The IDFC FIRST Bank, provides for several unique credit card experiences for users. One such experience is IDFC FIRST Select Credit Card.
This particular credit card allows users to accumulate and redeem points across numerous platforms and provides them with unique experiences, special rewards and offers for using credit cards.
With no expiry on points that are rewards, cardholders can systematically plan their redemptions to ensure that they are able to maximise benefits.
Redemption options
There are multiple channels through which cardholders can redeem their accumulated reward points:
- FIRST rewards portal: During online purchases, the reward points must be redeemed on the FIRST Rewards portal for vouchers or services. They are not provided directly at checkout on most e-commerce platforms. Further, users can also take the benefit of numerous redemption options including but not limited to brands such as Flipkart, Amazon, Myntra among others. This portal also provides for travel bookings, memberships and merchandise as well.
- Flexibility in redemption: IDFC FIRST Bank doesn’t offer direct in-store point redemption. Still, users can redeem points on the FIRST rewards portals for e-vouchers. This can be used for both online and offline shopping at partner brands. For more clarity on this visit the official website of the bank.
Basic understanding of the reward structure
The IDFC FIRST Bank Select Credit Card’s reward system is defined briefly below:
- 3X points: Are made on offline spending of up to ₹20,000 per month.
- 6X points: Are made on online spending up to ₹20,000.
- 10X points: This is granted on incremental spending beyond ₹20,000 along with birthday transactions.
Each reward point simply equates to Rs. 0.25. Also, it is important to remember that these points do not expire, thus ensuring that the user can accumulate them and collect them on a long-term basis.
Note: The details of reward points discussed above are illustrative in nature. For the updated terms, conditions and applicable rates refer to the official website of IDFC FIRST Bank.
What are the redemption charges and exclusions?
Now, when a user redeems points, a nominal fee of Rs. 99 plus GST is put on every transaction. It is important to note that certain transactions such as insurance payments, EMI conversions, fuel purchases on petrol pumps along with ATM withdrawals are excluded from earning reward points.
What are the steps to redeem reward points?
1. Log-in: Enter into the FIRST Rewards portal using your registered mobile number.
2. Check out the options: Go through the available options, redemption choices, including e-commerce vouchers, travel related bookings and merchandise.
3. Carefully redeem after selection: Select your desired reward, add it in your cart, check the items added carefully, proceed to checkout. Once you follow these steps you will see the applicable fee pop out.
4. Final confirmation acknowledgement: A confirmation message with the transaction details will be delivered to your registered email address and mobile number.
Conclusion
For more details on the IDFC FIRST Select Credit Card and its reward program, along with related doubts, applicable processing fees, issues or problems, please visit the official website of IDFC Bank: https://www.idfcfirstbank.com/
By visiting the official website of the bank, you can reach out to the customer support team also and raise your questions and doubts to them. They will help you in getting a smooth and seamless resolution on the same.
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