Mumbai,
6th January 2026 : IDFC FIRST Bank today announced the launch
of Zero-Forex Diamond Reserve Credit Card, a premium travel and
lifestyle offering primarily for affluent global travellers who would like to
get a proposition of Zero Forex Markup, travel lounges, accelerated
travel rewards and lifestyle privileges.
The
key travel and lifestyle features of the Diamond Reserve Credit card are:
●
0% forex markup on all
international spends.
●
Earn up to 60 Reward Points for every
₹150 spent on hotel bookings via the app. With each Reward Point valued
at ₹0.25, that’s ₹15 back on every ₹150 spent—an effective 10% value
back on hotel stays.
●
Earn up to 40 Reward Points for every
₹150 spent on flight bookings via the app. That’s ₹10 back on every ₹150
spent—an effective 6.6% value back on flight bookings.
●
Earn up to 10 Reward Points for every ₹150
spent on monthly spends. With each Reward Point valued at ₹0.25, that’s
₹2.5 back on every ₹150 spent—an effective 1.66% value back.
●
2 domestic lounge
visits and 2 international lounge visits per quarter
●
Up to 2
complimentary golf rounds or lessons per month
●
One Complimentary Meet and Greet Airport
service on annual spends of USD 1,000
●
Buy-One-Get-One
movie ticket every month
●
ITC Hotels: Book 2 nights and get the 3rd
night free
●
Free trip cancellation cover of Rs.
25000
●
Insurance cover for lost baggage, delayed
flights, Air Accident cover of Rs. 1 crore, Personal accident cover of Rs. 10
lakhs
Other
Special Unique features of IDFC FIRST Credit Cards continue to apply as
follows:
●
Dynamic interest rates starting at 8.5% p.a.,
among the lowest in the category
●
0% Interest on ATM
Cash withdrawal globally till payment due date. Nominal fee ₹199 per
withdrawal.
●
No expiry of reward
points- Lifetime validity.
●
Freedom to redeem
Reward Points across any e-commerce or online purchase.
●
Unlimited earning —
no caps or artificial limits on reward point accrual
●
Up to 10X rewards points on
Credit Card spends above Rs. 20,000 per billing cycle
●
Fuel surcharge waiver at select fuel stations
Priced
at ₹3,000 + GST, the Diamond Reserve Credit Card delivers a compelling
premium proposition with an annual fee waiver at ₹6 lakh annual spends,
making it effectively free from the second year onwards.
Shirish
Bhandari, Head – Credit Cards, FASTag & Loyalty, IDFC FIRST Bank,
said: Diamond Reserve is an ideal choice for customers with significant
international travel exposure, who want a premium card that works seamlessly
both overseas and in India. With zero forex mark-up, a strong travel-led
rewards proposition, and an annual fee waiver at ₹6 lakh spends, it becomes a
natural companion and the primary card for global travel and lifestyle.
How
to apply: The Diamond Reserve Credit Card is now
available for eligible customers and can be applied for digitally via the IDFC
FIRST Bank website or mobile app.
Click
the below link to access the complete information and apply: https://www.idfcfirst.bank.in/credit-card/diamond-reserve-credit-card
About
the Bank
- Vision: To build a world-class Bank in India,
founded with principles of Ethical, Digital, and Social Good Banking. - Scale: IDFC FIRST Bank is one of India’s
fast-growing private banks, building its UI, UX, and tech stack like a
fintech. As of September 30, 2025, the Bank serves 35 million customers,
with a customer business of Rs. 5,35,673 crore ($60.4b) comprising
customer deposits of ₹2,69,094 crores ($30.3b) and loans & advances of
₹2,66,579 crores ($30.0b). Customer deposits grew 23.4% YoY and loans
19.7% YoY. We reach over 60,000 cities, towns, and villages, operate
through 1,041 branches. - Scope: We are a universal Bank offering
complete range of services, including NRI, Retail, MSME, Rural, Startups,
Corporate Banking, Cash Management, Credit Cards, Wealth Management,
Deposits, Government Banking, Working Capital, Trade Finance, and Treasury
solutions. - Ethical Banking: We are committed to doing right even when
customers are not watching. We have simplified descriptions, calculations,
and legal jargon to avoid confusing customers. - Digital Banking: The Bank’s modern
technology stack delivers high-quality services across all channels like
mobile, branch, internet banking, call centers, and relationship managers.
Built on cloud-native, API-led, microservices architecture, supported with
data, analytics, AI, and fine aesthetics, we strive to deliver
fintech-grade experiences on banking platform. - Social Good: We work for society. We have financed 40
million loans including 3.6 million women entrepreneurs. We have financed
over 7.5 million lifestyle improvement loans (for laptops, washing
machines, refrigerators etc. that enhance the quality of life of middle
class), 2.5 lakh electric 2W and 3W vehicles, 2.7 lakh water, sanitation,
and hygiene loans, 2 million livelihood (cattle) loans, and over 300,000 SMEs.
On deposits, we provide access of premium investment research, which is
usually reserved for the wealthy, even to those holding balances as low as
₹5,000, even to Rural India. Our ESG scores are high and improving. - Customer Friendly Banking:
We make banking easy by having a customer first approach. We have waived
fees on 36 essential savings account services which are commonly charged
in the market, the first and only bank in India to do so. We create “pull”
products that customers actively seek out. - Governance: We adhere to regulatory guidelines in
letter and spirit and actively work with regulators to make things better.
We take pride in maintaining highest levels of corporate governance. - Shareholders: We are building a diversified universal
banking portfolio designed to deliver consistent ROE of 16%+. - Employees:
IDFC FIRST Bank is designed to be a happy place to work, with cutting-edge
roles, meaningful growth opportunities, and a culture of meritocracy.
Compensation is healthy, efforts are recognized, and employees experience
the pride and excitement of creating a world-class Bank in India.
