Travel on Points
Lic

LIC Eclat Credit Card by IDBI Bank

  • Joining fee

    Nil

  • Annual fee

    Nil

  • Best suited for

    Shopping

  • Reward type

    Reward Points

Rewards

  • Rewards rate

    4 Delight Points for every ₹100 spent on eligible transactions

  • Welcome benefits

    1,500 Delight Points on spending ₹10,000 within 60 days of card issuance

  • Reward redemption

    1 Delight Point = ₹0.25

Benefits

  • Movie & dining

    BOGO offer on movie tickets via BookMyShow

  • Domestic lounge

    2 airport lounge visits per quarter

  • Insurance

    This card provides personal accident cover and shield protection

Fees & charges

  • Rewards redemption fee

    ₹99 + GST

  • Foreign currency markup

    3.5%

  • Interest rates

    3.4% per month/ 40.8 per annum

  • Fuel surcharge waiver

    A 1% fuel surcharge waiver on fuel transactions of at least ₹400 and no more than ₹5,000.

  • Cash advance charges

    2.5% of transaction fee or ₹500

Product highlights

  • Lifetime-free credit card with no joining and renewal fee.
  • Includes personal accident cover and shield protection for added security.
  • Enjoy BOGO movie ticket offers through BookMyShow.
  • 2 complimentary domestic airport lounge visits per quarter.

Pros & cons

Pros

  • Earn 1,500 Delight Points as welcome benefits.
  • A 1% waiver on fuel transactions between ₹400 and ₹5,000 is also offered.

Cons

  • Forex markup fee is quite high.
  • No benefits are offered on dining and golf.

FAQs

Is there a joining fee for the LIC Eclat Credit Card by IDBI Bank?

No, there is no joining fee for the LIC Eclat Credit Card by IDBI Bank. It is a lifetime-free credit card with no renewal charges as well.

Are there any insurance benefits with the card?

Yes, the LIC Eclat Credit Card by IDBI Bank includes personal accident cover of up to ₹10 lakh in case of accidental death or disability.

Are there any fees for international transactions?

Yes, there is a foreign currency markup fee of 3.5% on international transactions, so be careful when using the card abroad.

Can I redeem my Delight Points for cash?

No, you cannot redeem Delight Points for cash. You can redeem them for merchandise items offered by the bank or for IDBI Bank Gift Cards once you have enough points.