IDFC

HPCL Power Plus Credit Card

Good for international travel and zero-forex spending.

IDFC FIRST VISA

HPCL Power Plus

Should you get this?

Conditional fit

Confirm terms with the issuer

Why this card

Forex markup is listed as 0%.
Up to 30 pts / ₹150 on HPCL
You spend on hPCL.

Issuer evidence · 4 sources →

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 0% zero forex

Compare with Axis Bank ACE →

Similar tier comparison

Rewards

Earning rules

Detail · from the summary above

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 get

Base earn

1% base cashback

Caps

HPCL (domestic)2,400 points per month
Why?
at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend

View full earning rules →

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds

Annual fee waiver₹1,50,000yearAnnual fee waiver

Domestic lounge spend gate₹20,000monthLounge eligibility

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

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts

Benefits

Lounge Access

Domestic (cardholder): 1 per quarter 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.

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

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: 0%

Issuer documented · single source · verify on issuer site

Where to verify

Operator-verified anchor
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 benefits

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IDFC FIRST Bank HPCL Power Plus

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The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & 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 0%.
1 per quarter domestic lounge · ₹20,000 spend in the previous month.

Common questions

From verified card facts

Is 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 0%, which can be useful for international spends if the annual fee and usage pattern still make sense.

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

Learn more

Guides matched to this card — not a random syllabus.

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