Select
Base Rate
0.38%
Forex Markup
1.99%
Joining Fee
FREE
Milestones
0
💳 Fee Structure
🧮 Reward Calculator
Monthly Spending Breakdown
Net Annual Value
+₹848
After ₹0 annual fee deduction
Base Rewards
₹848
Forex Net
+₹0
Milestones
₹0
No milestone benefits for this card
📝 Detailed Review
The CardVault Verdict
The IDFC FIRST Select Credit Card is a solid lifetime free (LTF) card. It offers decent rewards (1.25%) on dining, travel, and international purchases. The card also packs unconditional domestic lounge access. However, the base reward rate on other spends is very low, and the ₹99 reward redemption fee is a minor annoyance.
Who Should Apply?
Highly recommended for beginners and intermediate spenders looking for an unconditional lounge access card with zero maintenance fees.
Lounge Access
Unconditional Access
No minimum spend required to unlock lounge visits.
Visits / Year
8visits
Supported Networks
Additional Notes
2 domestic lounge visits per quarter + 4 railway lounge visits per quarter (unconditional).
⚖️ Pros & Cons
✓Pros
- •Lifetime Free (LTF) credit card with zero joining or annual fees
- •1.25% reward rate on Dining, Travel, and International spends from the first transaction
- •Complimentary domestic airport (8/year) and railway lounge (16/year) access
- •Generous BOGO movie ticket offer via BookMyShow/District app
✗Cons
- •Low base reward rate of 0.38% on general spends
- •Forex markup fee of 1.99% + GST is higher than metal travel cards
- •Nominal fee of ₹99 + GST applies to each reward redemption
Historical Changes
Track record of card modifications
Accelerated rewards update
The 10X reward rate on Dining, Travel, and International spends is now applied immediately, removing the previous monthl…
Reward earning base updated
The reward point earning base was adjusted to ₹200 per point.