IDFC FIRST Vistara Credit Card Review | IDFC First Bank Launched Vistara Co-Branded Credit Card

[TechnoFinoTechnoFino is verified member.]

IDFC FIRST Bank has launched a new co-branded credit card with Air Vistara called the IDFC First Vistara Credit Card. Let's explore its features and benefits and compare it with other Vistara co-branded cards such as the SBI Vistara Prime Card.



Charges:
Joining Fee: ₹4,999 + GST
Annual Fee: ₹4,999 + GST

Welcome Benefits:

1. Silver tier Club Vistara Membership.
2. Receive 1 complimentary Premium Economy Ticket Voucher.
3. Get 1 One Class Upgrade Voucher.
4. Enjoy 3 months of complimentary EazyDiner Prime membership and BQ Prime subscription.

Main Benefits:

1. Get 2 complimentary visits to domestic airport lounges, 1 spa visit, and 1 international lounge visit per quarter. To avail of these facilities, you must spend ₹5,000 monthly.
2. Enjoy 12 complimentary golf lessons and 4 complimentary rounds of golf every year.

Trip Cancellation Cover: Receive trip cancellation cover up to ₹10,000 on flight and hotel bookings (2 claims annually).

Reward System: Earn 6 CV Points for every ₹200 spent until you reach ₹1 lakh in a month. After spending ₹1 lakh, you'll earn 4 CV Points for every ₹200 spent.
Earn 1 CV Point per ₹200 spent on fuel, insurance, utility bills, wallet loads, and rental expenses.
Earn 10 CV Points per ₹200 spent on dining expenses on your birthday.
#No CV Points are awarded for EMI transactions and cash withdrawals.

Get 2,000 bonus CV Points when you exceed a monthly spend of ₹30,000. This offer is applicable for the first 3 months from the card setup date. You can earn a total of 6,000 CV Points through this offer.

Spend Milestones:
Spend ₹1.5 lakh and receive 1 Premium Economy Ticket Voucher.
Spend ₹3 lakh and receive 1 Premium Economy Ticket Voucher.
Spend ₹4.5 lakh and receive 1 Premium Economy Ticket Voucher.
Spend ₹9 lakh and receive 1 Premium Economy Ticket Voucher.
Spend ₹12 lakh and receive 1 Premium Economy Ticket Voucher.

So, by spending ₹12 lakhs in a card anniversary year, you can obtain a total of 5 Premium Economy Ticket Vouchers.

SBI Vistara Prime Vs IDFC First Vistara Credit Card:
Now, let's compare it with the SBI Vistara Prime. I won't go into too much detail, but if you focus on the earning part, you'll find that you can earn 2 extra CV Points until you spend ₹1 lakh using the IDFC First Vistara Card. On the other hand, you'll earn only 1 CV point per Rs. 200 on utility, insurance, wallet, rent and fuel, But with the SBI Vistara Prime, you'll earn 4 CV Points per ₹200 spent on all categories, including utility bills, insurance, fuel, and wallet loads.

With the IDFC Vistara Card, you can earn 1 extra ticket voucher, but you have to spend more to achieve that. To earn 4 ticket vouchers, you need to spend ₹9 lakhs, and to earn one extra voucher, you have to spend ₹12 lakhs in total. In contrast, using the SBI Vistara Prime, you can earn 4 ticket vouchers simply by spending ₹8 lakhs, and you also receive a ₹10,000 Yatra hotel voucher.

In terms of annual fees, the IDFC First Vistara Card costs ₹4,999 + GST, while the SBI Vistara Prime card costs ₹2,999 + GST. The SBI Vistara Prime card is ₹2,000 + GST cheaper than the IDFC First Vistara Card.

So, I believe it is evident which card you should opt for. The SBI Vistara Prime has been and continues to be the best mid-range Vistara card for now.

 

[amitamit is verified member.]

PDFs

 

[Deleted member 11974]

Just called their CC department and they were not aware of the existence of Club Vistara CC. then they put me on hold for 5 minutes and said im eligible and all the rewards and benefits I will know after getting the card 😛.

IDFC is rarely included in bank offers on Fk or amazon.

even if you have a select or wealth card and you apply through the portal of new applicatiioons they will upgrade it

 

[amitr29]

IDFC vistara Credit Card is launched

- Joining Fees of RS. 4999/-
- One premium economy ticket free on joining fees
- One upgrade voucher
- Premium economy complimentary tickets at every spend of 1.50 lacs
- Spends of up to Rs.1 lakh per month – 6 CV Points per Rs.200
- Spends above Rs.1 lakh per month – 4 CV Points per Rs.200
- CV point on mandatory spends such as Fuel, Insurance, Utility, Rent & Wallet Load (exclusion: EMI payments only)

Birthday Benefit: 10X CV Points on dining spends on birthdays

Lounge Benefits: 8 complimentary domestic airport spa and lounge access per year, along with one complimentary international airport lounge access per quarter, on an average monthly spend greater than Rs.5,000

Tiered Annual Rewards: Unlock free tickets basis the cumulative annual spending on the card

More than Rs.1,50,000: 1 additional Premium Economy Class Ticket
More than Rs.3,00,000: 1 additional Premium Economy Class Ticket
More than Rs.4,50,000: 1 additional Premium Economy Class Ticket
More than Rs.9,00,000: 1 additional Premium Economy Class Ticket
More than Rs.12,00,000: 1 additional Premium Economy Class Ticket

View attachment 22338

 

[Deleted member 11974]

i also have a pre approved offer of upgrading it just not able to decide if it is actually worth it

 

[V360]

Got the card in seconds - so basically if you hold 1 IDFC card, you get this without any hassle

Bonus - no CIBIL enquiry 🙂

 

[vaibhav111vaibhav111 is verified member.]

someone on twitter shared his application got approved instantly cause of holding wealth so it seem very easy to get this card.

 

[004archit]

rent payment considered for milestone ?

 

[rahulsethi]

It seems they are not offering it to existing IDFC card members like Power/Power+ cards. I tried applying but got instantly rejected. I already hold an IDFC Select card.

 

[bonheur]

The case with IDFC is spending 30k every month for 3 months. With SBI, one has flexibility to spend 75k as per wishes. Also, after 450,000, no sense in using any of the cards. Also, SBI gives more points on fuel, utility, wallet, rent and insurance spends. Lounge access with SBI is unconditional.

Solid points.

 

[TheMentalist]

I did a quick calculation and the IDFC card is a lot more rewarding with the welcome benefits alone compared to SBI.

Assuming 1 CV = ₹1 and 1 PE ticket = ₹7500

IDFC

Welcome benefits
2000 CV + floor(30000/200)*6 = 2900 CV = 9.67% returns for the first 3 months.

First yearly milestone
₹7500 + floor(150000/200)*6 = 12000 CV = 8% returns*

*Important to note: 6 CV only till 1L monthly spends, 4 CV thereafter. Also utility, fuel and wallet loads only fetch 1 CV.

SBI

Welcome benefit
3000 CV + floor(75000/200)*4 = 4500 CV = 6%

First milestone
₹7500 + floor(150000/200)*4 = 10500 CV = 7%

So other than the steadily better milestone reward rate, the deciding factor b/w the two will be if you have the spends to utilise welcome benefits to the max, and whether you prefer SBI support to IDFC's.

I don't have an experience with IDFC, can someone please share theirs? Also how are their regular bank offers?

You should consider the fee component also while calculating the welcome benefits

 

[mkbhd]

Hi everyone,

Is rent payment considered for milestone for this card and SBI prime both? A lot depends on that as well.

 

[mkbhd]

Is rent payment going to be a part of milestones?

 

[Deleted member 9785]

This seems worse than sbi vistara prime and axis vistara signature which i do have. What am i missing to the reason people applying >

 

[TheMentalist]

This seems worse than sbi vistara prime and axis vistara signature which i do have. What am i missing to the reason people applying >

Golf & Spa benefits 🤣

 

[amitamit is verified member.]

someone on twitter shared his application got approved instantly cause of holding wealth so it seem very easy to get this card.

I dont have relationship with IDFC, still got approved instantly without any doc. Cibil and VKYC is require.

 

[Deleted member 11974]

This seems worse than sbi vistara prime and axis vistara signature which i do have. What am i missing to the reason people applying >

cancellation insurance value is higher
reward rate upto 1lkah spend is better
and golf benefit i guess

 

[Deleted member 11974]

pretty surprised by idfcs joining fee and annual fee pricing given the fact that they are no where near axis and sbi in cards market share.
might be a stellar move or a shitty pricing strategy
lets wait and watch

 

[Deleted member 11974]

y

It seems they are not offering it to existing IDFC card members like Power/Power+ cards. I tried applying but got instantly rejected. I already hold an IDFC Select card.

ours will get approved

 

[lucky]

Network provider doesn't matter much if we refer to RBI guidelines regarding card network portability. (https://www.business-standard.com/f...n-choose-your-own-network-123071000194_1.html)

Network does Matter when you spend Internationally, this card have Markup Fees of 2.99% which is Less compared to SBI or AXIS. Also Mastercard have Low Forex Rates then VISA, AMEX, Diners, JCB or anyone else. Also Occasional offer on Mastercard Variant Like Wydham Gold on Mastercard, apart from that its always good to hold all variant as Everyone Hold a Visa Card anyways.