IDFC FIRST Ashva

Premium

IDFC FIRST Bank

Where it ranks · across all 71 cards

#27 Online shopping1.7%direct#28 Groceries1.7%direct#24 Dining out1.7%direct

Reward rules

Points valued at ₹0.25/pt - conservative, what rankings use

Base rate - everything not covered below

5 pts / ₹150= 3.3 pts per ₹100

0.83%

conservative value

1 pt / ₹150 on FASTag, railways, insurance & utilities

1 pt / ₹150= 0.7 pts per ₹100

0.17%

conservative value

10 pts / ₹150 on incremental spends above ₹20K/cycle

10 pts / ₹150= 6.7 pts per ₹100

1.67%

conservative value

First ₹20K in a statement cycle earns 5 pts/₹150; international spends earn 5 pts/₹150 but count toward the ₹20K milestone.

3 pts / ₹150 on rent, govt, wallet, education

3 pts / ₹150= 2 pts per ₹100

0.50%

conservative value

1 pt / ₹150 on utilities, insurance, FASTag, railways

1 pt / ₹150= 0.7 pts per ₹100

0.17%

conservative value

5 pts/₹150 on international spends (all tiers; never accelerated)

5 pts / ₹150= 3.3 pts per ₹100

0.83%

conservative value

Via portals & vouchers - alternate methods (display, never rank)

✈ 40 pts / ₹150 on hotels via IDFC app Travel & Shop10.7%
via idfc app24,000 pts/monthsrc ↗
Bonus pts capped 15,000/calendar month. Flights via app earn 25 pts/₹150 (10 base + 15 bonus).

₹8,00,000 / year

7,500 RP rebate at ₹8L anniversary spends (paid only alongside the ₹2,999 annual fee - no spend-based waiver exists)

worth ≈ ₹1,875

🐎 IDFC Ashva - concentrate spend into fewer statement cycles
Ashva is a per-cycle step function: 5 pts/₹150 up to ₹20,000, 10 pts/₹150 above it. The same total spend earns visibly more when concentrated into fewer cycles.
₹60,000 in one cycle → ~3,167 pts vs 2,333 spread across three cycles - a 36% uplift for pure timing.