IDFC FIRST Bank launches FD backed Hello Cashback Credit Card with up to 5% Cashback

IDFC FIRST Bank launches FD backed Hello Cashback Credit Card with up to 5% Cashback https://www.taxtmi.com/news?id=71070 Introduction of a fixed deposit-backed secured credit card linking credit limit to 100% of an underlying fixed deposit, permitting FD access via ATM withdrawals subject to a withdrawal fee and an interest free window. The card applies a tiered cashback structure with category and monthly caps, includes joining and annual fees with time limited waivers and conditional reversals tied to annual spends, and provides consumer protections such as insurance, purchase protection, lost card liability cover, and surcharge waivers. en-us Mon, 16 Feb 2026 17:46:04 +0530 Mon, 16 Feb 2026 17:46:04 +0530 TaxTMI RSS Generator IDFC FIRST Bank launches FD backed Hello Cashback Credit Card with up to 5% Cashback https://www.taxtmi.com/news?id=71070 Introduction of a fixed deposit-backed secured credit card linking credit limit to 100% of an underlying fixed deposit, permitting FD access via ATM withdrawals subject to a withdrawal fee and an interest free window. The card applies a tiered cashback structure with category and monthly caps, includes joining and annual fees with time limited waivers and conditional reversals tied to annual spends, and provides consumer protections such as insurance, purchase protection, lost card liability cover, and surcharge waivers. News - Mon, 16 Feb 2026 17:46:04 +0530 https://www.taxtmi.com/news?id=71070