IDFC FIRST Power+ Credit Card (HPCL Fuel): Fees, Rewards & Real Value

Affiliate disclosure. Credit Smart India may earn a referral commission when readers apply through links on this page. Our editorial ratings, comparisons, and analysis stay independent of any commercial relationship — see our editorial policy and research methodology.

IDFC FIRST Power+ Credit Card Review (HPCL co-brand)

IDFC FIRST Bank · HPCL co-brand fuel card — rebranded to FIRST Power+ — Visa Signature
Our score: 6.8 / 10
Joining + Annual: ₹499 + GST (waived on ₹1.5L spend)
Welcome benefits worth ₹2,500
APR 0.71% to 3.85%/month (8.5%-46.2% p.a.)
0% interest on ATM cash till due date

Best for: Daily commuters and HPCL fuel regulars who can hit ₹1.5L annual spend (the fee-waiver threshold). Issuer claims save up to ₹18,500 annually (~175+ litres of fuel) when fuel + grocery + FASTag spends are routed through this card.

What we like
  • ₹499 joining + ₹499 annual fee (waived if you spend ₹1.5L in the prior anniversary year)
  • Welcome benefits worth ₹2,500 (refer issuer page for current offers)
  • 0% interest on ATM cash withdrawals until the due date (typical IDFC FIRST advantage)
  • Low APR — starting at 8.5% p.a. for top-tier customers
  • UPI-on-credit support — earn rewards on UPI spends via the IDFC FIRST app
  • Add-on cards available; refer-a-friend earns up to 10,000 Reward Points
Watch out for
  • Monthly fuel cap
  • No lounges
  • Power+ variant better for heavy users
  • Forex 3.5%

Fees & charges

ItemCharge
Joining fee₹199 + GST
Renewal fee₹199 + GST
Finance charge3.6% p.m.
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Late payment feeUp to ₹1,300

Rewards structure

HPCL fuel: 4% cashback (cap ₹200/month). Online retail: 2% (cap ₹300/month). Base 1%. Redemption via IDFC app.

Key benefits

  • 4% on HPCL fuel (cap ₹200/month)
  • 2× online retail
  • Welcome HPCL ₹250 voucher
  • 1% fuel surcharge waiver
  • IDFC low APR 9%

Who the IDFC First HPCL is for

HPCL customers with monthly fuel ₹3-5K plus moderate online shopping. Cheaper than Power+ which targets heavier users.

Final verdict

Budget HPCL fuel card with online bonus. Step up to IDFC Power+ at ₹2,500+ monthly fuel spend.

FAQ

Is this card the same as IDFC Power+?

No — Power+ is the premium HPCL variant at ₹499 with higher accelerators and lounges.

Does the HPCL voucher work at any pump?

HPCL-branded pumps nationwide via ClubHP app or paper voucher.

Can I combine with HPCL Smart Loyalty?

Yes — ClubHP loyalty points earn separately from card cashback.

Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.

Leave a Reply

Share your experience with the IDFC FIRST Power+ Credit Card (HPCL Fuel)

Real cardholder stories help everyone make smarter choices. Tell us about:

  • Approval timeline and credit-line you got
  • Reward redemption — did the math match the marketing?
  • Customer service or app experience
  • Hidden charges, fee waiver triggers that worked or didn't

No login required. Comments are moderated; spam is filtered automatically.

Your email address will not be published. Required fields are marked *