IDFC HPCL First Power Plus Credit Card

IDFC HPCL FIRST Power Credit Card – Features and Benefits

Here are the main key feature and benefits provided by the IDFC First Bank –

Welcome Benefits

• You will get up to Rs. 500 cash back on your 1^st HPCL fuel transaction above Rs. 500
• Get up to 5% cashback (up to Rs. 1,000 capped) on the transaction value of the first EMI.

Rewards Rate

• Save up to 5% as rewards on grocery and utility expenses of up to worth Rs. 2,000 per month.
• Save up to 5% as a reward on IDFC FIRST FASTag recharge (max cap Rs. 1,000 per month).
• Get up to 3X rewards on all other retail transactions

Movie and Dining

• Up to 25% off on movie tickets up to Rs. 100 once per month
• Get up to Rs. 150 discounts on all orders above Rs. 500 with Swiggy

Reward Redemption

• Here 3X rewards is equal to 3 reward point for every Rs. 150 spent i.e.; 1 RP = Rs. 0.75
• For HPCL Fuel and LPG – 24 rewards points on every Rs. 150 spent on grocery and utility
• For IDFC FIRST FASTag recharge you will get 30 rewards for every Rs. 150 spent.
• Rewards are not applicable on the HPCL fuel and LPG expenses beyond the maximum monthly capped amount.

Travel

• Complimentary domestic airport lounge access once every quarter on minimum monthly spends of Rs. 5,000.
• Complimentary roadside assistance worth Rs. 1,399 four times a year.
• Rs. 500 discount with ZoomCar rentals.
• Up to 50% discount on domestic and international rental cars with Eco Rent-A-Car and EuroCard
• You will also get the benefit of personal accident loan cover of Rs. 2,00,000.

Domestic Lounge Access

• Complimentary domestic airport lounge access once every quarter on minimum monthly spends of Rs. 5,000.

International Lounge Access

• N/A

Insurance Benefits

• Benefit of personal accident loan cover of Rs. 2,00,000.

Zero Liability Protection

• Card liability covered for Rs. 25,000 on lost cards.

Fees & Charges

Joining Fee

Rs. 499 plus applicable taxes but you will get the card at Zero joining fee before 30^th April 2023 as an introductory offer.

Renewal Fee

Annual fee of Rs. 499 which can be waived upon reaching the milestone.

Spend-Based Waiver

This annual fee can be waived on crossing Rs. 1,50,000 spends in the previous year.

Reward Redemption Fee

Rs. 99 on every redemption request will be charged.

Foreign Currency Markup

3.5% of the amount on all international transaction

Interest Rates

This is a low-interest rate card starting from 0.75% to 3.5% per month which makes it 9% to 42% annually.

Fuel Surcharge

1% fuel surcharge waiver (capped at max. Rs. 10,0000 per month).

Cash Advance Charge

Rs. 199 will be charged as a cash advance fee.

Add-on Card Fee

No add-on card fee

How to apply for the IDFC Bank HPCL First Power Plus Credit Card?

Here are a few steps which can help you apply for this new IDFC credit card:

• Visit the official website of IDFC first bank.
• Go to the cards section and go to co-branded cards
• Look for IDFC Bank HPCL First Power Plus Credit Card.
• Fill in your details there and then apply.

Bottom Line

IDFC Bank HPCL First Power Plus Credit Card is one of the very first credit cards by IDFC first bank which came into existence in collaboration with HPCL. This credit card is introduced in the market by mainly focusing on the market-consuming fuel at a more than average rate.

This card sure is very well suited with fuel but it has benefits proving that it can also help save money through normal shopping. For continuous travelers and people who refill their tanks pretty often, this credit card is a very good approach to saving money. This card not only saves fuel but has a lot of other benefits on Swiggy, movies, and even on rented cars.

This credit card gives a luxurious lifestyle benefit of complimentary lounge access at no cost as well.