Card Details
IDFC FIRST WOW! Black Credit Card
Card Issuer
IDFC FIRST Bank
Joining Fee
₹750
Annual Fee
₹750
Reward Type
Reward Points
Card Access
Standard
Earn Points
4 Rp/₹150
Base rewards (up to)
3 Rp/₹150
On upi via virtual rupay card (up to)
16.7% Bonus rps
On hotel bookings via idfc first bank mobile app
10% Bonus rps
On flight bookings via idfc first bank mobile app
Benefits
Zero forex markup
- Zero forex markup on all international transactions, plus up to 4X rewards on international spends
- Trip cancellation cover: up to ₹10,000 reimbursed on the non-refundable part of hotel and flight cancellations (up to two claims a policy period)
- FD-backed card: link an IDFC FIRST Bank Fixed Deposit of at least ₹20,000
- No credit history or income proof needed to apply
- Complimentary UPI-enabled virtual FIRST Digital RuPay Credit Card, linked to your FIRST WOW! Black card
- 3 Reward Points per ₹150 on UPI transactions above ₹2,000 (1 per ₹150 up to ₹2,000)
4 domestic lounge visits a year
- 4 complimentary domestic airport lounge visits a year (1 a calendar quarter), with ₹20,000 spend in the previous calendar month
Reward Calculator
NOTE: Enter your monthly spends to see
projected returns.
Excluded: fuel, emi, cash withdrawal
Estimated Returns
Online & offline retail spends
4 RP per Rs.150. RP worth Rs.0.25 (Rs.0.50 when redeemed for flights/hotels via app)
₹200
UPI spends above Rs.2,000
3 RP per Rs.150 on UPI transactions above Rs.2,000
₹0
UPI spends up to Rs.2,000
1 RP per Rs.150 on UPI transactions of Rs.2,000 or below
₹0
Insurance & utility payments
1 RP per Rs.150 on insurance and utility payments
₹0
Hotel bookings via FIRST Rewards Gallery
50 RP per Rs.150 on hotel bookings through Rewards Gallery
₹0
Flight bookings via FIRST Rewards Gallery
30 RP per Rs.150 on flight bookings through Rewards Gallery
₹0
Total Annual Return
₹2,401
0.67% Effective ROIThings to Keep in Mind
Annual fee is waived on annual spends of ₹1.5 lakh.
Domestic lounge access requires ₹20,000 spending in the previous calendar month and is limited to one visit per quarter.
No reward points are earned on fuel, EMI transactions or cash withdrawals.
Insurance and utility payments earn 1 reward point per ₹150 spent.
UPI spends above ₹2,000 earn 3 reward points per ₹150, while UPI spends below ₹2,000 earn 1 reward point per ₹150.
Travel-booking bonus reward points have an 8,000-point combined monthly cap.
Card insights
What Users Are Saying
Community Feed
May 2026
“How to apply for idfc wow! Black card”
by r/CreditCardsIndia, May 2026
“Any recent takers of IDFC WOW BLACK credit card?”
by r/CreditCardsIndia, Mar 2026
“IDFC FIRST WOW Black Credit Card - Highlights & Reality”
by r/CreditCardsIndia, Dec 2025
“Benefits of IDFC First WOW Black Credit Card”
by r/personalfinanceindia, Dec 2025
Alternatives
If you spend…
Recommendation
Same forex, free
FIRST WOW! CardUnsecured travel rewards
Scapia Credit CardZero forex lounges
ixigo AU Credit CardFrequently Asked Questions
You need an IDFC FIRST fixed deposit of at least ₹20,000. No credit history is required, because the FD secures the card.
The catch: 0% forex is free on the other WOW
IDFC's big selling point on WOW! Black is zero forex markup. The catch is that the standard FIRST WOW! Card gives you the same 0% forex and the same FD-backed approval for ₹0. Black charges ₹750 + GST, about ₹885 a year, for the extras on top.
So the real question is not "is 0% forex good?" It is: will you use what Black adds? Those extras are 4 domestic lounge visits a year, bigger travel bonuses in the IDFC FIRST app, and a welcome kit.
This page covers the paid WOW! Black on Mastercard. The lifetime free WOW is a separate card on Visa.
What ₹885 a year adds
- Lounge: 1 domestic visit per quarter. You unlock it only by spending ₹20,000 in a calendar month, which opens the next month.
- App travel bonus: about 16.7% value on hotels and 10% on flights booked in the IDFC FIRST app, capped at 8,000 bonus points a month combined. The standard WOW gives 10% and 5%.
- Base earn: up to 4 points per ₹150, against 4 per ₹200 on the standard card.
- Trip cancellation cover: up to ₹10,000 a year.
- Welcome kit "worth ₹5,000+": a ₹500 travel voucher plus MakeMyTrip, Mokobara and EazyDiner offers. Users point out that the ₹500 voucher is the only part that behaves like cash.
The fee is waived if you spend ₹1,50,000 in a year, about ₹12,500 a month. That is a lot to put through a limit tied to your FD.
Everyday points are worth little
Points are worth ₹0.50 each on travel booked in the IDFC app and ₹0.25 on anything else. At ₹0.25, the best base rate of 4 points per ₹150 is about 0.67%. Insurance, utilities and UPI under ₹2,000 earn 1 point per ₹150. Fuel, EMI and cash withdrawals earn nothing.
Users also report that you cannot earn points on spend above your credit limit by paying mid-cycle and spending again. Several called this a devaluation of the WOW family.
UPI works through a complimentary virtual RuPay card that comes with Black. The Mastercard itself does not run on UPI.
Using it abroad
This is where the card earns its place. Pay in the local currency, never in rupees at the terminal, or the merchant's conversion rate wipes out your 0% advantage. Users also report a flat fee and up to 45 days interest-free on foreign ATM cash, but IDFC's fee is not in our record, and the ATM operator may charge its own.
Your limit is set by your FD, which starts at ₹20,000. A long trip can use it up fast.
Is Black worth ₹885 to you?
Pay for it if you fly domestically a few times a year, can reach ₹20,000 in a month before a trip, and book hotels in the IDFC app. Then the lounge visits and bonuses beat ₹885.
If you only want 0% forex and a way to build a credit score, take the free FIRST WOW! Card instead. Holders share how the standard card works in our IDFC FIRST WOW Reddit review.
Credit Card Information Compiled by: Abhijeet Kumar | Reviewed by: Anmol Ratan Sachdeva
