- Joining fee
₹2,999 + GST
- Annual fee
₹2,999 + GST
- Best suited for
Travel, Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
10X Reward Points/₹150 on Incremental Spends Above ₹20,000 Per Statement Cycle. 5X Reward Points/₹150 on Spends Upto ₹20,000. 3X RPs Are Also Awarded for Rent, Wallet Load, Education, and Government Transactions
- Welcome benefits
Up to 7,500 Reward Points
- Reward redemption
Redeem for Vouchers/Cash Against Statement or Pay With Points. 1 RP = ₹0.25
Benefits
- Movie & dining
BOGO on Movie Ticket Bookings Up to ₹400 With District, Twice Each Month (Annual Benefit – ₹9,600) (Benefit Can Be Availed on Spending ₹20,000 in the Previous Month)
- Travel
4 Complimentary Railway Lounge Access Each Quarter, 16 Each Year (For Both Primary and Add-On Cardholders)
- Domestic lounge
4 Complimentary Lounge Access Each Quarter
- International lounge
2 Complimentary Lounge Access Each Quarter
- Golf
2 Free Golf Rounds/Lessons on Spends of ₹20,000 Each in a Statement Cycle
- Insurance
Purchase Protection, Personal Accident Cover, Free Trip Cancellation Protection, Travel Insurance and Credit Shield
Fees & charges
- Rewards redemption fee
₹99 +GST
- Foreign currency markup
1% on International Transactions
- Interest rates
Up to 46.2% Annually
- Fuel surcharge waiver
1% Waiver on Fuel Surcharge Upto ₹300
- Cash advance charges
₹199
Product highlights
- Ashva Credit Card is a rewarding card from IDFC First Bank. It is available in the metal variant.
- Free movie tickets worth ₹400 are offered on bookings made with District by Zomato. This benefit is available twice each month.
- Primary and add-on cardholders are offered free domestic and international airport lounge access with the Ashva Card.
- Spend-based golfing privileges are available with this card.
Pros & cons
Pros
- From domestic airports to international ones and even railway lounges across India, this card offers complimentary lounge access everywhere.
- With so many complimentary services and the added advantage of Visa Infinite, this card comes at an affordable fee of ₹2,999.
Cons
- To fully take advantage of this card, you would need to spend more than ₹20,000 each month. Only when such spending is achieved can you earn 10X Reward Points and get access to free airport lounge visits. So those who can’t accomplish the spend of ₹20,000 month after month cannot fully experience the reward and privileges of this card.
- This card does not offer a spend-based annual fee waiver. Instead, you would need to pay the fee each year. Cardholders won’t be eligible for any renewal benefit also. All they can get is an annual benefit of ₹1,875 on spending ₹8 lakh in a year.
FAQs
Is there any joining fee charged for the Ashva Credit Card?
Yes, the Ashva Credit Card has a joining fee of ₹2,999 + GST (Total ₹3,538). It is considered a mid-range category credit card with reasonable costs and abundant benefits.
How much will I be charged for international transactions with the IDFC Ashva Card?
A 1% Forex markup fee is charged for international transactions made abroad and within India.
If I refuel my vehicle with the Ashva Credit Card, will I get reward points or any surcharge waiver?
No Reward Points will be awarded for fuel transactions. However, cardholders will be eligible for a 1% fuel surcharge waiver for transactions between ₹200 and ₹5,000. A maximum waiver of ₹400 can be given in a statement cycle.