- Joining fee
₹199 + GST
- Annual fee
₹199 + GST
- Best suited for
Fuel
- Reward type
Reward Points
Rewards
- 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.
- 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.
Benefits
- Travel
Complimentary roadside assistance worth ₹1,399
- Insurance
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 highlights
- 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.
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.