Card Details
Diamond Reserve Credit Card
Monzy Score
9/ 10
Excellent for frequent travellers.
Lifetime free, so no fee to earn back; strong ~15% back in its core category.
Card Issuer
IDFC FIRST Bank
Joining Fee
₹3,000
Annual Fee
₹3,000
Reward Type
Reward Points
Card Access
Standard
Earn Points
10 RP/₹150
Eligible spends above ₹20,000 in a billing month
3 RP/₹150
Eligible spends up to ₹20,000 in a billing month
1 RP/₹150
Insurance and utility bill payments
20% bonus RP
Hotel bookings via FIRST Rewards Gallery
Benefits
0% forex plus air & rail lounge access
- Travel perks with no forex fees and multi-mode lounge comfort
- Zero forex markup on overseas spends
- 2 domestic and 2 international airport lounges per quarter (spend-linked)
- Railway lounge access plus CFAR cover up to ₹25,000
- Complimentary lounges unlock only after ₹20,000 monthly spend
- International transactions do not earn reward points
Earn up to 10 RP/₹150 after ₹20k monthly spend
- Incremental rewards up to 10X with wide category coverage
- 3 RP/₹150 up to ₹20k monthly spends
- 10 RP/₹150 on incremental spends beyond ₹20k
- Reward points redeemable at ₹0.25 each without expiry
- Bonus reward points capped at 8,000 per calendar month
- No rewards on international, fuel, EMI, fee or cash transactions
Movie BOGO up to ₹250 twice a month
Reward Calculator
NOTE: Enter your monthly spends to see
projected returns.
Excluded: fuel
Estimated Returns
Monthly spends up to Rs.20,000
3 RP per Rs.150 on eligible spends up to Rs.20k/cycle (~0.5%). RP = Rs.0.25, no expiry.
₹150
Incremental monthly spends above Rs.20,000
10 RP per Rs.150 on eligible spends above Rs.20k/cycle (~1.66%).
₹0
Hotel bookings via IDFC FIRST app
Up to 60 RP per Rs.150 (~10% value back) on in-app hotel bookings.
₹0
Flight bookings via IDFC FIRST app
Up to 40 RP per Rs.150 (~6.6% value back) on in-app flight bookings.
₹0
Total Annual Return
₹1,800
0.5% Effective ROIWhat Users Are Saying
Community Feed
Dec 2025
“New Card IDFC FIRST Diamond Reserve Credit”
by r/CreditCardsIndia, Dec 2025
“I'm officially done with IDFC FIRST Bank Credit Cards”
by r/IndianCreditCards, Nov 2025
“Closed my IDFC First Mayura Credit Card”
by r/CreditCardsIndia, Jan 2026
“Using IDFC First Wealth CC doesn't make sense NOW”
by r/CreditCardsIndia, Jul 2024
“IDFC FIRST WOW Black Credit Card - Highlights & Reality”
by r/CreditCardsIndia, Dec 2025
Frequently Asked Questions
The Diamond Reserve Credit Card is a lifetime free card, so there is no joining fee and no renewal fee to recover. Everything you earn on it is net gain, which also means the only thing worth watching is the reward caps and the excluded categories. Check that the card still has no fee on your welcome letter, because IDFC FIRST Bank prices some variants differently.
RECENT CHANGES
Terms were revised recently — verify current fee, reward and exclusion terms before you apply.
Things to Keep in Mind
The advertised 10X rewards rate only applies to spends over ₹20,000 in a statement cycle; spends below this threshold earn at a 3X rate.
International transactions earn no reward points even though forex markup is 0%.
The Buy-One-Get-One movie offer is restricted to the District app by Zomato and has a limit of ₹250 per ticket.
