IDFC FIRST Quantum+ Credit Card 2026: Lifetime Free, FD-Backed Card with Up to 2% Cashback
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Apply for the IDFC FIRST Quantum+ Credit Card — a lifetime free, FD-backed credit card with zero forex markup, up to 2% cashback on online spends, and no income proof or credit history required.
Key Highlights at a Glance
| Feature | Details |
|---|---|
| Joining & Annual Fee | ₹0 — Lifetime Free, no conditions |
| Card Type | FD-backed (secured), credit limit = 100% of FD value |
| Minimum FD Required | ₹5,000 (some sources list ₹10,000 — confirm current minimum on IDFC FIRST’s site) |
| Forex Markup | 0% |
| Online Cashback | 1% up to ₹10,000/cycle, 2% on incremental spends above ₹10,000 |
| Offline & UPI Cashback | 1% each (UPI only via IDFC FIRST Bank App) |
| Select Category Cashback | 0.5% (utility, rent, jewellery, wallet, insurance, govt. services) |
| Bonus Travel Cashback | +1% on flight/hotel bookings via IDFC FIRST Bank App |
| Total Cashback Cap | ₹500 per statement cycle, across all categories |
| Insurance Cover | ₹2,00,000 Personal Accident Cover + ₹25,000 Lost Card Liability Cover |
| Income/Credit History | Not required |
IDFC FIRST Quantum+: Lifetime Free + Up to 2% Cashback
🎁 Perks: 0% Forex Markup • Up to 2% Cashback on Online Spends • 1% on UPI & Offline • No Income Proof or Credit History Needed • FD Earns Up to 6.5% Interest
Apply Now →💳 Quantum+ Card: Rewards & Benefits Fact Sheet
🎯 Cashback Rates
| Spend Type | Cashback |
|---|---|
| 🛒 Online spends (up to ₹10,000/cycle) | 1% |
| 🛒 Online spends (incremental, above ₹10,000/cycle) | 2% |
| 🏬 Offline / in-store spends | 1% |
| 📲 UPI Scan & Pay via IDFC FIRST Bank App | 1% |
| 💡 Utility, Rent, Jewellery, Wallet, Insurance, Govt. Services | 0.5% |
| ✈️ Hotel & Flight bookings via IDFC FIRST Bank App | +1% bonus (on top of base online rate) |
Total cashback capped at ₹500 per statement cycle, combined across every category.
🧮 Real Examples
- 🛒 ₹8,000 online spend/month → ₹80 cashback (1% flat, under ₹10,000 milestone)
- 🛒 ₹15,000 online spend/month (₹10,000 @ 1% + ₹5,000 @ 2%) → ₹200 cashback
- 📲 ₹5,000 offline + ₹3,000 UPI via app → ₹50 + ₹30 = ₹80 cashback
- ✈️ ₹7,000 flight booked via IDFC FIRST App (within 10k online milestone) → 1% base (₹70) + 1% bonus (₹70) = ₹140 cashback (across two payout cycles — see fine print)
🚫 No Cashback On
ATM cash withdrawals • EMI transactions • UPI spends via third-party apps (GPay, PhonePe, etc.)
📌 Select categories (utility, rent, jewellery, wallet, insurance, govt. services) and EMI transactions also don’t count toward the ₹10,000 online spend milestone.
⚠️ Fine Print on Cashback Timing
- 💰 Cashback credits one day after your Payment Due Date (PDD+1) — not immediately
- ❌ If the Minimum Amount Due (MAD) isn’t paid by the due date, that entire cycle’s cashback is forfeited
- ✈️ Bonus travel cashback becomes eligible only 5 days after travel/check-in completes — if your statement generates before that, the bonus rolls into the next cycle’s payout instead
- 🔁 Cancelled/refunded transactions reverse any cashback already credited
🏦 Fixed Deposit Rules
- FD must be single-held and on auto-renewal/reinvest mode
- Not eligible: FDs held by HUFs, partnerships/societies/trusts, minors, joint holders, Tax Saver FDs, or Flexi (auto-sweep) FDs
- FD continues earning up to 6.5% interest while powering your credit limit
- Credit limit = 100% of your FD value
🛡️ Other Privileges
- Personal Accident Cover: ₹2,00,000
- Lost Card Liability Cover: ₹25,000
- Cash withdrawal facility: interest-free for 45 days at a flat fee of ₹199 + GST (doesn’t dip into your FD)
Eligibility Criteria
- Age: 18 to 80 years
- Resident of India
- Valid Aadhaar and physical PAN card for Video KYC
- Open (or link) an FD of at least ₹5,000 with IDFC FIRST Bank
- No income proof or credit history required
How to Apply Online
- Click Apply Now and enter your details
- Create a new FD online, or link an existing eligible FD via the IDFC FIRST Bank Mobile App
- Complete Video KYC
- Bank issues your virtual card instantly — start using it right away for online and UPI payments
- Physical card delivered to your registered address within 5 working days
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