IDFC FIRST EA₹N Credit Card is a secured credit card issued against IDFC First Bank fixed deposit of Rs 5,000 onwards. This credit card offers various cashback benefits and offers including discount on movie tickets, 1,500+ restaurants and EMI options for UPI transactions. The pledged IDFC FIRST Bank FD would continue to earn interest for the cardholders and 100% of the FD amount is offered as credit limit. This credit card against FD also offers personal accident cover, lost card liability and roadside assistance, ensuring comprehensive protection and convenience.
| IDFC FIRST EA₹N Credit Card Highlights | |
| Card Type | Secured Credit Card (Backed by FD) |
| Joining Fee | Rs 499 |
| Annual Fee | Rs 499, from second year onwards |
| Minimum FD Amount | Rs 5,000 |
| FD Interest Rate | 7.25% p.a. |
| Credit Limit | Up to 100% of the FD amount |
| Welcome Benefit | ● 100% cashback of up to Rs 500 on first UPI transaction done within 15 days of card generation
● 5% cashback of up to Rs 1,000 on the transaction value of the first EMI purchase within 30 days of card setup |
| Annual Offer | Get up to 100% cashback annually of up to Rs 200 on first 4 UPI transactions |
| Rewards | Cardholders can get 1% cashback on every spend via the IDFC FIRST Bank mobile app |
| Offers | ● 25% discount on District by Zomato ● 20% discount across 1,500+ restaurants ● Convert UPI transactions of Rs 2,500 or more into easy EMIs |
IDFC FIRST EA₹N Credit Card Welcome Offer – Cashback & EMI
- The credit card offers 100% cashback of up to Rs 500 on the first UPI transaction done within 15 days of card generation
- Cardholders can avail this offer via transacting through IDFC FIRST Bank mobile app within 15 days of digital card generation
- IDFC FIRST Bank claims to credit cash back within 60 days from card creation date
- Welcome Cashback on EMI: The secured credit card also offers 5% cashback of up to Rs 1,000 on the transaction value of the first EMI purchase within 30 days of card generation
- Annual Offer: Cardholders can earn 100% cashback of up to Rs 200 on their first 4 UPI transactions (up to Rs 50 per transaction) through the IDFC FIRST mobile banking app within 15 days of the annual fee being levied.
IDFC FIRST EA₹N Credit Card Rewards – Cashback
- FIRST EA₹N Delights– Cardholders can get 1% cashback on UPI on every spend made through IDFC FIRST Bank mobile app
- 0.5% Cashback is available on UPI spends via other apps and all online spends
- However, the cashbacks are capped at Rs 500 for each statement cycle
- Cash withdrawal and EMI transactions are not included under cashback benefits
IDFC FIRST EA₹N Credit Card Offers
- Movie Offer: 25% discount of up to Rs 100 with District by Zomato. The offer is valid once a month on Paytm mobile app. Cardholder can use Promo Code IDFCCCFM to book movie tickets using IDFC FIRST EA₹N Credit Card
- Dining Offer: 20% discount across 1,500+ restaurants
- EMI Offer: Convert UPI transactions of Rs 2,500 or more into easy EMIs
Other Key Privileges of IDFC FIRST EA₹N Credit Card
- Personal Accident cover of up to Rs 2 lakhs
- Lost Card Liability cover of Rs 25,000
- Credit Shield of up to Rs 50,000 provides coverage for debits incurred on the credit card in the event of the cardholder’s accidental death. This cover applies only to an active card, meaning the cardholder must have completed at least 1 purchase or ATM withdrawal transaction with the IDFC FIRST Bank Credit Card in the past 30 days.
- This credit card against FD also offers 4 complimentary Roadside Assistance (RSA) worth Rs 1,399 in a year, up to 4 times through Global Assure. Cardholders can call the Toll-Free number 1800 572 3860 to avail of this offer. The plan features include the following:
- Towing of Vehicle on breakdown or accident
- Alternate Battery or Jump Start
- Extraction or Removal of vehicle
- Arrangement of spare keys
- Tyre Change
- Breakdown Support
- Taxi Benefit
- Message relay to relatives/colleagues/emergency numbers
- Arrangement of fuel
- Ambulance Referral
- Penalty Clause, in case the service is not as per the agreement.
- Purchase Protection of up to Rs 25,000 covers damage from fire, allied perils, and burglary at the cardholder’s residential premises, as per the Bank’s records. This protection is valid for 60 days from the date of purchase and is applicable only to purchases made with the IDFC FIRST Bank Credit Card. The card must be active, i.e., the cardholder should have completed at least one purchase or ATM withdrawal with the IDFC FIRST Bank Credit Card in the past 30 days.
Fees & Charges of IDFC FIRST EA₹N Credit Card
Finance Charges
| Particulars | Annual | Monthly |
| Purchases, Cash Advances and outstanding balances due (will be charged if payment made is between Minimum Amount Due and Total Amount Due values) | 9% – 43.8% | 0.75% – 3.65% |
| Overdue Interest (will be charged on Non-payment of Minimum Amount Due by the Payment Due Date) | 47.88% | 3.99% |
Other Fees & Charges
| Fee/Charge | Amount |
| Joining Fee | Rs 499 |
| Annual Fee | Rs 499 (from 2nd year onwards) |
| Add-on Card Fee | NIL |
| Transaction fees on Cash Advances | Rs 199 |
| Late Payment Charges | 15% of the total outstanding amount (Minimum – Rs 100; Maximum – Rs 1,300) |
| Reward Redemption Fee | Rs 99 per redemption transaction |
| Overlimit Charges | NIL |
| Card Replacement Fee | Rs 100 |
| Cheque/Cash processing fee | NIL |
| Charge Slip Request | NIL |
| Markup Charges on foreign currency transactions | NIL |
| EMI processing fees | 1% of the transaction value (Minimum Rs 99) |
| Foreign currency transactions mark-up fee | 3.5% of the transaction amount |
| Rent Pay Transactions fee | 1% of the transaction amount (subject to a minimum of Rs. 249 per transaction) |
| Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver on Fuel Transactions value between Rs 200 and Rs 5,000 |
Eligibility Criteria of IDFC FIRST EA₹N Credit Card
- The applicant should be of age 18 years and above
- Applicant should be an Indian resident and have a current and permanent residential address within India
- IDFC FIRST Bank FD of at least Rs 5,000 is required for opening IDFC FIRST EA₹N Credit Card against FD
However, fixed deposit accounts opened by HUFs, partnership firms, society, trust, minors or opened jointly by applicant/s are not eligible for availing FIRST EA₹N Credit Card. Further, this FD backed credit card is not issued against Flexi-Deposits (Auto-sweep Fixed Deposits) and Tax Saver Fixed Deposits.