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ICICI Bank HPCL Super Saver Credit Card LAUNCHED! Know fuel, electricity, mobile, Big Bazaar, D Mart and other benefits

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Mumbai: ICICI Bank today announced the launch of a co-branded credit card with Hindustan Petroleum Corporation Limited (HPCL) to enable users to get benefits and reward points for using multiple credit cards in one. Named, ‘ICICI Bank HPCL Super Saver Credit Card’, the card offers best-in-class rewards and benefits to customers on their everyday spends on fuel as well as other categories including electricity and mobile, departmental stores like Big Bazaar and D-Mart, and e-commerce portals, among others. Powered by VISA, the card is unique among its peers which typically offer benefits on only one category of spends.

Speaking on the launch, Mr Sudipta Roy, Head – Unsecured Assets, ICICI Bank said, “We are delighted to partner with HPCL to launch the ‘ICICI Bank HPCL Super Saver Credit Card’. Typically, similar credit cards offer accelerated benefits on spends in one category. This card breaks that barrier as it enables customers to save on every transaction that they make. This truly makes the card a ‘super star’ of savings. We believe that this card will empower customers to save more while enjoying the convenience of digital payments."

HPCL Executive Director – Retail, S K Suri, said “This credit card will help in promoting the digital payment ecosystem at retail outlets and meet the expectations of the customers with its innovative offerings. The customer will also get additional loyalty points when they use this card on our HP Pay App."

How to apply for ICICI Bank HPCL super saver credit card

Customers can apply for the ‘ICICI Bank HPCL Super Saver Credit Card’ through the Bank’s internet banking platform or the mobile banking app, iMobile Pay. They get a digital card in a 100% contactless and paperless manner. The physical card is also sent to the customer by ICICI Bank within a few days. Further, customers can manage their transaction settings and credit limit conveniently on the iMobile Pay app.

Features of the ICICI Bank HPCL super saver credit card

Rewards

· 5% cashback on spends on fuel at HPCL retail outlets which includes 4% cashback and 1% surcharge waiver

· Additional 1.5% benefit as PAYBACK reward points on spends on fuel made through HPCL’s ‘HP Pay’ app

· 5% benefit as PAYBACK reward points on spends on electricity and mobile as well as shopping at large departmental stores like Big Bazaar and D-Mart.

· 2 PAYBACK points per Rs. 100 spent on all other categories including shopping at local stores and e-commerce portals for online shopping

· 2000 PAYBACK points as a joining benefit, which are credited to the customer’s PAYBACK account upon activation of the card

· Cashback of ₹100 in the ‘HP Pay’ app wallet on the first transaction made using the app worth ₹1,000 or above.

Value-added benefits

· Industry-first feature of complimentary 24×7 roadside assistance

· Annual fee waiver on spends of Rs1,50,000

· Complimentary domestic airport lounge access

· Exclusive discounts on movie ticket bookings on BookMyShow and Inox

· Exclusive dining offers through the Bank’s Culinary Treats programme

Take a look at the key privileges of this card:

  • Joining benefit of 2,000 Reward points on activation and fee payment and Rs.100 cash back on HP Pay App
  • 5% back (in reward points) on utility, grocery and departmental store purchases
  • 5% cashback on all your fuel spends at HPCL fuel pumps at any bank POS machine and HP Pay app
  • Additional 1.5% back (in reward points) on all fuel purchases through the HP Pay app at HPCL outlets.
  • Complimentary 24×7 Road Side Assistance (RSA) services
  • Earn 2 Reward points on every Rs 100 spent on retail purchases, except on fuel.
  • Complimentary domestic airport lounge access
  • 25% discount (up to Rs 100 per transaction) on movie ticket bookings on BookMyShow and INOX movies individually, twice a month
  • Exclusive dining offers through ICICI Bank Culinary Treats Programme. For details, visit icicibank.com/culinarytreats
  • All your Reward points can be redeemed for fuel at HPCL pumps and also against all the items in the catalogue on PAYBACK site.

Joining fees: 500+GST(2000 payback points as joining benefit)
Annual Fees: 500+GST(Not confirmed)

src:
https://www.zeebiz.com/personal-finance/news-ic...

https://www.livemint.com/industry/banking/icici...

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  • Last updated by: Mayavi
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Deal Subedar Deal Subedar
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That term payback in all icici card means strict no no for me.
Icici is good for apay card only.

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Hunk Hunk
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Any monthly limits on cashback?

Deal Lieutenant Deal Lieutenant
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fees?

Pro DealHunter Pro DealHunter
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karthi4052752 wrote:

fees?

Joining fees: 500+GST(2000 payback points as joining benefit)
Annual Fees: 500+GST(Not confirmed)

Deal Cadet Deal Cadet
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5% benefit as PAYBACK reward points on spends on electricity and mobile as well as shopping at large departmental stores like Big Bazaar and D-Mart
This is confusing line…
5% of spent value or 5% payback point (4 payback point =1 rs)

Deal Cadet Deal Cadet
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ICICI Bank announced the launch of a co-branded credit card with Hindustan Petroleum Corporation Limited (HPCL) to enable users to get benefits and reward points for using multiple credit cards in one. Named, ‘ICICI Bank HPCL Super Saver Credit Card’, the card offers best-in-class rewards and benefits to customers on their everyday spends on fuel as well as other categories including electricity and mobile, departmental stores like Big Bazaar and D-Mart, and e-commerce portals, among others, Powered by VISA.

Features of the ICICI Bank HPCL super saver credit card

Rewards


· 5% cashback on spends on fuel at HPCL retail outlets which includes 4% cashback and 1% surcharge waiver

· Additional 1.5% benefit as PAYBACK reward points on spends on fuel made through HPCL’s ‘HP Pay’ app

· 5% benefit as PAYBACK reward points on spends on electricity and mobile as well as shopping at large departmental stores like Big Bazaar and D-Mart.

· 2 PAYBACK points per Rs. 100 spent on all other categories including shopping at local stores and e-commerce portals for online shopping

· 2000 PAYBACK points as a joining benefit, which are credited to the customer’s PAYBACK account upon activation of the card

· Cashback of ₹100 in the ‘HP Pay’ app wallet on the first transaction made using the app worth ₹1,000 or above.

Value-added benefits

· Industry-first feature of complimentary 24×7 roadside assistance

· Annual fee waiver on spends of Rs1,50,000

· Complimentary domestic airport lounge access

· Exclusive discounts on movie ticket bookings on BookMyShow and Inox

· Exclusive dining offers through the Bank’s Culinary Treats programme

Generous Generous
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Ripalbaria wrote:

5% benefit as PAYBACK reward points on spends on electricity and mobile as well as shopping at large departmental stores like Big Bazaar and D-Mart
This is confusing line…
5% of spent value or 5% payback point (4 payback point =1 rs)

5% benefit ..i.e 20 Payback points per Rs 100 spend

Deal Subedar Deal Subedar
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That term payback in all icici card means strict no no for me.
Icici is good for apay card only.

Deal Captain Deal Captain
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Sudarshan61 wrote:

5% benefit ..i.e 20 Payback points per Rs 100 spend

Again every payback redemption will have some charge right?

Deal Lieutenant Deal Lieutenant
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aswaniexpress wrote:

Again every payback redemption will have some charge right?

yup… as soons as i saw payback as reward partner. this cc died for me

Deal Subedar Deal Subedar
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If there is unlimited cashback on fuel then it’s good

Deal Subedar Deal Subedar
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Cashback limit on fuel?

Hunk Hunk
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myfungang829 wrote:

If there is unlimited cashback on fuel then it’s good

I don’t think so.. They don’t provide unlimited Cashback on fuel..

Deal Cadet Deal Cadet
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How much does redemption cost? Assuming Amazon GV or something liquid.

Critic Critic
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@admin kindly merge with above thread

Generous Generous
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aswaniexpress wrote:

Again every payback redemption will have some charge right?

Yes..
Expiry date as well I think.

Hunk Hunk
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sharpen wrote:

How much does redemption cost? Assuming Amazon GV or something liquid.

25+GST

Cool Cool
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This seemed like a better option than onecard ..hope they keep some better introductory joining offers

Hunk Hunk
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the_stig wrote:

This seemed like a better option than onecard ..hope they keep some better introductory joining offers

Y u r comparing this with onecard? Onecard don’t provide cashback on fuel spend..

Deal Lieutenant Deal Lieutenant
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VimAl_Raj wrote:

Y u r comparing this with onecard? Onecard don’t provide cashback on fuel spend..

bhai petrol ke rate dekh ke lgta hai ke…. cb se kuch fark pdega joy

Deal Subedar Deal Subedar
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Don’t go for this card guys.
Huge drawback is because of payback. It really is obsolete now.
If RP was statement credit, then it’s a go to card for fuel especially.

Tech Guru Tech Guru
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https://cdn0.desidime.com/attachments/photos/700238/medium/7800315icici-hpcl.png?1626796815

If this information worth a place in wiki, please update

Cool Cool
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VimAl_Raj wrote:

Y u r comparing this with onecard? Onecard don’t provide cashback on fuel spend..

Because that is a card i have and don’t use that much.. also the regular reward rates are similar (.5 icici vs .3 onecard).

Tech Guru Tech Guru
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GamesBond wrote:

Don’t go for this card guys.
Huge drawback is because of payback. It really is obsolete now.
If RP was statement credit, then it’s a go to card for fuel especially.

The cashback from fuel purchase is in statement credit like other fuel cards from ICICI. They also give additional payback points if one goes through hp-pay app.

Until recently, payback is part of ICICI, and if my understanding/memory is right, ICICI has no other reward system exempting the apay card.

And usual reward rate of each payback point is 0.25 INR, which you can redeem for various vouchers/products like any other credit card redemption.

Cool Cool
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GamesBond wrote:

Don’t go for this card guys.
Huge drawback is because of payback. It really is obsolete now.
If RP was statement credit, then it’s a go to card for fuel especially.

Don’t mean to argue but I think payback points are not that bad since they can be redeemed for amazon or Flipkart vouchers. Icici will charge for that redemption but still a good enough deal since there aren’t many cards that give benifit for fuel purchases and the added benefit for utilities and dept stores. Might be worth considering.

But one con I do see is about the 1.5L usage to remove yearly fees. Seems on the higher side plus the limit on cash back of 200 and 100 for fuel and mentioned categories respectively.

Cool Cool
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andromeda wrote:

The cashback from fuel purchase is in statement credit like other fuel cards from ICICI. They also give additional payback points if one goes through hp-pay app.

Until recently, payback is part of ICICI, and if my understanding/memory is right, ICICI has no other reward system exempting the apay card.

And usual reward rate of each payback point is 0.25 INR, which you can redeem for various vouchers/products like any other credit card redemption.

It has redemption charges also

Tech Guru Tech Guru
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raman12 wrote:

It has redemption charges also

Yeah 25 GST when compared with other redemption portals at 99 GST

Deal Subedar Deal Subedar
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andromeda wrote:

Yeah 25 GST when compared with other redemption portals at 99 GST

For some it is 99+ gst like from reward catalogs and 25+gst when redeeming at stores that accept payback redemption

Tech Guru Tech Guru
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Naresh789 wrote:

For some it is 99+ gst like from reward catalogs and 25+gst when redeeming at stores that accept payback redemption

Online redemptions are much better when compared with offline for better value. And most online redemptions are at 25. In any case, even 100 is equivalent to other redemptions

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