IDFC first classic credit card & first select credit card

IDFC First bank is one of the top banks in India. It has a range of credit cards with different offers  and benefits for its customers. They have credit cards to cater to various needs and requirements of  the customer. For example, millennia credit cards, wealth credit cards and classic credit cards. IDFC  first bank’s credit cards often come with benefits such as lifetime free credit cards, travel and  entertainment benefits etc. 

Two such credit cards that offer various benefits to the customers are IDFC first classic credit card and IDFC first select credit card. In this blog, we will discuss the differences and similarities  between an IDFC first classic credit card and an IDFC first select credit card. 

Differences between IDFC first classic credit card and IDFC first select credit card

Privileges offered: 

IDFC first classic credit card: 

• You can get a 25% discount on movie tickets up to ₹100 on Paytm mobile app (valid once  per month). 
• Get 4 complimentary Railway lounge visits per quarter. 
• You can get a Fuel surcharge waiver of 1%, at all fuel stations across India, up to  ₹200/month. 
• You can get a Personal Accident Cover of ₹2,00,000 and a Lost Card Liability Cover  of ₹25,000. 

IDFC first select credit card: 

• You can get a ‘Buy one, get one’ offer on movie tickets up to ₹250 on Paytm mobile app (valid  twice per month). 
• You also get 4 complimentary Domestic airport lounge visits per quarter and 4 complimentary  Railway lounge visits per quarter. 
• Fuel surcharge waiver of 1%, at all fuel stations across India, up to ₹300/month.
• You can get a Personal Accident Cover of ₹5,00,000* and a Lost Card Liability

Cover of ₹50,000. 

You also get a comprehensive Travel Insurance Cover of ₹22,500. However, it’s valid to do at  least one transaction on a FIRST Select Credit Card in the last 30 days. 

Forex markup: 

IDFC first classic credit card: 

• The card charges 3.5% for all international transactions.

IDFC first select credit card: 

• The card charges 1.99% on all international transactions. 
• Similarities in IDFC first classic credit card and IDFC first select credit card: Reward points: 

There’s no difference between the reward points benefit offered by both the credit cards. The reward  points offered are given below. 

• 1 reward point equals 25 paise. 
• You can win 10* reward points on incremental spending above Rs.20000 per month and  spending done on your birthday. 
• You can also earn 6* and 3* reward points on online and in-store spending, respectively, on • expenditures of up to Rs. 20000 per month. 

Joining benefits: 

• You can get a voucher worth ₹500 on spending ₹15,000 or more within 90 days of card  issuance. 
• You can also get a 5% cashback (up to ₹1000) on the transaction value of the first EMI  done within 90 days of card generation. 

These offers remain the same for both cards. 

Convenience benefits: 

• You can convert all transactions* above ₹2,500 into easy & convenient EMIs from your  mobile app. 
• You can make instant EMI conversion for all online transactions* above ₹2,500 on the  bank’s OTP page. 
• Enjoy convenient transfer of balances from your other bank credit cards with our balance  transfer privilege. 

These convenience benefits remain the same in the case of both credit cards. 

Annual fees on card: 

Both the cards are lifetime credit cards. So, you don’t have to pay any annual fees on IDFC first  classic card or IDFC first select credit card.

Summing up: 

IDFC is one of the top banks that brings a range of credit cards with various offers to suit their  requirements. After reading this blog, you know the critical differences between IDFC first classic  credit card and IDFC first select credit card. Moreover, we also discussed the various similarities  between the credit cards. 

You can apply for the credit card that fits your requirements after checking their difference. But you  should make sure to check and compare the offers and benefits provided on other credit cards to  make the best choice.

Read Also: How to Get a Good Deal on a Personal Loan