Base earn
1% base cashback
IDFC FIRST VISA
HPCL Power Plus
Should you get this?
Conditional fit
Why this card
- Up to 30 pts / ₹150 on HPCL
- You spend on hPCL.
- HPCL spends are your main use case and the reward cap still leaves enough value.
Trade-off
The annual fee (₹499) is waived only when eligible annual spend exceeds ₹1,50,000.
Annual fee ₹499 per year
Base cashback 1%
Lounge access 1 per quarter · ₹20,000 spend in the previous month
Forex markup 3.5% high
Compare with Axis Bank ACE →
Similar tier comparison
Rewards
Earning rules
Detail · from the summary aboveScopeRateEligibilityLimit
General spend1%——
HPCL (domestic)30 pts / ₹150Credited as reward points2,400 points per month; at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend
When does this card pay for itself?
Rewards break-even estimate ₹50K
Conservative yearly spend needed at base cashback rates.
Reward reality — the earning-rate detail behind the numbers above
Reward reality
Conclusion · what you actually getCaps
- HPCL (domestic)2,400 points per month
Why?
at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocks
Annual fee waiver₹1,50,000yearAnnual fee waiver
Domestic lounge spend gate₹20,000monthLounge eligibility
Watch outs
Before choosing this card- Forex markup is 3.5%, so frequent international spends may be costly.
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: Up to ₹500 base cashback if the entire ₹50,000 qualifies for the general-spend lane · uses base/general earn rate; partner and category bonuses not included
- ~₹6,000/year base cashback · renewal annual fee waived at this spend (joining fee may still apply in year 1)
- Fee waiver achievable at this spend
- Forex cost ~₹1,750 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic (cardholder)
- 1 per quarter · verified 12 Jun 2026 Condition: ₹20,000 spend in the previous month (unlocks the following month) · Official FIRST Power+ privileges: spends from the first through last day of a calendar month qualify lounge access in the next month.
- International (cardholder)
- No international lounge entitlement documented by the issuer Absence of an international claim is not proof of exclusion. Confirm with the issuer or network programme.
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- PaisaBazaar
- Operator-verified anchor
Rewards
- Base earn
- 1% base cashback
- Reward type
- Cashback
- Point validity
- Points expire 2 years after earning · verified 7 Jul 2026
Insurance Cover
- Personal accident cover
- ₹2 lakh · verified 5 Jul 2026
- Lost card liability cover
- ₹25,000 · verified 5 Jul 2026
- Underwriter
- Insured by New India Assurance · verified 7 Jul 2026
Fees & charges
Fees
- Monthly interest rate
- 3.85% / month
- Annual fee
- ₹499
- Joining fee
- ₹499 · verified 3 Sept 2026
- Fee waiver spend
- Above ₹1,50,000 · verified 3 Sept 2026 Annual fee waived on eligible anniversary-year spend above ₹1,50,000.
- Interest-free period
- Up to 45 days · verified 7 Jul 2026
International Use
- Forex markup
- 3.5%
Issuer documented · corroborating sources · verify issuer terms before applying
Where to verify
- CardInsider
- Operator-verified anchor
- Issuer site (verify current terms) , opens external site
- Product tier
- Entry-level
Travel & perks
Fuel Benefits
At the pump- No fuel surcharge waiver is available on this card.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshCaps & limits
- HPCL cap: 2,400 points per month; at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend.
Latest update
- Annual fee: ₹499.
- Forex markup currently listed at 3.5%.
- 1 per quarter domestic lounge · ₹20,000 spend in the previous month.
Common questions
From verified card factsIs this good for lounge access?
1 per quarter domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.
Is this good for international spends?
Forex markup is 3.5%, so frequent international spends may be costly.
Is the annual fee easy to recover?
Fee waiver applies above ₹1,50,000 annual spend. Verify eligible spend exclusions before counting on it.
When do welcome benefits arrive?
Legacy data contains a possible welcome-benefit signal, but the benefit item, qualification, and fulfilment are not verified. Check the issuer welcome email, MITC, and current offer page before relying on it.
Learn more
Guides matched to this card — not a random syllabus.
- Cashback vs points
When simple cash beats flashy miles - Billing cycle
Statement date vs due date, clearly - How interest works
The real cost of paying the minimum