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IDFC FIRST Diamond Reserve Credit Card
IDFC • Visa

IDFC FIRST Diamond Reserve Credit Card

1 reward point per ₹150 on spends, with incremental 3X reward tiers on higher statement spends and 10X rewards on birthday spends.

Reviewed by CardWise Editorial Team
Last Verified: 2/12/2026
Editorial Independence: Our recommendations are driven by mathematical value, not issuer payouts. We may earn a commission if you apply through our links, but this does not affect our scoring or the cards we feature.
Annual Fee₹3000Waived on ₹3L annual spend
Base Reward0.2%On all spends
Lounge AccessNoNo lounge access listed
Est. Annual Savings₹342Based on ₹4.8L annual spend

No Complimentary Lounge Access

This card currently does not show complimentary airport lounge access in our issuer-aligned dataset.

Fee waiver & value estimator

Adjust your spend to see fee waiver eligibility and capped rewards.

Annual fee
₹30,000 / mo
₹3,60,000 / year
Estimated rewards₹612

Assumes base reward rate only.

Annual feeWaived

Waived on ₹3L annual spend

Net value₹612

Estimated savings per year.

Fee waiver target: ₹3,00,000 annual spend.

Reward Rate Breakdown

Category-wise reward rates for this card

Shopping
0.5%
Travel
0.5%
Lifestyle
0.5%
Basedefault
0.2%

Key Takeaways

Verified card-level notes, best use-cases, and watchouts.

Pros & Insights

  • Diamond Reserve is threshold-sensitive: value improves sharply when statement and annual spend milestones are actively met.
  • Its proposition is blended rewards plus premium privileges, not pure points yield.
  • Best suited to structured high-spend users who can consistently utilize premium features.

Best Utilization

  • Concentrate eligible spends to trigger multiplier slabs instead of spreading transactions across many cards.
  • Use milestone planning for high-ticket spend months to improve yearly return profile.
  • Quantify non-reward benefits (lounge, golf, services) when evaluating renewal.

Watchouts

  • Without threshold planning, this card can underperform lower-fee options.
  • Premium-benefit valuation is often overestimated if usage frequency is low.
  • Re-validate multiplier and exclusion terms periodically from issuer channels.

Truth Data Snapshot

Issuer-linked details for offers, redemption, lounges, and reliability status.

Expand

Offer Truth

  • Joining fee₹3,000
  • Annual fee₹3,000
  • Waiver threshold₹3,00,000
  • Cap typenone
  • Cap resetnone
  • Last verified2026-02-12

Redemption Truth

  • Cash value/pointNot listed
  • Travel value/pointNot listed
  • Transfer partners0
  • Min redemptionNot listed
  • Expiry policyNot listed
  • Last verified2026-02-12

Lounge Truth

  • NetworkVisa
  • Domestic count0
  • International count0
  • Quarterly limitNot listed
  • Airport-terminal rows0
  • Policy check2026-02-10

Reliability + Outcomes

  • Verification statusverified
  • Freshness days1
  • Source conflicts0
  • Applied reports6
  • Approval reports3

Upgrade Path

These are objective same-bank step-up options from the current rewards and lounge model.

Step 1

IDFC FIRST Wealth

Annual fee: Free

Shared focus: Premium, Travel+39 more lounge visits in current datasetHigher top earn rate (1.5%)
View Details
Step 2

IDFC FIRST Private Credit Card

Annual fee: Free

Shared focus: Premium+39 more lounge visits in current datasetEstimated +₹2,012/yr value
View Details
Step 3

IDFC FIRST Select

Annual fee: Free

Shared focus: Lifestyle, Travel+39 more lounge visits in current datasetHigher top earn rate (1.5%)
View Details

Lounge match needs verification

Lounge access data for this card could not be confidently matched. Please verify lounge eligibility directly with the issuer before relying on access.

Lounge Eligibility Checklist

Derived from card policy signals

Lounge Spend Tracker

Eligibility target met: No

Track lounge eligibility for IDFC FIRST Diamond Reserve Credit Card using your current year spend.

₹0 spent₹3 target

Policy signal used: Waived on ₹3L annual spend

Spend threshold

Waived on ₹3L annual spend

Quarter / cycle rule

No quarter or billing-cycle lounge rule is explicitly listed.

Guest access

Guest access policy is not explicitly listed in current data.

Priority Pass

Priority Pass benefit is not listed for this card.

Lounge Locations

No airport-wise rows currently available

Airport-level lounge rows are not currently available for this card. We still show policy checklist details above.

Redemption Optimizer Unavailable

Redemption optimization is unavailable for this card right now; this card is better evaluated via direct cashback and feature value.

Decision Data Enrichment

Reused from validated provider snapshots with freshness gates and quality filters.

Enriched decision data not available

This card does not have publishable enrichment records in the current high-confidence snapshot.

Key Benefits

  • Annual fee waiver on ₹3L annual spend
  • Incremental 3X rewards on higher statement-spend slabs
  • 10X rewards on birthday spends
  • Premium privileges including lounge access and golf benefits

Things to Consider

  • Base earn rate is low unless spend multipliers are triggered
  • Premium fee makes low-spend holding inefficient
  • Reward-value realization depends on redemption path and program terms

About IDFC FIRST Diamond Reserve Credit Card

IDFC FIRST Diamond Reserve Credit Card is a points card from IDFC, best for high-spend users seeking premium perks + reward multipliers. It is tagged under premium, lifestyle, travel, rewards categories in our database.

PremiumLifestyleTravelRewards

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Frequently asked questions

Is IDFC FIRST Diamond Reserve Credit Card lifetime free?

It has an annual fee of ₹3000. Waived on ₹3L annual spend

What rewards does IDFC FIRST Diamond Reserve Credit Card offer?

1 reward point per ₹150 on spends, with incremental 3X reward tiers on higher statement spends and 10X rewards on birthday spends.

Does IDFC FIRST Diamond Reserve Credit Card include lounge access?

No complimentary lounge access is currently listed for this card.

Who should consider IDFC FIRST Diamond Reserve Credit Card?

High-Spend Users Seeking Premium Perks + Reward Multipliers

Where can I apply for IDFC FIRST Diamond Reserve Credit Card?

Check the issuer website for application availability.

Sources & Verification

  • Official Issuer Page:Direct Link
  • Last Verified: 2026-02-12
  • Data Method: Automated scraper + Manual audit

Key Terms

APR (Annual Percentage Rate)

The interest rate charged on unpaid dues if you don't pay your full bill by the due date.

Forex Markup

An additional fee charged for transactions made in foreign currency.

Lounge Access

Complimentary entry to airport lounges, often subject to spend milestones.

Milestone Benefits

Bonus rewards unlocked when you cross specific spending thresholds within a period.