HomeCredit CardsHPCL IDFC FIRST Power+ Credit Card
HPCL IDFC FIRST Power+ Credit Card

IDFC FIRST Bank

HPCL IDFC FIRST Power+ Credit Card

visaclassiccreditfuel expensesgroceryutility

Annual Fee

₹589₹499 + GST

Base Reward

0.5% points

Foreign Markup

3.5%

Apply Now
VerifiedLast updated 26 May 2026

Welcome Benefits

₹500 cashback on 1st transaction of ₹500 or above at HPCL fuel station

Product Highlights

  • Affordable joining and annual fee of ₹499
  • Decent savings on fuel expenses
  • Accelerated rewards on groceries, utilities, and FASTag recharges
  • No expiry of reward points
  • Offers reward points on UPI transactions

Category Rewards

Specialty

30X RP on HPCL fuel (≈6.5% value back inc. surcharge waiver)

30X

Cap ₹12,000

grocery

5% on Grocery + Utility (30 RP per ₹150)

5X

utilities

5% on Grocery + Utility (30 RP per ₹150)

5X

Specialty

5% on IDFC FIRST FASTag recharge

5X

Merchant-Specific Rewards

1 pt ≈ ₹0.25–₹0.50
HPCL

HPCL

4% savings(up to ₹10,000 every month)

4X

Reward Calculator

Earns ₹5,411/year (net)

Modest gain. Solid hold if you like the perks.

Monthly spend

₹19K

across all your buckets

Points / yr

24K

IDFC FIRST Reward Points

Best worth

₹6K

via standard · ₹0.25/pt

Effective rate

2.63%

Annual fee

₹589

Year 1 net

+₹5,411

Year 2+ net

+₹5,411

ongoing

Adjust your spend by reward bucket

4 buckets
5.00%30X RP on HPCL fuel (≈6.5% value back inc. surcharge waiver)
₹3,000/mo
Earns 600 idfc first reward points / mo≈ ₹150 worth/mo(cap ₹12,000)
5.00%5% on Grocery + Utility (30 RP per ₹150)
₹3,000/mo
Earns 600 idfc first reward points / mo≈ ₹150 worth/mo
5.00%5% on IDFC FIRST FASTag recharge
₹3,000/mo
Earns 600 idfc first reward points / mo≈ ₹150 worth/mo
0.50%All other spends
₹10,000/mo
Earns 200 idfc first reward points / mo≈ ₹50 worth/mo

Real Reward Ceiling

Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.

30X RP on HPCL fuel (≈6.5% value back inc. surcharge waiver)

Headline: 5.00% effective

Real Ceiling (per cycle)

₹12,000 × 5.00% = ₹600 max reward/cycle

Cap: ₹600Stops at: ₹12,000

5% on Grocery + Utility (30 RP per ₹150)

Headline: 5.00% effective

5% on IDFC FIRST FASTag recharge

Headline: 5.00% effective

Surcharges & Exclusions

Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.

Foreign exchange markup

3.5%

Charged on every international (non-INR) transaction

Excluded from rewards

emi, cash advance, balance transfer

Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.

Rewards Details

4% savings on HPCL fuel and LPG expenses, 1.5% savings on HP Pay App, 5% savings on IDFC FasTag, 5% savings on grocery and utility, 3X rewards on other expenses.

Reward Points — Redemption Value
  • 1 Reward Point = ₹0.25

Benefits & Features

Domestic: 1 complimentary visit per quarter (Min ₹20,000 monthly spend required) Free domestic airport lounge access, once every quarter.

Pros & Cons

Pros

  • Affordable joining and annual fee of ₹499
  • Decent savings on fuel expenses
  • Accelerated rewards on groceries, utilities, and FASTag recharges
  • No expiry of reward points
  • Offers reward points on UPI transactions
  • Offers additional perks like free roadside assistance and insurance coverage

Cons

  • Spending limit to access domestic lounges has increased from ₹5,000 to ₹20,000
  • No international lounge access is provided
  • It does not offer golf benefits
  • 1% fuel surcharge waiver is discontinued

Partner Merchants

HPCL

Ready to apply?

Apply directly on the bank's official website. Quick approval, no hidden steps.

Apply Now

Official bank website · Secure

Fees & Charges

Annual Fee₹499
Joining Fee₹499
Foreign Markup3.5%
Interest Rate42.00%
Cash Advance₹199

Eligibility

Min Age

21 yrs

Salaried

₹3.0L+

Networks

visamastercard