India: HPCL, ICICI Bank launch co-branded credit card

‘ICICI Bank HPCL Super Saver Credit Card’ will enable users to get benefits and rewards points at HPCL’s fuel stations.

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Hindustan Petroleum Corporation Limited (HPCL), a Maharatna Oil & Gas Public Sector undertaking, is partnering with ICICI Bank, a leading private sector bank in India, to launch a co-branded credit card that will enable users to get benefits and rewards points at HPCL’s fuel stations.

Named ‘ICICI Bank HPCL Super Saver Credit Card’ and powered by VISA, the card offers rewards and benefits to customers on their everyday spends on fuel as well as other categories including electricity and mobile, departmental stores, and e-commerce portals, among others.

“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,” said HPCL Executive Director - Retail, Shri S K Suri.

Founded in 1974, HPCL has over 18% market share in India and has a strong presence in the retail sector with over 18,000 fuel stations.

ICICI Bank subsidiaries include India's leading private sector insurance, asset management and securities brokerage companies, and it’s among the country’s largest private equity firms. It is present across 15 countries, including India.