M16S / IDFC First Bank / IDFC FIRST WOW! Black Credit Card
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IDFC FIRST WOW! Black Credit Card
The IDFC FIRST WOW! Black Credit Card costs Rs 750 a year, waived if you spend Rs 1,50,000 in a year. Its base return is 1.33% (4 points per Rs 150). Accelerated earn: 16.7% bonus points on hotels and 10% on flights booked via the IDFC FIRST app. The forex markup is 0%. Lounge visits in India: 1 per quarter (4 per year). Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 750+ GST
- Fee waived at
- Rs 1,50,000annual spend
- Base return
- 1.33%
- Forex markup
- 0%
- Interest
- 3.85%a month
What changed on this card
- IDFC FIRST keeps reward points on international spends, Sep 2026
IDFC FIRST credit cards have zero forex markup from 9 September 2026 and still earn reward points on international spends. The bank dropped its planned 26 October cut in a later letter.
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 750 |
|---|---|
| Annual fee | Rs 750 |
| Annual spend that waives the fee | Rs 1,50,000 |
| Fee notes | Rs 750 + GST joining and annual; annual waived on Rs 1.5 lakh annual spend. An FD-backed variant is also listed. |
Rewards
| Welcome benefit | Brand offers, memberships and cashback stated as worth Rs 5,000+ |
|---|---|
| Reward currency | Reward Points |
| Base earn | 4 points per Rs 150 |
| Base return | 1.33% |
| Point value | 1 point = Rs 0.50 on app travel bookings; Rs 0.25 otherwise |
| Accelerated earn | 16.7% bonus points on hotels and 10% on flights booked via the IDFC FIRST app |
| Capsunverified | 1 point per Rs 150 on insurance and utilities (aggregator) |
| Reward notes | base_return_pct = 4 points per Rs 150 x Rs 0.50 (app travel redemption) = 1.33%; 0.67% at Rs 0.25. Rs 99 + GST per redemption. |
Travel and perks
| Domestic lounge | 1 per quarter (4 per year) |
|---|---|
| International lounge | None |
| Lounge conditions | Needs Rs 20,000 monthly spend |
| Forex markup | 0% |
| Other freebies | 25% movie discount up to Rs 100 once a month; trip cancellation cover up to Rs 10,000 twice a year; bundled UPI-enabled FIRST Digital card |
Charges and eligibility
| Interest per monthunverified | 3.85% |
|---|---|
| Late payment feeunverified | 15% of total amount due, min Rs 100, max Rs 1,300 |
| Cash advance fee | Rs 199 + GST per withdrawal; interest-free up to 45 days; max Rs 10,000 per withdrawal |
| Eligibilityunverified | Not stated |
| Fine-print notes | Details read from the WOW! page's comparison section, not a dedicated WOW! Black page. Bank-wide rules read on issuer pages: points earned only on spends up to the credit limit per billing cycle (from 18 Jun 2026); points for a cycle are forfeited if the minimum amount due is not paid by the due date; Rs 99 + GST fee per reward redemption; over-limit fee 2.5% of over-limit amount, min Rs 550. Interest is a range: 8.5% to 46.2% a year (about 0.71% to 3.85% a month); the top of the range is recorded. |
Questions
- What is the annual fee of the IDFC FIRST WOW! Black Credit Card?
- Rs 750 a year, before GST. It is waived if you spend Rs 1,50,000 in a year.
- Does the IDFC FIRST WOW! Black Credit Card give airport lounge access?
- Yes. In India: 1 per quarter (4 per year). Outside India: none listed. Conditions: Needs Rs 20,000 monthly spend
- What is the forex markup on the IDFC FIRST WOW! Black Credit Card?
- 0% of each foreign-currency transaction, before GST.