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Raj is a frequent traveller and a tech-savvy professional who found the perfect way to save with the IDFC FIRST Power Credit Card. He gets excellent benefits in terms of saving on fuel, groceries, and utilities.
For example, Raj saves up to ₹5,000 every month and ₹7,000 every year, which makes it an ideal choice for someone always on the move.
The rewards are just as attractive—each time Raj fills up at HPCL stations, he earns reward points and Happy Coins, adding to his savings. He also got cashback on his first fuel transaction, making travel expenses cheaper.
The card rewards program is simple to use, and Raj quickly redeems his points for discounted flight bookings, adding even more value to his travel plans.
IDFC First Bank is updating its credit card terms starting February 20, 2025, in line with the evolving needs of users like Raj. Changes include revised Annual Percentage Rates (APR), fuel fee waivers, new payment due dates, and updates on add-on card and replacement fees, ensuring more benefits for cardholders.
The IDFC FIRST Power Plus Credit Card is ideal for those seeking to save on fuel and other daily purchases. For instance, you can save 6.5% on fuel at HPCL stations and 5% on groceries and utilities.
Additionally, you get ₹500 cash back on your first fuel transaction within 30 days of activating the card. There are spending limits on categories such as HPCL fuel, HP Pay App, groceries, utilities, and IDFC FIRST FASTag recharge. This is a good option for HPCL loyalists and credit card beginners.
Welcome benefits and merchant offers are available when you use the IDFC FIRST Power Credit Card!
Here’s a simplified table with the details for the FIRST Power Credit Card Fuel Savings
Savings Type | How You Save | Value of Rewards | Maximum Monthly Limit | Conditions |
Reward Points (3.5% Savings) | Earn 21 Reward Points for every ₹150 spent on HPCL fuel. |
Payment Method | How to Earn | Reward Breakup | Conditions |
HP Pay App—Pay by QR | Use FIRST Power Credit Card to pay via QR code at HPCL fuel stations | 6 Happy Coins: 4 immediately, 2 additional coins within 30 days. |
Important Notes:
Tip: Using the HP Pay App would yield the most significant savings on purchases from HPCL since one need not provide the machine code of the fuel station's MID and simultaneously earn 1.5% additional savings as Happy Coins.
How Rewards Are Credited: Rewards will appear on your credit card statement.
Important: No rewards will be earned if the merchant does not fall within grocery or utility categories based on the MCC.
Where It Applies: You earn rewards each time you recharge your FASTag via the IDFC FIRST Bank Mobile Banking App and/or the FIRST Forward App.
(1 Reward point = 0.25₹)
This applies to all retail spends except
How it Saves
(1 Reward point = ₹0.25)
Maximize HPCL Fuel Savings
Where it Applies: Earn rewards on all retail purchases made via UPI.
Exclusions: No rewards on:
How You Save:
Limits: There is no cap on the reward points you can earn.
Roadside Assistance
Get free RSA across India 4 times a year with the IDFC FIRST Power Credit Card. Worth ₹1,399 every time. Global Assure powers it.
How to Use Roadside Assistance (RSA)
Insurance Cover | Coverage Amount | Details | Condition |
1 Reward Point = ₹0.25 |
₹5,000 spent = Up to 700 Reward Points |
Only at authorised HPCL fuel stations. |
Happy Coins (1.5% Savings) | Earn 6 Happy Coins for every ₹100 spent on fuel through the HP Pay App. | 1 Happy Coin = ₹0.25 | ₹10,000 spent = Up to 600 Happy Coins | Only on fuel payments made via the HP Pay App. |
Must use "Pay by QR" in HP Pay at authorised HPCL fuel stations.
HP Pay App—Wallet Upload | Upload money into the HP Pay wallet to pay for fuel | 6 Happy Coins: 3 coins on wallet upload, 2 additional coins within 30 days, 1 coin when using the wallet for fuel payment. | Use the “Wallet Upload” option in the HP Pay App and pay with your wallet balance. |
*T&C Apply
Lost Card & Fraud Protection
₹25,000 |
Covers losses from lost cards, counterfeit cards, skimming, phishing, and online fraud. |
Must have made at least 1 purchase or ATM withdrawal in the last 30 days. |
Personal Accident Cover | ₹2,00,000 | Covers accidental death or permanent total disability caused by an unforeseen, external, and violent event. | Must have made at least 1 purchase or ATM withdrawal in the last 30 days. The claim is paid only once, even if multiple cards are held. |
Credit Shield | ₹2,00,000 | Covers the outstanding debt on your card in the event of accidental death. | Must have made at least 1 purchase or ATM withdrawal in the last 30 days. |
Purchase Protection | ₹25,000 | Covers fire, burglary, and theft of purchases made with your IDFC FIRST Credit Card at your home. | Valid for 60 days from purchase date. Must have made at least 1 purchase or ATM withdrawal in the last 30 days for eligibility. |
Like every other credit card, IDFC FIRST Power Credit Card carries certain fees and charges that you need to be aware of:
ATM Cash Withdrawal Fees
Over-limit Charges
To apply for the IDFC FIRST Power Credit Card, one has to meet these requirements:
Documents Required
You will require the following documents to apply for the IDFC FIRST Power Credit Card:
Note: Make sure that at the time of Video KYC you must have a black paper, a pen and your original PAN card with you.
The IDFC FIRST Power Credit Card is suitable for a wide variety of people:
With the IDFC FIRST Power Credit Card, you can use your rewards for numerous things like
IDFC FIRST Power Credit Card is a good choice for frequent travelers, commuters, and tech-savvy shoppers who want to save on everyday expenses. It offers many benefits, from fuel savings to cashback and rewards at grocery stores, utility stores, and even recharges for FASTag. The card also comes with lifestyle benefits including car rentals, roadside assistance, and travel insurance.
Furthermore, it has new updates starting in February 2025, with more value being added to it in terms of revised APR, fuel fee waivers, and easy redemption of rewards. It makes saving easy and rewarding when shopping, traveling, or even managing utilities.
Q1: What is the value of reward points in the IDFC First Power credit card?
The IDFC First Power credit card earns 3 Reward points for every ₹150 spent. Each Reward point is worth ₹0.25, and there is no cap on how many reward points you can earn.
Q2: What are the ATM withdrawal charges using the IDFC Power credit card?
ATM draws on the IDFC Power credit card attract a cash advance fee of ₹199 + GST. However, if you choose the IDFC FIRST Bank FIRST Power+ credit card, you do not have the hassle of paying high interest charges levied on cash withdrawals instead, you get away with merely the ₹199 + GST cash advance fee and 0% interest is levied if repaid before due date.
Q3: How do I avoid a fuel surcharge on my credit card?
You may have to fulfill certain conditions to avoid the fuel surcharge on your credit card. For example, you may have to spend a minimum amount on fuel every month or use your card at specific fuel stations. Moreover, the waiver may be available only up to a certain limit, either per transaction or on a monthly basis.
