Fuel Your Finances with HPCL IDFC FIRST Bank Power Credit Card

Overview of the HPCL IDFC FIRST Bank Power Credit Card

The HPCL IDFC FIRST Bank Power Credit Card is a co-branded credit card that offers a range of benefits tailored to meet the diverse needs of its users, particularly those who frequently refuel at HPCL fuel stations. This card, launched through a collaboration between IDFC FIRST Bank and Hindustan Petroleum Corporation Limited (HPCL), is available in two variants: FIRST Power and FIRST Power+.

Both card variants come with a joining and annual fee of ₹499. Users can utilise the card for various transactions, including fuel purchases, groceries, utility bills, and other retail expenses. Additionally, the card can be linked to UPI applications for enhanced convenience.

Benefits & Features of the HPCL IDFC FIRST Bank Power Credit Card

Welcome Benefits

The HPCL IDFC FIRST Bank Power Credit Card offers attractive welcome benefits to its users:

Cashback on First Fuel Transaction:
- FIRST Power Credit Card: Users receive ₹250 cashback on their first HPCL fuel transaction of ₹250 or above within 30 days of card setup.
- FIRST Power+ Credit Card: Users receive ₹500 cashback on their first HPCL fuel transaction of ₹500 or above within 30 days of card setup.
EMI Cashback: Users can enjoy a 5% cashback up to ₹1000 on their first EMI transaction within 30 days of card setup.

Other Benefits

The HPCL IDFC FIRST Bank Power Credit Card offers a host of other benefits to its users:

Fuel Savings:

FIRST Power+ Card:
- Up to 6.5% savings on HPCL fuel expenses
  - 4% savings on fuel
  - 5% savings as Payback Rewards through HP Pay App
  - 1% fuel surcharge waiver
- FIRST Power Card:
  - Up to 5% savings on HPCL fuel expenses

Rewards Points:

FIRST Power+ Card:
- Earn 30X Reward Points on HPCL Fuel
- Earn 30X Reward Points on Grocery & Utility and IDFC FASTag recharge
- Earn 3X Reward Points on other retail transactions
- Each reward point is valued at ₹0.25
FIRST Power Card:
- Earn 21X Reward Points on HPCL Fuel
- Earn 21X Reward Points on Grocery & Utility and IDFC FASTag recharge
- Earn 2X Reward Points on other retail transactions

Lifestyle Privileges:

Complimentary Lounge Access: Free domestic airport lounge access once every quarter with a minimum monthly spend of ₹5,000
Movie Discounts: Up to 25% off on movie tickets up to ₹100 once every month
Dining Discounts: ₹150 discount on orders above ₹500 with Swiggy
Roadside Assistance: Complimentary roadside assistance

Additional Savings:

Grocery and Utility: Up to 5% savings on grocery and utility expenses
IDFC FASTag Recharge: Up to 5% savings on IDFC FASTag recharge

Insurance and Liability Cover:

Lost Card Liability: Up to ₹50,000 cover for lost card liability
Personal Accident Insurance: Up to ₹5 lakh personal accident insurance cover

Key Highlights of the HPCL IDFC FIRST Bank Power Credit Card

Fuel Savings: Enjoy up to 6.5% savings on HPCL fuel and LPG expenses, including 4% savings on fuel, 1.5% savings as Payback Rewards through the HP Pay App, and 1% fuel surcharge waiver.
Reward Points: Earn 30X Reward Points on HPCL Fuel, grocery, and utility expenses, as well as on IDFC FIRST FASTag recharges for the Power+ variant. Earn 3X Reward Points on other retail transactions. Each reward point is valued at ₹0.25.
Welcome Benefits: Get ₹500 cashback on the first HPCL fuel transaction of ₹500 or above within 30 days of card generation for the Power+ variant, and ₹250 cashback for the Power variant. Additionally, receive 5% cashback up to ₹1000 on the first EMI transaction within 30 days of card set-up.
Lifestyle Privileges: Enjoy complimentary domestic airport lounge access once every quarter with a minimum monthly spend of ₹5,000, ₹150 discount on orders above ₹500 on Swiggy, and 25% off on movie tickets up to ₹100 once every month.
Other Benefits: Get 5% savings on grocery and utility expenses, 5% savings on IDFC FIRST FASTag recharges, personal accident insurance cover of up to ₹5 lakh, and lost card liability cover of up to ₹50,000.

These key highlights demonstrate the attractive benefits and savings offered by the HPCL IDFC FIRST Bank Power Credit Card.

Fees and Charges of the HPCL IDFC FIRST Bank Power Credit Card

Parameter	Fee/Charge
Joining Fee	₹499
Annual Fee	₹499
Add-on Card Fee	Free
Minimum Repayment Amount	5% of the total due
Cash Withdrawal Fee	₹199 per transaction
Card Replacement Fee	₹100
Foreign Transaction Fee	3.5%
Over Limit Penalty	2.5% of the over-limit amount (min ₹550)
Late Payment Fee	15% of Total Amount Due (min ₹100, max ₹1,250)
Fuel Transaction Surcharge	1%
Annual Percentage Rate (APR)	42.00%

It's essential to understand the fees and charges associated with the HPCL IDFC FIRST Bank Power Credit Card to make an informed decision.

Eligibility of the HPCL IDFC FIRST Bank Power Credit Card

Age Requirement: Applicants must be at least 21 years old.
Citizenship: Only Indian citizens are eligible to apply for this card.
Credit Score: A healthy credit score is required for approval.
Credit Usage Ratio: The credit usage ratio must be within an acceptable level.
Income Requirement: Applicants must have an annual income of ₹3 lacs or more.
Existing Card Holders: You are eligible to apply only if you already hold any IDFC FIRST Bank Credit Card. The credit limit is shared with all existing IDFC FIRST Bank Credit Cards.

Card Activation Process

To activate your HPCL IDFC FIRST Power+ Credit Card, you can choose from several convenient options:

Online Activation: Log in to your IDFC FIRST Bank online banking account or mobile app, navigate to the 'Credit Cards' section, and select the option to activate your new card. Enter the required details, such as the card number, expiry date, and the OTP sent to your registered mobile number or email.
Phone Activation: Call the IDFC FIRST Bank Credit Card Customer Care number at 1860 500 9900. Follow the automated instructions or speak with a customer service representative to activate your card. You may need to provide your card details and verify your identity to complete the process.
ATM Activation: Insert your card into an ATM and select the 'Card Activation' option. Follow the on-screen instructions to complete the activation. You may need to enter your PIN or other verification details.
Branch Activation: Visit your nearest IDFC FIRST Bank branch or an HPCL outlet where the card was applied. Provide your card and identification documents to the bank representative, who will assist you in activating the card.

Once your card is activated, you can start earning reward points on your purchases and redeem them for various benefits.

How to Redeem the Points

The HPCL IDFC FIRST Power+ Credit Card offers a flexible reward points system, allowing you to redeem your points in several ways:

Reward Points Conversion: Each reward point is valued at ₹0.25.
Redemption Categories: You can redeem your points in the following categories:
- Fuel and LPG: Points earned on HPCL fuel and LPG purchases can be redeemed directly against future fuel transactions.
- Grocery and Utility: Points earned on grocery and utility expenses can be redeemed for cash credits or used to offset future bills.
- IDFC FASTag: Points earned on IDFC FASTag recharges can be redeemed against future recharges or other eligible transactions.
Redemption Process: To redeem your points, log in to your IDFC FIRST Bank online banking account or mobile app. Navigate to the 'Rewards' or 'Redeem Points' section, select the category for which you want to redeem your points, and follow the instructions to complete the redemption. Alternatively, you can call the customer care number for assistance with the redemption process.
Cash Redemption: You can also convert your reward points into cash credits on your credit card account through the online banking platform or by contacting customer care.

By understanding the reward points system and redemption options, you can make the most of your HPCL IDFC FIRST Power+ Credit Card and enjoy the benefits it offers.