ICICI Bank HPCL Super Saver Credit Card Launch – Check Features, Rewards & Benefits
ICICI Bank today announced the launch of a co-branded credit card with Hindustan Petroleum Corporation Limited (HPCL) to allow users to earn benefits and reward points by using multiple credit cards in one. Named “ICICI Bank HPCL Super Saver Credit Card”, the card claims to offer the best rewards and benefits to customers on their daily fuel expenses as well as other categories including electricity and mobile, department stores like Big Bazaar and D -Mart and e-commerce portals, among others. Powered by VISA, the card is unique among its peers which typically offer benefits on a single category of spending.
Features of ICICI Bank HPCL Super Saver credit card:
# 5% cash back on fuel spend at HPCL outlets, which includes 4% cash back and 1% surcharge waiver
# Additional 1.5% advantage in the form of PAYBACK reward points on fuel expenses made via HPCL’s âHP Payâ application
# 5% profit in the form of PAYBACK reward points on electricity and mobile phone expenses as well as on purchases at department stores like Big Bazaar and D-Mart.
# 2 PAYBACK points per Rs 100 spent on all other categories including purchases at local stores and e-commerce portals for online shopping
# 2000 PAYBACK points as a membership benefit, which are credited to the customer’s PAYBACK account when the card is activated
# Cashback of Rs 100 in the wallet of the ‘HP Pay’ application on the first transaction made using the application with a value of Rs 1000 or more
Speaking at the launch of the card, Sudipta Roy, Head of Unsecured Assets, ICICI Bank, said: âAt ICICI Bank, we are constantly striving to offer innovative proposals that meet the growing and changing needs of clients. We are delighted to partner with HPCL to launch the âICICI Bank HPCL Super Saver Credit Cardâ. Typically, similar credit cards offer accelerated benefits over spending in a category. This card breaks that barrier because it allows customers to save money on every transaction they make. This really makes the card a savings âsuper starâ. We believe this card will allow customers to save more while enjoying the convenience of digital payments. “
SK Suri, Executive Director of HPCL – Retail, said: âHPCL is very pleased to partner with ICICI Bank to launch the ‘ICICI Bank HPCL Super Saver Credit Card’ with unique offers and rewards to enhance the experience. customer. This credit card will help promote the digital payment ecosystem in points of sale and meet customer expectations with its innovative offers. The customer will also get additional loyalty points when using this card on our HP Pay app.
Customers can apply for the âICICI Bank HPCL Super Saver Credit Cardâ through the bank’s online banking platform or the mobile banking app, iMobile Pay. They get a digital card in a 100% contactless and paperless way. The physical card is also sent to the customer by ICICI Bank within a few days. Additionally, customers can easily manage their transaction settings and credit limit on the iMobile Pay app.
Additionally, they can upgrade their existing ICICI Bank credit card to âICICI Bank HPCL Super Saver Credit Cardâ using iMobile Pay and online banking.
Value-added advantages of the card:
# Industry’s first feature of free 24/7 roadside assistance
# Exemption from annual fees on expenses of Rs 1,50,000 / –
# Free access to the domestic airport lounge
# Exclusive discounts on movie ticket reservations on BookMyShow and Inox
# Exclusive catering offers thanks to the Bank’s Culinary Treats program
PAYBACK points are credited to the customer’s PAYBACK account which is automatically created when the card is issued. Customers can then redeem these points as they choose on the PAYBACK website, the âHP Payâ app or at PAYBACK partner stores / websites. They can also redeem PAYBACK points for the purchase of fuel at HPCL points of sale.