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For the very first time, IDFC First Bank has launched a co-branded credit card. IDFC First Bank launched two cards in collaboration with Hindustan Petroleum Corporation Limited. The IDFC Bank HPCL First Power Plus Credit Card helps you save up to ₹18,500 annually, which roughly saves you around 175+ liters of fuel, i.e., you can get free fuel.

This credit card has many other benefits apart from savings on fuel at HPCL, such as welcome gifts worth ₹1,650. The joining fee for the card is ₹499. This card has impressive lifestyle privileges, such as complimentary domestic airport lounge access, up to 25% off movie tickets, complimentary roadside assistance, and much more.

IDFC Bank HPCL First Power Plus Credit Card also helps you avail of awesome deals and discounts across a wide range of popular partnered brands. 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 all the features of this credit card in a better way, a detailed view of this card is as follows:

IDFC HPCL First Power Plus Credit Card
(4.7/5)

Joining Fee

Rs. 499 + GST

Renewal Fee

Rs. 499 + GST

Best Suited For

Fuel |

Reward Type

Reward Points |

Welcome Benefits

Up to Rs. 500 cash back on your 1st HPCL fuel transaction above Rs. 500 and up to 5% cashback (up to Rs. 1,000 capped) on the transaction value of the first EMI.

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

30X Reward Points on HPCL Fuel up to 2,400 Reward Points. You can save up to 5% as rewards on grocery and utility expenses, up to 5% as a reward on IDFC FIRST FASTag recharges (max Rs. 1,000 per month), and 3X rewards on all other retail transactions.

Reward Redemption

1 Reward Point = Rs. 0.25

Travel

Complimentary domestic airport lounge access once every quarter and complimentary roadside assistance worth Rs. 1,399 four times a year.

Domestic Lounge Access

1 Complimentary Domestic Lounge Access Every Quarter (4 Each Year)

International Lounge Access

N/A

Golf

NA

Insurance Benefits

The benefit of a personal accident loan cover of Rs. 2,00,000.

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

N/A

Cash Advance Charges

Rs. 199 as a cash advance fee.

  • Save up to 6.5% on fuel spends with this credit card.
  • Save up to 5% as a reward on utility and grocery bills (max cap. ₹2,000 per month)
  • Save up to 5% as rewards on IDFC FIRST FASTag recharge (max cap ₹1,000 per month)
  • Get 3X rewards on all other miscellaneous retail transactions.
  • Complimentary domestic airport lounge access per quarter (minimum monthly spending of ₹20,000)
  • Get up to 25% off on movie tickets (₹00 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 features and benefits provided by the IDFC First Bank –

Welcome Benefits

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

Movie and Dining

  • Up to 25% off on movie tickets up to ₹100 once per month on the Paytm Mobile App. Use promo code  “IDFCCCFM”.
  • Get up to ₹150 discounts on all orders above ₹500 with Swiggy.

Travel Benefits

  • Complimentary roadside assistance worth ₹1,399 four times a year.
  • ₹1,000 discount with ZoomCar rentals. Use code ALIDFCFIRST while making payment for self-drive rental cars with IDFC First Power + Credit Card.
  • Up to 50% discount on chauffeur-driven car rental with Eco Rent-A-Car and Europcar.

Domestic Lounge Access

Complimentary domestic airport lounge access once every quarter on minimum monthly spending of ₹20,000.

UPI

The IDFC First Bank HPCL Power Plus Credit Card is now available on the RuPay network. If you opt for the RuPay version of the First Power Plus Credit Card, you will be able to link your card to any UPI application of your choice, such as GooglePay, PhonePe, Cred, and Paytm. When you make UPI transactions using this card, you will earn 3X Reward Points across all categories except Fuel, Insurance, and EMI. There is no limit to the number of UPI Reward Points you can earn.

Insurance Benefits

  • The benefit of a personal accident loan is ₹2,00,000.
  • Card liability is covered for ₹25,000 on lost cards.

Rewards Rate With IDFC First Power Plus Credit Card

  • 30X Reward Points on HPCL Fuel up to 2,400 Reward Points (₹600) in a statement cycle. Check the official IDFC First savings maximizer document.
  • Save up to 5% as rewards on grocery and utility expenses of up to worth ₹2,000 per month.
  • You can save up to 5% as a reward on IDFC FIRST FASTag recharge (max cap ₹1,000 per month). For IDFC FIRST FASTag recharge, you will get 30 rewards for every ₹150 spent.
  • Get up to 3X rewards on all other retail transactions. Here, 3X rewards are equal to 3 reward points for every ₹150 spent.
  • Rewards are not applicable to HPCL fuel and LPG expenses beyond the maximum monthly capped amount.

 (1 Reward point = ₹0.25)

Eligibility Criteria for IDFC HPCL First Power Plus Credit Card

You must fulfill 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 ₹3 lakh or more.

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

Here are a few steps that 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 to come into existence in collaboration with HPCL. One of the main benefits of this card is that it rewards customers for regular refuels based on their usage.

This card is very well suited for fuel use, but it has other benefits, proving that it can also help save money through everyday shopping. For frequent travelers and people who refill their tanks, this credit card is a perfect approach to saving money. This card not only saves fuel but also has many other benefits for Swiggy, movies, and even rental cars. The IDFC HPCL Credit Card also offers a luxurious lifestyle benefit of complimentary lounge access at no extra cost as well.

FAQs:

Your gross savings on all fuel expenses at HPCL fuel stations will be around 6.5%. The estimated savings are Rs. 18,500 annually, sufficient to buy 175+ liters of fuel.
Up to 25% off on all movie tickets up to Rs. 100, which you can avail of once every month. You can get a discount of Rs. 150 on all orders above Rs. 500 with Swiggy.
Yes, a reward redemption fee of Rs. 99 plus applicable taxes will be charged on every reward redemption request.
Complimentary domestic airport lounge access once every quarter on a minimum monthly spend of Rs. 20,000 and complimentary roadside assistance worth Rs. 1,399 four times a year.
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.
IDFC HPCL First Power Plus Credit Card

IDFC HPCL First Power Plus Credit Card

(4.7/5)

3 Comments

  1. Pushkar Reply

    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?

    • Kartik Kanwar Reply

      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.

  2. Tuhin Reply

    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.

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