A lifetime free (LTF) credit card is more than a basic backup card that comes with zero fees. Many LTF cards now come with benefits commonly associated with paid cards, like airport lounge access, travel insurance, accelerated reward points, and dining offers, without charging an annual fee.
IDFC FIRST Bank is one such option offering lifetime free credit cards with no minimum spend condition attached. A few of its best cards from this category, spanning entry-level to premium, are covered in this article.
What 'lifetime free' means in practice
A lifetime free credit card carries no joining fee at the time of issuance and no annual or renewal fee for the entire duration of card ownership. This applies regardless of how much or how little the cardholder spends in a given year.
It is important to note that the term 'free' applies only to ownership costs. Standard charges, such as interest on revolving balances, late payment fees, and cash advance fees, continue to apply.
