When credit cards were first introduced to the Indian market, they were considered a luxurious product that most people might not be able to afford. Since then, lifestyles have undergone a lot of changes, and people are now more willing to try new payment methods.
Credit cards have especially shown a lot of utility for the young, urban population who are setting up their own homes for the first time. Credit cards are especially useful for purchasing electronic appliances and consumer appliances, such as washing machines, refrigerators, etc.
ICICI Bank, one of the most prominent banks in India, has several credit card offerings in the market. All are popular with consumers owing to the wide range of benefits and rewards they offer on the purchase of goods and services.
ICICI Bank, in collaboration with Hindustan Petroleum Corporation Limited (HPCL), launched the HPCL credit card. The card offers a range of benefits and rewards but is especially geared toward saving consumers excess costs while purchasing fuel.
This card can be redeemed against a range of services and earn the cardholders a lot of rewards. If this card is used at any HPCL outlet, the cardholder will not have to bear the 2.5% surcharge which is liable on payment through other credit cards. At every step, this credit card endeavours to reduce your expenses and maximise your earnings.
There are several interesting features and benefits offered by the ICICI HPCL credit card.
Among its many benefits, HPCL credit card benefits include:
The ICICI Bank HPCL credit card can be used globally to make payments at any store or outlet that allows Visa card or Mastercard payments
The annual fee on the ICICI HPCL card can be reversed if you spend more than ₹50,000 through it annually
Your outstanding balance from other credit cards can be transferred to this credit card, which you can then repay through EMIs and availing a lower interest rate
While the HPCL credit card benefits are numerous and attractive, the features of the ICICI Bank HPCL credit card ensure that it remains a sought-after product in the market constantly.
For every ₹100 spent on retail purchases, excluding fuel, 2 payback points are earned by the cardholder
If the card is swiped on ICICI merchant services and swipe machines for making fuel transactions for a maximum of ₹4,000 pumps, the cardholder is eligible for 1% of fuel surcharge.
If the card is swiped on ICICI merchant services and swipe machines for making fuel purchases at HPCL pumps, the consumer can get cashback for up to ₹100.
Types of Charges |
Fees |
Annual Fee (one time) |
₹199 |
Renewal Fee (per annum) |
₹199 |
Charge Slip request |
Nil |
Add-on Card Fee (per annum) |
Nil |
With credit cards being made available by a range of banks in the market, there is immense competition by companies to gain more customers. With this objective, companies are offering different kinds of rewards to appeal to customers. Some of the rewards offered by the ICICI HPCL credit card include the following:
As part of the ICICI Culinary Treats Program, the ICICI HPCL credit card benefits include a minimum 15% of savings on dining bills at more than 2,500 participating restaurants.
The Easy Bill Pay facility on the ICICI HPCL card helps you conveniently and easily pay your regular utility bills, such as for your mobile, electricity, etc.
Twice a month, the HPCL credit card lets you get ₹100 off on movie tickets, if they are booked through bookmyshow.com.
Eligibility Criteria
The applicant must be aged between 21-65 years
It is necessary for the applicant to demonstrate a stable credit history
The salaried applicant needs to have an income of ₹30,000 per month and self-employed needs to have an annual income of ₹6,00,000 or above.
Documents Required
Residence proof (Aadhar Card, Passport, Utility Bills)
Identity proof (Aadhar Card, PAN Card, Driver’s Licence)
Step 1: Visit Bajaj Markets: Visit us online
Step 2: Fill in your details: Help us with a few of your details
Step 3: Check out the list of multiple Credit Cards from ICICI Bank: Compare between the multiple options available
Step 4: Make a Choice!: Select ICICI HPCL Credit Card
Step 5: Submit your form: And you're done!
If you are looking for a credit card which offers benefits in one of the following areas, then you must opt for an ICICI HPCL credit card:
You have been looking for credit cards and specifically for a fuel credit card
You are looking for a fuel credit card with a low annual fee
Apart from low annual fees, you are also looking at getting some special benefits at HPCL petrol stations
Lastly, you are someone who is considering a card that offers services that include roadside assistance
ICICI HPCL credit card benefits include a range of rewards, such as cost-savings on fuel surcharges and discounts on movie tickets.
ICICI HPCL credit card benefits include a range of rewards, such as cost-savings on fuel surcharges and discounts on movie tickets.
The annual fee on the ICICI Bank HPCL credit card is Rs. 199, but it can be reversed by spending more than Rs. 50,000 annually.
It takes approximately 21 days for a new credit card to be processed by the issuing authority.
The late payment charges vary as per the total amount due. If the amount due is less than 100, then the charges are zero. But if the amount due is less than 500, then the charges are ₹100, if the amount due is less than 10,000, then the charges are ₹500. If the amount due is less than 20,000, then the charges are ₹600 and the charges are ₹700 if the amount is more than ₹20,000.
Purchasing tickets online will incur a surcharge of 1.805% of the transaction amount, while in other cases there will be a surcharge of 2.50 percent.