Reward Points and Happy Coins can be combined to maximise fuel savings of up to 6.5% at HPCL pumps only when paid with the HP Pay app.

Enjoy a simple and easily reversible fee structure, along with high rewards on regular expenses such as groceries (5%) and UPI transactions (0.5%).

The card is an excellent choice for saving on everyday expenses due to its outstanding value on regular purchases.

The IDFC FIRST Power+ Credit Card is a co-branded fuel card that offers faster rewards on HPCL purchases.

Example:

Dev appreciates its utility, as it allows him to achieve considerable savings on fuel expenditures.

Dev's Savings Breakdown on HPCL Fuel

Here is a breakdown of Dev's potential savings on HPCL fuel:

Benefit	Reward Points (5%)	Happy Coins (1.5%)
Applicable On	HPCL Fuel spends	Fueling via HP Pay App
Reward Structure	30X = 30 RP/₹150 (1 RP = ₹0.25)	6 Coins/₹100 (1 Coin = ₹0.25)
Max. Capping	₹12,000/cycle (2,400 RP)	₹10,000/month (600 Coins)
Savings Currency	Credited to the card statement	Credited in HP Pay App

Dev recognises the significant utility of this approach, as it enables him to realise substantial savings on fuel costs.

In this blog, we'll delve into the IDFC Power Plus Credit Card's benefits, fees, and eligibility, and explore additional features that make it even more exciting.

Features and Benefits of the IDFC First Power Plus Credit Card

The IDFC FIRST Power+ Credit Card offers a range of features designed to help you save on everyday expenses. The cardholder, Devam, effectively utilises these benefits to adopt a more prudent approach to financial management.

Example:

The IDFC FIRST Power+ Credit Card is equipped with a range of features aimed at optimising savings on everyday expenses. The cardholder, Devam, effectively leverages these benefits to adopt a more cautious approach to financial management.

Table:

Here is a detailed breakdown of the card's reward structure:

Spending Category	Key Conditions & Exclusions	Reward Rate & Capping
HPCL Fuel	At authorised stations using the HP Pay app (QR or Wallet). Excludes UPI.	6.5% savings (5% RP + 1.5% Happy Coins). Capped at ₹12,000 (RP) & ₹10,000 (Coins) per cycle.
Grocery & Utility	Identified by Merchant Category Code (MCC). Excludes non-grocery merchants.	5% savings (30 RP/₹150). Capped at ₹2,000 spends per statement cycle.
FASTag Recharge	Only via IDFC Mobile Banking or FIRST Forward App.	5% savings (30 RP/₹150). Capped at ₹1,000 recharge per cycle.
Other Retail/UPI	Excludes fuel, insurance, EMI, ATM, grocery, utility, and FASTag.	0.5% savings (3 RP/₹150). No capping on reward points.

This table highlights where Devam earns his rewards. For the best fuel savings, always check MCCs and utilise the HP Pay app!

Now, let's dive into the charges associated with the IDFC Power Plus Credit Card.

Bonus Tip: To maximise savings on your HPCL fuel purchases, we recommend utilising the HP Pay App. This application not only streamlines the process by allowing you to bypass the fuel station MID, but it also offers an additional benefit of earning 1.5% back in Happy Coins. We wish you a happy and efficient fueling experience!

Charges for the IDFC First Power Plus Credit Card

Understanding the fees associated with a credit card is essential for prudent use. With transparent and affordable costs, the IDFC FIRST Power+ Credit Card ensures that the advantages greatly outweigh the disadvantages.

Example:

Nitin shared with his friend Pragati, "I really love every transaction! The savings are impressive, and the low fees make it even more attractive. Plus, the clear fee structure is a big bonus!"

Table:

The following table outlines the key charges Nitin told Pragati:

Fee Type	Charge Details
Joining/Annual Fee	₹499 + GST. Reversed if annual spends cross ₹1,50,000.
Interest Rate (APR)	8.5% to 46.2% per annum (0.71% to 3.85% per month).
Late Payment Fee	15% of Total Amount Due (Min. ₹100, Max. ₹1300).
Over-Limit Fee	2.5% of the amount (Min. ₹550).
ATM Cash Withdrawal	₹199 per transaction (45-day interest-free period).

This table illustrates the budget-friendly nature of this card, which features minimal and often reversible fees.

Its straightforward fee structure really makes it a wise financial choice. Now, let’s compare the other IDFC Credit Card!

Bonus Tip: Utilise your Credit Card Reward Points to make immediate payments for online purchases as well as at select retail locations for offline transactions. Additionally, you have the option to obtain gift cards or memberships to your preferred brands. For the latest updates, please visit our Credit Card Reward Redemption Catalogue page.

Analysis of Various Card Options for Comparison.

When selecting the most suitable credit card, it is crucial to compare the key fees and features carefully. A comprehensive overview of the various IDFC FIRST Bank credit card options is presented in the following table.

Table:

A comparative overview of various IDFC FIRST Bank credit cards:

Card Variant	Joining Fee (₹)	Annual Fee (₹)	Add-on Card Fee (₹)	Over-Limit Charges	Card Replacement Fee (₹)	Markup Charges on Foreign Currency Transactions	Fuel Surcharge Waiver (Per Statement Cycle)
FIRST Millennia Credit Card	Nil	Nil	Nil	2.5% of over-limit amount (Min ₹550)	₹100	3.50%	₹200
FIRST Classic Credit Card	Nil	Nil	Nil	2.5% of over-limit amount (Min ₹550)	₹100	3.50%	₹200
FIRST Wealth Credit Card	Nil	Nil	Nil	2.5% of over-limit amount (Min ₹550)	₹100	1.50%	₹400
Employee Credit Card	Nil	Nil	Nil	2.5% of over-limit amount (Min ₹550)	₹100	1.99%	₹300
FIRST WOW! Credit Card	Nil	Nil	Nil	Nil	₹100	Nil	₹200
LIC Classic Credit Card	Nil	Nil	Nil	2.5% of over-limit amount (Min ₹550)	₹100	3.50%	₹200
FIRST Digital RuPay Credit Card	₹199	₹199	NIL	As per the Primary Credit Card	NIL	As per the Primary Credit Card	As per the Primary Credit Card

This comparison showcases what makes each card special!

Who Should Get the IDFC Power Plus Credit Card?

The IDFC Power Plus Credit Card is ideal for high spenders seeking premium benefits at a reasonable fee.

Frequent travellers who value airport lounge access.
Big ticket shoppers seeking high reward points on spends.
Those who prefer fee waivers based on spending, not payments.
Customers are already banking with IDFC for easier eligibility.

If you spend especially on travel, dining, and retail, this card offers luxury perks without a fixed annual fee. It’s a smart pick for maximising rewards if your spending pattern matches its benefits.

Conclusion

One particularly effective financial tool for fuel and daily expenses is the IDFC FIRST Power+ Credit Card. We've seen how its transparent charges and rewarding structure provide real savings and an exceptional experience through the cases of Dev, Devam, and Nitin.

The Power+ card is in a unique position for individuals seeking to maximise the benefits of regular purchases, even though other IDFC cards also offer advantages. It is a wise option for the quick spender since it effectively transforms ordinary transactions into profitable opportunities.

FAQS

My card is issued as a Visa, but can I get it in the Mastercard World variant?

No, the variant (Visa or Mastercard) is assigned by the bank based on your profile and internal criteria. Customers cannot choose or request a specific network.

What exactly defines a "big purchase" for the accelerated reward points?

The bank's terms typically define it as a single transaction exceeding a certain threshold (e.g., ₹5,000 or ₹10,000). It's best to check your latest welcome kit for the exact amount.

Are reward points earned on rent payments and wallet reloads?

Typically, no. Most credit cards, including this one, exclude transactions such as rent, wallet reloads (e.g., Paytm), fuel, and EMI conversions from earning reward points. These often incur additional charges, too.

What is the procedure for redeeming Reward Points?

Reward Points can be redeemed for statement credits, online purchases, gift vouchers from popular brands, and air miles. Redemption management can be conducted through the IDFC FIRST Bank application or website.

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