By continuing, you agree to LoansJagat's Credit Report Terms of Use, Terms and Conditions, Privacy Policy, and authorize contact via Call, SMS, Email, or WhatsApp
Disclaimer: The information published on LoansJagat is intended for general informational and educational purposes only and should not be considered financial, legal, or investment advice. Interest rates, loan terms, statistics, and other data may change over time and may vary by lender or source. Please verify the latest information and consult a qualified financial advisor or the respective Bank/NBFC before making any financial decisions.
Subscribe Now
About the author
LoansJagat Team
Contributor‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.
Related Blog Post
Simplify All Your Loans Into One Affordable EMI
Customers Served
Debt Consolidated
1200+ Reviews
Locations in India
Club all Loans & Credit Card Bills into Single EMI
Quick Apply Loan
Consolidate your debts into one easy EMI.
Takes less than 2 minutes. No paperwork.
10 Lakhs+
Trusted Customers
2000 Cr+
Loans Disbursed
4.7/5
Google Reviews
20+
Banks & NBFCs Offers
Other services mentioned in this article
Ramesh is a frequent traveller who spends ₹8,000 a month on fuel and ₹5,000 on groceries. He is saving every rupee with the IDFC HPCL Power+ Credit Card. For instance, he saves ₹520 on fuel, earns ₹250 in grocery rewards, and gets exclusive offers and lifestyle benefits on his everyday spending.
So, it's a smart choice for anyone wanting to save on everything while shopping and fuelling up.
IDFC First Bank is another institution committed to making life easier, and it has collaborated with HPCL to ease the fuel payments of millions of motorists. With almost five million FASTags issued so far, the bank will help drivers save precious time and avoid the hassle of long queues at toll plazas.
Motorists make about two million transactions daily, which shows how small changes can significantly improve daily commutes.
Like Ramesh, anyone with an IDFC HPCL Power Credit Card can enjoy fuel savings, reward points on everyday transactions, and cashback on their first fuel and EMI transactions. The bank's digital-first approach helps customers manage payments during transactions, making daily life easier.
Read More – IDFC First Power Plus Credit Card
It's a joint offering from IDFC FIRST Bank and HPCL under the IDFC FIRST HPCL Power and Power+ brand, which provides perks such as discounted fuel, rewards points, etc. These credit cards are designed to offer you savings for fuel purchases with rewards for general spending.
Perfect card for saving money on fuel and everyday spending- You save 6.5% at HPCL stations and on groceries and utilities, 5%. Add to this a ₹500 cashback on the first fuel transaction made within 30 days from activation. Some spending categories include limits such as HPCL Fuel, Grocery, and Utilities—the perfect card for the HPCL enthusiast and a sound introductory card.
The HPCL IDFC FIRST Power Plus Credit Card is an excellent choice for people who spend a lot on fuel and daily essentials. It has an annual fee of ₹499 and gives a 6.5% reward on fuel purchases. While other cards may offer higher rewards, they usually come with higher costs, making this card more affordable.
In addition to fuel savings, it also provides rewards on groceries, utility bills, and FASTag recharges. Extra benefits through it are free access to airport lounges, discounted movie tickets, and roadside assistance.
Note: No coupon codes are needed; this offer is over and above any other merchant offers.
1. Charges and Fees
Feature | IDFC HPCL Power Credit Card | IDFC HPCL Power+ Credit Card |
Joining Fee | ₹199 + GST | ₹499 + GST |
2. Fee and Waiver
Here's the information about the fee and waiver in a table
Feature | IDFC HPCL Power Credit Card | IDFC HPCL Power+ Credit Card |
Annual Fee | ₹199 + GST | ₹499 + GST |
Here’s information about IDFC First HPCL Power/Power+ Credit Card Rewards in the table
Feature | IDFC First HPCL Power Credit Card | IDFC First HPCL Power+ Credit Card |
Reward Rate on Fuel | 21X reward points on fuel purchases at HPCL outlets | 30X reward points on fuel purchases at HPCL outlets. |
4. Rewards on Fuel Spends
Here’s the information about rewards for fuel spending in a table
Feature | IDFC HPCL Power Credit Card | IDFC HPCL Power+ Credit Card |
Rewards on Fuel Purchases | Up to 5% rewards on fuel purchases at HPCL | Up to 6.5% rewards on fuel purchases at HPCL |
5. Real Benefits of Fuel Spends
Here's a table of the real benefits of fuel spending of the IDFC HPCL Power and IDFC HPCL Power+ Credit Cards
Feature | IDFC HPCL Power Credit Card | IDFC HPCL Power+ Credit Card |
Fuel Savings
None
Up to 6.5% value back on fuel spends
HP Pay App Savings
None
1.5% savings on fuel spends made via the HP Pay App
HPCL Fuel and LPG Savings
₹199 + GST |
₹499 + GST |
Card Network | Rupay | Rupay |
Card Type | Fuel | Fuel |
Rewards Return | 0.33% to 5.0% on eligible spends | 0.5% to 6.5% on eligible spends |
Waived if you spent ₹50,000 or more in the previous year |
Waived if you spend ₹1.5 lakh or more in the previous year |
Fuel Value Back | 5% on HPCL fuel | 6.5% on HPCL fuel |
Utilities & Groceries Value Back | 2.5% on utilities and groceries | 5% on utilities and groceries |
Fuel Surcharge Waiver | Yes | Yes |
Additional Benefits | None | Complimentary Roadside Assistance (RSA), Domestic lounge access |
Additional Benefits
None |
Complimentary airport lounge access, movie benefits, and roadside assistance. |
Accelerated Rewards | None | Higher rewards on groceries, utility bill payments, and FASTag recharges. |
Other Rewards
None |
Rewards on groceries and utility bills |
*T&C Apply
None
Up to 4% savings on HPCL fuel and LPG expenses |
Fuel Surcharge Waiver
None
Fuel surcharge waiver on fuel expenses up to ₹10,000 per month
Reward Points on HPCL Fuel
3 reward points per ₹150 spent
30 reward points per ₹150 spent
Savings on Groceries and Utilities
None
5% savings on groceries and utility bill payments
Savings on FASTag Recharge
None
30 reward points per ₹150 spent on IDFC FIRST FASTag recharge
6. Rewards on Miscellaneous Spends
Here's a simple table about the rewards for miscellaneous spending of the IDFC HPCL Power and IDFC HPCL Power+ credit cards
Feature | IDFC HPCL Power Credit Card | IDFC HPCL Power+ Credit Card |
Rewards on Miscellaneous Spends | Up to 2.5% value back | Up to 5.0% value back |
Reward Points on Other Spends | 2X rewards on eligible purchases | 3X rewards on eligible purchases |
Additional Benefits | None | Lifestyle privileges like airport lounge access and movie discounts |
Other Benefits | None | Complimentary roadside assistance and insurance coverage (also on Power) |
Reward Points Validity | Lifetime validity | Lifetime validity |
7. Max Spend Analysis
Here’s a table for the maximum spend caps of the IDFC HPCL Power and IDFC HPCL Power+ credit cards:
Feature | IDFC HPCL Power Credit Card | IDFC HPCL Power+ Credit Card |
HPCL Fuel | No specific cap mentioned | ₹12,000 per statement cycle |
HP Pay | No specific cap mentioned | ₹10,000 per statement cycle |
Groceries and Utilities | No specific cap mentioned | ₹2,000 per statement cycle |
IDFC FIRST FASTag Recharge | No specific cap mentioned | ₹1,000 per statement cycle |
7. Complimentary Insurance Coverage
Here’s a table about Complimentary Insurance Coverage of IDFC HPCL Power and IDFC HPCL Power+ credit cards
Feature | IDFC HPCL Power Credit Card | IDFC HPCL Power+ Credit Card |
Lost Card Liability Cover | ₹25,000 cover for lost card liability | No such benefit |
Fuel Savings | Offers savings on fuel purchases | Up to 6.50% savings on fuel expenses |
Additional Fuel Savings | None | 4.00% savings on HPCL fuel and LPG expenses (up to ₹10,000/month) |
Rewards on Other Retail Purchases | 2X rewards on other retail purchases | 3X rewards on other retail purchases |
Cashback on First Fuel Transaction | ₹250 cashback on the first HPCL fuel transaction of ₹250 or more | No such benefit |
8. Eligibility Criteria
Here’s the information about the eligibility criteria for both the IDFC HPCL Power and IDFC HPCL Power+ credit cards
Eligibility Criteria | Requirements |
Citizenship | Must be an Indian citizen |
Age | Must be at least 21 years old |
Annual Income | Must have a yearly income of at least ₹3 lakh |
Credit Score | Must have a good credit score |
Credit Usage Ratio | Must have an acceptable credit usage ratio |
9. Required Documents
Here’s the simplified version of the documents required for applying for the IDFC First Power and IDFC HPCL Power+ credit cards
Document Type | Required Documents |
ID Proof | Voter ID, Aadhaar, Passport, Driver's License, OCI Card, PIO Card, NREGA Job Card |
Address Proof | Aadhaar, Passport, Voter ID, Utility Bills, Property Registration Documents, Bank Statement |
Income Proof | Salary Slips or ITR, Latest Form 16, Last 3 Months Bank Statement |
Note: Make sure that at the time of Video KYC, you have black paper, a pen, and your original PAN card with you.
The IDFC HPCL Power and Power+ Credit Cards are ideal for those seeking to save on fuel, groceries, and utilities while earning rewards on everyday purchases. Benefits include cashback on fuel, exclusive offers, and discounts on lifestyle services that make everyday spending more rewarding.
No matter what type of consumer you are, be it a frequent shopper at HPCL outlets, a regular customer, or an IDFC FIRST FASTag user, cards promise outstanding value at the lowest fees and benefits. Apply now to begin saving and living a smoother, rewarding lifestyle!
Q1: What is the use of a fuel credit card?
Fuel credit cards are generally offered in collaboration with significant fuel companies like Indian Oil, BPCL, and HPCL. The purpose of such cards is to help users save money on fuel purchases. Such cards provide discounts, cashback, and reward points for users who have fuel-related expenses.
Q2: How much are the IDFC First Power Credit Card reward points worth?
On the IDFC First Power Credit Card, you earn 3 reward points for every ₹150 spent. Each reward point is valued at ₹0.25, and there is no cap on the reward points you can earn.
Q3: Do IDFC reward points have an expiry date?
No, IDFC reward points do not expire. They come with lifetime validity, so you can use them whenever you like without worrying about an expiry date.
Q4: Are fuel surcharges refundable?
Fuel surcharges are usually non-refundable since they are applied to fuel prices and transaction processing costs. However, if your credit card has a fuel surcharge waiver, you can get the amount of the surcharge refunded.
Q5: Is it better to use a fuel card or a credit card?
Getting a discount from a fuel card is better than a credit card. Fuel cards, at times, can cut prices lower than cash in certain places. While some credit cards give you cashback or rewards points for gasoline, the overall discounts on fuel cards are higher.
