IDFC First Power+ RuPay Credit Card
Rewards & Benefits
Welcome Benefits
Welcome benefits worth ₹1,650.
Milestone Benefits
Cashback Rate
Users will get up to 6.5% savings on fuel expenses.
5% savings as rewards on grocery & utility expenses.
5% savings as rewards on IDFC FIRST FASTag recharge.
3X rewards on other retail transactions. 1 RP = 0.25 paisa.
Movie Benefits
Dining Benefits
Other Benefits
Lounge Access
Fees & Charges
Joining Fee
INR 499.
Annual Fee
INR 499, waived off on crossing ₹150,000 spent in the previous anniversary year.
Cash Advance Fee
Rs. 199
Interest rate
0.75% to 3.5% per month (9% to 42% per annum)
Late Payment Fee
Late payment Charges: 15% of the total amount due as of the previous statement minus any payments received before the due date (subject to a minimum of ₹100 and a maximum of ₹1,300).
Foreign Currency Transactions Fee
3.50%
Other Fees
Cash advance transaction fee: ₹199. | Foreign Exchange Mark-up Fee: 3.50%. | Reward Redemption Fee: ₹99 per redemption transaction.
Cons
Limited reward categories: Most benefits are focused on fuel and specific spending categories. Rewards on other transactions are lower compared to some other cards.
No international usage: This card is not accepted internationally, making it unsuitable for frequent travellers.
Welcome Benefit: Welcome benefits worth ₹2,500
Rewards System: Users will get up to 6.5% savings on fuel expenses, 5% savings as rewards on grocery & utility expenses, 5% savings as rewards on IDFC FIRST FASTag recharge, Users will get 3 reward points per ₹150 for all other retail and UPI spends where the value of 1 reward point is Rs. 0.25 so the cashback rate is 0.50%.
Other Benefits: Complimentary domestic airport lounge access, once every quarter, on minimum monthly spends of ₹5,000, complimentary roadside assistance worth ₹1,399, 25% off on movie tickets up to ₹100, once every month, and personal accident cover of ₹2,00,000 and lost card liability cover of ₹25,000.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
Nationality: You must be an Indian citizen.
Age: You must be at least 21 years old.
Income: Your annual income should be Rs. 3 lakh or more.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit the IDFC FIRST Bank website: https://www.idfcfirstbank.com/credit-card
Click on "Credit Cards" and then "Apply Now."
Choose the "IDFC FIRST Power+" card and click "Apply Now."
Fill out the online application form with your personal details, income information, and employment details.
Upload the required documents (PAN card, ID proof, income proof) as instructed.
Submit the application and await a response from the bank.
Contact Details
1800 10 888
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefit: Welcome benefits worth ₹2,500
Rewards System: Users will get up to 6.5% savings on fuel expenses, 5% savings as rewards on grocery & utility expenses, 5% savings as rewards on IDFC FIRST FASTag recharge, Users will get 3 reward points per ₹150 for all other retail and UPI spends where the value of 1 reward point is Rs. 0.25 so the cashback rate is 0.50%.
Other Benefits: Complimentary domestic airport lounge access, once every quarter, on minimum monthly spends of ₹5,000, complimentary roadside assistance worth ₹1,399, 25% off on movie tickets up to ₹100, once every month, and personal accident cover of ₹2,00,000 and lost card liability cover of ₹25,000.
Limited reward categories: Most benefits are focused on fuel and specific spending categories. Rewards on other transactions are lower compared to some other cards.
No international usage: This card is not accepted internationally, making it unsuitable for frequent travellers.
The IDFC FIRST Power+ Credit Card is a co-branded card offered in collaboration with HPCL, targeting frequent fuel spenders. If you're a frequent HPCL customer and spend a significant amount on fuel, the IDFC FIRST Power+ Credit Card can be a valuable tool to earn significant savings. However, if your spending habits are more diverse, or you require international acceptance or broader reward categories, exploring alternative cards might be more beneficial.
The IDFC FIRST Power+ Credit Card is a co-branded card offered in collaboration with HPCL, targeting frequent fuel spenders. If you're a frequent HPCL customer and spend a significant amount on fuel, the IDFC FIRST Power+ Credit Card can be a valuable tool to earn significant savings. However, if your spending habits are more diverse, or you require international acceptance or broader reward categories, exploring alternative cards might be more beneficial.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
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Fuel Surcharge
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Billing Cycle
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