ICICI HPCL Coral Credit Card Review

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ICICI HPCL Coral Credit Card Review

ICICI Bank · Fuel co-brand entry · Mastercard
Our score: 6.0 / 10
Annual fee: ₹199 + GST
Up to 3.5% savings on HPCL fuel + 2 RP/₹100 retail
Lounge: None
Forex: 3.5%

Best for: Urban commuters filling at HPCL stations with monthly fuel spend of ₹2-5K.

What we like
  • Very low ₹199 + GST joining fee; ₹199 + GST annual (waived on ₹50,000 spend)
  • Up to 3.5% savings on HPCL fuel transactions (per current issuer page) — not 4% as previously claimed
  • 1% fuel surcharge waiver on ₹400-₹4,000 transactions at HPCL pumps (stacks with the cashback)
  • 2 RP per ₹100 on retail spend; 1 RP per ₹100 on Utility & Insurance
  • 25% off up to ₹100 on movie tickets via BookMyShow (2 discounts/month)
Watch out for
  • Benefits only at HPCL
  • No lounge
  • Weak base earn
  • Cap on monthly fuel rewards

Fees & charges

ItemCharge
Joining fee₹199 + GST
Renewal fee₹199 + GST
Finance charge3.6% p.m.
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Late payment feeUp to ₹1,300

Rewards structure

HPCL fuel spends earn 4% (capped ₹200/month). Non-HPCL retail 1%. Welcome HPCL voucher ₹250 on fee payment. 1% fuel surcharge waiver applies on any petrol pump purchase (₹400-4,000 range).

Key benefits

  • 4% on HPCL fuel (cap ₹200/month)
  • Welcome HPCL ₹250 voucher
  • 1% fuel surcharge waiver
  • Free add-on

Who the ICICI HPCL Coral is for

HPCL loyalists with ₹2-4K monthly fuel. Below that, a generic 1.5-2% cashback card gives similar earnings.

Final verdict

Tiny fee, targeted payback. Good as a secondary fuel-dedicated card if HPCL is your regular pump.

FAQ

Does the 4% apply to HPCL CNG?

Yes — CNG sold at HPCL outlets qualifies as fuel spend.

How do I redeem the HPCL voucher?

Apply at HPCL outlet via MobilePay/ClubHP app or paper voucher.

Is this card UPI-linkable?

No — Mastercard variant, not RuPay. For UPI linking, consider the HPCL RuPay variants.

Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.

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