FIRST Millennia Credit Card Review: Free for Life, 10X on Food and Travel
The FIRST Millennia Credit Card from IDFC FIRST Bank has no joining or annual fee and pays 10 points per ₹200 on dining, food delivery, travel and birthday spends, which is 1.25% back at ₹0.25 a point. It suits young earners with ₹3 lakh a year or more whose spending leans to food and travel. There is no airport lounge, and foreign spends earn no points from 26 October 2026, though the forex markup is now zero.
Key facts
- Joining fee
- Nil
- Annual fee
- Nil
- Base reward
- 3X Reward Points on eligible spends (about 0.375% value)
- Best category
- Hotel bookings via 'FIRST Rewards Gallery' in the IDFC FIRST Bank app: about 5% value
- Lounge
- Domestic: No airport lounge. 4 complimentary railway lounge visits every quarter. International: None
- Forex markup
- 0% (no markup)
- Network
- Not stated by the bank
Opens the bank's own page for this card. Approval and the credit limit are the bank's decision.
In short
A sensible free first card for young earners who spend on food and travel, as long as they can live with 0.375% on everything else and no airport lounge.
Best for
- First-time cardholders earning ₹3 lakh a year or more
- People who eat out, order in and book domestic flights or hotels often
- Anyone who wants a no-fee card to build a long credit history
Skip it if
- You want airport lounge access
- Most of your spending is fuel, rent or utility bills
- You want reward points on foreign spends
Highlights
- No joining or annual fee and no spend condition
- 10X (1.25%) on dining, travel and birthday spends, no cap published
- 3X (0.375%) on most other spends
- Zero forex markup since 9 September 2026
- Points valid 24 months from credit
FIRST Millennia at a glance
The FIRST Millennia is IDFC FIRST Bank's starter rewards card for people in the first few years of a job. There's no joining fee, no annual fee and no spend target, so you never has to worry about a renewal charge. The income bar is ₹3 lakh a year, which is ₹25,000 a month once you divide ₹3,00,000 by 12.
Three things decide if it fits. Dining, food delivery, flights, hotels and birthday spends earn 10 points per ₹200, worth 1.25% at ₹0.25 a point. Almost everything else earn 3 points per ₹200, only 0.375%. And there's no airport lounge, just railway lounges that open after a ₹20,000 month.
The card is active and taking applications. The bank doesn't publish its network (Visa, Mastercard or RuPay), and for UPI you'll need the separate FIRST Digital RuPay card. The full range is on our IDFC FIRST Bank credit cards page.
Changes from 2024 to 2026
- 1 September 2024: Minimum Amount Due became 2% of principal plus EMIs, interest, fees and taxes, on all IDFC FIRST cards.
- 20 February 2025: railway lounges started needing ₹20,000 spent in a calendar month, for use the next month.
- 18 June 2026: 10X now apply from the first eligible transaction instead of after ₹20,000 in a billing cycle, and points from the July 2026 cycle expire after 24 months. Earlier they never expired.
- 9 September 2026: forex markup cut to zero.
- 26 October 2026: international spends stopped earning points. The card page still show 10X on them, but the bank's later notice is what we follow.
What the FIRST Millennia costs you
Joining fee nil, annual fee nil, and the MITC says the same. So the usual question of how much you must spend for a waiver has a easy answer: ₹0 a month, because there's nothing to waive. GST at 18% goes on every fee below.
- Add-on card: ₹499 + GST to join and each year, so ₹588.82 with GST (18% of ₹499 is ₹89.82).
- FIRST Digital RuPay card for UPI: ₹199 + GST joining and yearly, ₹234.82 once GST of ₹35.82 (18% of ₹199) is added. Photo card design: ₹499 + GST.
Interest, late fee and cash
Interest isn't one number. The MITC gives 0.71% to 3.85% a month (8.5% to 46.2% a year) and the bank decide your rate; miss the Minimum Amount Due and it's 3.99% a month, or 47.88% a year. Pay in full and you get up to 45 days free.
The late fee is 15% of the last statement's total due less payments before the due date, minimum ₹100, maximum ₹1,300, nil under ₹100. The MITC's own example puts ₹5,000 due at ₹750. Cash withdrawals cost ₹199 + GST each, with no interest for up to 45 days and up to ₹10,000 a go. Over-limit happens only if you opt in: 2.5%, minimum ₹550.
Forex and special fees
Forex markup is nil from 9 September 2026, currency conversion included. Watch the fees on particular kind of payments:
- Rent: 1%, minimum ₹249. On ₹15,000 rent, 1% is ₹150, so you pays the ₹249 minimum plus GST.
- Utilities: 1% on the whole total once bills cross ₹20,000 a cycle, so ₹25,000 of bills costs ₹250 + GST.
- Fuel 1% above ₹30,000 a cycle, railway 1% above ₹25,000, tolls 1% above ₹10,000, education via third-party apps 1% with a ₹249 minimum, bounced payment 2% with a ₹500 minimum.
FIRST Millennia: fees and charges
| Joining fee | Nil |
|---|---|
| Annual or renewal fee | Nil |
| Annual fee waiver | Lifetime free: no joining or annual fee, no spend condition. |
| Add-on card fee | ₹499 + GST |
| GST | Charged on top of the fees and charges listed |
| In the bank’s words | Joining and Annual Fees NIL. Add-on card ₹499 + GST joining and annual fee per card. Optional FIRST Digital RuPay (UPI) companion card ₹199 + GST joining and ₹199 + GST annual fee. Image card design ₹499 + GST. |
| Interest on unpaid balances | Up to 3.85% a month (46.2% a year) |
| Late payment fee | 15% of the Total Amount Due as of the previous statement minus payments received before the due date, minimum ₹100 and maximum ₹1,300 (none if the amount due is below ₹100). Charged when the Minimum Amount Due is unpaid by the due date. |
| Cash withdrawal | ₹199 per cash withdrawal (plus GST). Card pages say ATM withdrawals carry no interest for up to 45 days (until the due date); after that, interest at the card's rate applies. |
| Over-limit fee | 2.5% of the over-limit amount, minimum ₹550 (over-limit only with the cardholder's explicit consent) |
| Forex markup | 0% (no markup) |
| Other fees |
|
How the points add up
Points are counted per ₹200 in each transaction, and each point is worth ₹0.25.
- 10 points per ₹200 (₹2.50 on ₹200, so 1.25%): dining and food delivery (MCC 5812, 5813, 5814), airlines, hotels, travel agents and tour operators, and birthday spends. No cap are published.
- 3 points per ₹200 (₹0.75 on ₹200, so 0.375%): most other spends, and UPI above ₹2,000 on FIRST Digital.
- 1 point per ₹200 (₹0.25 on ₹200, so 0.125%): utilities, insurance, railway, FASTag and UPI up to ₹2,000.
- No points: fuel, EMI, cash, fees, and international spends from 26 October 2026.
Hotels booked through FIRST Rewards Gallery in the app gets 20% bonus points over base, and flights 10%. At ₹0.25 a point, 20 bonus points per ₹100 is ₹5, so the hotel bonus is worth 5% and the flight bonus 2.5%, under a shared cap of 8,000 bonus points a calendar month (8,000 at ₹0.25 is ₹2,000).
Every route pays ₹0.25 a point: pay with points, vouchers, catalogue, or app flights and hotels, where points cover up to 70% of a booking. Since each redemption cost ₹99 + GST, or ₹116.82 (₹99 plus ₹17.82), redeem in one go. Points last 24 months, accrue only up to your credit limit in a cycle and are cancelled if the Minimum Amount Due isn't paid.
Welcome: a ₹500 voucher on ₹5,000 spent within 30 days of card generation, and 5% cashback up to ₹1,000 on your first EMI conversion, which maxes out at ₹20,000 since 5% of ₹20,000 is ₹1,000. No milestone benefits is offered.
Three worked examples
- Light, ₹15,000 a month: dining ₹3,000 is 15 lots of ₹200 at 10 points, 150; shopping ₹9,000 is 45 lots at 3, 135; bills ₹3,000 is 15 lots at 1, 15. Total 300 points, which at ₹0.25 is ₹75 a month and ₹900 a year (₹75 times 12). One redemption fee leaves ₹783.18 (₹900 minus ₹116.82).
- Typical, ₹35,000 a month: dining ₹6,000 is 300 points (30 lots at 10); flights and hotels ₹4,000 is 200 (20 lots at 10); shopping ₹15,000 is 225 (75 lots at 3); bills and insurance ₹5,000 is 25 (25 lots at 1); fuel ₹5,000 earns nothing. Total 750 points, so ₹187.50 a month (750 at ₹0.25) and ₹2,250 a year (₹187.50 times 12), and this spender also clear ₹20,000 every month for the railway lounges.
- Heavy, ₹70,000 a month: dining ₹12,000 is 600 points (60 lots at 10); flights and hotels ₹15,000 is 750 (75 lots at 10); shopping ₹25,000 is 375 (125 lots at 3); UPI above ₹2,000 worth ₹5,000 is 75 (25 lots at 3); bills and insurance ₹13,000 is 65 (65 lots at 1). Total 1,865 points (600 + 750 + 375 + 75 + 65), so ₹466.25 a month at ₹0.25 and ₹5,595 a year (₹466.25 times 12).
Two ₹10,000 app hotel stays inside that travel line would add 2,000 bonus points each (5% of ₹10,000 is ₹500), so the year reach ₹6,595 (₹5,595 plus 2 times ₹500). But note the UPI line: 75 points a month is 900 a year, worth ₹225, less than the ₹234.82 the FIRST Digital card costs.
| Spender | Monthly spend | Points a month | Value a year | Annual fee |
|---|---|---|---|---|
| Light | ₹15,000 | 300 | ₹900 | ₹0 |
| Typical | ₹35,000 | 750 | ₹2,250 | ₹0 |
| Heavy | ₹70,000 | 1,865 | ₹5,595, or ₹6,595 with two app hotel stays | ₹0 |
FIRST Millennia: higher-reward categories
| Category | Rate | Cap |
|---|---|---|
| Dining (MCC 5812, 5813, 5814, includes food delivery) | 10X Reward Points (10 points per ₹200) from the first eligible transaction, effective 18 June 2026, about 1.25% value | No cap published |
| Travel (MCC 3000 to 3350, 3501 to 3853, 7011, 4511, 4722, 4723) | 10X Reward Points (10 points per ₹200), about 1.25% value | No cap published |
| Spends on your birthday | 10X Reward Points (10 points per ₹200), about 1.25% value | No cap published |
| International purchases | No reward points on international spends from 26 Oct 2026 (bank notice of 9 Sep 2026), about 0% value | No cap published |
| Hotel bookings via 'FIRST Rewards Gallery' in the IDFC FIRST Bank app | 20% Bonus Reward Points over and above base points (up to 25% reward points in total), about 5% value | 8,000 bonus Reward Points a calendar month (shared with flights), ₹8,000, calendar month |
| Flight bookings via 'FIRST Rewards Gallery' in the IDFC FIRST Bank app | 10% Bonus Reward Points over and above base points (up to 15% reward points in total), about 2.5% value | 8,000 bonus Reward Points a calendar month (shared with hotels), ₹8,000, calendar month |
| UPI via linked FIRST Digital RuPay card, transactions above ₹2,000 | 3X Reward Points, about 0.375% value | No cap published |
FIRST Millennia: how rewards work
| Earned as | Reward Points |
|---|---|
| Base rate | 3X Reward Points on eligible spends (1X = 1 Reward Point per ₹200 spent; 1 Reward Point = ₹0.25), so 3 points per ₹200.. About 0.375% value back |
| Minimum spend rules | Points are earned per ₹200 spent in a transaction (1X reward point for every ₹200 spent in a transaction). Points accrue only on spends up to the credit limit in a billing cycle. |
| No rewards on |
|
| Lower rewards on |
|
| Value of a point |
|
| Redemption fee | ₹99 + GST per redemption |
| Expiry | Reward Points are valid for 24 months from the date they are credited (from the July 2026 statement cycle; balance as of July 2026 valid until July 2028). Earlier the points did not expire. |
| Welcome benefits |
|
| Milestone benefits | None published |
| Lounge access | Domestic: No airport lounge. 4 complimentary railway lounge visits every quarter. International: None Condition: Spend ₹20,000 within the current calendar month to access railway lounge benefits in the following month. |
| Fuel surcharge waiver | 1% waiver on fuel transactions between ₹200 and ₹5,000, up to ₹200 per statement cycle |
| Insurance cover | Personal accident cover ₹2,00,000 and lost card liability cover ₹25,000, valid if the card had at least one transaction in the last 30 days. |
Who can apply and how
You need to be at least 21, an Indian citizen with a healthy credit score and credit usage at an acceptable level, and earn ₹3 lakh a year or more, the same bar the bank set for FIRST Classic. No separate self-employed income or age figure is published, and no upper age is listed.
Documents are named broadly: identity proof, income proof and KYC, done by Video KYC online; the exact list isn't published. Under the RBI's KYC rules any officially valid document works, such as a passport, driving licence or voter ID, plus PAN or Form 60.
How to apply
Apply on the IDFC FIRST Bank website, its app or at a branch; online is fully digital. Reason being, an account opened on Aadhaar OTP e-KYC alone can only be a term loan of up to ₹60,000 a year, so a revolving card need full KYC or a video call.
What the bank looks at
- The RBI asks issuers to judge credit risk on your independent financial means and to count the limits you already holds elsewhere.
- The RBI fixes no minimum income or age; the bank does, at its discretion.
- Experian scores run 300 to 900, above 750 generally good; for CRIF, above 700 is generally treated good.
- If declined, you must be told the specific reasons in writing.
Nobody can promise approval. Without income proof, the FD-backed FIRST WOW! is the route. For queries call 1800 10 888 or see our IDFC FIRST Bank customer care page.
FIRST Millennia: eligibility and documents
| Age (salaried) | At least 21 years |
|---|---|
| Age (self-employed) | Not published by the bank |
| Income (salaried) | Annual income of ₹3 lakhs or more |
| Income (self-employed) | Annual income of ₹3 lakhs or more (the bank does not publish a separate self-employed figure) |
| Other conditions | Indian citizen, healthy credit score, credit usage within an acceptable level; issuance at the bank's discretion. Monthly figure derived as ₹3 lakh a year ÷ 12. |
| Documents |
|
| How to apply | Online on the IDFC FIRST Bank website or mobile app (fully digital with Video KYC; FD-backed cards need an FD opened online), or at a branch. |
| Card customer care | 1800 10 888 |
These are the bank's published conditions. Meeting them does not guarantee a card: approval and the credit limit are the bank's decision.
Who gains and who should skip it
The person who gets most from the Millennia is a salaried 20-something who orders in a lot, eats out on weekends and flies domestic a few times a year. For them 1.25% on food and travel is decent, the card costs nothing, and a holiday abroad don't carry a markup.
It's also a good first card simply because it's free. A card with no annual fee that you can keep for years, which quietly builds a longer credit history.
Skip it if your money goes mostly on fuel, rent or bills: fuel earns nothing, rent carries a 1% fee with a ₹249 minimum, bills earn 1 point per ₹200. It's the wrong pick if lounges matter, there's no airport lounge and the railway one needs a ₹20,000 month first. Frequent foreign spenders lose too, as those spends earn nothing now.
The trade-offs
The real trade-off is the 3X base. At 0.375%, ₹10,000 of general shopping earns just ₹37.50, so the card shines only when a good share of your spend sit in the 10X bucket. Then the ₹99 + GST redemption fee hurt people who redeem small amounts often, and points now expire after 24 months.
Pros
- No joining or annual fee, and no spend condition to keep it free
- 10 points per ₹200 (1.25%) on dining, food delivery, travel and birthday spends from the first transaction
- Zero forex markup on international spends since 9 September 2026
- Cash withdrawals carry no interest for up to 45 days, with a ₹199 + GST fee each
- Low entry bar of ₹3 lakh annual income
Cons
- Only 0.375% back (3 points per ₹200) on most everyday spends
- No airport lounge; railway lounges need ₹20,000 spent in the previous month
- No reward points on international spends from 26 October 2026
- ₹99 + GST charged on every redemption
- Points now expire 24 months after credit
How it compares
Three cards sit close to the Millennia for a young earner who wants low cost and fair rewards. The table below puts them side by side.
FIRST Millennia vs FIRST Select
FIRST Select has the same nil fees and earn rates. Its ₹12 lakh income bar buys 1 domestic airport lounge visit a quarter, a ₹300 fuel waiver cap instead of ₹200, a Buy 1 Get 1 movie offer and ₹1 crore air accident cover. Earn ₹12 lakh, pick Select; below that it isn't open for you.
FIRST Millennia vs AU LIT
AU LIT is lifetime free too, but rewards are mostly paid features: 1 point per ₹100 as base, 5X for ₹199 or 10X for ₹299 per 90 days, capped at 10,000 points a cycle. AU publishes no point value, forex is 3.49% and lounge visits cost ₹399 each. LIT suit tinkerers; Millennia suits people who want food and travel rewards without buying features.
FIRST Millennia vs One Credit Card
The One Credit Card is lifetime free, gives 1 point per ₹50 and 5 times that on your top 2 categories a month. Forex is 1% and no income proof is asked, but no issuer publishes a point value. Millennia wins on known value and zero forex; One is easier to get.
To line up any two cards, use our card comparison tool, or go back to the credit cards hub.
FIRST Millennia against similar cards
| Term | FIRST Millennia Credit Card This card | FIRST Select Credit Card | FIRST WOW! Credit Card | AU LIT Credit Card |
|---|---|---|---|---|
| Bank | IDFC FIRST Bank | IDFC FIRST Bank | IDFC FIRST Bank | AU Small Finance Bank (AU Bank) |
| Joining fee | Nil | Nil | Nil | Nil |
| Annual fee and waiver | Nil | Nil | Nil | Nil |
| Base reward | 3X Reward Points on eligible spends (about 0.375% value) | 3X Reward Points on eligible spends (about 0.375% value) | 4 Reward Points per ₹200 spent on online, offline and international spends... (about 0.5% value) | 1 Reward Point for every Rs.100 retail spends |
| Best category | Hotel bookings via 'FIRST Rewards Gallery' in the IDFC FIRST Bank app: about 5% value | Hotel bookings via 'FIRST Rewards Gallery' in the IDFC FIRST Bank app: about 5% value | Hotel bookings via 'FIRST Rewards Gallery' in the IDFC FIRST Bank app: about 2.5% value | Grocery or apparel: about 5% value |
| Lounges | Domestic: No airport lounge. 4 complimentary railway lounge visits every quarter. International: None | Domestic: 1 complimentary domestic airport lounge visit every quarter; 4 complimentary railway lounge visits every quarter International: None (domestic airports in India only) | Domestic: None International: None | Domestic: Only as a paid feature: 1 airport lounge visit for Rs.399, maximum 2 per 90 days International: None published |
| Forex markup | 0% (no markup) | 0% (no markup) | 0% (no markup) | 3.49% of the amount |
| Network | Not stated by the bank | Not stated by the bank | Visa | Visa, RuPay |
| Published minimum income | ₹25,000 a month | ₹1,00,000 a month | No income proof required | Minimum monthly income as specified by the bank (no figure published) |
| Status | Taking applications | Taking applications | Taking applications | Taking applications |
Frequently asked questions
Is the FIRST Millennia Credit Card really lifetime free?
What is one FIRST Millennia reward point worth?
Who is eligible for the FIRST Millennia?
Does the FIRST Millennia charge forex markup or earn points abroad?
What changed on the FIRST Millennia in June 2026?
Does the FIRST Millennia give airport lounge access?
Related
- IDFC FIRST Bank Credit Cards 2026: Free Cards, Zero Forex and the Catch
- FIRST Select Credit Card Review: A Free Card With a Quarterly Lounge
- FIRST WOW! Credit Card Review: FD-Backed, Zero Forex, Points Abroad
- AU LIT Credit Card Review: Lifetime Free, Pay Only for Features You Use
- Card finder and comparison guide
Sources
- IDFC FIRST Bank: Most Important Terms & Conditions - Credit Cards (MITC and Schedule of Charges); FIRST Millennia Credit Card bonus reward points on travel bookings (T&C); FIRST Millennia Credit Card; Important update regarding your FIRST Millennia Credit Card; Important update regarding your IDFC FIRST Bank Credit Card (Zero Forex Markup notice); FIRST Digital RuPay Credit Card; Credit Card - Apply for Credit Card Online (listing page FAQ); Contact Us
Last verified: 5 November 2026
Written by Anjali Bhargawa, reviewed by BankCreds Financial Experts
BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.