ICICI Bank and Hindustan Petroleum launches co-branded credit card

·         Will offer 5% cashback on HPCL fuel spends 

·         Will offer 5% payback reward points on electricity bills, mobile purchases and departmental stores

·         Offers airport lounge access attractive discounts on movie tickets

 

 ICICI Bank has launched a co-branded credit card in a collaboration with Hindustan Petroleum Corporation Limited (HPCL). This multipurpose credit card will serve multiple benefits and users will get reward points post purchase. The  ‘ICICI Bank HPCL Super Saver Credit Card’, will offer reward points for multiple different categories including electricity, mobile, and fuels. Card users can also maximize their savings at Big Bazaar and D- Mart. Multipurpose single card is powered by VISA. 

 

Speaking on the launch, Mr. Sudipta Roy, Head – Unsecured Assets, ICICI Bank said, “We at ICICI Bank constantly strive to offer innovative propositions that address the growing and changing needs of customers. We are delighted to partner with HPCL to launch the ‘ICICI Bank HPCL Super Saver Credit Card’. Typically, similar credit cards offer accelerated benefits on spends in one category. This card breaks that barrier as it enables customers to save on every transaction that they make. This truly makes the card a ‘super star’ of savings. We believe that this card will empower customers to save more while enjoying the convenience of digital payments.”

 

HPCL Executive Director - Retail, Shri S K Suri, said “HPCL is very happy to partner with ICICI Bank to launch ‘ICICI Bank HPCL Super Saver Credit Card’ with unique offerings and rewards to enhance customer experience. This credit card will help in promoting the digital payment ecosystem at retail outlets and meet the expectations of the customers with its innovative offerings. The customer will also get additional loyalty points when they use this card on our HP Pay App.”

 

Customers can apply for  ‘ICICI Bank HPCL Super Saver Credit Card’ via ICICI bank’s Internet Banking platform or through mobile banking application iMobile Pay. After receiving the digital card, customers can begin with the shopping process. Physical card will also be delivered at the customer's doorstep. Through iMobile Pay App customers can set their credit card limit, other settings can also be made via mobile application. 

 

Additionally, they can upgrade their existing ICICI Bank credit card to ‘ICICI Bank HPCL Super Saver Credit Card’ using iMobile Pay and internet banking. 

 

The PAYBACK points will be credited to the customer's PAYBACK account which is auto- created after card issuance.  Customers can then redeem these points as per their choice on the PAYBACK website, ‘HP Pay’ app, or at PAYBACK partners stores/website. PAYBACK points can be redeemed for purchasing fuel from HPCL outlets.