HPCL ENERGIE BOBCARD Credit Card – Benefits, Fees & Eligibility

Introduction

The HPCL ENERGIE BOBCARD Credit Card, a co-branded offering from BOBCARD and Hindustan Petroleum Corporation Limited (HPCL), is designed for individuals who frequently spend on fuel. Positioned as a mid-range card, it aims to reward cardholders for their everyday fuel purchases, groceries, and departmental store spends. Key differentiating benefits include accelerated reward points on fuel and essential shopping, complimentary domestic airport lounge access, and discounts on movie ticket bookings, all while maintaining a nominal annual fee.

Welcome Benefits

• 500 Bonus Reward Points on spending ₹5,000 or more within 60 days of card issuance.

Fees

• Joining Fee

  • ₹499 + GST

• Renewal Fee

  • ₹499 + GST

• Spend-Based Waiver

  • Renewal fee waived off on spending ₹50,000 or more in the preceding year (or anniversary year). This waiver is applicable only to non-delinquent credit cardholders.

• Rewards Redemption Fee

  • Nil

• Foreign Currency Markup

  • 3.5% on all foreign transactions

• Interest Rates

  • 3.75% Per Month (45% Annually)
  • 3.49% Per Month on outstanding amounts

• Fuel Surcharge

  • 1% fuel surcharge waiver on all HPCL fuel transactions between ₹400 and ₹5,000, capped at ₹100 per statement cycle. This includes fuel purchases made through the HP Pay App.
  • The GST component on the fuel surcharge is not reversed.
  • The rate of fuel surcharge may vary depending on the fuel station and their acquiring bank.
  • The surcharge is levied by the acquiring bank providing the terminal to the merchant.
  • The value of fuel transaction on the charge slip will differ from the credit card statement since the fuel surcharge and GST on the same are levied by the acquiring bank after the transaction.
  • Eligible fuel transaction amount to qualify for 1% surcharge waiver is inclusive of the GST & surcharge levied by the acquiring bank after the transaction.

• Cash Advance Charges

  • 2.5% of the amount or ₹500, whichever is higher.

Rewards

• Fuel Benefits

  • Earn 24 Reward Points for every ₹150 spent on fuel transactions at all HPCL fuel stations across India, capped at a maximum of 1,000 Reward Points per statement cycle.
  • Receive an additional cashback of 1.5% in the form of Payback Points when making purchases at HPCL fuel stations using the HP Pay App.
  • Enjoy up to 5% savings on fuel purchases (comprising 4% savings from Reward Points and 1% Fuel Surcharge Waiver) at HPCL retail outlets, including LPG purchases and transactions through the HP Pay App.

• Groceries & Departmental Stores

  • Earn 10 Reward Points for every ₹150 spent on groceries and departmental stores, capped at a maximum of 1,000 Reward Points per statement cycle. This translates to up to 2% savings.

• Other Categories

  • Earn 2 Reward Points for every ₹150 spent on all other transactions.

• Movie Benefits

  • Get a 25% discount (maximum of ₹100) on the purchase of a minimum of two movie tickets per transaction via the District App. This benefit can be availed up to two times per month per primary cardholder.

• Travel Benefits

  • Receive 4 complimentary domestic airport lounge accesses per year (1 per quarter) at partnered domestic lounges for primary cardholders.
  • Effective January 1, 2025, complimentary lounge access will be subject to a minimum spend of ₹20,000 in the preceding calendar quarter.

Rewards Redemption Guide

• Reward Points earned are redeemable for various options available on the BOBCARD website.
• Points can also be redeemed for cash, where 1 Reward Point = ₹0.25.
• Reward Points will be credited within 60 days of the eligible transaction.
• The reward program is not applicable on select Merchant Category Codes (MCCs).

Card Eligibility Criteria

• Residency

  • Only Indian residents can apply for this card.

• Age

  • For Salaried Individuals: 21 to 60 years (Primary Cardholder)
  • For Self-employed Individuals: 24 to 65 years

• Minimum Income

  • Salaried Individuals: Minimum annual income of ₹3.60 Lakhs
  • Self-employed Individuals: Minimum annual income of ₹4.80 Lakhs

• Documents Required

  • Mandatory Proof:
    • Recent Passport size photograph (with clear/white background & without dark/tinted glass)
    • PAN Card
  • Permanent Address Proof:
    • Aadhaar Card (both sides)
    • Voter ID Card issued by the Election Commission of India
    • Passport
    • Driving Licence
    • Job Card
  • Income Proof:
    • Salaried: Bank Statement reflecting salary credit for the last 2 months. Salary Slips, if submitted, must be accompanied by a bank statement.

Card Review

The HPCL ENERGIE BOBCARD Credit Card is an excellent co-branded offering tailored for frequent road travelers and HPCL fuel station customers. With a nominal joining and annual fee of ₹499, it provides significant value through accelerated reward points on fuel, groceries, and departmental store spends. The card's benefits extend beyond fuel, offering discounts on movie tickets and complimentary domestic airport lounge access, making it a well-rounded option for everyday spending. Its spend-based waiver condition for the annual fee further enhances its appeal. This card is highly recommended for individuals looking to maximize savings and rewards on their fuel and daily essential purchases.

Important Product Details

• 500 Bonus Reward Points on spending ₹5,000 within 60 days of card issuance.
• 24 Reward Points on every ₹150 spent on fuel purchases at HPCL pumps (capped at 1,000 RP/statement cycle).
• 10 Reward Points on every ₹150 spent on departmental stores and groceries (capped at 1,000 RP/statement cycle).
• 2 Reward Points on every ₹150 spent on all other categories.
• 1% fuel surcharge waiver on all fuel transactions between ₹400 and ₹5,000, capped at ₹100 per statement cycle.
• Complimentary domestic airport lounge access once every quarter (total 4 per year), subject to ₹20,000 spend in the previous quarter (effective Jan 1, 2025).
• 25% discount (up to ₹100) on movie ticket bookings via the District App (on minimum 2 tickets, twice a month).
• Renewal fee waiver on annual spends of ₹50,000 or more.
• Potential savings equivalent to up to 60 Litres of free fuel every year.

Other Details

• Up to 3 lifetime free add-on credit cards can be availed for spouse, parents, siblings, or kids (above age 18).
• Smart EMI Options: Convert purchases of ₹2,500 or more on your card into Smart EMIs of 6 to 48 months.
• HP Pay wallet load transactions do not qualify for accelerated Reward Points or fuel surcharge waiver benefits.
• Accelerated Reward Points and Fuel Surcharge Waiver benefits will only be provided on fuel transactions done at eligible HPCL fuel outlets.
• UPI transactions are eligible only for core Reward Points and do not qualify for joining rewards or annual fee waiver.
• The application process involves filling an online form, e-signing using Aadhaar, and verifying identity via Video KYC.