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

Introduction

The IDFC FIRST Power+ Credit Card and IDFC FIRST Power Credit Card are co-branded offerings from IDFC FIRST Bank in association with HPCL, designed to maximize savings on everyday expenses, particularly fuel, groceries, and FASTag recharges. The FIRST Power+ is positioned as a mid-range to premium fuel card, offering enhanced fuel savings, comprehensive lifestyle privileges including domestic airport lounge access and movie discounts, and significant annual savings of up to ₹18,500. The FIRST Power Credit Card is an entry-level variant, focusing on substantial fuel savings and essential lifestyle benefits, with annual savings potential of up to ₹7,000. Both cards provide rewards on UPI transactions and feature low, dynamic interest rates, along with 0% interest on ATM cash withdrawals until the due date.

Welcome Benefits

IDFC FIRST Power+ Credit Card

• Welcome benefits worth ₹2,500.
• ₹500 Gift Voucher on your first HPCL fuel transaction of ₹500 or above.
  • For cards set-up till June 9, 2025, the benefit is given as cashback and the transaction must be done within 30 days of card set-up.
  • For cards set-up June 10, 2025, onwards, the benefit is given as a gift voucher and the transaction must be done within 60 days of card set-up.
  • Spends done only on the Primary Card are eligible.
  • Cashback is credited within 45 days (for cards set-up till June 9, 2025).
  • Gift voucher is issued within 75 days and redeemable within 90 days of issuance (for cards set-up June 10, 2025, onwards).
  • Only cardholders who have paid the Joining Fee are eligible.
  • Not applicable on UPI and Add-on card transactions.
  • Benefit not processed if transaction is reversed/cancelled/disputed.
• 5% cashback (up to ₹1,000) on the transaction value of your first EMI conversion.
  • Applicable on first EMI conversion within the first 30 days of card set-up (from SMS/email confirmation).
  • Cashback received within 90 days of the offer end date.
  • Excludes transactions on gold and jewellery.
  • Not eligible if customer is delinquent or if transactions are reversed/cancelled/foreclosed/disputed.
• Exciting merchant offers worth ₹1,000+.

IDFC FIRST Power Credit Card

• Welcome benefits worth ₹2,250.
• ₹250 worth benefit on your first HPCL fuel transaction of ₹250 or above.
  • For cards set-up till June 9, 2025, the benefit is given as cashback and the transaction must be done within 30 days of card set-up.
  • For cards set-up June 10, 2025, onwards, the benefit is given as a gift voucher and the transaction must be done within 60 days of card set-up.
  • Spends done only on the Primary Card are eligible.
  • Cashback is credited within 45 days (for cards set-up till June 9, 2025).
  • Gift voucher is issued within 75 days and redeemable within 90 days of issuance (for cards set-up June 10, 2025, onwards).
  • Only cardholders who have paid the Joining Fee are eligible.
  • Not applicable on UPI and Add-on card transactions.
  • Benefit not processed if transaction is reversed/cancelled/disputed.
• 5% cashback (up to ₹1,000) on the transaction value of your first EMI conversion.
  • Applicable on first EMI conversion within the first 30 days of card set-up (from SMS/email confirmation).
  • Cashback received within 90 days of the offer end date.
  • Excludes transactions on gold and jewellery.
  • Not eligible if customer is delinquent or if transactions are reversed/cancelled/foreclosed/disputed.
• Exciting merchant offers worth ₹1,000+.

Fees

Joining Fee

• IDFC FIRST Power+ Credit Card: ₹499 + GST. Payment of Joining Fee + GST is required for activation and dispatch.
• IDFC FIRST Power Credit Card: ₹199 + GST. Payment of Joining Fee + GST is required for activation and dispatch.

Renewal Fee

• IDFC FIRST Power+ Credit Card: ₹499 + GST (2nd year onwards).
• IDFC FIRST Power Credit Card: ₹199 + GST (2nd year onwards).

Spend-Based Waiver

• IDFC FIRST Power+ Credit Card: Annual fee reversed on spends of ₹1,50,000 or more in the previous anniversary year. Spends milestone includes all purchases (excluding ATM Cash Withdrawal, Balance Transfer, monthly EMIs, fees and charges) net of reversals/refunds.
• IDFC FIRST Power Credit Card: Annual fee reversed on spends of ₹50,000 or more in the previous anniversary year. Spends milestone includes all purchases (excluding ATM Cash Withdrawal, Balance Transfer, monthly EMIs, fees and charges) net of reversals/refunds.

Rewards Redemption Fee

• ₹99 + taxes.

Foreign Currency Markup

• 3.5%.

Interest Rates

• Low and dynamic interest rates (APR) 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. Paying the Minimum Amount Due each month is mandatory.

Fuel Surcharge

• IDFC FIRST Power+ Credit Card: Does not offer surcharge benefits on fuel purchases. Instead, it provides high savings rewards on fuel expenses (30X rewards for every ₹150 spent) that surpass typical fuel surcharge waiver benefits.
• IDFC FIRST Power Credit Card: 1% fuel surcharge waiver, capped at a maximum of ₹100 per card statement cycle.

Cash Advance Charges

• Interest-free ATM Cash Withdrawals for up to 45 days.
• Cash withdrawal fee of ₹199 per transaction/withdrawal.

Over-Limit (OVL) Charges

• 2.5% of the over-limit amount, subject to a minimum charge of ₹550.

Late Payment Fee

• 15% of Total Amount Due, subject to a minimum of ₹100 and a maximum of ₹1300.

Rewards

IDFC FIRST Power+ Credit Card

• Fuel Savings: Up to 6.5% savings on fuel expenses. Earn 30X Reward Points on HPCL fuel spends for every ₹150 spent.
• Everyday Spends:
  • 5% savings as Rewards on Grocery & Utility expenses (30X Reward Points for every ₹150 spent).
  • 5% savings as Rewards on IDFC FIRST FASTag recharge (30X Reward Points for every ₹150 spent).
  • 3X Rewards on UPI and other retail transactions for every ₹150 spent.
• HP Pay App Savings: 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.
  • When paying via QR: 4 Happy Coins on payment and 2 Happy Coins within the first 30 days.
  • When paying via wallet: 3 Happy Coins at wallet upload, 2 Happy Coins within the first 30 days of upload, and 1 Happy Coin at payment.
  • Maximum 600 Happy Coins in a month with a max spend capping of ₹10,000.
• Travel:
  • 26.67% Bonus Reward Points on hotel & flight bookings through the IDFC FIRST Mobile App.
  • Complimentary Domestic Airport Lounge access, once every quarter, on minimum monthly spends of ₹20,000.
• Lifestyle & Entertainment:
  • 25% off on movie tickets up to ₹100, once every month. Effective 18th June 2026, this benefit requires any transaction in the previous calendar month.
  • Complimentary Roadside Assistance worth ₹1,399 (4 complimentary services in a year).
• Insurance & Security:
  • Personal Accident Cover of ₹2,00,000.
  • Lost Card Liability Cover of ₹25,000.
• Other Benefits:
  • EMIfy your purchases and balances.
  • Extend Add-on card to family members.
  • Referral program: Earn up to 10,000 Rewards (2,000 Rewards for every card set-up).
  • Annual savings up to ₹18,500 (or ₹18,918 as per savings calculation example).

IDFC FIRST Power Credit Card

• Fuel Savings: Up to 5% savings on fuel expenses. Earn 21X Reward Points on HPCL fuel spends for every ₹150 spent.
• Everyday Spends:
  • 2.5% savings as Rewards on Grocery & Utility expenses (15X Reward Points for every ₹150 spent).
  • 2.5% savings as Rewards on IDFC FIRST FASTag recharge (15X Reward Points for every ₹150 spent).
  • 2X Rewards on UPI and other retail transactions for every ₹150 spent.
• HP Pay App Savings: 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.
  • When paying via QR: 4 Happy Coins on payment and 2 Happy Coins within the first 30 days.
  • When paying via wallet: 3 Happy Coins at wallet upload, 2 Happy Coins within the first 30 days of upload, and 1 Happy Coin at payment.
  • Maximum 600 Happy Coins in a month with a max spend capping of ₹10,000.
• Travel:
  • 26.67% Bonus Reward Points on hotel & flight bookings through the IDFC FIRST Mobile App.
• Lifestyle & Entertainment:
  • Complimentary Roadside Assistance worth ₹1,399 (4 complimentary services in a year).
• Insurance & Security:
  • Personal Accident Cover of ₹2,00,000.
  • Lost Card Liability Cover of ₹25,000.
• Other Benefits:
  • EMIfy your purchases and balances.
  • Extend Add-on card to family members.
  • Referral program: Earn up to 10,000 Rewards (2,000 Rewards for every card set-up).
  • Annual savings up to ₹7,000 (or ₹7,658 as per savings calculation example).

Common Merchant Offers (Note: Some offers have expired dates)

• Swiggy Instamart: Flat ₹100 Off on minimum purchase of ₹699, valid every Thursday (Max discount: ₹100).
• Zomato: 15% off up to ₹125 / Flat ₹50 off on non-Participating Restaurants, on minimum purchase of ₹499, valid every Saturday & Sunday (Coupon code: IDFCFEAST).
• Hindustan Times: Complimentary One-year e-subscription worth ₹999 on FIRST Select, FIRST Family, FIRST Wealth, FIRST Private and FIRST WOW Credit Cards (Valid till 31st January 2023).
• Domino’s: Flat ₹150 off on ₹700, once per user per month (Coupon code: DOMIDFC150, Valid till 31st March 2023).
• Yatra: Valid every Friday.
  • Domestic Flights: 12% instant discount up to INR 1200.
  • International Flights: 10% instant discount up to ₹7500.
  • Domestic Hotels: 20% instant discount up to ₹4800.
  • Bus: 15% instant discount up to ₹500.
  • Coupon code: YTIDFC.
• Dunzo: Flat ₹50 off on a Minimum Order Value of ₹499 (Coupon code: IDFC50, Valid till 31st March 2023).
• Oppo: 10% Cashback up to ₹3000 on EMI Txns (Valid till 31st March 2023).
• Vijay Sales: 10% Cashback up to ₹3000 on EMI Txns for purchases of at least ₹15,000 (Valid till 31st March 2023).
• Croma: Valid every Saturday & Sunday for purchases of at least ₹15,000.
  • 10% Discount up to ₹2000 on Non EMI Txns.
  • 10% Discount up to ₹3000 on EMI Txns.
• Dining Offers: 15% off on food bill (not valid on Buffet & Alcoholic Beverages) at various restaurants in Bangalore, Hyderabad, Secunderabad, Mumbai, Pune. Specific cuisines include Pizza, Fast Food, Beverages, Chinese, Thai, Asian, Finger Food, Desserts, Seafood, North Indian, Continental, Mangalorean, Kerala, South Indian.

Rewards Redemption Guide

• Reward points never expire.
• Pay instantly for any online transaction with your Credit Card Reward Points.
• Pay instantly for offline transactions at select merchants.
• Get gift cards or memberships of your favourite brands.
• Check the unique Credit Card Reward Redemption Catalogue page for updates.
• Redeem Reward Points for flight & hotel bookings via the ‘FIRST Rewards Gallery’ section on the IDFC FIRST Bank Mobile App.
  • Earn 26.67% savings on Hotel bookings.
  • Earn 13.33% savings on Flight bookings.
  • To book: Open IDFC FIRST Mobile Banking App, tap ‘FIRST Rewards Gallery’ in the menu, choose ‘Hotels’ or ‘Flights’ and book.
• A redemption charge of ₹99 + GST may apply.

Card Eligibility Criteria

• Age:
  • For FIRST Power+ Credit Card: At least 21 years old (salaried) or 25 years old (self-employed).
  • For FIRST Power Credit Card: At least 21 years old.
• Citizenship: Must be an Indian citizen/resident.
• Credit Score: Must have a healthy credit score, typically 730 or above is recommended.
• Credit Usage Ratio: Must be within an acceptable level.
• Annual Income: Must have an Annual Income of ₹3 lacs or more.
• Issuance of Credit Card is subject to the bank's internal assessment and at the sole discretion of IDFC FIRST Bank.

Card Review

IDFC FIRST Power+ Credit Card

The IDFC FIRST Power+ Credit Card is a robust mid-range offering from IDFC FIRST Bank, specifically tailored for individuals with significant fuel, grocery, and utility expenses. It stands out by offering substantial annual savings of up to ₹18,500, equivalent to over 175 litres of fuel. The card's strength lies in its accelerated reward points on key spending categories and its comprehensive suite of lifestyle privileges, including quarterly domestic airport lounge access and monthly movie ticket discounts. While it doesn't offer a direct fuel surcharge waiver, its high reward rates on fuel spends are designed to provide superior value. This card is ideal for daily commuters and those who appreciate a blend of everyday savings and premium lifestyle benefits.

IDFC FIRST Power Credit Card

The IDFC FIRST Power Credit Card is an excellent entry-level fuel-focused card, designed for vehicle owners looking to maximize savings on their mobility and daily expenses. With a low joining and annual fee, which can be easily waived with moderate annual spending, it offers great value. The card provides up to 5% savings on fuel, along with rewards on groceries, utilities, and FASTag recharges, contributing to annual savings of up to ₹7,000. It also includes essential benefits like complimentary roadside assistance and insurance covers. The main drawbacks are the absence of complimentary lounge access and golf benefits, which are typically found in higher-tier cards. This card is highly recommended for budget-conscious individuals who frequently refuel at HPCL stations and want to earn rewards on their essential household and travel spends.

Important Product Details

IDFC FIRST Power+ Credit Card

• Save up to ₹18,500 annually, enough to buy 175+ litres of fuel.
• Welcome benefits worth ₹2,500.
• Up to 6.5% savings on fuel expenses.
• 5% savings as Rewards on Grocery & Utility expenses.
• 5% savings as Rewards on IDFC FIRST FASTag recharge.
• 3X Rewards on UPI and other retail transactions.
• 26.67% Bonus Reward Points on hotel & flight bookings through IDFC FIRST Mobile App.
• Low & Dynamic Interest rates starting at 8.5% per year.
• 0% Interest on ATM Cash Withdrawals until due date (with a fee of ₹199 per transaction).
• Complimentary Domestic Airport Lounge access, once every quarter, on minimum monthly spends of ₹20,000.
• Complimentary Roadside Assistance worth ₹1,399 (4 services per year).
• 25% off on movie tickets up to ₹100, once every month (conditions apply from June 2026).
• Personal Accident Cover of ₹2,00,000 and Lost Card Liability Cover of ₹25,000.
• Annual fee of ₹499 reversed on spends of ₹1,50,000 or more in a year.
• Reward points never expire.
• UPI on Credit Card facility available, earning reward points on UPI spends.

IDFC FIRST Power Credit Card

• Save up to ₹7,000 annually, enough to buy 65+ litres of fuel.
• Welcome benefits worth ₹2,250.
• Up to 5% savings on fuel expenses.
• 2.5% savings as Rewards on Grocery & Utility expenses.
• 2.5% savings as Rewards on IDFC FIRST FASTag recharge.
• 2X Rewards on UPI and other retail transactions.
• 26.67% Bonus Reward Points on hotel & flight bookings through IDFC FIRST Mobile App.
• Low & Dynamic Interest rates starting at 8.5% per year.
• 0% Interest on ATM Cash Withdrawals until due date (with a fee of ₹199 per transaction).
• Complimentary Roadside Assistance worth ₹1,399 (4 services per year).
• Personal Accident Cover of ₹2,00,000 and Lost Card Liability Cover of ₹25,000.
• Annual fee of ₹199 reversed on spends of ₹50,000 or more in a year.
• Reward points never expire.
• UPI on Credit Card facility available, earning reward points on UPI spends.
• 1% fuel surcharge waiver capped at ₹100 per month.

Other Details

• The UPI on Credit Card facility is available on both FIRST Power and FIRST Power+ Credit Cards, allowing payments at UPI-enabled merchant QR codes.
• Supported UPI apps include BHIM, PhonePe, Paytm, GPay, Freecharge, Slice, Cred, and Mobikwik.
• Reward points can be earned on UPI spends, and UPI purchases can be converted to EMIs.
• To enable UPI: Open your preferred UPI app, go to ‘Account’ section, select option to add Credit Card, set UPI PIN.
• To pay using UPI: Scan QR Code, enter amount, select Credit Card, enter UPI PIN.
• UPI transaction limits: Up to ₹1 lakh per day (up to ₹2 lakh for specific merchant categories). During the first 24 hours after linking, the daily transaction limit is ₹5,000. All transactions are subject to the available credit limit.
• Payments from linked credit cards on UPI are allowed only to merchants (P2M transactions), not to individuals (P2P) or other credit card accounts.
• 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.
• The IDFC FIRST Bank Mobile App allows users to control card usage (online, contactless, international), view virtual card, transaction details, e-statements, outstanding amount, instantly pay bills, and manage/redeem Reward Points.
• Existing IDFC FIRST Bank Credit Card holders can apply for the FIRST Power+