Credit Cards · Honest Review
IDFC First Power Credit Card
IDFC FIRST Bank · Visa
Your Verdict
- ✓6.5% rewards on HPCL fuel spends (up to ₹10,000/month)
- ✓5% rewards on grocery and utility bill payments
- ✓5% rewards on FASTag recharges (up to ₹1,000/month)
- ✓₹500 welcome gift voucher on first HPCL transaction
- ✓Annual fee waived on ₹1.5L annual spend
What IDFC First Power Credit Card costs you
IDFC First Power Credit Card carries a ₹499 annual fee and a ₹499 one-time joining fee. The annual fee is waivable: Spend ₹1.5L/year.
| Fee | Amount |
|---|---|
| Annual fee (year 2+) | ₹499 |
| Joining fee (one-time) | ₹499 |
| Fee waiver condition | Spend ₹1.5L/year |
| Spend required for waiver | ₹1,50,000 / year |
| Foreign transaction fee (forex markup) | Not disclosed / standard rates apply |
What you earn on every rupee spent
IDFC First Power Credit Card earns 5.00% on all eligible spends as a base reward rate, with accelerated rates on fuel, groceries and other bonus categories listed below. Each reward point is worth ₹0.25 when redeemed, giving a clear rupee value for your earnings.
| Category | Reward rate |
|---|---|
| All other spends (base rate) | 5.00% |
| ⛽ Fuel | 6.5% |
| 🛒 Groceries | 5% |
₹500 gift voucher on first HPCL fuel transaction above ₹500
Reward types: Points
Beyond the reward rate
The non-reward benefits on IDFC First Power Credit Card are meaningful for frequent users. Here is what you get with the card.
Who can apply for IDFC First Power Credit Card
IDFC First Power Credit Card requires a minimum net monthly income of ₹20,000 for salaried applicants and a CIBIL score of 700 or above. It is open to salaried and self-employed applicants.
| Requirement | Detail |
|---|---|
| Minimum monthly income | ₹20,000 |
| CIBIL score | 700+ (good to excellent) |
| Age range | 21–60 years |
| Employment type | Salaried & self-employed |
| Typical approval time | 7–10 working days |
Who should (and shouldn't) get IDFC First Power Credit Card
- → Heavy spenders on fuel who want 6.5% back
- → Heavy spenders on groceries who want 5% back
- → Moderate spenders who can clear the fee waiver condition
- → Frequent flyers who need airport lounge access
IDFC First Power Credit Card — Questions answered
What is the annual fee for IDFC First Power Credit Card?
What is the minimum income required for IDFC First Power Credit Card?
What is the reward rate on IDFC First Power Credit Card for fuel?
Does IDFC First Power Credit Card provide airport lounge access?
How do I get the annual fee waived on IDFC First Power Credit Card?
How long does it take to get IDFC First Power Credit Card approved?
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Get My Personalised Verdict →Information on this page is gathered from public sources and the card issuer's official website. Fees and reward rates may change — verify the current terms on the issuer's website before applying. SingleVerdict may earn a referral fee if you apply through our links, which does not affect our scoring or editorial decisions.