IDFC FIRST Bank Zero-Forex Diamond Reserve Credit Card: Features, benefits & how to apply

IDFC FIRST Bank has launched the Zero-Forex Diamond Reserve Credit Card, a premium travel and lifestyle offering designed for affluent global travellers. The card brings together zero foreign exchange markup, accelerated travel rewards, exclusive airport lounges, and curated lifestyle privileges, making it a compelling proposition for frequent international flyers.

Key travel & lifestyle benefits

• 0% forex markup on all international spends

• Up to 10% value back on hotel bookings: Earn up to 60 Reward Points per ₹150 spent via the app (₹15 back per ₹150)

• Up to 6.6% value back on flight bookings: Earn up to 40 Reward Points per ₹150 spent (₹10 back per ₹150)

• 1.66% value back on regular spends: Earn up to 10 Reward Points per ₹150 spent

• Lounge access: 2 domestic and 2 international lounge visits per quarter

• Golf privileges: Up to 2 complimentary golf rounds or lessons per month

• Airport Meet & Greet service: One complimentary service on annual spends of USD 1,000

• Entertainment & hospitality benefits: Buy-One-Get-One movie tickets every month and ITC Hotels’ offer of book 2 nights, get the 3rd night free

• Travel protection: Free trip cancellation cover of ₹25,000, lost baggage and flight delay insurance, air accident cover of ₹1 crore, and personal accident cover of ₹10 lakh

Additional IDFC FIRST Credit Card advantages

• Dynamic interest rates starting at 8.5% p.a., among the lowest in the segment

• 0% interest on ATM cash withdrawals globally until the payment due date (₹199 per withdrawal)

• Lifetime validity of reward points with no expiry

• Flexible redemption across any e-commerce or online purchase

• Unlimited reward earning with no caps

• Up to 10X reward points on spends above ₹20,000 per billing cycle

• Fuel surcharge waiver at select fuel stations

Priced at ₹3,000 + GST, the Diamond Reserve Credit Card offers an annual fee waiver on ₹6 lakh spends, making it effectively free from the second year onwards.

How to apply

The Diamond Reserve Credit Card is now available for eligible customers and can be applied for digitally through the IDFC FIRST Bank website or mobile app.