Base reward rate: Up to 6.5% savings on HPCL fuel spends, 1.5% cashback on HP Pay app fuel, and 1.33 points per ₹100 on other spends.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 499
Annual fee: 499
Pros
High savings of up to 6.5% on HPCL fuel, combining 24 reward points per ₹150, a 1.5% cashback on the HP Pay app, and a 1% fuel surcharge waiver.
Accelerated rewards on common expenses, offering 10 reward points per ₹150 spent on utilities and at departmental stores.
Complimentary domestic airport lounge access with up to 4 visits per year (1 per quarter), a premium feature for a card at this fee level.
Very achievable annual fee waiver, requiring a spend of only ₹50,000 in a year to make the card effectively free.
Good entertainment benefit with 25% off up to ₹100 on movie tickets twice a month via the District app, offering potential annual savings of ₹2,400.
Cons
Lounge access is conditional and not guaranteed, requiring a minimum spend of ₹20,000 in the previous quarter to unlock the benefit.
The high reward rates are subject to monthly capping on the number of bonus points that can be earned, limiting the overall savings for users with high fuel or utility spends.
The base reward rate of 2 points per ₹150 is very low, offering minimal value on all spending outside of the specified bonus categories.
The value of rewards is diminished by a low redemption ratio, which reduces the actual cashback percentage from the high advertised earn rates.
The 1% fuel surcharge waiver is capped at a low limit of ₹100 per month, restricting the benefit to a maximum of ₹10,000 in fuel spends monthly.
Best Use Case
Individuals who frequently purchase HPCL fuel, pay utility bills, and shop at departmental stores, seeking accelerated rewards and domestic lounge access.