IDFC First Bank launched its debit card reward system

[TechnoFinoTechnoFino is verified member.]

IDFC First Bank launched its debit card reward system recently. Now you'll earn reward points for spending money using your IDFC First Bank debit card.
Reward portal link - https://www.firstrewards.com/



Reward system for IDFC First Bank normal debit card-
2000 welcome reward points on IDFC First normal debit card transaction above Rs. 1000

Online transaction- earn 2 reward points for every Rs. 150 spend
Offline transaction- earn 1 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 150) for every Rs. 150 spent via debit card on incremental spends above Rs. 50,000 in a month.

IDFC First Bank Select debit card reward system-
4000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 3 reward points for every Rs. 150 spend
Offline transaction- earn 2 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 50,000 in a month.

IDFC First Bank Wealth debit card reward system-
8000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 4 reward points for every Rs. 150 spend
Offline transaction- earn 3 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 50,000 in a month.

IDFC First Bank Private debit card reward system-
20,000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 6 reward points for every Rs. 150 spend
Offline transaction- earn 4 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 50,000 in a month.

​

Exclusions: Payment to Mutual Funds, Insurance, Financial Institutions, Security Brokers, Dealers, Wallet Uploads, Quasi Cash, ATM Withdrawals, Credit Card Payments and Account Transfers transactions are not a part of FIRST Rewards program, Please refer to the TnC page for specific Merchant Codes that are excluded.

1 reward point = Rs. 0.25

Note: You'll earn core reward points depending on your debit card variant, along with the 10X points.

A monthly reward point accrual capping will be applicable based on user’s program membership. (w.e.f. 1st December 2023)

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

How to redeem- You can redeem your reward points against gift vouchers, flight booking, recharge, etc.
Just click on "Redeem" and you'll see all the available options.
Link- https://www.firstrewards.com/user/burn

These are the excluded mcc's. You won't receive any reward points for spending on these categories.

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

Reward Rate:-

IDFC First Bank Normal Debit Card-
Online- 0.33%
Offline- 0.17%
10X category- 1.67%
Incremental spends above Rs. 50,000: Online- 1.67%; Offline- 1.67%

IDFC First Bank Select Debit Card-
Online- 0.50%
Offline- 0.33%
10X category- 2.5%
Incremental spends above Rs. 50,000: Online- 2.5%; Offline- 2.5%

IDFC First Bank Wealth Debit Card-
Online- 0.67%
Offline- 0.50%
10X category- 2.5%
Incremental spends above Rs. 50,000: Online- 2.5%; Offline- 2.5%

IDFC First Bank Private Debit Card-
Online- 1%
Offline- 0.67%
10X category- 2.5%
Incremental spends above Rs. 50,000: Online- 2.5%; Offline- 2.5%

Update on 14th July: IDFC First Bank relaunched its debit card reward system on 14th July, 2023.
We've made the necessary changes in the article.

Update on 22 Dec, 2023: IDFC First Bank updated its debit card reward system on 1st Dec, 2023.
We've made the necessary changes in the article.

 

[OneMileAtATime]

For all those who are calling cc👇🏼

Which variant of card is this?

 

[silcc]

Is this applicable for visa classic debit cards? How much time does to take for points to reflect after the transaction?

 

[Chirag19]

@Chaitanya-a mail them at membersupport@firstrewards.com

 

[Jatin1987]

IDFC First Bank launched its debit card reward system recently. Now you'll earn reward points for spending money using your IDFC First Bank debit card.
Reward portal link - https://www.firstrewards.com/

View attachment 9866

Reward system for IDFC First Bank normal debit card-
2000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 2 reward points for every Rs. 100 spend
Offline transaction- earn 1 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 20,000 in a month.

IDFC First Bank Select debit card reward system-
4000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 3 reward points for every Rs. 100 spend
Offline transaction- earn 2 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 1,00,000 in a month.

IDFC First Bank Wealth debit card reward system-
8000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 4 reward points for every Rs. 100 spend
Offline transaction- earn 3 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 1,50,000 in a month.

IDFC First Bank Private debit card reward system-
20,000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 6 reward points for every Rs. 100 spend
Offline transaction- earn 4 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 2,00,000 in a month.

1 reward point = Rs. 0.25

How to redeem- You can redeem your reward points against gift vouchers, flight booking, recharge, etc.
Just click on "Redeem" and you'll see all the available options.
Link- https://www.firstrewards.com/user/burn

Reward Rate:-

IDFC First Bank Normal Debit Card-
Online- 0.50%
Offline- 0.25%
10X category- 2.5%

IDFC First Bank Select Debit Card-
Online- 0.75%
Offline- 0.50%
10X category- 2.5%

IDFC First Bank Wealth Debit Card-
Online- 1%
Offline- 0.75%
10X category- 2.5%

IDFC First Bank Private Debit Card-
Online- 1.5%
Offline- 1%
10X category- 2.5%

what are joining or annual charges for all these debit cards and which idfc is eligible for which debit card

 

[gipvas]

The program is under beta testing and is only based on invites so wait till it actually is launched.

 

[Wanderlust01]

Hi,
I read it that this program is still in the beta phase and not yet fully launched for everyone.

 

[Ashish Jha]

On website it says:

Our FIRST Rewards Program is under beta testing and currently accessible only by invite. Stay tuned to know more.

 

[Tosh]

I never got the invite on mail but can login using my customer ID. I was unable to do that before. back in December it gave me same error as few above have stated - please enter a valid details

Does that mean I am invited/eligible for points?

 

[Jatin1987]

what are joining or annual charges for all these debit cards and which idfc is eligible for which debit card

??????????????

 

[alanabraham]

It's under beta stage and an invite mode currently. When you sign in, you can see the scroll mentioning that message.

 

[jack333]

IDFC First Bank launched its debit card reward system recently. Now you'll earn reward points for spending money using your IDFC First Bank debit card.
Reward portal link - https://www.firstrewards.com/

View attachment 9866

Reward system for IDFC First Bank normal debit card-
2000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 2 reward points for every Rs. 100 spend
Offline transaction- earn 1 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 20,000 in a month.

IDFC First Bank Select debit card reward system-
4000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 3 reward points for every Rs. 100 spend
Offline transaction- earn 2 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 1,00,000 in a month.

IDFC First Bank Wealth debit card reward system-
8000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 4 reward points for every Rs. 100 spend
Offline transaction- earn 3 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 1,50,000 in a month.

IDFC First Bank Private debit card reward system-
20,000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 6 reward points for every Rs. 100 spend
Offline transaction- earn 4 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 2,00,000 in a month.

1 reward point = Rs. 0.25

How to redeem- You can redeem your reward points against gift vouchers, flight booking, recharge, etc.
Just click on "Redeem" and you'll see all the available options.
Link- https://www.firstrewards.com/user/burn

Reward Rate:-

IDFC First Bank Normal Debit Card-
Online- 0.50%
Offline- 0.25%
10X category- 2.5%

IDFC First Bank Select Debit Card-
Online- 0.75%
Offline- 0.50%
10X category- 2.5%

IDFC First Bank Wealth Debit Card-
Online- 1%
Offline- 0.75%
10X category- 2.5%

IDFC First Bank Private Debit Card-
Online- 1.5%
Offline- 1%
10X category- 2.5%

How to get idfc private debit card?

 

[hks789]

How to get idfc private debit card?

Need to get into private banking scheme.
Investments and Initial deposits depend upon your branch.
Some says 25L account opening cheque for private. Connect with nearby branch

 

[OneMileAtATime]

Anyone in the forum got the invite and able to get the rewards for debit card transactions?
Is there any max cap on the rewards as it says 10x above certain spend limit?
Planning to open a wealth account(currently don't have any account with idfc) but will be happy to wait for a confirmation.

 

[jack333]

Has anyone tried idfc debit cards on cheq app for double dip?

 

[jack333]

IDFC First Bank launched its debit card reward system recently. Now you'll earn reward points for spending money using your IDFC First Bank debit card.
Reward portal link - https://www.firstrewards.com/

View attachment 9866

Reward system for IDFC First Bank normal debit card-
2000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 2 reward points for every Rs. 100 spend
Offline transaction- earn 1 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 20,000 in a month.

IDFC First Bank Select debit card reward system-
4000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 3 reward points for every Rs. 100 spend
Offline transaction- earn 2 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 1,00,000 in a month.

IDFC First Bank Wealth debit card reward system-
8000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 4 reward points for every Rs. 100 spend
Offline transaction- earn 3 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 1,50,000 in a month.

IDFC First Bank Private debit card reward system-
20,000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 6 reward points for every Rs. 100 spend
Offline transaction- earn 4 reward point for every Rs. 100 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 2,00,000 in a month.

1 reward point = Rs. 0.25

How to redeem- You can redeem your reward points against gift vouchers, flight booking, recharge, etc.
Just click on "Redeem" and you'll see all the available options.
Link- https://www.firstrewards.com/user/burn

Reward Rate:-

IDFC First Bank Normal Debit Card-
Online- 0.50%
Offline- 0.25%
10X category- 2.5%

IDFC First Bank Select Debit Card-
Online- 0.75%
Offline- 0.50%
10X category- 2.5%

IDFC First Bank Wealth Debit Card-
Online- 1%
Offline- 0.75%
10X category- 2.5%

IDFC First Bank Private Debit Card-
Online- 1.5%
Offline- 1%
10X category- 2.5%

So normal debit card is better than wealth or private as it gives 10X points above 20k

 

[totaldragon]

So normal debit card is better than wealth or private as it gives 10X points above 20k

Yeah lol I had the exact same thought. Is there any capping on reward points which makes restricts it?

 

[totaldragon]

I just clarified everything from first reward customer care number 18005727420

Normal category spend has no limits and you'll get unlimited 0.5% on normal upto 1.5% on private on all online spends including bill payments done anywhere. For 10X category you need to spend on their website only on brands which mention 10x. For that you'll get 5% in normal upto 15% on private. So private is better than normal. But rewards can't be redeemed in cash. We can get amazon voucher.
Now someone has to test whether we'll get rewards on cheq app or wallet loading

Then what is the point of the 20k limit they have mentioned if you are supposed to only buy from their platoform for 10x? And shouldn't you receive that 10x whether you have hit the 20k limit or not?

Also, based on terms and conditions, wallet loading is excluded from the program I think. https://www.firstrewards.com/content/terms-conditions

 

[jack333]

Thats what that guy told me. Maybe you can call on the number for us and ask clarification and also let us know

 

[G0LDENGEART]

I did a transaction on CheQ app with IDFC classic card on 7th March. Not received any rewards yet... waiting..

 

[StanRoute66]

I'm trying to log in from past 1 month, it is saying same: 'Please enter valid details'. Don't know what's the problem with IDFC First bank.