ICICI Bank HPCL Super Saver Credit Card Review

By | July 28, 2021
ICICI HPCL Super Saver Credit Card

ICICI Bank recently added a new fuel credit card to their portfolio and they call it as ICICI Bank HPCL Super saver credit card.

It’s quite similar to their other HPCL credit cards lineup like ICICI HPCL Coral credit card with minor changes. Here’s everything you need to know about the same.

Joining Fees

Joining FeeRs.500+GST
Welcome Benefit2000 Payback Points
Renewal FeeRs.500+GST
Renewal Fee waiverRs.1,50,000 in annual spends
  • Additional welcome benefit of Rs. 100 on HP Pay after first successful recharge of min. Rs. 1000 on HP Pay mobile app. 

Joining fee and the welcome benefits look decent. So you’re definitely not paying anything additional to hold this credit card. Let’s look into the rewards now,

Rewards

Transaction TypeRewardsMax. Cap
Fuel Spends & HP Pay5% CashbackRs.200/m
Utility, grocery & departmental store5% (as points)Rs.100/m (400 Points)
Other Spends0.5% (as points)
HP Pay Fuel Spends1.5% (as points, additional)
  • Max. Cap: Rs.500 per month (in value) across all accelerated categories.

My blood pressure is already raising while I go throw these tiny capping (Rs.100 ?!) across various categories. Its safe to say that it’s not a “rewarding” card just incase if you’re looking for one.

Features & Benefits

Here are few other benefits that comes along with the HPCL Super Saver credit card:

  • Complimentary Lounge Access – Rs.5K spend required in previous quarter
  • Complimentary Roadside Assistance (RSA) – Some new stuff
  • 25% discount (up to Rs 100 per transaction) on movie ticket bookings on BookMyShow and INOX movies individually, twice a month

The lounge access limit too is being revised back to back by ICICI and is currently standing at 1/qtr on coral range of cards.

Is it worth it?

No, totally not worth it!

This newly launched HPCL super saver credit card is just as conservative as other ICICI HPCL cards when it comes to rewards.

They could have simply done these changes to existing HPCL credit card and save time in setting up a new product altogether.

Final Thoughts

  • Cardexpert Rating: 3.5/5

Among the long list of fuel cards in India, Citi Indian Oil Credit Card and ICICI HPCL Coral Amex card are the only ones that used to offer a decent value on fuel spends.

But now as Citi’s future is unpredictable and as ICICI HPCL coral Amex has fulfilment issues, its better to load your e-wallets “the right way” and use it for all your fuel spends.

Author: Siddharth

Helping Indians to choose right credit cards, pick right offers and enjoy luxury vacations for less. Day & night exploring the spiritual reality of our human existence.

32 thoughts on “ICICI Bank HPCL Super Saver Credit Card Review

  1. Nitesh

    I think all icici cards are worst in terms of reward value.

    Reply
  2. Kris

    I don’t like ICICI credit cards rewarding structure basic card’s are giving 2% and ICICI have to rethink.
    I agree Amazon pay is doing wonders for them but it is co branded card it has its limitations.

    Reply
  3. Amitabh Maheshwari

    ICICI cards are useless when it comes to rewards. With HDFC Infinia, I buy Rs 5000 worth of Amazon and Flipkart vouchers each every month for 10X rewards. For big ticket purchases option of 5X on Amazon through smart buy is always there. Every 2-3 months they also come up with 10X rewards on Amazon with 15X for amount beyond Rs 50,000. They have an extended limit of 15,000 points on 15X portion. I try to make my big ticket purchases then. So even ICICI Amazon pay is not of much use to me.

    Reply
  4. Saurabh Patel

    Filling wallets “the right way”. *wink wink*

    Is PayTM’s 10K limit on credit cards applicable for the right way as well?

    Reply
  5. Maulin Tolia

    Hi Siddharth,
    What do you mean by load your e-wallets “the right way”?

    Do you get points with any card for loading e-wallets? And can you use the same e-wallet in the petrol station?

    Reply
    1. Siddharth Post author

      Loading Paytm via other Paytm linked Apps (without charges) is what I mean.

      Reply
      1. Gaurav Singh

        Hey Sid, could you pls mention a couple of them. I’ve looked but couldn’t find the apps linked. Common man.

        Reply
  6. Anchit Singla

    In my opinion, the best fuel credit card is SBI BPCL Octane. I have been using it for 2 months. I have been able to find Company-owned Company-operated petrol pumps in Delhi and Chandigarh easily to redeem the points directly for fuel (@₹0.25 per point) without paying anything. You should do a review on that card.

    Reply
    1. Siddharth Post author

      Someone said that they’re not crediting points on that as well, as expected.

      Reply
  7. Nishant Raghatate

    Hi Siddharth,
    Kindly confirm capping on departmental stores, electricity and mobile bills category.
    You have mentioned it as 100 Rs while they have mentioned that “5% accelerated Reward points on categories such as departmental stores, electricity and mobile bills capped at Rs 200 worth PAYBACK points per month.”

    Reply
    1. Siddharth Post author

      Yes I saw that but somewhere else I saw the 100 cap too. Hence!

      Reply
      1. CreditCardJunkie

        It’s 400 Points… icicibank.com/managed-assets/docs/terms-condition/hpcl-super-saver-credit-card-tnc.pdf

        Reply
  8. Mahesh S. Panicker

    Don’t know why they opted for ano ther HPCL card when they already have another. This, as Sid mentions, is not much of an improvement on that. Does the grocery cashback include both offline and online? Anyways the cap is too low to be of any attraction.

    Sid, please have a look at the RBL Value Plus card, have heard some good things about this here and elsewhere. The cashback seems reasonable though RBL may not be the very best when it comes to crediting cashbacks on time. But it seems much better than this product from ICICI that has no one specific attraction going for it.

    Reply
  9. Deepak Jagga

    @anchit singla: which petrol pumps in chandigarh which accept sbi bpcl points?

    Reply
  10. Mugunthan

    @Siddharth

    Yes, I hold SBI BPCL. For joining got 2000 reward points and filled petrol at a BPCL Company operated petrol bump. At the same time, additionally filled petrol for about Rs.600. Never got any reward points for that. Also finding a bump close by to redeem rewards is very difficult. So seldom using the card other than for balance transfer/balance transfer on EMI options and small transactions once in a while to keep the card active.

    Have to apply for another card.

    Reply
  11. Chirag Katara

    Hi, if I read it properly, we get 5% cashback on fuel which is 4% + 1% fuel surcharge. Considering the limit to be Rs. 200 for the 4% cashback, and there is additional 1.5% in reward points, and if I don’t consider the fuel surcharge, it’s giving 5.5% of total benefit for spends upto Rs. 5000 in a month.

    Please correct me if I’m wrong 🙂 . I think this card makes sense for people who have fuel spends below 5k (maybe motorcycle or scooter users), provided they are willing to pay annual fee if not able to spend 1.5 lacs a year.

    Reply
  12. Arun

    Seems that ICICI and HPCL made an agreement to fool the customers. Sid, you are talking about paytm wallet loading but from 1st August onwards HP pay started imposing upto 1%(for loading and paying through credit card diff charges) fee after one month this card was launched and Don’t forget that there will be charges Rs. 25+ GST for each payback rewards redemption from ICICI even though payback don’t charge for rewards redemption, It’s purely charged by ICICI and it’s there foolishness. It’s just like a market trick to attract customers that they offering high rewards but in the actual scenario they are taking forcibly some share of those rewards in the name of “so called charges”.

    Reply
  13. Mugunthan

    Have applied for this card (upgrade of HPCL Coral to Super saver card) today. Mostly will know the card details (virtual card) by tomorrow evening and can start using it. The physical card will reach me by 11th Aug.

    As I got HPCL coral card only in May, 2021, I have asked for reversal of joining fee for Coral card. CC have accepted it.

    Points to note:
    Customer will get joining benefits of 2000 PB points equivalent to Rs.500 petrol only if Rs.5000 is spent within 45 days/2 statement cycles.

    Customer will get additional joining benefits of Rs.100 in HP Pay app for first recharge of minimum Rs.1000.

    On looking at the cash back and 24×7 road side assistance (such as Flat tyre support, Battery jumpstart or replacement, Fuel delivery, etc, I think this card rating should be 4 out of 5 at this fee/fuel category.

    Reply
  14. Abhishek Chatterjee

    Use ‘HPCL UNION Bank UNI CARBON’ RuPay CREDIT CARD –

    Various scenarios of cashback by using “UNION UNI CARBON” RuPay credit card at HPCL outlets:

    Using the card at HPCL outlets through PoS: Cardholder will get 4% cash back (16 reward points) and 1% fuel surcharge waiver to his card account, i.e., a total of 5% Cashback.

    Using the card for loading money to HP Pay wallet: Cardholder will get 1.50% cash back (6 pay back points) in their HP Pay wallet, i.e., 1.50% cashback.

    Using the card for payment at HPCL outlets through HP Pay App: Card holder can get 4% cash back(16 Reward points) and 1% fuel surcharge waiver to his card account and 1.50% cashback (6 pay back points) in their HPPay wallet, i.e.,a total 6.50% cashback.

    Milestone rewards – On reaching spends of Rs.1,25,000 in a year cardholder will get additional points in the form of milestone rewards.

    On reaching spends of Rs.2,00,000 in a year card holder – Additional rewards points earned 800 rewards points – Cumulative rewards points earned – 2,600 rewards points.

    Customer will receive additional 1,000 rewards for every Rs. 50,000 spends beyond Rs. 2.00 lakh in a billing year.

    Reply
  15. Mugunthan

    OK. As posted earlier, I got the virtual card very next day (yesterday-Aug.9th) after applying through CC. I can use it. Will receive the physical card mostly tomorrow (Aug.11th) or on Aug 12th.

    Coming to the joining benefits of 2000 rewards points (=Rs.500) and Rs.100 HP Pay, we can do wallet loading too. That is, for ex, Rs.4000 in Amazon and Rs.1000 in HP Pay wallet loading will give both the benefits. The wording “HP Pay recharge for Rs.1000 to get Rs.100 HP pay cash back” in card feature page is not correct. It is HP wallet loading only.

    Then, for payback redemption to HP Pay wallet, there are no charges as informed by HP Pay CC.

    Hence in my opinion this card is worth to have.

    Reply
  16. Athul Abraham

    Siddharth, you’ve mentioned 5% cashback on GROCERIES and departmental stores… But they fall under different MCC codes 5411/5311 respectively. Are you sure grocery spends are eligible too? I was not able to find the information about cashback on grocery spends anywhere in the MID pdf or T&C pdf of this credit card.

    Reply
  17. Rohit

    Never in my life I used payback to redeem. Icici gave me free rubyx and I used it well when there was bms buy1 and get 1. Then I got Amazon pay card which is better than rubyx.
    I use this only as back up for DCB and if I take infinia all thses will go to bin.

    Reply
    1. Arun

      Save Amazon pay card for wallet loading. Rest you can throw them in bin once you got infinia 😀

      Reply
      1. Rohit

        @arun
        Are you sure you get 1% for wallet loading using amazon pay card? I think I tried once loading Amazon wallet but I did not get any cashback.

        Reply
  18. Dinesh

    Well written Sid, at the same time please share/mention – what is best credit card to use in India for daily usage, paying regular utility bills, shopping (online/offline), travel, fuel, groceries and other basic requirements for common man. At least under fuel category what is the best credit card?

    Reply
  19. sr

    .How to get additional 1.5% cashback?
    After scanning hp qr code in petrol bunk, will we get credit card option to pay?
    .For adding money using credit card in hp pay app, i heard charges are there. Is it true?

    Reply
  20. Mugunthan

    @ sr

    I have added money in HP pay two days back for the first time using HPCL Super Saver Credit Card. See the transactions.

    05/09/2021 XXXXXXX [email protected]% 1.82 Cr.
    05/09/2021 YYYYYYY Rev of HPCL Surcharge Rev 10.10 Cr.
    04/09/2021 ZZZZZZZ HPCL-WWW.HPPAY.IN 1,021.92 Dr.

    Money added is Rs.1010 in HP Pay. So no charges at all. Plus got payback points too.

    Have not used HP Pay app yet to pay for fuel at Petrol pump. Will do in another 1 week and will post about it.

    Reply
    1. chandu

      I’ve added Rs.1500 for the first time in HPPay app using ICICI HPCL Super Saver credit card and I was charged Rs.1512.75, didn’t receive surcharge (Rs.12.75) refund.

      Reply
  21. Mugunthan

    I have used HP Pay for the 1st time on 21/9/2021. The HP petrol bunk is at 5 min drive from my home. I have called the owner priorly and verified all details about HP Pay. He is well aware of HP Pay.

    There are 3 ways to make payment. 1. Paycode 2.QR code 3.Pay with Tone.

    I chosed Paycode (which you can do in home itself before leaving to the pump). In the HP pay app, choose paycode option, fill the amount and click submit to generate code. A 8 digit (OTP like) code will be sent your phone. This code has to shared to the HP guy. You can note down this code on a paper and give the paper to the petrol pumb. No need to carry smart phone. Or SMS the number to the HP guy.

    Once a code generated it is valid for 30 minutes. If it not used, money will return to wallet.

    A very safe method to pay for fuel in Covid-19 situation.

    Reply
    1. Chandu

      I’ve used HP Pay with ICICI HPCL Super Saver credit card, chose paycode option to buy petrol from HPCL petrol pump but I didn’t receive 4% cashback for this transaction, received only 1.5% value payback points.

      Reply
    2. Athul Abraham

      Hi, Did you get the cashback Mr Mugunthan? I’m seeing many recent comments which say they are not recieving cashback or that they are not receiving surcharge waivers. Don’t know why

      Reply

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