The verdict
Advertised HPCL savings and movie discounts require full offer terms before a net return can be calculated.
The maths for it
The page advertises up to 3.5% HPCL savings, but exact eligible transactions and component values are unresolved.
The maths against
No reliable rupee return is available until fuel cashback mechanics and point redemption are verified.
✓What works
- +1% fuel surcharge waiver advertised on ₹400–₹4,000 HPCL transactions.
- +Next annual fee waived after ₹50,000 spend, subject to eligible-spend rules.
✕What doesn't
- −Cashback decomposition and caps are not established by the product page.
- −BookMyShow eligibility and point redemption value remain unverified.
What it earns
Retail earns 2 points/₹100 and utility earns 1 point/₹100; no rupee equivalent established.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| Retail spend | 2 points / ₹100 | — | — |
| Utility spend | 1 point / ₹100 | — | — |
Accelerated earn
This card does not offer merchant portal or accelerated multiplier rates.
Redemption options
Voucher categories are listed; conversion, minimum, charges and expiry remain open.
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Up to 3.5% HPCL fuel savings advertised; exact composition and caps pending.
- +1% surcharge waiver on ₹400–₹4,000 HPCL transactions advertised.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining fee | ₹199 + GST |
| Annual fee | ₹199 + GST; next year waived after ₹50,000 spend |
| Forex markup | 3.5%; taxes and transaction rules pending |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Citizenship and age | Indian citizen over 21 |
| Salaried income | ₹20,000 monthly income stated |
| Self-employed income | ₹2,40,000 annual income stated |
Frequently Asked Questions
Does ICICI Bank HPCL Coral Credit Card offer airport lounge access?
No lounge benefit established by current capture
What are the MITC charges, annual fees, and interest rates for ICICI Bank HPCL Coral Credit Card?
The annual renewal fee is ₹199 + GST; next year waived after ₹50,000 spend. Fee waiver condition: Next annual fee waived after ₹50,000 spend; qualifying-spend rules pending. Foreign currency markup: 3.5%; taxes and transaction rules pending. Check the current issuer MITC for other or missing charges.
What is the reward rate and point redemption value on ICICI Bank HPCL Coral Credit Card?
Published earn rate: 2 points/₹100 retail; 1 point/₹100 utility; point value unverified. Check the current issuer terms for point value.
Which transactions are excluded from earning rewards on ICICI Bank HPCL Coral Credit Card?
Reward exclusions are not specified in the verified card details. Check the issuer terms for any fuel surcharge waiver.
Who is ICICI Bank HPCL Coral Credit Card best suited for in 2026?
The card details describe it as suited to HPCL users who can meet the fuel and movie offer terms. Compare its terms with your spending and annual fee.
Editorial Deep-Dive Analysis
Comprehensive Overview: ICICI Bank HPCL Coral Credit Card
The ICICI Bank HPCL Coral Credit Card is an entry-level fuel-focused credit card created for budget-conscious vehicle owners, daily commuters, and two-wheeler riders. Offering one of the lowest annual maintenance thresholds in ICICI Bank’s card roster, this card pairs direct fuel savings at HPCL petrol pumps with essential retail rewards and entertainment benefits.
Key Privileges and Practical Everyday Benefits
- HPCL Fuel Savings and Surcharge Relief:
- Up to 3.5% Savings on Fuel: Cardholders receive up to 3.5% combined value back on fuel purchases at official HPCL retail outlets across India.
- 1% Fuel Surcharge Waiver: Complete waiver of the 1% fuel surcharge on fuel transactions between ₹400 and ₹4,000 at HPCL fuel stations.
- Retail and Utility Rewards:
- Earn 2 reward points per ₹100 on general retail shopping.
- Earn 1 reward point per ₹100 on recurring utility bill payments.
- Entertainment Privileges:
- BookMyShow Cinema Savings: Receive 25% off up to ₹100 twice every month on movie ticket bookings through BookMyShow.
- Accessible Annual Fee Waiver:
- The modest annual fee of ₹199 + GST is completely waived for the following year if the cardholder spends ₹50,000 or more in the anniversary year.
Important Terms and Spend Conditions to Keep in Mind
To ensure an optimal card experience, cardholders should keep these practical operational factors in mind:
- Designated Merchant Outlets: Fuel benefits and surcharge waivers apply specifically at authorized HPCL retail outlets using ICICI swipe machines or certified POS terminals.
- Transaction Size Guidelines: The 1% fuel surcharge waiver applies to transactions between ₹400 and ₹4,000 per swipe.
- Airport Lounge Privileges: The HPCL Coral card does not include complimentary domestic airport lounge access. Commuters seeking airport lounge facilities should consider the HPCL Super Saver variant or the standard Coral card.
- Reward Points Valuation: Points accumulate within ICICI Bank’s rewards portal and can be redeemed for gift vouchers and merchandise according to the bank’s redemption catalog.
Who Benefits Most
- Budget-Conscious Two-Wheeler and Car Owners: Drivers with modest monthly fuel expenses (₹1,500 to ₹4,000) looking for direct fuel relief without paying high card maintenance fees.
- First-Time Cardholders: Individuals seeking an accessible starter credit card with an achievable ₹50,000 annual spend waiver.
- Casual Moviegoers: Users who enjoy regular BookMyShow discounts alongside everyday fuel savings.
Independent Editorial & Statutory Disclaimers
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