IDFC First Bank launches Zero Forex Diamond Reserve Credit Card for global travellers. Details here

Core Viewpoint - IDFC FIRST Bank has introduced the 'Zero-Forex Diamond Reserve Credit Card', targeting affluent global travelers with enhanced travel rewards and lifestyle benefits [1] Features and Benefits - The card offers 0% forex markup on all international spends [6] - Users can earn up to 60 Reward Points for every ₹150 spent on hotel bookings via the app, translating to an effective 10% value back [6] - For flight bookings, users can earn up to 40 Reward Points for every ₹150 spent, equating to an effective 6.6% value back [6] - Monthly spending earns up to 10 Reward Points for every ₹150 spent, providing an effective 1.66% value back [6] - Cardholders receive two domestic and two international lounge visits per quarter [6] - Up to two complimentary golf rounds or lessons are available each month [6] - A complimentary airport service is offered for annual spends of $1000 [6] - Monthly Buy-One-Get-One movie ticket offer [6] - ITC Hotels promotion: Book two nights and get the third night free [6] - Free trip cancellation cover of ₹25,000 [6] - Insurance coverage includes lost baggage, delayed flights, air accident cover of ₹1 crore, and personal accident cover of ₹10 lakh [6] Additional Features - Interest rates start at 8.5% per annum [7] - 0% interest on ATM cash withdrawals globally until the payment due date, with a fee of ₹199 per withdrawal [7] - Reward points have lifetime validity with no expiry [7] - Freedom to redeem Reward Points across any e-commerce platform or online purchase [7] - Unlimited earnings with no caps on reward point accrual [7] - Up to 10X rewards points on credit card spends above ₹20,000 per billing cycle [7] - Fuel surcharge waiver at select fuel stations [7]