IDFC FIRST Power+ Credit Card
IDFC FIRST Power+ Credit Card Review: Supercharged Rewards for Fuel, Groceries & Smart Everyday Savings
introduction
The IDFC FIRST Power+ Credit Card is designed for people who spend regularly on everyday essentials like fuel, groceries, utilities, and travel. Co-branded with HPCL, this card gives extra rewards every time you fill fuel, pay your household bills, or recharge your FASTag. It offers great value for commuters and families who want to save more on their routine expenses. With an affordable annual fee that can be easily waived by regular use, it’s a smart and practical choice for anyone looking to earn real savings on daily spending.
key features and benefits
Welcome Benefits
- get ₹250 worth Shoppers Stop Gift Voucher on 1st UPI transaction done within 15 days from card set-up.
- ₹500 worth Gift Voucher on HPCL fuel transaction of ₹500 or above to be done within 60 days of cards set-up.
Interest-free ATM Cash Withdrawals
- interest-free ATM Cash Withdrawals For up to 45 days (cash withdrawal fee of only ₹199 per transaction).
Fuel Rewards
Up to 6.5% savings on your fuel expenses.
No fuel surcharge waiver; instead, very high direct returns.
Reward Structure
5% savings as Rewards on Grocery & Utility expenses.
Up to 8.83% savings on hotel & flight bookings through IDFC FIRST Mobile App.
5% savings as Rewards on IDFC FIRST FASTag recharge.
3X Rewards on UPI and other retail transactions.
uPI benefits
3X Rewards on UPI transactions.
interset free credit Period on uPI Purchases.
airport Lounge Access
Complimentary Domestic Airport Lounge access , once every quarter on minimum monthly spends of ₹20,000.
EMI Flexibility
One-click conversion for spends above ₹2,500.
5% cashback (up to ₹1,000) on the transaction value of 1st EMI conversion.
Insurance Benefit
Personal Accident including - ₹2,00,000.
Credit Shield - ₹50,000.
Card Liability Cover - ₹25,000.
Purchase Protection - ₹25,000.
Card Essential
Rewards and Benefits Analysis
Who Benefits the Most?
- Daily commuters, whether you drive a car, ride a bike, or work in sales, can enjoy excellent fuel savings of up to 6.5%, which beats cards that only offer basic fuel surcharge waivers. Urban and suburban families can earn valuable points on groceries, utility bills, and FASTag recharges, turning everyday expenses into meaningful monthly savings. Those who enjoy movies or travel get steady leisure perks, while digital bill payers earn an impressive 5% on household bills and even LPG refills—something very few cards offer.
- Sample Value Calculation
₹8,000/month on fuel = 1,600 points (worth ₹400).
₹12,000/month groceries/utilities = 2,400 points (₹600).
Practical Considerations
Caps & Limits: Maximum points per category/month (fuel: ₹300/cycle; groceries/utilities/FASTag: ₹2,000/month each)–still ample for regular users.
Fees: ₹499+GST annual fee, easily waived; welcome bonus offsets year-one cost.
Redemption: 1 point = ₹0.25 for statement credit, e-vouchers, or travel bookings (via IDFC app). Redemption fee ₹99+GST applies, so bundle points for redemption.
HP Pay App: Stack credit card and HP Pay “HappyCoins” for bigger fuel savings.
Eligibility: 21+, CIBIL 730+, ₹3–5 lakh+ annual income; standard KYC and quick digital process.
No premium travel/lifestyle perks: Domestic only, no international airport lounge coverage.
Redemption Options
Direct via IDFC App/Portal
Redeem for airfare, hotel stays, vouchers, or bill credits.
Bundle points for quarterly redemptions to offset the processing fee, and always redeem for essentials (fuel/grocery).
Ideal User Profile
City commuters, daily drivers, or household managers who split spends across fuel, groceries, and bill payments.
High-value, middle-class spenders (₹12,000–₹30,000/month).
Not for global travelers looking for international perks or luxury dining.
Final Thoughts
Strengths
Market-best returns at HPCL stations, grocery, utility, and FASTag spends.
Practical extras: Airport lounge, movie, travel coupon, and roadside aid.
Easy fee waiver (₹1.5 lakh spend) and generous points earning caps for a mid-fee product.
Limitations
Domestic focus, no premium or international travel perks.
Redemption fee applies; best to redeem points quarterly.
Verdict
IDFC FIRST Power+ is a brilliantly practical, day-to-day cash-saver for Indians who want big routine spending to give real monthly returns. If you fill up at HPCL, shop groceries, pay bills, and take the train, there’s no sharper tool for savings.
Additional Tips for Applicants
Redeem points in larger chunks (quarterly) for better fee efficiency.
Always use HP Pay to double-dip with card points and app rewards.
Watch monthly category caps for maximum value; channel other shopping to specialized premium cards if needed.
Plan annual ₹1.5 lakh spend to ensure ongoing fee waiver.
CDMS EXPERT ADVICE
This review offers a clear and balanced overview of The IDFC FIRST Power+ Credit Card’s strengths and limitations, helping readers make an informed choice about whether this card fits their
Spending Habits And Financial Goals.
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