IDFC First Bank Slashes Credit Card Benefits: Major Changes for Mayura, Ashwa Users

• IDFC First Bank reduces international spending reward points for Mayura and Ashwa cards from 10X to 5X, effective January 18, 2026.
• Cardholders will lose reward points for a billing cycle if the minimum payment is not made by the due date.
• Lifetime free cards (Classic, Select, Wealth) see reduced reward rates and adjusted point values; 10X points only for spending above Rs. 20,000/month.
• Airport lounge access for Select and Wealth cards will be significantly cut from April 2026, offering only 1 domestic access per quarter for Select.
• New Fair Use Policy limits points on FASTag and railway expenses but offers bonus points for hotel and flight bookings via the IDFC First Bank app.

Why It Matters: IDFC First Bank significantly reduces benefits across premium and lifetime free credit cards, impacting users.