IDFC First Bank has emerged as a strong player in the credit card market, offering competitive reward programs across its card portfolio. If you're an IDFC First credit card holder, understanding how to maximize your reward points can significantly enhance your card's value.
What Are IDFC First Credit Card Reward Points?
IDFC First credit cards offer reward points on various spending categories. The earning rate varies by card type and spending category:
IDFC First Select: Earns 2X reward points on dining and grocery spends.
IDFC First Wealth: Offers 4X reward points on dining and grocery spends.
IDFC First Classic: Provides 2X reward points on dining and grocery spends.
How to Check Your IDFC First Reward Points Balance
There are multiple ways to check your IDFC First reward points:
1. IDFC First Bank Mobile App
- Log in to the IDFC First Bank mobile app
- Navigate to your credit card section
- View your reward points balance
2. NetBanking
- Log in to IDFC First Bank NetBanking
- Go to Credit Cards section
- Check reward points summary
3. Monthly Statement
- Check your monthly credit card statement for reward points summary
How to Redeem IDFC First Credit Card Reward Points
IDFC First Bank offers multiple ways to redeem your reward points:
1. Through the IDFC First Bank Mobile App
Steps to redeem through the mobile app:
- Open the IDFC First Bank app
- Go to 'Credit Cards'
- Tap on 'Reward Points'
- Select 'Redeem Now'
- Browse through available categories
- Confirm and complete redemption
✅ Points are instantly deducted and redemption is usually processed immediately.
2. Through Internet Banking
- Log in to IDFC First Bank Net Banking
- Navigate to 'Cards' > 'Reward Points'
- Click 'Redeem Points'
- Choose your preferred category and follow the on-screen steps
3. Through Customer Care
Call 1800 10 888 or 1860 500 9900 and request for reward points redemption. While convenient, this method may take longer than online options.
Popular Redemption Categories
Gift Vouchers
- Amazon
- Myntra
- Big Bazaar
Travel
- Flights
- Hotels
- Bus Bookings
Merchandise
- Electronics
- Accessories
Other Options
- Charity/Donation (GiveIndia, NGOs)
- Utility bill payments (via app only)
Best Ways to Maximize IDFC First Reward Redemption
- Redeem points for statement credit when you have a large credit card bill.
- Use gift vouchers for major purchases to get maximum value.
- Take advantage of the no-expiry policy by accumulating points for bigger redemptions.
- Combine points with cash payments for high-value redemptions.
- Keep an eye on special redemption offers that may provide better value for your points.
Reward Point Redemption Charges
IDFC First Bank may charge a nominal fee for certain redemption options. The fee structure varies based on the redemption method and the number of points being redeemed.
Final Thoughts
IDFC First credit cards offer competitive reward programs with multiple redemption options. One of the biggest advantages is that your reward points never expire, giving you the flexibility to accumulate points and redeem them when you need them most.
Whether you prefer statement credit, gift vouchers, or travel bookings, there's a redemption option to suit your needs. Take advantage of the no-expiry policy to maximize the value of your points by waiting for the right redemption opportunity.
Frequently Asked Questions
How do I check my IDFC First credit card reward points?
You can check your IDFC First reward points through the IDFC First Bank mobile app, NetBanking portal, or by checking your monthly credit card statement. The points are also visible in the IDFC First Bank's rewards portal.
What is the best way to redeem IDFC First credit card reward points?
The best value comes from redeeming points for statement credit or gift vouchers. IDFC First offers competitive redemption rates, with points typically valued at ₹0.25-₹0.30 per point depending on the redemption option and card type.
Do IDFC First credit card reward points expire?
No, they don't expire. You can redeem them anytime.