IDFC FIRST WOW! Black Credit Card
Fees
1st Year Fee: ₹750* Plus Applicable Taxes
Joining & AnnualReward Rate
Up to 16.7% bonus rewards or value-back on travel booking allocations; features tiered multiplier reward rates across multiple spending categories
Welcome Bonus
N/A
Lounge Access
4 Domestic/yr (₹20K Monthly Spend)
FindMyCard Expert Take
IDFC FIRST WOW! Black is a secured travel card (backed by a fixed deposit) that still delivers real value: up to 16.7% back on travel bookings and zero forex markup are strong numbers for a card aimed at building credit history. The ₹750 first-year fee is a step up from IDFC's fully free secured options, so weigh it against how much you'll actually travel.
Pros & Cons
Key Advantages
- Up to 16.7% value back on travel bookings
- 0% forex markup on international spends
- 25% discount on movie tickets
- A useful option for building or repairing credit history, since it's FD-backed
Limitations
- Requires upfront collateral commitment in an IDFC FIRST Fixed Deposit to back card limits
- Standard joining fee applies, unlike the basic zero-fee unsecured variant cards
- Top travel rewards only apply when booking through IDFC FIRST's own app or channels
Editorial Verdict
The IDFC FIRST WOW! Black Credit Card is ideally suited for travel spends, zero forex markups, and new-to-credit builders. If you want up to 16.7% bonus rewards or value-back on travel booking allocations; features tiered multiplier reward rates across multiple spending categories, this card delivers real value. The 1st year fee: ₹750* plus applicable taxes is easily offset by the card's perks if you use it regularly. You'll generally need New to Credit / Poor Credit History (Accessible via a Fixed Deposit benchmark) credit to be approved.
Key Perks & Spending Milestones
Up to 16.7% maximum value-back rewards accumulated on travel bookings
Absolute 0% Foreign Currency Exchange transaction markup fees layered natively on cross-currency international spends
25% flat discount on movie ticket bookings
Earn baseline rewards on everyday retail spending and routine category card outlays
Points tracked and redeemed through the bank's app
🚀 Milestone Spends Timeline
Spend-based milestone perks and bonus points (specific thresholds not clearly disclosed; confirm with IDFC FIRST)
Fees & Charging Rates
Annual Fee Waivers
1st Year Fee: ₹750* Plus Applicable Taxes
💡 Refer to standard spend-based renewal thresholds outlined by the bank
Regular Interest Charges
Subject to standard IDFC FIRST Bank dynamic secured tier interest architectures
📅 Late Payment Fee Penalty Tiers
Insurance & Protection Benefits
Eligibility Criteria
age
21 to 65 years
employment profiles
Salaried, Self-Employed, or Unemployed — secured card requires an active IDFC FIRST Fixed Deposit as collateral
Compare IDFC FIRST WOW! Black Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| IDFC FIRST WOW! Black Credit Card This Card | 1st Year Fee: ₹750* Plus Applicable Taxes | Up to 16.7% bonus rewards or value-back on travel booking... | 4 Domestic/yr (₹20K Monthly Spend) | 4.0/5 |
| 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 |