ICICI Bank HPCL Super Saver Credit Card
The ICICI Bank HPCL Super Saver Credit Card is a co-branded fuel credit card launched in partnership with HPCL. It offers both cashback and reward points on all types of spending, not just fuel. With an annual fee of ₹500, cardholders get welcome benefits like bonus reward points and cashback. The card allows users to save up to 5% on purchases and comes with extra perks such as airport lounge access, discounts on dining and movies, and a renewal fee waiver based on spending.
ICICI Bank HPCL Super Saver Credit Card is a great option for those who frequently spend on fuel, groceries, and utilities. It offers 4% cashback and a 1% fuel surcharge waiver at HPCL petrol pumps, along with reward points on other expenses. Users also get free domestic lounge access and discounts on movie tickets. With benefits like 24/7 roadside assistance and a 0.5% reward rate on other purchases, this card provides good value for everyday spending.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
What benefits do I get on fuel purchases?
You get 4% cashback and a 1% surcharge waiver at HPCL fuel stations, totaling 5% savings.
Does this card offer international lounge access?
No, it only includes access to domestic airport lounges.
How can I redeem my ICICI Reward Points?
You can redeem points for cashback, gifts, or vouchers through ICICI Bank’s Reward Redemption Portal or by contacting customer care. The redemption value may vary.
Does this card offer golf privileges?
No, it does not include any golf benefits.
Are there other HPCL co-branded credit cards?
Yes, HPCL has partnered with IDFC FIRST Bank and Bank of Baroda to offer cards like IDFC FIRST Power, IDFC FIRST Power Plus, and BOB Energie.
If I spend ₹10,000 on fuel monthly, how much can I save?
The card offers a maximum of ₹200 cashback per month, covering up to ₹4,000 in fuel spending at HPCL outlets. Any amount beyond this won’t earn cashback or reward points.
Can I upgrade my ICICI Platinum Chip Credit Card to this one?
Upgrade eligibility depends on ICICI Bank’s criteria. Contact customer support or your relationship manager to check if you qualify.
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