MyFinCards
Ashva

Joining Fee

₹2,999

Annual Fee

Rs. 2999 + Taxes

Forex Markup

1% + GST

INTERNATIONAL
IDFC FIRST Bank
Lifestyle
Travel
Rewards
Best For: Frequent international travellers, Lifestyle and luxury spenders, Hotel and flight bookers via IDFC FIRST app, Golf enthusiasts

Ashva

Rewards Structure

Base Reward Rate

0.67% on spends

Point Value

1 Point = ₹0.4

Pros

  • Very low 1% forex markup for international spends
  • High reward multipliers – up to 50X on hotel and 30X on flight bookings
  • Comprehensive insurance coverage including air accident cover of ₹1 Crore
  • Quarterly airport and railway lounge access
  • Golf privileges and movie benefits
  • VISA Infinite privileges including luxury hotel benefits and concierge

Cons

  • Joining and annual fee of ₹2,999 + GST
  • Add-on metal card charges ₹2,000 joining fee
  • Joining fee is non-refundable and must be paid upfront
  • Lounge and railway access require ₹20,000 spend in current month to activate next month benefit
  • High reward rates (50X/30X) only via IDFC FIRST Bank Mobile App Travel and Shop section

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Lounge and railway lounge access require ₹20,000 spend in current calendar month

Golf benefit requires ₹20,000/₹40,000 spend in previous statement cycle

Joining fee benefit (7,500 points) not available if customer previously held Ashva Credit Card

High reward rates only applicable via Travel and Shop section in IDFC FIRST Mobile App

Fuel surcharge waiver capped at ₹300 per statement cycle

Trip cancellation cover limited to twice a year up to ₹25,000

Key Benefits & Features

VISA Infinite luxury hotel benefits at 900+ hotels worldwide including room upgrades and complimentary breakfast

Complimentary roadside assistance worth ₹1,399

Flat ₹5,000 discount on The Postcard Hotels & Resorts on minimum booking of ₹25,000, once per quarter

Airport transfer discounts on limousine services in 3,000+ cities across 83 countries

VISA Infinite Airport Meet and Greet: 1 complimentary per year on USD 1,000 international spend in past 12 months; 10% discount otherwise

Notable Exclusions

Cash withdrawals, fees, charges, and GST are not eligible for reward points

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

Official Terms & Conditions

About Ashva

The IDFC FIRST Bank Ashva Metal Credit Card draws its inspiration from ancient Indian royalty, where horses — or Ashva — were revered symbols of pride, strength, and forward momentum. Crafted with an embedded metal body weighing 12 grams and featuring two regal horses reminiscent of Indian folklore, this card is more than a financial instrument — it is a piece of Indian heritage designed for the modern world. The Ashva card is built for frequent international travellers, lifestyle enthusiasts, and luxury spenders. It offers a low 1% forex markup fee for cost-effective international transactions, complimentary airport lounge access four times per quarter in India and twice overseas, four complimentary railway lounge visits per quarter, and free trip cancellation protection of up to ₹25,000 twice a year. Golf enthusiasts benefit from two complimentary rounds or lessons monthly on spending over ₹20,000, while movie lovers enjoy buy-one-get-one-free tickets twice a month. Additional perks include VISA Infinite privileges, comprehensive travel insurance, and 24/7 roadside assistance. On the rewards front, cardholders can earn up to 60X reward points, with 50X on hotel bookings and 30X on flight bookings made through the IDFC FIRST Bank app. The joining and annual fee are ₹2,999 plus GST each, with reward points offered as a fee offset benefit.

Expert Review

Our Verdict

Premium metal card with 50X hotel rewards, 1% forex markup, golf, lounge & comprehensive insurance benefits.

Frequently Asked QuestionsAbout Ashva

FEESWhat are the joining and annual fees for the Ashva Metal Credit Card?
The Ashva Metal Credit Card has a joining fee of ₹2,999 + GST and an annual fee of ₹2,999 + GST from the second year onwards. Please note that upfront payment of the joining fee + GST is required for dispatch of the metal credit card, and this fee is non-refundable. For add-on cards, the joining fee for the metal variant is ₹2,000 + GST, the plastic variant is ₹1,500 + GST, and the annual fee for both variants is ₹1,000 + GST.
REWARDSWhat reward points can I earn on the Ashva Metal Credit Card?
With the Ashva Metal Credit Card, you can earn up to 60X Reward Points. Specifically, you earn 50X Bonus Reward Points on hotel bookings and 30X Bonus Reward Points on flight bookings made via the 'Travel and Shop' section on the IDFC FIRST Bank Mobile App. Additionally, you earn up to 10X Reward Points on incremental spends above ₹20,000 in a statement cycle. The base earn rate is 1 Reward Point per ₹150 spent. Reward Points are valued at ₹0.40 each when redeemed for hotel and flight bookings via the app.
REWARDSWhat is the value of reward points and how can I redeem them?
Each Reward Point on the Ashva Metal Credit Card is valued at ₹0.40 when redeemed for hotel and flight bookings through the 'Travel and Shop' section on the IDFC FIRST Bank Mobile App. The maximum redemption value is up to ₹0.40 per Reward Point. To maximize the value of your reward points, it is recommended to redeem them for travel bookings via the IDFC FIRST Bank Mobile App rather than other redemption options.
REWARDSWhat is the joining fee benefit on the Ashva Metal Credit Card?
When you pay your joining fee, you earn 2,500 Reward Points. You can earn an additional 2,500 Reward Points on spends over ₹20,000 in your second statement cycle, and another 2,500 Reward Points on spends over ₹20,000 in your third statement cycle — totalling 7,500 Reward Points worth up to ₹3,000. This benefit is applicable for cards generated on or after 1st September 2025 and is offered once per customer. If you have previously held an Ashva Credit Card, you will not be eligible for this benefit again.
BENEFITSHow do I access airport lounges with the Ashva Metal Credit Card?
The Ashva Metal Credit Card provides 4 complimentary airport lounge visits in India and 2 overseas visits per quarter. To access Indian airport lounges, simply present your Ashva Credit Card at the lounge. For global airport lounges, present your Dreamfolks card, and advance bookings online are recommended for easier access. Important: You must spend ₹20,000 in the current calendar month to avail the lounge benefit in the following month.
BENEFITSDoes the Ashva Metal Credit Card offer railway lounge access?
Yes, the Ashva Metal Credit Card offers 4 complimentary visits to lounges at select Indian Railway Terminals per quarter. Please note that effective 20th February 2025, you are required to spend ₹20,000 within the current calendar month to access railway lounge benefits in the following month. You can explore the list of eligible railway lounges on the IDFC FIRST Bank website.
INTERNATIONALWhat forex markup does the Ashva Metal Credit Card charge on international transactions?
The Ashva Metal Credit Card charges a very low forex markup of just 1% (+GST) on international transactions, making it an excellent choice for frequent international travellers. This low forex markup applies to all international spends, including international transactions done in Indian currency. This can result in significant savings compared to the industry standard of 2–3.5% forex markup charged by most other credit cards.
BENEFITSWhat insurance coverage does the Ashva Metal Credit Card provide?
The Ashva Metal Credit Card comes with comprehensive insurance coverage including: Air Accident Cover of ₹1 Crore, Personal Accident Cover of ₹10,00,000, and Lost Card Liability Cover of ₹50,000. These covers are valid provided at least one transaction has been made on the Ashva Credit Card in the last 30 days. Additionally, the card offers comprehensive travel insurance covering Loss of Checked-in Baggage (USD 500), Delay of Checked-in Baggage (USD 100), Loss of Passport and other documents (USD 300), and Flight Delay (USD 300).
BENEFITSWhat golf and movie benefits does the Ashva Metal Credit Card offer?
The Ashva Metal Credit Card provides premium golf privileges: you unlock one complimentary golf round/lesson per month on spending ₹20,000 and an additional round/lesson on spending ₹40,000 in the previous statement cycle. For movies, you can avail a Buy One Get One Free offer on movie tickets with a minimum discount of ₹400 on the second ticket, twice every calendar month. This movie benefit can be availed through the District App by Zomato.
BENEFITSWhat trip cancellation protection does the Ashva Metal Credit Card offer?
The Ashva Metal Credit Card offers a Cancel for Any Reason travel protection benefit. If you cancel your flight or hotel bookings for any reason, you can receive reimbursement of up to ₹25,000 on the non-refundable portion of the booking. This benefit is available twice a year. For more details on the claim process, you can visit the IDFC FIRST Bank website.
BENEFITSWhat VISA Infinite privileges come with the Ashva Metal Credit Card?
As a VISA Infinite card, the Ashva Metal Credit Card unlocks a range of exclusive privileges including: a complimentary stay offer at ITC Hotels (Stay 3, Pay 2 or 50% off on 2nd night), similar offers at Elivaas properties, access to 900+ luxury hotels worldwide with premium benefits like room upgrades and complimentary breakfast, airport Meet and Greet service at major Indian airports, up to 20% off at participating restaurants, discounts on airport transfer limousine services in 3,000+ cities across 83 countries, and a personalized concierge service for dining, staycations, flights, and activities.
FEESIs the joining fee for the Ashva Metal Credit Card refundable?
No, the joining fee for the Ashva Metal Credit Card is non-refundable. An upfront payment of the joining fee + GST (₹2,999 + GST) is required before the metal credit card is dispatched to you. It is important to be aware of this before applying, as the fee cannot be reclaimed once paid, even if the card is not used.
APPLICATIONHow can I apply for the Ashva Metal Credit Card?
You can apply for the Ashva Metal Credit Card online through the IDFC FIRST Bank website by clicking the 'Apply Now' button on the Ashva Credit Card page. You can also apply via the IDFC FIRST Bank Mobile App or by visiting the nearest IDFC FIRST Bank branch. Since the joining fee must be paid upfront before the card is dispatched, ensure you are ready to complete the payment during the application process. For further assistance, you can contact IDFC FIRST Bank's customer care at 1800 10 888.
BENEFITSDoes the Ashva Metal Credit Card offer a fuel surcharge waiver?
Yes, the Ashva Metal Credit Card offers a 1% fuel surcharge waiver of up to ₹300 per statement cycle at all fuel stations across India. This waiver is applicable on transactions between ₹200 and ₹5,000. Please note that effective 20th February 2025, the fuel surcharge waiver has been revised to ₹300 per statement cycle.
FEESWhat are the annual fee waiver conditions for the Ashva Metal Credit Card?
To get the annual fee waived on the Ashva Metal Credit Card, you need to spend a minimum of ₹8 Lakhs in the previous card anniversary year. Upon meeting this spending milestone, you will receive 7,500 Reward Points worth up to ₹3,000, which effectively offsets the annual fee of ₹2,999 + GST. This makes the card highly rewarding for high spenders who can meet the annual spend threshold.

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