Ashva

Joining ₹2,999 · Annual ₹2,999

Fee break-even: ≈₹3,61,325/yr through this card at its base rate. Below that, the fee eats the rewards.

Earns Reward points · assumed 0.25 ₹/point. ₹0.25 per point per IDFC's rewards terms, rising to ₹0.40 on travel redeemed through the app

Verified 13 Aug 2026

Forex markup1%

Fuel surcharge1% surcharge waived

Domestic lounge16 a year. 4 per quarter at domestic lounges

International lounge8 a year. 2 per quarter at international lounges

EMI₹99 or 1% of the transaction, whichever is higher, plus GST processing fee · A converted purchase stops earning rewards · ₹99 or 1% of the purchase, whichever is larger. There is also a pre EMI interest charge covering the days between converting and your next statement, and a merchant no cost offer does not waive it. Pre closing costs 3% plus GST of the principal left. · Transactions converted to EMI earn no points

Return by category

Category	Return	Notes
Online spend	0.83%	Base rate
Amazon	0.83%	Base rate
Flipkart	0.83%	Base rate
Subscriptions & OTT	0.83%	Base rate
Offline spend	0.83%	Base rate
UPI spending	0%	No RuPay variant is published, so UPI linking is unavailable
Dining	0.83%	Base rate
Swiggy	0.83%	Base rate
Zomato	0.83%	Base rate
Groceries	0.83%	Base rate
Quick commerce	0.83%	Base rate
Swiggy Instamart	0.83%	Base rate
Blinkit	0.83%	Base rate
BigBasket	0.83%	Base rate
Movies & shows	0.83%	Base rate
BookMyShow	0.83%	Base rate
PVR INOX	0.83%	Base rate
Fuel	0%	No points, a surcharge waiver stands in
Travel (general)	0.83%	Base rate
Flights	0.83%	Base rate
Hotels	0.83%	Base rate
MakeMyTrip	0.83%	Base rate
IRCTC rail	0.17%	Railways earn 1 point per ₹150
International	−0.17%	0.83% reward − 1% forex markup
Utilities & bills	0.17%	1 point per ₹150
Rent	0.5%	3 points per ₹150
Education fees	0.5%	3 points per ₹150
Insurance premiums	0.17%	1 point per ₹150
Government & tax	0.5%	3 points per ₹150
Wallet loads	0.5%	3 points per ₹150
Anything else	0.83%	Base rate
Jewellery	0.83%	Base rate

Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.

Also worth knowing

Joining benefit: 7,500 points on fee payment, worth ₹1,875 at our assumption and up to ₹3,000 as app travel
Annual fee payment benefit worth up to ₹3,000 from the second year
4 railway lounge visits a quarter
Trip cancellation cover up to ₹25,000 twice a year
IDFC has announced revisions effective 18 June 2026, check the linked terms

Other exclusions

Transactions converted to EMI earn no points

IDFC FIRST Bank AshvaBest for Lounge access under ₹3,0003.9 / 5

What we liked

4 domestic and 2 international lounge visits every quarter, 24 a year on a ₹2,999 card
1% forex markup and 4 railway lounge visits a quarter on top
1.67% on everything above ₹20,000 a month

What to mind

No spend waiver on the fee
0.83% below the monthly step
Travel bonus points cap at 15,000 a month

Sources

Every figure above comes from the issuer's own pages and documents. Last verified 13 Aug 2026.

Spotted an outdated rate?