Joining Fee
₹3,000 + GST
Annual Fee
₹3,000 + GST
Reward Rate
10X RP above ₹20K/month; 3X other spends; 1X insurance/utility
Lounge Access
2 domestic + 2 international per quarter (8 each/year)
Forex Markup
0%
Fuel Waiver
1% up to ₹300/month
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Key Features & Benefits
  • ✦10X Reward Points on monthly spends ≥₹20,000
  • ✦3X Reward Points on other eligible spends
  • ✦1X on insurance, utility, fuel (above ₹30K), rent, wallet reloads
  • ✦Zero forex markup on all international transactions
  • ✦2 complimentary domestic airport lounge visits per quarter (8/year)
  • ✦2 complimentary international airport lounge visits per quarter (8/year)
  • ✦4 complimentary railway lounge visits per quarter (spend-gated)
  • ✦Buy 1 Get 1 movie tickets (spend-gated)
  • ✦Trip cancellation cover ₹50,000
  • ✦Reward Points never expire
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Welcome & Joining Benefits
  • ✦Welcome gift vouchers worth ₹500 on spend within 90 days
Milestone Benefits
  • ✦Check IDFC FIRST Bank website for current benefits
Pros & Cons

✓ Advantages

  • ✓Zero forex at mid-tier ₹3,000 fee — great value for travellers
  • ✓8 domestic + 8 international lounge visits/year
  • ✓Balanced travel card — covers most traveller needs
  • ✓Rewards never expire

✗ Disadvantages

  • ✗No annual fee waiver
  • ✗10X gated behind ₹20K monthly spend
  • ✗Lower lounge count than Mayura at higher fee
Frequently Asked Questions
Diamond Reserve vs Ashva — which is better for travellers?
Diamond Reserve has zero forex (vs 1% Ashva) and 8 international lounge visits/year (vs 8 also for Ashva). Ashva has a metal card design. Diamond Reserve is better for frequent international spenders; Ashva wins on premium card feel.
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