IDFC HPCL First Power Plus Credit Card

IDFC First Bank introduces its inaugural co-branded credit card in collaboration with Hindustan Petroleum Corporation Limited. The IDFC Bank HPCL First Power Plus Credit Card offers annual savings of up to Rs. 18,500, equivalent to approximately 175+ liters of free fuel. Enjoy welcome gifts valued at Rs. 1,650, a nominal joining fee of Rs. 499, and exclusive lifestyle perks like complimentary domestic airport lounge access, 25% off on movie tickets, and free roadside assistance. Avail enticing deals and discounts with partnered brands, all with a low-interest rate ranging from 0.75% to 3.5% per month, translating to 9% to 42% annually. Elevate your spending experience with this feature-packed credit card.

Key Highlights of IDFC HPCL First Power Plus Credit Card

Unlock unparalleled benefits with the IDFC HPCL First Power Plus Credit Card

1. Fuel Savings:

  • Save up to 6.5% on fuel expenditures with the credit card.
  • Earn 4% reward on HPCL fuel and LPG expenses, capped at Rs. 10,000 per month.
  • Receive 1.5% payback reward using the HP Pay App, with a maximum cap of Rs. 5,000 per month.
  • Enjoy a 1% fuel surcharge waiver, with a maximum cap of Rs. 10,000 per month.

2. Utility and Grocery Bills:

  • Save up to 5% on utility and grocery bills, with a maximum cap of Rs. 2,000 per month.

3. IDFC FIRST FASTag Recharge:

  • Earn up to 5% in rewards on IDFC FIRST FASTag recharge, capped at Rs. 1,000 per month.

4. Miscellaneous Retail Transactions:

  • Get 3X rewards on all other miscellaneous retail transactions.

5. Airport Lounge Access:

  • Avail complimentary domestic airport lounge access per quarter by maintaining a minimum monthly spending of Rs. 5,000.

6. Movie Ticket Discounts:

  • Enjoy up to 25% off on movie tickets, with a maximum cap of Rs. 100 per month.

Features and Benefits of IDFC HPCL First Power Plus Credit Card

The IDFC HPCL First Power Plus Credit Card offers several features and benefits:

1. Welcome Benefits:

  • Receive up to Rs. 500 cashback on your initial HPCL fuel transaction above Rs. 500.
  • Enjoy up to 5% cashback (capped at Rs. 1,000) on the transaction value of the first EMI.

2. Rewards Rate:

  • Save up to 5% in rewards on grocery and utility expenses, with a monthly cap of Rs. 2,000.
  • Earn up to 5% as a reward on IDFC FIRST FASTag recharge, with a maximum cap of Rs. 1,000 per month.
  • Gain up to 3X rewards on all other retail transactions.

3. Movie and Dining:

  • Avail up to 25% off on movie tickets (up to Rs. 100 monthly) on the Paytm Mobile App using promo code “IDFCCCFM.”
  • Enjoy up to Rs. 150 discounts on Swiggy orders above Rs. 500.

4. Reward Redemption:

  • For every Rs. 150 spent, earn 3X rewards (1 RP = Rs. 0.75).
  • Receive 24 rewards points for every Rs. 150 spent on grocery and utility for HPCL Fuel and LPG.
  • For IDFC FIRST FASTag recharge, get 30 rewards for every Rs. 150 spent.
  • Note: Rewards are not applicable on HPCL fuel and LPG expenses beyond the maximum monthly capped amount.

5. Travel Benefits:

  • Access complimentary roadside assistance worth Rs. 1,399 four times a year.
  • Enjoy a Rs. 500 discount on ZoomCar rentals.
  • Get up to a 50% discount on domestic and international rental cars with Eco Rent-A-Car and Europcar.

6. Domestic Lounge Access:

  • Receive complimentary domestic airport lounge access once every quarter with a minimum monthly spend of Rs. 5,000.

7. Insurance Benefits:

  • Avail a personal accident loan cover of Rs. 2,00,000.

8. Zero Liability Protection:

  • Benefit from card liability coverage for Rs. 25,000 on lost cards.

IDFC HPCL First Power Plus Credit Card Fees and Charges

Explore the fee structure for the IDFC HPCL First Power Plus Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: Rs. 499 + GST
  2. Renewal Fee: Rs. 499 + GST; Spend Based Waiver: Rs. 1,50,000 spends in the previous year.
  3. Rewards Redemption Fee: Rs. 99 on each redemption request
  4. Foreign Currency Markup: 3.5% on all international transactions
  5. Interest Rates: 0.75% to 3.5% per month, 9% to 42% annually
  6. Fuel Surcharge: 1% waiver, capped at Rs. 200 per statement cycle
  7. Cash Advance Charges: Rs. 199 as cash advance fee
  8. Add-on Card Fee: Nil

Eligibility Criteria for IDFC HPCL First Power Plus Credit Card

Here are essential criteria for applying for an IDFC HPCL First Power Plus Credit Card:

  1. Eligibility requires Indian citizenship.
  2. Minimum age criterion is 21 years.
  3. Annual income should be Rs.3 lakh or higher.
  4. No possession of any current IDFC FIRST Bank credit card is allowed.
  5. A decent credit score is mandatory.
  6. An acceptable credit usage ratio is a prerequisite.

How to apply for IDFC HPCL First Power Plus Credit Card

Follow these steps to apply for the IDFC HPCL First Power Plus Credit Card online:

  1. Navigate to the official IDFC First Bank website.
  2. Access the “Cards” section and select “Co-branded Cards.”
  3. Locate the IDFC HPCL First Power Plus Credit Card.
  4. Complete the required details on the application form.
  5. Submit your application to apply for the card seamlessly.

Frequently Asked Questions (FAQs)

1. Who is eligible for the IDFC HPCL First Power Plus Credit Card?

Indian citizens meeting the age criteria and income requirements are eligible.

2. What is the minimum age requirement for obtaining this credit card?

The minimum age limit for applicants is 21 years.

3. What is the annual income criterion for the IDFC HPCL First Power Plus Credit Card?

Applicants should have an annual income of Rs.3 lakh or more.

4. Can existing IDFC FIRST Bank credit cardholders apply for this card?

No, applicants with existing IDFC FIRST Bank credit cards are not eligible.

5. What credit score is required to qualify for this credit card?

A decent credit score is mandatory for approval.

6. What is the significance of the credit usage ratio in the application process?

Applicants must maintain an acceptable credit usage ratio for eligibility.

7. How can I apply for the IDFC HPCL First Power Plus Credit Card?

You can apply online through the official IDFC FIRST Bank website or visit a nearby branch.

8. What benefits does the IDFC HPCL First Power Plus Credit Card offer?

The card provides benefits such as fuel discounts, reward points, and other exclusive privileges. Details can be found in the card’s terms and conditions.

9. Is there an annual fee for the IDFC HPCL First Power Plus Credit Card?

Check the card’s terms and conditions for information on annual fees and any applicable charges.

10. How can I check my credit card statement and track my expenses?

You can access your credit card statement online through the IDFC FIRST Bank portal or mobile app. The statement provides a detailed record of your transactions and expenses.

11. What should I do if my IDFC HPCL First Power Plus Credit Card is lost or stolen?

Immediately contact the bank’s customer service to report the loss, and the necessary steps will be taken to secure your account and issue a replacement card.

12. Can I convert my purchases into EMIs using this credit card?

Check with IDFC FIRST Bank for information on converting specific transactions into equated monthly installments (EMIs) and the associated terms.