IDFC FIRST Bank HPCL Power+ credit card review: fees, rewards and eligibility
The IDFC FIRST Bank HPCL Power+ has a recorded annual fee of ₹499 plus GST and a base earn of 2% in Reward Points. CardMasters checked its issuer terms on 2026-08-08. Affiliate commission never changes ranking; confirm final terms and approval with IDFC FIRST Bank.
IDFC FIRST Bank HPCL Power+ : short answer
The IDFC FIRST Bank HPCL Power+ is in the entry tier of IDFC FIRST Bank credit cards, with a joining fee of ₹499, an annual fee of ₹499 plus GST (waived on ₹1,50,000 of eligible annual spend), a base earn of 2% in Reward Points and a 3.5% forex markup. Rewards are not earned on rent, emi, wallet load, non HPCL fuel earns base only. It suits fuel, commuter, utilities spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-08. Confirm final terms with the issuer.
Reward structure
2% base rewards in Reward Points.
- 20 points per ₹100 on HPCL fuel (card + Happy Coins via HP Pay app) — Up to 6.5% total: 30 RP/₹150 on HPCL fuel/LPG capped 2,400 RP/month (₹600 value) + 1.5% HP Pay app Happy Coins capped 600 coins/month
- 20 points per ₹100 on grocery and utility — 5% value-back (30 RP/₹150); category spend caps apply under issuer terms
Eligibility and important limits
The issuer does not publish a card-specific approval cutoff in the current source. Approval remains solely at the issuer’s discretion.
Does not earn: rent, emi, wallet load, non HPCL fuel earns base only.
Frequently asked questions
What is the annual fee for the IDFC FIRST Bank HPCL Power+ ?
The published annual fee in our current record is ₹499 plus applicable GST. It can be waived after ₹1,50,000 of eligible annual spend, subject to issuer terms.
How do rewards work on the IDFC FIRST Bank HPCL Power+ ?
2% base rewards in Reward Points. Accelerated routes include 20 points per ₹100 on HPCL fuel (card + Happy Coins via HP Pay app); 20 points per ₹100 on grocery and utility. Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the IDFC FIRST Bank HPCL Power+ ?
The current issuer-sourced exclusions recorded by CardMasters include rent, emi, wallet load, non HPCL fuel earns base only. Merchant category coding and issuer terms determine final eligibility.
Who should consider the IDFC FIRST Bank HPCL Power+ ?
It is most relevant for people focused on fuel, commuter, utilities. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the IDFC FIRST Bank HPCL Power+ worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹499 plus GST each year. The fee is waived at ₹1,50,000 of eligible annual spend, so check whether you reach that without forcing spend. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the IDFC FIRST Bank HPCL Power+ ?
IDFC FIRST Bank does not publish a card-specific income or credit-score cutoff in the current source. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the IDFC FIRST Bank HPCL Power+ ?
The recorded foreign-currency markup is 3.5% before GST. On ₹1,00,000 of international spend that is about ₹3,500 in markup, so compare it against any rewards earned on overseas transactions.
Does the IDFC FIRST Bank HPCL Power+ offer airport lounge access?
Domestic lounge access: 1 complimentary visit per quarter on minimum monthly spend of ₹20,000. International lounge access: none. Spend conditions and guest charges are set by the issuer and can change.