IDFC FIRST Power
IDFC FIRST Bank · Checked 2026-10-09
IDFC FIRST Power is a paid card focused on fuel savings and reward points, charging ₹199 annually before GST.
CardIQ editorial view
Our take
IDFC FIRST Power is a paid card focused on fuel savings and reward points, charging ₹199 annually before GST.
Who it suits
- People who prioritise fuel savings.
- People who prioritise reward points.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 21 points per ₹150 on eligible HPCL fuel purchases.
- Annual fee waived at ₹50,000 eligible annual spend.
Trade-offs to understand
- Fuel reward and transaction caps apply; HP Pay Happy Coins have separate rules.
- Eligible grocery, utility and FASTag spends earn accelerated rewards with category caps.
- Annual fee waived at ₹50,000 eligible annual spend.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 21 points per ₹150 on eligible hpcl fuel purchases valuable enough to clear the fee. Factor in this condition: Fuel reward and transaction caps apply; HP Pay Happy Coins have separate rules.
Compare before deciding
- ICICI Bank HPCL Coral — A similarly priced alternative for comparing reward points and fuel savings.
- IndusInd Bank Jio-bp Mobility+ — A lower-fee way to compare similar strengths in reward points and fuel savings.
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Benefits, limits and conditions
- Fuel reward and transaction caps apply; HP Pay Happy Coins have separate rules.
- Eligible grocery, utility and FASTag spends earn accelerated rewards with category caps.
- Annual fee waived at ₹50,000 eligible annual spend.