IDFC FIRST Millennia Credit Card – Benefits, Fees & Eligibility

Introduction

The IDFC FIRST Millennia Credit Card, issued by IDFC FIRST Bank, is positioned as an entry-level, lifetime-free credit card designed for young individuals and trendsetters. It offers a robust rewards program with up to 10x non-expiring reward points on various spends, complimentary railway lounge access, and attractive discounts on movies and dining, making it a value-for-money option for everyday spending and domestic travel.

Welcome Benefits

• Receive an e-gift voucher worth ₹500 from a choice of brands (Amazon, BigBasket, Uber, Lifestyle) on spending ₹5,000 or more within 30 days of card generation.
  • Eligibility: Spends of ₹5,000 within 30 days of card generation, applicable only for Primary Card.
  • Exclusions: Not applicable on UPI, Add-on card transactions, wallet load, EMI converted transactions, and ATM cash withdrawals. Reversed/cancelled/disputed transactions are also excluded.
• Get 5% cashback, up to a maximum of ₹1,000, on your first EMI transaction if done within the first 30 days of card generation.
  • Eligibility: Applicable only on the first EMI conversion within the first 30 days of card generation.
  • Exclusions: Transactions on gold and jewellery are not eligible for EMI conversion. Not eligible if the customer is delinquent at the time of offer fulfillment. Reversed/cancelled/foreclosed/disputed EMI transactions are excluded.
• Total welcome benefits can be up to ₹1,500.

Fees

• Joining Fee: Nil
• Renewal Fee: Nil (Lifetime-free credit card)
• Spend-Based Waiver: Not applicable as the card is lifetime free.
• Rewards Redemption Fee: ₹99 + GST per redemption.
• Foreign Currency Markup: 3.5% of the total transaction value.
• Interest Rates (Annual Percentage Rate - APR): Ranges from 8.5% to 46.2% per annum.
• Fuel Surcharge Waiver: 1% waiver for fuel transactions between ₹200 and ₹5,000, up to ₹200 per month.
• Cash Advance Charges: ₹199 + GST per transaction. Interest-free cash withdrawals from ATMs for up to 45 days.
• UPI Activation Fee: ₹199 + GST for the Rupay credit card linked to the FIRST Millennia Credit Card.
• Add-on Card Fee: ₹499 + GST (joining and annual fee) per add-on card.
• Overlimit Charges: An additional 10% credit limit facility is available with customer consent.
• Late Payment Charges: If the Minimum Amount Due (MAD) is unpaid by the due date, late payment fees are charged based on the outstanding balance, and interest applies on the overdue amount until cleared.

Rewards

• Reward Earning Rates:
  • Earn 10 Reward Points per ₹200 spent on Dining, Travel, International Transactions, and spends done on your birthday.
  • Earn 3 Reward Points per ₹200 spent on all other eligible transactions (excluding insurance, utilities, railways, FASTag recharges, dining, travel, international purchases, fuel, EMI transactions, and cash withdrawals).
  • Earn 1X Reward Point (1 Reward Point per ₹200 spent) on Insurance premium payments, Utility bill payments, Railway spends, and FASTag recharges.
  • Accelerated Rewards on Travel Bookings (via 'FIRST Rewards Gallery' on IDFC FIRST Bank Mobile App):
    • 20% Bonus Reward Points on hotel bookings (over and above base reward points).
    • 10% Bonus Reward Points on flight bookings (over and above base reward points).
    • A maximum of 8,000 accelerated Reward Points can be earned each month.
  • UPI Spends: Earn up to 3X Reward Points on UPI spends (applicable for the Rupay credit card).
• Reward Point Exclusions: Reward points are not earned on fuel purchases, EMI transactions, cash withdrawals, fees, and charges.
• Reward Point Validity: Reward Points are valid for 24 months from the date they are credited.
• Reward Point Conditions: Reward Points are earned only on spends up to your credit limit per billing cycle. Additional spends beyond this will not be eligible for Reward Points. If the Minimum Amount Due is not paid by the Payment Due Date, Reward Points will not be applicable for that billing cycle, and any already posted will be reversed.
• Movie Benefits: Get a 25% discount, up to ₹100, on movie tickets booked via the District by Zomato mobile app, once every month. To avail this benefit in the next month, you need to have made at least one transaction in the current calendar month.
• Dining Benefits: Avail up to 20% discount at more than 1,500 leading restaurants across India.
• Travel Benefits:
  • Enjoy 4 complimentary Railway Lounge access each quarter across India.
  • Condition: Spend ₹20,000 within the current calendar month to unlock railway lounge benefits in the following month.
  • Eligible IRCTC Executive Lounges include: Chennai Central, Old Delhi, Jaipur, Sealdah, Madurai, Agra Cantonment, Varanasi Cantt, Mumbai Central (INEJ Digital Lounge), Vadodara (INEJ Digital Lounge), Bhopal (The Stuti Luxury Lounge).
  • A valid card and train ticket must be presented to avail the offer.
• Insurance Benefits:
  • Personal Accidental Cover worth ₹2 Lakh.
  • Lost Card Liability Cover of ₹25,000.
  • Both covers are valid on making at least one transaction on the FIRST Millennia Credit Card in the last 30 days.
• Lifestyle Benefits:
  • Complimentary Roadside Assistance worth ₹1,399, valid up to 4 times in a year.
  • Merchant offers across travel, dining, shopping, and more, available all year long.

Rewards Redemption Guide

• Reward Point Value: 1 Reward Point = ₹0.25.
• Redemption Process:
  • Reward points can be redeemed against various categories and products.
  • You can use reward points to pay for any online purchase and at some physical stores by selecting the ‘pay with points’ option at the payment gateway.
  • Alternatively, you can redeem your reward points against a range of offers available through the 'FIRST Rewards Gallery' section on the IDFC FIRST Bank Mobile App.
• Redemption Fee: A reward redemption fee of ₹99 + GST will be applicable per redemption.

Card Eligibility Criteria

• Age: The applicant should be at least 21 years old.
• Annual Income: Annual income should be more than ₹3 Lakh.
• Credit Score: The applicant should have a decent credit score, preferably above 700, with no payment defaults.

Card Review

The IDFC FIRST Millennia Credit Card is a highly affordable and trending rewards card, particularly suitable for individuals seeking a lifetime-free credit card with a strong rewards program for both online and offline expenditures. Its unique feature of non-expiring reward points adds significant value. The card offers a comprehensive suite of benefits including travel perks like complimentary railway lounge access, lifestyle advantages such as movie and dining discounts, insurance covers, and a fuel surcharge waiver. While it stands out for its value-for-money proposition and domestic travel benefits, the absence of airport lounge access and the presence of a reward redemption fee are minor drawbacks. Overall, it's a smart choice for young earners and trendsetters.

Pros

• Lifetime free credit card with no joining or annual fees.
• Complimentary railway lounge access (4 times per quarter), highly beneficial for domestic train travelers.
• Reward points never expire and are carried forward.
• Offers up to 10x reward points on dining, travel, international, and birthday spends.
• Includes personal accidental cover and lost card liability cover.
• Complimentary roadside assistance.
• Low interest rates starting from 8.5% per annum.
• Interest-free cash withdrawals for up to 45 days.

Cons

• No domestic or international airport lounge access.
• A reward redemption fee of ₹99 + GST is charged per redemption.
• Foreign currency markup of 3.5%.
• Cash advance charges of ₹199 + GST per transaction.

Important Product Details

• Zero annual fee credit card.
• Comes with never-expiring reward points.
• Complimentary railway lounge access 4 times in a quarter (requires ₹20,000 spend in the previous month).
• Complimentary roadside assistance worth ₹1,399, valid up to 4 times a year.
• Personal Accidental Cover worth ₹2 Lakh on all active cards.
• Lost Card Liability Cover of ₹25,000.
• Fuel surcharge waiver of 1% on fuel purchases up to ₹200 per month (for transactions between ₹200 and ₹5,000).
• Low interest rates (APR) starting at 8.5% per annum.
• Interest-free cash withdrawals from ATMs for up to 45 days (one-time fee of ₹199 + GST applies).
• Instant EMI conversion for all online transactions.
• 25% discount on movie tickets up to ₹100 on the District by Zomato mobile app, once every month.
• Up to 20% discount at over 1,500 leading restaurants.
• Reward redemption fee of ₹99 + GST.
• Foreign currency markup of 3.5%.
• No domestic or international airport lounge access.

Other Details

• The card is targeted at young individuals who love to spend on shopping, entertainment, and dining.
• UPI on FIRST Millennia Credit Card: Activate UPI by getting a linked FIRST Digital RuPay Credit Card. This comes with a joining and annual fee of ₹199 + GST. A limited period offer provides 100% cashback up to ₹200 (₹50 each on the first 4 UPI transactions).
• Credit Limit: If you already have an IDFC FIRST Bank unsecured credit card, your new credit card will share the same credit limit. The bank may revise your limit based on eligibility, and you can request an enhancement via Net Banking or the mobile app.
• Payment Due Date: This is the last date to pay at least the Minimum Amount Due (MAD) to avoid late charges and credit score impact. It is fixed each month and follows your statement generation.
• Total Amount Due (TAD): Includes all purchases, EMIs, charges, and interest accrued during the billing cycle. Paying in full avoids interest charges.
• Minimum Amount Due (MAD): Usually approximately 5% of the total outstanding (including EMIs and charges). Paying only MAD avoids late fees, but interest continues on the unpaid amount.
• Interest Calculation: Interest is calculated daily from the transaction date until the payment date and varies based on transaction type and history. Paying the full amount avoids interest.
• Interest-Free Period: Up to 45 days of interest-free credit on retail purchases, provided the full outstanding from the previous cycle is paid by the due date.
• Card Personalization: You can personalize your card during application by selecting an image or uploading your own for a nominal joining fee and annual fee of ₹499 + GST.
• Add-On Cards: You can share your credit limit by issuing Add-On cards with a ₹499 + GST joining and annual fee per card. These cards share the same credit limit, and the primary cardholder is liable for all payments.
• PIN Entry: For transactions in India, PIN entry is required at POS terminals. Internationally, PIN entry depends on the terminal. Contactless (tap-and-pay) transactions up to ₹5,000 can be enabled via the mobile app.
• Lost Card Procedure: If you lose your credit card, block it immediately via the customer care helpline (1800 10 888), IDFC FIRST Bank Mobile banking app, Net banking portal, or SMS service (send CCBLOCK <Last 4 digits of credit card number> to 5676732).
• Referral Benefit: Existing cardholders can refer family and friends for IDFC FIRST Bank Credit Cards and earn up to ₹1,000 cashback (5% cashback on your credit card spends made within 30 days of your friend’s card issuance).
• Mobile Banking App: The IDFC FIRST Bank Mobile Banking App allows users to manage their virtual credit card, view transaction details, e-statements, outstanding amounts, control card settings (online, contactless, international transactions, PIN), make convenient repayments, and discover exclusive offers and redeem Reward Points.
• Important Documents: Most Important Terms & Conditions, Card Member Agreement, Product Usage Guide, and Know your Privileges documents are available for detailed information.
• Feature Revisions: Effective 18th June 2026, revisions were made to some features and the applicable Terms & Conditions of the FIRST Millennia Credit Card.