IDFC FIRST WoW Credit Card Review

The IDFC FIRST WoW Credit Card, a secured credit card backed by a Fixed Deposit, is issued by IDFC Bank and offers numerous features and benefits to cardholders. To get this card, you need to make a Fixed Deposit of at least ₹10,000 with the bank. The FIRST WoW Card stands out because it comes with no joining or renewal fees, making it an ultimate lifetime free card.

One of the most attractive features of the FIRST WoW Card is its zero foreign markup fee, a benefit typically only offered by high-end premium credit cards with significant annual fees. With this feature, you can make international transactions without worrying about additional charges or fees.

Cardholders earn 4 Reward Points for every ₹150 spent on eligible transactions, and these points do not expire, allowing you to accumulate and redeem them anytime for vouchers, deals, and more. Additionally, the card offers flexible and convenient EMI options for purchases over ₹2,500, making it easier to manage larger expenses.

Overall, the FIRST WoW Credit Card is a cost-effective and feature-rich option for those looking to build or improve their credit while enjoying various rewards and benefits.

Overview

Feature	Details
Card Type	Cashback Card
Reward Rate	Up to 5% cashback on selected categories
Reward Value	Direct cashback credited to the account
Annual Fee	None
Unique Selling Points	No annual fees, cashback on everyday spends, fuel surcharge waiver
Rating (out of 5)	4.4

IDFC FIRST WoW Credit Card Welcome Benefits

Welcome Benefit	Details
Welcome Cashback	Up to ₹500 cashback on initial spends

IDFC FIRST WoW Credit Card Charges

Fee Type	Details
Joining Fee	None
Renewal Fee	None
Finance Charges	0.75% per month (9% per annum)
Late Payment Fee	₹100 to ₹1,000 based on the outstanding balance
Foreign Transaction Fee	3.5% + GST
Rent Payment	1% fee using third-party apps like CRED, Paytm
Education	1% fee using third-party apps
Utilities	No additional charges

IDFC FIRST WoW Credit Card Benefits

This card offers various benefits:

• Fuel Surcharge Waiver: 1% fuel surcharge waiver on transactions between ₹200 to ₹5,000.
• Interest-Free Credit: Up to 48 days of interest-free credit from the date of purchase.
• EMI Options: Convert big purchases into easy monthly installments.

Rewards

Spend Category	Reward Rate
Grocery and Dining	Up to 5% cashback
Movie Tickets	Up to 4% cashback
All Other Spends	1.5% cashback
Reward Value	Direct cashback credited to the account
Rewards Expire in	Never

Milestone Benefits

Spending Milestone	Reward Earned
Annual Spend of ₹1,00,000	Additional ₹1,000 cashback

Redemption

Cashback earned is automatically credited to the cardholder’s account and can be used to offset the statement balance.

Gift Vouchers Available

Category	Brands
Shopping	Amazon, Flipkart
Electronics	Croma
Travel	MakeMyTrip, Cleartrip
Dining	Zomato, Swiggy
Entertainment	BookMyShow

Airport Lounge Access

Access Type	Details
Domestic Lounges	Not available
International Lounges	Not available

Forex Markup Fee

Fee Type	Details
Forex Markup Fee	3.5% + GST on all international transactions

Eligibility

To apply for the IDFC FIRST WoW Credit Card, applicants must meet the following criteria:

• Age: 18 to 70 years
• Income: Stable income required
• Documents Required: Aadhar Card, PAN Card, proof of income (latest bank statements/salary slips, ITR), and residence proof.

IDFC FIRST WoW Credit Card Review

The IDFC FIRST WoW Credit Card is an excellent choice for those who value simplicity and rewards in their daily spending. With no annual or joining fees, this card makes managing expenses hassle-free while providing substantial cashback on groceries, dining, and movie tickets. Its unique feature of no expiry on cashback rewards means cardholders can accumulate benefits without the pressure to redeem them quickly. The card’s additional perks, such as a fuel surcharge waiver and EMI conversion options, make it a practical financial tool for everyday use. It’s especially appealing for first-time credit card users and those looking for a straightforward, cost-effective way to manage their finances.

Overall Rating: 4.4

• Benefits: 4.5
• Fees: 5.0
• Customer Service: 4.3

IDFC FIRST WoW Credit Card Pros and Cons

Pros	Cons
No annual or joining fees.	No airport lounge access.
High cashback on everyday categories.	Limited rewards for high-end purchases.
Fuel surcharge waiver.	High foreign transaction fee.

Similar Cards to IDFC FIRST WoW

Feature	IDFC FIRST WoW Credit Card	HDFC Millennia Credit Card	SBI SimplyCLICK Credit Card
Annual Fee	None	₹1,000 + GST	₹499 + GST
Lounge Access	Not available	8 complimentary domestic lounge visits	Not available
Reward Rate	Up to 5% cashback	5% cashback on Amazon, Flipkart, etc.	10X rewards on online spends
Reward Value	Direct cashback credited to account	Cashback credited as statement credit	4 points per ₹100 spent
Special Benefits	No fees, high cashback, fuel surcharge waiver	High rewards on popular online stores	High rewards on online partners

Relevant Links

To help our readers navigate our website and find additional relevant content, here are some internal links you might find useful:

• Best Cashback Credit Cards in India
• How to Maximize Credit Card Rewards
• IDFC FIRST Bank Credit Cards

For more detailed information about IDFC FIRST Bank credit cards and other financial products, you can visit the official IDFC FIRST Bank website.

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