IDFC FIRST HPCL FIRST Power Credit Card
IDFC FIRST Bank • RuPay
Entry-level co-branded fuel card offering up to 5% savings on HPCL fuel, 2.5% on grocery and utilities, and 2X rewards on UPI
Underwriting & Income Cutoffs
warningMandatory HP Pay App QR Workflow for Fuel Savings
Full fuel savings (5%) require scanning the QR code via HP Pay App and paying with the card through the app gateway. Physical card swipes at POS machines earn standard base rewards only.
Pura fuel cashback pane ke liye HP Pay app se QR scan karke pay karna padta hai; swipe machine par card swipe karne par accelerated fuel rewards nahi milte.
Source: IDFC FIRST HPCL Power Product Guide Section 2
warningFuel POS Merchant Misclassification Risk
Fuel surcharge waiver and accelerated points fail to trigger if an HPCL retail pump terminal is assigned a non-fuel MCC (such as retail or service station) by acquiring banks.
Agar petrol pump ki swipe machine ka MCC galat registered hai toh surcharge waiver aur bonus points dono cancel ho jaate hain.
Source: IDFC FIRST MITC Fuel Surcharge Disclosure
warningStrict Spend Capping on Groceries & Utilities (₹2,000)
The 2.5% savings rate on groceries, utilities, and FASTag recharges is strictly capped at a low monthly spend threshold of ₹2,000, limiting savings to just ₹50 per category.
Grocery aur utility par 2.5% ka rate sirf ₹2,000 per month tak hi milta hai jisse maximum ₹50 ki hi bachat hoti hai.
Source: IDFC FIRST Power Product Guide Section 3
warningMonthly Fuel Surcharge Waiver Ceiling of ₹100
Fuel surcharge waiver is capped at ₹100 per statement cycle, meaning fuel spends exceeding ₹10,000 per month incur un-waived surcharge fees.
Fuel surcharge waiver mahine me maximum ₹100 tak hi milta hai; ₹10,000 se zyada petrol bharwane par extra surcharge lagta hai.
Source: IDFC FIRST Power Schedule of Charges
warningNPCI Small Merchant Zero Reward Rule on UPI Spends
RuPay UPI transactions <= ₹2,000 at merchants with turnover <= ₹20 lakh earn zero reward points per NPCI regulatory guidelines.
Chote vyapariyon ke QR par ₹2,000 se kam UPI payment karne par koi points nahi milte.
Source: NPCI Circular 2026
Calculate Your Real Annual Profit on IDFC FIRST HPCL FIRST Power Credit Card
Drag the slider to your estimated monthly card spend to project net monetary yield.
The Math Behind IDFC FIRST HPCL FIRST Power Credit Card
IDFC FIRST HPCL FIRST Power Credit Card (IDFC FIRST Bank) un logon ke liye design kiya gaya hai jo FUEL categories me spend karke 5% tak ka value back chahte hain. Lekin ₹199 (+18% GST) ki annual fee ke sath, asli net profitability aapke merchant categories, waiver spend milestones aur hidden exclusions par depend karti hai.
• Partner Merchant Spends (5% return): Fee recover karne ke liye sirf ₹332 / mahina (₹3,980 / saal) spend zaroori hai.
• Regular Offline Spends (0.333% base return): Fee recover karne ke liye lagbhag ₹4,980 / mahina spend karna hoga. Isse kam spend karne par annual fee ki wajah se net return loss me chala jayega.
1. Fuel Brand Ecosystem Lock-in
Fuel credit cards specific oil marketing companies (BPCL, IndianOil, ya HPCL) ke official POS terminals ke sath tied-up hote hain jahan 4% se 7.25% tak ka value-back milta hai. Dusri rival oil company ke pump par swipe karne par rate drop hokar zero ho jata hai.
2. Surcharge Waiver Reality vs Un-waived 18% GST
Petrol pump par lagne wala 1% fuel surcharge bank reverse karta hai, lekin surcharge par lagne wala 18% GST bank kabhi reverse nahi karta aur customer ke account se deduct hota hai. Isliye 100% waiver ke bawajood chhota sa net GST loss hota hai.
3. Monthly Surcharge Waiver Ceiling
Fuel surcharge waiver sirf ₹400 se ₹4,000/₹5,000 ke beech ke transaction amount par hi valid hota hai. Monthly maximum waiver cap ₹100 se ₹250 par set hota hai, jo 3-4 tank refills me poora exhaust ho jata hai.
check_circleKise Lena Chahiye (Who Should Apply):
Agar aapka natural monthly kharcha FUEL merchants par hota hai aur aap saal me ₹3,980 ka spend aaram se cross kar lete hain.
cancelKise Bilkul Nahi Lena Chahiye (Who Should SKIP):
Agar aapka kharcha offline dukanon, petrol ya rent par zyada hota hai, ya online spend ₹332/mahine se kam hai, toh is card ko skip karein kyunki fee recover nahi hogi.
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Frequently Asked Questions
What is the annual fee of IDFC FIRST HPCL FIRST Power Credit Card and how can it be waived?expand_more
IDFC FIRST HPCL FIRST Power Credit Card ki joining aur annual renewal fee ₹199 + 18% GST (Total: ₹234.82) hai. Agar aap pichle saal me ₹1,00,000 ya usse zyada spend karte hain, toh renewal fee 100% reverse (waive) ho jati hai.
What is the minimum salary required for IDFC FIRST HPCL FIRST Power Credit Card?expand_more
Salaried applicants ke liye minimum net in-hand monthly salary ₹3,00,000 aur 750+ CIBIL score hona zaroori hai. Self-employed applicants ke liye ₹6.0 Lakhs+ annual ITR mandatory hai.
What are the ATM cash withdrawal and international forex charges?expand_more
ATM se cash withdraw karne par 2.5% (minimum ₹500) cash advance fee aur pehle din se finance charges lagte hain. International foreign currency spends par standard 3.5% forex markup + 18% GST deduct hota hai.
How does IDFC FIRST HPCL FIRST Power Credit Card reward point redemption work?expand_more
Earn kiye gaye points ko statement cash ya partner shopping vouchers me redeem kar sakte hain. Statement credit lene par 1 point lagbhag ₹0.25 ka hota hai aur bank ₹99 + 18% GST redemption fee charge karta hai.
• Data Authority: Audited against official bank Most Important Terms and Conditions (MITC) Schedule.
• Regulatory Reference: Reserve Bank of India (RBI) Credit & Debit Card Directions 2022/2024.
• Verification: Independent research conducted by EQUIS Intelligence Labs • Last verified: September 2026.