IDFC FIRST Bank launches Hello Cashback Credit Card

IDFC FIRST Bank launches Hello Cashback Credit Card, a fixed-deposit-backed offering designed to make credit more accessible for digitally savvy customers, especially young adults aged 18+ with online-first and UPI-led spending habits. The card enables customers to begin building their credit history while benefiting from a strong and clearly differentiated cashback proposition on everyday digital payments.

Hello Cashback features a powerful tiered cashback structure, offering 5 per cent cashback on online spends above ¹10,000, 3per cent cashback on online spends up to ¹10,000, and 1per cent cashback on in-store, contactless, and UPI transactions. Uniquely, the 1per cent cashback also extends to essential categories such as utilities, education, and insurance. The card is priced at a joining fee of ¹1,000 and an annual fee of ¹1,000, with the joining fee waived until March 31, 2026, and the annual fee waived on annual spends of ¹2,00,000 in the previous year, making it a compelling combination of rewards, access, and credit building.