ICICI BankFUELAUDIT: VERIFIED SEPTEMBER 2026

ICICI Bank HPCL Coral Credit Card

ICICI Bank • Visa / Mastercard

+ Add to Compare

Entry-tier fuel card with 2.5% cashback and 1% fuel surcharge waiver at HPCL outlets, plus 2 reward points per INR 100 on retail.

VARIANT:
CARRYING COSTS
Joining Fee₹199
Annual Fee₹199 + 18% GST = ₹234.82
₹199
REWARD SUMMARY
Reward CurrencyICICI Reward Points & Fuel Cashback
Top Reward Rate3.5%
Reward Tiers3 categories
IN-PAGE YIELD SIMULATOR

Calculate Your Real Annual Profit on ICICI Bank HPCL Coral Credit Card

Drag the slider to your estimated monthly card spend to project net monetary yield.

Monthly Card Spend:₹25,000 / month
Annual Spend₹3,00,000
Gross Rewards+₹10,500
Annual Fee Deducted₹0 (Waived!)
Net Annual Profit₹10,500
ACTUARIAL DISCLOSURE · THE BRUTAL TRUTH

The Math Behind ICICI Bank HPCL Coral Credit Card

ICICI Bank HPCL Coral Credit Card (ICICI Bank) un logon ke liye design kiya gaya hai jo FUEL categories me spend karke 3.5% tak ka value back chahte hain. Lekin ₹199 (+18% GST) ki annual fee ke sath, asli net profitability aapke merchant categories, waiver spend milestones aur hidden exclusions par depend karti hai.

BREAK-EVEN SPEND THRESHOLD (ASLI HISAAB):

• Partner Merchant Spends (3.5% return): Fee recover karne ke liye sirf ₹474 / mahina (₹5,686 / saal) spend zaroori hai.

• Regular Offline Spends (3.5% base return): Fee recover karne ke liye lagbhag ₹474 / mahina spend karna hoga. Isse kam spend karne par annual fee ki wajah se net return loss me chala jayega.

local_gas_station

1. Fuel Brand Ecosystem Lock-in

Fuel credit cards specific oil marketing companies (BPCL, IndianOil, ya HPCL) ke official POS terminals ke sath tied-up hote hain jahan 4% se 7.25% tak ka value-back milta hai. Dusri rival oil company ke pump par swipe karne par rate drop hokar zero ho jata hai.

receipt_long

2. Surcharge Waiver Reality vs Un-waived 18% GST

Petrol pump par lagne wala 1% fuel surcharge bank reverse karta hai, lekin surcharge par lagne wala 18% GST bank kabhi reverse nahi karta aur customer ke account se deduct hota hai. Isliye 100% waiver ke bawajood chhota sa net GST loss hota hai.

speed

3. Monthly Surcharge Waiver Ceiling

Fuel surcharge waiver sirf ₹400 se ₹4,000/₹5,000 ke beech ke transaction amount par hi valid hota hai. Monthly maximum waiver cap ₹100 se ₹250 par set hota hai, jo 3-4 tank refills me poora exhaust ho jata hai.

check_circleKise Lena Chahiye (Who Should Apply):

Agar aapka natural monthly kharcha FUEL merchants par hota hai aur aap saal me ₹5,686 ka spend aaram se cross kar lete hain.

cancelKise Bilkul Nahi Lena Chahiye (Who Should SKIP):

Agar aapka kharcha offline dukanon, petrol ya rent par zyada hota hai, ya online spend ₹474/mahine se kam hai, toh is card ko skip karein kyunki fee recover nahi hogi.

HEAD-TO-HEAD BENCHMARK

Top Direct Alternatives to ICICI Bank HPCL Coral Credit Card

Compare against SBI BPCL Octane Cardarrow_forwardCompare against IndianOil HDFC Cardarrow_forward
THE 60-SECOND RECOMMENDATION ENGINE

Not sure if this card matches your exact salary & spending?

Run our 100% anonymous mathematical quiz across all 35+ Indian Banks and 500+ Credit Instruments without sharing your mobile number.

Find My Card in 60s →

Frequently Asked Questions

What is the annual fee of ICICI Bank HPCL Coral Credit Card and how can it be waived?expand_more

ICICI Bank HPCL Coral Credit Card ki joining aur annual renewal fee ₹199 + 18% GST (Total: ₹234.82) hai. Agar aap pichle saal me ₹1,00,000 ya usse zyada spend karte hain, toh renewal fee 100% reverse (waive) ho jati hai.

What is the minimum salary required for ICICI Bank HPCL Coral Credit Card?expand_more

Salaried applicants ke liye minimum net in-hand monthly salary ₹2,40,000 aur 750+ CIBIL score hona zaroori hai. Self-employed applicants ke liye ₹6.0 Lakhs+ annual ITR mandatory hai.

What are the ATM cash withdrawal and international forex charges?expand_more

ATM se cash withdraw karne par 2.5% (minimum ₹500) cash advance fee aur pehle din se finance charges lagte hain. International foreign currency spends par standard 3.5% forex markup + 18% GST deduct hota hai.

How does ICICI Bank HPCL Coral Credit Card reward point redemption work?expand_more

Earn kiye gaye points ko statement cash ya partner shopping vouchers me redeem kar sakte hain. Statement credit lene par 1 point lagbhag ₹0.25 ka hota hai aur bank ₹99 + 18% GST redemption fee charge karta hai.

• Data Authority: Audited against official bank Most Important Terms and Conditions (MITC) Schedule.

• Regulatory Reference: Reserve Bank of India (RBI) Credit & Debit Card Directions 2022/2024.

• Verification: Independent research conducted by EQUIS Intelligence Labs • Last verified: September 2026.

ICICI Bank HPCL Coral Credit Card₹199 Annual Fee