What does this card save on fuel?

Fuel purchases at HPCL earn boosted reward points at 21X, working out to roughly 3.5% back, though the payout is capped at 700 points (₹175) per statement cycle. Paying through HPCL's HP Pay app adds a further ~1.5% in Happy Coins on top of that. Note that there's no fuel surcharge waiver anymore — IDFC pulled that benefit on 1 May 2024 and shifted a comparable amount of value into the fuel reward points instead.

Does it give lounge access?

No, this base Power card does not include lounge access. That perk is reserved for the Power+ variant, which grants one domestic lounge visit per quarter provided you spend ₹20,000 in that month.

Is there an annual fee?

Yes — ₹199 for both the joining and annual fee, though the annual charge is waived if you spend ₹50,000 in the preceding card year. Including 18% GST, the renewal fee actually works out to ₹235 on your statement. To clear the waiver threshold, you'd need to average around ₹4,167 in monthly spend over the year.

How has the IDFC FIRST Power Credit Card changed over time?

Since 2023, our dated Value Timeline for this card (found on this page) has logged 8 changes in total: 4 devaluations, 2 improvements, and the remainder neutral events such as launches or restructures. The latest entry is the addition of bonus reward points on travel booked through the IDFC FIRST app (18 January 2026). Every entry links back to its source, so each figure can be cross-checked against the issuer's own documentation.

Has the IDFC FIRST Power Credit Card been devalued recently?

Yes — we've tracked 2 devaluations to this card over the past 24 months. The latest, effective 18 January 2026, introduced fair-usage fees on heavy FASTag and railway spending: previously there was no such fee, but now a 1% charge applies above ₹10,000 in FASTag transactions or ₹25,000 in railway spend per cycle. The complete dated list, with sourcing for each change, is available in the Value Timeline on this page.

When did the IDFC FIRST Power Credit Card's fees last change?

The most recent fee change landed on 18 January 2026, introducing fair-usage charges on heavy FASTag and railway spending — moving from no fee at all to a 1% charge above ₹10,000 in FASTag spend or ₹25,000 in railway spend per cycle. You'll find the current fee schedule in the fees table on this page, while the Value Timeline covers every earlier fee change on record.

How did the IDFC FIRST Power Credit Card change in 2026?

In 2026 we've recorded 3 changes to this card — 2 cuts and 1 improvement: forfeiture of the whole cycle's reward points if the minimum due goes unpaid (18 January 2026), fair-usage fees on heavy FASTag and railway spending (18 January 2026), and bonus reward points for travel booked via the IDFC FIRST app (18 January 2026). The most significant of these: prior to 18 January 2026, points accrued regardless of payment behaviour; from that date on, missing the minimum amount due by its deadline forfeits all points for that cycle. Each of these events is dated and sourced in the Value Timeline on this page.

IDFC FIRSTSELECT

IDFC FIRST Power Credit Card

4.1 / 5SarvCred Editorial Review

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IDFC FIRST

IDFC FIRST Power Credit Card

Name: IDFC FIRST Power Credit Card
Brand: SarvCred
Rating: 4.1 (1 reviews)

Mid-tierFee variesCashbackRewardsFuel

The IDFC FIRST Power is a serviceable, very cheap fuel-and-bills card for IDFC account holders who fill up at HPCL. The card itself earns 21X reward points (~3.5%) on HPCL fuel, capped at 700 points (₹175) a statement cycle — the ₹499 Power+ variant reaches 30X (~5%) — plus 15X (~2.5%) on grocery, utility and FASTag spends, roadside assistance and accident cover, all for a ₹199 fee waived at ₹50,000 of annual spend. HPCL's own HP Pay app pays a further ~1.5% in Happy Coins (up to 600 coins a month on ₹10,000 of app spend) — that is HPCL's separate loyalty currency, not the card's reward points. Welcome benefits are worth about ₹2,250: a ₹250 HPCL voucher, 5% cashback on the first EMI up to ₹1,000, and ₹1,000-plus of merchant offers. Booking through the IDFC FIRST app also earns accelerated travel points (26.67% on hotels, 13.33% on flights) — portal rates we deliberately keep out of our scoring baseline. It will not out-earn dedicated rivals on fuel, so its case is low cost plus HP loyalty plus an existing IDFC relationship. Get the network right first: it is HPCL, not BPCL.

Key features

What this card is built to do — the highlights that actually matter.

🎁

Welcome Benefit

~₹2,250 in vouchers, points or cashback on card activation

⭐

3.5% on 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

⭐

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

💳

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

Link to PhonePe, GPay or Paytm and earn credit card rewards on UPI payments

🛡

️ Insurance Cover

Personal accident cover of ₹2,00,000 and lost-card liability cover of ₹25,000

Full reward structure

Category	Type	Rate	Monthly cap
Fuel	reward points	3.5%	₹175
Utility Bills	reward points	2.5%	₹1,000
Other	reward points	0.33%	—

Fees & charges

Charge	Amount
Annual fee (incl. 18% GST)	₹235
Joining fee (incl. 18% GST)	₹235
Forex markup	3.5%
Reward redemption fee	₹99

Perks & benefits

Estimated annual value beyond rewards — ~₹2,199/yr in total.

🛡

️ insurance ~ ₹800 /yr

Personal accident cover of ₹2,00,000 and lost-card liability cover of ₹25,000

🤵

concierge ~ ₹1,399 /yr

Complimentary roadside assistance programme worth ₹1,399

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 Fuel ( 3.5% back).

✓ 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

Eligibility & documents

Age

21 + years

Min. income

₹25,000 /mo

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.

Statement credit BEST Never-expiring points

₹ 0.25 /pt

Gift voucher catalogue BEST Brand & e-gift vouchers

₹ 0.25 /pt

The concern 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%).

The bottom line

This is a workable entry-level fuel-and-utility card for IDFC customers who happen to buy their petrol at HPCL. It handles that narrow job at minimal cost, though dedicated fuel cards will out-earn it — so the appeal here is really the low fee combined with the convenience of an existing bank relationship. Just be sure you're looking at the HPCL co-brand and not BPCL.

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 verified 14 Aug 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.

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 · 8 changes · last change Jan 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

2026 3 changes — 2 cuts, 1 improvement

▲ Reward Effective 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

▼ Fee Observed 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.