IDFC FIRST Bank • Premium metal, zero forex markup and lounge access at half the Mayura fee.
By Deepak • Co-founder, Credwiser
Figures checked against the issuer's official MITC • Last verified 21 October 2026 • How we score
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Ashva is the more accessible of IDFC FIRST Bank's two metal cards. It keeps the traveller friendly core of the range, including zero forex markup on purchases, and adds 4 domestic and 2 international lounge visits every quarter, unlocked by spending Rs. 20,000 in the previous month. Rewards run at 5X points per Rs. 150 up to Rs. 20,000 of monthly spends and 10X above that, the same structure as its bigger sibling, though a point here is worth Rs. 0.40 on travel bookings through the bank's app and Rs. 0.25 on other redemptions. Points never expire while the card is active. The fee is Rs. 2,999 plus GST, payable upfront on approval before the card is dispatched, with up to 7,500 points as a joining benefit spread across the first three statement cycles. A milestone of 7,500 points at Rs. 8 lakh of annual spends helps regular users, but there is no spend based fee waiver. Extras include a buy one get one movie offer up to Rs. 400 twice a month via District, trip cancellation cover up to Rs. 25,000, travel insurance and golf rounds that unlock with monthly spends. Note the bank has flagged a change from 26 October 2026, after which international spends earn 2X points instead of 5X.
Joining and annual fee Rs. 2,999 plus GST, joining fee payable upfront on approval before dispatch. Zero forex markup on purchases; international ATM withdrawals attract 1 percent forex markup plus a cash advance fee of Rs. 199 plus GST per transaction. Reward Points: 1 point per Rs. 150 base unit, 5X up to Rs. 20,000 per statement cycle and 10X above it, 3X on rent, education, government and wallet loads, 1X on insurance, utilities, railways and FASTag, and no points on fuel, EMI, cash withdrawals and fees. Point value Rs. 0.40 on travel bookings via the IDFC FIRST app and Rs. 0.25 on other redemptions. Lounge access unlocks on Rs. 20,000 spends in the previous month. As per the bank's product page, from 26 October 2026 international spends earn 2X Reward Points.
Last verified against MITC: 21 October 2026
Zero on purchases, both abroad and on international websites. Only international ATM cash withdrawals attract a 1 percent forex markup, along with a cash advance fee of Rs. 199 plus GST per transaction.
Spend Rs. 20,000 or more in a calendar month and the lounge benefit becomes available in the next month: 4 domestic visits and 2 international visits per quarter.
No. There is no fee waiver on Ashva. On spends of Rs. 8 lakh or more in an anniversary year you earn a milestone of 7,500 Reward Points, credited when you pay the next annual fee.
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