IDFC FIRST Quantum+ cashback rate, cap and annual fee
IDFC FIRST Quantum+ pays 1% on online and delivery, 1% on everything else, 0.5% on government and 0.5% on rent and property.
IDFC FIRST Bank · India · catalogue v101
Read from IDFC FIRST Bank's own published terms on 20 Sep 2026.
NoneAnnual fee
INR 500Cap across the whole card
1%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| online and delivery | 1.00% | —Online spending. IDFC pays 2% on whatever passes ₹10,000 in a statement cycle, which this entry does not hold. |
| everything else | 1.00% | —In-store purchases and everything else eligible, inside the ₹500 a cycle the whole card is limited to. |
| government | 0.50% | —Utility bills and government services, at half the base rate. |
| rent and property | 0.50% | —Rent, at half the base rate. |
A card for somebody with no credit file: it is secured against a fixed deposit from ₹5,000, the deposit keeps earning interest, and the limit is the whole of it. What it pays is capped at ₹500 a statement cycle across everything together, which is the number to hold onto — at 1% that ceiling arrives at ₹50,000 of spending and the card pays nothing after it. Online spending doubles to 2% past ₹10,000 in a cycle, and this app cannot express a rate that improves partway through a month, so it holds the 1%. Rent, utilities, wallet loads, insurance, jewellery and government services earn half a percent and do not count towards that ₹10,000. Nothing at all on fuel-adjacent EMI, cash withdrawals, or UPI paid through Google Pay, PhonePe or Paytm — only IDFC's own app. Zero foreign markup, lifetime free. Source: idfcfirst.bank.in, checked 20 Sep 2026.
Questions people ask
What cashback does the IDFC FIRST Quantum+ pay?
1% on online and delivery, 1% on everything else, 0.5% on government and 0.5% on rent and property.
Is there a cap on the IDFC FIRST Quantum+?
Yes — INR 500 a month across the whole card, however you split your spending.
What is the annual fee on the IDFC FIRST Quantum+?
No annual fee.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. It works offline and never connects to a bank.
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