IDFC First WOW Credit Card: The IDFC First WOW Credit Card, issued by IDFC Bank with lots of features and amazing benefits to its customers. This card comes with zero joining fees which a great news for its customer and the FIRST Wow Card is a completely lifetime free card. This credit card is a premium credit card issued against an IDFC fixed deposit with a minimum FD of Rs 2,000.
Not just there is no joining fees but also, the foreign markup fee and annual, membership with the WoW Card is also zero. And also No income proof and credit history are required for availing this credit card and fees on international transactions. This Credit Card offers welcome benefits, attractive rewards, dining offers, and Visa Infinite Premium Platform benefits.
Therefore, in this article we are going to see the features and benefits of IDFC First WOW Credit Card and the eligibility to apply for the same.
Contents
1. IDFC FIRST WOW Credit Card Features and Benefits
The IDFC FIRST WOW Credit Card is a lifetime free card issued by the bank which comes with the exciting privileges across different categories, including travel, rewards, lifestyle, and many more.
Here we have mentioned the features and benefits offered by the IDFC FIRST WOW Credit Card:
- Welcome Benefits: On the first EMI transaction, get 5% Cashback up to Rs. 1,000 done within the 90 days of card activation. And also, the cashback is applicable on direct EMI purchases or on the transaction converted to EMI.
- Dining Benefits: You can enjoy up to a 20% discount at more than 1500 restaurants, With IDFC FIRST WoW Credit Card. To avail this offer, confirm with the restaurant on the IDFC FIRST Bank Card dining discount offer and use your IDFC FIRST Wow Credit Card for the payment to avail of the benefit.
- Fuel Surcharge Waiver: On your fuel transactions, cardholders will get a fuel surcharge waiver of 1%, at fuel pumps all over India, get fuel surcharge up to Rs. 200 every month.
- Insurance Benefits: The cardholder get a personal accident cover worth Rs. 2 lakhs.
- Health Benefits: You can get up to 15% discount at more than 3,000 Health & Wellness outlets.
- Other Benefits: Over unique 300 merchant offers and 50+ In-app online discount offers.
- Reward points: You can get 1 reward point on every spend of Rs 150 and its multiples and can use their reward points while shopping online or in-store through the ‘pay with points’ option and there is no expiry date on reward points. This reward program is not available on insurance, fuel, cash withdrawals and EMI transactions.
2. IDFC FIRST WOW Credit Card Fees and Charges:
- The Joining fee charges are- NIL
- The Annual fee charges are- NIL
- The Cash withdrawal fee, Rs. 250 per transaction of the withdrawn.
- On all the Foreign currency transaction, you have to pay forex fee of Rs. 0 i.e., There is Zero Foreign currency.
- An interest rate of 0.75% to 3.5%per month (9% – 42% p.a.) is applicable on the due amount on the card if the cardholder is unable to clear all the dues by the payment due date.
- Late Payment Charges are- apart from the interest rate, a late payment fee shall also be applicable, For Statement Balance: 15% of the total outstanding amount (Minimum – Rs 100; Maximum – Rs 1,250).
3. IDFC FIRST WOW Credit Card Eligibility Criteria to Apply:
The common eligibility criteria and the documents required to apply for IDFC FIRST WOW Credit Card are as follows:
- The age limit for applying for this card is 18 years of age.
- The cardholder should be an Indian resident.
- The minimum deposit amount required to open Fixed Deposit, for Existing IDFC FIRST Bank customers: Rs 2,000 and
- For others: Rs 5,000.
- However, fixed deposit accounts opened by HUFs, partnership firms, society, trust, minors or opened jointly by applicant/s are not eligible for FIRST WOW! Credit Card.
- For Identity Proof documents you need are Aadhar Card, Voters Id, PAN Card, Passport, Driving License.
- For Address Proof, Utility bills of the latest months, Aadhar Card, Passport, and Ration card are the needed documents.
- For Income Proof, you need to submit the latest bank statement as a salaried person, and can also, submit your company ID card, if you are salaried, and if you are self-employed, you should submit your latest ITR.
4. How to Apply for IDFC FIRST WOW Credit Card:
For IDFC FIRST WOW credit card you can apply either online or offline. For offline mode, you can visit your nearest IDFC Bank branch with all the required documents and fill out the physical application form.
Here are the steps to be followed to apply for your IDFC FIRST WOW credit card:
- Step 1: Visit Official website of the IDFC Bank- www.idfcfirstbank.com
- Step 2: Select ‘credit card’ option.
- Step 3: Next, choose the ‘FIRST WOW’, and open the card.
- Step 4: Look for the ‘Express Interest’ Button on the page and enter all the requested details and providing the required documents and ‘submit’ it.
This the way in which you can apply for IDFC FIRST WOW credit card online.
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