LIC IDFC FIRST Select Credit Card
The LIC IDFC FIRST Select Credit Card is a mid co-branded credit card from IDFC FIRST Bank and LIC, with a joining fee of ₹0 + GST.
It earns up to 10 pts per ₹125 (≈2.0% value) on LIC spends in the form of reward points (points).
Cardholders get 2 quarterly domestic airport lounge access, plus joining benefits worth ₹3,000+ as a welcome benefit.
- Joining FeeFree
- Annual FeeFree
- Best Suited ForCo-brand rewards
- Reward TypeReward Points (points)
- 10 pts per ₹125 on lic insurance premium
- Base 1.00% on other spends
- Joining benefits worth ₹3,000+
Rewards and Benefits
- Railway lounge access — 4 complimentary railway lounge visits per quarter.
- Roadside assistance & insurance covers — Complimentary roadside assistance and insurance cover bundle.
See the math — accelerations & caps
What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.
No accelerated categories apply to the spend you entered — everything earns the base rate.
Base-rate spend
Non-accelerated spend, summarized at this card's base rate.
- Online shopping₹15,000 · 1.0% = ₹150/mo
- Groceries₹8,000 · 1.0% = ₹80/mo
- Dining & food delivery₹8,000 · 1.0% = ₹80/mo
- Fuel₹4,000 · 0.0% = ₹0/mo
- Travel & hotels₹10,000 · 1.0% = ₹100/mo
- Utilities & bills₹5,000 · 1.0% = ₹50/mo
₹5,520 rewards − ₹0 annual fee. Estimate for the spend you entered.
Fees & Charges
Product Details
- Co-branded mid card by IDFC FIRST Bank and LIC.
- Lifetime free — no joining or annual fee.
- Available on the Visa network.
- Complimentary airport lounge access: domestic (2/quarterly).
Pros & Cons
- Lifetime-free — no joining or annual fee.
- Complimentary domestic airport lounge access (2/quarterly).
- Standard forex markup of 3.50% — suboptimal for international spend.
- No rewards on fuel spends.
₹3,000 welcome benefit
- Joining benefits worth ₹3,000+On joiningWindow: 90 days from issuance.
Accelerated rewards
- 10 pts per ₹125 on lic insurance premium10X (10 RP per ₹125) on LIC insurance premium payments; 5X (base) on other spends. Bonus 20% RP on hotels / 8% on flights via IDFC FIRST app (up to 40% via Rewards Gallery).
Exclusions
The following spend categories earn no rewards on this card:
- fuel
- rent
- insurance premiums
- emi
- cash advance
Airport lounge access
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹200 and ₹5,000, capped at ₹300 per monthly.
Other benefits
- Railway lounge access. 4 complimentary railway lounge visits per quarter.
- Roadside assistance & insurance covers. Complimentary roadside assistance and insurance cover bundle.
Sources
- : www.idfcfirst.bank.in · retrieved 3 Jul 2026
Last verified 3 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 21–60
- Credit score
- 720+
- Income (salaried)
- ₹6,00,000 p.a.
- Income (self-employed)
- ₹6,00,000 p.a.