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IDFC FIRST Bank

IDFC FIRST Bank Diamond Reserve

Not rated yet - COFFER rates a card only after reading every document the bank publishes for it. How we rate

Open to new applications · Earns points

First-year fee

₹3,000 + GST

Annual fee

₹3,000 + GST

What it gives back

10X reward points for incremental spends above ₹20,000 in a statement cycle and on your birthday; 3X reward points on spends up to ₹20,000 in a statement cycle (1X reward point for every ₹150 spent)

Read from 11 IDFC FIRST Bank documents, last checked 19 Oct 2026.

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How it compares

Compared with the cards we have read

₹3,000 annual fee: of the 273 other open cards whose annual fee we have read, 225 state a lower one, 4 state the same and 44 state a higher one.

No forex markup: one of 29 cards that state none, out of the 292 open cards whose forex markup we have read.

Fees

  • Annual feeJoining fee

    ₹3,000 + GST

  • Fee waiver rule

    Fee waived if you spend ₹6 Lakh.

  • Add-on card fee

    ₹499 + GST

Welcome offer

  • Welcome benefit

    On payment of the joining fee, you will receive multiple premium brand offers worth over ₹5,000, including complimentary memberships and discounts from ET Prime, Lenskart, MakeMyTrip, Mokobara, and IDFC FIRST Bank Mobile App.

Rewards

  • Reward rate

    10X reward points for incremental spends above ₹20,000 in a statement cycle and on your birthday; 3X reward points on spends up to ₹20,000 in a statement cycle (1X reward point for every ₹150 spent)

  • Government spend earningRent earningWallet load earning

    3X reward points on Education, Wallet Load, Government, Rent and Property Management/Purchase transactions.

  • Insurance spend earning

    1X reward point on Insurance.

  • Travel earning

    20% bonus RP on hotel bookings; 10% bonus RP on flight bookings (travel bookings made via FIRST Rewards Gallery section on the IDFC FIRST Bank Mobile App)

  • Utilities earning

    1X reward point on Utilities, Insurance, Railway and Fastag.

  • Reward exclusions

    Reward points will not be given on international spends, spends converted to EMI, Cash Withdrawal, Fuel, Fee and Charges.

  • Reward caps

    Rewards will be earned for spends up to your credit limit per billing cycle

  • Catalogue redemption

    Value of 1 reward point is ₹0.25.

  • Point expiry

    No expiry date on the Reward Points.

Card benefits

  • Domestic lounge access

    2 complimentary visits per quarter to lounges and spas at domestic airport terminals in India; the lounge benefit can be availed in the next calendar month by spending ₹20,000 or more in the current calendar month.

  • International lounge access

    2 complimentary visits per quarter to overseas lounge terminals; the lounge benefit can be availed in the next calendar month by spending ₹20,000 or more in the current calendar month.

  • Hotel or travel programme

    Complimentary 3rd night stay for every 2 paid nights at ITC Hotels.

  • Hotel or travel programme

    Free Trip Cancellation Cover: claim up to ₹25,000 on non-refundable hotel and flight cancellations

  • Golf

    Up to 2 complimentary golf rounds/lessons per month; the golf benefit can be availed in the next calendar month on spending ₹20,000 or more in a statement cycle

  • Movie or entertainment ticket benefit

    Buy-one-get-one movie offer twice a month on Zomato District App, a discount of up to ₹250 on the second ticket; availed in the next calendar month by spending ₹20,000 or more in the current calendar month

Also included

  • Fuel surcharge waiver

    Save up to ₹300 per month with a 1% fuel surcharge waiver

Charges

  • Forex markup

    0%

  • Cash advance fee

    ₹199 + GST per transaction, irrespective of your location or the withdrawal amount

  • Cash advance interest

    All ATM cash withdrawals are totally interest-free for up to 45 days, in India or abroad

  • Cash withdrawal limit

    The maximum cash withdrawal limit per transaction is ₹10,000

  • Interest on unpaid balance

    Interest rates starting from 8.5% to 42% per annum

  • Interest-free period

    48 days interest-free when you pay in full.

  • Late payment fee

    15% of the Total Amount Due (subject to a minimum of ₹100 and a maximum of ₹1250)

  • What the card's fee or benefit year means

    Annual Fee (applicable from second card anniversary year) of ₹3,000 + GST

Eligibility

  • Income requirement

    Stable source of income through salary or self-employment.

  • Minimum age

    Age 21 years and above.

In the terms, not the brochure (2)

  • Spend that unlocks lounge visits in the next period

    The lounge benefit can be availed in the next calendar month by spending ₹20,000 or more in the current calendar month.

  • What must be paid with the card for the cover to apply

    You will be eligible for CFAR if you have done minimum 1 transaction on your IDFC Diamond Reserve/Select Credit Card in the calendar month preceding the start of the policy period

How we know - 11 documents from IDFC FIRST Bank, checked 19 Oct 2026

11 documents from IDFC FIRST Bank, checked 19 Oct 2026.

  • Linked page on www.idfcfirst.bank.in7 Oct 2026Proof
  • Linked page on www.idfcfirst.bank.in5 Oct 2026Proof
  • Linked page on www.idfcfirst.bank.in29 Sep 2026Proof
  • Card pageProof
  • Important update regarding yourProof
  • D I ST I N CT BY D E S I G NProof
  • MITCProof
  • Card terms and conditionsProof
  • Exclusive Welcome Offers withProof
  • Key Fact StatementProof
  • Lounge access termsProof

On these lists

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