IDFC First Bank has unveiled its latest premium offering, the Mayura Metal Credit Card.
This is one of the most affordable metal credit cards in India with a host of luxurious features.
Inspired by the elegance and grace of the peacock, Mayura symbolizes luck, poise, and beauty.
This card is designed to offer a premium lifestyle experience with exclusive benefits and rewards.
In this article, we will learn the details of the Mayura Metal Credit Card, its joining benefits, main features, reward system, fee structure, and more.
IDFC First Bank The Mayura Metal Credit Card
Joining Benefits
The Mayura Metal Credit Card comes with an attractive joining bonus that sets the tone for a rewarding experience.
10000 Reward Points: As a limited-time offer, you can earn 10,000 reward points upon payment of the joining fee if done before August 31st, 2024.
₹1,000 Cashback: For every transaction above ₹1,000, cardholders will receive ₹1,000 as cashback, up to a maximum of four times.
This offer is valid for 60 days after the virtual credit card is generated. The cashback is credited upon payment of the joining fee.
(Excluded transactions: cash withdrawals, fees, charges, GST, and transactions made via the FIRST Digital Credit Card associated with the Mayura Credit Card.)
Mayura Credit Card Benefits
The Mayura Metal Credit Card is packed with premium benefits that fulfil the needs of frequent travellers, shoppers, and lifestyle enthusiasts.
1. 0% Forex Markup Fees
This card is ideal for international travellers as it offers a 0% forex markup fee on international transactions, allowing you to save significantly on currency conversion charges.
2. BOGO on BookMyShow
Enjoy a “Buy One Get One Free” offer on BookMyShow, with a capping of ₹500 per ticket. You can avail of this benefit for up to two tickets.
3. Fuel Surcharge Waiver
Avail of a 1% fuel surcharge waiver up to ₹500 per statement cycle at all fuel stations across India for transactions between ₹200 and ₹5,000.
4. No Interest on Cash Withdrawals
Unlike many other credit cards, the Mayura Metal Credit Card offers no interest on cash withdrawals, making it a convenient option in times of need.
5. Complimentary Lounge Access
Cardholders can enjoy up to four complimentary visits per quarter to domestic and international lounges, including one complimentary visit per quarter for an accompanying guest at select Indian airport lounges.
To avail of this benefit, you need to spend ₹20,000 in the current calendar month.
6. Free Trip Cancellation Cover
The card offers a unique “For Any Reason” trip cancellation cover, allowing you to cancel flight and hotel bookings and receive reimbursement of up to ₹50,000 twice a year.
7. Railway Lounge Access
Cardholders also receive four complimentary visits per quarter to select Indian railway terminals, enhancing the travel experience.
8. Complimentary Golf Rounds
For every ₹20,000 spent using the Mayura Credit Card, you can avail of up to two complimentary golf rounds or golf lessons each month.
9. Roadside Assistance
In case of emergencies, the card provides complimentary roadside assistance, adding an extra layer of security and convenience.
10. Mastercard World Privileges
Enjoy exclusive Mastercard World privileges, including meet-and-greet airport services, and limo service airport pickup and drop.
Reward Points In IDFC First Mayura Card
The Mayura Metal Credit Card offers a rewarding experience with its comprehensive reward system:
10 Reward Points: Earn 10 reward points for every incremental spend above ₹20,000 in a statement cycle and on your birthday.
5 Reward Points: Earn 5 reward points on spending up to ₹20,000 in a statement cycle.
3 Reward Points: Earn 3 reward points on education, wallet load, government, rent, and property management/purchase transactions.
1 Reward Point: Earn 1 reward point on utilities and insurance transactions.
It’s important to note that reward points will not be given on spends converted to EMI, cash withdrawal, fuel, fees, and charges.
Additionally, the categories eligible for 10X monthly milestone points do not include education, wallet load, government, rent, and property management/purchase transactions.
Reward Points Value
The value of the reward points is designed to offer maximum benefits:
1 Reward Point: Earn 1 reward point for every ₹150 spent in a transaction.
Reward Point Value: The value of 1 reward point is ₹0.25.
No Expiry: All reward points earned on the Mayura Metal Credit Card never expire, giving you the flexibility to redeem them at your convenience.
IDFC First Mayura Card Annual Fee
The Mayura Metal Credit Card comes with a competitive fee structure, making it one of the most affordable premium metal credit cards in India:
Joining Fee: ₹5,999 + GST (with joining benefits)
Annual Fee: ₹5,999 + GST (no annual benefits)
Add-On Card Fee: Metal Variant – ₹4,000, Plastic Variant – ₹3,000; Annual Fee for both variants – ₹2,000.
The Mayura Metal Credit Card from IDFC First Bank is an excellent choice for those looking to experience luxury without breaking the bank.
With its premium features, attractive reward system, and many other exclusive benefits, this card offers great value for money.
Whether you’re a frequent traveller, a golf enthusiast, or someone who enjoys the finer things in life, the Mayura Metal Credit Card is designed to enhance your lifestyle in every way.
FAQs
What is the eligibility criteria for the Mayura Metal Credit Card?
The eligibility criteria typically include a good credit score, a stable income, and a satisfactory credit history. IDFC First Bank may have specific requirements that can be checked on their official website.
Can I convert my transactions into EMI with the Mayura Metal Credit Card?
Yes, you can convert your transactions into EMI; however, reward points will not be given on such transactions.
How can I avail of the complimentary lounge access benefit?
To avail of the complimentary lounge access benefit, you need to spend ₹20,000 in the current calendar month to enjoy this privilege in the next month.
Is there any cashback offer with the Mayura Metal Credit Card?
Yes, for every transaction above ₹1,000, you receive ₹1,000 as cashback, up to a maximum of four times, within the first 60 days after the virtual credit card is generated.
What is the value of the reward points?
The value of 1 reward point is ₹0.25, and the points never expire.
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