IDFC FIRST Wealth

PremiumLifetime free

IDFC FIRST Bank

Where it ranks · across all 71 cards

#30 Dining out1.3%direct#34 Food delivery1.3%direct#26 Flights1.3%directportal reaches 6.0%

Devaluation history

2025-05-28 - Reward structure overhauled: 10X-above-₹20K replaced by MCC tiers (10/3/1 per ₹200); points now expire in 24 months (were never-expiring).

Reward rules

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

Base rate - everything not covered below

3 pts / ₹200= 1.5 pts per ₹100

0.38%

conservative value

10 pts / ₹200 on dining, travel & international

10 pts / ₹200= 5 pts per ₹100

1.25%

conservative value

3 pts / ₹200 on rent, govt, wallet loads & education

3 pts / ₹200= 1.5 pts per ₹100

0.38%

conservative value

1 pt / ₹200 on insurance, utilities, railway & FASTag

1 pt / ₹200= 0.5 pts per ₹100

0.13%

conservative value

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

✈ App Travel & Shop: +20% RP on hotels, +10% on flights6.0%
via hopper~8,000 pts/monthsrc ↗
Effective 18 Jan 2026: bonus RP worth 20% (hotels) / 10% (flights) of booking via IDFC app; bonus capped 8,000 RP/month. Modeled ~6% blended; portal label approximated.

⊘ Fuel earns nothing (surcharge waiver provided); codes from the bank MITC category table.5172 5541 5542 5983bank MCC list→ use MakeMyTrip ICICI here (1.0%)
⊘ EMI-converted transactions, loan-on-card, balance transfer and sub-₹200 transactions earn nothing.

🏛️ Paying income tax on a card - the short survivors list
Most cards exclude government MCCs, and the tax portal charges ~0.85-1% for card mode - but a few cards still net positive, and RuPay-credit-via-UPI through the SBI gateway dodges the portal fee entirely.
₹1,00,000 advance tax on HSBC Premier: ~₹3,000 in points minus ~₹0 via UPI-RuPay routing or minus ~₹1,000 card-mode fee - net 2-3% on money you had to pay anyway.