IDFC FIRST Ashva Credit Card

1. Advanced Reward Points Structure

• 10X Reward Points: Earn 10X points on all incremental spends exceeding ₹20,000 in a billing cycle and on all spends made on your Birthday.

• 5X & 3X Rewards: Earn 5X points on spends up to ₹20,000 and 3X points on specific categories like Education, Rent, and Wallet loads.

• Welcome Benefit: Earn up to 7,500 Reward Points as a joining bonus (distributed across the first 3 billing cycles upon meeting spend targets).

• No Expiry: Points never expire and carry a redemption value of ₹0.25 each.

2. Travel & Global Lifestyle Perks

• Airport Lounges: 4 complimentary domestic lounge visits and 2 complimentary international lounge visits per quarter (Requires a minimum spend of ₹20,000 in the previous calendar month).

• Railway Lounges: 4 complimentary domestic railway lounge visits per quarter.

• Trip Cancellation Protection: Up to ₹25,000 reimbursement for non-refundable flight and hotel cancellations (valid twice a year).

• Golf Privileges: Up to 2 complimentary golf rounds or lessons per month.

3. Insurance & Security

• Air Accident Cover: Premium protection up to ₹1 Crore.

• Personal Accident: Coverage up to ₹10 Lakhs.

• Travel Insurance Cover: Up to USD 1,200 for baggage loss, baggage delay, or flight delays.

• Roadside Assistance: Complimentary 24/7 Roadside Assistance worth ₹1,399.

4. Fees & Interest Rates

• Joining Fee: ₹2,999 + GST.

• Annual Fee: ₹2,999 + GST (Waived on spending ₹8 Lakhs in the previous anniversary year).

• Interest Rate: Dynamic APR ranging from 9% to 47.88% per annum.

• Cash Withdrawal: Interest-free cash withdrawals for up to 48 days (subject to a flat ₹199 processing fee).

PART 3: ELIGIBILITY CRITERIA

To be eligible for the Ashva Metal Credit Card, applicants generally need to fulfill the following:

• Age: Minimum 21 years and maximum 65 years.

• Income: Minimum annual income of ₹12 Lakhs (LPA) for salaried or self-employed individuals.

• Credit History: A clean repayment record with a high credit score (typically 750+).

• Employment: Stability in current employment or business for at least 2 years.

Disclaimer: All benefits, fees, and eligibility mentioned are based on current bank policies and are subject to change. Please verify the latest terms on the official IDFC FIRST Bank app or website before applying.