{
  "id": "idfc-lic-classic-select",
  "locale": "en",
  "name": "IDFC FIRST Bank LIC Classic & Select Credit Card",
  "bank": "IDFC FIRST Bank",
  "cardType": "shopping",
  "cardTier": "entry",
  "annualFee": "₹0 (Lifetime Free)",
  "loungeAccess": "2 complimentary domestic airport lounges per quarter (8/year on Select) + 4 railway lounges per quarter",
  "rewardsRate": "10X on LIC Premiums (2.00% Value) · 5X on Essentials & Other Spends (1.00% Value) · 0% Forex · 1 pt = ₹0.25",
  "bestFor": "LIC policyholders paying recurring life insurance premiums seeking lifetime-free rewards, 0% forex markup, and airport lounge access",
  "officialLink": "https://www.idfcfirst.bank.in/credit-card/lic-credit-card",
  "aiVerdict": {
    "score": 4.1,
    "summary": "Its modest reward rate and lifetime-free pricing offset the lack of lounge access.",
    "tradeOffs": [
      "Modest reward rate relative to the market's best cashback cards",
      "Limited lounge access compared with premium travel cards",
      "Data quality is PARTIAL, not fully live-verified"
    ],
    "confidence": 1
  },
  "rewardRatePercent": 1,
  "affiliateId": "idfc-lic-classic-select",
  "dataQuality": "PARTIAL",
  "legacyDataQuality": "PARTIAL",
  "evidence": {
    "version": 4,
    "asOf": "2026-10-16",
    "dataQuality": "PARTIAL",
    "verifiedAt": null,
    "unresolvedItems": [
      "fees.joining",
      "fees.annual",
      "fees.taxes",
      "fees.waiver",
      "fees.waiverEligibleSpend",
      "fees.waiverExclusions",
      "rewards.base",
      "rewards.accelerated",
      "rewards.channels",
      "rewards.caps",
      "rewards.capPeriods",
      "rewards.sharedLimits",
      "rewards.exclusions",
      "lounge.domestic",
      "lounge.international",
      "lounge.qualifyingSpend",
      "lounge.qualifyingPeriod",
      "lounge.guests",
      "lounge.issuerNetwork",
      "redemption.value",
      "redemption.minimum",
      "redemption.charges",
      "redemption.expiry",
      "redemption.transfers",
      "redemption.restrictions",
      "eligibility",
      "availability",
      "effectiveDates"
    ],
    "calculation": {
      "status": "unavailable",
      "reason": "Claim-level evidence review incomplete"
    }
  },
  "sources": [
    "https://www.idfcfirst.bank.in/credit-card/lic-credit-card",
    "https://www.idfcfirst.bank.in/content/dam/idfcfirstbank/pdf/credit-card/MITC-Document-Customer.pdf"
  ],
  "feeWaiver": "100% Lifetime Free with zero joining and annual renewal charges forever",
  "networks": [
    "RuPay",
    "Mastercard"
  ],
  "quickFacts": [
    {
      "key": "Joining Fee",
      "value": "₹0 (100% Lifetime Free)"
    },
    {
      "key": "Annual Renewal Fee",
      "value": "₹0 (100% Lifetime Free)"
    },
    {
      "key": "Foreign Currency Markup",
      "value": "0% (Zero Forex Markup)"
    },
    {
      "key": "LIC Insurance Rewards",
      "value": "10X Points (2.00% return) on official LIC portal"
    },
    {
      "key": "Airport Lounge Access",
      "value": "2 visits / quarter (8 visits/year on Select)"
    },
    {
      "key": "Railway Lounge Access",
      "value": "4 visits / quarter"
    },
    {
      "key": "UPI Payments",
      "value": "Supported on RuPay variant"
    }
  ],
  "earnRates": [
    {
      "category": "LIC Insurance Premiums (10X)",
      "rate": "10 Points / ₹125 (2.00% value)",
      "monthlyCap": "First 5 transactions/cycle",
      "perLakhSpent": "8,000 Points (~₹2,000 value)"
    },
    {
      "category": "Essentials (Grocery, Utility, Railway, Education, Govt) (5X)",
      "rate": "5 Points / ₹125 (1.00% value)",
      "monthlyCap": "600 Points / month",
      "perLakhSpent": "4,000 Points (~₹1,000 value)"
    },
    {
      "category": "All Other Domestic Retail Spends (5X)",
      "rate": "5 Points / ₹125 (1.00% value)",
      "monthlyCap": "Uncapped",
      "perLakhSpent": "4,000 Points (~₹1,000 value)"
    }
  ],
  "hasAccelerated": true,
  "acceleratedEarn": [
    {
      "channel": "LIC Insurance Premiums",
      "multiplier": "10X",
      "rate": "10 Points / ₹125 (2.00%)",
      "monthlyCap": "Max 5 transactions per billing cycle",
      "note": "Valid only on premiums paid through LIC's official website (licindia.in)."
    },
    {
      "channel": "Hotel Bookings via Bank App",
      "multiplier": "20% Bonus",
      "rate": "20% Bonus Points per ₹125",
      "monthlyCap": "Uncapped",
      "note": "Booked via FIRST Rewards Gallery in IDFC FIRST Bank app."
    },
    {
      "channel": "Flight Bookings via Bank App",
      "multiplier": "8% Bonus",
      "rate": "8% Bonus Points per ₹125",
      "monthlyCap": "Uncapped",
      "note": "Booked via FIRST Rewards Gallery in IDFC FIRST Bank app."
    }
  ],
  "redemptionRoutes": [
    {
      "route": "LIC Insurance Premium Payments",
      "value": "₹0.25 / Reward Point",
      "minPoints": "500 pts",
      "ceiling": "None",
      "fee": "Nil",
      "isBest": true
    },
    {
      "route": "Direct Statement Cash Credit",
      "value": "₹0.25 / Reward Point",
      "minPoints": "1,000 pts",
      "ceiling": "None",
      "fee": "Nil",
      "isBest": true
    },
    {
      "route": "Flight & Hotel Bookings",
      "value": "₹0.25 / Reward Point",
      "minPoints": "500 pts",
      "ceiling": "None",
      "fee": "Nil",
      "isBest": true
    }
  ],
  "exclusions": [
    "Private non-LIC insurance payments.",
    "Rental and property management payments.",
    "Fuel purchases (eligible for 1% surcharge waiver only).",
    "ATM cash withdrawals and EMI conversions."
  ],
  "feesDetail": [
    {
      "item": "Joining Fee",
      "value": "₹0 (100% Lifetime Free)",
      "warn": false
    },
    {
      "item": "Annual Renewal Fee",
      "value": "₹0 (100% Lifetime Free)",
      "warn": false
    },
    {
      "item": "Finance Charges (Interest Rate)",
      "value": "0.71% to 3.85% per month (8.5% to 46.2% per annum)",
      "warn": false
    },
    {
      "item": "Foreign Currency Markup",
      "value": "0% (Zero Forex Markup)",
      "warn": false
    },
    {
      "item": "Cash Advance Fee",
      "value": "₹199 per transaction (interest-free up to 45 days)",
      "warn": false
    },
    {
      "item": "Fuel Surcharge Waiver",
      "value": "1% waiver on ₹200 to ₹5,000 transactions (Max ₹300/month)",
      "warn": false
    }
  ],
  "eligibilityDetail": [
    {
      "criteria": "Target Demographic",
      "requirement": "LIC Policyholders, Salaried Individuals, and Self-Employed Professionals"
    },
    {
      "criteria": "Existing Cardholder Rule",
      "requirement": "Existing IDFC FIRST Bank credit cardholders are ineligible to apply"
    },
    {
      "criteria": "Age Requirement",
      "requirement": "21 to 65 years"
    },
    {
      "criteria": "Credit Score",
      "requirement": "710+ CIBIL score recommended"
    }
  ],
  "timelineEvents": [],
  "pointsValuation": null
}