- The HPCL - IDFC FIRST Bank Credit Card will be on RuPay network
- It will cover a range of mobility (and beyond) requirements of customers including fuel, utility, lifestyle and a host of attractive merchant offers
- IDFC FIRST Bank, HPCL and RuPay contribute to the government’s Make in India initiative through this partnership
Mumbai, 06 April 2023: In an endeavour to offer the best services to customers, HPCL and IDFC FIRST Bank have partnered to launcha co-branded fuel credit card on the RuPay platform.Available in two variants – FIRST Power and FIRST Power+,this card is designed not only to give consumers more savingson their mobility and utilityspends, butalso offers a host of powerful privileges to address their lifestyle needs.
IDFC FIRST Bank will issue the FIRST Power and FIRST Power+ Credit Cardsthrough its website, app, at select IDFC FIRST Bank branches, and select HPCL pumps/locations. With smart and simple digitial onboarding solutions, consumers can apply for this card from anywhere.
Features and Benefits:
- Introductory joining fee waiver:
- There is a joining fee of Rs. 199 for FIRST Power and Rs. 499 for FIRST Power+. As an introductory offer, both variants are being offered with no joining fee.
- There is an annual fee on both variants (Rs. 199 for FIRST Power and Rs. 499 for FIRST Power+), which will be waived for customers meeting the annual spend threshold.
- IDFC FIRST Bank Credit Cards’ unique proposition: dynamic interest rates, starting as low as 9% p.a.
- Never expiring reward points which are as good as cash (redeemable anywhere online)
- Value back for Customers:
- FIRST Power: Up to 2.5% value back (in the form of Reward Points) on Fuel and LPG purchases, FasTag top-ups, grocery and utility spends and 2X Rewards on other eligible spends
- FIRST Power+: Up to 4.0% value back (in the form of Reward Points) on Fuel and LPG purchases. Upto 5.0% value back on FASTag top-ups, grocery and utility expenses and 3X Rewards on other eligible spends
- 5% saving on fuelspends on HP Pay app which includes surcharge waiver, value back and 1.5% cashback by HPCL.
- Powerful lifestyle privileges like Airport Lounge access, movie discounts on FIRST Power+
- All customers get complimentary Road Side Assistance worth Rs. 1,399 and insurance coverage
IDFC FIRST Bank is a new-age private sector bank in India that prioritises customer-centricity and aims to provide a seamless banking experience to its customers by leveraging technology-backed innovative solutions just like HPCL, that has always had a strong focus on adding value to customer’s life. Through this credit card partnership, both IDFC FIRST Bank and HPCL aim to bring in extra savings on consumers’ mobility needs, utility needs and everyday expenses.
