HomeLearning CenterIDBI Bank Credit Card – Explore Benefits & Application Guide
Blog Banner

Author

LoansJagat Team

Read Time

6 Min

30 Jun 2025

IDBI Bank Credit Card – Explore Benefits & Application Guide

cards

Let’s say Ram Kumar chooses the IDBI Bank Aspire Platinum Credit Card for its shopping rewards, zero joining fee, and valuable benefits—perfect for his smart, quality-focused, and savings-driven shopping habits.


Let’s take this scenario, in which Ram Kumar gets 2.5%af fuel surcharge waiver for the transaction between ₹400 and ₹4,000

Transactions No.

Fuel Amount

2.5% Surcharge

Total Amount

Waived/Not Waived

Fuel Transaction 1 

₹ 500

₹ 12.5

₹ 512.5

Waived

Fuel Transaction 2

₹ 2,500

₹ 62.5

₹ 2,562.5

Waived

Fuel Transaction 3

₹ 4,500  

₹ 112.5

₹ 4,612.5

Not Waived

Fuel Transaction 4

₹ 3,500  

₹ 87.5

₹ 3,587.5

Waived

Fuel Transaction 5

₹ 2,000

₹ 50

₹ 2,050

Waived


Concerning the above-mentioned table, Ram Kumar’s fuel surcharge of 2.5% was not waived for the 4th transaction. This is because the transaction has crossed the threshold of ₹ 4,000. Except for this, for other fuel transactions, the surcharge was waived.


Now, let's see how he becomes eligible for the IDBI Bank Aspire Platinum Credit Card

Eligibility Criteria

Ram Kumar’s Case

The cardholder must be between 21 years to 60 years for a salaried professional, whereas for self-employed, the age limit is 65 years.

Ram Kumar is 35 years old.

The cardholder must be a resident of India

He lives in Mumbai.


As expected by IDBI Bank, Ram Kumar meets the expected criteria. However, you must understand that he also has the following eligibility criteria:

  • A CIBIL score of 750
  • Salary of ₹ 4,00,000 per annum
  • Fixed Deposit of ₹ 5,00,000 with 3.25% for 18 months.


These extra criteria make him a strong match to approve this credit card.


Note: The bank also examines the applicant’s CIBIL score and credit history. They have the right to sanction and disapprove a credit card application.


IDBI Credit Card Required Documentation


Let’s see the required documents that he furnished for this credit card application:

Identity Proof

Aadhaar Card, driving license, PAN card, Voter ID, or Passport.

Residence Proof

Electricity Bill, Ration card, previous month’s bank statement, or telephone bill.

Income Proof

Latest Payslip, Form 16, or Income Tax Return


Benefits and features of IDBI Bank Aspire Platinum Credit Card

Features

Benefits

Welcome Benefits

500 Delight Points for the first transaction, within 30 days of card activation.

300 Delight Points for transactions between the 31st day and to 90th day, after card activation.

Note: To earn 500 Delight Points, the cardholder needs to spend ₹ 1,500. 

Example: If Ram Kumar spends ₹ 1,500 within 30 days after the activation of the card, he will get 500 Delight Points.

Reward Points

2 reward points for every ₹ 150.

Example: If Ram Kumar purchases a product worth ₹ 300, he will get 4 reward points.


Let’s see this calculation:


Product price ₹ 300

2 reward points for ₹ 150

So, total 300/150 = 2

Therefore, 2*2 = 4 reward points 

Interest Free Credit

48 days' interest-free credit period.

Example: If Ram Kumar purchases a product for ₹ 10,000 on May 01,


Let’s see how the billing cycle works:

Billing cycle of April 01 – 30 (30 days)

Bill date May 01

Payment date: May 18


Total Interest Free Period – 48 days (30 + 180)


Note: If Ram Kumar does not pay ₹ 10,000 on May 18, or has a shortage of ₹ 10,000, then the interest will be charged for it

 

Fees and Other Charges

Fee Type

Charges

Joining Fees

NIL

Annual Fees

NIL

Cash Advance Fee

2.5% of the transaction fee or ₹ 500 and above.

Cash Processing Charge

₹ 200

Finance Charge 

2.9 % per month

Foreign Currency Fee

3.5%

Late Payment Charges

Amount

Charges

Lesser than ₹ 500 

NIL

₹ 501 to ₹ 5,000 

₹ 400

₹ 5,001 to ₹ 10,000

₹ 500

₹ 10,001 to ₹ 20,000

₹ 750

Greater than ₹ 20,000

₹ 950


However, there are other credit cards from IDBI Bank, which also have surplus benefits and rewards.


1. IDBI Bank Royal Signature Credit Card

This is a luxurious credit card that encompasses premium offers and special discounts for the cardholders. 

Features

Benefits

Welcome Benefits

750 Delight Points for the first transaction, within 30 days of card activation.

400 Delight Points for transactions between the 31st day and to 90th day, after card activation.


Note: To earn 500 Delight Points, the cardholder needs to spend ₹ 1,500. 

Example: If Ram Kumar spends ₹ 1,500 within 30 days after the activation of the card, he will get 750 Delight Points.

Reward Points

3 reward points for every ₹ 100.

Example: If Ram Kumar purchases a product worth ₹ 300, he will get 9 reward points.

Let’s see this calculation:


Product price ₹ 300

3 reward points for ₹ 100

So, total 300/100 = 3


Therefore, 3*3 = 9 reward points 

Interest Free Credit

48 days' interest-free credit period.

Example: Ram Kumar can get a free 45-day interest period after purchasing a product.

Fuel Surcharge

1% fuel surcharge waiver for transactions between ₹ 400 to ₹ 5,000, with the maximum waiver of ₹ 500 per month.

Air Travel Insurance Coverage 

Eligible for ₹ 25,00,000 insurance coverage on air travel.

Example: The Cardholder gets insurance for an air accident.

Lounge Access

1 free domestic airport lounge access in one financial quarter of every calendar year.

Example: Ram Kumar can access any domestic lounge access of the airport in a financial quarter of every calendar year.

Zero-Lost Liability

The cardholder need not take accountability for loss or fraudulent transactions.

Example: Ram Kumar no need to take responsibility for fraudulent transactions, after reporting the loss of the credit card.

 

Fees and Other Charges

Fee Type

Charges

Joining Fees

NIL

Annual Fees

NIL

Cash Advance Fee

2.5% of the transaction fee or ₹ 500 and above.

Cash Processing Charge

₹ 200

Finance Charge 

2.5 % per month

Foreign Currency Fee

3.5%

Late Payment Charges

Amount

Charges

Lesser than ₹ 500 

NIL

₹ 501 to ₹ 5,000 

₹ 400

₹ 5,001 to ₹ 10,000

₹ 500

₹ 10,001 to ₹ 20,000

₹ 750

Greater than ₹ 20,000

₹ 950

 

2. IDBI Euphoria Credit Card


This premium credit card is suitable for those who like to spend on travel needs.

Features

Benefits

Reward Points

6 Delight Points for every ₹ 100 spent on travel categories.

3 Delight Points for other categories

Example: If Ram Kumar purchases a flight ticket for ₹ 1,500, he will get 90 reward points.

Let’s see this calculation:


Product price ₹ 1,500

6 reward points for ₹ 100

So, total 1,500/100 = 15


Therefore, 6*15 = 90 reward points 

Interest Free Credit

48 days' interest-free credit period.

Example: Here too, Ram Kumar gets an interest-free credit period.

Fuel Surcharge

1% fuel surcharge waiver for transactions between ₹ 400 to ₹ 5,000, with the maximum waiver of ₹ 500 per month.

Example: If Ram makes a fuel transaction of ₹ 800, he will get a 1% waiver.

Air Travel Insurance Coverage 

Eligible for ₹ 25,00,000 insurance coverage on air travel.

Example: Ram Kumar becomes eligible for insurance coverage on air travel after activating the card.

Lounge Access

Unlimited domestic lounge access only at select airports in India.

Example: Ram can enjoy unlimited domestic lounge access in select Indian airports.

Zero-Lost Liability

The cardholder need not take accountability for loss or fraudulent transactions.

Example: The cardholder is not accountable for fraudulent transactions or loss of the credit card.

 

Fees and Other Charges

Fee Type

Charges

Joining Fees

NIL

Annual Fees

₹ 1,499 (from the second year onwards)

Annual Fees Waiver

Only if the transaction exceeds ₹ 1,50,000 in a year.

Cash Advance Fee

2.5% of the transaction fee or ₹ 500 and above.

Cash Processing Charge

₹ 200

Finance Charge 

2.9 % per month

Foreign Currency Fee

3.5%

Late Payment Charges

Amount

Charges

Lesser than ₹ 500 

NIL

₹ 501 to ₹ 5,000 

₹ 400

₹ 5,001 to ₹ 10,000

₹ 500

₹ 10,001 to ₹ 20,000

₹ 750

Greater than ₹ 20,000

₹ 950

 

FAQs


1. What is the joining fee for the IDBI Bank Aspire Platinum Credit Card?

There is no joining fee for the IDBI Bank Aspire Platinum Credit Card.


2.  What is the annual fee for the IDBI Bank Royal Signature Credit Card?

There is no annual fee for the IDBI Bank Royal Signature Credit Card.


3. What is the annual fee for the IDBI Euphoria Credit Card?

The annual fee for the IDBI Euphoria Credit Card is ₹ 1,499, which is from the second year onwards.


4. Does the IDBI Euphoria Credit Card have an annual fee waiver?

Yes, it has an annual fee waiver if the yearly transaction exceeds ₹ 1,50,000.


5. What is the interest-free credit for the IDBI Euphoria Credit Card?

The cardholder gets 48 48-day interest-free credit period.

 

Apply for Loans Fast and Hassle-Free

About the Author

logo

LoansJagat Team

We are a team of writers, editors, and proofreaders with 15+ years of experience in the finance field. We are your personal finance gurus! But, we will explain everything in simplified language. Our aim is to make personal and business finance easier for you. While we help you upgrade your financial knowledge, why don't you read some of our blogs?

coin

Quick Apply Loan

tick
100% Digital Process
tick
Loan Upto 50 Lacs
tick
Best Deal Guaranteed

Subscribe Now