IDFC First Bank added 70,798 Credit Cards in August and has more than 1.1 Mn Credit Card Customers.
Read this Thread to know how IDFC First Bank is building the fastest growing FinTech Partnerships and Credit Card Products. 🧵
Read this Thread to know how IDFC First Bank is building the fastest growing FinTech Partnerships and Credit Card Products. 🧵
IDFC FIRST Bank was created by the merger of IDFC Bank and Capital First in December 2018
Currently, IDFC First bank has more than ₹1,37,663 Crores in Total Funded Assets and CASA has been growing rapidly.
Currently, IDFC First bank has more than ₹1,37,663 Crores in Total Funded Assets and CASA has been growing rapidly.
IDFC First Bank have variety of Financial Products such as Savings and Current Bank Accounts, Loans, Credit Cards, Mutual Funds, MSME and Startup Solutions.
I have found IDFC First Bank packed with robust tech infrastructure, in my 5 year of Banking Relationships I never need to visit the Branch
I'm an HNI customer of the Bank with high AMB and 2 Credit Cards, MFs, SGBs Bonds etc.
Mobile Banking and UPI are very smooth.
I'm an HNI customer of the Bank with high AMB and 2 Credit Cards, MFs, SGBs Bonds etc.
Mobile Banking and UPI are very smooth.
Recently the Bank launched WhatsApp Banking where account holders can get access to more than 25 services for banking, credit cards, and loans
Built India’s one of the first @FASTag_NETC with Triple Benefits – Toll, Fuel and Parking with more than 8.5 Million FASTag issued
Built India’s one of the first @FASTag_NETC with Triple Benefits – Toll, Fuel and Parking with more than 8.5 Million FASTag issued
IDFC First Bank is one of the most efficient and FinTech-friendly banks in India, currently partnered with
Amazon Pay
CRED
Flipkart Pay Later
Dukaan
MakeMyTrip
Paisabazaar
Xiaomi
Ola Postpaid
Paysense
Moneyview
Mobikwik
Offering Personal Loan, BNPL and Consumer Durable Loans.
Amazon Pay
CRED
Flipkart Pay Later
Dukaan
MakeMyTrip
Paisabazaar
Xiaomi
Ola Postpaid
Paysense
Moneyview
Mobikwik
Offering Personal Loan, BNPL and Consumer Durable Loans.
Notable - IDFC First Bank is one of the first to go live on
RBI's Account Aggregator and Government's ONDC
RBI's Account Aggregator and Government's ONDC
Now talking about IDFC First Credit Cards
Launched in 2021, IDFC First has currently 5 Credit Card variants
• IDFC Millennia Credit Card.
• IDFC Classic Credit Card.
• IDFC Select Credit Card.
• IDFC Wealth Credit Card.
• IDFC WoW Credit Card.
Launched in 2021, IDFC First has currently 5 Credit Card variants
• IDFC Millennia Credit Card.
• IDFC Classic Credit Card.
• IDFC Select Credit Card.
• IDFC Wealth Credit Card.
• IDFC WoW Credit Card.
Features I like the most
• 0.6-2.5% Cashback
• No Joining/Annual Fees
• Lifetime Free Credit Cards
• Free Railway and Airport Lounge
• Roadside Breakdown Assistance
• Free Insurance Cover
• Free Movie Tickets BOGO
• Interest-Free ATM Withdrawal
• Lower 9.36% Interest
• 0.6-2.5% Cashback
• No Joining/Annual Fees
• Lifetime Free Credit Cards
• Free Railway and Airport Lounge
• Roadside Breakdown Assistance
• Free Insurance Cover
• Free Movie Tickets BOGO
• Interest-Free ATM Withdrawal
• Lower 9.36% Interest
PS - This is an affiliate link and I might get a small referral if your application is approved.
If you are a student or don’t have a stable income, I don’t recommend you get a credit card.
If you are a student or don’t have a stable income, I don’t recommend you get a credit card.
Also, it’s worthwhile to read more about the MD & CEO of IDFC First Bank - Mr V Vaidyanathan
He donated a few crores of his shares in recent years to his teacher, house help, drivers, etc.
Veteran Banker with Incredible Career 👇
He donated a few crores of his shares in recent years to his teacher, house help, drivers, etc.
Veteran Banker with Incredible Career 👇
Disclaimer - I'm a Customer and shareholder of IDFC First Bank, do your own diligence and consult your financial advisor before making any financial decisions.
Data Source - IDFC First Bank Investor Presentation and News Articles. Copyright to their respective owners.
Data Source - IDFC First Bank Investor Presentation and News Articles. Copyright to their respective owners.
That’s all folks, hope you enjoyed reading this Thread and found it insightful.
Appreciate your RT to help me reach more people. You can follow me @Ravisutanjani for more insights into Indian Startups & FinTech.
Appreciate your RT to help me reach more people. You can follow me @Ravisutanjani for more insights into Indian Startups & FinTech.
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