IDFC Credit card is a lifetime free credit card. There is no joining, renewal or add-on card fee except for FIRST Private Credit Card. Let’s take a quick look at the different credit cards available with IDFC –

Finance Charges*

Except for the FIRST Private Credit Card, the interest rate on purchases, cash advances and outstanding balances due (charged if payment made is in-between Minimum Amount due and Total Amount due values) is as follows –

Monthly Rate – 0.75% - 3.5%

Annual Rate – 9% to 42%

Overdue Interest (charged on non-payment of Minimum amount due by the payment due date) is as follows –

Monthly Rate – 3.99%

Annual Rate – 47.88%

Interest rates on purchases, cash advances and outstanding balances due (charged if payment made is in-between Minimum Amount due and Total Amount due values) for Private Credit card are as follows –

Monthly Rate – 0.75%

Annual Rate – 9%

Overdue Interest (charged on non-payment of Minimum amount due by the payment due date) for Private Credit card is as follows –

Monthly Rate – 3.99%

Annual Rate – 47.88%

*The finance (interest) rates applicable to a Cardholder depend on internal policy parameters of the Bank. These are final and binding, and subject to change at Bank’s discretion.

The card also offers complimentary access to the airport lounge/spa with a decent reward rate. It also offers good rewards online and high value spends.