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IDFC FIRST Power+ Credit Card

by Kshitiz V Sharma on

The Bottom Line

IDFC FIRST Power+ Credit Card
Great for Fuel, Grocery & Bill Payments

30 reward points / ₹150 on grocery, utility bill payments & FASTag recharges, 24 points & 6 Payback Points on HPCL Fuel & LPG and 3 points on all other retail spends.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield 2.0% 1.4% 1.2% 1.0% 0.9%
Est. Monthly Reward (₹) 95 135 240 490 875
All-India Rewards Rank* 6 27 54 143 155
Within Bank Rank* 1 1 1 5 5
* 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 HPCL IDFC FIRST Power+ Credit Card gives 6.5% effective rewards on fuel and LPG purchases via HPCL, 5% effective rewards on grocery & utility bills and 0.5% on all other spending.

We estimate this card can earn you a net reward yield of 1.2-2.0% if you spend up to ₹20,000 a month. That makes Power+ the best entry level credit card from IDFC Bank.

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 – 30 reward points / ₹150 on
– Grocery
– Utility Bill Payments
– FASTag recharges

– 24 reward points / ₹150 & 6 Payback Points on HPCL Fuel & LPG

– 3 reward points / ₹150 on all other retail spends

Milestone Rewards Nil
Other Rewards – 1 Complimentary Domestic Airport Lounge visit / Qtr.

– 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 Nil
Reward Caps – HPCL fuel & LPG expenses of up to ₹10,000 p.m.

– Grocery & Utility expenses of up to ₹2,000 p.m.

– FASTag recharge of up to ₹1,000 p.m.

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 ₹499 + Taxes
Annual Fee ₹499 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
₹1.5 Lacs
Income Criteria Salaried N/A
Self-employed N/A
Supplementary Card Fee Free
Interest Rate 42.00%
Foreign Currency Markup 3.50%
Cash Advance Charge ₹199 / transaction

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