Credit Cards · Honest Review
IDFC First Power+ Credit Card
IDFC FIRST Bank · Visa
Your Verdict
- ✓6.5% rewards on HPCL fuel purchases (up to ₹10,000/month)
- ✓5% rewards on grocery and utility bill payments
- ✓Complimentary domestic airport lounge access (4 visits/year)
- ✓₹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
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 ₹25,000 for salaried applicants and a CIBIL score of 720 or above. It is open to salaried and self-employed applicants.
| Requirement | Detail |
|---|---|
| Minimum monthly income | ₹25,000 |
| CIBIL score | 720+ (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
- → Frequent travelers who value airport lounge access
- → Moderate spenders who can clear the fee waiver condition
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.