Premium Metal Travel Card — 1% Forex Markup, 12 Annual Lounges & 10X Rewards
Frequent travelers and lifestyle spenders seeking solid metal card prestige, low foreign exchange fees, and airport lounge access at an accessible fee tier.
₹2,999
One-time upfront₹2,999
Waived on ₹6 lakh annual spend5X points (5 RP per ₹150) up to ₹20,000 monthly spend; 10X points (10 RP per ₹150) on incremental spend > ₹20,000
On eligible spends4 Domestic + 2 International visits/quarter · ₹20k monthly spend required
Complimentary visitsLast verified 17 Sept 2026
Objective editorial assessment, ideal spender profile, and primary trade-offs
The IDFC FIRST Bank Ashva Metal Credit Card is designed as a bridge between accessible premium plastic cards and ultra-luxury metal offerings. Priced at ₹2,999 + GST, Ashva delivers a genuine metal form factor bundled with an ultra-competitive **1.00% Foreign Currency Markup**. By slashing the conventional 3.50% forex fee by more than two-thirds, Ashva allows travelers to make overseas purchases with confidence, saving ₹2,500 for every ₹1 Lakh spent internationally. The card provides solid airport utility: cardholders receive **12 complimentary lounge visits annually** (8 domestic lounge visits at 2 per quarter, plus 4 international lounge visits at 1 per quarter via DreamFolks), conditional upon spending ₹20,000 in the preceding month. The reward framework mirrors IDFC's popular multiplier architecture: 10X reward points on monthly spends exceeding ₹20,000 and on birthday spends, 5X on online retail spends, and 1X on base spends under ₹20,000. With 1 RP equal to ₹0.25 and no expiration dates or redemption charges, points provide dependable, hassle-free value. Additional lifestyle perks include Buy 1 Get 1 free movie ticket discounts up to ₹400 twice monthly on BookMyShow (up to ₹9,600 annual savings) and roadside assistance. While the ₹6,00,000 spend requirement for renewal fee waiver is somewhat high for a mid-tier card, Ashva's combination of metal construction, 1% forex rate, and reliable lounge allocations makes it one of the most compelling value-for-money metal cards in India.
10X Reward Points/₹150 on Incremental Spends Above ₹20,000 Per Statement Cycle. 5X Reward Points/₹150 on Spends Upto ₹20,000. 3X RPs Are Also Awarded for Rent, Wallet Load, Education, and Government Transactions
Up to 7,500 Reward Points
Base earning rates, partner merchant acceleration, redemption options, and exclusions
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| Incremental Spends Above ₹20,000 | 10X Reward Points (10 RP per ₹150) on incremental spends above ₹20,000 in a billing cycle (2.67% return on travel) | No Cap | Standard terms apply |
| Spends Above ₹20,000 / Birthday Spends | 10X Reward Points on monthly spends above ₹20,000 and on birthday (1 RP = ₹0.25) | No Cap | Standard terms apply |
| Retail Spends Up to ₹20,000 | 5X Reward Points (5 RP per ₹150) on all retail spends up to ₹20,000 per billing cycle (1.33% return on travel) | 20,000 INR (₹) / statement cycle | Standard terms apply |
| Domestic Spends Up to ₹20,000 | 5X Reward Points on domestic spends up to ₹20,000 per month | 20,000 INR (₹)/mo | Standard terms apply |
| International Spends | 5X Reward Points on international transactions | No Cap | Standard terms apply |
Calculate estimated net cashback and points across your actual spending pattern.
Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.
Customize monthly spend in each category. Category amounts sum directly to your monthly spend.
| Category / Reward Bucket | Monthly Spend | Rate | Effective Rate | Cap Period | Eligible Reward | Cap Status |
|---|---|---|---|---|---|---|
| Incremental Spends Above ₹20,000 | ₹2,000 | 10X Reward Points (10 RP per ₹150) on incremental spends above ₹20,000 in a billing cycle (2.67% return on travel) | — | None | Calculating... | Under cap |
| Spends Above ₹20,000 / Birthday Spends | ₹2,000 | 10X Reward Points on monthly spends above ₹20,000 and on birthday (1 RP = ₹0.25) | — | None | Calculating... | Under cap |
| Retail Spends Up to ₹20,000 | ₹2,000 | 5X Reward Points (5 RP per ₹150) on all retail spends up to ₹20,000 per billing cycle (1.33% return on travel) | — | ₹20,000/statement_cycle | Calculating... | Under cap |
| Domestic Spends Up to ₹20,000 | ₹2,000 | 5X Reward Points on domestic spends up to ₹20,000 per month | — | ₹20,000/monthly | Calculating... | Under cap |
| International Spends | ₹2,000 | 5X Reward Points on international transactions | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
₹3.6 lakh
12 billing cycles₹0
0% blended return-₹2,999
Standard renewal+₹0 / yr
Rewards - FeeDomestic and international lounge privileges, spend hurdles, and participating terminals
Verify this card against live departure gates and specific terminal lounges across India.
This card includes complimentary admission across verified Indian airport terminals. Check individual terminal lounges and spend criteria before you travel.
Complete breakdown of joining, renewal, forex, financing APR, and transaction charges
• Joining Fee: ₹2,999 + 18% GST (includes handcrafted metal credit card body). • Annual Renewal Fee: ₹2,999 + 18% GST from Year 2 onwards. • Spend-Based Fee Waiver: Annual fee waived on cumulative retail spends of ₹6,00,000 or more in the preceding anniversary year. • Welcome Benefit: ₹2,000 cashback on spending ₹20,000 or more within 60 days of card setup. • Foreign Currency Markup: 1.00% + GST on all overseas POS, e-commerce, and international transactions. • Reward Multipliers: 10X reward points on incremental monthly spends above ₹20,000 and birthday spends; 5X on online retail; 1X on base spends. • Point Valuation: 1 Reward Point = ₹0.25. Points never expire and carry zero redemption fees. • Domestic Lounge Access: 8 complimentary visits per year (max 2 per quarter via DreamFolks; subject to ₹20,000 spend in preceding month). • International Lounge Access: 4 complimentary international lounge visits per year (max 1 per quarter via DreamFolks; subject to ₹20,000 spend in preceding month). • Entertainment Benefit: Buy 1 Get 1 free movie ticket up to ₹400 off on BookMyShow twice per calendar month. • Roadside Assistance: Complimentary Roadside Assistance (RSA) worth ₹1,399 across India. • Finance Charges (APR): Dynamic low interest rates starting from 0.75% to 3.65% per month (9.0% to 43.8% annualized).
Evaluate whether this card's perks and waiver threshold justify its ₹2,999 renewal fee.
Income criteria, minimum age, CIBIL score benchmark, and verification checklist
Eligibility criteria not specified
Verified eligibility criteria are not currently available for this card. Check the issuer's latest terms before applying.
Common questions regarding IDFC FIRST Bank Ashva Metal Credit Card application, fees, reward redemption, and eligibility
Alternative credit cards with comparable reward rates, annual fee waivers, and perks
Direct online application on the official IDFC FIRST Bank portal with paperless verification.
Alternative credit cards with comparable reward rates, annual fee waivers, and perks
Best for: Urban families, grocery shoppers, and domestic commuters looking for accelerated rewards on departmental purchases and dependable travel lounge access.
Rewards: 1 Reward Point per ₹100 spent (0.25% return; 1 RP = ₹0.25)
Lounge access: 1 Domestic visits/quarter · ₹50k quarterly spend required
Renewal fee waived on ₹1,50,000 annual spend
Last verified 12 Oct 2026
Best for: Moderate-to-High Spenders, Zero-Forex Shoppers, Weekend Moviegoers & Domestic Travelers
Rewards: 3X on offline retail; 6X on online shopping up to ₹20,000/month; 10X on incremental spends > ₹20,000
Lounge access: 2 Domestic visits/quarter · ₹20k monthly spend required
Forex markup: 1.99% Low Forex
Last verified 2 Oct 2026
Best for: Mid-to-High Spenders, Dining & Grocery Shoppers & Domestic/International Travelers
Rewards: 2 Reward Points per Rs 100 spent
Lounge access: 2 Domestic visits/quarter + 4 International visits/year
Renewal fee waived on ₹3,00,000 annual spend
Last verified 2 Oct 2026
Best for: Ultra-high-net-worth individuals, luxury frequent flyers, and high spenders seeking the highest reward return on travel bookings in India.
Rewards: 5 Reward Points per ₹150 spent
Lounge access: Unlimited Domestic & International
Forex markup: 2% Low Forex
Renewal fee waived on ₹10,00,000 annual spend
Last verified 16 Sept 2026
Best for: Ultra-high-net-worth individuals, conglomerate chairpersons, family office principals, and top executives demanding bespoke global lifestyle privileges.
Rewards: 1 EDGE Mile/₹100 Spent on All Transactions
Lounge access: Unlimited Domestic & International
Forex markup: 1.5% Low Forex
Last verified 3 Oct 2026
Best for: Utility Bill Payers, Google Pay Users & Everyday Dining, Grocery and Cab Spenders
Rewards: 5% on Google Pay bills, 4% on Swiggy/Zomato/Ola, 1.5% elsewhere
Lounge access: 1 Domestic visits/quarter · ₹50k quarterly spend required
Renewal fee waived on ₹2,00,000 annual spend
Last verified 2 Oct 2026
Deep-dive comparisons, reward calculations, and editorial reviews from our research desk
IDFC FIRST Bank has announced zero forex markup across its credit card portfolio, while international spends are set to continue earning applicable reward points according to Moneycontrol reporting. CardRecommend breaks down the fee savings, currency conversion mechanics, DCC risks, and a key documentation discrepancy on reward exclusions.
