- Joining fee
₹750 + GST
- Annual fee
₹750 + GST
- Best suited for
Travel, Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
4 RPs/₹150 Spent Online/Offline. 1 RP/₹150 Spent on Insurance and Utility Payments. Up to 3 RPs/₹150 Spent via UPI
- Welcome benefits
Discounts, Complimentary Memberships, Cashback, and More Worth Over ₹5,000
- Reward redemption
1 RP = ₹0.50 for Travel Bookings, ₹0.25 Everywhere Else
Benefits
- Movie & dining
25% Off Up to ₹100 on Movie Ticket Bookings Via District by Zomato (Benefit Can Be Availed on Spending ₹20,000 in the Previous Month)
- Travel
Trip Cancellation Cover Up to ₹10,000 Each Year
- Domestic lounge
4 Free Visits Each Year, Max One Every Quarter. Unlock by Spending ₹20,000 in the Previous Month
- Insurance
Personal Accident Cover Up to ₹2 Lakh
Fees & charges
- Spend-based waiver
Annual Charges Waived on Spends of ₹1.5 Lakhs
- Rewards redemption fee
Rs. 99 + GST
- Foreign currency markup
0%
- Interest rates
Monthly Rate – 3.99% | Annual Rate – 47.88%
- Fuel surcharge waiver
1% Fuel Surcharge Waiver on Fuel Transactions Between ₹200 and ₹5,000
- Cash advance charges
0% for Up to 45 Days
Product highlights
- The IDFC WOW! Black Credit Card is a first-of-its-kind premium secured credit card.
- Those who opt for this card shall also get a complimentary virtual UPI credit card.
- The WOW! Black Credit Card has a joining and annual charge of ₹750 + GST. Cardholders shall receive benefits worth over ₹5,000 on payment of joining charges, while the yearly charge can be avoided by spending ₹1.5 lakh or more in a year.
- From free airport lounge access to trip cancellation coverage, this card offers several benefits for travelers.
- Cardholders can also earn bonus reward points for hotel and flight bookings made via IDFC’s Rewards portal.
Pros & cons
Pros
- This card offers plenty of travel benefits, from zero foreign exchange charges for international spends to free airport lounge access. Hence, it could be the go-to choice for those applying for their first credit card, as usually secured cards do not offer such benefits.
Cons
- While this card has no foreign exchange markup fees, it would be even more beneficial if it provided access to international airport lounges, enhancing its value for travelers.
FAQs
How much extra would I pay for international transactions with the IDFC WOW! Black Credit Card?
Since this card has zero forex charges, cardholders do not need to pay extra for transactions abroad or for international transactions made from India.
What should I do if I have questions about using my card while I am abroad?
You can contact IDFC customer support at +91 22 6248 5152 while traveling internationally.