IDFC First Bank Mayura Credit Card
The IDFC FIRST Bank Mayura Credit Card is a high-end card designed for big spenders. It has a stylish peacock design, weighs 17 grams, and offers free airport lounge access for both domestic and international travel, including one free guest visit at domestic lounges. One of its standout features is zero forex markup, making it a great option for those who frequently make international transactions. Cardholders can earn up to 10X reward points on spending ₹20,000 or more in a month, but lower spends earn only 5 points per ₹150, making it less rewarding for moderate users. The reward redemption rate is also low at ₹0.25 per point, giving a maximum cashback value of 1.67%.
The IDFC First Bank Mayura Credit Card comes with a ₹5,999 annual fee, but the welcome benefits are worth only ₹4,000, and there is no fee waiver option. While the rewards may not be the best, it still provides travel insurance, trip cancellation protection, free golf rounds, and movie discounts up to ₹12,000. Despite the high cost, the card is a solid choice for frequent travelers and those who can fully use its premium perks.
Rewards and Benefits
Fees & Charges
Can I apply for the IDFC First Bank Mayura Credit Card using another credit card?
Yes, you can apply via the card-to-card (C2C) method by providing details of an existing credit card, including the issuer and limit, for easier approval.
How is the credit limit determined?
The bank assigns a credit limit based on internal policies. If you already have an IDFC FIRST unsecured credit card, your Mayura Card will have the same limit.
Do reward points expire?
No, as long as the card remains active, reward points remain valid indefinitely.
How can I unlock free Lounge/Spa access?
Spend ₹20,000 in a calendar month to activate complimentary Lounge/Spa access for the next month.
Is there an FX markup on international spending?
No, foreign transactions made while traveling or shopping online from India incur no extra charges.
When is the joining fee due?
The ₹5,999 + GST joining fee must be paid once the digital card is issued. Payment can be made anytime before the first statement's due date.
Why is the joining fee paid before receiving the card?
Unlike most cards where the joining fee appears on the first statement, IDFC requires upfront payment for Mayura and Ashva Credit Cards to ensure only serious applicants proceed.
What perks come with the Mayura Credit Card membership?
After paying the joining fee, users can earn ₹1,000 cashback by making four transactions of ₹1,000 or more within 60 days. Cashback is credited in the next billing cycle, but withdrawals and fees don’t qualify.
Are there exclusions for 10X reward points?
Yes, transactions like rent, utilities, insurance, government payments, EMIs, fuel, and cash withdrawals don’t earn 10X points. Points are only granted if transactions are settled before the statement is generated.
Are there any renewal benefits?
No, but milestone rewards are available on spending ₹8 lakh and ₹15 lakh annually.
What promotions are available with the IDFC First Bank Mayura Credit Card?
The card offers benefits like free lounge access, discounts on movies, and deals on 300+ brands.
What movie benefits does the IDFC First Bank Mayura Credit Card offer?
Cardholders can get ₹500 off on a second movie ticket booked via BookMyShow. This can be availed twice per month, saving up to ₹1,000 monthly.
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