IDFC FIRST Millennia Credit Card is designed for the millennial lifestyle with its 10X reward points that never expire, low rate of interest and amazing merchant discounts. This card comes with absolutely no Joining/ Membership/ Annual fee, making it a lifetime free credit card.
Key Highlights
Features & Benefits
Fees & Charges
Eligibility
Documents Required
How to Apply
Key Highlights of IDFC FIRST Millennia Credit Card
Joining fee: Nil.
Annual fee: Nil.
EMI conversion facility: Available on transactions above Rs. 2,500.
Interest Rates (APR): 0.75% to 3.5% per month (9% to 42% per annum).
IDFC FIRST Millennia Credit Card Features & Benefits
Joining Benefits
Welcome voucher worth Rs. 500 on spending Rs. 5,000 or above within 30 days of card issuance.
5% cashback (maximum up to Rs. 1,000) on the transaction value of first EMI done within 90 days of the card generation.
Reward Points
10X reward points on incremental spends of more than Rs. 20,000 per month and also on spends done on your birthday.
6X reward points on online purchases for spends up to Rs. 20,000 per month.
3X reward points on offline purchases for spends up to Rs. 20,000 per month.
The reward points are unlimited and never expire.
Reward points can be used instantly to pay for online or in-store purchases.
1X = 1 Reward point per Rs. 150 spent
1 Reward point = ₹0.25
Lounge Visits
4 complimentary railway lounge visits each quarter.
Insurance
Complimentary Roadside Assistance worth Rs. 1,399
Personal Accident Cover worth Rs. 2,00,000 and Lost Card Liability Cover worth Rs. 25,000. Offer valid on doing at least one transaction with FIRST Millennia Credit Card within the last 30 days.
Discounts
25% discount (up to Rs. 100) on booking movie tickets on Paytm mobile app (valid once per month).
Up to 20% discount at more than 1500 restaurants.
Up to 15% discount at over 3000 Health & Wellness outlets.
Purchases to EMI Conversion
Convert all your transactions above Rs. 2,500 into easy Equated Monthly Instalments (EMIs) from your mobile app.
Instant EMI conversion of all online transactions above Rs. 2,500 on the IDFC FIRST Bank’s OTP page.
Credit Card Balance Transfer
Transfer balances from your other bank credit cards conveniently with IDFC’s balance transfer privilege.
Convert your outstanding balance into easy EMIs with flexible tenure of 3 to 18 months.
Fuel Surcharge Waiver
1% fuel surcharge waiver at all fuel stations across India.
Benefits available up to Rs. 200 per month
IDFC FIRST Millennia Credit Card Fees & Charges
Joining fee: Nil
Annual fee: Nil
Add-on card fee: Nil
Interest rate (APR) on purchases, cash advances & outstanding balances due: 0.75% to 3.5% per month (9% to 42% per annum).
Overdue interest: 3.99% per month (47.88% per annum)
Over-limit charges: 2.5% of the over-limit amount, subject to a minimum of Rs. 500
Late payment charges: 15% of the total amount due, subject to a minimum of Rs. 100 & a maximum of Rs. 1,250.
Forex markup: 3.5% for all international transactions
Cash advance/ transaction fee: Rs. 250
Image personalisation fee: Rs. 499
Return of cheque/ auto-debit/ payment return: Rs. 250 per returned cheque/ auto-debit/ payment return.
Card replacement fee: Rs. 100
EMI fees: 1% of the transaction value, subject to a minimum of Rs. 99.
Convenience fee: Effective from 01.10.2022, a convenience fee of Rs. 99 + applicable taxes will be levied on the redemption of reward points.
Goods and Service Tax (GST): GST (presently 18%), as notified by the Government of India, is applicable on all the charges mentioned above.
IDFC FIRST Millennia Credit Card Eligibility
Minimum net monthly income: Rs. 25,000 (subject to change).
Age: Applicant must be aged between 21 to 65 years in order to apply for an IDFC FIRST Bank Credit Card.
Citizenship: Applicant must be an Indian resident having a current and permanent residential address within India.
Location: IDFC FIRST Bank maintains a set of cities which are allowed for sourcing cards.
Credit bureau history: Applicant should have a good credit score and no evidence or history of defaulting on loans/ missing payments on loans or credit cards.
Internal policy criteria: IDFC FIRST Bank runs certain internal policy criteria to choose a customer for issuing credit cards. Internal policy criteria are usually based on the applicant’s bureau history, any existing relationship with the bank, customer demographics, and credit exposure. The final decision to issue a credit card to the applicant is at the bank’s sole discretion, according to the mentioned internal policies.
IDFC FIRST Millennia Credit Card Documents Required
Income proof: Form 16, Income Tax Returns, and Salary Slip.
How to Apply for IDFC FIRST Millennia Credit Card?
Open the IDFC FIRST Millennia Credit Card page by clicking the https://www.idfcfirstbank.com/credit-card/millennia link.
Click on the Apply Now button.
Enter your name as per your Aadhaar Card.
Enter your date of birth.
Mention your mobile number.
Click on the Get OTP button.
Enter the OTP received on your mobile phone.
You will soon receive a call from the bank’s representative regarding taking the application process ahead.
Alternatively, you can also apply for an IDFC FIRST Millennia credit card through our website or by visiting the nearby IDFC FIRST Bank branch.
IDFC FIRST Millennia Credit Card FAQs
No, there is absolutely no joining or annual fee applicable to IDFC FIRST Bank Millennia Credit Card. The card is free for life.
You can directly use your reward points to pay for your online purchases or while shopping at a store. All you need to do is just choose the option of ‘pay with points’. You can also redeem your earned reward points against amazing offers available at idfcfirstrewards.poshvine.com.
No, the reward points earned on this credit card never expire.
10X reward points on incremental spends of more than Rs. 20,000 per month and also on spends done on your birthday.
6X reward points on online purchases for spends up to Rs. 20,000 per month.
3X reward points on offline purchases for spends up to Rs. 20,000 per month.
The reward points are unlimited and never expire.
Reward points can be used instantly to pay for online or in-store purchases.
1X = 1 Reward point per Rs. 150 spent
1 Reward point = ₹0.25
Yes, you will get a welcome voucher worth Rs. 500 on spending Rs. 15,000 or above within 90 days of card issuance. Also, there is 5% cashback (maximum up to Rs. 1,000) on the transaction value of the first EMI done within 90 days of the card generation.
