IDFC

HPCL Power Plus Credit Card

Good for HPCL purchases.

IDFC FIRST VISA

HPCL Power Plus

Should you get this?

Conditional fit

Verified

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.

Issuer evidence · 9 sources →

Trade-off

The annual fee (₹499) is waived only after ₹1,50,000 of eligible annual spend.

Annual fee ₹499 per year

Base cashback 1%

Lounge access 1 per quarter

Forex markup 3.5% high

Compare with Axis Bank ACE →

Similar tier comparison

Rewards

Earning rules

Detail · from the summary above

General spend1%——

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

Annual fee break-even math

When does this card pay for itself

₹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 →

Unknowns

Reward value unresolved

Reward value unclear

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds

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

Lounge access spend gate₹20,000quarterLounge eligibilitytrivialstrong

Watch outs

Before choosing this card

Forex markup is 3.5%, so frequent international spends may be costly.
Reward point value isn't clearly documented yet, so overall returns may vary.

Estimated usage

Example usage at this monthly spend

₹

At this monthly spend, you'd earn: ~₹500/month back (base earn · uses base/general earn rate; partner and category bonuses not included)
~₹6,000/year back · net +₹5,500 after ₹499 fee
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 facts

Benefits

Lounge Access

Domestic (cardholder): 1 per quarter · verified 12 Jun 2026 Condition: ₹20,000 spend in the calendar quarter

2 sources agree · verify issuer terms before applying

Where to verify

PaisaBazaar
Operator-verified anchor
International (cardholder): Not included International details not available.

2 sources agree · verify issuer terms before applying

Where to verify

PaisaBazaar
Operator-verified anchor

Rewards

Base cashback: 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
Fee waiver spend: ₹1,50,000 Below catalog median waiver (₹2,00,000 vs ₹1,50,000).
Interest-free period: Up to 45 days · verified 7 Jul 2026

International Use

Forex markup: 3.5% (verify with issuer)

2 sources agree · verify issuer terms before applying

Where to verify

CardInsider
Issuer site (verified manually) , opens external site
Issuer site (verify current terms) , opens external site
Product tier: Entry-level

Travel & perks

Fuel Benefits

At the pump

No verified fuel benefit available.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits

SIDE BY SIDE

IDFC FIRST Bank HPCL Power Plus

Axis Bank ACE

SIDE BY SIDE

IDFC FIRST Bank HPCL Power Plus

HDFC Bank Tata Neu Plus RuPay

SIDE BY SIDE

IDFC FIRST Bank HPCL Power Plus

SBI Card Tata Neu Plus

SIDE BY SIDE

IDFC FIRST Bank HPCL Power Plus

Axis Bank IndianOil Axis Bank Premium RuPay

The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

Monthly cap:2,400 cashback per month; at 30 cashback / ₹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.

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 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies at ₹1,50,000 annual spend. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

A welcome benefit worth ₹1,650 is listed, but timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Learn

Learn more

Guides matched to this card — not a random syllabus.

All guides →