Which card has a lower forex fee: IDFC FIRST HPCL Power Plus Credit Card or Tata Neu Plus SBI Card?

Both cards have the same forex markup (3.5%).

Which card has a lower annual fee: IDFC FIRST HPCL Power Plus Credit Card or Tata Neu Plus SBI Card?

Both cards have the same annual fee (₹499 annual fee).

Which card offers better lounge access?

IDFC FIRST HPCL Power Plus Credit Card: 1 per quarter domestic lounge. Tata Neu Plus SBI Card: 1 per quarter domestic lounge.

Which card has a higher base reward rate?

Both cards have similar conservative base reward value (~1%).

Pairwise comparison Compare 3+ cards →

IDFC FIRST Bank HPCL Power Plus vs SBI Card Tata Neu Plus Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the IDFC FIRST Bank HPCL Power Plus and the SBI Card Tata Neu Plus. Verify fees, lounge access, forex markup, and base rewards before you apply.

HPCL Power Plus

Tata Neu Plus

The short answer

Verdict

Pick Tata Neu Plus for upi.

Head-to-head

Three core metrics

Annual fee

HPCL Power Plus ₹499 Waivable at ₹1,50,000 spend

Tata Neu Plus ₹499 Waivable at ₹1,00,000 spend
Forex markup

HPCL Power Plus 3.5%

Tata Neu Plus 3.5%
Domestic lounge

HPCL Power Plus 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹20,000 spend in the previous month (unlocks the following month)

Tata Neu Plus 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹50,000 spend in the previous calendar quarter (unlocks the following quarter)

Reward earning explained

Per card

HPCL Power Plus

1% · Up to 30 pts / ₹150 on HPCL

Strong data

Tata Neu Plus

1 NeuCoins / ₹100 · Up to 5 NeuCoins / ₹100 on Tata Neu Select Accelerated

Strong data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (IDFC FIRST Bank HPCL Power Plus: ₹499 vs SBI Card Tata Neu Plus: ₹499), forex markup (3.5% vs 3.5%), or lounge access (4/year (1 per quarter) vs 4/year (1 per quarter)).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.
Lounge access Tie

Both cards are similar for lounge access

Domestic lounge access is 1 per quarter.
Rewards Tie

Both cards are similar for rewards

IDFC FIRST Bank HPCL Power Plus conservative base value ~1% vs SBI Card Tata Neu Plus's ~1%. SBI Card Tata Neu Plus conservative base value ~1% vs IDFC FIRST Bank HPCL Power Plus's ~1%.
upi SBI Card Tata Neu Plus wins

SBI Card Tata Neu Plus is better for UPI usage

SBI Card Tata Neu Plus is stronger here. Supports UPI via RuPay network.

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

IDFC FIRST HPCL Power Plus: ~₹500/month at base rate
Tata Neu Plus SBI Card: ~₹500/month at base rate

Illustrative only, using current base rates before caps.

Field	HPCL Power Plus IDFC FIRST Bank	Tata Neu Plus SBI Card
Insurance — Personal accident cover Only available for IDFC FIRST HPCL Power Plus	₹2 lakh	Not specified
Insurance — Lost card liability cover Only available for IDFC FIRST HPCL Power Plus	₹25,000	Not specified
Insurance — Underwriter Only available for IDFC FIRST HPCL Power Plus	Insured by New India Assurance	Not specified
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats	4/year (1 per quarter)	4/year (1 per quarter)
International lounge visits Only available for Tata Neu Plus SBI Card	Not specified	No international lounge access
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Recurring annual fee	₹499	₹499
Annual-fee waiver ₹1,50,000 vs ₹1,00,000	₹1,50,000	₹1,00,000
Interest-free period Up to 45 days vs Up to 50 days	Up to 45 days	Up to 50 days
Monthly interest rate 3.85% / month vs 3.75% / month	3.85% / month	3.75% / month
Fuel benefit Only available for IDFC FIRST HPCL Power Plus	No surcharge waiver	Not specified
Rewards
Base earn 1% vs 1 NeuCoins / ₹100	1%	1 NeuCoins / ₹100
Conservative base value	~1%	~1%
Earn ceiling 2,400 points per month; at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend vs 1,000 NeuCoins per month; at 1 NeuCoins / ₹100, this lane reaches the cap at ₹1,00,000 of eligible spend	2,400 points per month; at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend	1,000 NeuCoins per month; at 1 NeuCoins / ₹100, this lane reaches the cap at ₹1,00,000 of eligible spend
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for Tata Neu Plus SBI Card	Not specified	₹1

Notes

IDFC FIRST HPCL Power Plus Credit Card: Condition: ₹20,000 spend in the previous month (unlocks the following month)
Tata Neu Plus SBI Card: Condition: ₹50,000 spend in the previous calendar quarter (unlocks the following quarter)
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

IDFC FIRST Bank HPCL Power Plus

Verify with issuer

SBI Card Tata Neu Plus

Verify with issuer