Visa ★ Metal Edition 📡 Contactless NFC

IDFC FIRST Ashva Credit Card

Joining Fee₹2,999

Annual Fee₹2,999

Forex Markup 1%

Application ModeDirect via Bank Website

⚖️ Card Verdict & Target Persona

Who Should Apply

Frequent travelers and luxury spenders seeking metal card design, low 1.0% forex markup, never-expiring reward points, and global lounge visits.

Who Should Avoid

Users who prefer direct cashback over point redemption or spend under ₹20,000/month.

🎁 Key Features & Highlights

🎉

Joining & Activation Welcome Gift

Gift voucher worth ₹2,500 across leading brands + 100% cashback up to ₹500 on first transaction in 30 days

Low 1% Forex Markup

Low foreign currency markup fee of 1.0% on international online and POS transactions worldwide.

Domestic & International Airport Lounge Access

8 complimentary domestic (max 2/quarter on min ₹20k monthly spend) + 4 international lounge visits per year via DreamFolks.

Up to 10X Never-Expiring Rewards

Earn up to 10X Reward Points (3.33% return) on incremental monthly spends above ₹20,000 with never-expiring points.

💰 Reward Structure & Point Valuation

1 Reward Points = ₹0.25

Standard Base Earning

3 Reward Points per ₹150 spent on regular offline retail up to ₹20,000 (0.50% return; 1 RP = ₹0.25)

Accelerated / Partner Rate

10X Reward Points (10 points per ₹150, 1.67% return) on incremental monthly spends above ₹20,000; 10X points on birthday spends; 6X points on online shopping up to ₹20,000; Buy 1 Get 1 free on movie tickets via District by Zomato (up to ₹400 off/ticket twice a month, saving ₹800/mo)

Points Validity:Never Expire

Redemption Fee: ₹99 + GST / cycle

Redemption Modes: Instant Point Checkout at 100+ Online Merchants (1 RP = ₹0.25), IDFC FIRST Rewards Portal (Flight & Hotel Bookings at 1 RP = ₹0.25), Brand Gift Vouchers & Products

🚫 No Reward Points / Cashback on:

Fuel Wallet Loads Rent Payments Government Transactions Cash Advances EMI

🛋️ Airport Lounge Access & Spend Criteria

✓ Lounge Access Active

🛫

Domestic Lounge Visits8 complimentary domestic airport lounge visits per calendar year (max 2 per quarter)

🌐

International Lounge Visits4 complimentary international airport lounge visits per calendar year via DreamFolks

⚠️

Spend Criteria: Requires minimum retail spend of ₹20,000 in the previous calendar month

⚡ Spend Milestones & Special Perks

Annual Fee Waiver ₹300,000/yr

Annual renewal fee of ₹2,999 + GST is waived off on spending ₹3,00,000 or more in the previous anniversary year; otherwise 7,500 bonus points credited on fee payment

UPI Payments Support✗ Not Supported

UPI not supported on Visa metal network

Fuel Surcharge Waiver1% Surcharge Waived

1% fuel surcharge waiver for transactions between ₹400 and ₹5,000 (Capped at ₹400/mo)

📋 Eligibility Criteria

✓ Official Criteria

Age Limit21 - 65 Years

Min. Monthly Income₹100,000

Min. Credit Score750 CRIF

Employment TypeSalaried / Self-Employed

📊 Interest Rates & Charges

Finance Charges (Interest Rate / APR):0.75% to 3.75% per month (9.0% to 45.0% per annum dynamic APR)

Late Payment Penalties:Late payment charges slab-based up to ₹1,250

Official Bank Portal Application

Get the IDFC FIRST Ashva Credit Card

Annual Fee: ₹2,999/yr (Waivable)

Personalized Card Matcher

Still Confused About Your Best Match?

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Frequently Asked Questions

No, IDFC FIRST Ashva Credit Card has a joining fee of ₹2999 and an annual renewal fee of ₹2999 (plus applicable taxes).