IDFC FIRST HPCL FIRST Power+ Credit Card
IDFC FIRST Bank • RuPay
Enhanced co-branded fuel card offering up to 6.5% savings on HPCL fuel, 5% on grocery and utilities, airport lounge access, and 3X rewards on UPI
Underwriting & Income Cutoffs
warningMandatory HP Pay App QR Workflow for Fuel Savings
Full 6.5% savings requires scanning HP Pay QR and selecting credit card payment within the app. Direct POS swipe earns base retail points only.
6.5% bachat ke liye HP Pay app use karna anivarya hai; direct swipe karne par poora benefit nahi milta.
Source: IDFC FIRST Power+ Product Guide Page 3
warningLow Capping on 5% Grocery & Utility Savings (₹2,000)
The 5% accelerated rate on groceries, utilities, and FASTag recharges is strictly capped at ₹2,000 monthly spend (max ₹100 savings per category). Spends beyond ₹2,000 earn base points only.
Grocery aur utility par 5% offer sirf pehle ₹2,000 spend tak simit hai; uske baad normal base rate milta hai.
Source: IDFC FIRST Power+ Product Guide Page 4
warningSpend Condition on Domestic Airport Lounge Access
1 complimentary domestic airport lounge visit per quarter is contingent upon achieving a minimum spend of ₹20,000 in the previous calendar month.
Free airport lounge tabhi milega jab pichle mahine card se kam se kam ₹20,000 kharch kiye gaye hon.
Source: IDFC FIRST Power+ Lounge Access Policy
warningMonthly Fuel Surcharge Waiver Ceiling of ₹200
Fuel surcharge waiver is capped at ₹200 per statement cycle, leaving fuel spends above ₹20,000 subject to regular surcharge.
Fuel surcharge waiver ki maximum limit ₹200 per month hai.
Source: IDFC FIRST Power+ Schedule of Charges
warningAnnual Fee Reversal Barrier of ₹1,50,000
Annual fee of ₹499 + GST requires ₹1,50,000 annual spend to waive; low-mileage drivers who spend primarily on fuel may struggle to hit this waiver.
₹499 fee maaf karwane ke liye saal me ₹1.5 lakh spend karna zaroori hai.
Source: IDFC FIRST Power+ Schedule of Charges
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 6.5% tak ka value back chahte hain. Lekin ₹499 (+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 (6.5% return): Fee recover karne ke liye sirf ₹640 / mahina (₹7,677 / saal) spend zaroori hai.
• Regular Offline Spends (0.5% base return): Fee recover karne ke liye lagbhag ₹8,317 / 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 ₹7,677 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 ₹640/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 ₹499 + 18% GST (Total: ₹588.82) 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 ₹5,00,000 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.