IDFC FIRST Millennia Credit Card

The IDFC FIRST Millennia Credit Card is the perfect companion for millennials and young professionals who want to maximise rewards on their everyday spending without paying a single rupee in fees. As India's most rewarding lifetime-free credit card, it offers an exceptional value proposition through its unique tiered rewards structure—3X points on regular spends and a massive 10X points on incremental purchases above ₹20,000 monthly. Whether you're shopping online, dining at restaurants, booking train journeys, or watching movies, this card ensures every transaction earns you valuable reward points that never expire. With complimentary railway lounge access, exclusive dining and entertainment benefits, and one of the industry's lowest interest rates, it's designed to match the dynamic lifestyle of today's digitally-savvy generation. 

Overview 

Lifetime-Free Advantage: Unlike most rewards credit cards that charge annual fees, the IDFC FIRST Millennia Credit Card comes with absolutely no joining fee, annual fee, or membership charges—ever. This makes it an ideal entry-level card for first-time credit card users and a valuable addition to any wallet. 

Tiered Rewards Structure: The card features an intelligent rewards programme that adapts to your spending patterns. Earn 6X reward points on online transactions and 3X points on offline purchases for spends up to ₹20,000 per month. Once you cross this threshold, the rewards accelerate dramatically to 10X points on all incremental spends, rewarding heavy users generously. 

Birthday Bonanza: Every purchase made on your birthday automatically earns 10X reward points, regardless of your monthly spend level—turning your special day into a rewarding shopping experience. 

Non-Expiring Rewards: Unlike many credit cards where reward points expire after 2-3 years, all reward points earned on the Millennia Credit Card never expire as long as your account remains active. This means you can accumulate points over time and redeem them whenever you choose. 

Railway Lounge Comfort: Access premium railway lounges at major stations across India with 4 complimentary visits per quarter. To unlock this benefit, simply spend ₹20,000 in the previous calendar month. These lounges offer comfortable seating, refreshments, Wi-Fi, and shower facilities—making your train journeys more pleasant. 

Entertainment Savings: Movie enthusiasts can save big with a 25% discount (up to ₹100) on cinema tickets once every month through the District by Zomato app. That's potential savings of up to ₹1,200 annually on entertainment alone. 

Dining Delights: Savour culinary experiences whilst saving money with up to 20% discount at over 1,500 partner restaurants across India. Additionally, enjoy up to 15% off at more than 3,000 health and wellness outlets nationwide. 

Roadside Assistance: Travel with peace of mind knowing you have complimentary 24/7 roadside assistance worth ₹1,399 available up to 4 times per year. This covers emergencies like tyre changes, fuel delivery, towing, and battery jump-starts. 

Low-Cost Borrowing: IDFC FIRST Bank offers one of India's most competitive interest rate structures, with APR starting from just 8.5% per annum—significantly lower than the industry average of 36-42%. This makes carrying a balance more affordable if needed. 

Interest-Free Cash Withdrawals: Unlike most credit cards that charge interest immediately on cash advances, the Millennia Credit Card offers a unique 45-day interest-free period on ATM withdrawals. A one-time fee of ₹199 + GST applies per transaction, but no interest is charged for up to 45 days. 

Easy EMI Conversion: Convert any purchase above ₹2,500 into convenient EMIs directly through the mobile app or instantly at the bank's OTP page during online transactions. This flexibility helps manage larger expenses without straining your monthly budget. 

Insurance Protection: Cardholders benefit from a Personal Accident Cover of ₹2,00,000 and Lost Card Liability Cover of ₹25,000, provided at least one transaction was made in the last 30 days. This protection offers financial security against unforeseen circumstances. 

Flexible Redemption Options: Use your reward points to pay for online or in-store purchases through the 'pay with points' option (1 reward point = ₹0.25), or redeem them for gift vouchers from popular brands like Amazon, Flipkart, Myntra, and BigBasket at idfcfirstrewards.poshvine.com. 

Wide Acceptance: Being a Visa card, it's accepted at millions of merchant locations across India and worldwide, both online and offline, ensuring you can earn rewards wherever you shop. 

Balance Transfer Facility: Transfer outstanding balances from other bank credit cards to your Millennia Credit Card and convert them into easy EMIs with flexible tenures ranging from 3 to 18 months. 

UPI Integration: Link your credit card to UPI-enabled payment apps like Google Pay, PhonePe, and Paytm for just ₹199, making everyday digital transactions even more convenient. 

This card is particularly valuable for individuals who maintain consistent monthly spending, prefer online shopping, travel frequently by train, and want to earn substantial rewards without paying annual fees. 

Rewards and Benefits 

Earning Reward Points 

10X Reward Points on Incremental Spends 

• Earn 10X reward points on all spends above ₹20,000 per calendar month. 

• Applicable across all retail categories including shopping, dining, travel, and utilities. 

• Example: If you spend ₹25,000 in a month, you earn 3X points on the first ₹20,000 and 10X points on the additional ₹5,000. 

• Also applies to all purchases made on your birthday, regardless of monthly spend threshold. 

6X Reward Points on Online Transactions 

• Earn 6X reward points on all online purchases up to ₹20,000 per month. 

• Includes e-commerce platforms, online bill payments, and digital subscriptions. 

• Higher earning rate compared to offline transactions for the same spend level. 

3X Reward Points on Offline Transactions 

• Earn 3X reward points on all offline purchases up to ₹20,000 per month. 

• Applicable at physical retail stores, petrol pumps, restaurants, and POS terminals. 

• Covers all in-store spending across India. 

Reward Points on Special Categories 

• Education transactions (school/college fees, coaching classes) earn 3X reward points. 

• Wallet loads to digital wallets earn 3X reward points. 

• Government service payments earn 3X reward points. 

• Note: These transactions are not counted towards the ₹20,000 threshold for 10X rewards. 

Welcome Benefits 

E-Gift Voucher 

• Receive an e-gift voucher worth ₹500 on spending ₹5,000 within 30 days of card issuance. 

• Voucher typically provided via email within a few working days of meeting the spend criteria. 

• Can be redeemed at partner merchant platforms. 

First EMI Cashback 

• Get 5% cashback (maximum ₹1,000) on your first EMI transaction. 

• Must be done within 30 days of card generation. 

• Cashback credited to your card account after the EMI is processed. 

Travel & Lounge Benefits 

Complimentary Railway Lounge Access 

• 4 complimentary visits per calendar quarter to railway lounges across India. 

• Access granted only if you spend ₹20,000 or more in the previous calendar month. 

• Present your Millennia Credit Card at the lounge reception for entry. 

• Lounges offer comfortable seating, refreshments, Wi-Fi, reading material, and sometimes shower facilities. 

• Available at major railway stations including Delhi, Mumbai, Bangalore, Chennai, and others. 

Complimentary Roadside Assistance 

• 24/7 roadside assistance services worth ₹1,399. 

• Available up to 4 times per year. 

• Covers tyre changes, fuel delivery, battery jump-start, minor repairs, and towing services. 

• Valid across India for emergencies whilst travelling. 

Fuel Benefits 

Fuel Surcharge Waiver 

• 1% surcharge waiver on fuel transactions at all petrol pumps across India. 

• Maximum benefit of ₹200 per month. 

• Applicable on fuel purchases across all brands—Bharat Petroleum, Indian Oil, HP, Shell, Reliance, etc. 

• Note: Reward points are not earned on fuel transactions. 

Entertainment Benefits 

Movie Ticket Discounts 

• 25% discount on movie tickets, up to ₹100 per transaction. 

• Available once per month through the District by Zomato app. 

• Annual savings potential of up to ₹1,200 on cinema tickets. 

• Applicable at participating cinema chains across India. 

Dining Benefits 

Restaurant Discounts 

• Up to 20% discount at over 1,500 partner restaurants across India. 

• Covers a wide range of cuisines and dining experiences. 

• Available year-round with participating merchant partners. 

• Check idfcfirstrewards.poshvine.com for the complete list of partner restaurants. 

Health & Wellness Discounts 

• Up to 15% discount at over 3,000 health and wellness outlets. 

• Includes gyms, spas, salons, pharmacies, and healthcare centres. 

• Helps you maintain a healthy lifestyle whilst saving money. 

Redeeming Reward Points 

Pay with Points 

• Use reward points to instantly pay for online or in-store purchases. 

• Select the 'pay with points' option during checkout on the IDFC FIRST Bank app or website. 

• 1 reward point = ₹0.25 redemption value. 

• Example: 1,000 points = ₹250 towards your purchase. 

Gift Vouchers 

• Redeem points for e-gift vouchers from popular brands. 

• Available brands include Amazon, Flipkart, Myntra, BigBasket, and many more. 

• Access all redemption options at idfcfirstrewards.poshvine.com. 

Reward Points Validity 

• Reward points never expire as long as your credit card account remains active. 

• No pressure to redeem within a specific timeframe. 

• Accumulate points over months or years for larger redemptions. 

Redemption Fee 

• A convenience fee of ₹99 + GST applies per redemption transaction. 

• This fee is charged regardless of the number of points redeemed. 

• Plan your redemptions strategically to minimise fee impact. 

Insurance Benefits 

Personal Accident Cover 

• Coverage of ₹2,00,000 against accidental death or permanent total disability. 

• Valid only if at least one transaction was made on the card in the last 30 days. 

• Automatic coverage with no additional premium required. 

Lost Card Liability Cover 

• Protection up to ₹25,000 against fraudulent transactions if your card is lost or stolen. 

• Coverage begins from the time of loss until you report it to the bank. 

• Valid only if at least one transaction was made in the last 30 days. 

Interest-Free Period 

Up to 45 Days 

• Enjoy up to 45 days of interest-free credit on retail purchases. 

• Calculated from the transaction date to the payment due date. 

• Applicable only if the previous month's outstanding was paid in full by the due date. 

Revolving Credit 

Flexible Payment Option 

• Pay only the Minimum Amount Due (approximately 5% of outstanding) to avoid late fees. 

• Remaining balance carries forward as revolving credit with applicable interest charges. 

• Full flexibility to pay anywhere between the minimum amount and total outstanding. 

Exclusions for Reward Points 

Reward points are not earned on the following transactions: 

• Fuel purchases (though you still get 1% surcharge waiver) 

• EMI transactions 

• Insurance premium payments (capped at maximum 2,000 points per day) 

• Cash withdrawals at ATMs 

• Cash advances 

• Card fees and charges 

• Rental transactions (earn 3X but don't count towards 10X threshold) 

• Property management transactions (earn 3X but don't count towards 10X threshold) 

• Utility bill payments exceeding ₹20,000 per billing cycle (1% monthly charge applies) 

Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice. Please verify all information with IDFC FIRST Bank before applying.