For the very first time, IDFC First Bank has launched a co-branded credit card. There are two cards launched by IDFC First Bank in collaboration with Hindustan Petroleum Corporation Limited. When we talk about the IDFC Bank HPCL First Power Plus Credit Card, this credit card helps you save up to Rs. 18,500 annually, which roughly saves you around 175+ litres of fuel, i.e., you can get free fuel
This credit card has many other benefits such as welcome gifts worth Rs. 1,650. There is a low-joining fees of Rs. 499. This card has the most amazing lifestyle privileges such as complimentary domestic airport lounge access, up to 25% off on movie tickets, complimentary roadside assistance, and much more.
IDFC Bank HPCL First Power Plus Credit Card also helps you avail awesome deals and discounts throughout a wide range of popular partnered brands. Not only that but the interest rate for these cards is very low starting from 0.75% to 3.5% per month which makes it 9% to 42% annually.
To understand this credit card in a better way, a detailed view of the features of this card is as follows:
IDFC HPCL First Power Plus Credit Card

Fees
Joining Fee
Renewal Fee
Best Suited For
Fuel |
Reward Type
Reward Points |
Welcome Benefits
Movie & Dining
25% off on movie tickets up to Rs. 100 once per month and Rs. 150 discounts on all orders above Rs. 500 with Swiggy.
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 Rs. 1,000 per month, and 3X rewards on all other retail transactions.
Reward Redemption
3X rewards are equal to 3 reward points for every Rs. 150 spent i.e.; 1 RP = Rs. 0.75, HPCL Fuel and LPG – 24 rewards points on every Rs. 150 spent on grocery and utility bill, and IDFC FIRST FASTag recharge - 30 rewards for every Rs. 150 spent.
Travel
Complimentary domestic airport lounge access once every quarter and Complimentary roadside assistance worth Rs. 1,399 four times a year.
Golf
NA
Domestic Lounge Access
1 Complimentary Domestic Lounge Access Every Quarter (4 Each Year)
International Lounge Access
N/A
Insurance Benefits
The benefit of a personal accident loan cover of Rs. 2,00,000.
Zero Liability Protection
Card liability is covered for Rs. 25,000 on lost cards.
Spend Based Waiver
Rs. 1,50,000 spends in the previous year.
Rewards Redemption Fee
Rs. 99 on every redemption request
Rewards Redemption Fee
Rs. 99 on every redemption request
Foreign Currency Markup
3.5% on all international transactions
Interest Rates
0.75% to 3.5% per month and 9% to 42% annually
Fuel Surcharge
1% fuel surcharge waiver (capped at max. Rs. 200 per statement cycle).
Cash Advance Charges
Rs. 199 as a cash advance fee.
Add-on Card Fee
Nil
- Save up to 6.5% on fuel spends with this credit card.
- You get 4% as a reward on your HPCL fuel, and LPG spends (max capped at Rs. 10,000 per month), 1.5% as a payback reward with payment through the HP Pay App (capped at max. Rs. 5,000 per month), and 1% fuel surcharge waiver (capped at max. Rs. 10,0000 per month).
- Save up to 5% as a reward on utility and grocery bills (max cap. Rs. 2,000 per month)
- Save up to 5% as rewards on IDFC FIRST FASTag recharge (max cap Rs. 1,000 per month)
- Get 3X rewards on all other miscellaneous retail transactions.
- Complimentary domestic airport lounge access per quarter (minimum monthly spending of Rs. 5,000)
- Get up to 25% off on movie tickets (Rs. 100 max cap per month)
Pros
- With this credit card, you get rewards on UPI transactions also.
- The joining fee is quite affordable (Rs. 499).
Cons
- For global travellers, this card doesn’t provide any international lounge access.
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 1st 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 on the Paytm Mobile App. Use promo code “IDFCCCFM”.
- 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 Benefits
- 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 Europcar.
Domestic Lounge Access
- Complimentary domestic airport lounge access once every quarter on minimum monthly spends of Rs. 5,000.
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.
IDFC HPCL First Power Plus Credit Card Fees & Charges
Joining Fee
The joining fee for IDFC HPCL First Power Plus Credit Card is Rs. 499 plus applicable taxes.
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 on fuel transactions between Rs. 200 and Rs. 5,000 (capped at max. Rs. 200 per statement cycle).
Cash Advance Charge
Rs. 199 will be charged as a cash advance fee.
Eligibility Criteria for IDFC HPCL First Power Plus Credit Card
You must fulfil the following criteria to be eligible for the IDFC HPCL Power + Credit Card-
- Must be an Indian citizen,
- Minimum age of 21,
- Decent credit/CBIL Score
- Annual income of Rs. 3 lakh or more.
How to Apply for the IDFC Bank HPCL First Power Plus Credit Card?
Here are a few steps which can help you apply for the IDFC Bank HPCL First Power + Credit Card:
- Click on the “Apply Now” button,
- Fill in your details, and you will have successfully applied for a new credit card.
IDFC Bank HPCL First Power Plus Credit Card Review
IDFC Bank HPCL First Power Plus Credit Card is one of the 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 is very well suited with fuel, but it has benefits proving that it can also help save money through everyday shopping. For frequent travellers and people who refill their tanks pretty often, this credit card is a perfect 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.
FAQs:
Your gross savings will be around 6.5% on all of your fuel expenses. This will be conclusive of 4% rewards on your HPCL fuel and LPG spends which will be capped at Rs. 10,000 per month, 1.5% as payback rewards max capped at Rs. 5,000 and 1% fuel surcharge waiver.
The estimated savings is of Rs. 18,500 annually. Sufficient enough to buy 175+ litres of fuel.
Up to 25% off on all the movie tickets up to Rs. 100 which you can avail once every month.
You can get discount of Rs. 150 on all the orders above Rs, 500 with Swiggy.
Yes, there is a reward redemption fee of Rs. 99 plus applicable taxes. This fee will be charged on every reward redemption request.
Complimentary domestic airport lounge access once every quarter on a minimum monthly spend of Rs. 5000 and complimentary roaside assistance worth Rs. 1,399 four times a year are major benefits.
This card has an annual fee of Rs. 499 plus applicable taxes.
Yes, with this credit card, you can easily make UPI transactions. Just link your IDFC HPCL Power Plus Card to the UPI app of your choice, like GPay, Paytm, Freecharge and Cred.
3 Comments
I go this card last month. Did my first HPCL fuel transaction with the card and have not received the INR 500 cashback yet? Any idea how much time does it take?
Hello, Sir. Please ensure that the first transaction was made within 30 days of card issuance. Transactions of at least Rs. 250 or more for Power and Rs. 500 or more for Power+ will be eligible for cashback.
Hi,
As per benefits mentioned of HPCL IDFC Power Plus card, it promises 1.5% HP pay points ie. 6 points per 100 rs.
Tried using both ways of payment, HP wallet recharge or HP Direct pay, still you receive 4 points per 100 rs ie 1% HP pay points.