IDFC First Bank Slashes Credit Card Benefits: Rewards, Lounge Access Reduced

• IDFC First Bank has significantly reduced benefits across most credit cards, including premium Mayura and Ashva, with some changes effective from 2026.
• International transaction rewards on Ashva and Mayura cards cut from 10X to 5X, unless monthly spend exceeds ₹20,000.
• Lifetime free cards (Classic, Select, Wealth) now earn 1 reward point for every ₹200 spent, a 25% reduction from ₹150.
• Airport lounge access for IDFC FIRST Select card reduced to one free domestic visit quarterly from April 2026, requiring ₹20,000 monthly spend.
• FASTag recharges and railway expenses now yield only 1X reward points; surcharges apply for high spending in these categories.

Why It Matters: IDFC First Bank has reduced credit card rewards and benefits, impacting international spenders and lounge access.