IDFC FIRST Ashva Credit Card
Fees
1st Year Fee: ₹2,999* Plus Applicable Taxes
Joining & AnnualReward Rate
Up to 10X rewards on every spend
Welcome Bonus
N/A
Lounge Access
16 Domestic + 8 International/yr (₹20K Spend)
FindMyCard Expert Take
IDFC FIRST Ashva keeps things simple: up to 10X rewards on everyday spends, a 1% forex markup that's competitive for a card at this fee level, and 16 domestic lounge visits a year. There's no disclosed joining bonus, so the value here is entirely in the ongoing reward rate and lounge access.
Pros & Cons
Key Advantages
- High-frequency reward potential offering up to 10X reward multipliers on everyday spends
- Highly competitive, low foreign exchange markup fee optimized at just 1%
- Generous domestic travel integration providing up to 16 complimentary lounge visits per year
Limitations
- Upfront joining and annual fee barrier of ₹2,999
- Value yield is mostly optimized around domestic lounge networks over international variants
Editorial Verdict
The IDFC FIRST Ashva Credit Card is ideally suited for premium multi-category rewards, low foreign exchange markups, and domestic lounge access. If you want up to 10x rewards on every spend, this card delivers real value. The 1st year fee: ₹2,999* plus applicable taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good to Excellent (750+) credit to be approved.
Key Perks & Spending Milestones
Up to 10X reward points generated on matching everyday card retail outlays
Highly competitive low foreign currency exchange markup handling fee ceiling locked at 1% for cross-currency international spends
Up to 16 complimentary domestic airport lounge terminal access visits per year across India
Includes additional premium lifestyle category perks spanning travel, movies, and rewards
🚀 Milestone Spends Timeline
Unlock spend-based point boosts, tiered premium category tracking, and seasonal travel program expansions upon hitting targeted annual milestones
Fees & Charging Rates
Annual Fee Waivers
1st Year Fee: ₹2,999* Plus Applicable Taxes
💡 Refer to bank guidelines for standard spend-based renewal thresholds
Regular Interest Charges
Subject to standard IDFC FIRST Bank premium tier dynamic interest rate structures
📅 Late Payment Fee Penalty Tiers
Insurance & Protection Benefits
Eligibility Criteria
age
21 to 65 years
employment profiles
Salaried and Self-Employed Profiles
Compare IDFC FIRST Ashva Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| IDFC FIRST Ashva Credit Card This Card | 1st Year Fee: ₹2,999* Plus Applicable Taxes | Up to 10X rewards on every spend | 16 Domestic + 8 International/yr (₹20K Spend) | 3.5/5 |
| HDFC Infinia Credit Card Metal Edition | ₹12,500 + Taxes | 5 reward points per ₹150; up to 10X on SmartBuy flight/hotel bookings | Unlimited Domestic + International | 4.9/5 |
| Axis Bank ATLAS Credit Card | ₹5,000 + Taxes | 5 EDGE Miles per ₹100 on travel; 2 EDGE Miles per ₹100 on general spends | 8 Domestic + 4 International/yr | 4.8/5 |
| Axis Bank Burgundy Private Credit Card | ₹50,000 + Taxes | 15 EDGE Reward points per ₹200 spent on retail and international... | Unlimited Domestic + International | 4.8/5 |