IDFC First Bank Mayura Super Premium Credit Card & Ashva Premium Credit Card (Both Metal Cards) Launched

[MVC]

Yes. It has been revamped!!

Any idea if Mayura/Ashva reward points value will increase before first year end

 

[Krishna Kumar]

Any idea if Mayura/Ashva reward points value will increase before first year end

Reward point value is common across all IDFC CC and DCs (25 ps per point). It is unlikely they will change that for any particular product.

But expecting a revaluation of Mayura and Ashva. IDFC must do something to prevent mass cancellation of these cards before anniversary.

 

[varun037]

Portal Link ??

FIRST Rewards

www.firstrewards.com

the link to check the rewards without using the IDFC app

 

[Indrajeet100]

Has anyone tried closing Mayura and got any retention benefits? As such card seems good only for international travel for zero forex rates so any case will need to close this before renewal.

 

[BVCBVC is verified member.]

Has anyone tried closing Mayura and got any retention benefits? As such card seems good only for international travel for zero forex rates so any case will need to close this before renewal.

I have tried closing Ashva and they offered only 2000 Bonus points as retention. But I have closed it.

 

[sousnake]

I have tried closing Ashva and they offered only 2000 Bonus points as retention. But I have closed it.

So they are not providing good retention benefit + joining benefit has already been reduced.
I don't think many people will renew this or get new one.

 

[BVCBVC is verified member.]

So they are not providing good retention benefit + joining benefit has already been reduced.
I don't think many people will renew this or get new one.

Let us see for the renewal timeline (August 2025), whether they offer any retention offer.

 

[beast_boy]

4 more months to Go

 

[sousnake]

Is someone really taking these cards now? There joining benefits is reduced as well.

 

[BVCBVC is verified member.]

Is someone really taking these cards now? There joining benefits is reduced as well.

Yes JF reduced. Seems not many.

 

[Adith]

I sooooooo wanna take the mayura seeing how goddamn beautiful it looks and then cancel in first year. But since the joining benefit is also reduced , I'm not able to go forward with my decision.

 

[ashwinikumar900]

I sooooooo wanna take the mayura seeing how goddamn beautiful it looks and then cancel in first year. But since the joining benefit is also reduced , I'm not able to go forward with my decision.

That's why I chose this because of its looks, although I chose the ASHVA card.

 

[sousnake]

I sooooooo wanna take the mayura seeing how goddamn beautiful it looks and then cancel in first year. But since the joining benefit is also reduced , I'm not able to go forward with my decision.

Let's wait till August/Sept this year since many people will cancel their card after first year.
They might give better offers.

 

[Adith]

Let's wait till August/Sept this year since many people will cancel their card after first year.
They might give better offers.

Sure . That sounds like a good plan . Fingers crossed !

 

[Anindya98]

I sooooooo wanna take the mayura seeing how goddamn beautiful it looks and then cancel in first year. But since the joining benefit is also reduced , I'm not able to go forward with my decision.

JF: 7078.82 - 4000(CB) - 1250(WB) = 1828.82(Net Loss)
Even if you use BMS & 0 Forex Charge, you might recover the extra charges.

Let's wait till August/Sept this year since many people will cancel their card after first year.
They might give better offers.

Chances are quite low. They really should’ve revamped the card benefits. Right now, the fees just don’t match what the card offers. The launch offer was the best they had. Without that, the card’s circulation is likely to remain very limited.

 

[Indrajeet100]

As of now this is one card in portfolio with zero spend but want to retain just because of looks best metal card. But will definitely close at renewal. Even premium cards have waiver at 8/ 10lacs annual spend. Somehow IDFC seems to have got credit card strategy all wrong. No incentive for anyone to spend on these.

 

[Anindya98]

As of now this is one card in portfolio with zero spend but want to retain just because of looks best metal card. But will definitely close at renewal. Even premium cards have waiver at 8/ 10lacs annual spend. Somehow IDFC seems to have got credit card strategy all wrong. No incentive for anyone to spend on these.

Plus, the reward rate isn’t that impressive—even if you spend the same amount on another card(Basic cards), you’d end up earning more rewards.

 

[ashwinikumar900]

As of now this is one card in portfolio with zero spend but want to retain just because of looks best metal card. But will definitely close at renewal. Even premium cards have waiver at 8/ 10lacs annual spend. Somehow IDFC seems to have got credit card strategy all wrong. No incentive for anyone to spend on these.

The same reason I hold this product is its aesthetics. The IDFC’s rewards/perks decisions regarding its benefits are irrelevant, as they do not even provide a waiver regardless of the amount spent. Furthermore, its milestone benefits are equally ineffective.

 

[rogerthat]

I must say I've been deriving good value out of the Ashwa card. Have been booking 6 BMS tickets (including the Visa Infinite offer) using it nearly every month now, saving anywhere from Rs.700-1000 on movie tickets a month. I would continue the card if they give a decent enough retention offer.

 

[Anindya98]

I must say I've been deriving good value out of the Ashwa card. Have been booking 6 BMS tickets (including the Visa Infinite offer) using it nearly every month now, saving anywhere from Rs.700-1000 on movie tickets a month. I would continue the card if they give a decent enough retention offer.

One advantage in Ashva is you get the Visa Infinite offer additionally with BMS BOGO. For movie lovers, it makes more sense.