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IDFC FIRST Select Credit Card Review

IDFC FIRST Select is best for salaried professionals who want a free card with zero forex. Lifetime free.

Annual feeLifetime free
Fee waiverNot needed
Top reward rate0.38%
Forex markup0%
NetworkVisa
Min. income₹1,00,000/mo
Visit IDFC FIRST Bank website Calculate my rewards

Pros

  • Lifetime free
  • Zero forex markup (from September 2026)
  • 10X points on spends above ₹20,000 a month

Cons

  • High reported income requirement (₹12 lakh a year)
  • International spends stop earning points from October 2026
  • Low base reward rate

Reward rate by category

Effective value back per ₹100 spent. Points valued at ₹0.25 each on a ₹200 earn basis (since January 2026); points valid 24 months.

Amazon0.38%
Flipkart0.38%
Other online shopping0.38%
Food delivery0.38%
Dining out0.38%
Groceries0.38%
Flights & hotels0.38%
Fuel0%
Bills & recharges0.13%
Everything else0.38%

Caps, tiers & milestones

  • 10X points (1.25%) on monthly spends above ₹20,000

How much could you earn?

Estimated yearly value after fees and caps for typical spending patterns.

Balanced spender
₹3,96,000/yr spend
₹1,995
Online shopper
₹3,90,000/yr spend
₹2,505
Frequent traveller
₹8,04,000/yr spend
₹5,745
Family & groceries
₹5,88,000/yr spend
₹3,690

Use my own spends

Lounge access

1 domestic visit a quarter with ₹20,000 monthly spend, plus railway lounges

Compare IDFC FIRST Select with

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IDFC FIRST Select FAQs

What is the annual fee of the IDFC FIRST Select credit card?

The IDFC FIRST Select credit card is lifetime free, with no joining or annual fee.

Is IDFC FIRST Select a good credit card?

The IDFC FIRST Select card is best for: salaried professionals who want a free card with zero forex. Its main strengths are: lifetime free; zero forex markup (from september 2026). Its main drawback: high reported income requirement (₹12 lakh a year).

What is the forex markup on IDFC FIRST Select?

The IDFC FIRST Select card charges a 0% forex markup on international transactions.

Does IDFC FIRST Select offer airport lounge access?

Yes: 1 domestic visit a quarter with ₹20,000 monthly spend, plus railway lounges. Banks often attach spend conditions to lounge access, so check the latest terms.

✓ Details verified 26 September 2026Minimum income: ₹1,00,000 a month (salaried), ₹12 lakh a year (reported). Sources: IDFC FIRST Bank: FIRST Select · Business Standard: IDFC FIRST zero forex. Banks change terms often, so confirm on the IDFC FIRST Bank website before applying.
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