Quantum+ Credit Card
A lifetime-free RuPay cashback card against a fixed deposit of ₹5,000 or more: 1% online (2% above ₹10,000 a cycle), 1% in store and on UPI through the IDFC FIRST app, 0.5% on bills, rent, wallet, insurance and government, capped at ₹500 a statement cycle. 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 | Nil Product page |
|---|---|
| Annual fee | Nil Product page |
| Annual fee waiver | Not needed |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | None (0%) Product page |
Rewards
Cashback.
| Spend | Earns | Cap |
|---|---|---|
| 0.5% on utilities, rent, wallet loads, insurance and government payments | 0.5% cashback Product page | up to ₹500 a statement cycle (shared) Product page |
| 1% on UPI through the IDFC FIRST app (UPI through other apps earns nothing) | 1% cashback Product page | up to ₹500 a statement cycle (shared) Product page |
| 1% on online spends up to ₹10,000 a cycle (2% above, not modelled) and on in-store purchases | 1% cashback Product page | up to ₹500 a statement cycle (shared) Product page |
Cashback is credited to the card a day after the payment due date, if at least the minimum amount due is paid.
All cashback is capped at ₹500 a statement cycle. Online spends above ₹10,000 in a cycle earn 2%; CardWise counts 1%. The terms exclude only cash withdrawals, EMI and UPI through other apps, so fuel is counted at the in-store rate.
Benefits
- Lounges: none on record
Also on this card
Quoted from IDFC FIRST Bank; not counted in the net value.
- Extra 1% cashback on hotels and flights booked in the IDFC FIRST app Product page
- Personal accident cover of ₹2 lakh; lost-card cover of ₹25,000 Product page
- Interest-free ATM cash for up to 45 days (₹199 + GST a withdrawal) Product page
Eligibility
- A fixed deposit of at least ₹5,000 with IDFC FIRST Bank; the limit is 100% of the deposit Product page
- Age 18 or above Product page
- Age 80 or below Product page
- Resident of India Product page
- No income proof or credit history needed Product page
Not published by IDFC FIRST Bank in the documents read
- a welcome benefit
- a fuel surcharge waiver
- airport lounge access
The quotes behind the figures
28 figures, each copied from an official IDFC FIRST Bank document.
Show every quote and source
“No. The Quantum + Credit Card comes with zero joining fee.”
“No. The Quantum + Credit Card is Lifetime Free with zero annual fee - no conditions, no minimum spend required.”
“Experience the best the world has to offer with Zero forex markup on international spends.”
“0.5% Cashback on select categories (Utility, Rent, Jewellery, Wallet, Insurance, and Govt. Services)”
“Total cashback is capped at ₹500 per statement cycle across all categories combined”
“1% Cashback on UPI spends done via IDFC FIRST Bank App”
“However, 1% cashback is applicable only on UPI spends done through the IDFC FIRST Bank Mobile App.”
“1% Cashback on online spends up to ₹10,000 in a statement cycle”
“2% Cashback on incremental online spends above ₹10,000 in a statement cycle”
“1% Cashback on in-store purchases”
“1% cashback on in-store spends - POS & Contactless”
“Earn up to 2% Cashback on international spends”
“Your Quantum + Credit Card is UPI-enabled and auto-linked to the IDFC FIRST Bank App”
“Markup Charges on Foreign currency transactions and NIL Dynamic & Static Currency Conversion Transactions**”
“ATM cash withdrawals, EMI transactions, and UPI spends done through other third-party UPI apps are excluded from cashback benefits.”
“*Cashback will be earned for spends up to your credit limit per statement cycle.”
“Cashback will be credited to your credit card account one day after the Payment Due Date (PDD+1), provided at least Minimum Amount Due (MAD) has been paid on or before the Payment Due Date.”
“If your card is lost or stolen, you're protected against fraud up to ₹25,000”
“Book hotels and flights via the IDFC FIRST Bank Mobile App and earn 1% bonus cashback.”
“Get a personal accident cover worth ₹2,00,000 with your Quantum + Credit Card.”
“Withdraw cash interest-free for up to 45 days at a nominal fee of ₹199 + GST.”
“You will get 100% of your FD value as your Credit Limit for your Quantum + Credit Card.”
“Open a Fixed Deposit (FD) of at least ₹5,000 with IDFC FIRST Bank or already have an eligible FD with the Bank”
“Be between 18 and 80 years of age”
“Be a resident of India”
“No, you do not need any credit history or income proof to apply for the Quantum + Credit Card.”
“Credit limit = 100% of your FD value Your FD keeps earning interest Apply Now”
“Lifetime Free Up to 2% cashback UPI-ready RuPay Credit Card Assured, FD Backed Credit 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