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IDFC First Power+ Credit Card: Fees, Rewards & Benefits

Fuel card with lounge access

Vyaya Team · Jun 2026
5 min read
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Value Score
8.0 / 10
Annual Fee
₹499
Best For
HPCL fuel loyalist, Budget-conscious RuPay/UPI user
Network
RuPay
Expert Verdict

The IDFC First Power+ is a focused fuel card that rewards HPCL loyalists with ~5% back up to a Rs.12,000 monthly cap, at a negligible Rs.499 fee that's easily waived. Outside fuel and grocery, however, its 0.5% base rate and 3.5% forex markup are weak.

IDFC FIRST BANKRuPay
IDFC First Power+
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REWARD SUMMARY
0.5% Base Rewards
Fuel card with lounge access
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The Bottom Line

The IDFC First Power+ is built for hpcl fuel loyalist and budget-conscious rupay/upi user. With a ₹499 annual fee that is waived on ₹1,50,000 yearly spend, it offers 5% rewards on hpcl authorized fuel stations (fuel) and a welcome benefit worth ₹500. It makes the most sense if your spending matches hpcl fuel loyalist and budget-conscious rupay/upi user.

It earns a base reward rate of 0.5% and stacks best when your spending lines up with HPCL fuel loyalist, Budget-conscious RuPay/UPI user. The renewal fee gets easier to justify once you can hit ₹1,50,000 in yearly spend.

What we like
+Outstanding fuel rewards at HPCL outlets: 30X Reward Points (30 RP per Rs.150, ~5% at 0.25/point) on transactions up to a 2,400 RP / Rs.12,000 monthly cap, ideal for heavy fuel users
+Low entry cost with a Rs.499 joining fee and Rs.499 annual fee that is fully waived on annual spends of just Rs.1,50,000
+4 complimentary domestic lounge visits plus Rs.1,399 worth of roadside assistance (up to 4 times/year), strong for a sub-Rs.500 card
+Reward Points never expire and ATM cash withdrawals are interest-free for up to 48 days
+30X accelerated earning also extends to grocery (up to 400 RP/month) and in-app spends, broadening value beyond fuel
What we don't
Low base earn rate of just 3 RP per Rs.150 (~0.5% at 0.25/point) on regular non-fuel spends
Accelerated fuel rewards are tightly capped at 2,400 RP/month and apply only at HPCL outlets; non-HPCL and beyond-cap fuel earn nothing
High 3.5% forex markup makes it unsuitable for international spends
Insurance, EMI and cash withdrawals are fully excluded from earning, including on UPI

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal
+
HPCL fuel loyalist

Commuters who refuel exclusively at HPCL stations can capture ~5% back up to Rs.12,000/month, making the Rs.499 fee easy to justify.

+
Budget-conscious RuPay/UPI user

Those wanting a cheap card with UPI linkage and never-expiring points for fuel and grocery.

Probably not for

Skip
International traveller

The 3.5% forex markup and zero international lounge access make this a poor fit for overseas spends.

High general spender

Anyone whose spend isn't concentrated at HPCL gets only ~0.5% base value, far below better all-rounders.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Welcome bonus (Year 1)+₹500
Annual fee-₹499
Net Value (Year 1)+1
Net Value (Year 2+)-499
Progress to fee waiver0%

Spend ₹1,50,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

IDFC First Power+ offers 0.5% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

HPCL authorized fuel stations (Fuel)
5%
HP Pay App by HPCL (Fuel)
1.5%
FIRST forward app / IDFC FIRST Bank Mobile Banking app (Other)
5%
Grocery
5%

Welcome Offer

Welcome Benefit

INR 500 cashback on first transaction of INR 500 or above at an HPCL fuel station. Plus 5% cashback up to INR 1,000 on first EMI conversion. Joining benefits applicable for 30 days from card set-up.

Value: ₹500

Milestone Benefits

Spend ₹1,50,000

Annual fee waiver on spends of INR 1,50,000 in a year.

Fees & Charges

Joining fee₹499
Annual fee₹499
Fee waiverSpend > ₹1,50,000

Eligibility

  • Min Income: ₹3 Lakhs
  • Min Credit Score: 700
  • Age 21+; annual income ₹3L+; CIBIL 700+; co-branded HPCL fuel card on RuPay Select; annual fee ₹499 waived on ₹1.5L annual spend.

Exclusions & Terms

Forex markup

  • Foreign currency markup

EMI Transactions

  • Excluded from earning Reward Points. Rewards on UPI transactions are also not applicable for EMI.

Cash Withdrawal

  • Excluded from earning Reward Points.

Frequently Asked Questions

3 data-backed answers from our card database

What is the annual fee of the IDFC First Power+?+

The IDFC First Power+ has an annual fee of ₹499, waived on annual spends of ₹150,000.

What rewards does the IDFC First Power+ offer?+

It earns Reward Points, with accelerated earning on Fuel, Grocery, Rewards.

Does the IDFC First Power+ offer airport lounge access?+

Yes, it includes complimentary airport lounge access. See the benefits section for visit limits.

Ready to apply?

₹499 annual fee. Apply on the IDFC First Bank website.

Apply on IDFC First Bank

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