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IDFC FIRST Bank
IDFC FIRST LIC Select Credit Card
Visa
IDFC FIRST LIC Select Credit Card
A genuinely lifetime-free, LIC-branded co-brand card offering accelerated rewards on LIC premium payments alongside everyday groceries/utilities multipliers and a respectable lounge allowance for a zero-fee product.
Rates and fees last verified 14 September 2026.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
1%
Card network
Visa
Card tier
Entry
Reward rates by category
- Groceries5%
- Utilities5%
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹25,000
- Employment: salaried, self-employed
- Age: 21–60
Benefits
- 10X reward points on LIC insurance premium payments made via the official LIC website
- Up to 8 complimentary domestic airport lounge visits per year (on ₹20,000+ spend in the previous month), plus 4 railway lounge visits per quarter
- ₹5 lakh personal accident cover and ₹50,000 lost card liability cover, active on 1+ transaction in the last 30 days
- 1% fuel surcharge waiver, capped at ₹200/month
- Welcome benefits worth ₹3,000
Pros
- + Genuinely lifetime free — no joining or annual fee
- + Strong reward rate on LIC insurance premium payments
- + Decent lounge access for a free card
Cons
- − Higher forex markup (3.5%) than IDFC's flagship cards
- − Most benefits gated behind ₹20,000 monthly spend
- − Best value concentrated around LIC premium payments
Applying takes you to IDFC FIRST Bank's site. We may earn a commission if you're approved — see our disclaimer. Final terms and approval are solely at the issuer's discretion.