IndiGo and IDFC FIRST Bank Launch Innovative Dual-Network Credit Card
Interglobe Aviation's IndiGo has partnered with IDFC FIRST Bank to introduce a co-branded credit card operating on both Mastercard and RuPay networks. The card offers travel benefits and rewards, with flexible application options including a Rs 4,999 joining fee or a Rs 1 lakh fixed deposit for guaranteed approval. Benefits include welcome vouchers, meal vouchers, BluChips rewards on spending, annual milestone rewards, and travel insurance. The card aims to cater to a wider customer base, including those who may not meet traditional credit score requirements.

*this image is generated using AI for illustrative purposes only.
Interglobe Aviation , which operates IndiGo, India's leading airline, has partnered with IDFC FIRST Bank to introduce a groundbreaking co-branded credit card that operates on both Mastercard and RuPay networks. This unique offering brings a host of travel benefits and rewards to customers, with flexible application options to suit different financial preferences.
Dual-Network Advantage
The IndiGo IDFC FIRST Credit Card stands out in the market as it can be used on both Mastercard and RuPay networks through a single application. This dual-network feature provides cardholders with enhanced flexibility and wider acceptance.
Application Options
Prospective cardholders have two distinct pathways to obtain the card:
- Pay a joining fee of Rs 4,999
- Open a Rs 1 lakh fixed deposit for guaranteed approval without any fees
The fixed deposit option is particularly innovative, as it aims to make premium travel benefits accessible to customers who may not meet traditional credit score requirements.
Rewards and Benefits
The card comes packed with attractive rewards and benefits for frequent flyers and IndiGo customers:
- Welcome vouchers worth up to 5,000 IndiGo BluChips
- Complimentary meal vouchers
- Earn up to 22 BluChips per Rs 100 spent on IndiGo bookings
- Annual milestone rewards of up to 25,000 BluChips
- High-spend customers (Rs 12 lakh annually) can potentially earn up to 60,000 BluChips plus bonus vouchers
Additional Features
Beyond the rewards program, the card offers several travel-centric features:
- Competitive 1.49% forex markup for international transactions
- Trip cancellation cover
- Travel insurance
Targeting a Wider Customer Base
By offering the fixed deposit-backed option, IndiGo and IDFC FIRST Bank are expanding their potential customer base. This approach allows individuals who might not qualify for premium cards based on traditional credit criteria to access high-end travel benefits.
The launch of this co-branded credit card represents a strategic move by IndiGo to enhance customer loyalty and provide added value to frequent flyers. For IDFC FIRST Bank, it's an opportunity to tap into the growing market of travel enthusiasts and expand its credit card portfolio with a unique offering.
As the travel industry continues to recover post-pandemic, this new credit card could be well-positioned to capitalize on the increasing demand for travel-related financial products and services.
Historical Stock Returns for Interglobe Aviation
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.92% | +1.61% | +3.76% | +35.21% | +41.84% | +419.75% |