IDFC First Bank has introduced the First Earn credit card, a unique card that enables users to make UPI payments and offers rewards and cashback on transactions. To obtain the card, customers need to make a fixed deposit with the bank. The card allows users to pay using UPI, which is a convenient and popular mode of payment.
The card offers attractive benefits, including 100% cashback on the first UPI transaction, up to Rs. 500, within 15 days of card activation. After that, users can earn 1% cashback on UPI payments and 0.5% cashback on other payments such as bill payments or online shopping. Additionally, the card offers a 25% discount, up to Rs. 100, on movie ticket bookings.
The card also provides accident insurance, covering up to Rs. 2 lakh in case of an emergency. Furthermore, users can scan over 60 million QR codes for payments using the card. The First Earn credit card is an excellent option for individuals who frequently use UPI and want to earn rewards while making payments.
Overall, the IDFC First Earn credit card offers a range of benefits that make it an attractive choice for customers who value convenience, rewards, and insurance. The card’s UPI payment functionality, cashback offers, and insurance coverage make it a unique and valuable product in the credit card market.