IDFC First Power Plus Credit Card – A Complete Guide to Features & Benefits

With the IDFC FIRST Power Plus Credit Card, Ravi, an average driver, saved ₹15,000 per annum on fuel. He saved huge fuel costs by getting 6.5% cashback on his fuel purchases at HPCL stations. 

Additionally, with 5% savings on groceries and utility bills, he saved on all his daily spending. Besides these savings, Ravi enjoyed airport lounge access and movie discounts for free, making his daily spending more rewarding.

Ravi’s experience reflects the growing trend in India’s digital payments. In June 2024, India saw a sharp increase in credit, debit, and prepaid cards, reaching 1.451 billion, an 11% rise from last year, according to the Worldline India Digital Payments report.

As more customers like Ravi embrace the many benefits of owning a credit card, the IDFC FIRST Power Plus Credit Card stands out, especially for savings both on fuel purchases and daily items, as well as exclusive benefits—all of these align with increasing smart spending and savings in the country.

What is the IDFC First Power Plus credit card?

The HPCL IDFC FIRST Power Plus Credit Card is an ideal choice for anyone who uses large amounts of fuel and everyday essentials. The credit card comes with an annual fee of ₹499, with the best reward percentage on fuel at a 6.5% value. 

Some cards may provide greater rewards in this category but will require higher fees, so this one does not waste too much of a person's pocket money.

This card will save you money on fuel, and at the same time, it offers extra rewards on other spending such as groceries, utility bill payments, and FASTag recharges. You get more benefits, like free entry into airport lounges, movie tickets at a discounted rate, and roadside assistance services.

It would be a pretty intelligent decision on your part if you are a frequent visitor to the HPCL pumps and desire to cut down on your daily expenditures while saving fuel money. This card gives you good value, especially when saving money when buying essential goods.

Welcome Benefits of IDFC First Power Plus Credit Card

Here are the welcome benefits of the IDFC FIRST Power+ Credit Card in a simple way:

• Cashback for first-time usage at HPCL: ₹500 cashback after spending ₹500 at the HPCL outlet.
• 5% cash back on the very first EMI: The % cash back amount is capped at ₹1,000 on EMI.
• ₹500 discount on Zoomcar rentals: Get a discount of ₹500 on booking Zoomcar rentals.
• Complimentary airport lounge access: Get free domestic airport lounge access once every quarter if you spend ₹20,000 or more monthly.
• Free roadside assistance: Avail free roadside assistance (worth ₹1,399) four times a year.
• 25% off on movie tickets: Save 25% on movie tickets, up to ₹100, once every month.

Benefits of IDFC First Power Plus Credit Card

1. Fuel Surcharge:

IDFC FIRST Bank FIRST Power Plus is a popular fuel card partnered with HPCL. Here's what it gives you:

• ₹500 cashback on your first fuel purchase of ₹500 or more at HPCL.
• 5% cash back (₹1,000 max) on the first transaction while paying EMI.
• You can save 6.5% on fuel purchases, which translates to annual savings of up to ₹18,500, enough to buy 175+ litres of fuel.
• Enjoy 5% savings on groceries, utility bills, and FASTag recharges.
• In addition, the card provides free roadside assistance, personal accident coverage for fuel purchases, and a waiver of fuel surcharge.

How is a fuel surcharge calculated?

A fuel surcharge fee is charged extra for your purchase of fuel. The surcharge waiver provided on your card means you save on this charge. 

For instance, if the waiver was 2.5%, and your fuel purchase was ₹5,000, the surcharge would be ₹125, calculated as ₹5,000 * 0.025. The higher the surcharge waiver, the more money you can save when purchasing fuel with your credit card.

2. IDFC FIRST Power Plus Credit Card Airport Lounge Privileges:

Privileges:

• You get 1 free visit per quarter to select domestic airport lounges in India (only at domestic terminals).

Eligibility:

• You need to spend ₹20,000 or more monthly on the card to be eligible for this.
• Your spending between day 1 and the last day of a month will count towards lounge access for the next month.

How it Works:

• This benefit is offered to the primary cardholder and all add-on cardholders. All share the access.
• To access the lounge, present your FIRST Power+ Credit Card and a confirmed air ticket or boarding pass for travel on the same or the following day.

Authorisation & Charges:

• The lounge will approve your card on their system. They will charge ₹2 to validate your card's validity.

More Information:

• Children below the age of 2 can get in for free, but this is at the discretion of the lounge. Thus, one should check at entry.
• One is allowed entry only once per cardholder. Extra guests or other services may have additional charges.
• Food and drinks could be available at the lounge as agreed with DreamFolks, but some items may not be covered.

Important Information:

• Lounges may also try to keep the environment clean and wonderful but cannot take in anyone for health, safety issues, or airport rules and regulations. Domestic terminal lounges do not include alcoholic beverages.
  
  
• Participation in this lounge benefit is not mandatory, and the cardholder shall accept all conditions of the lounge program.
  
  
• The customers should not smoke in the area and can utilize the lounge for up to 2 hours before departure.

Changes to the Program:

• IDFC FIRST Bank can withdraw or amend the lounge program as it wishes and without warning. The list of lounges that one can access may also be altered.

Contact Information:

• Contact IDFC FIRST Bank at 1800 10 888 or creditcard@idfcfirstbank.com in case of any queries
• You can also contact DreamFolks at 1800 123 4109 or helpdesk@dreamfolks.in.

3. IDFC FIRST Power Plus Credit Card Movie Ticket Discount Offer:

Details on the Offer:

• Get 25% cashback on movie tickets booked using the Paytm Mobile App up to ₹100.
• Avail it once every month.

How to redeem at Paytm:

• Download the ‘Paytm’ app from the Google Play Store or Apple Play Store.
• Install the application on your device.
• Book your movie, cinema, and show time just like before at the Paytm app.
• Go to "View All" offers and select the IDFC FIRST Power+ Credit Card offer or type in the promo code IDFCCCFM.
• Enter your 16-digit credit card number and click Apply Offer.
• You will get an instant discount, and you can pay the remaining amount with the same card. Just enter your card details (name, expiry date, and CVV).

Offer Terms & Conditions:

• Use the promo code IDFCCCFM to get 25% off (up to ₹100) on movie tickets.
• The offer is available on a first-come, first-served basis.
• A minimum of one ticket for the movies
• The number of uses may be made each month, respectively, for every card
• 25% off on a ticket or whatever is less than Rs.100 for a ticket, and any date/show may use that promo code available for a First Power + credit card.
• Paytm and IDFC FIRST Bank reserve the right to withdraw anyone from the offer at any time.
• Paytm and IDFC FIRST Bank can modify or cancel the offer terms at anytime.
• Cardholders will not be able to claim any compensation or benefits if the offer is not available.
• All disputes will have the final word of Paytm and IDFC FIRST Bank.

4. IDFC FIRST Power Plus Credit Card Roadside Assistance:

Offer Details:

• You can avail of free Roadside Assistance (RSA) anywhere in India, 4 times a year, valued at ₹1,399, with your IDFC FIRST Power+ Credit Card through Global Assure.

How to Use:

• Call the toll-free number 18005723860 to request Roadside Assistance.
• When you call, provide your full name and the last 4 digits of your credit card number to Global Assure.
• After authenticating, an ambassador will visit your place in a car.
• Duly produce any government-issued ID, such as an Aadhaar, a car's RC copy, a PUC certificate, or an insurance document, for the agent. Once assured, the RSA service will be activated as long as the name on your credit card matches the name on your ID.
• You can avail this service 4 times a year

Terms:

• Roadside assistance shall be rendered under the terms and conditions provided by Global Assure.
• This service shall be available 4 times within a year without charge.

5. Complimentary Insurance Coverage for IDFC FIRST Power+ Credit Cardholders:

The following insurance coverages are available through Oriental Insurance Company Limited. Howden Insurance Brokers India Pvt Ltd handles claims.

Note: All coverages are valid for active cards, meaning you must have made at least one purchase or ATM withdrawal in the last 30 days to be eligible for these benefits.

6. Zero Card Liability Cover (Lost Card Liability, Counterfeit/Skimming/Phishing, and Online Fraud Protection):

Lost Card Liability:

• You will be covered if your card is lost or stolen and somebody fraudulently uses it in a store or at a merchant.
  
  
• PIN-based transactions such as ATM withdrawals or purchases are not covered unless the PIN was obtained by an unauthorised person under duress (threat or force).
  
  
• If you lost your card in an ATM and some individual used it without your consent, you are protected if the person uses your card number with the CVV (Card Verification Value).

Counterfeit/Skimming:

• You are protected if your card is forged or skimmed, wherein some person makes a copy of it and uses it to make unauthorised transactions at ATMs, stores, or online.
  
• PIN-based transactions are covered if the PIN was stolen under duress
• Losses resulting from counterfeit cards manufactured without your knowledge by the bank
• Counterfeit cards are fake cards prepared in the form of your original card and usually tampered with without the bank's authorisation.

Online Fraud Protection/Phishing:

• This covers fraudulent online transactions of your card information, including the CVV or PIN, when you fall victim to phishing scams; that is, fraudulent activities that steal your personal information through the disguise of a legitimate organisation.
• It covers fraud whereby your credit card information is used without your permission to buy items online.

7. Insurance Benefits for IDFC FIRST Power Plus Credit Card holders:

Personal Accident (PA) Insurance:

• If dying accidentally or being permanently disabled is a result of natural consequences of following causes such as road accidents, etc
• As far as you are carrying out a minimum of one ATM transaction in the last 30 days
• Claim once in a lifetime per cardholder, irrespective of whether it is no. Of Cards in Name.
• Terrorist accidents have been included under PA insurance.
• Death due to hazardous sports, suicide, self-inflicted injury, or death caused by intoxication or drug abuse.

Personal Air Accident Insurance:

• If you pay for your air ticket using your IDFC FIRST Credit Card, you die due to an air accident.
• You have at least 1 transaction or ATM withdrawal in the last 30 days.
• Benefit payable only once per card, irrespective of how many cards you may hold.
• Claims must be submitted to the insurance company within 60 days of the accident.
• Exclusions: Airmen, military, and air crew members

Credit Shield Insurance:

• This insurance will settle the accumulated balance on your credit cards in case of death through an accident.
• At least 1 purchase or ATM withdrawal should be made in the last 30 days

Purchase Protection:

• Covers fire damages and burglary at your home for up to 60 days from the date of purchase.
• This cover is only available on purchases made through your IDFC FIRST Credit Card, such as those purchased for your Indian residential address.
• You must have made at least 1 purchase or ATM withdrawal in the last 30 days.

8. IDFC FIRST Power+ Credit Cardholders Travel Insurance Benefits:

IDFC FIRST Power Plus Credit Card Fees and Charges:

Eligibility criteria:

• You should be 21 years or older.
• You must be a citizen of India.
• Your income must be stable, i.e., above ₹3 lakh per year.
• You should have a good credit score.
• You should not hold any existing credit cards issued by IDFC FIRST Bank.

Required Documents:

• Identity proof: Passport, Aadhaar card, voter ID, or driving license.
• Proof of address: Passport, Aaadhar card, voter identity, driving license, utility bill
• Salary Slips: Latest salary slips or income tax return (ITR) as proof of income
• Photograph: A recent passport-sized photograph

How to Apply for the IDFC FIRST Power Plus Credit Card Offline?

1. Visit your nearest IDFC Bank branch.
2. Request a credit card application form.
3. Select the IDFC First Power Plus Credit Card.
4. Fill in your personal and income details in the form carefully.
5. Attach a photo and sign the form.
6. Check the form for accuracy and submit it along with the required documents.

How to Apply for the IDFC FIRST Power Plus Credit Card online?

1. Visit the official website of IDFC Bank.
2. Click on the ‘First Power Plus’ option.
3. Click on the ‘Apply Now’ option.
4. Enter your name, DOB, and mobile number, and click ‘Get OTP.’
5. Enter the OTP received on your registered mobile number, accept the terms and conditions, and click ‘Proceed.’
6. Enter your PAN Card number, Gender, current residential address, and pincode, and click on ‘Proceed.’
7. Enter your employment details (occupation, company name, net monthly income), then click ‘Continue.’
8. Click on the ‘Check Best Offers’ option.
9. On the next page, E-Verify your income.
10. Click on the ‘Get Your Card’ option.
11. Complete your KYC by clicking on ‘Aadhar-based E-KYC.’
12. Enter your Aadhar card number and click on ‘Get OTP.’
13. Enter the OTP received on your registered mobile number and click on ‘Verify e-KYC.’
14. On the next page, your application reference number will be generated.
15. Scroll down a bit and click on ‘Start Video KYC Now.’
16. This is how you can apply for an IDFC Power Plus Credit Card.

Note: Make sure that at the time of Video KYC, you have black paper, a pen, and your original PAN card with you.

• During the KYC video, an employee from HDFC Bank will appear on your screen and ask you to show him the original PAN card.
• Then he’ll ask you to sit straight and capture a photo of you.
• After that, he’ll tell you to put your signature on a blank piece of paper before him.
• After these steps, your video KYC will be completed.
• The card will be delivered to your address within a week.

Who Should Apply for the IDFC FIRST Power Plus Credit Card?

The IDFC FIRST Power Plus Credit Card suits the needs of heavy spenders on fuel, groceries, and utility bills. The rewards points can be easily redeemed for reductions in fuel rates, making the card perfect for those who buy a lot of fuel and want save on any day-to-day expense such as shopping and paying bills.

Customer Care Details:

• You can contact IDFC FIRST Bank's customer care for the IDFC FIRST Power+ credit card at 1800 10 888. The number is toll-free and available 24/7.
• WhatsApp: Text Message to 9555 555 555
• Email: Send an email to banker@idfcfirstbank.com
• Mobile application: IDFC FIRST Bank Mobile Banking Application.

Conclusion

It will be of great interest for any person making big-ticket expenses on fuel, groceries, and utilities. The IDFC FIRST Power Plus Credit Card offers 6.5% cash back on fuel, 5% savings on every-day spends, free lounge access, movie discounts, roadside assistance, along with several other offers as well. This card is very well suited for a smart spending lifestyle when you're buying fuel regularly or just want to save on day-to-day expenses, along with affordable fees and solid insurance coverage to reward you and keep you secure. Apply now and start saving!

FAQs related to IDFC FIRST Power Plus Credit Card

Q1: How much do the reward points on the IDFC First Power Plus Credit Card work out to?

The reward rate is 3 Reward Points for every ₹150 spent. Each Reward Point is valued at ₹0.25. There is no upper limit on how many reward points you can claim.

Q2: How can you avoid the fuel surcharge on your credit card?

To avoid a fuel surcharge on your credit card, you have to satisfy some conditions, such as spending a minimum amount on fuel each month or using your card at specific gas stations. In addition, the waiver could be limited only to an amount per transaction or monthly.

Q3: Can I withdraw cash from my credit card?

You can use your credit card at any ATM, but to save on additional fees, you are better off withdrawing cash at an ATM affiliated with your credit card's issuing bank. Just remember that some may have a daily withdrawal limit.

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