Key Features & Benefits
- ✦5X Reward Points on LIC premium payments
- ✦3X Reward Points on dining, movies, and entertainment
- ✦1X Reward Points on all other eligible spends
- ✦Buy 1 Get 1 movie tickets (select variant)
- ✦Discounts at partner restaurants and lifestyle brands
- ✦LIC Select: 2 domestic lounge visits per quarter
- ✦1% fuel surcharge waiver
- ✦Reward Points never expire
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Welcome & Joining Benefits
- ✦Welcome gift vouchers on card activation
Milestone Benefits
- ✦Check IDFC FIRST Bank website for current benefits
Pros & Cons
✓ Advantages
- ✓5X on LIC premiums — rewards those paying large annual LIC policies
- ✓Good for LIC policyholders who want to earn while paying premiums
- ✓Rewards never expire
✗ Disadvantages
- ✗Niche card — only valuable if you pay significant LIC premiums
- ✗3.5% forex
- ✗Limited lifestyle benefits compared to other IDFC cards
Frequently Asked Questions
Who is the LIC IDFC FIRST card best for?
This card is best for LIC policyholders paying annual premiums of ₹50,000 or more. The 5X rewards on premium payments can earn significant points. For example, ₹1L premium payment = 5,000 RP = ₹1,250 value at standard rate.
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