Key Highlights of IDFC SWYP Credit Card

• Zero Annual Fee: The card typically has no annual fee, especially if certain spending thresholds are met.
• Reward Points: Earn reward points on every purchase, which can be redeemed for various products, travel, or experiences.
• Cashback Offers:Enjoy cashback on specific categories like dining, fuel, and online shopping.
• Customizable Designs: Choose from a variety of card designs to personalize your card.
• Instant Approval and Activation:Quick application process with instant approval and activation for eligible customers.
• Contactless Payments:Supports contactless transactions for fast and secure payments.
• Flexible Repayment Options:Offers flexibility in repayments, including the option to convert purchases into EMIs.
• Fuel Surcharge Waiver:Waives fuel surcharges at select petrol stations, providing savings on fuel purchases.
• Global Acceptance:Widely accepted at millions of merchants and ATMs worldwide.
• Emergency Card Replacement:Assistance available for emergency card replacement in case of loss or theft.

IDFC SWYP Credit Card Features & Benefits

Rewards & Cashback Benefits

• Rewards Redemption: Points can be redeemed for a wide range of products, services, and travel bookings.
• Enhanced Spending Power: Increased credit limit based on income and credit history, enhancing purchasing capacity.
• Exclusive Offers and Discounts: Access to various discounts on dining, travel, and entertainment, enriching the overall customer experience.
• Safety and Security: Features like fraud protection and emergency card assistance ensure peace of mind for cardholders.
• Budget Management Tools: Users can track their spending and manage their budgets effectively through the bank’s mobile app.
• Flexible Payment Options: Options to pay in installments or use revolving credit provide financial flexibility.

IDFC SWYP Credit Card Fees & Charges

• Joining fee: Nil
• Interest Rate:The interest rate on outstanding balances typically ranges from 12% to 36% per annum, depending on the user's credit profile and repayment history.
• Late Payment Fee: A late payment fee is charged if the minimum payment is not made by the due date. This fee can vary but usually falls between ₹100 to ₹1,000, based on the outstanding balance.
• Cash Withdrawal Fee: A cash withdrawal fee may apply when withdrawing cash from ATMs, usually a percentage of the withdrawn amount (often around 2.5%), with a minimum charge.
• Foreign Transaction Fee: A fee is applicable on international transactions, usually around 1.5% to 3% of the transaction amount.
• Duplicate Statement Fee: A fee may be charged for requesting duplicate statements, generally around ₹100.
• Card Replacement Fee: There may be a charge for replacing a lost or damaged card, often around ₹100 to ₹500.
• EMI Conversion Fee: A processing fee may apply if converting purchases into EMIs, typically a percentage of the transaction amount.
• Fuel Surcharge: While there is usually a waiver on fuel surcharges at select petrol stations, a standard surcharge might apply otherwise, typically around 1% of the transaction amount.

IDFC SWYP Credit Card Eligibility

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

• Age: Applicants must be at least 21 years old and not older than 60 years at the time of application.
• Income: A minimum monthly income requirement is usually set, which can vary based on the applicant's profile. This could be around ₹25,000 or more, depending on the credit policy.
• Employment: Applicants should have a stable source of income. Both salaried individuals and self-employed professionals may apply.
• Credit Score: A good credit score (usually above 750) is generally required. A strong credit history improves the chances of approval.
• Residential Status: The applicant should be a resident of India and have a valid address proof.
• Banking Relationship: Existing customers of IDFC First Bank may have a better chance of approval, but it's not mandatory.

IDFC SWYP Credit Card Documents Required

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

• Address proof:Aadhaar card, passport, voter ID
• Proof of address:utility bill, rental agreement
• Proof of income: salary slips, bank statements, ITR

How to Apply for IDFC SWYP Credit Card

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

• Open the IDFC SWYP 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.