IDFC FIRST Power Credit Card

The Bottom Line

Low Fee, Low Rewards

15 reward points / ₹150 on grocery, utility bill payments & FASTag recharges, 15 points & 6 Payback Points on HPCL Fuel & LPG and 2 points on all other spends.

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Monthly Spend	₹5K	₹10K	₹20K	₹50K	₹100K
Net Reward Yield	1.4%	1.3%	1.0%	0.7%	0.6%
Est. Monthly Reward (₹)	70	130	190	335	560
All-India Rewards Rank*	13	31	93	199	227
Within Bank Rank*	2	2	3	6	7
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here. ^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee.

The IDFC FIRST Power Credit Card gives 5% effective rewards on fuel & LPG purchases via HPCL, 2.5% effective rewards on grocery & utility bills and 0.33% on all other spending.

We estimate this card can earn you a net reward yield of 0.9-1.4% on all your spending in a month.

The HPCL IDFC FIRST Power+ Credit Card is the best entry level credit card from IDFC First Bank. It offers a net reward yield of 1.2 – 2.0% on monthly spending up to ₹20,000.

The FIRST Wealth Credit Card is the best high end credit card for IDFC FIRST Bank customers with a net reward yield of 1.1 – 2.1% on monthly spending above ₹20,000.

For the first ₹30,000 spent in a month, this card gives effective rewards of 1.5% for all online purchases while offline spending earns 0.75%, for an average net reward yield of 1.1%.

All spending in excess of this amount each month earns a flat 2.50% reward, resulting in a net reward yield of almost 2.5% if you charge more than ₹1 lacs in a month.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.

The Rewards

Card	IDFC First Power Credit Card
Card Type	Reward
Reward Features	15 reward points / ₹150 on: – Grocery – Utility Bill Payments – FASTag recharges 15 reward points / ₹150 & 6 Payback Points on HPCL Fuel & LPG 2 reward points / ₹150 on all other retail spends
Milestone Rewards	Nil
Other Rewards	– Complimentary Roadside Assistance worth ₹1,399 – 25% off on movie tickets up to ₹100 / mth. – ₹150 Discount on order above ₹500 on Swiggy – ₹500 Discount on ZoomCar rentals – 50% on Domestic and International Rental Cars on Eco Rent A Car – 1.5% savings on Fuel and LPG transactions up to ₹75 per month
Rewards Redemption Fee	₹99
Reward Caps	Unlimited
Preferred Redemption Method	Redeem points on IDFC Bank Rewards Portal for E-Vouchers or online and in-store purchases @ ₹0.25/ Reward Point

Fees & Charges

Card		IDFC First Power Credit Card
Joining Fee		₹199 + Taxes
Annual Fee		₹199 + Taxes
Min. Annual Credit Card Spend for Fee Waiver		₹50,000
Income Criteria	Salaried	N/A
Income Criteria	Self-employed	N/A
Supplementary Card Fee		Free
Interest Rate		42.00%
Foreign Currency Markup		3.50%
Cash Advance Charge		₹199 / transaction