IDFC HPCL FIRST Power Credit Card – Benefits, Fees & Eligibility

IDFC FIRST Bank HPCL FIRST Power+ Credit Card

Introduction

The IDFC FIRST Bank HPCL FIRST Power+ Credit Card is designed for individuals who have significant expenditures on fuel, groceries, and utilities, aiming to power savings and enhance lifestyle. This RuPay credit card offers annual savings of up to ₹18,500, which is equivalent to over 175 litres of fuel. Cardholders benefit from exciting welcome offers, various lifestyle privileges, and rewards on UPI transactions. It also features dynamic interest rates starting from 8.5% per annum and offers 0% interest on ATM cash withdrawals until the due date.

Welcome Benefits

• Welcome benefits valued at ₹2,500.
• ₹500 worth of benefit on the first HPCL fuel transaction of ₹500 or more:
  • For cards set up until June 9, 2025, the benefit is given as cashback.
  • For cards set up from June 10, 2025, onwards, the benefit is given as a gift voucher.
  • Eligibility: The first HPCL fuel transaction of ₹500 or above must be made within 30 days of card setup (for cards setup till June 9, 2025) or within 60 days of card setup (for cards setup from June 10, 2025, onwards).
  • Only spends made on the Primary Card are eligible for this welcome benefit.
  • Fulfilment: Cashback is credited within 45 days from card setup (for cards setup till June 9, 2025). Gift voucher is issued within 75 days of card setup (for cards setup from June 10, 2025, onwards) and can be redeemed within 90 days of issuance.
  • Only cardholders who have paid the Joining Fee are eligible for this offer.
  • Exclusion: Not applicable on UPI and Add-on card transactions. The benefit will not be processed if the transaction is reversed, cancelled, or disputed.
• 5% cashback (up to ₹1,000) on the transaction value of the first EMI conversion:
  • This applies to the first EMI conversion within 30 days of card setup (from the day of SMS/email confirmation of card set-up).
  • A transaction of ₹2,500 and above can be converted into an EMI to qualify.
  • Fulfilment: Eligible customers will receive cashback within 90 days of the offer end date.
  • Exclusion: Transactions on gold and jewellery are not eligible for EMI conversion. The customer will not be eligible if delinquent at the time of offer fulfilment. If any transaction is reversed, cancelled, foreclosed, or disputed, it will not be considered.
• Exciting merchant offers worth ₹1,000+.

Fees

• Joining Fee: ₹499 + GST. Payment of Joining Fee + GST is required for activation and dispatch of the card.
• Annual Fee: ₹499 + GST (from the 2nd year onwards).
• Spend-Based Waiver: The annual fee is reversed if spends are ₹1,50,000 or more in the previous anniversary year. This milestone includes all purchases (excluding ATM Cash Withdrawal, Balance Transfer, monthly EMIs, fees and charges) net of reversals/refunds.
• Interest Rates (APR): Dynamic interest rates range from 0.71% to 3.85% per month (8.5% to 46.2% per annum). No interest is charged if the balance is repaid in full each month by the due date.
• Over-Limit (OVL) Charges: 2.5% of the over-limit amount, subject to a minimum charge of ₹550.
• Late Payment Fee: 15% of the Total Amount Due, subject to a minimum of ₹100 and a maximum of ₹1300.
• Cash Advance Charges: ₹199 per transaction. Enjoy 0% interest on ATM cash withdrawals for up to 45 days.
• Rewards Redemption Fee: ₹99 + GST.
• Fuel Surcharge: This card does not offer fuel surcharge benefits. Instead, it provides accelerated reward points on fuel expenses, offering savings that surpass typical fuel surcharge waivers.

Rewards

• Up to 6.5% savings on fuel expenses.
• 5% savings as rewards on Grocery & Utility expenses.
• Up to 8.83% savings on hotel & flight bookings through the IDFC FIRST Mobile App:
  • Earn 50X Bonus Reward Points on Hotel bookings.
  • Earn 30X Bonus Reward Points on Flight bookings.
• 5% savings as rewards on IDFC FIRST FASTag recharge.
• 3X Rewards on UPI and other retail transactions.
  • For every ₹150 spent, earn 30X Reward Points on HPCL fuel spends, Grocery & Utility, and IDFC FASTag recharge.
  • Earn 3X Reward Points on other retail transactions.
• Additional 1.5% savings by earning Happy Coins when paying through HP Pay App at HPCL fuel stations:
  • Earn 6 Happy Coins per ₹100 fuel spends through HP Pay App.
  • A maximum of 600 Happy Coins can be earned in a month, with a maximum spend capping of ₹10,000.
  • When paying via QR code, get 4 Happy Coins on payment and 2 Happy Coins within the first 30 days of payment.
  • When paying via wallet, earn 3 Happy Coins at the time of wallet upload, 2 Happy Coins within the first 30 days of wallet upload, and 1 Happy Coin at the time of payment.
• Complimentary Domestic Airport Lounge access, once every quarter, on minimum monthly spends of ₹20,000.
• Complimentary Roadside Assistance worth ₹1,399, with 4 complimentary services available annually.
• 25% off on movie tickets, up to ₹100, once every month.
• Personal Accident Cover of ₹2,00,000.
• Lost Card Liability Cover of ₹25,000.
• Easily convert purchases and balances into EMIs.
• Extend Add-on cards to family members to boost combined savings.
• Refer friends and earn up to 10,000 Rewards (2,000 Rewards for every card setup).
• Reward points never expire.

Rewards Redemption Guide

• Reward points can be used to pay instantly for any online transactions and at select offline merchants.
• Redeem reward points for gift cards or memberships of your favourite brands.
• Redeem reward points for flight & hotel bookings through the IDFC FIRST Mobile App.
• Check the unique Credit Card Reward Redemption Catalogue page for updates.
• Rewards can be redeemed via the IDFC FIRST Bank app or internet banking portal.
• A redemption charge of ₹99 + GST applies.

Card Eligibility Criteria

• Must be an Indian resident.
• Age: At least 21 years old (for salaried individuals) or 25 years old (for self-employed individuals).
• Must have a stable monthly income, with an annual income of ₹3 lacs or more.
• Must have a healthy credit score, typically 730 or above is recommended.
• Credit usage ratio must be within an acceptable level.
• Issuance of the credit card is subject to the bank's internal assessment and its sole discretion.

Important Product Details

• Annual savings of up to ₹18,500, equivalent to over 175 litres of fuel (based on assumed monthly spends: ₹10,000 on Fuel, ₹1,000 on IDFC FIRST FASTag, ₹2,000 on Utility & Grocery, ₹2,000 on other spends (excluding Insurance, EMI, Cash withdrawal), ₹20,000 from other spends converted to EMI).
• Welcome benefits worth ₹2,500.
• Low and dynamic interest rates starting at 8.5% per annum.
• 0% interest on ATM cash withdrawals until the due date (with a flat transaction fee of ₹199).
• Complimentary domestic airport lounge access once every quarter.
• Complimentary Roadside Assistance worth ₹1,399.
• 25% off on movie tickets up to ₹100, once a month.
• Personal Accident Cover of ₹2,00,000.
• Lost Card Liability Cover of ₹25,000.
• Annual fee waiver on spending ₹1,50,000 or more in a year.
• Reward points never expire.

Other Details

• UPI on Credit Card Facility:
  • Available on this card.
  • Link your card with supported UPI apps including BHIM, PhonePe, Paytm, GPay, Freecharge, Slice, Cred, and Mobikwik.
  • Earn reward points on UPI spends and enjoy an interest-free credit period on UPI purchases.
  • EMIfy UPI purchases above ₹2,500.
  • How to enable UPI: Open your preferred UPI app, go to the ‘Account’ section, select the option to add Credit Card, then set your UPI PIN.
  • How to pay using UPI: Scan the QR Code, enter the amount, select your Credit Card from the payment options, and authenticate the transaction using your UPI PIN.
  • UPI PIN can be changed through your UPI applications.
  • If your mobile number changes, first update it with IDFC FIRST Bank, then re-register your card on your preferred UPI app using the updated number.
  • Payments from your linked Credit Card are allowed only to merchants (P2M transactions), not to individuals or other credit card accounts.
  • Restricted merchant categories for UPI payments: Peer-to-peer (P2P) and peer-to-peer-merchant (P2PM) transfers, digital account opening, lending platforms, cash withdrawals (at merchants or ATMs), e-RUPI, IPO applications, foreign inward remittances, mutual funds, and any other categories restricted by the National Payments Corporation of India (NPCI).
  • No charges for linking or carrying out transactions from the linked Credit Card on UPI.
  • Credit cards cannot be set as the default option to receive incoming UPI payments.
  • Transaction Limit on UPI: Up to ₹1 lakh per day. For specific merchant categories (MCCs), the limit may go up to ₹2 lakh per day. During the first 24 hours after linking your card, the daily transaction limit is ₹5,000. All transactions are also subject to the available credit limit on your card.
• IDFC FIRST Bank Mobile App Features:
  • Control: Manage card usage for online, contactless, international transactions, or set/reset PIN.
  • View: Access virtual card, transaction details, e-statements, and outstanding amounts.
  • Repayment: Instantly pay bills through multiple options or set up autopay.
  • Reward Points: Check curated offers across merchant categories and easily view or redeem Reward Points.
• Brand Offers and Discounts:
  • Swiggy: Flat ₹100 off on minimum purchase of ₹699, maximum discount ₹100. Valid every Thursday with a coupon code.
  • Zomato: 15% off up to ₹125 or Flat ₹50 off on non-Participating Restaurants, on minimum purchase of ₹499. Valid every Saturday & Sunday with coupon code IDFCFEAST.
  • Hindustan Times: Complimentary One-year e-subscription worth ₹999. Valid till January 31, 2023.
  • Domino's: Flat ₹150 off on ₹700, once per user per month. Valid till March 31, 2023, with coupon code DOMIDFC150.
  • Eagles Pizza: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) in Bangalore, Hyderabad & Secunderabad.
  • Marriott Hotel (M Cafe by Marriott): 15% off on Food & Soft Beverages (not valid on Buffet & Alcoholic Beverages) in Bangalore.
  • The Belgian Waffle Co: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) at multiple locations.
  • Mahesh Lunch Home: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) in Mumbai.
  • Fly High: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) in Pune.
  • Oppo: 10% Cashback up to ₹3,000 on EMI transactions. Valid till March 31, 2023.
  • Yatra: Domestic Flights: 12% instant discount up to ₹1,200. International Flights: 10% instant discount up to ₹7,500. Domestic Hotels: 20% instant discount up to ₹4,800. Bus: 15% instant discount up to ₹500. Valid every Friday with coupon code YTIDFC.
  • Dunzo: Flat ₹50 off on a minimum order value of ₹499. Valid till March 31, 2023, with coupon code IDFC50.
  • Vijay Sales: 10% Cashback up to ₹3,000 on EMI transactions for a minimum transaction value of ₹15,000. Valid till March 31, 2023.
  • Croma: 10% Discount up to ₹2,000 on Non-EMI transactions and 10% Discount up to ₹3,000 on EMI transactions, for a minimum transaction value of ₹15,000. Valid every Saturday & Sunday.

IDFC FIRST Bank HPCL FIRST Power Credit Card

Introduction

The IDFC FIRST Bank HPCL FIRST Power Credit Card is a RuPay co-branded card designed to offer significant savings on fuel and other daily expenses. Cardholders can expect to save up to ₹7,000 annually, which is approximately 65 litres of fuel each year. This card provides benefits on fuel purchases at over 20,000 HPCL outlets when paying through the HP Pay App, alongside various lifestyle and utility privileges. It includes welcome benefits up to ₹2,250 and allows users to earn reward points on fuel, grocery, utility, and other retail purchases, which never expire. The card features dynamic interest rates starting at 8.5% per annum and offers 0% interest on ATM cash withdrawals until the due date.

Welcome Benefits

• Welcome benefits valued at ₹2,250.
• ₹250 worth of benefit on the first HPCL fuel transaction of ₹250 or more:
  • For cards set up until June 9, 2025, the benefit is given as cashback.
  • For cards set up from June 10, 2025, onwards, the benefit is given as a gift voucher.
  • Eligibility: The first HPCL fuel transaction of ₹250 or above must be made within 30 days of card set-up (for cards set up till June 9, 2025) or within 60 days of card set-up (for cards set up from June 10, 2025, onwards).
  • Only spends made on the Primary Card are eligible for this welcome benefit.
  • Fulfilment: Cashback is credited within 45 days from card setup (for cards set up till June 9, 2025). Gift voucher is issued within 75 days of card setup (for cards set up from June 10, 2025, onwards) and can be redeemed within 90 days of issuance.
  • Only cardholders who have paid the Joining Fee are eligible for this offer.
  • Exclusion: Not applicable on UPI and Add-on card transactions. The benefit will not be processed if the transaction is reversed, cancelled, or disputed.
• 5% cashback (up to ₹1,000) on the transaction value of the first EMI conversion:
  • This applies to the first EMI conversion within 30 days of card set-up (from the day of SMS/email confirmation of card set-up).
  • A transaction of ₹2,500 and above can be converted into an EMI to qualify.
  • Fulfilment: Eligible customers will receive cashback within 90 days of the offer end date.
  • Exclusion: Transactions on gold and jewellery are not eligible for EMI conversion. The customer will not be eligible if delinquent at the time of offer fulfilment. If any transaction is reversed, cancelled, foreclosed, or disputed, it will not be considered.
• Exciting merchant offers worth ₹1,000+.

Fees

• Joining Fee: ₹199 + GST. Payment of Joining Fee + GST is required for activation and dispatch of the card.
• Annual Fee: ₹199 + GST (from the 2nd year onwards).
• Spend-Based Waiver: The annual fee is reversed if spends are ₹50,000 or more in the previous anniversary year. This milestone includes all purchases (excluding ATM Cash Withdrawal, Balance Transfer, monthly EMIs, fees and charges) net of reversals/refunds.
• Interest Rates (APR): Dynamic interest rates range from 0.71% to 3.85% per month (8.5% to 46.2% per annum). The introductory information states rates beginning at 9% per annum. No interest is charged if the balance is repaid in full each month by the due date.
• Foreign Currency Markup: 3.5%.
• Over-Limit (OVL) Charges: 2.5% of the over-limit amount, subject to a minimum charge of ₹550.
• Late Payment Fee: 15% of the Total Amount Due, subject to a minimum of ₹100 and a maximum of ₹1300.
• Cash Advance Charges: ₹199 per withdrawal. Enjoy 0% interest on ATM cash withdrawals for up to 45 days.
• Rewards Redemption Fee: ₹99 plus taxes.
• Fuel Surcharge:
  • As per one source, this card does not offer fuel surcharge benefits. Instead, it provides accelerated reward points on fuel expenses, offering savings that surpass typical fuel surcharge waivers.
  • As per another source, a 1% fuel surcharge waiver is offered, capped at a maximum of ₹100 per month (per card statement cycle).

Rewards

• Up to 5% savings on fuel expenses, up to a maximum of ₹5,000 per month.
• 2.5% savings as rewards on Grocery & Utility expenses, up to a maximum of ₹4,000 per month. Earn 15 Rewards per ₹150 spent on these categories.
• Up to 8.67% savings on hotel & flight bookings through the IDFC FIRST Mobile App:
  • Earn 50X Bonus Reward Points on Hotel bookings.
  • Earn 30X Bonus Reward Points on Flight bookings.
• 2.5% savings as rewards on IDFC FIRST FASTag recharge, up to a maximum of ₹2,000 per month.
• 2X Rewards on UPI and other retail transactions.
  • For every ₹150 spent, earn 21X Reward Points on HPCL fuel spends.
  • Earn 15X Reward Points on Grocery, Utility, and IDFC FASTag recharges.
  • Earn 2X Reward Points on other retail transactions.
• Additional 1.5% savings by earning Happy Coins when paying through HP Pay App at HPCL fuel stations:
  • Earn 6 Happy Coins per ₹100 fuel spends through HP Pay App.
  • A maximum of 600 Happy Coins can be earned in a month, with a maximum spend capping of ₹10,000.
  • When paying via QR code, get 4 Happy Coins on payment and 2 Happy Coins within the first 30 days of payment.
  • When paying via wallet, earn 3 Happy Coins at the time of wallet upload, 2 Happy Coins within the first 30 days of wallet upload, and 1 Happy Coin at the time of payment.
• Complimentary Roadside Assistance worth ₹1,399, with 4 complimentary services available annually.
• Personal Accident Cover worth ₹2,00,000.
• Lost Card Liability Cover of ₹25,000.
• Easily convert purchases and balances into EMIs.
• Extend Add-on cards to family members to boost combined savings.
• Refer friends and earn up to 10,000 Rewards (2,000 Rewards for every card set-up).
• Reward points never expire.
• No complimentary domestic or international lounge access.
• No golf benefits.

Rewards Redemption Guide

• Reward points can be used to pay instantly for any online transactions and at select offline merchants.
• Redeem reward points for gift cards or memberships of your favourite brands.
• Redeem reward points for flight & hotel bookings through the IDFC FIRST Mobile App.
• Check the unique Credit Card Reward Redemption Catalogue portal for updates.
• Rewards can be redeemed via the IDFC FIRST Bank app or internet banking portal.
• A redemption charge of ₹99 + GST applies.

Card Eligibility Criteria

• Must be an Indian resident.
• Age: At least 21 years old (for salaried individuals) or 25 years old (for self-employed individuals).
• Must have a stable monthly income, with an annual income of ₹3 lacs or more.
• Must have a healthy credit score, typically 730 or above is recommended.
• Credit usage ratio must be within an acceptable level.
• Issuance of the credit card is subject to the bank's internal assessment and its sole discretion.

Card Review

The IDFC FIRST Bank HPCL FIRST Power Credit Card is the bank's co-branded offering aimed at optimizing fuel and mobility expenses. It provides substantial savings on fuel, utility, and grocery expenditures, along with various lifestyle benefits. Cardholders can save approximately ₹7,000 annually, which can translate to up to 65 litres of fuel. The card's reward points never expire and can be redeemed for a range of products, vouchers, or even instant payments.

• Pros:
  • Comes with a low joining fee of ₹199 plus applicable taxes.
  • Reward points never expire.
• Cons:
  • No complimentary lounge access.
  • No golf benefits.

Important Product Details

• Annual savings of up to ₹7,000, equivalent to over 65 litres of fuel (based on assumed monthly spends: ₹5,000 on Fuel, ₹500 on IDFC FIRST FASTag, ₹2,000 on Utility & Grocery, ₹1,000 on other spends (excluding Insurance, EMI, Cash withdrawal), ₹20,000 from other spends converted to EMI).
• Welcome benefits worth ₹2,250.
• Low and dynamic interest rates starting at 8.5% per annum.
• 0% interest on ATM cash withdrawals until the due date (with a flat transaction fee of ₹199).
• Complimentary Roadside Assistance worth ₹1,399.
• Personal Accident Cover of ₹2,00,000.
• Lost Card Liability Cover of ₹25,000.
• Annual fee waiver on spending ₹50,000 or more in a year.
• Reward points never expire.

Other Details

• Best Suited For: Fuel.
• Reward Type: Reward Points.
• UPI on Credit Card Facility:
  • Available on this card.
  • Link your card with supported UPI apps including BHIM, PhonePe, Paytm, GPay, Freecharge, Slice, Cred, and Mobikwik.
  • Earn reward points on UPI spends and enjoy an interest-free credit period on UPI purchases.
  • EMIfy UPI purchases above ₹2,500.
  • How to enable UPI: Open your preferred UPI app, go to the ‘Account’ section, select the option to add Credit Card, then set your UPI PIN.
  • How to pay using UPI: Scan the QR Code, enter the amount, select your Credit Card from the payment options, and authenticate the transaction using your UPI PIN.
  • UPI PIN can be changed through your UPI applications.
  • If your mobile number changes, first update it with IDFC FIRST Bank, then re-register your card on your preferred UPI app using the updated number.
  • Payments from your linked Credit Card are allowed only to merchants (P2M transactions), not to individuals or other credit card accounts.
  • Restricted merchant categories for UPI payments: Peer-to-peer (P2P) and peer-to-peer-merchant (P2PM) transfers, digital account opening, lending platforms, cash withdrawals (at merchants or ATMs), e-RUPI, IPO applications, foreign inward remittances, mutual funds, and any other categories restricted by the National Payments Corporation of India (NPCI).
  • No charges for linking or carrying out transactions from the linked Credit Card on UPI.
  • Credit cards cannot be set as the default option to receive incoming UPI payments.
  • Transaction Limit on UPI: Up to ₹1 lakh per day. For specific merchant categories (MCCs), the limit may go up to ₹2 lakh per day. During the first 24 hours after linking your card, the daily transaction limit is ₹5,000. All transactions are also subject to the available credit limit on your card.
• IDFC FIRST Bank Mobile App Features:
  • Control: Manage card usage for online, contactless, international transactions, or set/reset PIN.
  • View: Access virtual card, transaction details, e-statements, and outstanding amounts.
  • Repayment: Instantly pay bills through multiple options or set up autopay.
  • Reward Points: Check curated offers across merchant categories and easily view or redeem Reward Points.
• Brand Offers and Discounts:
  • Swiggy: Flat ₹100 off on minimum purchase of ₹699, maximum discount ₹100. Valid every Thursday with a coupon code.
  • Zomato: 15% off up to ₹125 or Flat ₹50 off on non-Participating Restaurants, on minimum purchase of ₹499. Valid every Saturday & Sunday with coupon code IDFCFEAST.
  • Hindustan Times: Complimentary One-year e-subscription worth ₹999. Valid till January 31, 2023.
  • Domino's: Flat ₹150 off on ₹700, once per user per month. Valid till March 31, 2023, with coupon code DOMIDFC150.
  • Eagles Pizza: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) in Bangalore, Hyderabad & Secunderabad.
  • Marriott Hotel (M Cafe by Marriott): 15% off on Food & Soft Beverages (not valid on Buffet & Alcoholic Beverages) in Bangalore.
  • The Belgian Waffle Co: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) at multiple locations.
  • Mahesh Lunch Home: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) in Mumbai.
  • Fly High: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) in Pune.
  • Oppo: 10% Cashback up to ₹3,000 on EMI transactions. Valid till March 31, 2023.
  • Yatra: Domestic Flights: 12% instant discount up to ₹1,200. International Flights: 10% instant discount up to ₹7,500. Domestic Hotels: 20% instant discount up to ₹4,800. Bus: 15% instant discount up to ₹500. Valid every Friday with coupon code YTIDFC.
  • Dunzo: Flat ₹50 off on a minimum order value of ₹499. Valid till March 31, 2023, with coupon code IDFC50.
  • Vijay Sales: 10% Cashback up to ₹3,000 on EMI transactions for a minimum transaction value of ₹15,000. Valid till March 31, 2023.
  • Croma: 10% Discount up to ₹2,000 on Non-EMI transactions and 10% Discount up to ₹3,000 on EMI transactions, for a minimum transaction value of ₹15,000. Valid every Saturday & Sunday.