Base reward rate: Earn 2 reward points per ₹100 on general spends, with up to 8.83% savings on travel, 5% on HPCL fuel, groceries, FASTag, and utilities.
Redemption options: flights, cashback, vouchers
Redemption value: 1 Pt = ₹0.25
Fees & Charges
Joining fee: 499
Annual fee: 499
Pros
Excellent fuel savings of up to 6.5% at HPCL outlets, combining a 5% reward rate (30 points per ₹150) and a 1.5% benefit via the HP Pay App.
High 5% reward rate (30 points per ₹150) on essential spending categories including groceries, utility bill payments, and IDFC FIRST FASTag recharges.
Strong welcome benefits that exceed the joining fee, including a ₹500 fuel voucher, 5% cashback up to ₹1,000 on the first EMI, and a ₹250 Shoppers Stop voucher.
Achievable annual fee waiver, making the card effectively free by spending a reasonable ₹1.5 lakh in the preceding year.
Consistent monthly lifestyle benefit with a 25% discount on movie tickets, up to ₹100, on the District by Zomato app.
Earns rewards on fuel transactions (5% savings: 30 reward points per Rs. 150 spent on HPCL fuel, up to 2400 reward points in a statement cycle; 1.5% savings through HP Pay App: 6 Happy Coins per Rs. 100 on fuel spends through HP Pay App, up to 600 Happy Coins per month rate)
Cons
Domestic lounge access is highly restrictive, requiring a minimum monthly spend of ₹20,000 to unlock one complimentary visit per quarter.
The high 5% reward rate on groceries and utilities is severely limited by low monthly caps, applying to only the first ₹2,000 of spends in each category (max ₹100 value).
As a co-branded card, all significant fuel benefits are exclusively restricted to HPCL fuel stations, offering no value at other providers like IOCL or BPCL.
The base reward rate for non-accelerated categories is a low 0.5% (3 points per ₹150), making it uncompetitive for general spending.
Best Use Case
Individuals who frequently spend on HPCL fuel, travel, groceries, and utilities, seeking accelerated rewards and lifestyle benefits.