New Credit Card Rules | September brings new credit card regulations, including a cap on reward points for utility transactions by HDFC Bank and changes in payment schedules by IDFC First Bank. These updates will influence how cardholders earn and utilize rewards.
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CNBC TV1829-12-2025, 12:52

IDFC FIRST Bank Unveils Exclusive 'Gaj' Metal Credit Card for Elite Clients

  • IDFC FIRST Bank launched 'Gaj', an invitation-only metal credit card for select private banking customers.
  • It's the final premium offering in the bank's Ashva-Mayura-Gaj metal credit card trilogy.
  • Features include zero foreign exchange markup, interest-free global ATM cash access, and reward points.
  • Annual fee of ₹12,500 + GST, waived on ₹10 lakh annual spends, with initial reward points to offset.
  • Offers extensive travel and lifestyle privileges like lounge access, trip cancellation cover, and golf benefits.

Why It Matters: IDFC FIRST Bank's 'Gaj' card is an exclusive, feature-rich metal credit card for its high-net-worth clients.

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