About Credit Card
The IDFC First Power Plus Credit Card (often linked with HPCL) is a rewards-focused card ideal for fuel, grocery, and utility spends in India. It emphasizes cashback-like savings and lounge perks for everyday users.
Key Features
Lifetime-free option after ₹1.5 lakh annual spend (joining fee ₹499 otherwise).
30X reward points on HPCL fuel/LPG (up to ₹600 value per cycle) and 30X on grocery/utility (up to ₹2,000/month).
15-30X points on IDFC FIRST FASTag recharges (up to ₹1,000/month); 3X on other retail/UPI spends.
Rewards & Redemption
1 point = ₹0.25; redeem for fuel discounts or cashback equivalents (effective 5-6.5% on fuel).
25% off movie tickets (₹100 cap/month); no expiry on points.
RuPay variant enables UPI linking for 3X rewards on apps like PhonePe.
Benefits
1 domestic lounge access/quarter (on ₹20,000 monthly spend).
Complimentary roadside assistance (₹1,399 value); insurance up to ₹2 lakh accident cover.
Fuel surcharge waiver; low cash advance fee (₹199).
Fees & Eligibility
Suits high fuel/utility spenders (e.g., ₹5,000-10,000/month yields ₹400+ savings).
Video KYC needed with PAN; dynamic interest 0.75-3.5% monthly.