Federal Bank Imperio Credit Card VS IDFC FIRST Select Credit Card
Both Federal Bank Imperio Credit Card and IDFC FIRST Select Credit Card suit shopping-focused spenders, but they earn and cost differently. Federal Bank Imperio Credit Card is lifetime-free and earns bespoke 3-2-1 rewards structure on healthcare, groceries, and utility bill payments. IDFC FIRST Select Credit Card is lifetime-free and earns up to 10X Reward Points on spends above ₹20,000 per month. Federal Bank Imperio Credit Card also brings complimentary domestic airport lounge access, while IDFC FIRST Select Credit Card counters with 4 complimentary domestic airport lounge visits per quarter. If utilities spending matters more, go with Federal Bank Imperio Credit Card; if travel is the priority, IDFC FIRST Select Credit Card fits better.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
Federal Bank Imperio Credit Card
IDFC FIRST Select Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
Enjoy a lifetime free credit card with no joining or annual renewal fees.
Earn accelerated reward points on essential family spends like groceries and utilities.
Benefit from complimentary domestic airport lounge access for comfortable travel.
Get Buy One Get One offers on INOX movie tickets, perfect for entertainment.
Receive valuable Big Basket vouchers upon reaching quarterly spending milestones.
Pros
Key benefits and features.
Enjoy the IDFC FIRST Select Credit Card with no joining or annual fees.
Benefit from a competitive low foreign currency markup of just 1.99%.
Access complimentary domestic airport and railway lounges quarterly with this card.
Comprehensive insurance covers like air accident, personal accident, and lost card liability.
Earn reward points on unique categories like rent, education, and wallet loads, often excluded elsewhere.
Cons
Key drawbacks and limitations.
A nominal convenience fee of ₹99 is charged for each reward redemption request.
The card has a relatively high foreign currency markup of 3.5% on international spends.
Interest rates are dynamic and can be as high as 45% p.a. based on AMB.
Lounge access is limited to domestic airports only, with no international benefits.
Specific dining and general travel benefits beyond lounge access are not detailed.
Cons
Key drawbacks and limitations.
The reward earning rate on general spending categories is considered average.
Many key benefits, including lounge access and movie offers, are now spend-based (₹20k/month).
Reward points will now expire after 24 months, a change from the previous no-expiry policy.
This card does not provide complimentary international airport lounge access.