IDFC FIRST Bank Quantum+ Credit Card (FD-secured) review: fees, rewards and eligibility
The IDFC FIRST Bank Quantum+ Credit Card (FD-secured) has a recorded annual fee of ₹0 and a base earn of 1% cashback on eligible online and in-store purchases. CardMasters checked its issuer terms on 2026-08-25. Affiliate commission never changes ranking; confirm final terms and approval with IDFC FIRST Bank.
IDFC FIRST Bank Quantum+ Credit Card (FD-secured): short answer
The IDFC FIRST Bank Quantum+ Credit Card (FD-secured) is in the entry tier of IDFC FIRST Bank credit cards, with a joining fee of ₹0, an annual fee of ₹0, a base earn of 1% cashback on eligible online and in-store purchases; its card-specific forex markup is not recorded. Rewards are not earned on cash advance, emi. It suits lifetime free, first credit card, credit builder spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-25. Confirm final terms with the issuer.
Reward structure
1% cashback on eligible online and in-store purchases
- 1% on the first ₹10,000; 2% thereafter on eligible online spend (₹500 monthly cap) — Progressive statement-cycle cashback: 1% on the first ₹10,000 of eligible online spend and 2% only on the incremental eligible online spend above ₹10,000. The ₹500 total statement-cycle cashback cap is shared across all categories.
- 0.5% value on select utility, rent, jewellery, wallet, insurance and government categories (₹500 monthly cap) — These categories earn 0.5% but do not count towards the ₹10,000 online-spend threshold. The ₹500 cap is shared across all cashback categories.
Eligibility and important limits
minimum age 18 Issued against a new or eligible existing IDFC FIRST Bank fixed deposit. The issuer publishes no income-proof or prior-credit-history requirement; resident Indian, PAN, Aadhaar and video KYC are required. Approval remains solely at the issuer’s discretion.
Does not earn: cash advance, emi.
Important limit: UPI cashback is 1% only for Scan & Pay through the IDFC FIRST Bank app. Third-party UPI-app spend earns no cashback, so CardMasters does not infer UPI value from an aggregate monthly input.
Frequently asked questions
What is the annual fee for the IDFC FIRST Bank Quantum+ Credit Card (FD-secured)?
The IDFC FIRST Bank Quantum+ Credit Card (FD-secured) currently has no annual fee in our record. Lifetime free with no minimum-spend condition.
How do rewards work on the IDFC FIRST Bank Quantum+ Credit Card (FD-secured)?
1% cashback on eligible online and in-store purchases. Accelerated routes include 1% on the first ₹10,000; 2% thereafter on eligible online spend (₹500 monthly cap); 0.5% value on select utility, rent, jewellery, wallet, insurance and government categories (₹500 monthly cap). Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the IDFC FIRST Bank Quantum+ Credit Card (FD-secured)?
The current issuer-sourced exclusions recorded by CardMasters include cash advance, emi. Merchant category coding and issuer terms determine final eligibility.
Who should consider the IDFC FIRST Bank Quantum+ Credit Card (FD-secured)?
It is most relevant for people focused on lifetime free, first credit card, credit builder, cashback. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the IDFC FIRST Bank Quantum+ Credit Card (FD-secured) worth it?
With no recorded annual fee, the IDFC FIRST Bank Quantum+ Credit Card (FD-secured) 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 Quantum+ Credit Card (FD-secured)?
The published minimum age is 18. Issued against a new or eligible existing IDFC FIRST Bank fixed deposit. The issuer publishes no income-proof or prior-credit-history requirement; resident Indian, PAN, Aadhaar and video KYC are required. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the IDFC FIRST Bank Quantum+ Credit Card (FD-secured)?
A card-specific foreign-currency markup is not recorded in the current issuer evidence for the IDFC FIRST Bank Quantum+ Credit Card (FD-secured). Confirm it with IDFC FIRST Bank before using the card internationally.
Does the IDFC FIRST Bank Quantum+ Credit Card (FD-secured) offer airport lounge access?
Domestic lounge access: none. International lounge access: none. Spend conditions and guest charges are set by the issuer and can change.