IDFC FIRST Reward Points — Value in Rupees
Updated: June 2026· By PointsWallah Editorial
Quick Answer
Range: ₹0.15 (worst, catalog) to ₹0.25(best, transfer partners). Never redeem for catalog items — you lose 50-70% of your points' value.
Redemption Options — Value per Point
From worst to best. Always aim for the highest value redemption method.
| Redemption Method | Value per Point | Notes |
|---|---|---|
| Catalog redemption | ₹0.15Avoid | Limited catalog options |
| Statement credit | ₹0.20 | Best option for IDFC points |
| Amazon/Flipkart vouchers | ₹0.20Best | Same as statement credit |
Cards That Earn IDFC FIRST Reward Points
IDFC FIRST Classic Credit Card
The best lifetime free credit card in India. 2x on everything, 4x online, and 4 lounge visits — all with zero annual fee. Ever.
IDFC FIRST Select Credit Card
IDFC FIRST's premium card punches way above its weight. 4x on everything, 8x on dining and online — all for just 999/year.
IDFC FIRST Wealth Credit Card
IDFC FIRST's flagship super-premium card. 6x on everything, 10x on dining and travel, unlimited domestic lounges — a serious contender in the super-premium space.
IDFC FIRST WOW Credit Card
The easiest credit card to get in India. Zero fee, zero income requirement — designed purely for building credit history on the RuPay network.
Our Methodology
We calculate point values by comparing the cost of goods/services when paid with cash vs. when redeemed with points. For transfer partners, we use the average value of award redemptions for economy and business class flights and standard hotel nights.
Values are approximate and updated monthly. Actual value may vary based on specific redemption choices, availability, and seasonal pricing.
Frequently Asked Questions
What is 1 IDFC FIRST Bank reward point worth in rupees?
At optimal redemption, 1 IDFC reward point is worth approximately ₹0.20. The value ranges from ₹0.15 (worst, via catalog) to ₹0.25 (best, via transfer partners).
What is the best way to redeem IDFC FIRST Reward Points?
The best redemption method is "Amazon/Flipkart vouchers" at ₹0.20 per point. Avoid catalog redemption which gives the worst value.
How do I check my IDFC FIRST Bank reward points balance?
Log into your IDFC FIRST Bank net banking or mobile app. Navigate to the credit card section and look for "Reward Points" or "Points Summary." You can also call the number on the back of your card.
Disclaimer: Point valuations are approximate and based on our independent analysis. Actual redemption values may vary. Banks may change reward structures, transfer ratios, and redemption options without notice. This information is for educational purposes only and does not constitute financial advice.