All cards / IDFC FIRST Bank
IDFC FIRST Power+ Credit Card
An entry-level, low-fee IDFC FIRST card built around fuel savings (up to 6.5% at HPCL pumps) plus solid grocery/utility rewards and a rare zero forex markup, though lounge access is limited to one spend-gated visit a quarter.
Annual fee
₹499
Joining fee
₹499
Reward type
points
Base reward rate
1%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in fuel, groceries. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 1% base rate
- Domestic lounge access: 1 complimentary domestic airport lounge visit per quarter, unlocked by ₹20,000 spend in the previous month
- Insurance benefits: ₹2 lakh personal accident cover and ₹25,000 lost-card liability cover
Benefits by category
- 🛒 Groceries
5% reward rate (capped ₹2,000/monthly)
- ✈️ Travel
1 complimentary domestic airport lounge visit per quarter, unlocked by ₹20,000 spend in the previous month
- 🛡️ Insurance
₹2 lakh personal accident cover and ₹25,000 lost card liability cover
- 🧾 Utilities
5% reward rate (capped ₹2,000/monthly)
- ⛽ Fuel
6.5% reward rate · Fuel surcharge waiver at fuel stations nationwide, plus up to 6.5% savings on HPCL fuel
- 🌍 Forex / international spend
0% forex markup on international transactions
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹25,000
- Employment: salaried, self-employed
- Age: 21–60
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹1,50,000
- Foreign currency markup: 0%
- Fuel surcharge waiver: 1% fuel surcharge waiver nationwide, plus up to 6.5% savings on HPCL fuel spend
Benefits
- ₹500 cashback on your first fuel transaction within 30 days of card activation
- Fuel surcharge waiver at fuel stations nationwide, plus up to 6.5% savings on HPCL fuel
- 1 complimentary domestic airport lounge visit per quarter, unlocked by ₹20,000 spend in the previous month
- Up to 25% off movie tickets (capped) and complimentary roadside assistance
- ₹2 lakh personal accident cover and ₹25,000 lost card liability cover
Pros
- + Low ₹499 joining/annual fee with an easy ₹1.5L spend waiver
- + Strong fuel savings at HPCL stations
- + 0% forex markup is rare at this price point
Cons
- − Only 1 lounge visit per quarter, and it's spend-gated
- − Grocery/utility rewards are capped at ₹2,000/month each
- − International spends stop earning reward points from 26 Oct 2026 (the trade-off for zero forex markup)