Axis Bank Horizon Mastercard Credit Card vs ICICI Bank HPCL Coral Credit Card Visa: Which is Better in 2026?
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When comparing the Axis Bank Horizon Mastercard Credit Card and the ICICI Bank HPCL Coral Credit Card, the former offers more travel-focused rewards while the latter is tailored for everyday spending. Both cards have similar foreign currency transaction fees but differ significantly in their annual fees and reward structures.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Axis Bank Horizon Mastercard Credit Card | ICICI Bank HPCL Coral Credit Card Visa |
|---|---|---|
| Bank | Axis Bank | ICICI Bank |
| Network | MasterCard | Visa |
| Joining fee | Joining Fee of Rs.3000 | Joining Fee of Rs.199 |
| Annual / renewal fee | Annual Fee - Rs.3000 | Annual Fee of Rs.199 |
| Annual fee waiver | — | Spend Rs.50000 For Waiver of Annual Fee |
| Reward rate (headline) | Earn 5 EDGE Miles on Every Rs.100 Spent on Travel | Earn 2 Reward Points per Rs.100 on Grocery & Departmental Store |
| Lounge — domestic | 6 Complimentary Lounge Access in India | — |
| Lounge — international | Enjoy 2 International Complimentary Airport Lounge Access | — |
| Welcome benefit | Welcome Benefits - 5000 EDGE Reward Points | — |
| Milestone benefit | Renewal Benefit - 1500 EDGE Miles | — |
| Foreign currency markup | 3.50% - Foreign Currency Transactions | 3.50% - Foreign Currency Transactions |
Which is better for rewards?
The Axis Bank Horizon Mastercard Credit Card is better for rewards, especially for travel-related expenses, offering 5 EDGE Miles on every Rs.100 spent on travel. In contrast, the ICICI Bank HPCL Coral Credit Card provides 2 Reward Points per Rs.100 spent on groceries and other categories, which may be less appealing for frequent travelers. Additionally, the Axis card has a welcome benefit of 5000 EDGE Reward Points, enhancing its value for new users.
Which is better for travel?
For travel benefits, the Axis Bank Horizon Mastercard Credit Card stands out with its international lounge access and higher reward points on travel spending. The ICICI Bank HPCL Coral Credit Card lacks any lounge access, making it less suitable for travelers. Therefore, if travel perks are a priority, the Axis card is the preferable choice.
Which has lower effective cost?
The ICICI Bank HPCL Coral Credit Card has a lower annual fee of Rs.199, which can be waived by spending Rs.50,000, making it more cost-effective for users who may not spend heavily on travel. On the other hand, the Axis Bank Horizon Mastercard Credit Card has a higher annual fee of Rs.3000 with no fee waiver option, which may deter budget-conscious users.
Who should pick Axis Bank Horizon Mastercard Credit Card?
Consider Axis Bank Horizon Mastercard Credit Card if you frequently travel and want to earn substantial rewards on travel-related expenses. Its benefits like international lounge access and higher reward points on travel make it ideal for avid travelers.
Who should pick ICICI Bank HPCL Coral Credit Card Visa?
Consider ICICI Bank HPCL Coral Credit Card if you are looking for a low-cost card that offers rewards on everyday spending, particularly in grocery and utility categories. Its lower annual fee and the option for fee waiver make it suitable for budget-conscious users.
Frequently Asked Questions
The Axis Bank Horizon Mastercard Credit Card has an annual fee of Rs.3000, while the ICICI Bank HPCL Coral Credit Card has an annual fee of Rs.199.
Yes, the Axis Bank Horizon Mastercard Credit Card offers 6 complimentary domestic lounge accesses and 2 international lounge accesses. The ICICI Bank HPCL Coral Credit Card does not offer any lounge access.
Both cards have a forex markup of 3.50% on foreign currency transactions.
Yes, the Axis Bank Horizon Mastercard Credit Card offers a welcome benefit of 5000 EDGE Reward Points. The ICICI Bank HPCL Coral Credit Card does not have a welcome benefit.