IDFC First Bank
IDFC First LIC Classic Select Credit Card
Best for LIC policyholders
₹750/yr annual fee
By FinWiz24 Research Desk · Last reviewed · How we review
FinWiz24 Research Desk
Verified independently against issuer Terms & Conditions
Editorial Team
Annual fee
₹750/yr
Reward rate
Not published
Min. income
₹2,00,000
Forex markup
Not published
Lounge access
None
Eligibility
₹2 lakh/yr · CIBIL 700+
Reward cap
No cap
Welcome benefit
None beyond the reward rate
Who is this for
- LIC policyholder
- Insurance payer
What we like
- 1% on everything
- 2% on insurance
Watch out for
- Rs 750 annual fee
Issuer
Headquarters
Mumbai, Maharashtra
Established 2015
Website
www.idfcfirstbank.comFees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹750 | Not waivable |
| Annual fee | ₹750 | Waived on Rs 3 lakh annual spend |
| Late payment | ₹500 | Not waivable |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 1.00 | No cap | 1.00 |
| INSURANCE | 2.00 | ₹300/month | 1.00 |
Benefits
-
LIC benefits Highlight
Special benefits for LIC policyholders
-
Insurance cashback Highlight
2% cashback on insurance premium payments
-
Fuel surcharge waiver
1% waiver on fuel transactions Rs 500-3,000
Eligibility
- Age
- 21–65 years
- Min. income
- ₹2,00,000
- Min. credit score
- 700+
- Score note
- Good credit history
- Employment
- Salaried, self-employed
- Documents
- PAN, Aadhaar, salary slips / ITR, LIC policy
IDFC First LIC Classic Select Credit Card is a VISA credit card from IDFC First Bank. It is best suited for LIC policyholders.
Fees and rewards
- Annual fee: Rs 750
- Joining fee: Rs 750
- Rewards: 1% cashback on all purchases; 2% on insurance premiums
Eligibility
PAN, Aadhaar, salary slips / ITR, LIC policy
Card data compiled from issuer published fee schedules. Status: active.
Apply for IDFC First LIC Classic Select Credit Card
Last reviewed · How we review
FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.
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Frequently asked questions
Is the IDFC First LIC Classic Select Credit Card worth it?
What is the annual fee for the IDFC First LIC Classic Select Credit Card?
How does the IDFC First LIC Classic Select Credit Card reward rate work?
What are the eligibility requirements for the IDFC First LIC Classic Select Credit Card?
Does the IDFC First LIC Classic Select Credit Card offer airport lounge access?
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Disclaimer: Card details are based on publicly available issuer schedule of charges. Eligibility and approval are at the issuer’s sole discretion. FinWiz24 does not guarantee card approval or specific terms. Always read the issuer’s terms and conditions before applying.
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