The ICICI HPCL Coral Credit Card is a co-branded card designed in partnership with Hindustan Petroleum Corporation Limited (HPCL), offering a variety of benefits for individuals who frequently fuel their vehicles, along with lifestyle and shopping perks. This credit card is perfect for those who want to earn rewards while purchasing fuel, dining out, shopping, and traveling. It combines fuel-related benefits with general lifestyle advantages, making it an excellent choice for regular fuel consumers and frequent spenders.
Key Features and Benefits
- Fuel Benefits
- Earn 2 reward points per ₹150 spent at HPCL petrol stations on fuel purchases.
- 5% Valueback on fuel transactions at HPCL stations, which can be redeemed for cashbacks or other benefits.
- Fuel Surcharge Waiver: Enjoy a 1% surcharge waiver on fuel purchases at HPCL stations across India, for transactions between ₹400 and ₹5,000.
- Welcome Benefits
- Get a welcome gift of 2,000 reward points upon activation of the card.
- Additional 500 reward points when you make your first transaction within 30 days of card issuance.
- Reward Points
- Earn 1 reward point per ₹100 spent on all other purchases (except fuel).
- Redeem accumulated reward points for a wide range of products, services, and discounts from various categories.
- Dining Offers
- Get up to 15% discount at over 2,500 restaurants across India through the ICICI Bank’s Culinary Treats program, providing savings when dining out.
- Travel Benefits
- Airport Lounge Access: Enjoy complimentary access to domestic airport lounges through the Visa Lounge access program.
- Travel insurance benefits, including accidental death coverage and emergency medical coverage.
- Easy EMI Conversion
- Convert large purchases into affordable EMIs at attractive interest rates, offering flexibility in repayment.
- Exclusive Discounts and Offers
- Enjoy exclusive discounts on movie tickets, shopping, and travel bookings through ICICI Bank’s online platforms and partner merchants.
- Contactless Payment Technology
- The card comes with contactless payment technology for faster, more secure, and hassle-free transactions.
Fees and Charges
- Joining Fee: ₹500 (plus applicable taxes).
- Annual Fee: ₹500 (plus applicable taxes).
- Interest Rate: 3.40% per month (or 40.8% per annum) on outstanding balances.
- Late Payment Fee: ₹100 to ₹1,000, depending on the outstanding balance.
Eligibility and Documentation
Eligibility Criteria:
- Age: Applicants should be between 21 and 60 years of age.
- Income: A stable monthly income or annual income as per the bank’s criteria is necessary.
- Credit Score: A good credit score is generally required for approval.
Documents Required:
- Proof of Identity: PAN Card, Aadhaar Card, Passport, etc.
- Proof of Address: Utility bills, Voter ID, Passport, etc.
- Proof of Income: Salary slips, bank statements, or ITR documents.
Why Choose the ICICI HPCL Coral Credit Card?
- Fuel-Centric Rewards: Ideal for frequent fuel consumers, this card offers excellent benefits on fuel transactions, including reward points and cashback on HPCL purchases.
- Dining and Shopping Perks: Take advantage of discounts at partner restaurants and shopping offers, adding more value to your everyday purchases.
- Affordable and Flexible: With a low annual fee, easy EMI conversion, and flexible rewards program, the ICICI HPCL Coral Credit Card is an affordable way to enjoy premium benefits.
- Comprehensive Travel Benefits: Benefit from complimentary airport lounge access and travel insurance coverage, making this card ideal for those who travel often.
- Contactless and Secure: The card is equipped with contactless payment technology, ensuring faster and safer transactions.
How to Apply?
- Online Application:
- Visit the official ICICI Bank website and fill in the online application form. Upload the required documents for identity and address verification.
- Offline Application:
- Alternatively, visit an ICICI Bank branch to apply in person. Carry your documents for a smooth application process.
- Approval and Card Delivery:
- Once your application is approved, the ICICI HPCL Coral Credit Card will be dispatched to your registered address.
Conclusion
The ICICI HPCL Coral Credit Card is a great choice for individuals who frequently fuel their vehicles and want to maximize their savings on fuel purchases. Along with its fuel-related benefits, the card offers valuable rewards on dining, shopping, and travel, along with a host of lifestyle privileges. If you’re looking for a credit card that offers both fuel discounts and premium perks, the ICICI HPCL Coral Credit Card is an excellent option.
Apply today and start enjoying the rewards and benefits of this versatile credit card!
