IDFC First Select Lifetime Free Credit Card: Rewards, Benefits and Detailed Review (2026)

Synopsis: The IDFC FIRST Select is a lifetime free credit card that offers premium rewards, low forex markup, and complimentary lounge access. It is best suited for users who want to increase points through a 10X reward structure on purchases without any annual fees.

The IDFC FIRST Select Credit Card is a Lifetime Free special offering from IDFC Bank. The premium features like accelerated rewards, complimentary lounge access and reward points on bill payments make it a one of the must have financial asset.

This card is a good fit for those who want rewards in most of their transactions. Check the card review below to learn everything about this card and all the unique features it comes with.

IDFC First Select Credit Card

• Joining fee: Nil (Lifetime Free)
• Annual fee: Nil (Lifetime Free)
• Card Type: Reward card 
• Best Suited for: Online shopping and domestic travel

Fees & Charges

According to many card reviews, this card is known for having some of the most competitive interest rates and low transaction fees in the Indian market.

Reward Points & Redemption Process

The reward system is based on a 1X unit. Where 1X equate to 1 Reward Point (₹150 spent)

• 3X Points on all spends (up to ₹20,000 monthly spend).
• 10X Points on incremental spends above ₹20,000 in a billing cycle.
• 10X Points on all spends made on your Birthday.
• 1X Points on Utility and Insurance payments.

Note: The reward points structure exempt these categories – Fuel, EMI, Cash withdrawals, or Rent payments. 

Example: 

For instance, you spent a total of ₹30,000 in a month.

₹10,000 spent on online purchases that earned 6X reward points

₹10,000 of offline spending earns 3X reward points

The remaining ₹10,000 earns 10X reward points, no matter where you spend it.

Redemption Process

1 Reward Point = ₹0.25.

• Rewards points are credited to account after statement is generated
• It can also be tracked with the IDFC FIRST Mobile App.
• Points can be redeemed for gift vouchers and products in the rewards catalog
• These points do not expire.
• ₹99 + taxes are applicable per redemption transaction.

Also Read: RBL Bank Paisabazaar Duet Plus Credit Card: Cashback, Rewards and Detailed Review (2026)

Benefits & Perks

• 2 domestic lounge access per quarter (min spend of ₹20,000 in the previous calendar month).
• 4 railway lounge access as complimentary per quarter.
• Movie ticket Buy One Get One (BOGO) offer on the Zomato-owned District app (up to ₹125 off) twice a month.
• Roadside Assistance as Complimentary 24/7 worth ₹1,399.

Insurance Cover

• Air Accident Cover of ₹1 Crore.
• Personal Accident Cover of ₹5 Lakhs.
• Lost Card Liability up to ₹50,000.

Milestone Benefits

₹20,000 monthly spend threshold unlocks:

• 10X Reward Points on all further spending.
• Lounge Access eligibility for the following month.

Who Should Get This Card?

• Those who prefer lifetime free premium credit card
• People who spend a significant amount on shopping and online transactions 
• It is also suitable for those who want to have a card review of IDFC bank or are new to the bank
• Best for people who travel frequently
• Those who prefer reward points that do not expire.

Concluding Words

The IDFC First Select Credit Card remains one of the strongest credit cards in the Indian market for 2026. This comprehensive card review makes you familiar with all the great features it comes with. 

Its Lifetime Free status makes it a valuable addition to cardholders’ wallets and the 10X reward structure provides great value for those who fixate their monthly spends on a single card. 

Even with the recent industry wide devaluations in lounge access, its inclusion of railway lounges and various insurance makes it a very preferable financial asset.

FAQs

Written by Kenbi Riba