From Generous to Gone: IDFC FIRST Bank's Debit Card Rewards End January 2026

[TechnoFinoTechnoFino is verified member.]

So, the day has finally arrived.

IDFC FIRST Bank has officially informed customers that effective from 1st January 2026, there will be no more reward points on any debit card spends - whether online, offline, or on any platform.

This update applies across all variants - Wealth, Private, and others.



The email sent by the bank starts with a long explanation, claiming that the move is aimed at "maintaining their offerings."
But let’s be honest - we all saw this coming.

Right from the start, I had mentioned that such a high-reward debit card program was too good to last.
Indian banks have a pattern - they launch a product with unreal benefits to attract users, and once it gains traction, they start cutting back.
A classic example? Axis Bank Magnus - remember how the monthly bonus and other perks were gradually nerfed?

I genuinely wish banks and financial institutions would focus on sustainable reward structures from day one - rather than creating short-lived hype and then disappointing loyal customers later.

 

[RichieRich]

 

[VasukiVasuki is verified member.]

IDFC HAS OFFICIALLY KILLED ITS DEBIT CARD REWARD PROGRAM


We are committed to deliver greater value and a more rewarding banking experience, by updating our offerings to better serve customers who meet specific account requirements.
Effective 1st Jan’26, we are making the following changes to our Savings Account and Debit Card offerings:
1.Changes in First Rewards Program effective 1st Jan’26

•No Welcome Reward Points shall accrue on Debit Card activation and transactions
•No Reward Points accruals on all online and offline Debit Card transactions
•No Accelerated Reward Points on all Debit Card transactions
•We currently offer 250 reward points once per month, per bill payment. Going forward on successful payment, customers can earn 500 points per unique biller, once per month, for up to 3 months.
All accrued reward points earned, can be redeemed anytime through our mobile banking app. There will be no change in the redemption of accrued reward points.
2.Exciting New Benefits and ways to Earn Reward Points

•Exclusive Offers and Limited-Time Promotions: You’ll now enjoy access to specially curated deals and time-sensitive promotions, designed to bring you more value and unique experiences.
•With our exclusive range of Debit Cards, we offer complimentary insurance cover, enhanced withdrawal and purchase limits and offers across dining, shopping and travel.
3.Fair Usage Policy
To promote responsible usage of deposit products and associated services, the Bank will periodically define limits on certain transactions and services. These measures are aimed at safeguarding the banking infrastructure, preventing misuse, and ensuring consistent service quality for all customers. Please click here to know more about the Comprehensive Deposit Policy available on our website.
We are sharing this information with you well in advance to ensure complete transparency and care.

Thank you for choosing to bank with us. We believe that creating a new-age, ethical, customer-friendly, and world-class bank for India is a shared journey, and we truly value your trust and partnership as we move forward together.

 

[pinki]

Merge:::
Thread 'IDFC debit card new changes, no reward points on debit card rxns' https://technofino.in/community/thr...es-no-reward-points-on-debit-card-rxns.45381/

 

[Strange]

IDFC HAS OFFICIALLY KILLED ITS DEBIT CARD REWARD PROGRAM
View attachment 113664

We are committed to deliver greater value and a more rewarding banking experience, by updating our offerings to better serve customers who meet specific account requirements.
Effective 1st Jan’26, we are making the following changes to our Savings Account and Debit Card offerings:
1.Changes in First Rewards Program effective 1st Jan’26

•No Welcome Reward Points shall accrue on Debit Card activation and transactions
•No Reward Points accruals on all online and offline Debit Card transactions
•No Accelerated Reward Points on all Debit Card transactions
•We currently offer 250 reward points once per month, per bill payment. Going forward on successful payment, customers can earn 500 points per unique biller, once per month, for up to 3 months.
All accrued reward points earned, can be redeemed anytime through our mobile banking app. There will be no change in the redemption of accrued reward points.
2.Exciting New Benefits and ways to Earn Reward Points

•Exclusive Offers and Limited-Time Promotions: You’ll now enjoy access to specially curated deals and time-sensitive promotions, designed to bring you more value and unique experiences.
•With our exclusive range of Debit Cards, we offer complimentary insurance cover, enhanced withdrawal and purchase limits and offers across dining, shopping and travel.
3.Fair Usage Policy
To promote responsible usage of deposit products and associated services, the Bank will periodically define limits on certain transactions and services. These measures are aimed at safeguarding the banking infrastructure, preventing misuse, and ensuring consistent service quality for all customers. Please click here to know more about the Comprehensive Deposit Policy available on our website.
We are sharing this information with you well in advance to ensure complete transparency and care.

Thank you for choosing to bank with us. We believe that creating a new-age, ethical, customer-friendly, and world-class bank for India is a shared journey, and we truly value your trust and partnership as we move forward together.

@Abhishek012 your mission is successful.

 

[kuchbhikuchbhi is verified member.]

Happiest person on earth todayyy 😉

@Abhishek012 your mission is successful.

 

[Strange]

View attachment 113661

IDFC ne Itna long paragraphs likha hai jaisa devaluation nahi revaluation hai and use justify 0 fee wali long list bhej ke kar rahe. 🤣🤣

 

[VasukiVasuki is verified member.]

@Abhishek012 your mission is successful.

Not everyone hdfc 😀

 

[Strange]

Not everyone hdfc 😀

Uska bhi antim samay aane wala hai.

 

[kuchbhikuchbhi is verified member.]

One wise person once remarked

"Bhai tumhe ye debit card hi kyu lena hai ye sasta wala lo ATM se paise hi to nikalne hai"

😆

 

[BhaiyaJi]

Thanks IDFC for all the rewards

 

[BhaiyaJi]

Thanks IDFC for all the rewards

 

[kuchbhikuchbhi is verified member.]

 

[VasukiVasuki is verified member.]

Thanks IDFC for all the rewards

Almost
3-4 lakh rs 💀

 

[HumorSimpson]

Now no more reason to hold the account. I can peacefully close it.

 

[hender]

Now no more reason to hold the account. I can peacefully close it.

muje to 1 CR, 1CR wale Pvt A/c holder ki chinta ho rahi hai 😔

 

[HumorSimpson]

muje to 1 CR, 1CR wale Pvt A/c holder ki chinta ho rahi hai 😔

@vaibhav111 holds private account

 

[hender]

@vaibhav111 holds private account

So many people have on TF, they will be more disappointed 😭

 

[TECHXYZ]

Next 1 year will be know as YEAR OF DEVALUATIONS

 

[MADHAN1974]

Thanks to IDFC providing reward points until dec 31 almost i recovered 1 Lakh rupees in last 2 years thats good return i think.