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IDFC FIRST Bank

IDFC FIRST Millennia

Visa · RuPay

IDFC FIRST Millennia

IDFC FIRST Bank · Visa · RuPay

Quick answer

IDFC FIRST Millennia by IDFC FIRST Bank has an annual fee of zero (lifetime free) and APR of 42%. Best for first-card and no-annual-fee. Pay the full bill every month — carried balances cost far more than any reward.

Rates verified 15 Jun 2026Apply on IDFC FIRST Bank

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Joining fee

Free

Annual fee

Free

Forex markup

4%

APR

42%/yr

Fee waiver: Lifetime free — no annual fee

What you earn

  • 3%Up to 10X points on incremental & online spends
  • 1%on bills spends

Welcome: ₹500 voucher on ₹5,000 spend in first 30 days

Lounge access

4 domestic visits/year

Who it's for

Minimum income ₹20,000/month · credit score 700+. For salaried, self-employed.

What's great

  • Lifetime free with lounge access
  • Never-expiring reward points
  • Low income bar

Watch out for

  • Best rewards need higher spends
  • Points redemption value varies

Compare head-to-head

One honest reminder: a card is only worth it if you clear the full bill every month. At 42% a year, carried balances cost far more than any reward here is worth.