IDFC FIRST SWYP Credit Card
IDFC FIRST Bank
₹499
Joining fee
₹499
Annual fee
Waivable through IDFC's referral program by successfully referring one new cardholder (no spend-based waiver found).
3.5%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹20,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 650+
Estimated — not officially confirmed by the bank.
Lounge access
0 domestic / 0 international / 16 railway visits per year
Reward details
- Rs 5,000+ monthly spend: 200 points
- Rs 30,000+ monthly spend: 2,000 points
Redemption
Milestone-based rather than per-transaction; card is designed around full payment or EMI conversion rather than revolving credit (aggregator-sourced).
Ratio: 1 point = Rs 0.25
- Discount offers on brands including Domino's, Nykaa, and EaseMyTrip
- An extra Rs 199 fee is required to unlock UPI rewards access
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Discount tie-ups with popular brands; low annual fee suitable for beginners; option to convert bills into EMIs — Paisabazaar
Complaints
- Milestone benefits are not incremental (don't scale smoothly with spend) — Paisabazaar
- Low reward redemption value (Rs 0.25/point) — Paisabazaar
- An additional Rs 199 fee is needed just to access UPI rewards — Paisabazaar
Sources
- Official — confirmed the card's category and Rs 499 fee reference only; JS-rendered page did not return full detail content
- Aggregator — fees, rewards, sentiment