Key Highlights of IDFC FIRST Power Credit Card

• Unlimited Cashback: Earn 5% cashback on all online transactions.
  Get 1% cashback on all other transactions.
• No Annual Fee:The card comes with no annual fee for life, making it cost-effective.
• Welcome Benefits:Receive a welcome gift upon the first transaction, often in the form of cashback or reward points.
• Fuel Surcharge Waiver:Enjoy a fuel surcharge waiver at select petrol stations, saving on fuel expenses.
• Easy EMIs:Convert purchases into easy monthly installments for better financial management.
• Global Acceptance:Accepted worldwide at millions of merchants and ATMs via Visa/Mastercard.
• Insurance Coverage:Complimentary insurance benefits for travel, accidents, and theft.
• Online Management:Easy access to manage the card via the IDFC FIRST Bank mobile app or website.
• Contactless Payments:Supports contactless transactions for quick and secure payments.
• Exclusive Offers:Access to discounts and special offers at various partner merchants.
• Rewards Redemption:Flexible redemption options for reward points, including travel, merchandise, and vouchers.

IDFC FIRST Power Credit Card Features & Benefits

Rewards & Cashback Benefits

• Cashback Rewards:5% Unlimited Cashback on all online transactions.
  1% Cashback on all other transactions, providing substantial savings on everyday purchases.
• No Annual Fee: Lifetime free credit card with no annual fee, making it financially attractive for cardholders.
• Welcome Benefits:Welcome gift in the form of cashback or reward points upon the first transaction, adding immediate value to new cardholders.
• Fuel Surcharge Waiver:Waiver on fuel surcharge at select petrol stations, allowing users to save on fuel expenses.
• Easy EMIs:Option to convert purchases into easy monthly installments (EMIs) for better financial management, making it easier to handle larger expenses.
• Global Acceptance:Widely accepted at millions of merchants and ATMs worldwide through the Visa/Mastercard network.
• Insurance Benefits:Complimentary insurance coverage for travel, accidents, and theft, providing peace of mind while traveling.
• Online Access & Management:Convenient management through the IDFC FIRST Bank mobile app or website, allowing users to track transactions, rewards, and payments easily.
• Contactless Payments:Supports contactless transactions, enabling quick and secure payments without the need for a PIN for small purchases.
• Exclusive Discounts and Offers:Access to special offers, discounts, and promotions from various partner merchants, enhancing the overall value of the card.
• Reward Points Redemption:Flexible redemption options for earned reward points, which can be used for travel bookings, merchandise, gift vouchers, and more.
• Enhanced Customer Support:Dedicated customer service for assistance with card-related queries and support.

IDFC FIRST Power Credit Card Fees & Charges

• Joining fee: Nil
• Annual fee: Nil
• Interest Rate:Competitive Interest Rates: Applicable on outstanding balances, typically ranging from 10% to 42% per annum, depending on the bank's terms and the customer's creditworthiness.
• Cash Withdrawal Charges:Cash Withdrawal Fee: A fee may apply for cash advances, usually a percentage of the amount withdrawn plus GST.
• Foreign Currency Transaction Fee:A percentage fee on international transactions, often around 3.5% of the transaction amount, plus any applicable GST.
• Late Payment Charges:Applicable if the minimum payment is not made by the due date. The charge typically ranges from ₹100 to ₹1,000, depending on the outstanding balance.
• Over Limit Fee:A fee may apply if the cardholder exceeds the credit limit, usually around ₹500.
• Replacement Card Fee:A fee for reissuing a lost or stolen card, which is generally around ₹100.
• Rewards Redemption Fee:Some redemption options may incur a nominal fee, but many are offered without additional charges.
• Statement Retrieval Fee:If you request past statements, there may be a fee associated with retrieving them, typically around ₹50 per statement.

IDFC Power Credit Card Eligibility

To apply for the IDFC FIRST Power Credit Card, you need to meet the following criteria:

• Age: Applicants must be at least 21 years old at the time of application.
• Income: A minimum monthly income requirement is usually set, which may vary based on the bank's assessment. This can include:
  • Salaried individuals: Typically need to have a stable job with a minimum monthly salary (often around ₹25,000 or more).
  • Self-employed individuals: May need to provide proof of business income.
• Credit Score: A good credit score is generally required to qualify. A score of 700 or above is usually preferred, although this can vary.
• Employment Status: Applicants should be either employed or self-employed with a stable income source. A minimum employment duration may also be considered (e.g., at least six months in the current job).
• Residency: Applicants must be residents of India and provide a valid address proof.
• Existing Bank Relationship:While not mandatory, having an existing banking relationship with IDFC FIRST Bank may improve eligibility.

IDFC FIRST Power Credit Card Documents Required

You will be required to provide the documents mentioned below in order to apply for IDFC FIRST Power Credit Card:

• Address proof: Aadhar card, passport, voter ID, or any government-issued ID.
• Proof of address:Utility bills, rental agreements, or bank statements that show your current address.
• Proof of income: alary slips, bank statements, or income tax returns to verify your income.

How to Apply for IDFC FIRST Power Credit Card

Applying for the IDFC FIRST Power Credit Card is a straightforward process. Here’s a step-by-step guide on how to apply:

• Open the IDFC FIRST Power Credit Card page by clicking the link https://www.idfcfirstbank.com/credit-card/credit-card-against-fixed-deposits
• Click on the ‘Apply Now’ button.
• Mention your name as given on your Aadhaar Card and your date of birth.
• Enter your 10-digit mobile number.
• Click on the ‘Get OTP’ button.
• Enter the OTP received on your registered mobile phone.
• You will get a call from the bank’s executive shortly regarding taking the application process ahead.
• Alternatively, you can also apply for an IDFC FIRST Bank Club Vista credit card from our website or by visiting the nearby IDFC FIRST branch.