IDFC FIRST Bank zeroes forex markup on every credit card
IDFC's retail credit-card MITC, re-saved 9 September 2026, replaces the per-card forex table with one NIL row for foreign-currency transactions and for dynamic and static currency conversion.
IDFC FIRST Bank re-saved its retail credit-card MITC on 9 September 2026 and replaced the old per-card forex table with one line: NIL on foreign-currency transactions and on 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 about forex 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.
Source: IDFC FIRST Bank retail credit-card MITC, re-saved 9 September 2026.