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IDFC FIRST Bank

IDFC FIRST SWYP Credit Card

Visa

IDFC FIRST SWYP Credit Card

A milestone-driven card, not a per-spend rewards card — built around fee-based EMI conversion and merchant discounts, better suited to occasional big-ticket EMI buyers than everyday reward-chasers.

Rates and fees last verified 15 July 2026.

Annual fee

₹499

Joining fee

₹499

Reward type

points

Base reward rate

0%

Card network

Visa

Card tier

Mid

Benefits by category

  • Fuel

    1% fuel surcharge waiver, up to ₹200/month

  • 🌍 Forex / international spend

    0% forex markup on international transactions

Eligibility

  • Minimum credit score: 700
  • Minimum monthly income: ₹25,000
  • Employment: salaried, self-employed
  • Age: 2160

Benefits

  • 200 reward points on monthly spend over ₹5,000; 500 points total on monthly spend over ₹10,000
  • Up to 20% discount on Domino's, Nykaa, MakeMyTrip, Myntra and more
  • Fee-based (interest-free), no-processing-fee EMI conversion on transactions above ₹2,500
  • 1% fuel surcharge waiver, up to ₹200/month
  • Referral programme unlocking fee waivers, cashback, bonus points, movie discounts and lounge access

Pros

  • + Fee-based (interest-free) EMI conversion on purchases above ₹2,500
  • + Up to 20% off popular online brands
  • + Strong referral programme with real perks

Cons

  • No per-rupee reward rate — only milestone points on monthly spend thresholds
  • Milestone point payout is low relative to spend
  • Second-year annual fee has no clear spend waiver