IDFC First Bank Launched its Debit Card Reward System

[ChurningNoob]

I am sure this would have been discussed here but there are 200 pages so I cannot find it.

I know criteria to open select and wealth account is 3 or 10L but do I need to maintain this balance? How to upgrade from 0 MAB to wealth what is the trick please.

 

[Rdspam]

I am sure this would have been discussed here but there are 200 pages so I cannot find it.

I know criteria to open select and wealth account is 3 or 10L but do I need to maintain this balance? How to upgrade from 0 MAB to wealth what is the trick please.

Buddy, forget the 200 pages. You are in the wrong thread altogether. Just search “idfc wealth” and you’ll get multiple threads with lengthy discussions.

 

[xvd1]

Get it replaced and try. Replacement is free in idfc so no harm in trying.

So replacing dc also didn't solve the issue. Transactions still getting failed at unipay site.

What to do next? :/

 

[SureShot]

Even if it was discussed already, it's whopping 200+ pages, so please
did anyone try using first wealth debit card for fuel spends? Do we get 0.5% reward rate till 50K and post that 2.17% for fuel spends as well? Where can i see the entire list of exclusions, didn't find anywhere so far i have seen?

 

[Rahul Gupta]

Even if it was discussed already, it's whopping 200+ pages, so please
did anyone try using first wealth debit card for fuel spends? Do we get 0.5% reward rate till 50K and post that 2.17% for fuel spends as well? Where can i see the entire list of exclusions, didn't find anywhere so far i have seen?

Merchant Codes	Merchant Categories
6300	INSURANCE SALES AND UNDERWRITING
6012	FINANCIAL INSTITUTIONS - MERCHANDISE & SERVICES
6211	SECURITY BROKERS/DEALERS
6051	QUASI CASH
6540	WALLET UPLOAD

Type of Program	Monthly Point Capping
General	8,000
Select	30,000
Wealth	50,000
Private	5,00,000

I have updated these in main post so everybody can see them easily.

 

[pankaj1122]

Merchant Codes	Merchant Categories
6300	INSURANCE SALES AND UNDERWRITING
6012	FINANCIAL INSTITUTIONS - MERCHANDISE & SERVICES
6211	SECURITY BROKERS/DEALERS
6051	QUASI CASH
6540	WALLET UPLOAD

Type of Program	Monthly Point Capping
General	8,000
Select	30,000
Wealth	50,000
Private	5,00,000

I HAVE A QUERY...PLZ DO REPLY IF AWARE..
I HAVE IDFC FIRST SELECT ACCOUNT...
NOW can i also upgrade my mother's IDFC basic 25k AMB acnt without any criteria via family banking..Check photo

 

[supperman]

Slightly out of the loop for IDFC, earlier normal debit card used to give 10X reward points post 20K. Has that changed in the past few months? I only ask ask as I made payments exceeding 20K and was expecting incremental 10X points, but only got regular points.

 

[ankitfintech]

Can somebody explain if paying income tax by idfc wealth debit card will fetch reward points or not? And how much?

 

[pankaj1122]

Slightly out of the loop for IDFC, earlier normal debit card used to give 10X reward points post 20K. Has that changed in the past few months? I only ask ask as I made payments exceeding 20K and was expecting incremental 10X points, but only got regular points.

Yes...now after 50k...and not 20k

 

[Rahul Gupta]

I HAVE A QUERY...PLZ DO REPLY IF AWARE..
I HAVE IDFC FIRST SELECT ACCOUNT...
NOW can i also upgrade my mother's IDFC basic 25k AMB acnt without any criteria via family banking..Check photo

Yes. You can upgrade family members accounts to select and you don't need to maintain anything but it depends on branch. They may ask for some 3 lac IP for account opening.

 

[Aniket]

Yes. You can upgrade family members accounts to select and you don't need to maintain anything but it depends on branch. They may ask for some 3 lac IP for account opening.

He has already a select, why does IP require? Doesn't family banking/ grouping comes under the select program only?

 

[Rahul Gupta]

He has already a select, why does IP require? Doesn't family banking/ grouping comes under the select program only?

Yes it does but branch people ask for money to upgrade an account. However it depends on branch to branch.

 

[Aniket]

Yes it does but branch people ask for money to upgrade an account. However it depends on branch to branch.

Escalation matrix hai na wo kab kaam aayega 🤭

 

[Dragon_slayer]

View attachment 55137
so last week sat called IDFC and said missing point on 1 trnx and now i have 3801 on 74k trnx.. so earlier i have said not to use IDFC DC for IDFC CC payment so now I'm not sure should i initiate 1.34L payment cause on Wednesday i should get a call regarding this but point are reflecting today.

Hi where did you made your first transaction above 1000 Ruppes?

 

[leonneel]

I have a question, I just got my new select dc, I know for first 14 days I'll not see my rp credit.

My question is shall I receive my all pending txn rp of rs 2-3L if I spend within the Frist 14 days? Or should I wait until I start receiving rp i.e post 14 days?

 

[supperman]

Is there a significant benefit to Select and Wealth accounts over the normal 25K account? I can see on the first page, that 10X activates after 50K, and the reward limits are slightly higher for Select / Wealth. Is that it?

 

[vaibhav111vaibhav111 is verified member.]

Hi where did you made your first transaction above 1000 Ruppes?

Amazon took apv

 

[vaibhav111vaibhav111 is verified member.]

I have a question, I just got my new select dc, I know for first 14 days I'll not see my rp credit.

My question is shall I receive my all pending txn rp of rs 2-3L if I spend within the Frist 14 days? Or should I wait until I start receiving rp i.e post 14 days?

If you can wait.. cause if trnx doesn't show up you need to call cs and raise request manually. So no harm either way it all depends on you.

 

[Rahul Gupta]

If you can wait.. cause if trnx doesn't show up you need to call cs and raise request manually. So no harm either way it all depends on you.

Do they ask anything? Like invoice or something?

 

[Aniket]

Do they ask anything? Like invoice or something?

No bro, they will just cross verify your txn and whether it's eligible or not.