ICICI Bank HPCL Coral Credit Card

Name: ICICI Bank HPCL Coral Credit Card
Brand: ICICI
Price: 199 INR
Availability: InStock
Rating: 3 (1 reviews)

Overview

The ICICI Bank HPCL Coral Credit Card targets drivers who fill up regularly at HPCL stations and want a low-cost card that pays for itself. At ₹199 plus GST for both joining and annual fee, the cost is negligible. Spending ₹50,000 in a year waives the annual fee entirely, a threshold most vehicle owners who fuel up twice a month will cross without effort.Fuel savings are the card's main draw. A 2.5% cashback applies on every HPCL fuel transaction, though the monthly cap of ₹100 limits the benefit to roughly ₹4,000 in HPCL fuel spending per month. On top of this, a 1% fuel surcharge waiver kicks in on transactions between ₹400 and ₹4,000, but only at HPCL outlets with an ICICI Bank POS machine. Combined, these two features deliver up to 3.5% savings on HPCL fuel, a meaningful edge for regular commuters who refuel at Hindustan Petroleum stations.Beyond fuel, the reward structure is basic. Retail purchases earn 2 points per ₹100 and utility or insurance payments earn 1 point per ₹100. The iShop portal boosts earnings to 6x or 12x at select merchants. BookMyShow gives 25% off (up to ₹100) on a minimum of 2 tickets, available twice per month. There are no lounge visits, no milestone bonuses, no welcome vouchers, and no concierge service. For a ₹199 card, that is expected.This card works best for salaried individuals earning ₹20,000 or more per month who refuel at HPCL stations regularly. If your fuel spending is spread across multiple oil companies or exceeds ₹4,000 per month at HPCL, the capped cashback limits the upside. Frequent travellers or heavy spenders would get more value from the HPCL Super Saver card or a non-fuel mid-tier card like the ICICI Coral or Rubyx.

Pros

↑Ultra-low fees (₹199 joining + ₹199 annual) with waiver at just ₹50,000 annual spend, the lowest fee waiver threshold among ICICI credit cards
↑Combined 3.5% fuel savings at HPCL pumps (2.5% cashback + 1% surcharge waiver) delivers more fuel value per rupee than most cards at this fee level
↑Low income requirement of ₹20,000/month salaried makes this accessible to first-time credit card holders who need fuel benefits

Cons

↓Fuel cashback capped at ₹100 per month, meaning savings max out at around ₹4,000 in monthly HPCL fuel spending
↓Fuel benefits restricted to HPCL pumps only, unlike cards that offer surcharge waivers at all fuel outlets nationwide
↓No airport or railway lounge access, no milestone rewards, no welcome offer, and no insurance cover, benefits that several cards at ₹500 annual fee include

Key Highlights

Welcome Offer
No welcome offer
No welcome vouchers or bonus points
Card value comes from ongoing fuel savings at HPCL
2.5% cashback on HPCL fuel starts from first transaction

Reward Rate
2 points per ₹100 retail
Retail: 2 points per ₹100
Utilities & Insurance: 1 point per ₹100
Fuel: No points (Visa variant)
iShop: 6x to 12x points at select merchants

Minimum Salary
₹20,000/month (salaried)
Salaried: ₹20,000/month (₹2.4 lakh/year)
Self-employed: ₹2,40,000/year
Age: 21 to 65 years
Indian citizen

Joining Fee
₹199 + GST
Joining fee: ₹199
Plus 18% GST
No welcome vouchers to offset the cost

Annual Fee
₹199 + GST (waived on ₹50K spend)
Annual fee: ₹199
Plus 18% GST
Waived if annual spend exceeds ₹50,000
Threshold easily reachable with regular fuel spending

Why Choose?
Up to 3.5% savings on HPCL fuel
2.5% cashback at HPCL pumps (capped at ₹100/month)
1% fuel surcharge waiver (₹400-₹4,000 transactions)
Surcharge waiver requires ICICI Bank POS at HPCL
Total up to 3.5% savings on HPCL fuel

Key Benefits

Dining

★2.0

▼

BookMyShow: 25% off up to ₹100
Minimum 2 tickets per booking
Available twice per month
No EazyDiner or restaurant-specific benefits

Fuel

★4.0

▼

Up to 3.5% savings on fuel at HPCL pumps
2.5% cashback on HPCL fuel (capped at ₹100/month)
1% surcharge waiver on ₹400 to ₹4,000 transactions at HPCL with ICICI POS
Fuel benefits exclusive to HPCL outlets only
No reward points on fuel (Visa variant)

Reward Points

★2.5

▼

Retail: 2 points per ₹100
Utilities & Insurance: 1 point per ₹100
6x to 12x points on iShop purchases
No points on fuel, rent, cash advances, or e-wallet reloads
Redeem via ICICI Bank Rewards portal

Shopping

★2.5

▼

6x to 12x reward points on iShop portal at select merchants
2 reward points per ₹100 on domestic retail purchases
No elevated earn rate at specific retail chains

Merchant Offers

▼

BookMyShow movie ticket discounts (25% off, twice monthly)
6x to 12x reward points on iShop

Liability Protection

▼

Chip and PIN security against counterfeiting
Zero liability on fraudulent transactions when reported promptly
Real-time SMS and email alerts on all transactions

Emi

▼

EMI conversion on purchases above ₹2,500
Available via iMobile app or internet banking
Tenure and rates depend on transaction amount

Detailed Information

Joining Fee	₹199 + GST
Annual Fee	₹199 + GST
Annual Fee Waiver	Waived on ₹50,000 annual spend
Monthly Percentage Rate	3.75%
Annual Percentage Rate	45%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	3.5%
Late Payment Charges	₹100 to ₹1,300 based on outstanding
Overlimit Charges	2.5% of overlimit amount
Cash Advance Fee	2.5% of amount (min ₹500)
Balance Transfer Fee	2% of transferred amount (min ₹250)
Fee For Supplementary Card	₹199/year
Card Replacement Fee	₹100 to ₹200
Fee For Duplicate Statement	₹50 per statement
Fee For Cheque Bounce	₹500

Age Requirement Salaried	21-65 years
Age Requirement Self Employed	21-65 years
Minimum Annual Income Salaried	₹2.4 lakh (₹20,000/month)
Minimum Annual Income Self Employed	₹2.4 lakh/year
Minimum Credit Score	750+

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Voter ID
Address Proof	Aadhaar Card Passport Utility Bill (recent) Bank Statement
Income Proof Salaried	Latest 3 months salary slips Latest 3 months bank statement Form 16 or ITR
Income Proof Self Employed	Latest 2 years ITR Latest 6 months bank statement Business proof documents

Frequently Asked Questions

The joining fee is ₹199 plus 18% GST. There is no welcome offer or voucher to offset this cost, but at this price point the fee pays for itself within a month or two of regular HPCL fuel usage through the 2.5% cashback.

The annual fee of ₹199 plus GST gets waived when your total spending in the year crosses ₹50,000. This works out to roughly ₹4,200 per month, an amount most regular drivers will reach from fuel spending alone.

You earn 2.5% cashback when you swipe the card at any HPCL fuel pump. The cashback is capped at ₹100 per month, so the maximum benefit applies on approximately ₹4,000 in monthly HPCL fuel spending. The cashback is credited to your card account.

A 1% fuel surcharge waiver applies on transactions between ₹400 and ₹4,000 at HPCL pumps when swiped on an ICICI Bank POS machine. Combined with the 2.5% cashback, total fuel savings reach up to 3.5% at HPCL outlets.

No. The 2.5% fuel cashback and 1% surcharge waiver are exclusive to HPCL petrol pumps. Fuel purchases at Indian Oil, Bharat Petroleum, or other stations do not qualify for cashback or surcharge waiver benefits with this card.

The maximum monthly fuel cashback is ₹100 (2.5% of roughly ₹4,000 in HPCL fuel). The 1% surcharge waiver adds additional savings on eligible transactions. Total monthly fuel savings can reach around ₹140, translating to approximately ₹1,680 per year, which easily covers the ₹199 annual fee multiple times over.

Retail purchases earn 2 points per ₹100. Utility and insurance payments earn 1 point per ₹100. Fuel transactions do not earn reward points on the Visa variant. The American Express network variant does earn points on fuel category transactions.

Fuel transactions (Visa variant), cash advances, rent payments, EMI conversions, balance transfers, fee payments, and e-wallet reloads earn zero points. Utility and insurance payments earn at a reduced rate of 1 point per ₹100 instead of the standard 2 points.

Points can be redeemed through the ICICI Bank Rewards portal for shopping vouchers, electronics, home appliances, health and beauty products, fashion, and travel items. Redemption is also available via the iMobile app or internet banking.

Cardholders get 25% off up to ₹100 on the purchase of a minimum of 2 tickets through BookMyShow. This offer is available twice per month. Any bookings beyond the complimentary benefit are charged at standard BookMyShow rates.

Salaried applicants need a minimum monthly income of ₹20,000 (₹2.4 lakh per year). Self-employed applicants require an annual income of ₹2.4 lakh. You must be an Indian citizen aged 21 to 65 years. A credit score of 750 or higher is typically expected.

Apply through the ICICI Bank website or iMobile app. The process is fully digital with no physical documents to submit. You need a PAN card, Aadhaar, and income proof. Existing ICICI Bank customers may find a pre-approved HPCL Coral offer in iMobile or internet banking.

No. The HPCL Coral Credit Card does not include domestic or international airport lounge access. For lounge benefits from ICICI Bank, you would need to look at the Rubyx (domestic lounges with spend conditions) or Sapphiro (domestic and international lounges).

The foreign currency markup is 3.5% on all international transactions. This is standard across most ICICI Bank credit cards. International spending is not a strength of this card since it is positioned as a domestic fuel savings product.

The finance charge is 3.75% per month, which works out to 45% per year. This applies to any outstanding balance carried past the payment due date. Paying the full statement balance by the due date each month avoids interest charges entirely.

Late fees range from ₹100 to ₹1,300 depending on your total outstanding amount. These apply when you do not pay at least the minimum amount by the statement due date.

Any purchase above ₹2,500 can be converted to EMI through the iMobile app or internet banking. Tenure options and interest rates depend on the transaction amount and your account standing. EMI conversions do not earn reward points.

No. Unlike the Rubyx or Sapphiro cards, the HPCL Coral does not include welcome vouchers or bonus points for new cardholders. The card's value comes from ongoing fuel savings at HPCL stations rather than a one-time welcome benefit.

The card is available on Visa and American Express networks. The American Express variant earns reward points on fuel category transactions, which the Visa variant does not. Both variants share the same fee structure and fuel cashback benefits.

Supplementary cards cost ₹199 per year. Add-on cardholders earn reward points at the same rate as the primary card and share the fuel cashback benefits. Points from supplementary card transactions accumulate in the primary cardholder's account.

The minimum payment is 5% of the total outstanding balance or ₹200, whichever is higher. Paying only the minimum avoids late payment fees but triggers the 3.75% monthly finance charge on the remaining balance.

The HPCL Coral costs ₹199 per year (vs ₹500 for Super Saver) with fee waiver at ₹50,000 spend (vs ₹1.5 lakh for Super Saver). The Coral gives 2.5% cashback at HPCL capped at ₹100/month. The Super Saver provides higher fuel savings with better caps. The Coral suits light to moderate HPCL fuel spenders, while the Super Saver targets heavy fuel users.

No. The HPCL Coral does not have any milestone reward structure. Higher-tier ICICI cards like the Rubyx and Sapphiro provide milestone bonuses at spending thresholds. The HPCL Coral's benefits are limited to fuel cashback, surcharge waiver, and base reward points.

At ₹3,000 monthly HPCL fuel spending, you earn roughly ₹75 in cashback per month (₹900 per year) plus surcharge waiver savings. Annual fuel spending of ₹36,000 falls below the ₹50,000 waiver threshold, so the ₹199 annual fee applies. Net savings after the fee come to around ₹700 per year. The card breaks even quickly at this spend level and costs almost nothing to maintain.

Call the ICICI Bank credit card helpline at 1800 1080 (toll-free). You can also manage your card, raise disputes, track rewards, and view statements through the iMobile app or ICICI Bank internet banking.