IDFC Bank FIRST SWYP Credit Card: All You Need to Know

In the fast-paced world of credit cards, getting the right fit for your needs and lifestyle can make a difference. Be it cashback, reward points, travel benefits or lifestyle privileges, the IDFC Bank FIRST SWYP Credit Card will have a bit of everything.

The IDFC Bank FIRST SWYP Credit Card: The best credit card for those who want to go cashless and with rewards. With unique privileges, benefits and services it serves discerning customers who desire the best in banking services, premium rewards and life-style clientele benefits.

Here, in this detailed guide we will take you through every single detail of IDFC Bank FIRST SWYP Credit Card, its features, benefits, rewards, fees and charges, etc. By the time you finish reading this blog, I’ll have armed you with the perfect set of questions to know if this credit card makes sense for your wallet.

Summary of IDFC Bank FIRST SWYP Credit Card

Features and Benefits of IDFC Bank FIRST SWYP Credit Card

IDFC Bank FIRST SWYP Credit Card is premium card with multiple benefits you can use in your everyday life. From earning great reward points to dining privileges and fuel surcharge waivers, the SWYP card is jam-packed with a host of benefits that make each purchase even more rewarding.

This card is designed by IDFC Bank to cater to the changing requirements of the customers who require versatile and rewarding credit card facility. Online spend, travel perks and lifestyle upgrades: catering to both urban and frequent travellers alike.

Highlights of the IDFC Bank FIRST SWYP Credit Card

Welcome Benefits

• Welcome Vouchers: Cardholders receive welcome vouchers on the acceptance of the IDFC Bank FIRST SWYP Credit Card. The voucher can be used at participating brands and ensure the utmost freedom of choice, with the possibility to pick and select from an assortment of goods and services.

• One Amazon Voucher: To offer cardholders in return is an Amazon voucher worth ₹500 as welcome benefits along with availing which you can go online shopping on the Amazon.

Reward Points System

The IDFC Bank FIRST SWYP Credit Card benefits that you earn on your daily spends with attractive and specially curated rewards programme. Some of the key points regarding reward points:

• 5X Reward Points on Dining: Card members receive 5X reward points while dining. This is great for those who enjoy eating out or ordering food the good ol' classic way from time to time. Whether you are dining in at a restaurant or ordering from a food delivery app, you can earn reward points for your meals.

• 5X Reward Points on Online Shopping: If you are a frequent online shopper, this card gives you 5X reward points for purchases made on online websites. That makes the card great for people that frequently shop online for clothes, electronics, groceries and more.

• 1X Reward Point on All Other Spend: On all other spend like utilities, shopping, and All other spends, card holders earn 1X reward point per ₹100 spent.

• Reward Point Redemption: The reward points earned using the IDFC Bank FIRST SWYP Credit Card can be redeemed in exchange of options such as gift vouchers, air miles, cash back and products available in the rewards catalog. This is handy as you can use your points in a variety of ways.

Fuel Surcharge Waiver

Fuel surcharge waiver is one of the key features of the IDFC Bank FIRST SWYP Credit Card. Cardholders can avail of 1% fuel surcharge reversal, on any fuel purchase between ₹400 and ₹5,000. This means, each time you fill up, you invariably save a wee bit more, which makes it an excellent card for frequent drivers.

• Max Waiver: The max waiver per statement cycle is 100, which is good for someone who drives/fills fuel on regular basis.

Complimentary Lounge Access

• Domestic Airport Lounges: The IDFC Bank FIRST SWYP Credit Card offers domestic airport lounge visits and the cardholders can avail 2 free domestic airport lounge visits in a year. It’s a luxury worth enjoying. A lot of this relaxation occurs in an airport lounge.

• Global Lounge Network: You can also gain access to more than 1,000 lounges around the globe with the LoungeKey program. This benefit can be accessed at airports all over the world, perfect for those who travel often.

24/7 Concierge Service

The IDFC Bank FIRST SWYP Credit Card offers a 24/7 concierge facility. Whether you require help booking tickets, buying a gift, or arranging travel, your concierge is there to make everything a breeze. Cardholders looking for an added level convenience will benefit from this service.

Security Features

• Contactless Payments: With the most advanced payment technology the IDFC Bank FIRST SWYP Credit Card is a contactless card. This means cardholders can make secure payments without ever needing to swipe or dip the card, translating to quicker transactions and less risk of exposure to skimming.

• EMI Conversion: Large purchases can be converted into easy and convenient EMIs. This product offers cardholders increased financial flexibility with the ability to pay for purchases over time.

• Security from Fraud: Comes with zero liability protection against fraudulent purchases if your card is lost or stolen.

Fee Structure

Charges For IDFC Bank FIRST SWYP Credit Card

• Joining Fee: ₹499 (One-time fee)

• Renewal Fee: ₹499 (Reversed upon spending ₹1,00,000 in a membership year)

• Interest Percentage on Revolving Credit: 3.49% pm

• Cash Withdrawal Fee: 2.5% (min. ₹500)

This fee schedule is fairly standard for a rewards card with a hefty menu of benefits and features, and a good pick for consumers who do not want to pay a steep fee for perks and rewards.

IDFC Bank FIRST SWYP Credit Card Eligibility

To be eligible for the credit card you must fulfill the following requirements.

Eligibility Criteria

• Age: The age of the candidate should be 21 to 60 years.

• Income:

  • Salaried: ₹30,000 Net take home.

  • Self-employed: Must have an annual income of ₹4,00,000 or more.

• Credit Score: You must ideally have a very good credit rating of 750 points or higher to get an assured approval.

Why to opt for the IDFC Bank FIRST SWYP Credit Card?

IDFC Bank FIRST SWYP Credit Card comes with an optimum blend of rewards, lifestyle privileges, and all needful features. Whether you are an avid online shopper, a frequent diner or a frequent traveller, this card meets all these requirements with its varied benefits.

Excellent Reward System

If you shop and dine online frequently, with 5X reward points on it, it is a perfect card for you. The 1X points on all other purchases also guarantees that cardholders will earn rewards on any purchase, no matter where they shop.

Premium Lifestyle Benefits

With free airport lounges and concierge assistance, the card is ideal for travelers. These perks add a layer of class to your trip, whether you’re flying for business or pleasure.

Comprehensive Security Features

Enabled with zero liability fraud protection and to convert purchases into EMIs, IDFC Bank FIRST SWYP Credit Card is a safe and convenient means to shop without the fear of unauthorized transactions.

Conclusion

The IDFC Bank FIRST SWYP Credit Card is an all-purpose credit card, suitable for all customers. If you’re a frequent spender, a lover of cuisine, an adventurer, or simply someone who wants a safe way to pay for things, this credit card has you covered. Its full social lifestyle ecosystem, great rewards, and decent fee structure make it one of the nicest credit cards to have in your wallet.

If you’re the type of person who appreciates all the online shopping, dining out, and traveling done on your cards, then the IDFC Bank FIRST SWYP Credit Card could be a great pick when it comes to levels of rewards and perks you can earn.