The IDFC FIRST Bank Ashva Credit Card is a premium metal credit card crafted for individuals who value luxury, travel, and Indian heritage. It combines travel privileges, lifestyle perks, and strong reward benefits with a design inspired by elegance and tradition.
Key Highlights
- Card Type: Metal, Visa Infinite
- Joining Fee: ₹2,999 + GST
- Annual Fee: ₹2,999 + GST (no waiver)
- Best Suited For: Frequent travelers and lifestyle spenders
Features and Benefits
| Category | Description |
|---|---|
| Rewards Program | 10X Reward Points per ₹150 spent on incremental spends above ₹20,000 per cycle; 5X on spends up to ₹20,000; 3X on rent, wallet load, education, and government transactions; 1 RP = ₹0.25 when redeemed |
| Welcome Benefits | 2,500 Reward Points on paying joining fee, 2,500 Points each on spends of ₹20,000 in 2nd and 3rd statement cycle (Total value up to ₹3,000) |
| Travel Perks | 4 complimentary domestic lounge or spa visits and 2 international lounge visits per quarter |
| Golf Privileges | 2 free golf rounds or lessons on monthly spends of ₹20,000 |
| Movie Benefits | Buy 1 Get 1 Free movie ticket twice a month via District by Zomato (max ₹400 per ticket) |
| Forex Markup | Only 1% on international transactions (much lower than average 3%) |
| Fuel Surcharge Waiver | 1% waiver capped at ₹300 per statement |
| Insurance Benefits | Complimentary travel, accident, and purchase protection insurance along with trip cancellation protection worth ₹50,000 twice a year |
| Design Theme | Inspired by India’s regal horse (“Ashva”), symbolizing speed, pride, and power — blending heritage with modern craftsmanship |
Pros and Cons
| Pros | Cons |
|---|---|
| Rare metal card at an affordable fee | Requires ₹20,000+ monthly spend to unlock 10X rewards and lounges |
| Extensive travel and lifestyle benefits | No annual fee waiver feature |
| Low forex markup (1%) and global airport access | Limited reward redemption value (₹0.25/RP) |
Ideal For
The IDFC FIRST Bank Ashva Credit Card is ideal for affluent urban professionals, frequent flyers, or premium lifestyle users seeking travel luxury, a distinctive metal design, and steady rewards at moderate spending levels
In short, the Ashva Credit Card stands out as a symbol of Indian heritage combined with modern luxury, offering exclusive travel experiences, entertainment privileges, and powerful financial benefits wrapped in a sleek metal design.
Rewards & Travel Benefits
The IDFC FIRST Bank Ashva Credit Card stands out through its reward-rich program and extensive travel privileges, positioning it as one of the most travel-friendly metal cards in India. It blends consistent rewards, accelerated earnings, and elite airport access to suit premium travelers.
Rewards Structure
| Spend Category | Reward Points per ₹150 | Notes |
|---|---|---|
| Up to ₹20,000 per month | 5 Points | Base rewards |
| Above ₹20,000 per month | 10 Points | 10X rewards on incremental monthly spends |
| Rent, Education, Wallet Load, Government | 3 Points | Reduced rate; still eligible for rewards |
| Insurance, Utilities | 1 Point | Minimal earn rate |
| Fuel, EMI, Fees, Cash withdrawal | 0 Points | Not eligible for rewards |
| Accelerated Rewards | Up to 60 Points per ₹150 | 50X bonus on hotels, 30X on flights booked via IDFC FIRST app |
| Redemption Value | 1 RP = ₹0.40 (travel), ₹0.25 (others) | Travel bookings through IDFC FIRST mobile app offer higher value |
Key Points:
- Reward points never expire as long as the card remains active.
- Eligible for bonus points up to 15,000/month on travel bookings made through IDFC FIRST Bank mobile app.
- Birthday Spends earn 10X reward points automatically.
Travel Benefits
| Benefit | Description |
|---|---|
| Airport Lounge Access | 4 complimentary domestic lounge or spa visits + 2 international lounge visits per quarter on spending ₹20,000 in the previous month |
| Railway Lounge Access | 4 complimentary visits per quarter for added comfort during train journeys |
| Golf Privileges | 2 complimentary golf rounds or lessons monthly, unlocked on ₹20,000+ spend |
| Trip Cancellation Insurance | Reimbursement up to ₹25,000 for non-refundable bookings |
| Hotel and Airport Privileges | Discounts on airport transfers in 3,000+ cities and access to 900+ luxury hotels globally |
| Concierge Services | Dedicated Visa Infinite concierge for dining, staycations, flights, and experiences |
| Forex Markup | Only 1% on international transactions, among the lowest in premium card range |
Summary of Benefits
The Ashva Credit Card delivers enhanced value for travelers, especially those spending above ₹20,000 monthly. With 10X rewards on high spends, accelerated returns on hotel and flight bookings, and elite global access privileges, it rivals high-tier cards at an affordable ₹2,999 annual fee.AU Bank SPONT Credit Card
This makes it a perfect fit for frequent flyers and lifestyle enthusiasts seeking premium travel comfort and consistent value returns from everyday expenses.
Other Features & Benefits
- Metal Design: Premium 12g metal card inspired by the power of the horse “Ashva,” symbolizing pride and speed .
- Welcome Benefits: 2,500 Reward Points on joining + extra 5,000 Points on early spends (worth up to ₹3,000).
- Concierge Service: 24×7 Visa Infinite concierge for global assistance, bookings, and reservations .
- Movie Offer: Buy 1 Get 1 Free movie ticket twice a month via District by Zomato (₹400 max/ticket).
- Golf Privilege: 2 complimentary golf rounds or lessons every month on ₹20,000 spend.
- Fuel Surcharge Waiver: 1% waiver up to ₹400 per statement.
- Insurance Protection: ₹1 crore air accident cover, ₹10 lakh personal accident cover, ₹50,000 lost card liability, trip cancellation up to ₹25,000
- Forex Markup: Only 1% on international spends, ideal for frequent travelers.
- Lounge Access: 4 domestic & 2 international lounge visits each quarter.
- Reward Validity: Points never expire as long as the card is active.
In essence: Ashva is a premium lifestyle metal card blending luxury, insurance, global access, and consistent rewards, ideal for professionals spending ₹20,000+ monthly.
Things to Know Before You Apply
- Joining Fee: ₹2,999 + GST (mandatory upfront payment after approval)
- Annual Fee: ₹2,999 + GST (no spend-based waiver)
- Eligibility:
- Age: 21–65 years
- Income: ₹12 lakh per annum or higher
- Occupation: Salaried or self-employed
- Card Type: Metal, Visa Infinite variant
- Minimum Spend Requirement: ₹20,000/month to unlock 10X Rewards, lounges, and golf benefits
- Reward Expiry: Never expires while card remains active
- Welcome Offer: Earn up to 7,500 points worth ₹3,000 on early spends
- Interest Rate: Up to 46.2% annually; standard late fee and cash advance charges apply.
- Cash Withdrawals: Allowed with a flat fee of ₹199 per transaction.
- No Annual Fee Waiver: Cardholders must pay the fee every year regardless of usage.