Diamond Reserve Credit Card Review 2026 — Fees, Rewards & Eligibility
By Credit Card Hunt Editorial Team
Issuer: IDFC FIRST Bank
Network: Visa | Tier: Premium
The Diamond Reserve Credit Card is a Premium Visa credit card issued by IDFC FIRST Bank, best suited for premium customers with high international spending. IDFC FIRST credit card offering rewards, lifestyle benefits and digital convenience. It carries a joining fee of ₹3,000 and an annual fee of ₹3,000 (waived on eligible annual spends of ₹10 lakh), with an interest rate of 8.5% – 46.2% p.a. (0.71% – 3.85% per month); Overdue: 47.88% p.a.. Key benefits include Reward points, Lifestyle offers, Fuel surcharge waiver, and Digital features. Reward earnings work as follows: High accelerated rewards. New cardholders get a welcome benefit of Premium travel & concierge. On fees — Lounge access: Domestic + International lounges; Foreign transaction markup: Nil (no foreign transaction markup); Fuel surcharge: 1% fuel surcharge waiver on transactions ₹200 – ₹5,000 per statement cycle. Applicants typically need invite-only affluent relationship to qualify. It falls under the Premium category on CreditCardHunt.
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Why Choose the Diamond Reserve Credit Card?
The Diamond Reserve Credit Card is a Premium-tier Visa credit card issued by IDFC FIRST Bank, rated 4.1/5 by the Credit Card Hunt editorial team. It is best suited for Premium customers with high international spending. With a reward rate of High accelerated rewards and an annual fee of ₹3,000 (waived on eligible annual spends of ₹10 lakh), it ranks among the popular Premium cards in India in 2026.
New cardholders are welcomed with Premium travel & concierge, which adds immediate value in the first year.
Diamond Reserve Credit Card Fees & Charges
| Annual Fee | ₹3,000 (waived on eligible annual spends of ₹10 lakh) |
|---|---|
| Joining Fee | ₹3,000 |
| Interest Rate | 8.5% – 46.2% p.a. (0.71% – 3.85% per month); Overdue: 47.88% p.a. |
| Foreign Markup | Nil (no foreign transaction markup) |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver on transactions ₹200 – ₹5,000 per statement cycle |
Diamond Reserve Credit Card Rewards & Benefits
| Reward Rate | High accelerated rewards |
|---|---|
| Welcome Bonus | Premium travel & concierge |
| Lounge Access | Domestic + International lounges |
| Best For | Premium customers with high international spending |
Key Highlights of the Diamond Reserve Credit Card
- Reward points
- Lifestyle offers
- Fuel surcharge waiver
- Digital features
Diamond Reserve Credit Card Eligibility Criteria
- Age 18+
- Good credit score
- As per bank eligibility
Minimum Income Required: Invite-only affluent relationship
Advantages of the Diamond Reserve Credit Card
- Competitive benefits — a built-in advantage for cardholders.
- Flexible usage — a genuine plus for anyone eyeing this premium card.
Drawbacks of the Diamond Reserve Credit Card
- Before applying, factor in benefits vary by card variant.
Diamond Reserve Credit Card — Frequently Asked Questions
What is the annual fee of the Diamond Reserve Credit Card?
The Diamond Reserve Credit Card has an annual fee of ₹3,000 (waived on eligible annual spends of ₹10 lakh) and a joining fee of ₹3,000. New cardholders receive Premium travel & concierge as a welcome benefit, which helps offset the joining cost.
Does the Diamond Reserve Credit Card offer airport lounge access?
Yes — the Diamond Reserve Credit Card offers Domestic + International lounges.
Who is eligible for the Diamond Reserve Credit Card?
The minimum income requirement is Invite-only affluent relationship. Banks typically also look for a CIBIL score of 700 or above and a clean repayment history.
What is the reward rate of the Diamond Reserve Credit Card?
The Diamond Reserve Credit Card earns High accelerated rewards. It is best suited for Premium customers with high international spending.
Credit Cards Similar to the Diamond Reserve Credit Card
If you are considering the Diamond Reserve Credit Card, these premium credit cards are worth comparing before you apply:
- HDFC Infinia by HDFC Bank — rated 4.9/5, ₹12,500 + GST annual fee
- Etihad Guest Premium Credit Card by Bank of Baroda — rated 4.7/5, ₹5,000 annual fee
- EazyDiner Signature Credit Card by IndusInd Bank — rated 4.7/5, ₹2,999 annual fee
- Atlas Credit Card by Axis Bank — rated 4.7/5, ₹5,000 annual fee
Official sources for this review
Fees, rules and limits described above are governed by the primary sources below.
- RBI Master Direction — Credit Card and Debit Card Issuance and Conduct Directions, 2022 — Reserve Bank of India
- Department of Financial Services — Banking Division — Ministry of Finance, Government of India
- Consumer Financial Decision-Making research — Wharton School, University of Pennsylvania
- Tax Collected at Source on Liberalised Remittance Scheme transactions — Income Tax Department, Government of India
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Expert Rating: 4.1/5 (Credit Card Hunt editorial score)