HDFC Bank Biz Power Visa Credit Card vs IDFC First Select Visa Credit Card: Which is Better in 2026?
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In short: IDFC First Select has the lower annual fee (none vs ₹2,500); HDFC Biz Power includes 16 airport lounge visits a year, IDFC First Select 2 airport lounge visits a quarter; IDFC First Select has the lower forex markup (0% vs 2%).
| Key facts | HDFC Biz Power | IDFC First Select |
|---|---|---|
| Annual fee | ₹2,500 | None |
| Joining fee | ₹2,500 | None |
| Annual fee waived | On ₹4 lakh annual spend | Not listed |
| Lounge access | 16 airport lounge visits a year | 2 airport lounge visits a quarter |
| Forex markup | 2% | 0% |
From issuer benefit data, checked 24 Oct 2026. Rewards, milestones and welcome benefits are in the full table below.
The Hdfc Bank Biz Power Visa Credit Card and the Idfc First Select Visa Credit Card cater to different user needs with distinct fee structures, rewards, and travel benefits. HDFC's Biz Power card offers higher reward points on business-related spends and extensive lounge access, while IDFC First Select emphasizes fee-free usage and zero forex markup. Both cards provide unique welcome benefits and reward accelerations targeted at specific spending categories.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Hdfc Bank Biz Power Visa Credit Card | Idfc First Select Visa Credit Card |
|---|---|---|
| Bank | HDFC Bank | IDFC First Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.2500 | No Joining Fees |
| Annual / renewal fee | Renewal Fee of Rs.2500 | No Annual Fee |
| Annual fee waiver | Spend Rs.4 Lakhs For Renewal Fee Waiver | — |
| Reward rate (headline) | Earn 4 Reward Points Per Rs.200 | 3X Reward Points Upto Spends Rs.20000 |
| Lounge — domestic | 16 Complimentary Airport Lounge Access Per Year | 2 Complimentary Airport Lounge Access Per Quarter |
| Lounge — international | 6 Complimentary International Lounge Access | — |
| Welcome benefit | Get Amazon Prime Annual Membership | 5% Cashback on EMI |
| Foreign currency markup | 2% - Foreign Currency Transactions | 0% - Zero Forex Markup |
Which is better for rewards?
The Hdfc Bank Biz Power Visa Credit Card offers a higher base reward rate of 4 points per Rs.200 spent, with accelerated 5X points on various business-related payments such as bill payments, GST, and Google Ads, making it more rewarding for business users. In contrast, the Idfc First Select Visa Credit Card provides 3X reward points up to Rs.20,000 spend and 10X points on crossing that threshold and on birthdays, which may appeal to users with varied spending patterns. Overall, HDFC's card is better suited for consistent business-related rewards, while IDFC's card offers attractive multipliers on specific occasions and spending milestones.
Which is better for travel?
For travel benefits, the Hdfc Bank Biz Power Visa Credit Card clearly leads with 16 complimentary domestic airport lounge accesses per year and 6 international lounge accesses, catering well to frequent travelers. The Idfc First Select Visa Credit Card offers 2 complimentary domestic lounge accesses per quarter but lacks international lounge access. Additionally, HDFC's card includes an Amazon Prime annual membership, which can enhance travel and entertainment experiences. Therefore, HDFC's card is more travel-focused and beneficial for users who value lounge access and related perks.
Which has lower effective cost?
When it comes to fees, the Idfc First Select Visa Credit Card is more beginner-friendly with no joining or annual fees, making it a cost-effective choice for users who prefer minimal charges. Conversely, the Hdfc Bank Biz Power Visa Credit Card has a joining and renewal fee of Rs.2500 each, with a renewal fee waiver available only after spending Rs.4 Lakhs annually, which might be a high threshold for some users. Additionally, HDFC charges a 2% forex markup, whereas IDFC offers zero forex markup, benefiting users who frequently transact in foreign currencies.
Forex Charges
The Hdfc Bank Biz Power Visa Credit Card charges a 2% forex markup on foreign currency transactions, which adds to the cost for international spends. In contrast, the Idfc First Select Visa Credit Card offers zero forex markup, making it more economical for users who frequently transact abroad or shop from international merchants.
Reward Point Caps and Redemption
HDFC's Biz Power card has specific capping on reward points for categories like grocery and insurance, and accelerated points on business tools, which may limit rewards beyond certain spends. IDFC First Select provides 3X points up to Rs.20,000 and 10X points on crossing that spend, along with a fixed redemption rate of 1 point = Rs.0.25, which could simplify reward value understanding and redemption.
Who should pick Hdfc Bank Biz Power Visa Credit Card?
Consider Hdfc Bank Biz Power Visa Credit Card if you are a business user seeking higher reward points on business-related expenses and frequent traveler who values extensive airport lounge access, including international lounges. This card is suitable if you can meet the high spending requirement to waive the renewal fee and want benefits like Amazon Prime membership bundled with your card.
Who should pick Idfc First Select Visa Credit Card?
Consider Idfc First Select Visa Credit Card if you prefer a no-fee credit card with zero forex markup and moderate reward points on everyday and milestone spends. It suits users looking for a cost-effective option with some lounge access and cashback on EMI payments, especially if you want to avoid annual fees and foreign transaction charges.
Frequently Asked Questions
Yes, the renewal fee of Rs.2500 is waived if you spend Rs.4 Lakhs in a year.
No, the Idfc First Select Visa Credit Card has no joining or annual fees.
The Hdfc Bank Biz Power Visa Credit Card offers 16 domestic and 6 international complimentary lounge accesses annually, whereas the Idfc First Select Visa Credit Card offers 2 domestic lounge accesses per quarter with no international lounges.
HDFC's Biz Power card charges a 2% forex markup, while IDFC First Select card has zero forex markup.
Yes, HDFC's Biz Power card offers an Amazon Prime annual membership, and IDFC First Select card provides 5% cashback on the first EMI transaction and a Rs.500 welcome voucher on spending Rs.5000.