IDFC FIRST Power Plus Credit Card
Issuer: IDFC First Bank
Network: Visa | Tier: Mid-Range
The IDFC FIRST Power Plus Credit Card is a co-branded fuel card designed to maximize savings on daily commutes. It offers exceptional rewards on HPCL fuel purchases, utility bills, and grocery spending, with points that never expire.
Fees & Charges
| Annual Fee | ₹499 |
|---|---|
| Joining Fee | ₹499 |
| Interest Rate | 2.99% per month |
| Foreign Markup | 3.5% |
| Fuel Surcharge Waiver | 5% fuel |
Rewards & Benefits
| Reward Rate | 5% fuel cashback |
|---|---|
| Welcome Bonus | Welcome cashback |
| Lounge Access | 1 domestic lounge/quarter on spend criteria |
| Best For | Fuel users |
Key Highlights
- Fuel rewards
- 5% fuel cashback
Eligibility Criteria
- Age: 21-65 years
- CIBIL score: 750+
- Minimum income: ₹3
- 00
- 000/year
Minimum Income Required: ₹3,00,000/year
Pros
- Up to 6.5% savings on HPCL fuel and LPG purchases
- 5% savings on grocery and utility bill payments
- Reward points carry lifetime validity and never expire
- Complimentary domestic airport lounge access and roadside assistance
- 1X rewards on all other retail spending
Cons
- Surcharges apply if used at non-HPCL fuel stations
- Monthly caps on maximum accelerated rewards per category
- Annual fee of ₹499 + GST
- High spend threshold (₹1.5 Lakhs) for annual fee waiver
- Limited benefits tailored for international travel or online shopping
Expert Rating: 4.6/5