IDFC First Bank Mayura Credit Card: Earn up to 50x Rewards Points - Is it worth it? | Mint

From the beginning of June 2025, IDFC First Bank announced the renovation of its credit cards. The bank launched bonus rewards for flights and hotels discussed by the IDFC First Mobile app. The bank also increased the value of each reward point for some credit cards. For the IDFC First Bank Mayura credit card, the bank offers 50 bonus rewards points for each RS. 150 spent on hotel bookings and 30 Bonus Rewards Points/Rs. 150 spent on flights. The bank doubled the value of each reward point of RS. 0.25/point to Rs. 0.50/point. In this article we will understand the latest Mayura credit card changes in detail, the other functions and benefits of the map, and whether to take it. Features and Benefits of IDFC First Bank Mayura Credit Card The IDFC First Bank Mayura Credit Card is a premium metal card offering of IDFC First Bank. The map offers the following features and benefits. 1. Welcome advantage of Rs. 4000 Cashback: The card offers a welcome advantage of Rs. 4,000 cash. The cardholder must do four transactions of Rs. 1,000 or higher within the first 60 days. For each such eligible, the cardholder is Rs. 1,000 refund. The repayment is credited to the state of state within 7 days of completion of the transactions. The return air benefit applies only to customers who paid the card connection fee. 2.Zero Forex Markup Fee: One of the unique features of this card is the 0% Forex uptake for international transactions. This will benefit from people who regularly do international transactions from India and/or travel abroad regularly. 3.. SEEKED RUNS: The map offers a base reward rate of 1 reward point for each RS. 150 spent. The cardholder receives an accelerated reward rate of 5x (5 reward points/Rs. 150 spent) on spending of up to Rs. 20,000 in a statement cycle. For spent more than Rs. 20,000 In a statement cycle, the card holder gets an accelerated reward rate of 10x (10 rewards points/Rs. 150 spent). On the birthday, the cardholder gets a 10x reward rate. Spending on payments for insurance and utility account earn 1 reward point/Rs. 150 spent on rent, education, wallet tax and government spending earn 3x rewards. There will be no reward points on fuel purchases, and transactions converted into EMI. 4. Airport Lounge Access: The card holder can get up to four complimentary domestic airport lounge and spa access per term. It contains one free visit per term for an associated guest. The cardholder can gain up to four complimentary access to the international airport lounge per term. A minimum spending of Rs. 20,000 is needed in a calendar month to unlock free airport and spa access next month. 5. GREAT CANCELLATION COPATION: Have you booked a non-refundable flight or hotel with the Mayura credit card and should you cancel it for any reason? You don’t have to worry at all. The map offers you compensation for cancellation of non-refundable flight and hotel bookings. The compensation is up to Rs. 50,000, twice a year. 6. Railway Lounge Access: Enjoy up to four complimentary railway access per quarter across India. 7.Bogo Offer About BookMyShow: If you are a movie fan, you can book the Buy One Get One (Bogo) offer on movie tickets on Bookmyshow. The maximum discount on the second movie ticket is Rs. 500. The offer can be used twice in a calendar month. 8. FUL -DISPLACE WAEM: The 1% fuel levy will waive at all fuel stations across India for transactions between Rs. 200 and Rs. 5,000. The maximum waiver is Rs. 300 in a statement cycle. Up to 50x bonus rewards points to travel, the bank announced some changes to the reward points program from June 1, 2025, which is very positive for card holders. Cardholders will enjoy a 30x bonus reward rate (30 Bonus Rewards Points/Rs. 150) on flight bookings made by the IDFC First Mobile app. Similarly, hotel bookings made by the IDFC First Mobile app will get a 50x bonus reward rate (50 bonus reward points/Rs. 150 spent). The bonus rewards points are in addition to the usual rewards points. A cardholder can earn a maximum of 25,000 bonus rewards points each month. Higher redemption value for redemption of points on travel The redemption value of each point is Rs. 0.25. However, when the points are redeemed for flight or hotel bookings by the Travel & Shop section of the IDFC First Mobile app, the redemption value of each point is Rs. 0.50 (double the usual redemption rate of Rs. 0.25). The cardholder can pay rewards points for up to 70% of the travel discussion amount and the remaining amount using the Mayura credit card. Up to 1.5 lakh rewards points can be redeemed per month for travel. Similarly, a cardholder can save up to 3 lakh rewards for travel annually. Earn up to 20% value back to your travel spending let us take an example to understand how an IDFC First Bank Mayura credit card holder can earn 20% value in travel spending. Assume that Leena has already spent more than Rs. 20,000 on her IDFC first bank Mayura credit card in the current month. She makes a hotel reservation worth Rs. 6,000 using her credit card on the IDFC First Mobile app. On this transaction of Rs. 6,000 Earn Leena 400 Regular Rewards Points (10 Rewards Points/Rs. 150 spent). She will also earn 2,000 bonus reward points (50 Bonus Rewards Points/Rs. 150 spent on hotel reservations by the IDFC First Mobile app). Leena earns a total of 2400 reward points (400 ordinary reward points + 2,000 bonus reward points) on the Rs’s hotel discussion transaction. 6,000. She can redeem these 2400 rewards (at a rate of Rs. 0.50 per reward point on the travel section) and get a redemption value of Rs. 1 200. Thus, an Rs. 6,000 expenses can earn 2400 reward points that can be redeemed for Rs. 1 200, which is translated into a value -back of 20%. So, hotel bookings made on the IDFC first mobile app can get you up to 20% value. Fees: The connection and annual fee for the IDFC First Bank Mayura credit card is Rs. 5.999 + tax. The cardholder can get a bonus of Rs. 4,000 refund by doing 4 transactions of Rs. 1,000 or more in the first 60 days. Should you take the Mayura credit card? The IDFC First Bank Mayura credit card has good features and benefits. Some of these include 10 Rewards Points/Rs. 150 spent beyond Rs. 20,000 in a month, 0% forex -up, free access to the airport and railway lounge, Bogo -Film ticket offer, free cancellation cover, etc. 0.50 further improved the value proposition of this card. If you travel regularly, the IDFC First Bank Mayura credit card, which can offer a value of up to 20%, may be an excellent addition to your wallet. Gopal Gidwani is a freelance writer for personal finance with 15+ years of experience. He can be reached at LinkedIn.