IDFC FIRST Mayura Credit Card
IDFC FIRST Bank • Visa
Super-premium metal card offering 10X rewards on incremental spends > ₹20k, zero forex markup, airport meet & greet, and 32 airport lounge accesses annually
Underwriting & Income Cutoffs
warningStrict Non-Waivable Annual Fee of ₹5,999
The annual fee of ₹5,999 + GST is entirely non-waivable with zero spend-linked waiver criteria.
₹5,999 + GST ki moti annual fee kisi bhi spend par maaf nahi hoti.
Source: IDFC FIRST Mayura Schedule of Charges
warningSpend Condition on Domestic Lounges, Movies & Golf
Domestic airport lounge access (4/quarter), BOGO movie tickets, and golf privileges are strictly locked behind ₹20,000 monthly spend in prior month.
Lounge, movie aur golf benefits unlock karne ke liye pichle mahine ₹20,000 kharch karna lazmi hai.
Source: IDFC FIRST Mayura Lounge Privileges Document
warningSub-Par Reward Rate Below ₹20,000 Monthly Spend
Spends below ₹20,000 earn only 5X rewards (0.833% statement value), failing to justify the card fee without crossing the ₹20k threshold.
₹20,000 se kam spend karne par card par sirf 0.83% ka ordinary reward rate milta hai.
Source: IDFC FIRST Mayura Product Guide Page 3
warningPoint Valuation Devaluation on General Redemptions
Reward points are worth ₹0.50 strictly on mobile app travel bookings; non-travel redemptions and statement credits drop to ₹0.25 per point.
Travel booking par 1 point = ₹0.50 hota hai, par cashback ya voucher lene par value aadhi hokar ₹0.25 reh jaati hai.
Source: IDFC FIRST Mayura Reward Terms and Conditions
warningHeavy Metal Card Re-Issuance Fee of ₹3,500
Replacing a lost or damaged physical metal Mayura card costs ₹3,500 + GST.
Metal Mayura card replacement fee ₹3,500 + GST hai.
Source: IDFC FIRST MITC Section 15
Calculate Your Real Annual Profit on IDFC FIRST Mayura Credit Card
Drag the slider to your estimated monthly card spend to project net monetary yield.
The Math Behind IDFC FIRST Mayura Credit Card
IDFC FIRST Mayura Credit Card (IDFC FIRST Bank) un logon ke liye design kiya gaya hai jo SHOPPING categories me spend karke 1.667% tak ka value back chahte hain. Lekin ₹5999 (+18% GST) ki annual fee ke sath, asli net profitability aapke merchant categories, waiver spend milestones aur hidden exclusions par depend karti hai.
• Partner Merchant Spends (1.667% return): Fee recover karne ke liye sirf ₹29,989 / mahina (₹3,59,868 / saal) spend zaroori hai.
• Regular Offline Spends (0.167% base return): Fee recover karne ke liye lagbhag ₹2,99,351 / mahina spend karna hoga. Isse kam spend karne par annual fee ki wajah se net return loss me chala jayega.
1. Merchant Tier Accelerators & Multipliers
Amazon, Flipkart, Myntra aur partner portals par spend karne par 5% se 10% tak ke accelerated reward multipliers milte hain. Par dhyan rahe ki yeh bonus rate sirf specific partner checkout par hi valid hota hai, normal offline retail swipes par standard 1% base rate hi milta hai.
2. Monthly Category Caps & Spending Ceilings
Sabhi accelerated shopping cards par monthly capping ya category spend ceiling hoti hai (jaise ₹1,000 se ₹1,500 maximum monthly cashback). Is limit ke cross hote hi earn rate drop hokar regular 1% ho jata hai, isliye festive sales me spend limit monitor karna zaroori hai.
3. Voucher Expiry vs Statement Credit Friction
Earn kiye gaye points ko direct statement credit me lene par bank ₹99 + 18% GST redemption fee charge kar sakta hai. Brand vouchers me redeem karne par 12-24 months ki expiry aur category lock-in ka dhyan rakhna zaroori hai taaki points expire na hon.
check_circleKise Lena Chahiye (Who Should Apply):
Agar aapka natural monthly kharcha SHOPPING merchants par hota hai aur aap saal me ₹3,59,868 ka spend aaram se cross kar lete hain.
cancelKise Bilkul Nahi Lena Chahiye (Who Should SKIP):
Agar aapka kharcha offline dukanon, petrol ya rent par zyada hota hai, ya online spend ₹29,989/mahine se kam hai, toh is card ko skip karein kyunki fee recover nahi hogi.
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Frequently Asked Questions
What is the annual fee of IDFC FIRST Mayura Credit Card and how can it be waived?expand_more
IDFC FIRST Mayura Credit Card ki joining aur annual renewal fee ₹5999 + 18% GST (Total: ₹7078.82) hai. Agar aap pichle saal me ₹1,00,000 ya usse zyada spend karte hain, toh renewal fee 100% reverse (waive) ho jati hai.
What is the minimum salary required for IDFC FIRST Mayura Credit Card?expand_more
Salaried applicants ke liye minimum net in-hand monthly salary ₹18,00,000 aur 750+ CIBIL score hona zaroori hai. Self-employed applicants ke liye ₹6.0 Lakhs+ annual ITR mandatory hai.
What are the ATM cash withdrawal and international forex charges?expand_more
ATM se cash withdraw karne par 2.5% (minimum ₹500) cash advance fee aur pehle din se finance charges lagte hain. International foreign currency spends par standard 3.5% forex markup + 18% GST deduct hota hai.
How does IDFC FIRST Mayura Credit Card reward point redemption work?expand_more
Earn kiye gaye points ko statement cash ya partner shopping vouchers me redeem kar sakte hain. Statement credit lene par 1 point lagbhag ₹0.25 ka hota hai aur bank ₹99 + 18% GST redemption fee charge karta hai.
• Data Authority: Audited against official bank Most Important Terms and Conditions (MITC) Schedule.
• Regulatory Reference: Reserve Bank of India (RBI) Credit & Debit Card Directions 2022/2024.
• Verification: Independent research conducted by EQUIS Intelligence Labs • Last verified: September 2026.