Latest news with #IndiGoBluChip
News18
16 hours ago
- Business
- News18
IndiGo and IDFC FIRST Bank launch co-branded credit card
New Delhi [India], August 18 (ANI): IndiGo airlines and IDFC FIRST Bank have announced the launch of the 'IndiGo IDFC FIRST Credit Card', a unique product that combines the benefits of both Mastercard and RuPay networks through a single company on Monday stated that the card has been designed to provide wider acceptance and maximum payment flexibility, making it a one-of-a-kind offering in the per the company the credit card enhances travel experiences with attractive features such as lifestyle privileges, a low forex markup, trip cancellation cover, and accelerated rewards on IndiGo flight bookings, milestone spends, and everyday this launch, IndiGo has further strengthened its IndiGo BluChip loyalty program portfolio, giving customers more opportunities to earn IndiGo BluChips through their daily FIRST Bank has highlighted that the initiative reflects its vision of building a world-class bank powered by technology and a Customer First ensure accessibility, the card is also offered with an FD-backed option, making it practically assured for everyone while maintaining responsible credit risk company stated that this IndiGo IDFC FIRST Credit Card comes with several benefits. Customers can either pay a joining fee of Rs 4,999 or apply with a Rs 1 lakh Fixed Deposit for zero joining fee and guaranteed opting for the joining fee route receive a welcome voucher worth 5,000 IndiGo BluChips along with a complimentary 6E Eats meal activation, customers also earn 3,000 additional BluChips by spending Rs 1 lakh within 90 days of card offers accelerated rewards of up to 22 BluChips per Rs 100 on IndiGo flight bookings via the IndiGo website and mobile app, and milestone benefits of up to 25,000 BluChips can also enjoy low forex markup of 1.49 per cent, travel insurance, and trip cancellation cover, while frequent flyers can accumulate up to 85,000 BluChips in a year, enough for multiple free IndiGo IDFC FIRST Credit card allows customers to earn free flights faster with earnings across daily annual spends of Rs 12 lakh (Assuming 15 per cent on Flight Bookings on IndiGo Web & App), customers can earn up to 60,000 IndiGo BluChips plus bonus vouchers of 25,000 IndiGo BluChips, every year, enough for multiple free flights to popular Chopra, Chief Information & Digital Officer, IndiGo said: 'It is our endeavor to continuously enhance the value proposition of IndiGo BluChip for our loyal customers, making this relationship a rewarding experience for them. We are delighted to join hands with IDFC FIRST Bank to offer co-branded credit cards to our customers that enable them to convert their everyday expenses into BluChips and enjoy travel benefits on our ever-growing network."Speaking about the launch, Shirish Bhandari, Head, Credit Cards, Tolls & Transit and Loyalty, said, 'With the IndiGo IDFC FIRST Credit Card, we're making premium travel accessible to all, not just a few. This is more than just a credit card; it's a bold step toward democratizing travel and financial empowerment by allowing every Indian, regardless of credit history, to own the same world-class product, through a flexible application journey that includes both traditional and Fixed Deposit-backed access. Combined with a dual-network card pair, Mastercard and RuPay, the card ensures widest acceptance across India and globally, with the added convenience of UPI for everyday spends and a low forex markup of just 1.49 per cent for international use. It's a truly inclusive, digital-first, and rewarding travel card for today's generation of flyers."Anubhav Gupta, Senior Vice President, Business Development, South Asia at Mastercard, said, 'Travel today is about more than just getting from one place to another, it's about comfort, convenience, and value throughout the journey. With this new card, Mastercard is proud to support a product that enhances every part of the travel experience. From easy bookings and rewarding spends to travel insurance and lifestyle perks, this card is designed to make travel simpler, more enjoyable, and financially smarter for consumers across segments."Speaking on the development, Rajeeth Pillai, Chief Relationship Management, NPCI said, 'We are happy to collaborate with IDFC FIRST Bank and IndiGo to launch this co-branded credit card on the RuPay network. The card's UPI-enabled functionality allows users to link their RuPay credit card to a UPI ID, enabling seamless and secure transactions. It also works seamlessly across POS and e-commerce platforms, offering users flexibility and wider acceptance. This innovative feature enhances accessibility and convenience, making everyday transactions as well as travel-related spending more rewarding and secure for user". (ANI)
Mint
04-08-2025
- Business
- Mint
IDFC First Bank and Indigo introduce dual credit card with Mastercard and RuPay. Details here
IDFC FIRST Bank and Indigo have launched Indigo IDFC FIRST Dual Credit Card, which offers two credit cards—Mastercard and RuPay cards with a common credit limit. 'Regardless of how you apply, whether by paying a joining fee or with a Fixed Deposit (FD), you will receive two physical cards — Mastercard and RuPay in one kit. All transactions will reflect in a single statement. Your credit limit will be shared between both cards, and all spending on both cards will contribute towards your IndiGo BluChip earnings, activation, and milestone benefits,' IDFC FIRST Bank said. You have to set the PIN and transaction preference for both cards separately. You can do an FD-based application if you prefer no credit checks for eligibility. You can get the card through a credit eligibility-based application if you are a regular credit card user. Your spending across both your cards will be used for IndiGo BluChips and milestone benefits calculations. A single e-statement will be generated, and you have to make a single payment for both cards. Here are the features and benefits offered by the dual credit card: IndiGo IDFC FIRST Dual Credit Card comes with a joining fee of ₹ 4999 + GST and an annual fee (payable from the second year onwards) of ₹ 4999 + GST. However, you can get the card without paying any joining fee by opting for the FD-backed variant, which requires you to take an FD of ₹ 1 lakh with the bank. Voucher of 5000 IndiGo BluChips. A complimentary IndiGo meal voucher. Welcome benefits are available only for those who pay the joining fee. They are not available for the FD-backed variant of the card. Three months complimentary EasyDiner prime membership worth ₹ 1095. 1095. Postcard hotels stay voucher worth ₹ 3000. 3000. One-time exclusive benefits are applicable to both the joining fee variant and the FD variant of the card. Spend ₹ 1 lakh within 90 days of card issuance and earn a voucher of 3000 IndiGo BluChips. Customers can earn IndiGo BluChips on every transaction using the IndiGo IDFC FIRST Credit Card. Here's how the IndiGo BluChips are calculated. Six IndiGo BluChips on every ₹ 100 spent on flights booked on the IndiGo website and mobile app. 100 spent on flights booked on the IndiGo website and mobile app. Three IndiGo BluChips on every ₹ 100 spent on other categories. 100 spent on other categories. 0.5 BluChips on every ₹ 100 spent on UPI on credit card spends. 100 spent on UPI on credit card spends. 0.5 IndiGo BluChips on insurance, rent, utility and wallet spends as defined by the network's MCCs (Merchant Category Codes). The above structure is applicable for both Mastercard and RuPay cards. No BluChips will be rewarded on cash transactions and transactions converted into EMI. IndiGo BluChips can be redeemed for booking flight tickets. The value of IndiGo BluChip could vary depending upon the flight source and destination, and day of flight booking among others, at the discretion of IndiGo. The sooner you book your flight, the more chances of maximizing your IndiGo BluChips' worth. IndiGo BluChips can be redeemed against IndiGo flights through the IndiGo website and mobile app. For more details, visit here. Forex mark-up: 1.49% 1.49% Trip cancellation cover: Up to ₹ 25000/year (Two claims/year) Up to 25000/year (Two claims/year) Air accident insurance: ₹ 1 crore 1 crore Personal accident cover: ₹ 10 lakh 10 lakh Lost card liability cover: ₹ 50000 50000 Benefits worth $1200 for 'Travel Insurance' If you are applying for an IDFC FIRST Bank credit card for the first time, your eligibility will be assessed based on the internal policies of the bank, and subsequently, the credit limit will be assigned. If you already have an IDFC FIRST Bank unsecured credit card, your new credit card will also have the same credit limit. The credit limit, however, will be shared across all unsecured credit cards. The credit limit for the FD-backed variant will be equal to the FD amount. Allirajan M is a journalist with over two decades of experience. He has worked with several leading media organisations in the country and has been writing on mutual funds for nearly 16 years. For all personal finance updates, visit here. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
