IDFC FIRST Bank FIRST Power+ Credit Card (HPCL)

IDFC FIRST Bank · Open to apply

A fuel co-brand with HPCL. It pays 5% in points on HPCL fuel (up to ₹12,000 a statement cycle) plus 1.5% in HP Pay Happy Coins, 5% on a small slice of grocery, utility and FASTag spend, and 3X (0.5%) on everything else including UPI.

Annual fee
₹499 + GST a year
Joining fee
₹499 + GST
Fee waiver
Annual fee waived on ₹1,50,000 spend per card year
Base rate
Other retail spends, 3X: 3 IDFC FIRST Bank reward points per ₹150 (about 0.5% at cash value)
Lounges
Domestic: 1 visit a calendar quarter after ₹20,000 spend
Forex markup
0%
Data
From bank documents, checked 24 Oct 2026

Main earn rates

  • Hotels booked in the IDFC FIRST app, 26.67% bonus points (40 points per ₹150): 40 IDFC FIRST Bank reward points per ₹150 on top of the base rate (about 6.67% at cash value)
  • HPCL fuel, 30X (5%): 30 IDFC FIRST Bank reward points per ₹150 (about 5% at cash value)
  • Grocery and utility, 30X (5%): 30 IDFC FIRST Bank reward points per ₹150 (about 5% at cash value)
  • IDFC FIRST FASTag recharge, 30X (5%): 30 IDFC FIRST Bank reward points per ₹150 (about 5% at cash value)
  • Flights booked in the IDFC FIRST app, 13.33% bonus points (20 points per ₹150): 20 IDFC FIRST Bank reward points per ₹150 on top of the base rate (about 3.33% at cash value)

Earns nothing on

  • No points on insurance, non-HPCL fuel, EMI and ATM cash
  • No HPCL fuel points on UPI

Terms the calculator does not value

  • The app travel bonus percentages are read as points per rupee of spend (26.67% = 40 points per ₹150), the basis the app T&C uses for the base ("up to 2%" = 3 per ₹150). If the bank meant a percentage of the base points, the bonus is far smaller.
  • From 18 January 2026 no points are earned for a billing cycle in which the minimum amount due is not paid by the due date; points already posted are reversed.
  • From 18 June 2026 points are earned only on spends up to the credit limit in a billing cycle. The calculator does not know the credit limit and applies no cap.
  • The welcome benefits are advertised as "worth ₹2,500": the welcome-offer PDF adds the ₹500 fuel voucher, the 5% EMI cashback up to ₹1,000 (on an EMI of ₹2,500 or more within 30 days) and merchant offers "worth ₹1,000+". Only the fuel voucher is valued; the cashback needs an EMI conversion and the merchant offers are discounts.
  • An "Apply today" offer of a ₹250 Shoppers Stop gift voucher on the first UPI transaction within 15 days of card set-up appeared on an earlier copy of the product page, with no dates. The product page as archived on 21 October 2026 and the welcome-offer PDF do not list it, so it is not valued (it was a welcome item until the VIV-127 data-gap check).
  • HPCL fuel earn depends on HPCL's merchant ID list; points are not credited at a station whose ID is not on it. The calculator assumes a listed station.
  • Happy Coins are valued at ₹0.25 each and counted only when the HP Pay route is switched on, because they need payment through the HP Pay app. Their redemption route is HPCL's.

Sources

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