IDFC FIRST Bank has launched the FIRST WOW! Black Credit Card, a premium fixed-deposit–backed offering designed for customers who want strong rewards, travel benefits, and easy eligibility. Positioned as an upgraded version of the existing WOW Credit Card, the WOW! Black variant brings enhanced features while keeping entry requirements simple.
With a low joining and annual fee of ₹750 + GST, the card delivers excellent value from day one, especially for users beginning their credit journey or those seeking a reliable card with zero forex markup.
Key Charges and Card Details
Dual-Card Advantage With UPI Support
One of the standout features of the FIRST WOW! Black Credit Card is its dual-card setup. Cardholders receive:
- A physical credit card for regular usage
- A complimentary UPI-enabled RuPay virtual credit card linked to the same account
This allows users to earn rewards even on UPI payments, making it highly practical for daily transactions.
Welcome Benefits Worth Over ₹5,000
Upon payment of the joining fee, cardholders receive a strong welcome package, including:
- ₹500 off on the first travel booking via the bank’s mobile app (minimum spend ₹5,000)
- Instant discounts of up to ₹1,500 on flight, hotel, and bus bookings
- 3-month complimentary dining membership worth ₹1,095
- Flat 10% discount up to ₹500 on select luggage and travel accessories
- Complimentary one-year eyewear membership worth ₹800
- 5% cashback up to ₹1,000 on the first EMI transaction within 30 days
Reward Structure Explained
Regular Spends
- 4 Reward Points per ₹150 on online and offline purchases
- 1 Reward Point per ₹150 on insurance and utility payments
UPI Transactions
- 3 Reward Points per ₹150 on UPI spends above ₹2,000
- 1 Reward Point per ₹150 on UPI spends below ₹2,000
Fuel spends, EMI transactions, and cash withdrawals do not earn rewards.
Bonus Rewards on Travel Bookings
- 50 Bonus Reward Points per ₹150 spent on hotel bookings via the bank’s app (up to 16.7% value back)
- 30 Bonus Reward Points per ₹150 spent on flight bookings via the bank’s app (up to 10% value back)
Lifestyle and Protection Benefits
- Trip Cancellation Cover of up to ₹10,000 for non-refundable flight or hotel bookings
- Coverage available for up to two claims per policy period
- 25% off on movie tickets (up to ₹100) once every month
Who Should Consider This Card
The FIRST WOW! Black Credit Card is ideal for:
- First-time credit card users
- Individuals with limited credit history
- Users who prefer FD-backed cards
- Frequent UPI users who want rewards on everyday payments
- International spenders looking for zero forex markup
Bottom Line
The IDFC FIRST WOW! Black Credit Card delivers impressive value at a low entry cost. With easy eligibility, meaningful rewards across UPI, online, and offline spends, and zero forex markup, it stands out as one of the best FD-backed credit cards available.
For users who may not qualify for high-end travel cards but still want premium features and international usability, this card strikes an excellent balance between accessibility and benefits.