The IDFC FIRST Bank Hello Cashback Credit Card is a fixed-deposit-backed credit card that rewards you with straight cashback on almost all your everyday purchases — no points catalogues, no confusing tiers, just simple savings.
Why It Stands Out
Cashback up to ₹1,500 per cycle
You can earn cashback on both online and offline spends every statement cycle — up to ₹1,500 total.
UPI-ready from day one
This card is instantly enabled for UPI via the IDFC FIRST Bank app, so you can scan & pay with UPI and still earn cashback — even without switching to a different payment method.
FD-backed for easier approval
Your fixed deposit with the bank acts as assured credit collateral, meaning this card is often easier to get even if you’re building credit — and you continue earning interest on your FD.
Cashback Structure (How You Earn)
Up to 5% Cashback on Online Spends
3% on online spends up to ₹10,000 per cycle
5% on the incremental amount above ₹10,000 per cycle
(Max ₹1,000 cashback on online spends per cycle)
1% Cashback Everywhere Else
UPI spends via the IDFC FIRST Bank app
In-store swipes & essential spends
(Categories include utilities, rent, wallet load, insurance, education, govt services, FASTag, etc.)
1% Bonus on Travel Bookings
Get an extra 1% cashback on flights & hotels booked through the IDFC FIRST Bank app — stacked into the cashback cap.
Total max cashback: ₹1,500 per statement cycle across all categories.
Fees, Limits & Features
Joining Fee: ₹0 (introductory offer)
Annual Fee: ₹1,000 + GST (waivable based on spend)
Spend ₹1–2 lakh/y → 50% waived
Spend ≥₹2 lakh/y → 100% waived
Credit Limit: Up to 100% of your FD amount with the card.
Fuel surcharge waiver: 1% (up to ₹100 per cycle)
Complimentary roadside assistance worth ₹1,399 (up to 4 uses/yr)
Who This Card Is Best For
First-time credit card users or those building credit
Online shopping enthusiasts who want big cashback
People who pay via UPI frequently
Those who want a simple, no-points, direct cashback card
No complex reward tiers — just cashback credited directly to your card statement.