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The IDFC HPCL First Power Card is a co branded credit card between two leading organisations, Hindustan Petroleum Corporation Limited (HPCL) and IDFC First Bank. This fuel card provides attractive incentives on fuel expenditure. It also provides benefits on your shopping & entertainment spending.

Brief Summary

Our Rating
4.0 / 5

Our View

Best for those who spend upto ₹5000 , on monthly fuel purchases. And are comfortable with being restricted only to HPCL fuel pumps. You get 5% benefit on your fuel purchases.

Comparatively low annual fee of ₹ 199, and fee from the 2nd year onwards is waived off at ₹50,000 annual card spend, which is also comparatively low – hence this card is a good entry level fuel card.

IDFC HPCL First Power Credit Card

on IDFC First Bank website

IDFC HPCL First Power Credit Card

Special Benefits

5% benefit on HPCL fuel purchases.

Other Benefits

On grocery purchases, utility bills & FASTag recharge.

Minimum Income

Not specified

Annual Fee

₹ 199

Annual Fee Offers

Welcome offer worth ₹250

Renewal fee waiver at ₹50,000 card spend per year

IDFC BANK HPCL First Power Credit Card : Summary Table

5% earning on HPCL purchases (fuel & LPG)
2.50% benefit on HPCL fuel purchases
1.50% benefit, on HPCL fuel purchases through HP Pay App
1% fuel surcharge waiver
2.50% special benefit on HPCL fuel purchases : You earn 10 reward points worth ₹2.50, on every ₹100 you spend at HPCL pumps – only on fuel purchases upto ₹5,000 per month

Additional 1.50% benefit – on HPCL fuel purchases through HP Pay App : You earn additional 6 Payback Points worth ₹1.50 , on every ₹100 purchase at HPCL outlets through HP Pay app – only on fuel expenses of upto ₹5,000 per month

1% fuel surcharge waiver on fuel purchases at all fuel stations – on all fuel expenses upto ₹5,000 per month.

(Fuel includes petrol, diesel & LPG)
2.50% special benefit on grocery purchases & utility expenses You earn 10 reward points worth ₹2.50 , on every ₹100 you spend on grocery & utility spends – only on combined total purchases of up to ₹4,000 per month in this category.
2.50% special benefit on FASTag You earn 10 reward points worth ₹2.50 , on every ₹100 you spend on FASTag recharges – only on upto ₹2,000 of recharges every month.

IDFC FIRST FASTag transactions are eligible for rewards only if done through FIRST forward and IDFC FIRST Mobile Banking app
0.33% basic benefit on all other purchasesYou earn 1.33 points worth ₹0.33 (33 paise) , on every ₹100 you spend on all other purchases.

Exceptions : no reward points are given on following card spends & transactions – HPCL fuel & LPG spends beyond monthly capping, non-HPCL fuel, insurance premium, EMI transactions & cash withdrawals
₹199 annual fee , with annual fee offersAnnual fee offers
Welcome offers of over ₹1400 :
– ₹250 cashback , on doing the 1st fuel transaction of ₹250 or above at any HPCL fuel station – within 30 days of card issuance
– 5% cashback (up to ₹1,000) on the transaction value of 1st EMI conversion – within 30 days of card set-up
– ₹150 discount on order above ₹500 on Swiggy
– ₹500 discount on ZoomCar rentals

Renewal fee offer : Annual fee is waived off from 2nd year onwards , if you spend ₹50,000 or more in the previous year.

Hence the card is virtually free if you spend ₹50,000 or more during the previous year.
Emergency complimentary roadside assistance (RSA) package worth ₹1399You get 24X7 assistance for flat tires & tire change, battery jump-start or alternate battery, fuel delivery, lost key replacement, minor repairs, vehicle towing (if required) – through Global Assure

You can avail this benefit up to 4 times a year. To know more details, please click here.
Complimentary insurance covers
Lost Card Liability Cover of ₹25,000
Personal Accident Cover of ₹2 lakhs
– Credit shield cover of ₹50,000
– ₹25,000 insurance cover for Lost Card Liability, Counterfeit/Skimming/Phishing and Online Fraud Protection – for transactions on your IDFC FIRST Bank Credit Card.

– ₹2,00,000 Personal Accident Cover – in the unfortunate event of an accidental death OR permanent disability due to a sudden, unforeseen and involuntary event caused by external, visible and violent means. Claim under this cover is payable only once, irrespective of the number of cards held by the cardholder.

– Credit shield cover of ₹50,000 – for unpaid bills on the card , in the event of an accidental death of the cardholder. This protects and gives peace of mind to legal heirs / next of kin.

– Above insurance covers are applicable only for an active card i.e cardholder should have done atleast 1 purchase/ATM withdrawal transaction during the last 30 days, using their IDFC FIRST Bank Credit Card. For more details, please visit here.

Pros and Cons of IDFC HPCL First Power Credit Card

Benefits of using the Card

  • Attractive benefit rate of 5% on monthly fuel purchases
  • Good benefit rate of 2.50% on grocery purchases & utility bills
  • 1st year annual fee ₹199 is compensated by joining benefits of ₹250
  • Annual spend target to get renewal fee waived off is not very high (₹50,000). Hence this card is virtually free if you spend ₹50,000 or more per year
  • The card also offers a range of additional benefits, such as complimentary road side assistance, insurance benefits, and deals on partner platforms like Zoom Car and ‘Eco Rent A Car’

Limitations and drawbacks to consider

  • The card is not attractive for individuals who incur fuel expenses much higher than ₹5000 per month
  • Cardholders are restricted to HPCL pumps , to avail attractive fuel benefits
  • The monthly spend restriction to achieve 2.50% benefit in the promotion category (grocery purchases & utility bill payments) is quite low

Comparing with Competitor Fuel Credit Cards

Features
BPCL SBI Credit Card
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ICICI HPCL Super Saver Credit Card
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HPCL BOB ENERGIE Credit Card
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Reward Rates 0.5% – 4.25%

0.5% – 5%

0.3% – 4%

Other benefits Fuel Surcharge Waiver Fuel Surcharge Waiver Fuel Surcharge Waiver
Annual Fee ₹499

₹500 + GST

₹499

Annual Fee Offers Zero renewal fees – if minimum spending in the previous year is ₹50,000 Fee waiver on annual spends of ₹1,50,000 lakhs. Zero renewal fees – if minimum spending in the previous year is ₹50,000
Minimum Income Not Specified

Not Specified

Over ₹3,60.000 for salaried individuals and ₹ 4,80,000 for self-employed individuals.

Full Review of the IDFC HPCL First Power Credit Card

IDFC HPCL First Power Credit Card

Features & Benefits of the IDFC HPCL First Power Credit Card

5% special benefit on HPCL purchases (fuel & LPG)

✔︎ 2.50% special benefit on HPCL fuel & LPG purchases (without using HP Pay App)

Earning special reward points : You earn 15 reward points on every ₹150 you spend in this category (HPCL fuel & LPG purchases on HPCL fuel outlets) = 10 reward points on every ₹100 you spend = ₹2.50 on every ₹100 you spend (since 1 reward point = ₹0.25 or 25 paise)

Restrictions on special benefit : This special benefit is valid only on HPCL purchases (fuel & LPG) upto ₹5,000 per monthly card billing cycle, since the maximum number of special reward points is restricted to 500 reward points per month. After the first ₹5,000 spent in this category, you shall receive basic benefit of 2 reward points worth ₹0.50 for each additional ₹150 you spend.

Redeeming reward points : You can redeem reward points on IDFC First Bank’s Rewards Platform , on a range of exciting offers, including merchandise, gift vouchers, travel bookings, and more. 1 reward point = ₹0.25 or 25 paise. You can access the IDFC Rewards platform through the PoshVine Reward Portal, mobile app or Internet banking. Please click here for details.

Other important information : Each reward redemption transaction incurs a ₹99 convenience charge. Reward points are valid forever.

✔︎ 1.50% additional benefit on HPCL purchases (fuel & LPG) – by using HP Pay App

Earning reward points : You earn 6 Payback Points on every ₹100 you spend in this category = ₹1.50 on every ₹100 you spend (since 1 Payback Point = ₹0.25 or 25 paise).

Redeeming reward points : You can redeem your Payback Points on Payback India (now called Zillion) online platforms for a variety of market leading vouchers and products. Please click here for details.

Other important information : This offer is applicable for payments done at HPCL fuel stations using HP Pay QR code scan, and on payments made using the credit card option at the payment gateway. This offer is valid till 31st March 2024.

✔︎ 1% fuel surcharge waiver

This is valid on fuel purchases at all fuel stations, only on fuel expenses upto ₹5,000 per month (since the maximum fuel surcharge waiver amount is restricted to ₹50 per monthly card billing cycle). After the first ₹5,000 spent on fuel purchases during the month, you shall be charged fuel surcharge on all additional fuel expenditure during your monthly card billing cycle.

2.50% special benefit on grocery & utility expenses

Earning reward points : You earn 15 reward points on every ₹150 you spend in this category (grocery purchases and utility expenses) = 10 reward points on every ₹100 you spend = ₹2.50 on every ₹100 you spend (since 1 reward point = ₹0.25 or 25 paise). Utility expenses include your electricity, mobile & gas bills.

Restrictions on special benefit : This special benefit is valid only on the first ₹4,000 spent in this category (grocery purchases and utility expenses) during the monthly card billing cycle – since the maximum number of special reward points is restricted to 400 reward points per month. After the first ₹4,000 spent in this category during the month, you shall receive basic benefit of 2 reward points worth ₹0.50 for every additional ₹150 you spend.

Redeeming reward points : You can redeem reward points on IDFC First Bank’s Rewards Platform – on a range of exciting offers, including merchandise, gift vouchers, travel bookings, and more. You can access the IDFC Rewards platform through the PoshVine Reward Portal, mobile app or Internet banking. 1 reward point = ₹0.25 or 25 paise. Please click here for details.

Other important information : Each reward redemption transaction incurs a ₹99 convenience charge. Reward points are valid forever.

0.33% basic benefit on all other purchases

Earning basic reward points : You earn 2 reward points on every ₹150 you spend = 1.33 reward points on every ₹100 you spend = ₹0.33 or 33 paise on every ₹100 you spend (since 1 reward point = ₹0.25 or 25 paise).

Restrictions on basic benefit : there are no monthly limits on earning reward points in this category

Redeeming reward points & other important information : same as described in the above section

More Cardholder Benefits

3 free add-on cardsParents, spouse, children and siblings (brothers & sisters) of the primary credit card holder can avail an IDFC FIRST Bank add-on credit card. Add-on cards can be issued to children & siblings aged 18 and above.
Zoomcar offerFlat ₹500 off on Zoomcar rentals using coupon code ALIDFCFIRST.
Applicable only on Zoomcar self-drive cars.
The minimum trip duration should be two days.
Validity : till 31st March 2024.
For more details / terms and conditions, please refer to Zoomcar’s policies.
Eco Rent A Car offer30% discount on chauffeur-driven car rentals
Applicable on all categories of cars across India, with additional discounts on specific categories in Delhi NCR, Mumbai, and Bengaluru.
Redeem the offer by visiting the IDFC HPCL First Bank Eco Rent A Car platform, selecting the start city pick point, date, time, and car, and paying with your FIRST Power Credit Card.
You can avail this offer multiple times during the offer period
Validity : till 31st March 2024
For more details, please refer to Eco Rent A Car’s terms and conditions.
Complimentary Emergency Roadside Assistance (RSA) package worth ₹1399– You get 24X7 assistance for flat tires & tire change, battery jump-start or alternate battery, fuel delivery, lost key replacement, minor repairs, vehicle towing (if required) – provided through Global Assure
– You can avail this benefit up to 4 times a year
– To know more details, please click here.
Various insurance covers :
– Lost Card Liability Cover of ₹25,000
– Personal Accident Cover of ₹2 lakhs
– Credit Shield-Cover of ₹50,000
– ₹25,000 insurance cover for Lost Card Liability, Counterfeit/Skimming/Phishing and Online Fraud Protection – for transactions on your IDFC FIRST Bank Credit Card.

– ₹2,00,000 Personal Accident Cover – in the unfortunate event of an accidental death OR permanent disability due to a sudden, unforeseen and involuntary event caused by external, visible and violent means. Claim under this cover is payable only once, irrespective of the number of cards held by the cardholder.

– Credit shield cover of ₹50,000 – for unpaid bills on the card , in the event of an accidental death of the cardholder. This protects and gives peace of mind to legal heirs / next of kin.

Above insurance covers are applicable only for an active card i.e cardholder should have done atleast 1 purchase/ATM withdrawal transaction during the last 30 days, using their IDFC FIRST Bank Credit Card. For more details, please visit here.
Attractive referral program (refer friends)You can refer your friends for new IDFC cards. For every card issued through the referral, you can earn 2,000 Rewards worth ₹500. You can earn a maximum of 10,000 reward points worth ₹2,500 through this referral program.
Security featuresChip and PIN technology – security for offline transactions : In the past, credit cards typically used a magnetic stripe located on the back of the card to store and transact data. However, the latest generation of credit cards usually includes a CHIP and PIN feature, which provides enhanced security. Only you know your PIN, so even if your card is lost, it is unlikely to be misused since BOTH the physical card and the PIN must be spent on the card.

Two-factor authentication – security for online transactions : When making an online transaction, you usually approve your online transaction by using a One-time Password (OTP) you get on your mobile phone. Since only you know the OTP, the card is unlikely to be misused unless someone has access to your card details AND mobile phone. This ensures a safe online purchase experience.

SMS alerts and notifications – for both offline and online transactions : For your peace of mind, usually you get free SMS alerts and notifications for all your credit card transactions. Hence you will know about all transactions on your card. In the unlikely scenario of misuse of your card, you would still get these alerts and notifications – which will help you immediately block your credit card.

Important Card Fees and Charges

Annual fee & annual fee offers

Annual feeAnnual fee offers
1st year joining fee₹199Welcome offer worth ₹250 : You earn ₹250 Cashback , on your 1st fuel transaction of ₹250 or above at any HPCL fuel station – within 30 days of card issuance
Renewal fee from 2nd year onwards₹199Renewal fee offer : Zero annual fee is charged from the 2nd year onwards , if you spend ₹50,000 or more in the previous year.

Hence, the card is free if you spend ₹50,000 or more per year.

Late payment fee

Late payment fee is charged if you do not pay even the minimum amount due on your card bill, before the bill due date. You will be charged 15% of the total amount due , with a minimum charge of ₹100 and a maximum charge of ₹1250. A rate of 3.99% will also apply on your overdue balances.

Foreign currency markup fee

3.50% of the transaction amount. This fee is charged when you use your card outside India.

Finance charges

0.75% – 3.50% per month (9% – 42% per annum), depending on the profile of the cardholder. This fee is charged when you pay a bill amount between your minimum amount due and total amount due.

Interest-free ATM cash withdrawals for up to 48 days (only cash withdrawal fee of ₹199 per withdrawal will be charged)

Important note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – IDFC HPCL First Power Credit Card Fees & Charges


Eligibility Criteria

Some basic criteria is given below, there maybe additional requirements and criteria based on your profile, this is at the sole discretion of IDFC First Bank.

Minimum age21 years or above
Credit score Healthy credit score preferably over 750 , and your credit usage ratio must be within an acceptable level
Minimum income₹3 lakhs per annum
Others No existing IDFC Bank credit card holders are eligible to apply for this card, since IDFC First normally does not offer more than 1 card to its customers.

Issuance of credit cards is subject to bank’s internal assessment, and is at the sole discretion of IDFC FIRST Bank.

Application Process & Tracking Your Application Status

Step-by-step guide

Online application process
The easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the IDFC First Bank website. You can also visit official website of the bank and fill out the application form.

Steps –
1. Fill out basic details and enter OTP sent on your mobile number
2. Provide a few more details like PAN, current address, occupation, monthly income etc and submit
3. Verification and eligibility check by IDFC First Bank
4. Approval of the card
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Tracking your credit card application statusYou can track your credit card status by clicking here – IDFC First Credit Card Status

Necessary documents and verification

Required documents 
– PAN card
– Copy of Aadhaar card (with first 8 digits masked) or any valid government address proof
– Income documents : salary slip, income tax return etc., may be required depending upon the credit card eligibility & policy.
In addition to these, you may be asked to provide additional documents.

Conclusion

In conclusion, IDFC Bank HPCL First Power Credit Card is a great fuel card option for those who spend about ₹5,000 per month on fuel, and do not mind being restricted only to HPCL fuel pumps. On these fuel spends one can earn 5% rewards.

This card gives a good reward rate of 2.50% on grocery purchases & utility bills like water, electricity, gas and mobile bills – though this benefit is restricted to total combined monthly spends of ₹4,000 in this category .

In addition to the above, the card also offers a range of additional benefits such as complimentary roadside assistance, insurance coverages, and attractive offers on partner platforms like Zoomcar and Eco Rent A Car.

The annual fee of the card is comparatively low (₹199), and the annual spend target of ₹50,000 to get annual fee waived off from the 2nd year onwards is not high.

Apply Now

on IDFC First Bank website

Frequently Asked Questions

What is the annual fee for the IDFC HPCL First Power Credit Card?

The annual fee for the IDFC HPCL First Power Credit Card is ₹199. However, this fee is compensated by attractive joining offers, and is waived from the 2nd year onwards if the cardholder spends ₹50,000 or more annually.

Can I avail of the roadside assistance benefit multiple times a year?

Yes, the complimentary roadside assistance benefit offered with the IDFC HPCL First Power Credit Card can be availed up to four times a year, across different locations in India.

Are there any restrictions on the type of fuel transactions eligible for the 1.50% savings?

The 1.50% savings on fuel and LPG transactions with the IDFC HPCL First Power Credit Card are ONLY applicable at HPCL fuel stations using the HP Pay QR code scan (with the credit card option chosen at the payment gateway).

What are the insurance coverages provided with the IDFC HPCL First Power Credit Card?

The IDFC HPCL First Power Credit Card offers various insurance coverages, including Personal Accident Cover of ₹2,00,000, Lost Card Liability Cover of ₹25,000, and Credit Shield cover of ₹50,000 . These coverages provide protection against accidental death, permanent disability, and lost card liability , provided the customer has an active credit card.

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