SBI HPCL Co-Branded Debit Card (Everyday Card) – Benefits, Fees & Eligibility

Introduction

The HPCL Co-Branded Debit Card (Everyday Card) from SBI (State Bank of India) is a Mastercard-powered debit card designed for daily transactions, offering enhanced rewards for fuel spends and comprehensive lifestyle benefits. This card provides exclusive benefits for HPCL transactions, complimentary domestic lounge access, and a robust insurance cover, making it a versatile option for everyday use.

Welcome Benefits

• Activation Bonus: Earn up to 300 Bonus Reward Points by making 3 PoS or E-commerce transactions of a minimum amount of Rs. 2,000 each within 2 months of issuance:
  • 1st PoS/E-commerce transaction: 50 Bonus Reward Points
  • 2nd PoS/E-commerce transaction: 100 Bonus Reward Points
  • 3rd PoS/E-commerce transaction: 150 Bonus Reward Points

Fees & Charges Breakdown

• Issuance and Annual Maintenance Charges: Specific details are available via an external link, but not provided directly in the content.
• HP Pay Wallet Recharge: No charge is levied to customers for recharging their HP Pay wallets.

Rewards & Cashback Structure

• Monthly Cap: Earn up to 10,000 SBI Reward Points every month, with a cap of Rs. 1,000 per transaction.
• Standard Reward Points: Earn 2 Reward Points for every Rs. 200 spent with your SBI Debit Card through PoS and E-commerce transactions.
• Accelerated Rewards at HPCL Outlets: Earn 2X points for every Rs. 200 spent at PoS in HPCL Outlets.
• HPCL Happy Coins:
  • Earn 4 Happy Coins per INR 100 on recharge of HP Pay wallet through the co-branded Everyday Debit Card.
  • Earn 1 Happy Coin per Rs. 100 on purchase of fuel and lubricants (except LPG) via HP Pay wallet.
  • Earn 5 Happy Coins per INR 100 on direct pay through HP Pay using the Everyday Debit Card linked to the HP Pay app (NIL reward points for LPG).
• Milestone Bonus: Earn 1,000 Bonus Reward Points on PoS and E-commerce spends of ₹1 lakh or more in a month (spends on MCC-6540 excluded).
• Birthday Bonus: Earn 2x Reward Points on spends made with your Debit Card during your birthday month.
• International Payments: Earn 2x Reward Points on international spending, whether online or in-store.
• Partner Brands: Earn extra Reward Points on purchases via SBI Rewardz with partner brands.
• Reward Redemption Options:
  • Redeem SBI Reward Points through the "rewardz.sbi" website and SBI Rewardz App for exciting merchandise, FASTag recharge, bill payments, DTH recharge, flight tickets, bus, and hotel bookings.
  • Redemption facility is also available through PoS machines at select outlets.
  • Redeem Reward Points on bookmyshow.com for movie ticket purchases.
  • No convenience fee is charged on flight ticket booking through SBI Rewardz.

Travel, Lounge & Lifestyle Perks

• Complimentary Domestic Lounge Access: One visit per Quarter at select domestic lounges.
• Insurance Cover:
  • Personal Accident Insurance Cover-Non-Air (Death Only): Rs. 5,00,000.
  • Personal Accident Insurance Cover-Air (Death only): Rs. 10,00,000.
  • Purchase Protection Cover: Rs. 50,000.
  • Family Transportation & Transportation of Mortal Remains: Rs. 50,000.
  • Checked in Baggage Loss: Rs. 25,000.

  • Insurance Conditions

    • Available to Debit Cards used at least once for a financial transaction on any channel (ATM/PoS/eCom) during the last 90 days from the date of accident.
    • Air accident cover is subject to the air ticket for that air travel being purchased using the Debit Card.
• Mastercard Platinum Benefits: Core benefits for Platinum variant Debit Cards provided by Mastercard, including discounts on Air Fare, Hotels, Car Rentals, and Dining.

Other Details

• Daily Transaction Limits:
  • Maximum ATM Cash Withdrawal Limit: INR 40,000 per day (Domestic), USD equivalent to INR 40,000 per day (International).
  • Maximum PoS Transaction Limit: INR 2,00,000 per day (Domestic), USD equivalent to INR 2,00,000 per day (International).
  • Maximum E-commerce Transaction Limit: INR 2,00,000 per day (Domestic), USD equivalent to INR 1,00,000 per day and Rs. 1,50,000 per month (International).
  • Maximum Contactless Transaction Limit: INR 5,000 per transaction (Domestic).
• General Terms & Conditions: All mentioned features and offers are dynamic and subject to change. The Bank reserves the right to add, modify, or withdraw any feature or offer. SBI Reward Points are subject to terms and conditions, with details about capping and exclusion available on "rewardz.sbi" or the SBI Rewardz App.
• This is a Debit Card, not a credit card. Therefore, typical credit card revolving features like interest rates on outstanding balances or cash advance fees are not applicable or mentioned in the provided content.