IDFC First Bank
IDFC FIRST Diamond Reserve Credit Card
Data last verified: 27 October 2026
- Joining fee₹3,000 + GST
- Annual fee₹3,000 + GST
- Reward rate0.5% on most spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹3,000 + GST
- Annual fee₹3,000 + GST
- Fee waiverOn ₹6 lakh spend a year
- Forex markup0%
01IDFC FIRST Diamond Reserve Credit Card Rewards and Benefits
02IDFC FIRST Diamond Reserve Credit Card Annual Fee and Charges
- Joining fee
- ₹3,000 + GST
- Annual fee
- ₹3,000 + GST
- Spend-based waiver
- Annual fee waived on ₹6 lakh spend in a year (rent and wallet loads not counted)
- Rewards redemption fee
- ₹99 per request
- Forex markup
- 0%
- Interest rate
- Not published
- Fuel surcharge waiver
- Yes
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹20,000 on everything else, earning 0.5%₹100
- Back each month, ₹1,200 a year₹100
- Annual fee with 18% GST−₹3,540
- It costs you each year₹2,340
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Good for
- Spending ₹50,000 or more a month: the ₹3,540 fee is waived
- Flyers: 16 airport lounge visits a year
- Spending abroad: 0% markup, most cards add 3.5%
Skip it if…
- you spend less than ₹50,000 a month (₹6,00,000 a year, rent and wallet loads not counted): the ₹3,540 fee is then charged
- most of your spending is fuel or foreign spends: 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 government payments: the card's terms do not state a rate there, so we count nothing
04How IDFC FIRST Diamond Reserve Credit Card earns Rewards
0.5% on most spends.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| Online shopping | 0.5% | No cap | The card's normal rate |
| Dining and food delivery | 0.5% | No cap | The card's normal rate |
| Groceries | 0.5% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.5% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.5% | No cap | The card's normal rate |
| Rent | 0.5% | No cap | The card's normal rate |
| Insurance premiums | 0.5% | No cap | The card's normal rate |
| School and college fees | 0.5% | No cap | The card's normal rate |
| Wallet top-ups | 0.5% | No cap | The card's normal rate |
| Taxes and government payments | Not stated | - | the card's terms state no rate here; many cards pay nothing on these |
| Spend abroad or in a foreign currency | Earns nothing | - | earns nothing on this card |
| Everything else | 0.5% | No cap | The card's normal rate |
Terms on the base rate. 3 RP per ₹150 up to ₹20,000 a month (~0.5%), 10 RP per ₹150 on incremental above ₹20,000 and on birthdays (~1.67%); no reward points on international spends despite the 0% forex
Point value. 1 point is worth about ₹0.25 at the bank's stated value.
05IDFC FIRST Diamond Reserve Credit Card Lounge Access and Travel
Domestic lounge access is 8 visits a year, international is 8 visits a year. Spend Rs 20,000 in the previous month for lounge access. Spending abroad carries a 0% forex markup; rewards on it: earns nothing. See what it costs on your trip
Also on the card. fuel surcharge waiver, golf privileges, airport lounge access, movie ticket offers.
- Fuel surcharge waiver: 1% fuel-surcharge waiver on fuel transactions between ₹200 and ₹5,000, capped at ₹300 per statement cycle
- Golf privileges: Up to 2 golf rounds or lessons a month, unlocked by ₹20,000 of spend in the previous statement cycle
- Airport lounge access: 2 domestic and 2 international lounge visits each quarter (8 + 8 a year), spend-activated on ₹20,000 in the previous month
- Movie ticket offers: Buy-one-get-one-free movie ticket (up to ₹250 off) twice a month via the partner app
06IDFC FIRST Diamond Reserve Credit Card Eligibility and Documents
- Employment
- Salaried or self-employed
Documents. PAN card Aadhaar / address proof Income proof (salary slips or ITR)
07Recent Changes
What IDFC First Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 18 Jun 2026 | Reduced: Earning capped at the credit limit per billing cycleSource: IDFC First Bank | All eligible spend earned points | Only spend up to the assigned credit limit per cycle earns |
| 18 Jun 2026 | Reduced: Movie buy-one-get-one spend-gatedSource: IDFC First Bank | Unconditional, twice a month | Needs ₹20,000 spend in the previous calendar month |
| 6 Jan 2026 | Changed: IDFC FIRST launches the Zero-Forex Diamond ReserveSource: IDFC First Bank | - | - |
See this card's change history → · All card changes in June 2026 →
08Cards Similar to IDFC FIRST Diamond Reserve Credit Card
IDFC FIRST Diamond Reserve Credit Card is a rewards card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | IDFC FIRST Diamond Reserve Credit Card |  Federal Scapia Credit card |  SBI BPCL Credit Card |
|---|---|---|---|
| Joining fee | ₹3,000 + GST | Lifetime free | ₹499 + GST |
| Annual fee | ₹3,000 + GST | Lifetime free | ₹499 + GST |
| Rewards | 0.5% on most spends | 2% on most spends; 4% only at partner merchants | 0.25% base, up to 1.25% on dining; 3.25% only at partner merchants |
| Domestic lounge | 8 visits a year | Unlimited | Not included |
| Forex markup | 0% | 0% | 3.5% |
| Type | Rewards | Travel | Fuel |
09Explore More
Card facts last verified 27 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your IDFC FIRST Diamond Reserve Credit Card Bill
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Common Questions
What is the joining fee for the IDFC FIRST Diamond Reserve Credit Card?
The joining fee is ₹3,000 + GST. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the IDFC FIRST Diamond Reserve Credit Card?
The annual fee is ₹3,000 + GST.
Does the IDFC FIRST Diamond Reserve Credit Card give airport lounge access?
Yes. Domestic lounge access is 8 visits a year, international is 8 visits a year. Check the bank's page for the current rules, because lounge programmes change.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with IDFC First Bank. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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