IDFC First Millennia vs IDFC First Classic Credit Card: Which One is Better For You?

IDFC First Bank is a very well-known credit card issuer as it offers great credit card options with affordable annual fees and most of these cards are lifetime free. This is why many people prefer having a credit card from IDFC First Bank and they also get confused between different cards as almost all are lifetime free (except a few). Two such cards by the IDFC First bank are the IDFC First Millennia and IDFC First classic credit card  . Both the cards have a zero annual fee and all their features are also quite the same. If you are thinking of getting one of these cards, you can go through all their features and a detailed comparison between them further in this article. Continue reading for more information

IDFC First Millennia Credit Card

As mentioned earlier, the  card is a zero annual fee card issued by IDFC First Bank. Even though it’s a lifetime free card, you get a welcome gift voucher worth Rs. 500 and a 5% cashback on your first EMI transaction. Talking about its reward rates, you can earn up to 10 Reward Points on every Rs. 150 you spend, and these rewards are redeemable against various options at a decent redemption rate. It doesn’t offer free airport lounge access, but you get complimentary railway lounge access every year, which makes it a good option for those who travel frequently via trains. The following are all its benefits and features in detail:

• As a welcome benefit, you get a gift voucher worth Rs. 500 on spending Rs. 15,000 or more within the first 90 days.
• You also get a 5% cashback on your first EMI transaction made within the first 90 days.
• You get 3x Reward Points on every offline spend of Rs. 150 and 6 Reward Points on online spends.
• Apart from this, you can earn 10x Reward Points on spending Rs. 20,000 or more in a month.
• The earned Reward Points are redeemable against various options at a redemption rate of 1 RP = Re. 0.25.
• You get 16 complimentary railway lounge access every year, i.e. 4 per quarter.
• The card also offers complimentary roadside assistance four times a year worth Rs. 1,399.
• You can also enjoy a 25% discount on movie bookings via Paytm once every month.
• The cardholders can also avail of up to 20% discount on dining across several participating restaurants.
• You get a personal accident cover worth Rs. 2 lakhs and a credit liability cover worth Rs. 25,000.
• You get a 1% fuel surcharge waiver on all fuel transactions. the waiver is capped at Rs. 200 per month.

IDFC First Classic Credit Card

The IDFC First Classic Credit Card is also quite a similar card that is lifetime free and offers various benefits across different categories. It also provides you with a welcome gift voucher worth Rs. 500 and you can also earn a 5% cashback on your first EMI purchase. The card offers you up to 10 Reward Points on every spend of Rs. 150 and the rewards can be redeemed against a number of different options of your choice. Talking about its travel benefits, you get 4 free railway lounge access every quarter. To know all its features in detail, refer to the below-mentioned points:

• You get a gift voucher worth Rs. 500 on spending Rs. 15,000 or more within the first 90 days. You can also earn 5% cashback on your first EMI transaction.
• You get 6x Reward Points for every online spend of Rs. 150 and 3 RPs on offline spends.
• You earn 10x Reward Points on all spends made on your birthday and on all spends after achieving a monthly spend of Rs. 20,000.
• The earned rewards are redeemable against various options, where 1 RP = Re. 0.25.
• The cardholders can enjoy a 25% discount on movie bookings via Paytm once every month and up to a 20% discount on dining across several participating restaurants.
• You get 4 complimentary railway lounge access every quarter, i.e. 16 per year.
• The card comes with a personal accident cover worth Rs. 2 lakhs and a zero credit liability cover worth up to Rs. 25,000.
• You get a 1% fuel surcharge waiver, capped at Rs. 200 per month

Quick Comparison

Let us now compare the IDFC First Millennia and Classic Credit Cards through the following table. It will help you understand the difference better: