Ashva Credit Card
A ₹2,999 metal card with no forex markup: 5 points per ₹150 on the first ₹20,000 of a statement cycle and 10 above it, 3 on rent, government, wallet and education, 1 on bills, insurance and rail (1 point = ₹0.25), with 4 domestic and 2 international lounge visits a quarter. Every figure below is copied from IDFC FIRST Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹2,999 plus GST Product page |
|---|---|
| Annual fee | ₹2,999 plus GST Product page |
| Annual fee waiver | None on record |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | None (0%) Product page |
| The joining fee is paid upfront before the metal card is sent. There is no spend-based waiver; the annual fee instead earns 7,500 points after ₹8 lakh of spend in the previous card year. | |
| Reward redemption fee | ₹99 plus GST MITC |
Rewards
Reward points, ₹0.25 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| 2 points per ₹150 on international spends (5 until 25 Oct 2026); they count towards the ₹20,000 for 10X | 2 points per ₹150 Product page | no cap on record |
| 3 points per ₹150 on rent, government, wallet loads and education | 3 points per ₹150 Terms | no cap on record |
| 1 point per ₹150 on FASTag, railways, insurance and utilities | 1 point per ₹150 Terms | no cap on record |
| 5 points per ₹150 on other spends up to ₹20,000 a statement cycle (10 per ₹150 above that, not modelled) | 5 points per ₹150 Terms | no cap on record |
Other spends earn 5 points per ₹150 on the first ₹20,000 of a statement cycle and 10 per ₹150 on the amount above it; CardWise counts 5 throughout, so heavy spenders earn more than shown. Rent, government, wallet, education, bills, insurance, rail and FASTag do not count towards the ₹20,000. Points never expire. UPI needs the FIRST Digital RuPay add-on card.
No rewards on
- Fuel (surcharge waiver applies), EMI and cash withdrawals Terms
Benefits
- Lounges: 4 domestic and 2 international airport lounge visits a quarter — ₹20,000 of spend in a calendar month unlocks visits in the next month Product page
- Fuel: 1% fuel surcharge waived on fills of ₹200 to ₹5,000, up to ₹300 a statement cycle Product page
- Welcome: 2,500 points when the joining fee is paid, and 2,500 more in each of the 2nd and 3rd statement cycles with ₹20,000 of spend (7,500 in all) Product page
- Milestone: 7,500 points on ₹8 lakh of spend in a card year, credited when the next annual fee is paid Product page
Also on this card
Quoted from IDFC FIRST Bank; not counted in the net value.
- Hotels booked in the IDFC FIRST app earn 30 bonus points per ₹150, flights 15 Terms
- Points are worth ₹0.40 on hotel and flight bookings in the IDFC FIRST app Terms
- Trip cancellation (CFAR) cover up to ₹25,000, twice a year Product page
- Up to 2 golf rounds or lessons a month, one per ₹20,000 of spend Product page
- Buy 1 Get 1 movie tickets, up to ₹400 off, twice a month Product page
- 4 railway lounge visits a quarter Product page
- Air accident cover of ₹1 crore, personal accident cover of ₹10 lakh, lost-card cover of ₹50,000 Product page
- Travel insurance up to USD 1,200 Product page
Eligibility
The issuer does not publish its criteria on the pages read. Approval is its own decision.
Not published by IDFC FIRST Bank in the documents read
- eligibility criteria (income, age)
Where IDFC FIRST Bank’s documents differ, and what is used
- International spends: the product page gives 5X now and 2X from 26 Oct 2026; the reward terms already say 2 points per ₹150. 2 is used.
- Forex: the page, the listing and the MITC say zero markup; an FAQ says cash withdrawn from ATMs abroad attracts a 1% (+GST) markup, and the May 2026 cardholder notice says 1%.
- Golf: one line says 2 rounds a month on ₹20,000 of spend; the FAQ says one round per ₹20,000 spent (so ₹40,000 for two).
- Network: the page lists VISA Infinite privileges and calls it "your VISA Infinite card"; no separate network statement.
The quotes behind the figures
48 figures, each copied from an official IDFC FIRST Bank document.
Show every quote and source
“Joining Fee: ₹2,999+GST and Annual Fee: ₹2,999+GST (2 nd year onwards)”
“The Ashva Credit Card comes with a Joining Fee of ₹2,999 + GST and an Annual Fee (applicable from second card anniversary year) of ₹2,999 + GST.”
“Experience global luxuries seamlessly with 0% foreign exchange markup on international transactions.”
“1 Reward Point = 0.25 everywhere else”
“*Effective 26th Oct 2026, you will earn 2X Reward Points on international spends”
“1X = 1 Reward Point per ₹150 spent”
“2 reward points per 150 on international transactions with eligible international transactions”
“5X Reward Points* on international spends, with eligible international transactions contributing towards your monthly 10X rewards milestone calculation.”
“3 reward points per 150 on Rent, Government, Wallet Load and Education”
“1 reward point per 150 on Fastag, Railways, Insurance and Utilities”
“5 reward points per 150 on eligible spends up to 20,000 in a statement cycle.”
“10 reward points per 150 on eligible incremental spends above 20,000 in a statement cycle.”
“Transactions whose value is below 150.”
“Reward points will not be given on spends converted to EMI, Cash Withdrawal, Fuel, Fee and Charges.”
“Fuel transactions (Fuel Surcharge waiver will be provided)”
“Upfront payment of Joining Fee + GST required for dispatch of metal credit card the fee is non-refundable.”
“The Ashva Credit Card provides ZERO forex markup.”
“Markup Charges on Foreign currency transactions and NIL Dynamic & Static Currency Conversion Transactions**”
“Cash withdrawal from ATMs outside India will attract a forex markup fee of 1% (+GST).”
“1% Forex Markup. (compared to industry-standard of 3-3.5%)”
“10X Reward Points on incremental monthly spends”
“Rewards will be earned for spends up to your credit limit per billing cycle. Additional spends beyond”
“The Ashva Credit Card provides the benefit of never-expiring reward points.”
“If the customer does not pay at least the Minimum Amount Due (MAD) by the payment”
“2,500 reward points on net spends of ₹20,000 or more in your 2nd statement cycle (Applicable only after successful realization of the joining fee).”
“Earn 7,500 Reward Points worth up to ₹3,000”
“1. Spend minimum 8,00,000 in the previous card anniversary year and get 7,500 Reward Points”
“The lounge benefit can be availed in the next calendar month by spending ₹20,000 or more in the current calendar month.”
“2 complimentary golf rounds/lessons every month when you spend over ₹20,000 in a month.”
“Flights 15 reward points”
“IDFC FIRST Bank Ashva Credit Card now powered for UPI”
“3 reward points per 150 spent on UPI transactions valued above 2,000.”
“The maximum cash withdrawal limit per transaction is ₹10,000.”
“Reward Redemption Fee `99 per redemption transaction*”
“Complimentary access to airport lounges 4 times in India & 2 times overseas, every quarter.”
“Avail 1% Fuel Surcharge Waiver up to ₹300 in a statement cycle at all fuel stations across India on transactions between ₹200 & ₹5,000.”
“2,500 reward points on successful payment of the joining fee.”
“On spending ₹8,00,000 or more in a card anniversary year, you will get 7,500 reward points.”
“Hotel 30 reward points”
“1 Reward Point = 0.4 on travel bookings(hotel & flights only) done via Travel & Shop section on”
“Get reimbursed for non-refundable flight and hotel cancellations by up to ₹25,000, twice a year.”
“Yes. You can avail up to 2 rounds/lessons in a month. Each round/lesson is unlocked for every ₹20,000 spent in the previous statement cycle.”
“Avail a buy one get one free offer on Movie Tickets with up to ₹400 off on the second ticket, twice in a calendar month.”
“Get 4 complimentary railway lounge visits per quarter.”
“Air Accident Cover of ₹1 Crore, Personal Accident Cover of ₹10,00,000 and Lost Card Liability Cover of ₹50,000.”
“Get comprehensive travel insurance coverage up to USD 1200.”
“Ashva Metal Credit Card The Concept Apply now”
“Experience luxury dining at its finest—handpicked restaurants, bespoke menus, and priority access await you with your VISA Infinite card.”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with IDFC FIRST Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is IDFC FIRST Bank’s own file from its website, unaltered, fetched 2026-10-15. Methodology