Secured Premium Metal Card with 0% Forex Markup and Guaranteed Issuance
International travelers, overseas online shoppers, and affluent consumers seeking a luxury metal card with guaranteed approval and zero forex markup.
₹750
One-time upfront₹750
Waived on ₹1 lakh annual spend4X points on online, offline, and international spends; 1X on utilities/insurance
On eligible spends1 Domestic visits/quarter · ₹20k monthly spend required
Complimentary visitsLast verified 3 Oct 2026
Objective editorial assessment, ideal spender profile, and primary trade-offs
The IDFC FIRST WOW! Black Credit Card elevates the secured card category into a genuine luxury proposition. Crafted in sleek metal, it is issued with 100% guaranteed approval against a term fixed deposit (minimum ₹20,000 up to ₹1,00,000+), eliminating the need for income proofs, salary slips, or historical credit records. What sets WOW! Black apart is its international travel utility: it features a genuine 0.00% foreign exchange markup on all international transactions, making it an exceptionally cost-effective card for overseas vacations, foreign university fee payments, and international digital subscriptions. At the same time, cardholders enjoy a 100% credit limit against their deposit while the underlying fixed deposit continues earning up to 7.5% annual interest. Cardholders earn 3X reward points on all domestic retail spends, with points that never expire (1 reward point = ₹0.25, giving a 0.75% return). The card also provides 1 complimentary domestic airport lounge visit per calendar quarter upon spending ₹20,000 or more in the preceding month, and a low revolving interest rate starting at just 2.49% per month (9% to 30% APR). The annual fee of ₹750 plus GST is completely waived upon spending ₹1,00,000 annually. For international travelers looking for a metal card with 0% forex fees and guaranteed issuance, this card is an extraordinary financial instrument.
4 RPs/₹150 Spent Online/Offline. 1 RP/₹150 Spent on Insurance and Utility Payments. Up to 3 RPs/₹150 Spent via UPI
Discounts, Complimentary Memberships, Cashback, and More Worth Over ₹5,000
Base earning rates, partner merchant acceleration, redemption options, and exclusions
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| All Retail Spends | 6X Reward Points on all retail transactions (1.50% return) | No Cap | Standard terms apply |
| Retail & International Spends | 4X Reward Points (4 RP per ₹200) on online, offline, and international spends (0.50% return) | 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 |
|---|---|---|---|---|---|---|
| All Retail Spends | ₹18,000 | 6X Reward Points on all retail transactions (1.50% return) | — | None | Calculating... | Under cap |
| Retail & International Spends | ₹12,000 | 4X Reward Points (4 RP per ₹200) on online, offline, and international spends (0.50% return) | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
₹3.6 lakh
12 billing cycles₹0
0% blended return-₹750
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: ₹750 + GST; Annual Renewal Fee: ₹750 + GST. • Annual Fee Waiver: Spend ₹1,00,000 or more in an anniversary year to waive the ₹750 renewal fee. • 0% Forex Markup: Absolute 0.00% foreign exchange markup fee on all foreign currency retail spends. • Guaranteed Approval: Issued against an IDFC FIRST Fixed Deposit (minimum ₹20,000) with zero income checks. • Credit Limit: 100% of underlying fixed deposit value; FD earns high annual compounding interest. • Rewards Structure: 3X Reward Points on all domestic retail spends; reward points have lifetime validity and never expire. • Point Valuation: 1 Reward Point = ₹0.25. Redeemable for online shopping, vouchers, or statement credit. • Airport Lounge Access: 1 complimentary domestic airport lounge visit per calendar quarter (spend ₹20,000 in prior month).
Evaluate whether this card's perks and waiver threshold justify its ₹750 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 WOW! Black 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.
Deep-dive comparisons, reward calculations, and editorial reviews from our research desk
The SBM ZET Credit Card looks almost perfect for someone who has never had a credit card: start with a ₹2,000 FD, no income proof, RuPay UPI support, and ₹0 annual fee. But new late fees, a 2-year closure penalty of ₹499 + GST, and 42% revolving interest change how beginners should approach it.
IDFC FIRST Bank's zero-forex move has removed one of Scapia's biggest differentiators. Scapia still has a case, but mainly for its domestic travel rewards, UPI earning and airport privileges — not for foreign spending alone.
Alternative credit cards with comparable reward rates, annual fee waivers, and perks
Best for: Zero Forex Markup, Scapia Travel Rewards & RuPay UPI
Rewards: 10% Coins on domestic retail (2%), 20% on Scapia travel (4%), 5% on RuPay ₹500+ (1%). 0% on forex.
Lounge access: Unlimited Domestic visits · ₹20k preceding billing-cycle spend required
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Best for: Affluent globetrotters, international shoppers, and metal card connoisseurs seeking zero foreign currency exchange fees, exceptional global lounge/spa coverage, and never-expiring reward points.
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Lounge access: 4 Domestic + 4 International visits/quarter · ₹20k monthly spend required
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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
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The SBM ZET Credit Card looks almost perfect for someone who has never had a credit card: start with a ₹2,000 FD, no income proof, RuPay UPI support, and ₹0 annual fee. But new late fees, a 2-year closure penalty of ₹499 + GST, and 42% revolving interest change how beginners should approach it.
