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IDFC First Bank Mayura Super Premium Credit Card & Ashva Premium Credit Card (Both Metal Cards) Launched
- Thread starter BVC
- Start date
cc_dc_explorer
TF Premier
I have Wealth DC and CC
IDFC is speed enough to charge the Joining fees already. Reflecting on my statement.
Then enjoy life 😁
Why to carry some extra grams of weight 😉
Then if you feel that any of two cards don’t fit value, you can ignore happily. But if you’re a fan of metal credit cards like me you can consider ASHVA only metal card or Mayura for beautiful metal card.
12gm or 17gm doesn’t affect the weight we carry already. 😋😋
Done and dusted
cc_dc_explorer
TF Premier
Yeah! If it is there I will apply too otherwise will wait
Not really. Sometimes having some cards will have fun and wow factor. I usually prefer spending with metal cards offline.
My metal cards: Axis Magnus, One Card, HDFC Infinia, Citi Prestige, Amex Plat Charge, now IDFC Mayura will join the list.
shashankrt
TF Ace
EnthuCC
TF Premier
MasterCard with 0% Forex is actually great combination as MC currency conversion charges are better than Visa currency conversion charges.
In recent times reputed bank like Yes Bank and some co-operative banks were defaulted rendering many depositors losing their hard earned money.
I have a question for you guys. How do you manage big amount in your banks without any worry as banks insure only 5L of amount?
In recent times reputed bank like Yes Bank and some co-operative banks were defaulted rendering many depositors losing their hard earned money.
Yes bank was bailed out by SBI, so no one lost money.
Co-op banks are not investment worthy anyway.
RBI will not bail them out when they default.
Don't have any savings account in co operating bank. I keep in private bank like hdfc n idfc.. and amount is equally Distributed in saving/fd/RD/PPF/stock(recently started)/mutual funds(recently started)to minimize risk
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So is the final consensus that if you have IDFC wealth lifetime free along with Magnus Burgundy lifetime free, Burgundy debit card, etc;
you don't need mayura nor ashwa ?
1. With IDFC wealth I am getting 2 Spa access every month for 20000 spend in the previous month
2. I have burgundy debit card for 1+1 free movies up to 500, 5 times a month
3. For foreign spends I have cards which give a higher positive net return, much more than zero.
4. I get unlimited free domestic and international lounge access on Magnus Burgundy with Priority pass
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Y e s
Lorddiesel
TF Select
HNIs who really can afford to pay 6000 +gst fee, will not wait a month to get lounge and golf benefitsIDFC First Bank has launched two metal Super Premium/ Premium credit cards:
- Mayura Metal Credit Card (Weight - 17gm)
- Ashva Metal Credit Card (Weight - 12gm)
Mayura Metal Credit Card:Mayura is a super premium metal credit card launched from IDFC first bank inspired by most elegant bird, the peacock is a symbol of luck, poise, and beauty.
View attachment 65698
Joining Benefits:
- Limited time joining benefit of 10000 points on Joining fee payment before August 31st 2024.
- For every transaction above ₹1,000, you receive ₹1,000 as cashback, up to a maximum of four times. Valid for the first 60 days after the virtual credit card is generated. The cashback will be credited upon paying the joining fee. (Excluded transactions: Cash withdrawals, fees, charges and GST, and transactions made via the FIRST Digital Credit Card associated with the Mayura Credit Card)
Main Benefits:
- 0% Forex Markup fees on International Transactions.
- BOGO on Bookmyshow up to 2 tickets and capping of 500 per ticket.
- Avail 1% Fuel Surcharge Waiver up to ₹500 in a statement cycle at all fuel stations across India on transactions between ₹200 & ₹5,000.
- No Interest on Cash withdrawl
- Up to 4 complimentary visits per quarter (domestic and international) including 1 complimentary visit per quarter for accompanying guest to select Indian airport lounges. The guest visit will be a part of the overall Indian airport lounge access benefit. (**Spend ₹20,000 in the current calendar month to avail the benefit in the next month).
- Free Trip Cancellation Cover: For Any Reason cover, you can cancel flight and hotel bookings and avail a reimbursement of up to ₹50,000 twice a year.
- 4 complimentary visits to lounges per quarter at select Indian railway terminals.
- Avail up to two (2) complimentary golf rounds or golf lessons every month for every ₹20,000 of monthly statement spends using your Mayura Credit Card.
- Complimentary Road Side Assistance.
- Mastercard World Privileges (Meet and Greet Airport Services, Limo Service Airport Pick up and Drop - **Some clarity needed on this will be updated)
Reward System:
- 10 reward points for incremental spends above ₹20,000 in a statement cycle and on your birthday and 5 reward points on spends till ₹20,000 in a statement cycle.
- 3 reward points on Education, Wallet Load, Government, Rent and Property Management/Purchase transactions. 1 reward point on utilities and insurance transactions. Spends in these categories will not be considered for 10X monthly milestone.
- Reward points will not be given on spends converted to EMI, Cash Withdrawal, Fuel, Fee and Charges.
Reward Points Value:
- 1 reward point is given for every ₹150 spent in a transaction. Value of 1 reward point is ₹0.25.
- All the rewards points never expire.
Fee Structure:
- Joining Fees: 5999 + GST = 7078.82 with Joining Benefits
- Annual Fees: 5999 + GST = 7078.82 (No Annual Benefits)
- Add on Card charged ( Metal Variant: ₹4000 & Plastic Variant: ₹3000 & Annual Fee: ₹2000 for both variants)
Eligibility:
25 Lakhs annual Income for fresh applications and for existing IDFC Credit Card holders approval based on profile check and it's open to apply. Can be applied from below link.
Exclusive Mayura Metal Credit Card with 0 Forex Markup Fees | IDFC FIRST Bank
Mayura Metal Card from IDFC FIRST Bank is a tribute to Indian heritage. Apply online to enjoy exclusive benefits, zero forex fees, & unmatched luxury.www.idfcfirstbank.com
ASHVA Metal Credit Card:Ashva is a premium metal credit card launched from IDFC first bank inspired by: In the era of Indian royalty, horses or Ashva, were symbols of pride and
revered for their prowess.
View attachment 65701
Joining Benefits:
- Limited time joining benefit of 5000 points on Joining fee payment before August 31st 2024.
- For every transaction above ₹500, you receive ₹500as cashback, up to a maximum of four times. Valid for the first 60 days after the virtual credit card is generated. The cashback will be credited upon paying the joining fee. (Excluded transactions: Cash withdrawals, fees, charges and GST, and transactions made via the FIRST Digital Credit Card associated with the Mayura Credit Card)
Main Benefits:
- 1% Forex Markup fees on International Transactions.
- BOGO on Bookmyshow up to 2 tickets and capping of 500 per ticket.
- Avail 1% Fuel Surcharge Waiver up to ₹400 in a statement cycle at all fuel stations across India on transactions between ₹200 & ₹5,000.
- No Interest on Cash withdrawl
- Up to 4 complimentary visits per quarter for domestic and 2 complimentary international lounge access including 1 complimentary visit per quarter for accompanying guest to select Indian airport lounges. No guest access benefit. (**Spend ₹20,000 in the current calendar month to avail the benefit in the next month).
- Free Trip Cancellation Cover: For Any Reason cover, you can cancel flight and hotel bookings and avail a reimbursement of up to ₹25,000 twice a year.
- 4 complimentary visits to lounges per quarter at select Indian railway terminals.
- Avail up to two (2) complimentary golf rounds or golf lessons every month for every ₹20,000 ofmonthly statement spends using your Ashva Credit Card.
- Complimentary Road Side Assistance.
- Discounted rates for Airport Meet and Greet, Concierge services from Visa Infinite.
Reward System:
- 10 reward points for incremental spends above ₹20,000 in a statement cycle and on your birthday and 5 reward points on spends till ₹20,000 in a statement cycle.
- 3 reward points on Education, Wallet Load, Government, Rent and Property Management/Purchase transactions. 1 reward point on utilities and insurance transactions. Spends in these categories will not be considered for 10X monthly milestone.
- Reward points will not be given on spends converted to EMI, Cash Withdrawal, Fuel, Fee and Charges.
Reward Points Value:
- 1 reward point is given for every ₹150 spent in a transaction. Value of 1 reward point is ₹0.25.
- All the rewards points never expire.
Fee Structure:
- Joining Fees: 2999 + GST = 3538.82 with Joining Benefits
- Annual Fees: 2999 + GST = 3538.82 (No Annual Benefits)
- Add on Card charged ( Metal Variant: ₹2000 & Plastic Variant: ₹1500 & Annual Fee: ₹1000 for both variants)
Eligibility:
12 Lakhs annual Income for fresh applications and for existing IDFC Credit Card holders approval based on profile check and it's open to apply. Can be applied from below link.
Ashva Metal Card – Premium Metal Credit Card for Your Lifestyle | IDFC FIRST Bank
Ashva Metal Credit Card is the fusion of tradition and modern luxury. Avail exclusive benefits, premium rewards, & unmatched convenience. Apply Now !
Any user can apply for both the credit cards based on the profile and immediately card details will be displayed on the App and Net banking. I have applied for Mayura card and it's approved. My choice was for BMS BOGO, 0% Forex Markup, Joining Benefits and my love for metal credit cards.
View attachment 65706
Annual Benefit:
Annual benefit for IDFC Mayura Credit Card (Annual Fee Payment Benefit: Spend minimum ₹8Lakhs in the previous card anniversary year and get 7,500 Reward Points (worth₹1875) (Or) Spend minimum ₹15 Lakhs in the previous card anniversary year and get 15,000 Reward Points(worth ₹3750).
Annual benefit for IDFC Ashva Credit Card (Annual Fee Payment Benefit: Spend minimum ₹8 Lakhs in the previous card anniversary year and get 7,500 Reward Points (worth ₹1875).
Overall Verdict:
IDFC launched cards just to fill the void of the paid metal cards in their portfolio. There are no super premium nor premium benefits on these cards, but the name and legacy they used is watchable to promote Indian names. At this price point they have maintained spend base access to Lounges, Golf, Spa etc.. and reward rate is not also good at this price point. Recommended only for Joining benefits.
Their CEO is really a fruitcake
You already have Lions and Eagles in your arsenal.
There is no need for a horse 🐎 and a peacock 🦚 😉
