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Is the IDFC FIRST Ashva Credit Card Worth It?

Enter what you spend where this card pays more, and the benefits you would use. See what it is worth to you in rupees, after its fee.

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IDFC FIRST Ashva Credit Card
IDFC FIRST Ashva Credit CardView card →
  • Rewards card
  • ₹3,539 fee a year (with GST)
  • 0.83% on most spends
  • 24 lounge visits a year
  • Pays in reward points
Good for
  • flyers: 24 airport lounge visits a year
  • spending abroad: 0% markup, most cards add 3.5%
Skip it if
  • you spend less than ₹35,500 a month: below that the ₹3,539 fee costs more than the rewards
  • most of your spending is fuel: those earn nothing on this card
  • you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
  • you spend a lot on rent, education, wallet top-ups or government payments: the card's terms do not state a rate there, so we count nothing

Your spend a month, by kind

Terms on the normal rate: 5 RP per ₹150 up to ₹20,000/month (~0.83%), 10 RP per ₹150 on incremental above ₹20,000 (~1.67%), 3 RP per ₹150 on rent/wallet/education/government; points never expire; earns only on spend up to the credit limit per cycle

Total on the card: ₹0 a month

Abroad and benefits

Every rate on this card, and what your spend earns

Earns nothing onFuelEMICash withdrawals

Spend categoryRateMonthly capWhere it appliesYour spend earns
UPI payments (scan and pay)Earns nothing-a Visa or Mastercard card cannot pay by UPI-
Online shopping0.83%No capThe card's normal rate-
Dining and food delivery0.83%No capThe card's normal rate-
Groceries0.83%No capThe card's normal rate-
Travel: flights, hotels, trains0.83%No capThe card's normal rate-
FuelEarns nothing-earns nothing on this card-
Bills and recharges0.83%No capThe card's normal rate-
RentNot stated-the card's terms give it a rate of its own we cannot read as a number-
Insurance premiums0.83%No capThe card's normal rate-
School and college feesNot stated-the card's terms give it a rate of its own we cannot read as a number-
Wallet top-upsNot stated-the card's terms give it a rate of its own we cannot read as a number-
Taxes and government paymentsNot stated-the card's terms give it a rate of its own we cannot read as a number-
Spend abroad or in a foreign currency0.33%No capAll merchants in the categoryTerms: 2 RP per ₹150 on international spends from 26 Oct 2026 (~0.33%; 10X until Jan 2026, 5X until 25 Oct 2026), still counting towards the ₹20,000 10X milestone, with no forex markup per IDFC's KFS dated 15 Sep 2026-
Everything else0.83%No capThe card's normal rate-

Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

Common Questions

When is a credit card worth its annual fee?

When the rewards you actually earn in a year are more than the fee plus 18% GST, or when you spend enough for the bank to waive the fee. This calculator works out both from the card's own published terms.

Why is GST added to the fee?

Card fees carry 18% GST, so a ₹1,000 fee costs ₹1,180. Where the bank already quotes the fee with GST, it is not added twice.

What does 'capped' mean?

Many cards limit the reward you can earn in a month in a category. Spending above the cap earns nothing extra, so the calculator stops counting there.

Is a lifetime free card always better?

Not always. A paid card with higher rewards can leave you with more once you spend enough. The break-even line shows the monthly spend where that starts.

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