IDFC FIRST Mayura
KeepZero forex and monster portal multipliers — inside a closed loop.
a year at ₹40,000 a month, after the fee
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: 12,000 RP — 4,000 on fee payment + 4,000 each on ₹20k in cycles 2 and 3 (once per customer)
Priced on the everyday mix — 30% groceries · 10% utilities · 20% travel · 6% fuel · 34% everything else — with this card's published category rules applied: it earns nothing on fuel here, so that spend is dropped, not paid at the headline, and stops pacing milestones and the waiver. Plus milestones, minus the fee. No accelerator credit — the ranking model on /compare adds ~20% of spend at the card's best accelerator, so its ₹ for this card reads higher.
How these numbers are computed — and why the rankings show a bigger one →
Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →
Pays for itself at ₹29,000 a month
At ₹29,000 a month — ₹3,48,000 a year — on the everyday mix this card returns ₹6,300 gross (earn ₹6,300) against its ₹5,999 fee = ₹300 net — the first rung at or above ₹0. The ladder runs in ₹1,000 steps to ₹1,00,000 a month and ₹10,000 steps to ₹5,00,000; figures are rounded to the hundred, and the accelerator is never credited.
2 notes on the card itself: how it is issued · the network variants
Our #1 for Government & tax — 1 of the 23 questions this desk ranks.
Mayura is one of only two IDFC cards that reach ₹0.50 a point, and only on flight and hotel bookings made through the Travel & Shop section of the FIRST app — its own rewards T&C is explicit that it is "₹0.25 everywhere else", the house value. So the rate below is DOUBLE what these points fetch as vouchers, goods or pay-with-points; earn.base marks them up to the ₹0.50 travel rung and assumes you actually book there. Points cover at most 70% of a booking, redemptions are capped at 1,50,000 points a month, and each one costs ₹99 + GST.
The take
Mayura is the best card IDFC will actually let you apply for (Gaj is invite-only, Diamond Reserve is account-gated), and its pitch is genuinely different: 0% forex markup, and app- booked hotels earning 40 points per ₹150 — a 13.3% effective rate at the ₹0.50 travel value (app flights get 25 per ₹150, ~8.3%). The honest base rate is a modest 1.7% until you cross ₹20,000 in a statement cycle, and every point lives and dies inside IDFC's own portal — there are no airline or hotel transfer partners, and the 18-Jun-2026 revision cut the hotel multiplier from 60 and the flight one from 40, capped rewards at your credit limit and put a ₹20k previous-month gate on the BOGO movie perk. Buy it as a forex + portal-booking specialist, not as a miles engine.
Your renewal — keep, downgrade or cancel
Here is the fee, the spend that clears it, and everything that has moved under this card since you last decided.
Keep, downgrade or cancel
₹5,999/yr at stake · 5 spend bands
The charge ₹5,999/yr
Break-even ₹29,000 a month — ₹3,48,000 a year — is where this card's value crosses its fee.
At your spend
−₹1,100 a year, net of the fee, at ₹3,00,000 of annual spend
₹7,400 a year, net of the fee, at ₹6,00,000 of annual spend
₹28,200 a year, net of the fee, at ₹12,00,000 of annual spend
₹99,900 a year, net of the fee, at ₹36,00,000 of annual spend
₹1,67,900 a year, net of the fee, at ₹60,00,000 of annual spend
Everyday earn plus milestones, minus the fee — the same model as the value panel above, so the two cannot disagree. run your exact spend →
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
IDFC FIRST Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and the numbers above are the whole of it.
What has changed under this card
- 9 Sep 2026 IDFC FIRST Bank zeroes forex markup on every credit card issuer-wide
- 18 Jun 2026 Mayura's app-travel multipliers cut to 40X hotels, 25X flights
- 18 Jun 2026 IDFC FIRST bolts a 24-month expiry onto reward points that were lifetime-valid issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- 0% forex markup — the real headline
- 40 RP per ₹150 on app hotel bookings ≈ 13.3% effective
- 10 RP per ₹150 above ₹20k/statement ≈ 3.3%
- 4 Indian (incl. 1 guest) + 4 global + 4 railway lounge visits a quarter, on ₹20k the previous month
- Up to 24 golf rounds/lessons a year — 4 rounds + 12 lessons free on Mastercard World, plus 2 a month unlocked at ₹20k/₹40k of prior-cycle spend
- Cancel-for-any-reason trip cover up to ₹50,000, twice a year, on flight or hotel bookings
- Buy-one-get-one on District movie tickets twice a calendar month, up to ₹500 off the second
Watch out
- Closed loop: no airline/hotel transfer partners at all
- ₹0.25/pt outside app travel bookings — half the value
- Lounge and movie perks need ₹20k spend the previous month
- 18-Jun-2026 nerf: app hotel/flight multipliers cut 60→40 and 40→25 per ₹150; no points beyond your credit limit; 1.5L/month + 3L/yr redemption caps, ₹99 fee
What these points actually fly
No live transfer route takes IDFC FIRST Reward Points into a programme that publishes an award chart. These points buy catalogue and portal redemptions, not award seats — so this page has no flight to show you, and will not invent one.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
What earns, what doesn't
13 sourced rules · 2 pay zero
- Fuel · excluded Zero RP; 1% surcharge waiver on ₹200–₹5,000 txns, cap ₹300/cycle
- Rent & property management · reduced 3 RP/₹150 vs the 5 RP/₹150 base (~1/3 off) — earns on rent, but excluded from the 10X milestone calc; IDFC's bank-wide 1% rent fee (min ₹249) applies (customer MITC)
- Wallet loads · reduced 3 RP/₹150 vs the 5 RP/₹150 base — one of only four cards of the 24 earning on wallet loads (with Ashva, StanC Ultimate and HSBC Premier)
- Utilities (electricity/water/gas) · reduced 1 RP/₹150 vs the 5 RP/₹150 base on MCC 4814/4816/4899/4900; doesn't count to ₹20k milestone; 1% fee on commercial-utility spends >₹20k/month
per IDFC FIRST Bank T&C (community-sourced) · rank every card by spend category →
Does your spend count toward the milestones?
not published — and we say which
₹8,00,000 a year is the bar for the first milestone. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. IDFC FIRST Bank states what the IDFC FIRST Mayura earns and does not earn, but has not published which spend categories count toward the milestones — the ₹8,00,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
129 of 793 tracked doors
Gate: ₹20k spend in the previous calendar month
Opens 129 of 793 tracked lounge doors across 54 airports and 19 railway stations , via DreamFolks, DreamFolks Railway — see the full map →
Can you get it?
income, age and the route in
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Direct application — no invite list, no banking relationship required.
per the official IDFC FIRST Bank MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the board by what you can get →
The fine print
7 of 7 MITC rows published
What the MITC actually says — the rates, fees and cutoffs the brochure skips.
Fee ₹5,999. One of three true 0%-forex cards here (with RBL World Safari and BOBCARD Etihad Guest Premium). Flat ₹199 cash advance (vs 2.5% elsewhere) but metal card replacement is ₹3,500 and add-ons carry annual fees. MITC effective 18-Jun-2026.
per the official IDFC FIRST Bank MITC · reviewed 10 Jul 2026
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 9 Sept 2026IDFC FIRST Bank zeroes forex markup on every credit cardA per-card markup table — Nil on a few premium cards, 1% to 3.5% on the rest → NIL on foreign-currency transactions and on dynamic and static currency conversion, bank-wide
IDFC's retail credit-card MITC, re-saved 9 September 2026, replaces the old per-card forex table with one NIL row covering foreign-currency transactions and dynamic and static currency conversion. The commercial and corporate MITCs, re-saved 7 September, print Nil or 0% for the business and corporate cards. Ashva's brochure, re-issued 10 September, says the same and also cuts that card's international earn from 5 reward points per ₹150 to 2X. A widely reported 26 October cut to international reward earning is not in any of those documents, so it is not on the cards. Cards that were already Nil — Mayura, Gaj, WOW, WOW Black, FIRST Private, Diamond Reserve — did not move.
- 18 Jun 2026Mayura's app-travel multipliers cut to 40X hotels, 25X flights
- 18 Jun 2026LIC IDFC FIRST Select's app-travel bonus cut to 20% hotels, 8% flights
- 18 Jun 2026Ashva's app-travel multipliers cut to 40X hotels, 25X flights
- 18 Jun 2026IDFC FIRST bolts a 24-month expiry onto reward points that were lifetime-valid
- 18 Jun 2026IDFC FIRST Select's 10X moves to categories, app travel bonus cut
- 18 Jun 2026Gaj stops earning past your credit limit
- 18 Jun 2026FIRST Wealth's app-travel bonus falls from 33% to 20%
Every IDFC FIRST Bank change we've dated → 11 events since 2023, 7 of them nerfs — worst year 2026.
Verified against IDFC FIRST Bank's own documents on · the net-annual-value engine, at our house ₹/point
Every document behind this page — 7 of them, each with the day we read it
- official Domestic lounge list — the 48 rooms the four quarterly visits can be spent at, addresses and terminals included
- official Product page + FAQs — (₹5,999 joining and annual, no spend waiver; 0% forex; welcome 4,000+4,000+4,000 RP once per customer; milestone ₹8L → 7,500 RP OR ₹15L → 15,000 RP)
- official Rewards T&C PDF (bonus is ADDITIVE — Base (A) 10 + Bonus (B) 30/15 = Total (A+B) 40/25 RP per ₹150 app hotel/flight)
- official Jun-2026 change notice PDF (18-Jun-2026 app bonus 20%/10% = 30/15 RP per ₹150)
- official Bank-wide MITC (₹5,999/₹5,999 with NO spend waiver; NIL forex; add-on ₹4,000 metal / ₹3,000 plastic joining and ₹2,000 annual; ₹199 cash advance; ₹99 redemption fee; ₹3,500)
- community CardInsider review
- official FIRST Digital RuPay add-on (UPI) page