IDFC HPCL FIRST Power Credit Card
- Updated On: 1 September, 2025
This RuPay credit card is in association with HPCL, which allows users to save ₹7,000 every year and almost 65 litres of fuel every year. Cardholders can enjoy fuel benefits by paying at more than 20,000 HPCL outlets through the HP Pay App, along with a host of other lifestyle privileges.
As an introductory offer, you get welcome benefits up to ₹250 with the card. You earn reward points on fuel, grocery, utility, and other retail purchases that never expire and can be used to redeem a host of items. You can even benefit from dynamic interest rates beginning at 9% per annum and get reward points whenever you refer a friend for the credit card, and the card gets set up. Read on to learn more about this credit card.
IDFC HPCL FIRST Power Credit Card
( 4.6 / 5 )
- Joining Fee
- Annual Fee
- Best Suited For
- Reward Type
Rewards Rate
Save up to 5% on your fuel spending. Save 2.5% as a reward on your utility and grocery expenses. 2.5% as a reward on your IDFC FASTag recharge. 2x rewards on all other retail spend.
Welcome Benefits
₹250 gift voucher on your 1st HPCL fuel transaction above ₹250 and up to 5% cashback (up to ₹1,000 capped) on the transaction value of the first EMI.
Rewards and Benefits
Movie & Dining
N/A
Rewards Rate
Save up to 5% on your fuel spending. Save 2.5% as a reward on your utility and grocery expenses. 2.5% as a reward on your IDFC FASTag recharge. 2x rewards on all other retail spend.
Reward Redemption
You can pay for both online and offline transactions at select merchants instantly with your Reward Points. Redeem reward points for membership and gift vouchers of your favorite brands or for products on IDFC Bank’s Reward Redemption Catalog portal.
Travel
Complimentary roadside assistance worth ₹1,399
Domestic Lounge Access
N/A
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
Get personal accident cover worth ₹2 Lakhs and lost card liability cover worth ₹25,000
Fees & Charges
Spend-Based Waiver
Renewal fee is waived on spending ₹50,000 in the card anniversary year
Rewards Redemption Fee
₹99 plus taxes
Foreign Currency Markup
3.5%
Interest Rates
0.75 – 3.5% per month
Fuel Surcharge Waiver
1% fuel surcharge waiver capped at a maximum of ₹100 per month
Cash Advance Charges
₹199 per withdrawal
Product Details
- Save up to 5% on fuel expenses up to a maximum of ₹5,000 per month.
- Save up to 2.5% on utility expenses and grocery spends up to a maximum of ₹4,000 per month.
- Save up to 2.5% on IDFC FASTag recharge up to a maximum of ₹2,000 per month.
- 2x reward points on other retail spend.
- Get a ₹250 gift voucher on your 1st HPCL transaction of at least ₹250 or more.
- Complimentary roadside assistance worth ₹1,399.
- Personal accident insurance cover worth ₹2 Lakhs.
Pros/Cons
Pros
- This card comes at a low joining fee of ₹199 plus applicable taxes.
Cons
- No complimentary lounge access is provided with this card.
- There aren’t any golf benefits associated with the IDFC HPCL FIRST Power Credit Card.
IDFC HPCL FIRST Power Credit Card – Features and Benefits
Welcome Benefits
- You will get a ₹250 gift voucher on your 1st HPCL fuel transaction above ₹250.
- Get up to 5% cashback (up to ₹1,000 capped) on the transaction value of the first EMI.
Reward Points Accrual
- Make 5% savings on fuel expenses up to a maximum of ₹5,000 per month.
- Save 2.5% as rewards on LPG and HPCL fuel, and get 15 Rewards per ₹150 spent.
- Save 1.5% as Payback Rewards on paying through the HP Pay App, 6 Payback Rewards per ₹100 spent.
- Save 1% as a fuel surcharge waiver.
- Save 2.5% as a reward on utility and grocery spending up to a maximum of ₹4,000 per month. Get 15 Rewards per ₹150 spent.
- Save 2.5% as Rewards on IDFC FASTag recharge up to a maximum of ₹2,000 per month.
- Get 2x rewards on all other retail spends.
Rewards Points Redemption
- You can pay for both online and offline transactions at select merchants instantly with your Reward Points.
- Redeem Reward Points for membership and gift vouchers for your favorite brands.
- Redeem your Reward Points for products on IDFC Bank’s Reward Redemption Catalog portal.
EMI Benefits
You can easily convert your purchases and card balances to EMIs. Also, get 5% cashback up to a maximum of ₹1,000 on your 1st EMI transaction’s value.
Insurance Benefits
Get personal accident cover worth ₹2 Lakhs and lost card liability cover worth ₹25,000. Also, receive complimentary roadside assistance worth ₹1,399, four times a year.
IDFC HPCL FIRST Power Credit Card – Fees & Charges
Annual Fee
The credit card has an annual fee of ₹199 plus taxes. The renewal fee can be waived if you have spent ₹50,000 or more in the previous year.
Interest Rate
The card charges an interest rate of 0.75% to 3.5% per month.
Forex Markup Fee
The card charges 3.5% as a forex markup fee.
Cash Withdrawal Fee
The credit card charges ₹199 plus taxes for every cash withdrawal request.
Fuel Surcharge Waiver
Get a 1% fuel surcharge waiver that is capped at a maximum of ₹100 per card statement cycle.
How to Apply for IDFC HPCL FIRST Power Credit Card?
Follow these steps to apply for the credit card –
- Click on the “Apply Now” button.
- Fill in your details and apply for the IDFC HPCL FIRST Power Credit Card.
IDFC HPCL FIRST Power Credit Card Review
The IDFC HPCL FIRST Power credit card is the first co-branded card by the bank, and it also comes in the more premium and rewarding Power+ variant. The card aims to revolutionize the way people spend money on their mobility and fuel expenses so that they can organize their spends better.
The card provides lifestyle and utility benefits to the customer apart from fuel savings, and also comes with exciting welcome and merchant offers. You can save almost ₹7,000 every year with a credit card and earn up to 65 litres of fuel. The reward points earned on this credit card never expire, and you can redeem them for various products and vouchers.
FAQs:
Is the FIRST Power credit card lifetime free?
No, the FIRST Power credit card comes at a joining fee of ₹199 plus taxes.
How much do I save on fuel expenses with this credit card?
You can make up to 5% savings on your fuel spends with the card and get up to 65 litres of fuel per year. You save 2.5% as rewards on HPCL and LPG fuel, you save 1.5% as rewards on payments through the HP Pay app, and you save 1% as a fuel surcharge waiver.
Do my reward points expire on this credit card?
No, the reward points you earn on the FIRST Power credit card never expire. You can use the rewards to make online and offline payments at select merchants or redeem them against products or vouchers at the Reward Redemption catalog.
Is there a renewal fee waiver for this credit card?
Yes, you can get the renewal fee of this credit card waived off by spending ₹50,000 or more in the card anniversary year.
2 comments
Vilas Verma
What if I could not spend 50000 in the card anniversary year, how much will it charge?
Kartik Kanwar
₹199 + GST