5% cashback on first EMI spend up to Rs. 1000 and additional welcome gift vouchers worth Rs. 500 on spending Rs. 15,000 inside 90 days of card generation
Rewards Rate
3 Reward Points on each offline spend of Rs. 150, 6 RPs per online spend of Rs. 150, and 10 Rewards on every Rs. 150 on spends above Rs. 20,000.
Reward Redemption
NA
Zero Liability Protection
Zero Liability protection upto Rs 25,000. Not valid on PIN Based transactions.
Spend Based Waiver
Nil
Movie & Dining
Up to 20% discount on more than 1,500 Restaurants across India. Avail 25% discount on movie tickets once a month on the Paytm app (up to Rs. 100).
Travel
Get four complimentary railway lounge accesses and four roadside assistance services a year, each worth Rs. 1399.
Fuel
NA
Domestic Lounge Access
NA
International Lounge Access
NA
Insurance Benefits
Personal Accidental Cover worth Rs. 2 Lakhs on all active cards. Lost Card Liability Cover of Rs 25,000.
Fees & Charges
Rewards Redemption Fee
Rs. 99 plus taxes
Foreign Currency Markup
3.5% of the total transaction value.
Interest Rates
Starting from 0.75% and goes up to 3.5% per month.
Fuel Surcharge
1% fuel surcharge waiver at all fuel stations and on all fuel purchases across India (Upto Rs 200 every month).
Cash Advance Charges
Transaction fees of Rs. 199
Add-on Card Fee
Nill
Product Details
Zero annual fee credit card.
Comes with never-expiring reward points.
10x Reward Points on spends of Rs 20,000 and above.
10x Reward points on all spend done on your birthday.
6x reward points on all online spends and 3x reward points on all offline spends.
Low-Interest Rates starting at 0.75% per month.
Fuel surcharge waiver at all gas stations pan India (Upto Rs. 200 every month).
Complimentary Railway lounge access 4 times in a quarter.
Complimentary roadside assistance worth Rs. 1399
Personal Accidental Cover worth Rs 2 Lacs on all active cards.
Fuel surcharge waiver on all fuel purchases up to Rs. 200 per month.
Pros or Cons
Pros
With this card, you get complimentary railway lounge access which is highly beneficial for domestic travellers who prefer to travel by railways.
This card has a great advantage as it is a lifetime free card.
Cons
You won’t be provided with any domestic or international lounge access with the IDFC First Millennia Credit Card.
There is a reward redemption fee of Rs. 99 with this card.