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.
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