Idfc wow credit card

Poor credit history: The most common reason people are denied credit cards is a poor credit history. A low credit score can result in higher interest rates or outright rejection of credit. A person's credit score can be negatively impacted by late payments, high credit utilization, bankruptcy, or foreclosure history. Lack of income or employment stability: In order to make sure that their customers can repay their debts, credit card companies may not grant credit to those who do not have a steady income or who have a low income. People who are freelancers, self-employed, or have irregular income streams may also find it difficult to obtain credit. High debt-to-income ratio: Those with high debt-to-income ratios may be denied credit by credit card companies. This ratio calculates the percentage of an individual's income spent on debt repayment. The high debt-to-income ratio may indicate that a person is already in debt and may have difficulty paying back new credit card payments. • 4X rewards on every spend • Earn 6.75% interest on your fixed deposit • No credit history or credit score is required to obtain the card • No income proof required • Zero forex markup fees, so you can travel the world and spend without worrying about added foreign exchange charges Interest-free cash withdrawal from ATMs for up to 48 days • Low interest rates on carry-over balances starting at 9% • 100% ATM cash withdrawal limit of FD value IDFC FIRST WOW! Credit Card is therefore ideal for first-...

WOW is a premium credit card offered by IDFC Bank in India. It is designed for individuals looking for a rewards-based credit card with multiple benefits and a flexible payment option. The card offers a unique reward program where users earn up to 5% cash back on purchases. Cardholders can also avail of benefits such as airport lounge access, fuel surcharge waiver, and complimentary movie tickets. With this card, users also have the option to convert purchases into easy EMIs. With 24/7 concierge services and an extensive global acceptance network, this card offers a seamless and convenient payment experience. • No reward points on Fuel & Insurance Transactions. • Gold and Jewellery linked transaction are not permitted for conversion. • It charges high interest, from 9% to 42%. • The card does not offer cashback on specific categories like dining or travel. • All merchants may not accept the card, especially in remote or rural areas. Customer Service (3) IDFC FIRST WOW Credit Card Review The IDFC FIRST WOW Credit Card is designed to offer luxury and convenience to its cardholders. The card's reward program allows users to earn up to 5% cash back on all purchases and provides additional benefits such as airport lounge access, fuel surcharge waiver, and complimentary movie tickets. The card also offers easy EMI options and 24/7 concierge services that improve the financial experience. However, it's important to note that the card may not suit everyone. The card may have an an...

Travel credit cards have become an essential accessory for frequent travellers, making travel more affordable and rewarding. These credit cards provide various benefits for travel-related expenses. With the right card, travellers can accumulate reward points quickly and redeem them for free or discounted travel, hotel stays, and more. The benefits of Advantages of a Travel Credit Card: A travel credit card can help with several travel-related expenses and provide numerous benefits, including - 1. Reward points:One of the primary benefits of a travel credit card is the ability to earn rewards points or miles for every dollar spent on travel-related expenses. These rewards can be redeemed for free or discounted flights, hotel stays, car rentals, and other travel-related expenses. 2. Travel perks:Many travel credit cards come with additional perks, such as access to airport lounges, travel insurance, and discounts on hotels and rental cars. 3. Foreign transaction fees:Travel credit cards often have no foreign transaction fees, making them an excellent choice for international travellers. 4. Fraud protection:Most travel credit cards offer fraud protection, which can provide peace of mind when making purchases while travelling. 5. Emergency assistance:Some travel credit cards offer emergency assistance services, such as emergency cash and ticket replacement, which can be invaluable in unexpected situations. Benefits of the IDFC FIRST WOW! Credit Card: When choosing the best tra...

Overview Joining and Annual Fee NIL (Lifetime Free) Welcome Benefit 5% cashback up to Rs 1000 on the first EMI transaction within 90 days Issued On Visa Infinite Fixed Deposit Required Rs 5000 Credit Limit 100% of FD amount Forex Mark-Up Fee 0% IDFC First Bank FIRST WOW! Secured Credit Card Review The name is apt for this card. It will be the ‘first’ credit card for many. 🙂 The Visa Infinite brand has always been the choice for super-premium credit cards. Getting this Infinite brand on a secured credit card is quite surprising. The least fixed deposit for the FIRST WOW! card is Rs 5000. The 100% FD as a credit limit also adds to the USP. Other secured credit cards issue around 80% to 90% of the FD amount as the credit limit. Rewards Redemption The value of each reward point is 25 paise and can be redeemed as a statement credit or used to pay for transactions as well. Key Benefits The FIRST WOW! credit card also has some good benefits that add more value. • Complimentary Roadside Assistance: Get support for car breakdowns, towing, etc. on the card. There are other included services like emergency fuel which would need extra payment. But, it is still worth it for a secured credit card. • Fuel Surcharge Waiver: 1% waiver up to Rs 200/month. • Personal Accident Cover of Rs 2 Lakhs and Lost Card Liability Cover of Rs 25000 Final Thoughts Considering the target audience, the IDFC FIRST WOW! is good enough for a secured credit card. The Visa Infinite platform does not mean it get...

Student cards are a convenient and secure alternative to carrying cash while traveling abroad. These credit cards come with the facility of foreign currency conversions and are the best option for students. They provide discounts and various other offers to the users and usually have forex charges lesser than the other forex cards. Though, the student credit card segment is still in its infancy in India and the choices are limited with few features but still easy to get as they always ask for the backup of an FD opened with them as security, hence students with no prior credit history can get these cards. Forbes analyzed the cards designed for this purpose and brought some of the most useful amongst them. IDFC Bank’s Wow Credit Card is launched keeping in mind students and people traveling abroad. It has no forex mark-up charges for currency conversion and at the same time gives reward points on spends. One has to open a fixed deposit account linked to this credit card to get a credit limit and to use this card. Features: • No documents required. • 4X rewards on every spend. • Various offers at more than 300 partner merchants. • 20% discount at more than 1500 partner restaurants. • Zero Forex mark-up fee. • Complimentary roadside assistance. • Fuel surcharge waiver of 1% at all the fuel stations across India to the maximum of INR 200 a month. • Personal Accident Cover of INR 2,00,000. • Lost Card Liability Cover of INR 25,000. • Up to 20% discount at partner restaurants. •...