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IDFC First Bank launched its debit card reward system

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IDFC First Bank launched its debit card reward system recently. Now you'll earn reward points for spending money using your IDFC First Bank debit card.
Reward portal link - https://www.firstrewards.com/

Screenshot_20230204_124537_Samsung Internet.jpg

Reward system for IDFC First Bank normal debit card-
2000 welcome reward points on IDFC First normal debit card transaction above Rs. 1000

Online transaction- earn 2 reward points for every Rs. 150 spend
Offline transaction- earn 1 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 150) for every Rs. 150 spent via debit card on incremental spends above Rs. 50,000 in a month.

IDFC First Bank Select debit card reward system-
4000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 3 reward points for every Rs. 150 spend
Offline transaction- earn 2 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 50,000 in a month.

IDFC First Bank Wealth debit card reward system-
8000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 4 reward points for every Rs. 150 spend
Offline transaction- earn 3 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 50,000 in a month.

IDFC First Bank Private debit card reward system-
20,000 welcome reward points on first debit card transaction above Rs. 1000
Online transaction- earn 6 reward points for every Rs. 150 spend
Offline transaction- earn 4 reward point for every Rs. 150 spend
10X reward points (10 reward points per Rs. 100) for every Rs. 100 spent via debit card on incremental spends above Rs. 50,000 in a month.

Exclusions: Payment to Mutual Funds, Insurance, Financial Institutions, Security Brokers, Dealers, Wallet Uploads, Quasi Cash, ATM Withdrawals, Credit Card Payments and Account Transfers transactions are not a part of FIRST Rewards program, Please refer to the TnC page for specific Merchant Codes that are excluded.

1 reward point = Rs. 0.25

Note: You'll earn core reward points depending on your debit card variant, along with the 10X points.

A monthly reward point accrual capping will be applicable based on user’s program membership. (w.e.f. 1st December 2023)

Type of ProgramMonthly Point Capping
General8,000
Select30,000
Wealth50,000
Private5,00,000

How to redeem- You can redeem your reward points against gift vouchers, flight booking, recharge, etc.
Just click on "Redeem" and you'll see all the available options.
Link- https://www.firstrewards.com/user/burn

These are the excluded mcc's. You won't receive any reward points for spending on these categories.

Merchant CodesMerchant Categories
6300INSURANCE SALES AND UNDERWRITING
6012FINANCIAL INSTITUTIONS - MERCHANDISE & SERVICES
6211SECURITY BROKERS/DEALERS
6051QUASI CASH
6540WALLET UPLOAD

Reward Rate:-

IDFC First Bank Normal Debit Card-
Online- 0.33%
Offline- 0.17%
10X category- 1.67%
Incremental spends above Rs. 50,000: Online- 1.67%; Offline- 1.67%

IDFC First Bank Select Debit Card-
Online- 0.50%
Offline- 0.33%
10X category- 2.5%
Incremental spends above Rs. 50,000: Online- 2.5%; Offline- 2.5%

IDFC First Bank Wealth Debit Card-
Online- 0.67%
Offline- 0.50%
10X category- 2.5%
Incremental spends above Rs. 50,000: Online- 2.5%; Offline- 2.5%

IDFC First Bank Private Debit Card-
Online- 1%
Offline- 0.67%
10X category- 2.5%
Incremental spends above Rs. 50,000: Online- 2.5%; Offline- 2.5%

Update on 14th July: IDFC First Bank relaunched its debit card reward system on 14th July, 2023.
We've made the necessary changes in the article.

Update on 22 Dec, 2023: IDFC First Bank updated its debit card reward system on 1st Dec, 2023.
We've made the necessary changes in the article.
 
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Anyone holding select account i want to upgrade select any chance fr blocking points account bcz 30k points per month big threshold amount 🤣 otherwise i stay in 8k bilkul risk nahi leneka... Rest assured me should upgrade or not
Upgraded to FIRST SELECT in 2 days..That was quick
 
Anyone holding select account i want to upgrade select any chance fr blocking points account bcz 30k points per month big threshold amount 🤣 otherwise i stay in 8k bilkul risk nahi leneka... Rest assured me should upgrade or not
Risk to 8k mai Bhi hai..Its not as if you're not using a loophole for ur own gain...Jab aynge .Brabar ki maar pregi..Koi bedhbhav nahi hoga..
 
Ok..Anyone Getting reward Points for txns done on or after 19th May...Update krdena..bhailog
Bro raha kyu nahi jata 14 days uska time hai na... kabii kabhi 14 days se bhi jada lag jata hai...

Aane ko aayega have some patience

Inka system aayesa nhi hai ki jab pay Kiya tabhi aajaye ya aak pay karne pe aaj hi ya kal parso aajye for sure.
 
Bro raha kyu nahi jata 14 days uska time hai na... kabii kabhi 14 days se bhi jada lag jata hai...

Aane ko aayega have some patience

Inka system aayesa nhi hai ki jab pay Kiya tabhi aajaye ya aak pay karne pe aaj hi ya kal parso aajye for sure.
Bhai...Maine ye nhi kha ki abhi point ku ni mile??? .I just asked ki JAB BHI MILEIN...plz yha post krdena...Taki pta lgey ki khi missing na ho gye ho...CHAHE 10 DIN baad miley ya 15 din...

I never pressed the panic button..
 
Bhai...Maine ye nhi kha ki abhi point ku ni mile??? .I just asked ki JAB BHI MILEIN...plz yha post krdena...Taki pta lgey ki khi missing na ho gye ho...CHAHE 10 DIN baad miley ya 15 din...

I never pressed the panic button..
Matter is 19 ko txn aapka alag account aur kisi dusre ka alag account se huwa hoga usme bhi alag alag amount ke liye so, ek hi time mein aayega hi nahi jisse aapko confirmation mil sake ...

Usually jada amount mein jada time leta hai IDFC
 
My debit card transactions are blocked for Unipay since 2 weeks and they haven't resolved it yet!
Any solution? Will replacing dc solve the issue?
 
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