In-depth review
HPCL ENERGIE BOBCARD Credit Card
The HPCL ENERGIE BOBCARD earns 24 reward points per ₹150 (~4% at ₹0.25/point) at eligible HPCL outlets plus a 1% HPCL fuel surcharge waiver, with quarterly domestic lounge access on a ₹499 fee that waives at ₹50,000. Both fuel benefits are gated to HPCL's eligible-outlet list and capped at 1,000 points a statement, and the base rate is a weak 2 RP per ₹150 — so it earns its keep only if you are genuinely loyal to HPCL.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹125 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
16 points/₹100 on Fuel (~4% value)
24 RP per ₹150 (~4% at ₹0.25/point) at eligible HPCL outlets, capped at 1,000 RP per statement (~₹6,250 of monthly HPCL spend). Restricted to HPCL's eligible-outlet list w.e.f. 15 July 2026
6.67 points/₹100 on Groceries (~1.67% value)
10 RP per ₹150 (~1.7%) at departmental stores; capped at 1,000 RP per statement, shared with the utility tier. Supermarkets and convenience stores are excluded from the reward programme
Airport Lounge Access
4 complimentary domestic airport lounge visits a year (1 per quarter) at partner lounges, subject to ₹20,000 of spend in the preceding calendar quarter
Annual Fee Waiver
Fee of ₹499 + 18% GST (₹589 all-in)/yr fully waived when you spend ₹50,000/year
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹100/month
Movie Ticket Benefit
25% off up to ₹100 on booking a minimum of 2 tickets per transaction, usable up to twice a month per district for the primary cardholder
UPI Linked
Pay UPI QR codes from your credit line. What UPI payments earn can depend on the app you pay through, so check the rewards details.
⛽ FUEL BENEFITS
Co-branded card — maximum savings at HPCL stations.
Up to 4%
Fuel reward rate
1%
Surcharge waiver
₹100
Waiver cap/month
PARTNER FUEL STATIONS
- Co-branded card — maximum rewards at HPCL fuel stations
- Up to 4% effective return on fuel purchases
- 1% fuel surcharge waiver at all fuel stations
🎬 ENTERTAINMENT BENEFITS
Movies, OTT subscriptions and entertainment perks.
- 25% off up to ₹100 on booking a minimum of 2 tickets per transaction, usable up to twice a month per district for the primary cardholder
✈️ TRAVEL BENEFITS
Lounge access, miles, forex rates and travel perks at a glance.
AIRPORT LOUNGE ACCESS
4 visits/yr
Domestic lounges
₹2,000
Estimated annual value
3.5%
Forex markup
- Domestic airport lounge access (4 domestic visits/yr, worth ~₹2,000)
Drivers who consistently refuel at HPCL pumps and can keep monthly fuel spend near the ₹6,250 cap. The card pays well inside that lane and poorly outside it, so it works as a dedicated fuel card alongside a stronger everyday earner.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.25. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Fuelonly at Eligible HPCL retail outlets on the HPCL/BOBCARD merchant (MID/TID) list, HPCL LPG and the HP Pay app. Fuel bought at HPCL outlets outside that list, at other fuel brands, and HP Pay wallet loads and direct debits do not earn the accelerated rate. | reward points | 4%16 pts/₹100 × ₹0.25 | ₹250 |
| Groceriesonly at Departmental stores only. Supermarkets, convenience stores, variety stores and general retail stores (MCC 5261, 5331, 5411, 5499) earn no reward points on any BOBCARD variant. | reward points | 1.67%6.67 pts/₹100 × ₹0.25 | ₹250one cap shared with Utility Bills |
| Utility Bills | reward points | 1.67%6.67 pts/₹100 × ₹0.25 | ₹250one cap shared with Groceries |
| Other | reward points | 0.33%1.33 pts/₹100 × ₹0.25 | — |
Fuel: 24 RP per ₹150 (~4% at ₹0.25/point) at eligible HPCL outlets, capped at 1,000 RP per statement (~₹6,250 of monthly HPCL spend). Restricted to HPCL's eligible-outlet list w.e.f. 15 July 2026 · Eligible HPCL retail outlets on the HPCL/BOBCARD merchant (MID/TID) list, HPCL LPG and the HP Pay app. Fuel bought at HPCL outlets outside that list, at other fuel brands, and HP Pay wallet loads and direct debits do not earn the accelerated rate.
Groceries: 10 RP per ₹150 (~1.7%) at departmental stores; capped at 1,000 RP per statement, shared with the utility tier. Supermarkets and convenience stores are excluded from the reward programme · Departmental stores only. Supermarkets, convenience stores, variety stores and general retail stores (MCC 5261, 5331, 5411, 5499) earn no reward points on any BOBCARD variant.
Utility Bills: 10 RP per ₹150 (~1.7% at ₹0.25/point) on utility bills; the 10-RP tier is capped at 1,000 RP per statement, shared with departmental-store spend
Other: 2 reward points per ₹150 (~0.3% at ₹0.25/point) on all other categories, including UPI spends
Earns nothing on: Supermarkets / convenience stores / general retail (MCC 5261/5331/5411/5499) · Rent · Wallet Loads · Government & Tax · Education · Insurance · Hospitals · Transport / toll / bus · Charity · Fast food restaurants · Fuel outside HPCL's eligible-merchant list
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹589 |
| Joining fee (incl. 18% GST) | ₹589 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap ₹100 |
Perks & benefits
Estimated annual value beyond rewards — ~₹3,800/yr in total.
1% fuel surcharge waiver on HPCL fuel transactions between ₹400 and ₹5,000, capped at ₹100 per statement. Applies only at HPCL outlets on the eligible-merchant list
4 complimentary domestic airport lounge visits a year (1 per quarter) at partner lounges, subject to ₹20,000 of spend in the preceding calendar quarter
25% off up to ₹100 on booking a minimum of 2 tickets per transaction, usable up to twice a month per district for the primary cardholder
Should you get it?
- Best for: Drivers loyal to HPCL pumps, Bank of Baroda customer wanting a fuel co-brand with UPI, Someone pairing a dedicated fuel card with a stronger everyday earner
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on Utility Bills (1.67% back; 4% only at Eligible HPCL retail outlets on the HPCL/BOBCARD merchant (MID/TID) list, HPCL LPG and the HP Pay app. Fuel bought at HPCL outlets outside that list, at other fuel brands, and HP Pay wallet loads and direct debits do not earn the accelerated rate.).
- Frequent travellers benefit from the included airport lounge access.
Pros & cons
✓ Pros
- ~4% back at eligible HPCL outlets, plus a 1% HPCL fuel surcharge waiver
- Quarterly domestic lounge access on a mid-fee card
- UPI-linked RuPay — pay by scanning QR codes
- Low ₹50,000 annual-spend waiver bar
- No 1% fuel processing fee on large fuel transactions, unlike other BOBCARDs
✕ Cons
- The 4% fuel rate and the surcharge waiver apply only at HPCL outlets on the eligible-merchant list
- Accelerated points capped at 1,000 RP per statement — the fuel earn stops near ₹250/month
- Base rate of 2 RP/₹150 (~0.3%) is very weak outside the bonus categories
- Supermarkets, rent, government, education and utilities-adjacent MCCs earn nothing
- 3.5% forex markup — not for international transactions
Eligibility & documents
This is the figure for salaried applicants. Where BOBCARD sets a separate one for the self-employed, its own eligibility page gives it.
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 2 months bank statement reflecting salary credit (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Statement credit / cashback adjustment (₹0.25/point)
- 🎁Online rewards catalogue (vouchers, merchandise)
- 🎁Earn reward points on UPI transactions via linked apps
What your BOB Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Standard redemption
Brand & e-gift vouchers
Both the 4% earn and the surcharge waiver are gated to HPCL's eligible-outlet list (tightened 15 July 2026) and capped at 1,000 points a statement; everything off-brand earns ~0.3%. One documented conflict — BOB's MITC footnote says waiver-eligible fuel transactions do not earn reward points, while the HPCL page advertises the stacked 4% points + 1% waiver; the page is the card-specific benefit statement, and we track the next MITC revision.
Frequently asked questions
What do I earn on fuel?
Do fuel transactions that get the surcharge waiver also earn reward points?
Does it work at any petrol pump?
Which network is it issued on?
What are the fees and how is the fee waived?
Is there lounge access?
How has the HPCL ENERGIE BOBCARD Credit Card changed over time?
Has the HPCL ENERGIE BOBCARD Credit Card been devalued recently?
When did the HPCL ENERGIE BOBCARD Credit Card's fees last change?
How did the HPCL ENERGIE BOBCARD Credit Card change in 2026?
The bottom line
A focused, honest fuel card: ~4% back at eligible HPCL outlets plus a 1% surcharge waiver, with lounge access as a bonus. The base rate of 2 RP/₹150 (~0.3%) is among the weakest in the catalogue, and the 1,000-point statement cap ceilings the fuel earn at roughly ₹250 a month — so its value is almost entirely a function of how loyal you are to HPCL.
How this page was built
Counted from this card’s own record: 4 earn rules, 3 of them capped, 2 paid only at named merchants, the spends listed as earning nothing and 3 recorded perks. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the HPCL ENERGIE BOBCARD Credit Card are taken from BOBCARD's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for BOBCARD. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2022 · last change Jul 2026
2026
- ▼ RewardObserved 17 Jun 2026 · Effective 15 Jul 2026
Fuel rewards and surcharge waiver restricted to HPCL's eligible-outlet list
Accelerated 24 RP per ₹150 and 1% surcharge waiver at all HPCL fuel outlets→Only at HPCL outlets on the eligible merchant (MID/TID) list HPCL shares with BOBCARD; off-list pumps earn base rate with no waiver
BOBCARD tied both the ~4% accelerated reward rate and the 1% fuel surcharge waiver to a specific list of eligible HPCL fuel outlets (by MID/TID). A fill-up at an HPCL pump that is not on that list now earns only the base 2 RP per ₹150 and no surcharge waiver, narrowing the card's core value proposition to a subset of HPCL stations.
Verification: BOBCARD ↗ · Confidence: High
- ▼ FeeEffective 1 Apr 2026
Processing fees added on toll/bus, high-value rail and third-party education spends
None→1% (toll/bus ≥₹5,000; rail ≥₹30,000; 3rd-party education apps — each max ₹5,000)
From 1 April 2026 BOBCARD applied a 1% processing fee across almost all its cards: on toll and bus (MCC 4784) spends of ₹5,000 or more, on railway bookings (MCC 4112) of ₹30,000 or more (capped ₹5,000), and on education-fee payments made through third-party apps such as CRED, Paytm, PhonePe and MobiKwik (capped ₹5,000).
Verification: BOBCARD ↗ · Confidence: High
2025
- ▼ FeeEffective 1 Jul 2025
Finance charge raised to 3.75% per month
3.25% per month (39% p.a.)→3.75% per month (45% p.a.)
Effective 1 July 2025 BOBCARD revised the monthly finance charge on carried balances and cash advances to 3.75% (45% a year) for all card variants except Eterna, Eterna FD and Tiara. This is the change behind the card's current 3.75%/month rate — it only applies if you revolve a balance or take a cash advance.
Verification: BOBCARD ↗ · Confidence: High
- ▼ RedemptionEffective 1 Jul 2025
Minimum redemption raised to 1,000 points
Lower / no fixed minimum→1,000 points minimum
Effective 1 July 2025 redeeming reward points against the statement balance requires a minimum of 1,000 points, applied across all BOBCARD credit-card variants — a small delay to when points become usable.
Verification: BOBCARD ↗ · Confidence: High
- ▲ RewardEffective 1 Jul 2025
Utility bill payments earn reward points again
No reward points on utility bills→Core reward points restored on utility bills
From 1 July 2025 BOBCARD restored core reward points on utility bill payments (MCC 4900 — electricity, gas, water) across all variants, partly reversing the July 2024 special-category cull that had zeroed them out. Earning is at the card's core base rate, not an accelerated rate.
Verification: BOBCARD ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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