IDFC FIRST HPCL Power+ vs SBI BPCL Octane Credit Card Compared
Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 11 October 2026.
| Feature |  IDFC FIRST HPCL Power+ Credit CardIDFC First Bank7 recent changes → |  SBI BPCL Octane Credit CardState Bank of India3 recent changes → | |
|---|---|---|---|
| Rewards by spend | |||
| Rewards | 0.5% base, up to 5% on utility bills | 0.25% base, up to 2.5% on dining; 6.25% only at partner merchants | |
| UPI payments (scan and pay) | 0.5% | Earns nothing | |
| Online shopping | 0.5% | 0.25% | |
| Dining and food delivery | 0.5% | 2.5% | |
| Groceries | 0.5% | 2.5% | |
| Travel: flights, hotels, trains | 0.5% | 0.25% | |
| Fuel | 0.5%; 5% only at Hindustan Petroleum | 0.25%; 6.25% only at Bharat Petroleum | |
| Bills and recharges | 5% | 0.25% | |
| Rent | 0.5% | Earns nothing | |
| Insurance premiums | Earns nothing | 0.25% | |
| School and college fees | 0.5% | 0.25% | |
| Wallet top-ups | 0.5% | Earns nothing | |
| Taxes and government paymentssame | Not stated | Not stated | |
| Spend abroad or in a foreign currency | 0.5% | 0.25% | |
| Everything else | 0.5% | 0.25% | |
| Card identity | |||
| Card typesame | Fuel | Fuel | |
| Network | RuPay | Visa | |
| Card tiersame | Mid | Mid | |
| Fees | |||
| Joining fee | ₹499 + GST | ₹1,499 + GST | |
| Annual fee | ₹499 + GST | ₹1,499 + GST | |
| Fee waived at | ₹1,50,000 | ₹2,00,000 | |
| Eligibility | |||
| Min age | 21 years | - | |
| Employment typesame | BOTH | BOTH | |
| Min monthly salary | ₹25,000 | - | |
| Rewards | |||
| Reward typesame | Reward points | Reward points | |
| Point valuesame | ₹0 | ₹0 | |
| Fuel surcharge | |||
| Fuel surcharge waiver | No | Yes | |
| Fuel waiver cap | - | ₹100 | |
| Lounge access | |||
| Domestic lounge visitssame | 4 | 4 | |
| International lounge visitssame | 0 | 0 | |
| Lounge condition | Spend Rs 20,000 in the previous month for domestic lounge access | 4 complimentary domestic airport lounge visits a year (1 per quarter) | |
| Forex and international | |||
| Forex markup | None | 3.5% | |
| UPI rewards | |||
| Works on UPI | Yes | No | |
| Redemption | |||
| Redemption fee | ₹99 | - | |
| Page content | |||
| Documents neededsame | PAN card Aadhaar / address proof Income proof (salary slips or ITR) | PAN card Aadhaar / address proof Income proof (salary slips or ITR) | |
| Apply | Apply Now | Apply Now | |
Worth in Rupees at ₹20,000 a Month
- Rewards a year
- ₹3,900
- Fee a year
- ₹0
- You keep
- ₹3,900
- Rewards a year
- ₹1,956
- Fee a year
- ₹0
- You keep
- ₹1,956
At this spend, IDFC FIRST HPCL Power+ Credit Card comes out ₹1,944 a year ahead of SBI BPCL Octane Credit Card. Worked out from each card's published reward rate, caps and fee, on ₹20,000 a month. Your own spend changes the answer: try the rewards calculator.
Best For
- Daily drivers who fill up at HPCL
- Households with regular utility bills
- People who want a low-fee card that works on UPI
- Heavy drivers who fuel at BPCL
- Families with regular dining and grocery bills
- People wanting lounges on a mid-fee card
Watch-Outs
- Only 0.5% on everyday spends outside fuel, grocery and bills
- Fuel rewards capped at Rs 600 a month
- Lounge access needs Rs 20,000 spend in the previous month
- Only about 0.25% on other spends
- Monthly caps on the 25X and 10X rates
- Fuel rewards only at BPCL pumps
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Questions People Ask
Which has the lower annual fee, IDFC FIRST HPCL Power+ Credit Card or SBI BPCL Octane Credit Card?
IDFC FIRST HPCL Power+ Credit Card. IDFC FIRST HPCL Power+ Credit Card: ₹499; SBI BPCL Octane Credit Card: ₹1,499. Check whether a spend-based waiver applies before you decide.
Which is better for spending abroad?
IDFC FIRST HPCL Power+ Credit Card has the lowest forex markup. IDFC FIRST HPCL Power+ Credit Card: 0%; SBI BPCL Octane Credit Card: 3.5%. The markup is charged on every foreign-currency transaction, before GST.
Which earns more on everyday spending?
On spends outside any bonus category: IDFC FIRST HPCL Power+ Credit Card 0.5%, SBI BPCL Octane Credit Card 0.25%. Bonus categories, rates limited to named merchants and monthly caps change the picture, so compare the rewards by spend too.
Which gives airport lounge access?
IDFC FIRST HPCL Power+ Credit Card: 4 domestic lounge visits a year; SBI BPCL Octane Credit Card: 4 domestic lounge visits a year. Some cards need a minimum spend in the quarter before a visit counts, so check the lounge terms.
Can I hold more than one of these cards?
Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.
Work Out the Numbers
Other Comparisons
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- SBI BPCL Octane Credit Card vs SBI BPCL Credit CardSide by side →
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- SBI BPCL Octane Credit Card vs IDFC FIRST Power Credit CardSide by side →
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Guides in Plain Words
Short reads that explain how it works before you decide.
- GuidesBest Credit Cards Under ₹500 a Year in India (2026)Credit cards with an annual fee of ₹500 or less (before GST) in 2026, ranked by the reward rate each bank states, with fee waivers.Read the guide →
GuidesNo-Cost EMI: What It Really Costs You, With a Worked ExampleNo-cost EMI is not a trick, but it is rarely free. Here is where the money goes: the discount you give up, the processing fee, and GST on the interest, worked out on a Rs 30,000 phone.Read the guide →- GuidesBest Online Shopping Credit Cards in India (2026)The credit cards that pay the most back on online shopping in 2026, which sites count, the monthly cap and the annual fee.Read the guide →
