IDFC FIRST Mayura Credit Card Review
Metal premium: 10X on 20K+ monthly spend, 0% forex, 16+16 lounges, Mastercard World. April 2026 updates.
Who this is for
The IDFC FIRST Mayura is a metal-finish premium card designed for active spenders who want zero-forex international travel + unlimited-feeling lounge access (32 total lounge visits/year). Best for 40K+/month spenders hitting the 20K monthly threshold for 10X acceleration.
Fees & welcome
| Head | Detail |
|---|---|
| Joining + Annual fee | 5,999 (no waiver option) |
| Welcome Tier 1 | 4,000 RP on joining fee payment |
| Welcome Tier 2 | 4,000 RP on 20K+ spend in 2nd statement cycle |
| Welcome Tier 3 | 4,000 RP on 20K+ spend in 3rd statement cycle |
| Total welcome potential | 12,000 RP = 6,000 (at 0.50 RP) |
| Forex markup | 0% (zero!) |
Reward structure
- Base: 5X RP per 150 on spends up to 20,000/month
- 10X RP per 150 on incremental spend above 20,000/month
- International (post Jan 2026): 5X RP (down from 10X)
- RP value: 0.50 per RP (hotel/flight via IDFC app), 0.25 on other redemptions
Travel benefits
- Domestic lounges: 16 complimentary visits per year
- International lounges: 16 complimentary visits per year (rare at this fee tier!)
- Forex markup: 0%
- Trip cancellation protection: Up to 50,000
- Mastercard World Privileges (global offers, deals)
Lifestyle benefits
- Complimentary golf games (verify current count with IDFC)
- Free movie tickets (partner-based)
- Roadside assistance worth 1,399/yr, 24/7
- Mastercard World Privileges program access
Compared with alternatives
| Card | Fee | Forex | Int'l lounges |
|---|---|---|---|
| IDFC FIRST Mayura | 5,999 | 0% | 16/yr |
| IDFC FIRST Wealth | LTF (with FD) | Varies | Fewer |
| HSBC TravelOne | 4,999 | 3.5% | 4/yr |
| Amex Platinum Travel | 5,000 | 3.5% | 2 free + paid |
| SBI Miles Elite | 4,999 | 3.5% | Unlimited via PP |
What we like
- 0% forex markup is a distinctive differentiator
- 32 total lounges/year (16 domestic + 16 international) is exceptional
- Metal card construction feels premium
- Welcome 12K RP across 3 cycles rewards ongoing spend
- Trip cancellation cover up to 50K is useful insurance
Where it falls short
- No fee waiver path: 5,999 every year regardless
- Jan 2026 devaluation reduced international rate from 10X to 5X
- 5X base kicks down to 10X only above 20K/month threshold
- RP at 0.50 (best case) is decent but not exceptional
- IDFC FIRST branch network smaller than HDFC/ICICI
Should you apply?
Apply if: You travel internationally 3+ times a year (0% forex saves 5-10K+ annually), spend 50K+ monthly, and value premium metal card aesthetics with 32 total lounge visits.
Skip if: You spend under 20K/month (you won't hit the 10X threshold), prefer flat-rate economics, or want fee waiver flexibility (many alternatives offer waivers at 5-8L spend).
The bottom line
IDFC FIRST Mayura is a strong international-travel-focused premium card, with the 0% forex + 32 lounges combo being class-leading at 5,999 fee. The January 2026 devaluation (international 10X → 5X) softened the card's value, but it's still one of the best zero-forex options outside super-premium 20K+ fee territory. Recommended for frequent international travellers spending 40K+/month.
Verified against IDFC FIRST Bank's official Mayura product page and April 2026 listings. Jan 18 2026 devaluation: international transactions reduced from 10X to 5X. 10X domestic rate still requires 20K+ monthly spend.