M16S / IDFC First Bank / IDFC Mayura Credit Card
premium · rewards, travel
IDFC Mayura Credit Card
The IDFC Mayura Credit Card costs Rs 5,999 a year. Its base return is 1.67%. The forex markup is 0%. Lounge visits in India: 4 per quarter, including 1 guest visit. Abroad: 4 per quarter via DreamFolks. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 5,999+ GST
- Fee waived at
- —
- Base return
- 1.67%
- Forex markup
- 0%
- Interest
- —
Apply on idfcfirst.bank.inOpens the bank’s own page.
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 5,999 |
|---|---|
| Annual fee | Rs 5,999 |
| Fee notes | Rs 5,999 + GST joining (upfront, non-refundable) and annual from year 2. No fee waiver; instead paying the annual fee earns points if you spent Rs 8 lakh or Rs 15 lakh. Metal add-on Rs 4,000 + GST joining, Rs 2,000 + GST annual. |
Rewards
| Welcome benefit | Up to 12,000 points: 4,000 on joining fee payment, 4,000 each on Rs 20,000+ spend in the 2nd and 3rd statement cycles |
|---|---|
| Reward currency | Reward Points |
| Base earn | 5X = 5 points per Rs 150 on spends up to Rs 20,000 per statement cycle |
| Base return | 1.67% |
| Point value | 1 point = Rs 0.50 on hotels and flights via the app (max 70% of booking); Rs 0.25 on vouchers, products and pay-with-points |
| Accelerated earn | 10X = 10 points per Rs 150 on incremental spend above Rs 20,000 per cycle. App bookings: 30X bonus on hotels (40 points per Rs 150), 15X bonus on flights (25 points per Rs 150). |
| Caps | International spends 5X only (count towards the 10X threshold). Rent, education, government, wallet load 3X. Insurance, utility, railways, FASTag 1X and excluded from the 10X threshold. App travel bonus capped at 25,000 points a month. Redemption capped at 1,50,000 points a month and 3,00,000 a year. |
| Spends that earn nothing | Fuel, EMI conversions, cash withdrawals, fees and GST, loan on card, balance transfers, transactions below Rs 150 |
| Points expiry | Never expire while the card is active |
| Milestone benefits | 7,500 points at Rs 8 lakh or 15,000 points at Rs 15 lakh previous-year spend, credited only when the next annual fee is paid |
| Reward notes | base_return_pct = 5 points per Rs 150 x Rs 0.50 = 1.67% on the first Rs 20,000 a cycle; 3.33% above that; half those figures if redeemed at Rs 0.25. |
Travel and perks
| Domestic lounge | 4 per quarter, including 1 guest visit |
|---|---|
| International lounge | 4 per quarter via DreamFolks |
| Lounge conditions | Needs Rs 20,000 spend in the calendar month to unlock the next month. Railway lounges: 4 per quarter. |
| Forex markup | 0% |
| Fuel surcharge waiver | 1% on Rs 200-5,000 txns, cap Rs 300 per statement cycle |
| Other freebies | Movies: buy-1-get-1 via District, up to Rs 500 off the second ticket, twice a month, needs Rs 20,000 spend in the calendar month. Golf: up to 2 rounds or lessons a month, one per Rs 20,000 spent in the previous statement cycle. |
Charges and eligibility
| 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 |
| Eligibility | No income or age criteria stated; limit shared across the customer's unsecured IDFC FIRST cards |
| Fine-print notes | Zero forex markup, but international spends earn 5X, not 10X. Purchase APR not stated on the card 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. |
Questions
- What is the annual fee of the IDFC Mayura Credit Card?
- Rs 5,999 a year, before GST.
- Does the IDFC Mayura Credit Card give airport lounge access?
- Yes. In India: 4 per quarter, including 1 guest visit. Outside India: 4 per quarter via DreamFolks. Conditions: Needs Rs 20,000 spend in the calendar month to unlock the next month. Railway lounges: 4 per quarter.
- What is the forex markup on the IDFC Mayura Credit Card?
- 0% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the IDFC Mayura Credit Card?
- Fuel, EMI conversions, cash withdrawals, fees and GST, loan on card, balance transfers, transactions below Rs 150