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IDFC FIRST Bank’s Upgraded FIRST WOW! FD-Backed Card

9 December 20251 min read
BANKING & FINANCEIDFC FIRST Bank’sUpgraded FIRSTWOW! FD-BackedCard9 December 2025safalsetu.com

Why in the news

IDFC FIRST Bank launched an upgraded FIRST WOW! Credit Card, a secured card issued against a fixed deposit.

Key facts

  • Type: FD-backed credit card.
  • Applicants: individuals 18 or older; minimum FD ₹20,000.
FeatureDetail
FormatsPhysical Mastercard plus UPI-enabled RuPay virtual credit card
Limit and statementOne shared limit, one consolidated statement
Overseas spendsZero foreign exchange (Fx) markup

Exam angle

  • Issuer: IDFC FIRST Bank; networks: Mastercard and RuPay.
  • Minimum FD: ₹20,000; minimum age: 18.

Test yourself

1. What is the minimum fixed deposit needed for the upgraded IDFC FIRST Bank FIRST WOW! Credit Card?

The notes state a minimum FD of ₹20,000 is required.

2. Which network issues the UPI-enabled virtual card in the FIRST WOW! Credit Card pair?

The virtual card is a UPI-enabled RuPay card; the physical one is Mastercard.

3. What forex charge applies to international transactions on the upgraded FIRST WOW! Credit Card?

The card carries zero foreign exchange markup on all international spends.

This topic is part of Daily Current Affairs 9 December 2025 (17 topics).

All topics of the dayDay quizDecember 2025

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