IDFC FIRST Classic Credit Card vs SBI Elite Credit Card

• The FIRST Classic Credit Card is now powered for UPI
• Limited Period Offer: 100% cashback up to Rs. 200, i.e. Rs. 50 each on first 4 UPI transactions
• Up to 3X reward points on all UPI spends
• 10X Reward Points on incremental spends above Rs. 20,000 per month and spends done on birthdays
• 3X Reward Points on online and offline purchases for spends up to Rs. 20,000 per month
• Unlimited Reward points that don’t expire
• Use the Reward points to instantly pay for online or in-store purchases
• 1X Reward Points on Insurance premium payments and Utility bill payments
• 1X = 1 Reward point per Rs. 150 spent
• Get 25% discount on movie tickets up to Rs. 100 on Paytm mobile app. This is valid once per month
• 4 complimentary Railway lounge visits per quarter
• Complimentary Roadside Assistance worth Rs. 1,399
• Fuel surcharge waiver of 1% at fuel stations in India, up to Rs. 200/month. This is applicable only on transactions done between Rs. 200 & Rs. 5000
• Enjoy 300+ Merchant offers all year long
• Get up to 20% discount at 1500+ restaurants
• Up to 15% discount at 3000+ Health & Wellness outlets
• Avail Personal Accident Cover of Rs. 2,00,000 and Lost Card Liability Cover of Rs. 25,000
• Convert all transactions above Rs. 2,500 into easy & convenient EMIs from the mobile app
• Instant EMI conversion for all online transactions above Rs. 2,500 on the bank’s OTP page
• Enjoy convenient transfer of balances from the other bank credit cards with IDFC Bank's balance transfer privilege

• On achieving annual spends of Rs. 5 lakhs and 8 lakhs, earn 15,000 bonus Reward Points
• Spend Based Reversal of Annual Fee on spends of Rs. 10 Lakhs
• Complimentary membership to the Priority Pass Program worth $99
• Six complimentary Airport Lounge visits per calendar year, outside India ( max. 2 visits per quarter)
• Enjoy obtaining Club Vistara Silver membership as complimentary

Pros

• 10X Rewards on all spends done on your Birthday
• Reward points will never expire
• Free Road Side Assistance(RSA) worth Rs. 1,399

Cons

• No milestone benefits
• Airport Lounge access limited, depends on the bank’s current offers
• Lifestyle benefits including Complimentary round of Golf is limited, depends on the bank’s current offers

Pros

• Get 5X Reward Points on Dining, Departmental stores and Grocery Spends
• Earn nearly 50,000 Bonus Reward Points worth Rs. 12,500 per year
• On achieving annual spends of Rs. 3 lakhs and 4 lakhs, earn 10,000 bonus Reward Points

Cons

• High joining/renewal fees
• Although the Credit Card offers savings on rental cars on Hertz & Avis, which is good, but in India, there’s no much scope for it