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IDFC First Bank Launched its Debit Card Reward System

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The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
New app i shared, here merchant name mcc codes -

"PHONEPE PVT LTD" merchant name also eligible, mcc code 7399 (mostly we get on visa/mastercard dc)
"Phonepe Recharge" - telecom category
"Phonepe Private Limited" - mcc 5399 (General Merchandise)
last 2 merchant name mostly get on RuPay debit card.
however, you will get all merchant names on all card networks.
IDFC DC - all eligible.
other DC - check mcc code eligible or not and pay.
 
New app i shared, here merchant name mcc codes -

"PHONEPE PVT LTD" merchant name also eligible, mcc code 7399 (mostly we get on visa/mastercard dc)
"Phonepe Recharge" - telecom category
"Phonepe Private Limited" - mcc 5399 (General Merchandise)
last 2 merchant name mostly get on RuPay debit card.
however, you will get all merchant names on all card networks.
IDFC DC - all eligible.
other DC - check mcc code eligible or not and pay.
Rbl edc Wil get cashback
 
While the details regarding the IDFC DC rewards are available in the Wiki section, I've put together a quick reference table outlining the same based on spending slabs and the various Savings Account Tiers.

This should be helpful if anyone needs a ready reckoner.

Please review the table and let me know if you have any suggestions for changes or if anything seems inaccurate.

1747038928761.webp
 
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All pending transaction already credited today after 10 am.

Note - BBPS transaction instant settled but sometimes few hours or max 2-3 days delay.


And remember, all apps have pre-funded money. When that gets exhausted, transactions start going into pending. Don't worry, the amount will either be credited after some time or the next day or it will be refunded.

In the case of Axis credit card, there’s usually a 2-3 days delay anyway.
 
While the details regarding the IDFC DC rewards are available in the Wiki section, I've put together a quick reference table outlining the same based on spending slabs and the various Savings Account Tiers.

This should be helpful if anyone needs a ready reckoner.

Please review the table and let me know if you have any suggestions for changes or if anything seems inaccurate.

View attachment 97044
1747043157061.webp
 
Status
The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
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