IDFC FIRST Power Credit Card - Apply to get instant rewards!
30 Dec 2024 6 mins Credit Cards
In today’s world, where expenses are constant, a credit card that helps you save money while offering premium benefits is essential. The IDFC FIRST Power Credit Card is packed with features, offering significant savings on fuel, groceries, utilities, and more. Whether you're looking for rewards, convenience, or airport lounge access, this card delivers unmatched value. Let’s explore everything about the card, including its benefits, charges, eligibility, and how to apply.
What Is the IDFC FIRST Power Credit Card?
The IDFC FIRST Power Credit Card is a thoughtfully designed credit card that provides exceptional savings on everyday expenses and offers premium lifestyle privileges. From rewards on groceries to airport lounge access, this card is ideal for those seeking both savings and luxury.
IDFC FIRST Power Credit Card Benefits
Fuel Savings
One of the key benefits of the IDFC FIRST Power Credit Card is up to 5% savings on fuel expenses at HPCL stations. This feature helps you manage fuel costs efficiently, making it a top choice for frequent commuters.
Grocery & Utility Rewards
Earn 2.5% rewards on all grocery and utility transactions. Whether you’re paying for essentials or household bills, the card ensures you save every time.
FASTag Recharge Benefits
Travel becomes even more rewarding with 2.5% rewards on IDFC FIRST FASTag recharges. Road trips and toll expenses now come with added savings.
2X Rewards on Retail Transactions
Enjoy 2X rewards on other retail purchases, making every shopping spree more rewarding. Whether it’s dining, entertainment, or retail, this feature ensures maximum benefits.
Airport Lounge Access
Looking for comfort during travel? The IDFC FIRST Power Credit Card airport lounge access provides exclusive access to domestic lounges, ensuring you relax in style before your flight.
Welcome Benefits to Kickstart Your Savings
The IDFC FIRST Power Credit Card ensures you enjoy rewards from day one with exciting welcome offers:
₹250 cashback on your first HPCL fuel transaction of ₹250 or more.
5% cashback (up to ₹1,000) on your first EMI conversion.
₹1,000 discount on Zoomcar rentals.
Up to 50% discount on domestic and international car rentals with Eco Rent A Car and Europcar.
These offers are valid within 30 days of card setup, ensuring you start saving right away.
IDFC FIRST Power Credit Card Charges
Understanding the fees and charges is essential to make the most of your credit card.
Joining and Annual Fee:
Joining Fee: ₹199
Annual Fee: ₹199 (waived off if you spend ₹50,000 in the previous year).
Other Charges to Know
Interest Rates: Low interest rates starting from 0.75% to 3.65% per month (9% to 43.8% annually).
Over Limit Charges: 2.5% of the over-limit amount, with a minimum fee of ₹550.
Late Payment Fees: 15% of the total amount due (minimum ₹100, maximum ₹1,300).
ATM Cash Withdrawals: Interest-free for up to 45 days, with a nominal withdrawal fee of ₹199 per transaction.
With such low charges and interest rates, the IDFC FIRST Power Credit Card charges are highly competitive and affordable.
IDFC FIRST Power Credit Card Eligibility
Criteria | Details |
Age | 21–60 years for salaried and self-employed individuals |
Income | A stable income source to demonstrate repayment capacity |
Credit Score | A good credit score is required for approval |
To apply for the IDFC FIRST Power Credit Card, you need to meet the following eligibility criteria:
Age: 21–60 years for salaried and self-employed individuals.
Income: A stable income source to demonstrate repayment capacity.
Credit Score: A good credit score is required for approval.
Meeting the IDFC FIRST Power Credit Card eligibility ensures a smooth and hassle-free application process.
How to Apply for the IDFC FIRST Power Credit Card
Applying for the IDFC FIRST Power Credit Card is simple and can be done both online and offline:
Online Application:
Visit the official IDFC FIRST Bank website.
Select the “IDFC FIRST Power Credit Card Apply” option.
Fill out the application form with your details and submit the required documents.
Offline Application:
Visit your nearest IDFC FIRST Bank branch.
Fill out the application form and submit your documents to the bank representative.
Once your application is approved, the card will be delivered to your address.
Why Choose the FIRST Power Credit Card?
The IDFC FIRST Power Credit Card stands out because of its unique blend of savings, rewards, and lifestyle benefits:
Save on essentials like fuel, groceries, and utilities.
Enjoy premium privileges like airport lounge access and discounts on car rentals.
Flexible repayment options with low-interest rates and EMI facilities.
Affordable charges with annual fee waivers.
Whether you’re a traveler, shopper, or commuter, this card caters to your every need.
Conclusion
The IDFC FIRST Power Credit Card is a perfect choice for individuals seeking significant savings and premium benefits. From fuel savings and grocery rewards to airport lounge access and personal accident coverage, this card is designed to offer unmatched value. Its low charges and easy eligibility make it accessible to a wide range of users. Apply today and unlock the power of savings and convenience!
FAQs
1. How can I apply for the IDFC FIRST Power Credit Card?
You can apply online through the IDFC FIRST Bank website or visit the nearest branch to apply offline.
2. What are the benefits of the IDFC FIRST Power Credit Card?
The card offers fuel savings, grocery rewards, FASTag benefits, and airport lounge access, along with flexible EMI options.
3. What are the charges for the IDFC FIRST Power Credit Card?
The joining and annual fee is ₹199, which is waived if you spend ₹50,000 annually. Low interest rates and minimal fees make it cost-effective.
4. Who is eligible for the IDFC FIRST Power Credit Card?
Salaried and self-employed individuals aged 21–60 with a good credit score and stable income are eligible.
5. Does the card offer airport lounge access?
Yes, the IDFC FIRST Power Credit Card airport lounge access provides exclusive access to domestic lounges for a premium travel experience.
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Author - Abhishek Sonawane
Abhishek Sonawane, an MBA graduate from the prestigious Indian Institute of Management Visakhapatnam (IIMV), brings over ten years of experience in the finance domain. His extensive background includes various roles in financial management and strategy, providing him with a comprehensive understanding of the financial landscape. Abhishek’s expertise and dedication to financial education make him an authoritative voice in personal finance, helping readers make informed financial decisions.