IDFC

IDFC FIRST Select

4/year domestic lounge · no annual fee · 1.99% forex markup.

Strong for lounge access (4/year) and no annual fee · Weak for high forex (1.99%) and low base rewards (~0.3%)

Good for

  • Fee-sensitive users
  • Airport lounge users

Not ideal for

  • International spenders
  • Rewards-focused users

Spend context

  • Estimated monthly rewards: ~₹130/month (base rewards)
  • Forex cost ~₹1,000 per ₹50k international spend

Approximate, based on base rates and current snapshot.

Annual fee
₹0
No annual fee on file.
Lounge
4/year (domestic)
Domestic lounge available; international details not available.
Forex
1.99%
Limited support — verify with issuer
Reward rate
1 pts/₹100
Below median base earn (0.3% vs ~1%).

Verified with issuer

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Lounge Access

Domestic visits
4/year
International visits
Not included International details not available.

International Use

Forex markup
1.99%

Fees

Annual fee
₹0

Rewards

Points per ₹100
1 pts
Point value
₹0.25
Effective earn
0.3% (at stated point value)

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