IDFC First Bank has revised the terms and features of its credit card.

These changes will take effect on February 20, 2025.

Changes include revision of the Annual Percentage Rate (APR), fuel fee & surcharge waiver, statement & payment due date, education fee payments, railway lounge access, add-on card fee, card replacement fee, and more.

APR is one of the most prominent features of credit cards that determines the cost you need to pay on the outstanding amount if you do not pay back the total due amount by the due date.

Budget with ET Tax calculator UPI-enabled RuPay credit card: Get credit on UPI through FD, cashback offers on UPI transactions Statement & payment due date Statement date for FIRST Millennia, FIRST Wealth, and FIRST SWYP Credit Cards will be 20th of each month, with the payment due date remaining 15 days later.

Education fee payments via third-party platforms Payments for education fees done using third-party platforms like CRED, PayTM, Cheq, MobiKwik, and others will be subject to a 1% fee (minimum Rs 249). Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Payments made directly at the school or college's Point of Sale (POS) machines or via their official website will not be subject to this fee. In accordance with the reward system of your card variation, you will continue to accrue reward points for these payments.

Fuel fee & surcharge waiver Fuel expenditures beyond Rs 30,000 per statement cycle will be subject to a 1% fee. The maximum amount that the Ashva, Mayura, and FIRST Wealth Credit Cards can waive the fuel surcharge is Rs 300. Annual Percentage Rate (APR) revision The APR range will be revised and the new range will be 8.5% p.a. to 46.2% p.a., while overdue interest rate remains at 47.88% p.a. (Not applicable for FIRST SWYP Credit Card). Railway lounge access It is now necessary to spend at least Rs 20,000 each month to qualify for free railway lounge access.

Add-on card fee With the exception of Ashva, Mayura, and FIRST Private Credit Cards, add-on cards issued on or after February 20, 2025, will have a joining and annual cost of Rs 499 + taxes.

Card replacement fee It is increased to Rs 199 + taxes, except for Metal & Digital Credit Cards.

Image personalisation fee Starting on February 20, 2025, new personalized cards will incur an annual cost of ?499 + taxes.

Things to note Changes do not apply to the FIRST Private Credit Card.

GST at 18% will be applicable on fees, interest, and charges.

Merchant Category Codes (MCCs) will determine applicable charges and rewards.