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IDFC FIRST Hello Cashback Credit Card
A fixed-deposit-backed cashback card aimed at young, digitally active applicants who may not yet have a credit history, since approval is secured by an IDFC FIRST FD of Rs 10,000 or more. It behaves like an unsecured cashback card day-to-day, with no credit score check for issuance.
Annual fee
₹1,000
Joining fee
₹0
Reward type
cashback
Base reward rate
1%
Card network
Visa
Card tier
Entry
Who this card fits
Best suited to applicants who clear the standard eligibility bar whose spend is concentrated in online shopping, travel. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 1% base rate
Benefits by category
- ✈️ Travel
6% reward rate
- 🛡️ Insurance
24/7 complimentary roadside assistance.
- 🛍️ Shopping
5% reward rate
- ⛽ Fuel
1% fuel surcharge waiver on fuel spends between Rs 200-5,000, capped at Rs 100 per statement cycle.
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- 0
- Employment: salaried, self-employed
- Age: 18–80
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹2,00,000
- Foreign currency markup: 3.5%
- Interest rate: 3% p.a.
Benefits
- Up to 5% cashback on online spends (3% below Rs 10,000/cycle) and up to 6% on travel bookings; 1% on other spends.
- 1% fuel surcharge waiver on fuel spends between Rs 200-5,000, capped at Rs 100 per statement cycle.
- 24/7 complimentary roadside assistance.
Pros
- + No credit score required — FD-secured issuance
- + Strong cashback on online and travel spends
- + Low entry FD requirement of Rs 10,000
Cons
- − Credit limit is capped at 100% of the FD amount
- − Annual fee unless Rs 2 lakh spend threshold is met