Are you having financial problems? Well, this is the time you use your IDFC Credit Card. These products have a reputation for luxury purchases, but do you know they can be handy to meet financial needs as well. So, if someone is ill and you need money for hospital bill payments, use a credit card. With this, you won’t have to go anywhere to borrow a lump sum amount. This simple plastic card will help you meet your financial needs in just one swipe. Just ensure your credit limit is enough to cover such expenses. Let’s read this article and know more about the benefits of an IDFC Credit Card in case of a crisis.
Lowest Interest on the Due Bill Payments
IDFC FIRST Charges an interest rate from 9.00% to 42.00% per annum. In comparison to the other credit cards offered in the market, this is one of the best credit cards in India that won’t put much burden on you. So, if you missed a month’s bill payment, don’t worry, you can easily afford the interest payment on the due amount.
Convert IDFC FIRST Credit Card Transactions into EMI
Well, the hospital bills must be more than what you have expected. So, it would be difficult for you to pay such an amount in the next billing cycle. So, to afford the same under your budget use the IDFC FIRST EMI facility.
When you want to transfer your credit card bills into EMIs, follow these steps –
- Visit the bank website and login into your account
- Select the amount you wish to convert into EMIs
- Upon switching credit card debt into EMIs, your monthly bills get broken into smaller EMIs.
The EMI has a percentage of the principal and interest. You need to pay this each month until the credit is paid in full. In addition, the bank temporarily restricts or blocks the credit subject to the amount of the bill turned into EMIs. Now that you know how to convert IDFC Credit Card Payment to EMI, do the same if you’re in a financial crisis and can’t afford to pay a huge credit card bill.
Note – You can make bill payments into EMI by calling the customer service number or visiting the branch office. The bank will also charge an EMI fee from you which is 1% of the transaction value, subject to a minimum of INR 99.
No Joining and Annual Fees Charge from the User
IDFC FIRST doesn’t levy any annual or joining charges. So, there won’t be any hassle of getting a credit card. You can apply for the card online by following the steps below –
- Visit the IDFC FIRST website
- Choose credit cards
- Select an IDFC FIRST Card from the list
- Check its offer
- If the card meets your requirements, click on the ‘Apply Now’ button
- Fill in your name, email, and mobile number
- Enter the OTP that the bank has sent to your mobile
- Provide your income information and upload bank statements or salary slips to prove the same.
- Upload KYC documents such as Aadhaar Card, PAN Card, Driving License, etc.
- Click on ‘Submit’
Your credit card request has been sent to the IDFC FIRST soon you’ll hear from them. In the meantime, keep track of your IDFC Credit Card Status by following the steps below –
- Visit the bank website
- Click on ‘Track My Status’
- Enter your mobile phone number and date of birth or application number
- Click on ‘Get OTP’
- Enter the OTP
Now, the credit card status is displayed on your screen. The green mark means your credit card has been approved and soon dispatched to your home/office address. So, use this IDFC Credit Card Status Check service to find how much time it will take you to get the card. When you receive the same, use it to meet your financial obligations.