IDFC FIRST WOW!

Up to 0.5% merchant-spend value from 4X rewards, before redemption fee. Confirm your actual channel, merchant code and eligibility.

Where it pays

Issuer product guide says its physical Visa card earns 4 points per ₹200 on eligible online and offline spend (1X = 1 point/₹200), one point worth ₹0.25 when redeemed at partner merchants. The model uses that 0.5% value rather than a statement-credit claim, and deducts one ₹99 + estimated GST redemption fee from the 12-month point total. At low spending, the charge can consume all reward value. Insurance, utilities, FASTag and rail spend earn only 1X; generic Utilities merchant/payment route is left unscored. Fuel, EMI and cash withdrawals earn no points. Optional digital RuPay UPI companion card has separate ₹199 joining/annual fee and different earn rates, so this score applies only to the free physical Visa card. A minimum ₹20,000 FD is required for residents, with a lien on 100% of the deposit; FD interest, locked capital and opportunity cost are excluded. The product guide says points expire after 24 months while an older issuer page says evergreen; this one-year estimate does not depend on that unresolved discrepancy. Product guide: https://www.idfcfirstbank.com/content/dam/idfcfirstbank/images/credit-card/cc-details-image/pdf/WOW-Product-Guide.pdf .

Issuer source

https://www.idfcfirstbank.com/credit-card/wow

Checked 27 Sep 2026. One category repeated monthly; not an account-wide return. Conditional welcome and milestone benefits are omitted. Check current issuer terms before applying.