In-depth review
IDFC FIRST Power Credit Card
A serviceable, very cheap fuel-and-bills card for IDFC account holders who fill up at HPCL — 21X points (~3.5%) on HPCL fuel from the card itself (30X, ~5%, on the Power+ variant), with HPCL's separate HP Pay app benefits on top, plus grocery/utility/FASTag rewards, roadside assistance and accident cover, all for a ₹199–₹499 fee. It won't out-earn dedicated rivals (the SBI Octane roughly doubles it on fuel), so its case is low cost plus HP loyalty plus an existing IDFC relationship. Get the network right first: it's HPCL, not BPCL.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹2,250 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
14 points/₹100 on Fuel (~3.5% value)
21X (~3.5%) on HPCL fuel, capped at 700 RP (₹175) a statement cycle; non-HPCL fuel earns nothing. HPCL's HP Pay app pays a separate ~1.5% in Happy Coins (600 coins/month on ₹10,000) — HPCL's currency, not modelled here
2.5% on Utility Bills
15X (~2.5%) on grocery, utility bills and FASTag recharges; the ₹1,000/cycle cap is an unverified issuer cap — bounds the row pending the Product Usage Guide
Zero Forex Markup
Use abroad without extra charge — swipe internationally like you do domestically.
Annual Fee Waiver
Fee of ₹199 + 18% GST (₹235 all-in)/yr fully waived when you spend ₹50,000/year
24x7 Concierge
Complimentary roadside assistance programme worth ₹1,399
UPI Linked
Pay UPI QR codes from your credit line. What UPI payments earn can depend on the app you pay through, so check the rewards details.
Insurance Cover
Personal accident cover of ₹2,00,000 and lost-card liability cover of ₹25,000
⛽ FUEL BENEFITS
Fuel rewards and surcharge waiver details.
Up to 4%
Fuel reward rate
PARTNER FUEL STATIONS
- Up to 4% effective return on fuel purchases
👑 PREMIUM LIFESTYLE BENEFITS
Concierge, golf, hotel membership and high-value perks for premium cardholders.
- 24x7 lifestyle and travel concierge
- Travel insurance and accident cover
For IDFC FIRST account holders who fill up at HPCL pumps and want a very low-cost fuel-and-utility card. Heavy fuel spenders who want maximum return should compare dedicated fuel cards.
Full reward structure
What you earn on every rupee, per spend category — as of 26 Sept 2026. Rates assume 1 pt = ₹0.25. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Fuel | reward points | 3.5%14 pts/₹100 × ₹0.25 | ₹175 |
| Utility Bills | reward points | 2.5%10 pts/₹100 × ₹0.25 | ₹1,000 |
| Other | reward points | 0.33%1.33 pts/₹100 × ₹0.25 | — |
Fuel: 21X (~3.5%) on HPCL fuel, capped at 700 RP (₹175) a statement cycle; non-HPCL fuel earns nothing. HPCL's HP Pay app pays a separate ~1.5% in Happy Coins (600 coins/month on ₹10,000) — HPCL's currency, not modelled here · Hindustan Petroleum (HPCL)
Utility Bills: 15X (~2.5%) on grocery, utility bills and FASTag recharges; the ₹1,000/cycle cap is an unverified issuer cap — bounds the row pending the Product Usage Guide
Other: 2X (~0.33%) on UPI and all other retail spends
Earns nothing on: Insurance · EMI Conversions · Cash Advances
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 26 Sept 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹235 |
| Joining fee (incl. 18% GST) | ₹235 |
| Forex markup | 0% |
| Reward redemption fee | ₹99 |
Perks & benefits
Estimated annual value beyond rewards — ~₹2,199/yr in total.
Complimentary roadside assistance programme worth ₹1,399
Personal accident cover of ₹2,00,000 and lost-card liability cover of ₹25,000
Should you get it?
- Best for: IDFC FIRST account holder who fuels at HPCL, Low-fee entry card for IDFC customers wanting fuel rewards, UPI digital payment user in the IDFC ecosystem, Fuel card in a multi-card wallet for HPCL users
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on Utility Bills (2.5% back; 3.5% only at Hindustan Petroleum (HPCL)).
Pros & cons
✓ Pros
- Earns 21X (~3.5%) reward points on HPCL fuel purchases
- Very low ₹199 annual fee (waived at ₹50K spend)
- Welcome benefits worth ₹2,250 — ₹250 HPCL voucher, 5% first-EMI cashback up to ₹1,000, merchant offers
- Accelerated travel points on IDFC FIRST app bookings (26.67% hotels / 13.33% flights — portal rates, kept out of our scoring baseline)
- RuPay UPI-linked for everyday digital payments
- Good companion card for IDFC FIRST account holders who also fuel at HPCL
✕ Cons
- Rival fuel co-brands like the BPCL Octane (SBI) earn more at their own pumps — ~7.25% vs this card's ~3.5% at HPCL
- Not a dedicated fuel card — best treated as a bank relationship card with fuel bonus
- Reward earn outside HPCL fuel is ordinary — 2X (~0.33%) on other spends
- Only useful if you specifically bank with IDFC and fuel at HPCL
- ₹99 + GST is charged on EVERY redemption — IDFC's standard fee, which only FIRST Private, Club Vistara and IndiGo are exempt from — so redeem in blocks rather than monthly
Eligibility & documents
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Redeem reward points against fuel and on the IDFC FIRST rewards catalogue (₹99 + GST redemption fee)
- 🎁Statement credit on eligible spends
What your IDFC Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Never-expiring points
Brand & e-gift vouchers
The card's own fuel rate is 3.5%, capped at 700 points (₹175) a cycle — dedicated fuel cards earn more — and the ~5% headline leans on HPCL's separate HP Pay app. Non-HPCL fuel earns nothing, and spends outside the bonus categories earn just 2X (~0.33%).
Frequently asked questions
What does this card save on fuel?
Does it give lounge access?
Is there an annual fee?
How has the IDFC FIRST Power Credit Card changed over time?
Has the IDFC FIRST Power Credit Card been devalued recently?
When did the IDFC FIRST Power Credit Card's fees last change?
How did the IDFC FIRST Power Credit Card change in 2026?
The bottom line
A serviceable fuel-and-bills starter for IDFC account holders on the HPCL side of the street. It does its narrow job cheaply; dedicated fuel cards earn more, so the Power wins mainly on its low fee and existing-relationship convenience. Just note it is HPCL co-branded, not BPCL.
How this page was built
Counted from this card’s own record: 3 earn rules, 2 of them capped, 1 paid only at named merchants, the spends listed as earning nothing and 2 recorded perks. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 26 Sept 2026.
Sources & verification
Fees, reward rates, and benefits for the IDFC FIRST Power Credit Card are taken from IDFC FIRST Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 26 Sept 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for IDFC FIRST Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
IDFC FIRST Power Credit Card
A serviceable, very cheap fuel-and-bills card for IDFC account holders who fill up at HPCL — 21X points (~3.5%) on HPCL fuel from the card itself (30X, ~5%, on the Power+ variant), with HPCL's separate HP Pay app benefits on top, plus grocery/utility/FASTag rewards, roadside assistance and accident cover, all for a ₹199–₹499 fee. It won't out-earn dedicated rivals (the SBI Octane roughly doubles it on fuel), so its case is low cost plus HP loyalty plus an existing IDFC relationship. Get the network right first: it's HPCL, not BPCL.
IDFC FIRST HPCL Power+ Credit Card
A focused HPCL fuel card earning 30X points (~5%) on HPCL fuel — with HPCL's separate HP Pay app benefits on top — and a RuPay/UPI dimension that makes it more useful day-to-day than most fuel co-brands, for a ₹499 fee that waives at ₹1.5 lakh. Fuel rewards cap at 2,400 points (₹600) a cycle, and the HP Pay extras need the app. If you fill up at HP regularly, you can stop comparing and apply.
IndianOil Axis Bank Credit Card
Does the standard IOCL fuel-card job — 4% on petrol at India's largest pump network — but with a twist: you earn flexible EDGE points, not fuel-locked ones, so the rewards can feed Axis's wider ecosystem. Useful if you already bank with Axis. On raw fuel value, HDFC's IndianOil card earns more on the same pumps, so pick by which matters to you.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2023 · last change Sept 2026
2026
- ▲ FeeEffective 15 Sept 2026
Forex markup removed
1% to 3.5%, depending on the card→0% (nil)
IDFC FIRST Bank stopped charging a markup on foreign-currency spends. Its Key Fact Statement dated 15 September 2026 lists the markup on foreign-currency and currency-conversion transactions as nil, with no card-by-card exception, where the January 2026 edition charged 3.5% on most cards and less on a few (1.99% on the FIRST Select, 1.5% on the FIRST Wealth, 1.49% on the IndiGo card and 1% on the Ashva). IDFC did not publish an effective date: its product pages still showed the old rates on 25 August 2026 and zero forex by 21 September, so the change is dated here to the Key Fact Statement itself.
Verification: IDFC FIRST Bank ↗ · Confidence: Reconstructed
- ▲ RewardEffective 18 Jan 2026
Bonus reward points on travel booked in the IDFC FIRST app
No app-booking bonus→50X bonus on hotels, 30X bonus on flights
IDFC added accelerated earning on travel booked through the IDFC FIRST Bank mobile app — 50X bonus reward points on hotels and 30X on flights, the same uplift given to the pricier Power+. A rare positive, though it only pays inside the bank's own booking channel.
Verification: IDFC FIRST Bank ↗ · Confidence: Reconstructed
- ▼ FeeObserved 18 Dec 2025 · Effective 18 Jan 2026
Fair-usage fees on heavy FASTag and railway spends
No FASTag or railway spend fee→1% fee above ₹10,000 FASTag or ₹25,000 railway per cycle
FASTag recharges (MCC 4784) above ₹10,000 in a billing cycle now attract a 1% fee on the whole cycle's FASTag amount, and railway spends (MCC 4111, 4112) above ₹25,000 do the same. FASTag is one of this card's accelerated categories, so the heaviest users of a headline benefit are the ones now charged for it.
Verification: IDFC FIRST Bank ↗ · Confidence: High
- ▼ RewardObserved 18 Dec 2025 · Effective 18 Jan 2026
Whole cycle's reward points forfeited if minimum due is missed
Points accrued regardless of payment behaviour→No points for any cycle where the minimum amount due is unpaid by the due date
From 18 January 2026, failing to pay at least the Minimum Amount Due by the payment due date voids reward points for that entire billing cycle, and any points already posted for it are reversed. On an entry-level card sold on affordability, one missed minimum payment now costs a full cycle of earning on top of the interest and late fee.
Verification: IDFC FIRST Bank ↗ · Confidence: High
2024
- ▲ RewardObserved 1 Apr 2024 · Effective 1 May 2024
Fuel earning raised from 15X to 21X
15X, up to 500 RP (₹125) per statement cycle→21X, up to 700 RP (₹175) per statement cycle
Accelerated HPCL fuel earning rose from 15X to 21X and the per-cycle ceiling from 500 to 700 reward points (₹125 → ₹175). A genuine increase, but a modest one in absolute terms — and it arrived in the same notice that removed the fuel-surcharge waiver, which IDFC said was folded into this category. Note the sibling Power+ was lifted further, to 30X / 2,400 RP.
Verification: IDFC FIRST Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/idfc-power#value-timeline">IDFC FIRST Power Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).
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