IDFC FIRST Bank Mayura vs IDFC FIRST Bank Ashva
Side-by-side for the example profile – edit spend and travel needs to make it yours.
Mayura vs Ashva (Sept 2026): for the standard ₹32k/month profile IDFC FIRST Bank Ashva wins on score (36/100, −₹341 recurring net savings a year) vs Mayura 35/100 (−₹3,881). Cheapest to hold: Ashva (₹3,539 incl. GST). Edit the spend on this page to re-score for yours.
Recommendation for Typical Indian cardholder (₹32k/month)
IDFC FIRST Bank Mayura scores highest (35/100) with −₹3,881 recurring net savings a year. IDFC FIRST Bank Ashva saves more in pure rupees (−₹341) but scores lower on redemption, lifestyle or fee safety.
Edit your spend and travel needs above – scores, savings and this verdict update instantly.
Standard profile
Scored for Typical Indian cardholder · ₹32k/monthBills paid in full · first-year offers shown separately · set up your profile to score cards for your own spend
| Card | ||
|---|---|---|
| Overview | ||
| Personal score | 35/100 | 36/100 BEST |
| Recurring net savings | −₹3,881/yr | −₹341/yr BEST |
| Effective savings rate | -1.2% | -0.1% BEST |
| Annual fee incl. GST | You pay ₹7,079 | You pay ₹3,539 BEST |
| Usable lounge visits | ✈12 dom🌏12 intl you can use 2 | ✈8 dom🌏8 intl you can use 2 |
| Why it fits | ✓ Base rate 0.83% on other spends earns you about ₹2,412 a year on… | ✓ Base rate 0.83% on other spends earns you about ₹2,412 a year on… |
| Main drawback | ! You pay the ₹7,079 annual fee (incl. GST) – waiver needs ₹8,00,000… | ! You pay the ₹3,539 annual fee (incl. GST) – waiver needs ₹5,00,000… |
| How the net figure adds up | ||
| + Reward value on your spend | ₹2,838 at ₹0.25/IDFC Reward Points | ₹2,838 at ₹0.25/IDFC Reward Points |
| + Milestone bonuses you reach | none | none |
| + Fuel surcharge waiver | ₹360 | ₹360 |
| + Lifestyle benefits you asked for | none matched | none matched |
| + Renewal bonus (only when the fee is charged) | — | — |
| − Annual fee incl. 18% GST | −₹7,079 | −₹3,539 BEST |
| − Forex markup on international spend | none | none |
| = Recurring net savings | −₹3,881/yr | −₹341/yr BEST |
| ÷ Card spend counted | ₹3,26,640 UPI-only rupees excluded on non-RuPay cards | ₹3,26,640 UPI-only rupees excluded on non-RuPay cards |
| = Effective savings rate | -1.2% | -0.1% BEST |
| Rewards on your spend | ||
| Groceries & quick-commerce (₹72,000/yr) | ₹359 0.5% | ₹359 0.5% |
| Dining & food delivery (₹48,000/yr) | ₹351 0.7% | ₹351 0.7% |
| Online shopping (₹72,000/yr) | ₹598 0.8% | ₹598 0.8% |
| Fuel (₹36,000/yr) | ₹0 0.0% | ₹0 0.0% |
| Cabs & commute (₹18,000/yr) | ₹90 0.5% | ₹90 0.5% |
| Bills & utilities (₹30,000/yr) | ₹249 0.8% | ₹249 0.8% |
| Flights (₹24,000/yr) | ₹199 0.8% | ₹199 0.8% |
| Hotels (₹12,000/yr) | ₹100 0.8% | ₹100 0.8% |
| Movies & OTT (₹9,600/yr) | ₹80 0.8% | ₹80 0.8% |
| Insurance premiums (₹18,000/yr) | ₹149 0.8% | ₹149 0.8% |
| Everything else (₹48,000/yr) | ₹664 1.4% | ₹664 1.4% |
| Base earn rate | 0.83% | 0.83% |
| Accelerated categories | 2 rules
| 1 rule
|
| Excluded categories | fuel, rent | fuel, rent |
| Caps hit for your spend | None | None |
| Milestones | None | None |
| UPI rewards (RuPay) | Not UPI-enabled | Not UPI-enabled |
| Fees & first year | ||
| Joining fee | ₹5,999 + GST | ₹2,999 + GST |
| Fee waiver | On ₹8,00,000 annual spend | On ₹5,00,000 annual spend |
| Renewal benefit | None | None |
| Welcome benefit (first year only) | ₹5,000 gift voucher on fee payment ≈ ₹4,500 | ₹2,000 gift voucher ≈ ₹1,800 |
| First-year value (separate) | ₹619 | ₹1,459 BEST |
| Travel | ||
| Domestic lounge entitlement | 3 per quarter | 2 per quarter |
| International lounge entitlement | 3 per quarter | 2 per quarter |
| Lounge condition | None | None |
| Forex markup | 0% BEST | 1% |
| Redemption & simplicity | ||
| Reward currency | IDFC Reward Points · ₹0.25/unit | IDFC Reward Points · ₹0.25/unit |
| How to redeem | Details1 RP = ₹0.25. | Details1 RP = ₹0.25. |
| Redemption flexibility | ★★★☆☆ | ★★★☆☆ |
| Simplicity | ★★★☆☆ | ★★★☆☆ |
| Lifestyle | ||
| Benefits you asked for | fuel waiver | fuel waiver |
| All lifestyle perks | fuel waiver, movies, golf, zero forex, concierge, insurance cover | fuel waiver, movies, golf, zero forex, insurance cover |
| Eligibility | Income ₹18L+/yr | Income ₹12L+/yr |
| Score breakdown | ||
| Net savings rate | 0/100 × 55% = 0.0 | 0/100 × 55% = 0.0 |
| Usable lounge access | 100/100 × 15% = 15.0 | 100/100 × 15% = 15.0 |
| Redemption flexibility | 60/100 × 10% = 6.0 | 60/100 × 10% = 6.0 |
| Lifestyle fit | 100/100 × 10% = 10.0 | 100/100 × 10% = 10.0 |
| Simplicity | 60/100 × 5% = 3.0 | 60/100 × 5% = 3.0 |
| Fee safety | 24/100 × 5% = 1.2 | 39/100 × 5% = 2.0 |
| Sources | ||
| Official source | IDFC FIRST Bank – Mayura product page | IDFC FIRST Bank – Ashva product page |
| Last reviewed | 2026-09-12 | 2026-09-12 |
Frequently asked questions
Which is better: Mayura or Ashva?
For the example profile, IDFC FIRST Bank Ashva scores highest (36/100, −₹341 recurring net savings). The answer changes with your spend mix, lounge needs and fee comfort – edit the profile on this page.
Which has the lower annual fee?
Mayura: ₹7,079 incl. GST; Ashva: ₹3,539 incl. GST.