IDFC Wow Credit Card

Overview

FIRST WOW! Zero Forex Markup credit card from IDFC First Bank. Enjoy 4X rewards, 45-day interest-free cash withdrawals & 100% FD-backed approval. Apply Now

Rewards

Benefits

• 0% Foreign Currency Markup: Zero foreign transaction markup on all international online payments and overseas POS swipes worldwide.
• Credit Score Builder with Zero Income Proof: No CIBIL score or salary slip required. Your Fixed Deposit earns up to 7.5% interest while you build a strong credit profile.
• Visa Infinite Luxury Privileges: Exclusive dining discounts, merchant offers, and global Visa Infinite protection benefits.

Things to Know Before you apply

Fees & Charges

Fee waiver: Lifetime Free (LTF) - ₹0 Joining Fee and ₹0 Annual Renewal Fee unconditionally.

Compare with Similar Cards

IDFC Wow Credit CardRead moreApply Now

IDFC Wow Credit Card

RBL Bank Insignia Preferred Banking Credit CardRead moreApply Now

RBL Bank Insignia Preferred Banking Credit Card

Bank of Baroda Hpcl Energie Credit CardRead moreApply Now

Bank of Baroda Hpcl Energie Credit Card

Rating

4.5/5

5.0/5

Highest rated

4.5/5

Fee Details

Joining Fee

Free

Annual/Renewal Fee

Free

Lowest fees

Joining Fee

₹7,000

Annual/Renewal Fee

₹7,000

Joining Fee

₹499

Annual/Renewal Fee

₹499

Welcome Benefit

• • Guaranteed credit card with credit limit up to 100% of Fixed Deposit + 5% cashback up to ₹1,000 on first transaction.

• • Complimentary banking privileges for Insignia account holders or 28,000 Bonus Reward Points (worth ₹7,000) on first purchase within 30 days and fee realization for other cardholders.
• • Qualification Criteria: Maintain Insignia Preferred Banking relationship or spend within 30 days
• • Fulfillment Timeline: Credited within 60 days of card issuance

• • 500 joining bonus reward points on spend of ₹5,000 or more within 60 days of card issuance

Reward/Cashback Rate

• • 1X Reward Point per ₹150 spent on all retail merchandise
• • 4X Reward Points per ₹150 spent on cumulative monthly spends above ₹20,000

• • Base Rewards: 5 Reward Points per ₹100 (5 Reward Points per ₹100 spent on all domestic retail purchases)
• • Accelerated Rewards: 10 Reward Points per ₹100 spent on all International purchases (Double Rewards Rate)
• • Excluded Categories: Fuel transactions
• • Wallet loading
• • Cash advances

• • 24 Reward Points per ₹150 on fuel purchases at HPCL retail outlets, LPG purchases and via HP Pay App (up to 5% savings)
• • 10 Reward Points per ₹150 on utility & departmental store spends (up to 2% savings)
• • 2 Reward Points per ₹150 on all other categories
• • Accelerated points and fuel surcharge waiver apply only at eligible HPCL fuel outlets

Pros

• • UPI
• • Instant Issuance
• • Fully Digital Online Application
• • High value reward program
• • Wide merchant acceptance

• • Base Rewards: 5 Reward Points per ₹100 (5 Reward Points per ₹100 spent on all domestic retail purchases)
• • Forex markup rate of 1.5%
• • Airport lounge and lifestyle dining privileges
• • Value-packed milestone rewards on annual spend

• • Up to 5% savings on HPCL fuel, LPG and HP Pay App transactions
• • Low ₹499 joining and annual fee
• • 4 complimentary domestic lounge visits per year
• • Annual fee waiver on ₹50,000 spend

Cons

• • Standard terms and exclusions apply on fuel, rent, and government utilities unless specified

• • Annual renewal fee of ₹7000
• • Reward exclusion on fuel purchases and wallet load transactions

• • Accelerated rewards and surcharge waiver limited to eligible HPCL outlets
• • Age eligibility differs by employment type (21–60 salaried, 24–65 self-employed)
• • No specific minimum income figure disclosed