IDFC FIRST Financial institution launched the Mayura & Ashva Credit Cards a few yr in the past below the premium phase as paid variants. Whereas they didn’t make a lot noise initially, current upgrades like accelerated rewards and 2X level worth have given life to the cardboard.
Right here’s the whole lot you must learn about IDFC FIRST Financial institution Mayura bank card in it’s present type.
Overview
| Sort | Premium Credit score Card |
| Reward Fee | 0.8% – 20% |
| Finest for | Journey Spends |
| USP | 0% Foreign exchange |
Whereas the reward price begins off low for low spenders, it scales up effectively with greater spends. Additional, 2X level worth on journey redemptions offers reward price nearly as good as HDFC Infinia‘s 3.3% on common spends.
Becoming a member of Charges
| Becoming a member of Price | 5,999 INR + GST |
| Welcome Profit | 1000 INR Cashback * 4 instances |
| Renewal / Annual Price | 5,999 INR + GST |
| Renewal Profit | – 7500 RP (value 3750 INR on 8L Spend) – 15,000 RP (value 7500 INR on 15L Spend) |
| Renewal Price waiver | Nil |
To qualify for the welcome profit, you’ll have to make 4 transactions of ₹1,000+ every throughout the first 60 days. The renewal profit is cleverly designed to supply worth for top spenders.
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design.jpg” alt=”IDFC Mayura Credit score Card” class=”wp-image-17892″ srcset=”https://www.cardexpert.in/wp-content/uploads/2025/08/idfc-mayura-credit-card-design.jpg 1024w, https://www.cardexpert.in/wp-content/uploads/2025/08/idfc-mayura-credit-card-design-300×225.jpg 300w, https://www.cardexpert.in/wp-content/uploads/2025/08/idfc-mayura-credit-card-design-768×576.jpg 768w, https://www.cardexpert.in/wp-content/uploads/2025/08/idfc-mayura-credit-card-design-665×499.jpg 665w” sizes=”(max-width: 1024px) 100vw, 1024px”/>IDFC Mayura Credit score Card is available in a metallic type issue and it feels simply as heavy as most different metallic playing cards on the market.
Whereas I’m personally not a fan of this color, the general design stands out with a number of components thoughtfully stitched collectively.
It’s a kind of playing cards that feels extra like a collector’s piece than simply one other plastic within the pockets.
Rewards
| SPEND TYPE | REWARDS | REWARD RATE (Regular) |
REWARD RATE (Travel) |
|---|---|---|---|
| Offline | 5 RP / 150 INR (5X) |
0.8% | 1.66% |
| Online | 5 RP / 150 INR (5X) |
0.8% | 1.66% |
| Spends >20K (per stmt) |
10 RP / 150 INR (10X) |
1.66% | 3.33% |
| Flights (on app) |
30 RP / 150 INR (10X) |
5% | 10% |
| Hotels (on app) |
50 RP / 150 INR (10X) |
8.3% | 16.66% |
| UPI (digital Rupay) |
3 RP / 150 INR (3X) |
0.5% | 1% |
- Factors don’t expire
- 1 Reward Level = 0.25 INR (Common) / 1 Reward Level = 0.25 INR (Journey)
- 1 Reward Level per 150 INR (it was 1RP/100 INR earlier than)
- Redemption Costs: 99 INR+GST
Flight and resort bookings made by way of the “Journey & Store” part on the IDFC FIRST Financial institution app now earn bonus rewards as above.
The brand new journey redemption possibility offers 2X the purpose worth (0.50 INR/level) which is an efficient motivator for IDFC Wealth Credit Card holders to think about switching to Mayura for higher worth on redemptions.
digital Rupay Card Phrases:
- digital RuPay Card, linked to current IDFC FIRST Financial institution Credit score Card
- Spends on digital Credit score Card might be counted in direction of 10X milestone & annual charge cost
Phrases & Situations:
- Insurance coverage & Utilities: 1 Reward Level / 150 INR (0.20%)
- Lease, Authorities, Pockets Load and Training: 3 Reward Level / 150 INR (0.50%)
- Above classes is not going to be a part of 10X calculations.
- Utility spends will earn 1X (0.16%) – MCC: 4814, 4816, 4899, 4900
- Utility spends will earn 1% charge on commercials spends (>20K INR a month)
- Spends restricted up-to the credit score restrict (in a billing month), like RBL Playing cards
Lounge Entry
| ACCESS TYPE | ACCESS VIA | ACCESS LIMIT |
|---|---|---|
| Home (Airport Lounges) |
Direct | 4/Qtr |
| Home (Railway Lounges) |
Direct | 4/Qtr |
| Worldwide | Dreamfolks | 4/Qtr |
Home lounge entry additionally comes with 1 visitor entry (per Qtr) which is an efficient characteristic to have.
A minimal month-to-month spend of ₹20,000 is required within the present calendar month to qualify for lounge entry within the following month.
It’s fairly unfair to anticipate month-to-month spends on a card that prices nearly 7K INR. So this implies, even when you splurge 10L on a festive month, you’ll nonetheless be holding a card with out lounge entry after a month!
Golf Profit
- Complimentary rounds: Upto 2/month (video games & classes)
- This profit is linked to spend requirement.
Spends of 20,000 INR (or) 40,000 INR are required to unlock 1 (or) 2 rounds respectively. Spends achieved in a billing cycle are tracked for this home golf profit.
All of the complimentary rounds earned in a billing cycle might be eligible for redemption from 1st of subsequent month and might be out there for redemption upto 2 months (60 days).
Foreign exchange Markup
- Foreign exchange Markup Price: 0%
- Reward price: 3.3% (journey redemption)
- Internet acquire: 3.3%
With internet acquire of three.33% on international forex transactions, IDFC FIRST Financial institution Mayura Credit score Card is certainly among the finest Credit score Card in India for Foreign exchange transactions.
Different Advantages
- Film Supply: Purchase 1 Get 1 supply on film tickets as much as ₹500, twice a month
- Complimentary Street Aspect Help (RSA) value ₹1,399
- Journey Cancellation Cowl: Free journey cancellation cowl of as much as ₹50,000 for as much as 2 claims on resort & flight bookings in a yr
- 1% gasoline surcharge waiver as much as ₹300 in a press release cycle on gasoline transactions valued between ₹200 and ₹5000
- Curiosity free money withdrawal from ATM upto 45 days (W/d charge: 199 INR+GST, upto 10K INR/txn)
- Revolving Curiosity Fee: Comparatively decrease rate of interest in comparison with different banks, normally 20% – 24% p.a.
Complimentary roadside help is likely one of the distinctive characteristic on IDFC bank cards. It perhaps helpful at instances, for ex, to leap begin your automotive on breakdown.
And the curiosity free money withdrawal is a intelligent entice, because it anyway comes at w/d charge and restricted upto 10K INR per transaction, which principally means you pay at-least 2% for every withdrawal.
Tips on how to Apply?
You possibly can apply for the IDFC FIRST Financial institution Mayura Credit score Card on-line, and the approval normally occurs immediately after KYC verification.
I utilized for the cardboard myself and received it delivered inside simply 3 days.
Bottomline
- Cardexpert Score: 4.5/5
The IDFC FIRST Financial institution Mayura Credit score Card is now one of the vital rewarding playing cards in India, providing a reward price on par with most tremendous premium bank cards, because of the current improve.
And with 0% foreign exchange markup, it’s a strong alternative for worldwide travellers as effectively.
If IDFC brings in airline/resort switch companions, this might simply turn into one of many highly effective all-rounder playing cards available in the market.
Do you maintain IDFC First Mayura Credit score Card? Be at liberty to share your ideas within the feedback under.
