ICICI Bank HPCL Coral Visa Contactless Credit Card

The ICICI Bank HPCL Coral Visa Contactless Credit Card sits at the entry-level end of ICICI’s co-branded fuel card lineup with HPCL. At ₹199 plus GST for both joining and annual fees, this card costs less than a single tank of petrol. The annual fee waiver kicks in at ₹50,000 yearly spend, a threshold most car owners cross without trying. The Visa Contactless variant adds tap-to-pay convenience, letting you complete transactions under ₹5,000 without entering a PIN.The fuel benefits are the main draw. You earn 2.5% cashback on every HPCL fuel purchase, capped at ₹100 per month. On top of that, a 1% fuel surcharge waiver applies to transactions between ₹400 and ₹4,000 at HPCL pumps when swiped on an ICICI Bank POS machine. Together, this adds up to roughly 3.5% in total fuel savings. Someone spending ₹4,000 monthly on HPCL fuel saves about ₹1,680 per year, far exceeding the ₹199 annual fee.Beyond fuel, the card earns 2 reward points per ₹100 on retail purchases and 1 point per ₹100 on utilities and insurance. The iShop portal pushes this to 6x or 12x at select merchants. BookMyShow gives cardholde₹25% off (up to ₹100) on a minimum of 2 movie tickets, available twice per month. There are no airport lounges, no milestone rewards, and no travel perks, which is expected at this price point.This card works well for salaried individuals earning ₹20,000 or more per month who fuel up regularly at HPCL outlets. If you use other fuel brands like Indian Oil or Bharat Petroleum, the 2.5% cashback does not apply there, and only the standard reward points accumulate. For broader fuel coverage across all brands, the HPCL Super Saver or a non-co-branded fuel card may serve you better.