FIRST WOW! Black Credit Card
Issuer: IDFC First Bank
Network: Visa | Tier: Mid-Range
FD-backed credit card designed for building credit with guaranteed approval and forex benefits.
Fees & Charges
| Annual Fee | ₹750 |
|---|---|
| Joining Fee | ₹750 |
| Interest Rate | 8.5% – 46.2% p.a. (0.71% – 3.85% per month); Overdue: 47.88% p.a. |
| Foreign Markup | 3.50% on foreign currency / DCC transactions |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver on transactions ₹200 – ₹5,000 per statement cycle |
Rewards & Benefits
| Reward Rate | Base rewards on spends |
|---|---|
| Welcome Bonus | FD-backed onboarding offer |
| Lounge Access | Limited/no lounge access |
| Best For | FD holders seeking premium secured card with added benefits vs FIRST WOW! |
Key Highlights
- FD-backed
- Guaranteed approval
- Zero forex markup
- UPI ready"
Eligibility Criteria
- Age 18+
- Fixed deposit required
Minimum Income Required: FD-backed secured card
Pros
- No income proof needed
- Ideal for new-to-credit users
- Easy approval"
Cons
- Requires fixed deposit
- Lower premium benefits"
Expert Rating: 4.5/5