HPCL Bank of Baroda ENERGIE Credit Card

In collaboration with Hindustan Petroleum Corporation Limited (HPCL), Bank of Baroda has introduced the HPCL Bank of Baroda ENERGIE Credit Card, tailored for the rising fuel costs. Despite the necessity of fuel, this card rewards your fuel expenses. In competition with the ICICI Bank HPCL Super Saver Credit Card, both offer unique perks. The ENERGIE Credit Card, priced at a reasonable Rs. 499 joining and renewal fee, grants substantial rewards, including up to 24 Reward Points for every Rs. 150 spent at HPCL fuel stations. Additionally, a welcome benefit of 2,000 Reward Points awaits cardholders.

Key Highlights of HPCL Bank of Baroda ENERGIE Credit Card

Unlock unparalleled benefits with the HPCL Bank of Baroda ENERGIE Credit Card.

  1. Targeted Usage: Ideal for fuel-related expenses
  2. Joining Fee: Initial fee of Rs. 499, charged in the first statement
  3. Renewal Fee: Rs. 599, waived if annual spending reaches Rs. 50,000
  4. Income Criteria: Salaried – Rs. 3.6 lakh p.a., Self-employed – Rs. 4.8 lakh p.a.
  5. Welcome Bonus: Earn 2,000 reward points by spending Rs. 50,000 within 60 days
  6. Key Feature: Enjoy up to 5% savings on fuel transactions at HPCL outlets

Features and Benefits of HPCL Bank of Baroda ENERGIE Credit Card

The HPCL Bank of Baroda ENERGIE Credit Card offers several features and benefits:

1. Fuel Savings and Rewards:

  • Earn 24 reward points for every Rs.150 spent at HPCL outlets.
  • Receive 1.5% cashback in payback points on HP Pay app fuel transactions.

2. Joining Benefits:

  • Get Rs.100 on first Rs.1,000+ HP Pay app recharge.
  • Enjoy 2,000 reward points for Rs.5,000+ spending in 60 days.

3. Accelerated Reward Points:

  • Earn 10 points per Rs.150 on groceries, departmental stores, and utility.
  • Gain 2 points per Rs.150 on other categories.

4. Movie Discount:

  • Avail 25% off (up to Rs.100) on Paytm Movies with a minimum booking of two tickets.

5. Airport Lounge Access:

  • Enjoy four free airport lounge visits annually.

6. Fuel Surcharge Waiver:

  • 1% waiver on Rs.400 to Rs.5,000 HPCL fuel purchases, including HP Pay app transactions.

7. Annual Fee Waiver:

  • Spend Rs.50,000 in the previous year for an annual fee waiver.

8. Add-on Card Facility:

  • Extend card benefits to family with up to three lifetime free add-on cards.

9. Smart EMI:

  • Convert purchases over Rs.2,500 into smart EMIs ranging from 6 to 36 months.

HPCL Bank of Baroda ENERGIE Credit Card Fees and Charges

Explore the fee structure for the HPCL Bank of Baroda ENERGIE Credit Card and discover the financial advantages that come with it.

1. Joining Fee: Rs. 499

2. Renewal Fee:

  • Rs. 499 (plus applicable taxes)
  • Spend Rs. 50,000+ in the preceding year to waive renewal fee.

3. Rewards Redemption Fee: Nil

4. Foreign Currency Markup: 3.5% on all foreign transactions

5. Interest Rates: 3.49% pm (41.88% annually)

6. Fuel Surcharge: 1% at all fuel stations in India

7. Cash Advance Charges: 2.5% of the amount or Rs. 500, whichever is higher.

Eligibility Criteria for HPCL Bank of Baroda ENERGIE Credit Card

Here are essential criteria for applying for an HPCL Bank of Baroda ENERGIE Credit Card:

1. Target Audience:

  • Indian residents

2. Income Criteria:

  • Salaried individuals: Minimum income of ₹3.6 L
  • Self-employed individuals: Minimum income of ₹4.8 L

3. Age Requirements:

  • Primary Cardholder: 21 to 65 years
  • Add-on Cardholder: Above 18 years

Documents Required for HPCL Bank of Baroda ENERGIE Credit Card

To apply for the HPCL Bank of Baroda ENERGIE Credit Card, you will typically need to provide the following documents:

  1. Provide a copy of your PAN card.
  2. Submit income documents such as the latest salary credit bank statement or the current fiscal year Income Tax Return (ITR).
  3. Furnish proof of your current residence.
  4. Include one recent passport-size photograph in your application.

How to apply for HPCL Bank of Baroda ENERGIE Credit Card

Follow these steps to apply for the HPCL Bank of Baroda ENERGIE Credit Card online or offline:

1. Apply Conveniently:

  • Online: Visit Bank of Baroda’s official website.
  • Navigate to ‘Credit Cards.’
  • Select ‘HPCL Bank of Baroda ENERGIE Credit Card’ and click ‘Apply Now.’
  • Fill in details and submit required documents.

2. Offline Application:

  • Visit the nearest bank branch.
  • Complete the credit card application form.
  • Attach necessary documents.
  • Submit the form to bank officials for processing.

Frequently Asked Questions (FAQs)

1. What is the HPCL Bank of Baroda ENERGIE Credit Card?

The HPCL Bank of Baroda ENERGIE Credit Card is a co-branded credit card offered by Bank of Baroda in partnership with Hindustan Petroleum Corporation Limited (HPCL). It is designed to provide exclusive benefits and rewards for fuel purchases and other expenditures.

2. How can I apply for the HPCL Bank of Baroda ENERGIE Credit Card?

You can apply for the ENERGIE Credit Card through the Bank of Baroda website or by visiting a Bank of Baroda branch. The application process typically involves submitting the required documents and meeting the eligibility criteria set by the bank.

3. What are the key features of the ENERGIE Credit Card?

The key features include:

  • Fuel surcharge waiver at HPCL petrol pumps.
  • Reward points on fuel transactions and other purchases.
  • Discounts and offers on dining, shopping, and other lifestyle categories.
  • Access to exclusive privileges and benefits.

4. Is there an annual fee for the HPCL Bank of Baroda ENERGIE Credit Card?

The annual fee and other charges may vary. It is recommended to check the latest fee structure on the Bank of Baroda website or contact the customer service for the most accurate and up-to-date information.

5. How does the fuel surcharge waiver work on the ENERGIE Credit Card?

Cardholders can enjoy a fuel surcharge waiver at HPCL petrol pumps when using the ENERGIE Credit Card for fuel transactions. The waiver is subject to terms and conditions, and the specific details can be found in the card’s terms of use.

6. Can I earn reward points on all transactions made with the ENERGIE Credit Card?

Reward points are typically earned on eligible transactions, including fuel purchases and other expenditures. The reward structure may vary, and it is advisable to review the card’s reward program details for specific information on earning and redeeming points.

7. How can I redeem the reward points accumulated on the ENERGIE Credit Card?

Redemption options for reward points may include cashback, merchandise, vouchers, or other benefits. The redemption process and available options can be found in the credit card’s rewards program guide provided by Bank of Baroda.

8. Is there a grace period for the repayment of the ENERGIE Credit Card bill?

The billing cycle and grace period for repayments may vary. It is important to check the credit card statement or contact the bank’s customer service for specific information on billing cycles and due dates.

9. How can I check my ENERGIE Credit Card balance and statements?

Cardholders can check their credit card balance and statements through the Bank of Baroda online banking portal or mobile app. Additionally, monthly statements are sent to the registered email address.

10. What should I do if my ENERGIE Credit Card is lost or stolen?

In case of loss or theft, it is crucial to report it immediately to Bank of Baroda’s customer service. The bank will guide you through the process of blocking the card and issuing a replacement to ensure the security of your account.