The IndiGo IDFC FIRST Dual Credit Card is designed as a versatile travel credit card offering both unsecured and secured variants, built to enhance the travel experience while rewarding users generously, especially on IndiGo flight bookings. Here are the in-depth details covering key aspects of this card:
Card Variants and Fees
- Unsecured Variant:
- Joining fee: Rs. 4,999 plus applicable GST.
- Annual fee: Rs. 4,999 plus GST.
- Secured FD-backed Variant:
- No joining fee or annual fee.
- Requires a fixed deposit (FD) of at least Rs. 1 lakh with IDFC FIRST Bank.
- FD amount acts as collateral and credit limit.
Card Features
- Dual Card Setup:
- Cardholder receives two physical cards—one Rupay and one Mastercard—under a single credit limit.
- Mastercard is globally accepted; Rupay enables digital payments including UPI transactions.
- Single Billing and Reward Pool:
- Both cards share a common credit limit.
- Rewards earned on either card are pooled.
Reward Structure (IndiGo BluChips)
- Earn up to 22 IndiGo BluChips for every Rs. 100 spent on IndiGo flights.
- General spends earn 4-8 BluChips per Rs. 100, depending on category.
- Accelerated rewards on selected categories like IndiGo bookings, dining, and fuel.
- Welcome gift of 5,000 IndiGo BluChips on card activation with joining fee payment or FD linkage.
- Milestone bonuses at yearly spends of Rs. 2 lakh, 5 lakh, 8 lakh, 10 lakh, and 12 lakh:
- For example, Rs. 2 lakh spend gives 8,000 BluChips.
- Higher spends yield increased bonus BluChips rewards.
- Bonus of 3,000 BluChips if Rs. 1 lakh is spent within initial 90 days.
Travel Benefits and Insurance
- Complimentary travel insurance covering:
- Trip cancellation cover up to Rs. 25,000, twice a year.
- Lost baggage protection.
- Personal accident insurance.
- Access to IndiGo benefits, such as priority check-in and dedicated customer service.
- Free meal voucher on IndiGo flights with specific conditions.
- EazyDiner Prime membership for 3 months at no extra cost, offering dining discounts.
- Hotel stay vouchers worth Rs. 3,000 as part of activation benefits.
Eligibility and Application
- The unsecured card requires a good credit score and income proof.
- The secured card is ideal for first-time credit users or those rebuilding credit, as it uses the FD as collateral.
- Minimal documentation is needed for FD-backed card, mainly KYC and FD proof.
- Application can be done online through IDFC FIRST Bank’s official website or through partner financial platforms.
Fees and Charges
- Foreign exchange markup fee of 1.49%, lower than many competitors.
- Interest rates and other fees are competitive, with specifics typically shared at application or in the product guide.
- Late payment fees apply as per standard credit card terms.
- Cashback and reward redemption options exclusively focused on IndiGo flight bookings and services.
Card Usage
- The Rupay card is suitable for domestic payments and UPI transactions.
- The Mastercard variant enables international transactions and widespread merchant acceptance.
- Cardholders receive detailed monthly statements consolidating all transactions.
Suitable For:
- Frequent flyers who prefer IndiGo as their airline.
- Customers looking for a credit card with flexible payment networks.
- Individuals who want travel insurance benefits bundled with rewards.
- Credit newcomers or cautious spenders opting for secured credit limit management.
Given this detailed overview, the IndiGo IDFC FIRST Dual Credit Card stands out for its dual card feature, strong airline-related rewards, flexible payment options, and assurance of travel-related benefits. The secured FD-backed variant especially provides an accessible entry into credit cards with safety for the bank and a credit-building tool for the user.