IDFC First WOW! Credit Card vs SBI Elite Credit Card
Joining Fees
₹0
₹4,999
Editor's Rating
4
Key Features
- Lifetime free credit card - No joining fee/annual fee
- Get up to 4x Reward Points on every transaction
- Unlimited never expiring reward points as good as cash
- Insurance premium payments and Utility bill payments will earn 1X reward points
- Enjoy travelling around the world with the best-in-class zero Forex Mark-up fee
- Zero interest charges on ATM cash withdrawals for up to 45 days
- Zero Currency Exchange Hassles
- Avail up to Rs. 25,000 card liability cover, Rs. 2 lakh personal accident insurance, and Rs. 25,000 purchase protection
- Complimentary Roadside Assistance, Personal Accident Cover, and Feul Surcharge Waiver
- 1% Fuel Surcharge Waiver
- Withdraw cash up to 100% of FD value
- Instantly Increase the Credit Limit- Instantly enhance it by securing an additional Fixed Deposit, starting from Rs. 5,000
- Earn 4X Reward Points on every travel spend
- Up to 3X reward points on all UPI spends
- Credit limit minimum 100% of the FD Value
- No credit history required
- No income proof required
- Instant Card Issuance
- Discover discounts across 1500+ resturants and retailers
- Get discount across 300+ merchants and 1500+ resturants
- Credit shield protection against theft and fraud
- Access to exclusive VISA offers across the globe
- 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
Editor's Review
Pros
- Lifetime free credit card
- Get a 100% credit limit against the amount of Fixed Deposit
- Get up to 4x Reward Points on every transaction
Cons
- No travel benefits
- No golf benefits
- No complimentary domestic or international airport lounge access
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
