If you are looking for a lifetime-free credit card with cashback on online, UPI and offline transactions, the IDFC FIRST Quantum Plus Credit Card can be an option worth considering. The card comes with zero joining fee and zero annual fee, making it attractive for users who want to keep a credit card without worrying about recurring card fees.
One of its key highlights is its cashback structure. Cardholders can earn up to 2% cashback on eligible online spends, along with 1% cashback on eligible UPI Scan & Pay and offline transactions when the applicable conditions are met.
The card also offers an additional cashback benefit on eligible flight and hotel bookings made through the IDFC FIRST Bank Mobile App.
If these features match your spending habits, you can check the offer and proceed with the application through the official IDFC FIRST Bank credit card page.
IDFC FIRST Quantum Plus Credit Card: Key Highlights
| Feature | Details |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Online Cashback | Up to 2% |
| UPI & Offline Cashback | 1% on eligible transactions |
| Utility & Other Eligible Payments | 0.5% cashback |
| Additional Travel Cashback | 1% bonus cashback on eligible hotel and flight bookings through IDFC FIRST Bank Mobile App |
| Personal Accident Insurance | Up to ₹2 lakh |
| Credit Limit | Up to 100% of eligible FD value |
| New to Credit | Allowed |
Lifetime Free – No Joining or Annual Fee
One of the biggest advantages of the IDFC FIRST Quantum Plus Credit Card is its lifetime-free structure.
The card has:
- ₹0 joining fee
- ₹0 annual fee
This means eligible customers can hold the card without paying a recurring joining or annual membership fee.
For someone looking for a credit card primarily for everyday transactions and cashback, the absence of these fees can make the card easier to maintain.
Earn Up to 2% Cashback on Online Spends
The card provides a tiered cashback structure for eligible online transactions.
You can earn:
- 1% cashback on online spends up to ₹10,000 per statement cycle
- 2% cashback on incremental online spends above ₹10,000
The total cashback is capped at ₹500 per statement cycle.
For example, if your eligible online spending crosses ₹10,000 during a statement cycle, the incremental spending above that threshold can qualify for the higher cashback rate, subject to the applicable terms and cashback cap.
This structure may be particularly useful for customers who regularly make online purchases using their credit card.
Get 1% Cashback on Eligible UPI and Offline Spends
The IDFC FIRST Quantum Plus Credit Card also provides 1% cashback on eligible UPI Scan & Pay transactions made through the IDFC FIRST Bank Mobile App.
Eligible in-store POS and contactless transactions can also earn 1% cashback.
However, there is an important condition to remember: UPI transactions made through third-party apps are not eligible for this cashback benefit.
Therefore, customers should understand the eligible transaction channels before using the card for UPI payments.
Additional 1% Bonus Cashback on Flight and Hotel Bookings
Frequent travellers can get an additional benefit when booking eligible hotels and flights through the IDFC FIRST Bank Mobile App.
The card offers an additional 1% bonus cashback on eligible hotel and flight bookings made through the bank’s mobile application.
If you already use the IDFC FIRST Bank app for travel bookings, this benefit can provide an additional reason to consider the card.
0.5% Cashback on Other Eligible Payments
The card also provides 0.5% cashback on eligible payments in categories including:
- Utility payments
- Insurance payments
- Wallet transactions
- Rent payments
- Jewellery payments
- Government service payments
The applicable eligibility rules and exclusions should be checked before making a transaction, as cashback can depend on the transaction category and the card’s terms.
Personal Accident Insurance Cover of Up to ₹2 Lakh
Another feature of the card is personal accident insurance cover of up to ₹2,00,000.
Insurance benefits are subject to the applicable policy terms, conditions, exclusions and eligibility requirements. Customers should review the detailed insurance terms to understand the scope of the coverage.
Credit Limit Linked to FD Value
The IDFC FIRST Quantum Plus Credit Card can offer a credit limit of up to 100% of the eligible Fixed Deposit (FD) value, subject to applicable bank policies and eligibility.
This feature can be useful for individuals who are new to credit or are looking to build their credit profile through a secured credit card arrangement.
New to Credit? You Can Apply
The eligibility information provided for the IDFC FIRST Quantum Plus Credit Card states that new-to-credit applicants are allowed.
This can make the card worth considering for individuals who do not have an established credit history but want to start using a credit card.
Approval, however, remains subject to the bank’s applicable eligibility and verification process.
IDFC FIRST Quantum Plus Credit Card Fees and Charges
The card has the following key fees:
- Joining Fee: Nil
- Annual Fee: Nil
While the card is lifetime-free on these charges, customers should still review the complete schedule of charges for other applicable services or transactions before applying.
How to Apply for the IDFC FIRST Quantum Plus Credit Card
If you have reviewed the benefits and believe this card fits your spending requirements, applying online can be straightforward.
Step 1: Click on Apply Now
Click the Apply Now button provided on this page to proceed to the IDFC FIRST Bank credit card application page.
Step 2: Complete the Application
You will be redirected to the IDFC FIRST Bank Credit Cards page, where you can complete the required application details.
Step 3: Complete the Application in the Same Session
As specified for the offer, make sure you complete the application in the same session after being redirected.
Ready to check your eligibility?
Is the IDFC FIRST Quantum Plus Credit Card Worth Considering?
The card may be worth considering if your priorities include zero joining and annual fees, cashback on online spending, UPI and offline transactions, and additional travel-related cashback.
The online cashback structure can be especially relevant for people whose eligible online spending exceeds ₹10,000 in a statement cycle. At the same time, the ₹500 cashback cap means customers should not assume that every rupee of online spending will continue earning cashback at the highest rate.
Similarly, UPI cashback has specific transaction-channel requirements, so users should understand where the cashback applies before making payments.
Ultimately, the right credit card depends on your spending pattern, eligibility and the applicable terms and conditions.
Frequently Asked Questions
1. Is the IDFC FIRST Quantum Plus Credit Card lifetime free?
Yes. The card has no joining fee and no annual fee, as per the provided card details.
2. How much cashback can I earn on online spending?
You can earn 1% cashback on eligible online spends up to ₹10,000 per statement cycle and 2% cashback on incremental eligible online spends above ₹10,000, subject to a total cashback cap of ₹500 per statement cycle.
3. Does the card offer cashback on UPI transactions?
Yes. The card offers 1% cashback on eligible UPI Scan & Pay transactions made through the IDFC FIRST Bank Mobile App. UPI transactions through third-party apps are not eligible for this cashback.
4. Does it offer cashback on offline transactions?
Yes. Eligible in-store POS and contactless transactions can earn 1% cashback.
5. Is there cashback on hotel and flight bookings?
Yes. The card provides an additional 1% bonus cashback on eligible hotel and flight bookings made through the IDFC FIRST Bank Mobile App.
6. Can new-to-credit customers apply?
Yes. New-to-credit applicants are allowed, subject to the bank’s applicable eligibility and approval process.
7. What is the credit limit on this card?
The credit limit can be up to 100% of the eligible FD value, subject to applicable terms and bank policies.
8. Does the card provide insurance coverage?
Yes. The card offers personal accident insurance cover of up to ₹2,00,000, subject to applicable terms, conditions and exclusions.
9. What is the joining fee?
The joining fee is Nil.
10. What is the annual fee?
The annual fee is Nil, making the card lifetime-free on these charges.
Final Takeaway
The IDFC FIRST Quantum Plus Credit Card combines a lifetime-free fee structure with cashback across several everyday spending categories. Its key attractions include up to 2% cashback on eligible online spends, 1% cashback on eligible UPI and offline transactions, additional cashback on eligible hotel and flight bookings, and personal accident insurance cover.
If you are looking for a card that can potentially help you earn cashback without a joining or annual fee, this card is worth checking against your spending needs.
Check the offer and start your application today by clicking the Apply Now button.
Disclaimer: Credit card approval, credit limit, cashback eligibility and other benefits are subject to the issuer’s applicable terms, conditions, policies and eligibility criteria. Cashback categories, exclusions, caps and transaction requirements may apply. Please review the latest terms on the IDFC FIRST Bank credit card page before applying.
