ICICI Bank HPCL Coral Credit Card – Benefits, Fees & Eligibility

Introduction

The HPCL Coral Credit Card, issued by ICICI Bank, is positioned as an entry to mid-range co-branded credit card primarily designed for vehicle owners and frequent road travelers. Its top differentiating benefits include significant savings on fuel transactions at HPCL pumps, attractive discounts on movie tickets via BookMyShow, and a low joining and annual fee structure with a spend-based waiver.

Fees

• Joining Fee: ₹199 + GST
• Annual Fee: ₹199 + GST
• Spend-Based Waiver: The annual fee for the next year is waived if you spend ₹50,000 or more in the preceding year.
• Rewards Redemption Fee: ₹99 + applicable taxes per redemption request.
• Foreign Currency Markup: 3.5% of the transaction amount.
• Interest Rates:
  • 3.75% per month for ATM withdrawals.
  • 3.75% per month if only the minimum due is paid.
  • 3.4% per month (or 40.8% per annum) on outstanding balances.
• Fuel Surcharge:
  • 1% waiver on fuel transactions worth ₹400 - ₹4,000 at HPCL pumps.
  • 1% fuel surcharge waiver across all HPCL petrol pumps for all fuel transactions worth ₹4,000 or more.
• Cash Advance Charges: 2.5% of the amount withdrawn, subject to a minimum of ₹300.
• Late Bill Payment: Ranging from ₹100 to ₹1300.

Rewards

• Fuel Benefits:
  • Up to 3.5% savings on fuel transactions at HPCL petrol pumps.
  • This includes 2.5% cashback when the card is swiped at any HPCL fuel pump (capped at ₹100 per month).
  • Fuel purchases are not eligible for Reward Points.
• Reward Points Earning:
  • Earn 2 Reward Points on every ₹100 spent on retail purchases.
  • Earn 1 Reward Point on every ₹100 spent on Utility & Insurance.
• Movie Benefits:
  • Get a 25% discount, up to ₹100, on movie tickets through BookMyShow.
  • This offer can be availed two times a month on the purchase of a minimum of two tickets.
  • Eligibility for Movie Offer (effective Apr 1, 2026): To be eligible, you must spend ₹25,000 or more on your ICICI Bank HPCL Coral Credit Card within the preceding spends quarter. This entitles you to avail the offer in the following calendar quarter.
    • Example: Spend ₹25,000 between Dec 26, 2025, and Mar 25, 2026, to get the movie offer benefit between Apr 01, 2026, and June 30, 2026.
    • Example: Spend ₹25,000 between Mar 26, 2026, and June 25, 2026, to get the movie offer benefit between July 01, 2026, and Sep 30, 2026.
  • Cashback offers on the Amex variant for movie bookings have been revoked effective from Jan 01, 2025.
• Dining Benefits:
  • Exclusive discount offers on dining across over 800 participating restaurants through the Culinary Treats Programme (up to 15% discount).

Rewards Redemption Guide

• Redemption Options:
  • Redeem Reward Points against a variety of products and shopping vouchers available on www.icicibank.com.
  • Redeem points for categories such as Health & Beauty, Travel & Luggage, Shopping Vouchers, Home Appliances, Electronics, and Fashion & Lifestyle.
  • You can redeem 2,000 Reward Points against fuel worth ₹500.
• Reward Point Value: 1 Reward Point = ₹0.25.
• How to Redeem: Log in to www.icicibank.com and choose the option against which you want to redeem your points.

Card Eligibility Criteria

• Age: An Indian citizen, aged over 21 years (between 21 to 65 years).
• Income:
  • Salaried individual with a monthly income of ₹20,000.
  • Self-employed individual with an annual income of ₹2,40,000.
• Documents Required:
  • Identity Proof
  • Address Proof
  • Income Proof
  • No physical documents are required for application.

Card Review

The HPCL Coral Credit Card is an excellent choice for individuals who frequently purchase fuel, especially at HPCL stations, and are looking for a credit card with low fees. It offers substantial savings on fuel through a combination of cashback and surcharge waivers, making it one of the top fuel credit cards in the market. Beyond fuel, it provides valuable benefits like discounts on movie tickets via BookMyShow and dining offers through the Culinary Treats Programme. The nominal joining and annual fees, coupled with an achievable spend-based waiver, enhance its appeal. While the movie benefit is conditional on quarterly spending, the overall value proposition for its target audience is strong, offering maximum saving opportunities across essential spending categories.

Important Product Details

• Positive Highlights:
  • Up to 3.5% savings on fuel transactions at HPCL petrol pumps (2.5% cashback + 1% fuel surcharge waiver).
  • Low joining and annual fees (₹199 + GST).
  • Annual fee waiver on spending ₹50,000 or more in a year.
  • 2 Reward Points per ₹100 on retail spends.
  • 1 Reward Point per ₹100 on utility and insurance spends.
  • 25% discount (up to ₹100) on movie tickets via BookMyShow, twice a month.
  • Up to 15% discount on dining through the Culinary Treats Programme.
  • Reward Points can be redeemed for fuel (2,000 points = ₹500 fuel) and a variety of products/vouchers.
  • Enhanced security with an embedded microchip and PIN for POS transactions.
• Negative Highlights:
  • Fuel purchases are not eligible for Reward Points.
  • A Rewards Redemption Fee of ₹99 + taxes applies per request.
  • Foreign currency markup of 3.5%.
  • High interest rates on cash advances and outstanding balances if only minimum due is paid.
  • Movie benefit eligibility is conditional on a quarterly spend of ₹25,000.

Other Details

• The card comes with an embedded microchip that provides enhanced security against counterfeiting and duplication. For transactions at merchant outlets, customers must enter a Personal Identification Number (PIN) to complete the payment. This PIN is not required for online transactions.
• Customers with Credit Cards on dual networks (Mastercard & Amex | Visa & RuPay) can avail one movie offer per month, per variant. Any additional bookings beyond the complimentary benefit will be charged as per the rates decided by the service provider.
• Add-on/Plus card members need to individually spend ₹25,000 in the preceding spends quarter to be eligible for the movie offer in the subsequent calendar quarter.
• The three-digit security code next to the signature panel on the reverse side of the card is the CVV. It can also be checked via iMobile app or Internet Banking.
• The HPCL Coral Credit Card offers exclusive benefits for fuel purchases at HPCL stations, providing rewards and discounts specifically for fuel transactions, unlike the general rewards offered by the ICICI Coral Credit Card.
• Detailed Most Important Terms & Conditions (MITC) and applicable Terms & Conditions (T&Cs) are available for reference.