IDFC FIRST Bank Hello Cashback

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 cashback

Annual fee

₹1,000 + GST

What it gives back

1% Cashback on UPI spends done via IDFC FIRST Bank App; 1% Cashback on in-store card swipe.

Read from 8 IDFC FIRST Bank documents, last checked 19 Oct 2026.

How it compares

Compared with the cards we have read

₹1,000 annual fee: of the 273 other open cards whose annual fee we have read, 173 state a lower one, 13 state the same and 87 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.

Changed on 2026-10-05: joining fee is now ₹1000+GST; ₹0 limited time offer valid till 30th October 2026 — see what changed

Fees

Annual fee
₹1,000 + GST
Fee waiver rule
Spend ₹2,00,000 or more in a year and get 100% annual fee reversed; spend ₹1,00,000 - ₹2,00,000 in a year and get 50% annual fee reversed

Rewards

Reward rate
1% Cashback on UPI spends done via IDFC FIRST Bank App; 1% Cashback on in-store card swipe.
Online earning
3% Cashback on online spends up to ₹10,000; 5% Cashback on incremental online spends above ₹10,000
Travel earning
Bonus 1% Cashback on hotel & flight booking done via IDFC FIRST Bank App.
Utilities earning
1% Cashback on essential categories (Utility, Rent, Jewellery, Wallet load, Insurance, Education, Gift Card, Government Services, FASTag, and Railway)
Reward exclusions
Fuel, ATM Cash withdrawals, EMI, UPI transactions done via other UPI apps (GPay, PhonePe, Paytm, etc.) are excluded from Cashback benefits
Reward caps
Cashback on online spends capped at ₹1,000 in a statement cycle. Total Cashback capped at ₹1,500 in a statement cycle
Cashback redemption
The Cashback you earn is credited to your IDFC FIRST Bank Credit Card account one day after Payment due date (PDD) and will be adjusted against outstanding balance of your next statement.
Point expiry
Your Cashback does not expire.

Card benefits

Hotel or travel programme
Travel bookings through the IDFC FIRST Bank app: total cashback rate including bonus and base rate is 4% for online spends up to ₹10,000, or 6% for incremental online spends above ₹10,000

Also included

Fuel surcharge waiver
Get 1% Fuel Surcharge Waiver up to ₹100 in a statement cycle at all fuel stations across India on transactions between ₹200 & ₹5,000
Credit shield cover
Credit Shield of ₹50,000
Insurance benefit
Personal accident cover of ₹2,00,000.
Lost card liability
Lost card liability cover of ₹25,000 valid on making at least one transaction on Hello Cashback Credit Card in the last 30 days.
Purchase protection
Purchase Protection of ₹25,000

Charges

Forex markup
0%
Cash advance fee
Interest-free cash withdrawal for up to 45 days at a nominal fees of ₹199+GST
Interest on unpaid balance
Monthly Rate 0.71% - 3.85% (Annual Rate 8.5% - 46.2%)
Interest-free period
Free credit for up to 45 days
Late payment fee
Late payment charges: 15% of the Total Amount Due (subject to a minimum of ₹100 and a maximum of ₹1250)
Cash payment / cash deposit fee
Fee on cash payment at branches: Nil.

Eligibility

Income requirement
You do not need any credit history or income proof; minimum fixed deposit of ₹10,000
Minimum age
18 to 80 years
Residency
Applicant must be an Indian resident citizen with a current and permanent residential address in India.

In the terms, not the brochure (2)

Spends that do not count toward the fee waiver
Annual spends milestone includes all purchases, excluding ATM cash withdrawal, monthly EMIs, balance transfer, fees and charges, net of reversals and refunds
What must be paid with the card for the cover to apply
Valid on making at least one transaction on the Hello Cashback Credit Card in the last 30 days.

How we know - 8 documents from IDFC FIRST Bank, checked 19 Oct 2026

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

On these lists

₹1,000 a year

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