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IDFC First Hello Cashback Credit Card: Fees, Rewards & Benefits

Travel card

Vyaya Team · Aug 2026
5 min read
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Value Score
9.0 / 10
Annual Fee
₹1,000
Best For
Online Shopper, FD-Backed Cardholder
Network
RuPay
Expert Verdict

The IDFC First Hello Cashback is a low-fee, FD-backed cashback card offering up to 5% on online spends (capped) and rich bundled insurance. The 1% base rate, monthly cap, lack of lounges and 3.5% forex markup mean it pays off mainly for online shoppers who can hit the Rs 2 lakh waiver.

IDFC FIRST BANKRuPay
IDFC First Hello Cashback
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REWARD SUMMARY
1% Base Rewards
Travel card
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The Bottom Line

The IDFC First Hello Cashback is built for online shopper and fd-backed cardholder. With a ₹1,000 annual fee that is waived on ₹2,00,000 yearly spend, it offers 3% rewards on online and airport lounge access. It makes the most sense if your spending matches online shopper and fd-backed cardholder.

It earns a base reward rate of 1% and stacks best when your spending lines up with Online Shopper, FD-Backed Cardholder. The renewal fee gets easier to justify once you can hit ₹2,00,000 in yearly spend.

What we like
+Cashback is worth Rs 1 each, with accelerated online earning of up to 5% on online spends (capped at 1,000 cashback a month)
+Low Rs 1,000 joining and Rs 1,000 annual fee, waived on spends of Rs 2,00,000
+Strong bundled insurance: Rs 2 lakh personal accident, Rs 50,000 credit shield, Rs 25,000 purchase protection and Rs 25,000 lost-card liability
+FD-backed structure means the underlying fixed deposit keeps earning interest while the credit limit equals 100% of the FD
+Complimentary roadside assistance worth Rs 1,399, up to 4 times a year
What we don't
Base cashback is only 1% (1 per Rs 100) on non-online spends
No airport lounge access at all
Essential categories (utilities, education, insurance, rent, government, FASTag, railway) earn just 1% and are excluded from the accelerated online tiers
High 3.5% foreign currency markup

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
Online Shopper

Users with heavy online spending who can capture up to 5% cashback (within the 1,000-a-month cap) and clear the Rs 2 lakh fee waiver

+
FD-Backed Cardholder

Those wanting a secured card whose fixed deposit continues earning interest while providing the credit limit

Probably not for

Skip
Lounge Seeker

Travellers wanting lounge access, which the card does not provide

Bill-Heavy Spender

Those spending mostly on utilities, rent or insurance, which earn only the 1% base rate

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Annual fee-₹1,000
Net Value (Year 1)-1,000
Net Value (Year 2+)-1,000
Progress to fee waiver0%

Spend ₹2,00,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

IDFC First Hello Cashback offers 1% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Online
3%
Online
5%
IDFC FIRST Bank app (Travel)
1%

Welcome Offer

Welcome Benefit

Fees & Charges

Joining fee₹1,000
Annual fee₹1,000
Fee waiverSpend > ₹2,00,000

Eligibility

  • FD-backed secured card; min FD of ₹10,000; no income proof or credit score required; age 18–80; annual fee ₹1,000 (waived on ₹2L spend).

Exclusions & Terms

Forex markup

  • Foreign currency markup

EMI Transactions

  • Excluded from cashback and from annual fee-waiver spend calculation.

Cash Advances / Cash Withdrawals

  • Excluded from cashback and from annual fee-waiver spend calculation.

Frequently Asked Questions

2 data-backed answers from our card database

What is the annual fee of the IDFC First Hello Cashback?+

The IDFC First Hello Cashback has an annual fee of ₹1,000, waived on annual spends of ₹200,000.

What rewards does the IDFC First Hello Cashback offer?+

It earns Cashback, with accelerated earning on Travel, Online Shopping.

Ready to apply?

₹1,000 annual fee. Apply on the IDFC First Bank website.

Apply on IDFC First Bank

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