IDBI Bank Credit Cards

Top Picks

Best ForCard Name
FuelNo particular card for fuel.
TravelIDBI Bank Euphoria World Card, IDBI Bank Rupay Winnings Card
FamilyIDBI Bank Aspire Platinum Card
PremiumNo particular card for premium.
Frequent SpendersIDBI Bank Royale Signature Card

Best IDBI Bank Credit Card for Travel

IDBI Bank Euphoria World Card

Benefits

IDBI Bank Euphoria Card comes with a joining benefit of Rs. 1000 and offers reward value of upto Rs. 1.50 against each Rs. 100 spending. Moreover, you get access to Mastercard domestic lounges, lost card liability cover, and conditional annual fee waiver along with accidental death cover of Rs. 25 Lacs.

Drawbacks

In order to earn the joining benefit of Rs. 1000, your first transaction must be of minimum Rs. 1000. Moreover, the annual fee of Rs. 1499 is quite high against no renewal benefits.

Bottomline

Though, you don’t get any renewal benefits on the card, you can simply get your annual fee waived off by spending only Rs.12,500 monthly. With a low interest rate of only 2.90% per month, complimentary lounge access and incremental reward benefit on travel bookings, it seems like a good fit for a traveler.

Best IDBI Bank Credit Card for Travel Runner’s Up

IDBI Bank Rupay Winnings Card

Benefits

This card offers flat savings of 10% as a joining benefits and offers reward value of Rs. 0.50 on spending of each Rs. 100. Moreover, you earn double reward value on all your eligible expenses in your birthday month. Additionally, you can earn reward value of Rs. 125 on monthly milestone spending criteria.

Apart from the reward benefits, you get complimentary domestic lounge access and insurance protection covers.

Drawbacks

This is a Rupay Card, means this card will not be valid for any international transaction and comes with high APR of 40.8%.

Bottomline

The card does offer average benefits, unless you’re a frequent air traveler. The annual fee of Rs. 899 is a bit high as per the benefits offered, for non-traveler; However, you can easily avail annual fee waiver by spending Rs. 7500 monthly on the card. Apart from that, the high APR makes it hard to choose.

Best IDBI Bank Credit Card for Frequent Spender

IDBI Bank Royale Signature Card

Benefits

The Royale Signature card comes free of cost for the first year and offers conditional welcome benefit of up to Rs. 187.50. You can earn reward value of Rs. 0.75 on spending of each Rs. 100 on the card. Moreover, you get complimentary access to domestic lounges along with accidental death cover.

Drawbacks

The card doesn’t offer any renewal benefits against annual fee of Rs. 1499 along with no provision of annual fee waiver.

Bottomline

Although, the card becomes heavy on the cardholder’s pockets from the 2nd year, it comes with low APR of 30%. If you are not a frequent spender, then you should skip this card.

Best IDBI Bank Credit Card for Family

IDBI Bank Aspire Platinum Card

Benefits

This card comes free of cost for the first year and offers conditional joining benefits of upto Rs. 125 along with reward value of Rs. 0.50 on spending of each Rs. 150.

Drawbacks

The card doesn’t offer any exclusive benefits other than the regular reward value and fuel surcharge waiver.

Bottomline

In order to earn benefit equal to the annual fee on the card, you have to spend Rs. 12,500 monthly on the card. Unless you make all your expenses on the card, it is hard to retain a good benefit on it, which makes it a good fit for a family card, where monthly expenses easily reaches the minimum beneficial expense criteria.

View Other IDBI Credit Card

IDBI Imperium Platinum Credit Card

This is a secured credit card offered by IDBI Bank, which can be availed against a minimum fixed deposit value of Rs. 20,000. The card is average on reward value with Rs. 0.50 against each Rs. 150 spending. It comes with an annual fee of Rs. 499 which can be easily waived off by spending Rs.6300 monthly on the card, and offers low APR of 34.80%.

However, you don’t get any privileges on the card such complimentary lounge access or fuel surcharge waiver.

Eligibility Criteria

  • Applicant should be a resident Indian, except in case of IDBI Imperium Platinum Card.
  • The minimum age of an applicant should not be less than 21 years.
  • The maximum age of a salaried applicant should not be more than 60 years and must not be more than 65 years for self-employed applicants.
  • The minimum age of an add-on cardholder should not be less than 18 years.
  • Minimum Fixed Deposit Amount for IDBI Imperium Platinum Card should be at least Rs. 20,000.
  • Maximum 5 Fixed Deposit Account can be clubbed together to be eligible for IDBI Imperium Platinum Card.

Documentation

  • Passport Size Photographs
  • Latest 3 months’ Salary Slip and Latest 3 months Bank Statement along with Income Tax Returns (ITR)/Form 16
  • KYC Documents

IDBI Bank Credit Cards Reward Points – Earn & Burn

SpendsEuphoria World CardAspire Platinum CardRoyale Signature CardImperium Platinum CardWinnings Card
Dining3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
Departmental Stores3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
Grocery Stores3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
Travel6 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
Entertainment3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
Utility Bill Payment3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
FuelNilNilNilNilNil
Online Shopping3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
Partners3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100
International3 Delight Points on every Rs. 1003 Delight Points on every Rs. 1002 Delight Points on every Rs. 1502 Delight Points on every Rs. 1502 Delight Points on every Rs. 100

IDBI Bank Credit Card Bill Payment

IDBI Bank offers multiple methods to IDBI credit cardholders to pay  their idbi bank credit card bills on time. These methods include both online as well as offline methods. Here are the various methods to pay your IDBI Bank Credit Card Bills Online as well as Offline.

IDBI Bank Credit Cards – Fees & Charges

Euphoria World CardAspire Platinum CardRoyale Signature CardImperium Platinum CardWinnings Card
Finance Charges2.90% per month2.90% per month2.50% per month2.90% per month3.40% per month
Cash advance fee2.5% of the withdrawal amountMin Rs. 3002.5% of the withdrawal amountMin Rs. 3002.5% of the withdrawal amountMin Rs. 3002.5% of the withdrawal amountMin Rs. 3002.5% of the withdrawal amountMin Rs. 300
Annual feeRs. 1499Rs. 499Rs. 1499Rs. 499Rs. 899

Other Charges

ChargeAmount
Foreign transaction fee3.5% foreign currency markup
Late FeeZero to Rs. 750
Minimum Payment5% of the outstanding amountMin Rs. 200
Over-limit fee2.5% of the transaction amountMin Rs. 500
Returned payment feeRs. 225
EMI Conversion Charges13% per annum interest with zero processing charges
Balance Transfer Charges2.9% per month interest with a processing fee equal to 1.5% of the transfer amount or min Rs. 199.

How To Apply for IDBI Bank Credit Card?

  • Select a IDBI Bank Credit Card as per your preferences given above.
  • Click on “Apply Now” and fill the Online Application Form. You’ll be asked to provide some personal details such as your Address, Contact, Income, Employer Details, Educational Qualifications.
  • Check the details and Submit

You’ll receive a confirmation message from IDBI Bank after completion of the application form.

Note: If your application got rejected, you would be able to apply after 3 months of your previous application.

Leave a reply:

Your email address will not be published.

Site Footer