IDFC FIRST Bank FIRST Select credit card review: fees, rewards and eligibility
The IDFC FIRST Bank FIRST Select has a recorded annual fee of ₹0 and a base earn of 3 Reward Points per ₹200 on eligible spends. CardMasters checked its issuer terms on 2026-08-01. Affiliate commission never changes ranking; confirm final terms and approval with IDFC FIRST Bank.
IDFC FIRST Bank FIRST Select: short answer
The IDFC FIRST Bank FIRST Select is in the mid tier of IDFC FIRST Bank credit cards, with a joining fee of ₹0, an annual fee of ₹0, a base earn of 3 Reward Points per ₹200 on eligible spends and a 1.99% forex markup. Rewards are not earned on fuel, emi, cash advance. It suits lifetime free, low forex, balanced spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
Reward structure
3 Reward Points per ₹200 on eligible spends
- 10 Reward Points per ₹200 on eligible dining, travel and international purchases on dining, travel and international purchases — The current category-based 10X structure applies after 18 June 2026. Birthday spend also earns 10X but is not modeled because the profile does not capture transaction date.
Eligibility and important limits
minimum age 21, published monthly income floor ₹1,00,000 The issuer publishes annual income of ₹12 lakh or more, Indian citizenship and age 21+ for FIRST Select. It publishes no numeric bureau-score cutoff; issuance remains subject to internal assessment. Approval remains solely at the issuer’s discretion.
Does not earn: fuel, emi, cash advance.
Important limit: From 19 June 2026, 10X is category-based on eligible dining, travel, international and birthday purchases; the old incremental-spend-above-₹20,000 route no longer applies.
Frequently asked questions
What is the annual fee for the IDFC FIRST Bank FIRST Select?
The IDFC FIRST Bank FIRST Select currently has no annual fee in our record. Lifetime free.
How do rewards work on the IDFC FIRST Bank FIRST Select?
3 Reward Points per ₹200 on eligible spends. Accelerated routes include 10 Reward Points per ₹200 on eligible dining, travel and international purchases on dining, travel and international purchases. Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the IDFC FIRST Bank FIRST Select?
The current issuer-sourced exclusions recorded by CardMasters include fuel, emi, cash advance. Merchant category coding and issuer terms determine final eligibility.
Who should consider the IDFC FIRST Bank FIRST Select?
It is most relevant for people focused on lifetime free, low forex, balanced. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the IDFC FIRST Bank FIRST Select worth it?
With no recorded annual fee, the IDFC FIRST Bank FIRST Select costs nothing to hold, so it is worth keeping if it adds a reward category or benefit your existing cards do not cover. A free card is still not worth using where another card in your wallet earns more.
What is the eligibility for the IDFC FIRST Bank FIRST Select?
The published minimum age is 21. The published monthly income floor is ₹1,00,000. The issuer publishes annual income of ₹12 lakh or more, Indian citizenship and age 21+ for FIRST Select. It publishes no numeric bureau-score cutoff; issuance remains subject to internal assessment. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the IDFC FIRST Bank FIRST Select?
The recorded foreign-currency markup is 1.99% before GST. On ₹1,00,000 of international spend that is about ₹1,990 in markup, so compare it against any rewards earned on overseas transactions.
Does the IDFC FIRST Bank FIRST Select offer airport lounge access?
Domestic lounge access: 1 complimentary domestic airport lounge visit per quarter after ₹20,000 spend in the previous calendar month; 4 railway lounge visits per quarter with the same monthly spend gate. International lounge access: none. Spend conditions and guest charges are set by the issuer and can change.