Diamond Reserve Credit Card
A ₹3,000 travel card (waived on ₹6 lakh of spend) with no forex markup: 3 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, none on international spends (1 point = ₹0.25); 2 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 | ₹3,000 plus GST Product page |
|---|---|
| Annual fee | ₹3,000 plus GST Product page |
| Annual fee waiver | On ₹6,00,000 of spend in the year Product page |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | None (0%) Product page |
| The joining fee is paid upfront before the card is sent. | |
| Reward redemption fee | ₹99 plus GST MITC |
Rewards
Reward points, ₹0.25 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| 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 insurance, utilities, railway and FASTag | 1 point per ₹150 Terms | no cap on record |
| 3 points per ₹150 on other spends up to ₹20,000 a statement cycle (10 per ₹150 above that, not modelled) | 3 points per ₹150 Terms | no cap on record |
Other spends earn 3 points per ₹150 on the first ₹20,000 of a statement cycle and 10 per ₹150 above it (and on your birthday); CardWise counts 3 throughout, so heavy spenders earn more than shown. Points never expire. UPI needs the FIRST Digital RuPay add-on card, at ₹199 + GST a year.
No rewards on
Benefits
- Lounges: 2 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, up to ₹300 a month (no transaction range stated) 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 (up to 8,000 a month) Terms
- Trip cancellation (CFAR) cover up to ₹25,000 Product page
- Up to 2 golf rounds or lessons a month Product page
- Buy 1 Get 1 movie tickets, up to ₹250 off, twice a month Product page
- 4 railway lounge visits a quarter Product page
- One airport meet-and-greet a year, 10% off after that Product page
- Joining offers worth over ₹5,000 (ET Prime, Lenskart, MakeMyTrip, Mokobara) Product page
- 5% cashback up to ₹1,000 on the first EMI 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
- the card network
- eligibility criteria (income, age)
- a cash-valued welcome benefit (the joining offers are brand memberships and discounts)
The quotes behind the figures
37 figures, each copied from an official IDFC FIRST Bank document.
Show every quote and source
“The Diamond Reserve Credit Card comes with a Joining Fee of ₹3,000 + GST and an Annual Fee (applicable from second card anniversary year) of ₹3,000 + GST.”
“Annual Fees ₹3,000 + GST waived off on annual spends of ₹6 Lakh and above”
“The Diamond Reserve Credit Card provides ZERO forex markup.”
“1 reward point = 0.25”
“a. 3 reward points on Rent, Government, Wallet Load, and Education”
“4. Reward points are earned per 150 spent on eligible transactions.”
“b. 1 reward point on Insurance, Utility, Railway and Fastag”
“2. Earn 3 reward points on eligible spends up to 20,000 in a monthly statement cycle.”
“1. Earn 10 reward points on eligible incremental spends above 20,000 in a monthly statement cycle.”
“h. Transactions valued below 150”
“a. International transactions (No forex markup will be charged on these transactions)”
“Reward points will not be given on international spends, spends converted to EMI, Cash Withdrawal, Fuel, Fee and Charges.”
“b. Fuel transactions (Fuel surcharge waiver will be provided)”
“Once your Diamond Reserve Credit Card application is approved, upfront Joining Fee payment of ₹3,000 + GST is required to get the credit card dispatched.”
“Markup Charges on Foreign currency transactions and NIL Dynamic & Static Currency Conversion Transactions**”
“Value of 1 reward point is ₹0.25.”
“10X reward points for incremental spends above ₹20,000 in a statement cycle and on your birthday.”
“Rewards will be earned for spends up to your credit limit per billing cycle.”
“There is no expiry date on the Reward Points accrued on your IDFC Diamond Reserve Credit Card.”
“3 reward points per 150 spent on transactions valued above 2,000”
“Joining Fee & Annual Fee (2nd year onwards) of just ₹199 + GST”
“The lounge benefit can be availed in the next calendar month by spending ₹20,000 or more in the current calendar month.”
“Total Bonus Reward Points that can be earned in a calendar month 8,000 reward points”
“Enjoy complimentary RSA worth ₹1,399”
“IDFC FIRST Bank offers low interest rates starting from 8.5% to 42% per annum.”
“Reward Redemption Fee `99 per redemption transaction*”
“Enjoy Travel in comfort with 2 domestic and 2 global airport lounge access per quarter”
“Save up to ₹300 per month with a 1% fuel surcharge waiver”
“Bonus Reward Points per 150 30 reward points 15 reward points”
“Claim up to ₹25,000 on non-refundable hotel and flight cancellations”
“Yes, Diamond Reserve Credit Card offers up to 2 complimentary golf rounds/lessons per month.”
“Save up to ₹250 on your second movie ticket, twice every month”
“Get 4 complimentary visits per quarter at select Indian railway terminals”
“Enjoy 1 complimentary service a year and 10% off on the rest”
“On payment of the joining fee, you will receive multiple premium brand offers worth over ₹5,000, including complimentary memberships and discounts from ET Prime, Lenskart, MakeMyTrip, Mokobara, and IDFC FIRST Bank Mobile App.”
“Get up to ₹1,000 cashback on your first EMI transaction”
“Distinct By Design Discover More Apply Now”
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