Joining Fee

₹3,000

Annual Fee

Rs. 3000 (Reversed on annual spends of Rs. 6 Lakhs)

Add-on Card Fee

₹499 per supplementary card

IDFC FIRST Bank

Travel

Lifestyle

Rewards

Best For: Frequent international travelers, Lifestyle and luxury spenders, Golf enthusiasts, Hotel and travel bookers

Diamond Reserve Credit Card

Rewards Structure

Base Reward Rate

10% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹5,000 /monthly

Pros

Zero forex markup on international spends
Never-expiring reward points
Complimentary domestic and international airport lounge access
Complimentary railway lounge access
Golf benefits at 20+ courses
Interest-free global ATM cash withdrawals
Comprehensive travel and accident insurance
Buy 1 Get 1 movie offer
Hotel stay benefits at ITC and luxury villa properties
Annual fee waived on ₹6L annual spends

Cons

₹3,000 joining fee upfront required before card dispatch
Lounge access contingent on ₹20,000 monthly spend
Cash advance fee of ₹199+GST per ATM transaction
Max ATM cash withdrawal of ₹10,000 per transaction

Hidden Catches (Transparency Policy)

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

Lounge benefit requires ₹20,000 spend in current calendar month to unlock next month's access

Welcome gift voucher requires ₹5,000 spend within 30 days of activation

Annual fee waiver threshold is ₹6 lakh annual spends

Key Benefits & Features

Zero forex mark-up on international purchases and ATM withdrawals

Interest-free global ATM cash withdrawals; flat ₹199 + GST per transaction; max ₹10,000 per transaction

Airport Meet & Greet: 1 complimentary per year, 10% off on remaining

Airport transfer discounts via premium limousine services in 3000+ cities across 83 countries

Complimentary 3rd night stay for every 2 paid nights at ITC Hotels

Free 3rd night stay for every 2 paid nights at Elivaas Luxury Villas

Exclusive perks and discounts at 900+ luxury hotels worldwide

24x7 Roadside Assistance (RSA) worth ₹1,399 complimentary

300+ brand offers across dining, shopping, travel and more

10% value back on hotel bookings and 5% value back on flight bookings via IDFC FIRST Bank Mobile App FIRST Rewards Gallery

Dynamic interest rates (APR) starting at 8.5% per annum

UPI-enabled card: joining and annual fee of ₹199+GST; 100% cashback up to ₹200 on joining fee (limited period)

Domestic flight: ₹500 off on min ₹5,000 one-way booking; ₹700 off on min ₹7,000 round trip

Lounge benefit activated in next calendar month by spending ₹20,000 or more in current calendar month

Required Documents

IDENTITY Proof

PAN Card

Aadhaar Card

Official Terms & Conditions

These details are based on information updated on 6 March 2026. Fees and benefits change often - confirm on the issuer's own page before applying.

About Diamond Reserve Credit Card

The IDFC FIRST Bank Diamond Reserve Credit Card is a premium travel and lifestyle card designed for frequent international travelers, luxury spenders, golf enthusiasts, and discerning individuals who seek elevated everyday experiences. With a joining and annual fee of ₹3,000 + GST (waived on annual spends of ₹6 lakh or more), the card delivers exceptional value across travel, dining, entertainment, and more. On the travel front, cardholders enjoy zero forex mark-up on international transactions, complimentary domestic and international airport lounge access (2 per quarter each), railway lounge visits, airport meet-and-greet services, interest-free global ATM withdrawals, and airport transfer discounts across 3,000+ cities in 83 countries. A free trip cancellation cover of up to ₹25,000 adds further peace of mind for globetrotters. Lifestyle privileges include complimentary third-night stays at ITC Hotels and Elivaas Luxury Villas, access to 900+ luxury hotels worldwide, curated dining deals, and up to 2 complimentary monthly golf rounds or lessons at 20+ courses. Cardholders also benefit from Buy 1 Get 1 movie offers, never-expiring reward points, up to 10% value back on travel bookings via the IDFC FIRST Bank app, comprehensive insurance coverage, 24x7 roadside assistance, fuel surcharge waivers, and 300+ brand offers year-round.

Expert Review