Zero Balance AMB Account from IDFC First Bank, Is It Worth It? Need Advice!

[redcar69]

They don't set Autopay for you. You have to do it yourself. For a safer side, do it for all cards initially then after sometime, as confirmed by many TFians too, you can set off Autopay while enjoying Zero Mab a/c.

Wdym? In this thread the email screenshot says you need Autopay enabled to waive off the AMB right?

 

[saber.mbt]

After Devaluation from Oct 10, Now the question should be, whether it is worth to open a IDFC account😂

 

[Jatayu]

Wdym? In this thread the email screenshot says you need Autopay enabled to waive off the AMB right?

I also got similar mail but still a few months ago in a similar thread, I saw many people sharing their experiences of setting Autopay off still getting the Amb waiver. I have to search it deeply to find those comments or you also can.
Though I didn't try it for my case as my usage of my only Idfc cc Wealth is almost Nil. So Autopay On or Off doesn't matter to me.

 

[Jatayu]

After Devaluation from Oct 10, Now the question should be, whether it is worth to open a IDFC account😂

What further devaluation. Did I miss something ?
Let me search it too

 

[redcar69]

What devaluation? 😕I just opened the account 😞

 

[saber.mbt]

🚨 Devaluation alert: Above changes will come in to effect from 10 Oct 2025

IDFC FIRST Bank did a third update in list of excluded MCC codes in last 1 month, here is the full list 👇🏻

All earned Reward points will reflect and be ready for redemption post 30 working days from the date of transaction.

View attachment 109510

Kindly check this for Devaluation alerts..

 

[Kamma Raghuram]

Guys can someone confirm if I have more than one cc from idfc, will it enable Autopay for all cards or do I get to choose which card to enable Autopay for

I just got this offer and opened 0 balance account with idfc. I am holding IDFC FIRST Select and power plus credit cards. By default auto pay is only set for my IDFC Select credit card and not for power plus. Account is showing as 0 AMB from customer care end.