BoB HPCL Energie Credit Card Review 2026
Bank of Baroda’s HPCL co-brand delivers a strong 5% effective reward on HPCL fuel purchases, plus 4% on grocery, dining and movies — making it one of the most balanced fuel-lifestyle co-brands in the Indian market for ₹499/year.
Fees and charges at a glance
| Charge | Amount |
|---|---|
| Joining fee | ₹499 + GST (one-time) |
| Annual fee (2nd year onwards) | ₹499 + GST |
| Annual fee waiver | Spend ₹35,000 in the previous year |
| Add-on card fee | Free for life |
| Finance charges | 3.49% per month (41.88% p.a.) |
| Cash advance fee | 2.5% of amount or ₹500 (whichever is higher) |
| Late payment fee | Up to ₹1,300 based on outstanding |
| Foreign currency markup | 3.5% + GST |
| Fuel surcharge waiver | 1% on ₹400–₹5,000 HPCL transactions, capped ₹250/month |
Reward structure — how HPCL points work
The card earns BOBCARD Reward Points (redeemable as fuel value at HPCL outlets) per the issuer’s value structure. Fuel earn applies on HPCL retail outlet purchases, LPG and HP Pay App transactions; HP Pay wallet-load transactions are excluded from the 5% savings tier. Earlier copy that listed 12 RP per ₹150 on grocery/dining/movies and 4 RP per ₹150 on other spends overstated the actual rates published on the issuer page.
| Spend Category | Points per ₹150 | Effective Value Back |
|---|---|---|
| HPCL fuel stations (via card swipe or HPCL PayZapp) | 24 HPCL points | 5.0% (1 point = ₹0.31 fuel value) |
| Utility & Departmental Store spends | 10 Reward Points | ~2% savings (issuer-confirmed) |
| All other spend (other categories) | 2 Reward Points | ~0.4% |
| Monthly cap on HPCL points at fuel stations | 2,880 points | Equivalent to ₹18,000 HPCL spend/month |
Welcome benefit
- 500 HPCL Drive Track Points on first transaction within 45 days (worth ₹155 in fuel)
- Joining fee waiver offers are often available at HPCL outlets as part of on-site marketing — always ask before applying directly with BoB
Where this card falls short
Monthly reward calculator
Estimate your annual savings on the BoB HPCL Energie
Eligibility and documents
- Age: 21–65 years (primary applicant)
- Income: ₹3.6 lakh+ annual (salaried) / ₹4 lakh+ ITR (self-employed)
- KYC: PAN, Aadhaar, salary slip / 6-month bank statement, address proof
- Credit score: CIBIL 720+ recommended
- Existing Bank of Baroda savings / salary account holders get preferential approval
Compared with alternatives
| Card | Fuel earn | Annual Fee | Other categories |
|---|---|---|---|
| BoB HPCL Energie | 5% on HPCL | ₹499 | 2.5% on grocery/dining |
| ICICI HPCL Coral | 4% on HPCL | ₹199 | 2 points/₹100 other |
| HPCL Super Saver (ICICI) | 5% on HPCL | ₹500 | 1.5x on utility |
| IndianOil Kotak | 8% on IOCL | ₹500 | 4% on grocery |
| BPCL SBI Octane | 25x on BPCL (~25%) | ₹1,499 | 5x on others |
For HPCL loyalists specifically, the BoB HPCL Energie wins on the combined fuel + grocery/dining rates compared to the ICICI HPCL Coral (which has weaker non-fuel rewards). If you fuel across brands, the BPCL SBI Octane’s 25% back at BPCL is the highest single-pump return in India but requires BPCL loyalty. If IndianOil is your regular pump, the IndianOil Kotak (8% on IOCL) beats this.
Bottom line — should you get it?
The BoB HPCL Energie Credit Card is the smart choice for HPCL loyalists who fuel ₹5,000–₹18,000 per month and regularly spend on groceries, dining or movies. The combined 5% fuel + 2.5% lifestyle + 1% surcharge saving typically delivers ₹700–₹1,500 of monthly value, easily paying back the ₹499 fee in 1-2 months. Crucially, the non-fuel reward rate of 2.5% is far stronger than most HPCL / BPCL / IOCL co-brands, which usually give just 0.5–1% on lifestyle categories.
Skip this card if (a) you fuel primarily at BPCL or IndianOil — the BPCL SBI Octane or IndianOil Kotak will deliver 2-5x more fuel value, (b) your monthly HPCL spend is under ₹3,000 — the fuel rewards won’t meaningfully exceed a flat-rate 2% cashback card like Axis ACE, or (c) you need lounge / travel benefits — this is a pure-rewards fuel co-brand with no lifestyle extras.
Verdict 8.0 / 10 for HPCL regulars
A well-structured fuel co-brand that genuinely earns its keep for HPCL-loyal households with organic grocery / dining spend. Pair with an Amazon Pay ICICI or HDFC UPI RuPay for excluded-category coverage.