BPCL SBI Card Visa Platinum Credit Card vs ICICI Bank HPCL Coral Credit Card Visa: Which is Better in 2026?
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In short: ICICI HPCL Coral has the lower annual fee (₹199 vs ₹499); both charge a 3.5% forex markup.
| Key facts | BPCL SBI | ICICI HPCL Coral |
|---|---|---|
| Annual fee | ₹499 | ₹199 |
| Joining fee | ₹499 | ₹199 |
| Annual fee waived | On ₹50,000 annual spend | On ₹50,000 annual spend |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 22 Oct 2026. Rewards, milestones and welcome benefits are in the full table below.
Bpcl Sbi Card Visa Platinum Credit Card and ICICI Bank HPCL Coral Credit Card Visa both target fuel card users with reward points on fuel and retail spends. The SBI card offers higher reward points on fuel at BPCL pumps and additional category bonuses, while the ICICI card provides a simpler flat reward rate and fuel surcharge waiver at HPCL pumps. Both cards have similar forex markup fees and fee waiver conditions but differ in joining 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 | Bpcl Sbi Card Visa Platinum Credit Card | ICICI Bank HPCL Coral Credit Card Visa |
|---|---|---|
| Bank | SBI Cards | ICICI Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.499 | Joining Fee of Rs.199 |
| Annual / renewal fee | Renewal Fee of Rs.499 | Annual Fee of Rs.199 |
| Annual fee waiver | Spend Rs.50000 For Waiver of Renewal Fee | Spend Rs.50000 For Waiver of Annual Fee |
| Reward rate (headline) | Earn 1 Reward Points on Non-Fuel Retail Purchases. | Earn 2 Reward Points per Rs.100 |
| Welcome benefit | Welcome Benefit - Get 2000 Activation Bonus Reward Points | — |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 3.50% - Foreign Currency Transactions |
Which is better for rewards?
The Bpcl Sbi Card Visa Platinum Credit Card offers more varied and higher reward points, especially on fuel purchases at BPCL pumps with 13 reward points per Rs.100 spent and 5 reward points on several lifestyle categories like dining, grocery, and movies. It also provides a welcome bonus of 2000 activation points. In contrast, the ICICI Bank HPCL Coral Credit Card Visa offers a flat 2 reward points per Rs.100 spent across retail, grocery, insurance, and utilities but lacks a welcome benefit. Overall, the SBI card is better for those seeking category-specific rewards and higher fuel benefits, while the ICICI card suits users preferring straightforward rewards.
Which is better for travel?
For travel-related spends, the Bpcl Sbi Card Visa Platinum Credit Card earns 1 reward point on travel, whereas the ICICI Bank HPCL Coral Credit Card Visa does not specify travel rewards. Neither card offers domestic or international lounge access. Therefore, the SBI card holds a slight advantage for travel spenders due to its travel reward points, although both cards lack premium travel perks.
Which has lower effective cost?
The ICICI Bank HPCL Coral Credit Card Visa has a lower joining and renewal fee of Rs.199 compared to Rs.499 for the SBI card. Both cards offer a fee waiver on spending Rs.50,000 annually. Forex markup fees are identical at 3.5% for both. Considering the lower upfront and renewal costs, the ICICI card is more cost-effective for users with moderate spends, while the SBI card's higher fees may be justified by its richer rewards if you maximize category benefits.
Fuel Surcharge Waiver Conditions
The SBI card offers a 1% fuel surcharge waiver on all BPCL transactions without a specified minimum spend, while the ICICI card requires Rs.4000 monthly spend at HPCL pumps to avail the 1% fuel surcharge waiver. This difference may impact users depending on their fuel purchase frequency and brand preference.
Reward Point Redemption
ICICI Bank HPCL Coral Credit Card Visa allows reward points to be redeemed at a fixed rate of Rs.0.25 per point against various products and vouchers, providing clarity on redemption value. The SBI card's redemption options and point value are not detailed here and should be checked on the issuer's site.
Who should pick Bpcl Sbi Card Visa Platinum Credit Card?
Consider Bpcl Sbi Card Visa Platinum Credit Card if you frequently purchase fuel at BPCL pumps and want higher reward points across multiple categories including dining, grocery, and movies. It is also suitable if you value a welcome bonus and occasional travel rewards. This card is ideal for users who can leverage its varied rewards to offset the higher joining and renewal fees.
Who should pick ICICI Bank HPCL Coral Credit Card Visa?
Consider ICICI Bank HPCL Coral Credit Card Visa if you prefer a credit card with lower joining and renewal fees and a simple, flat reward structure on retail, grocery, insurance, and utilities spends. It is a practical choice for those who primarily fuel at HPCL pumps and want a straightforward 1% fuel surcharge waiver with no complex reward tiers or welcome bonuses.
Frequently Asked Questions
Bpcl Sbi Card Visa Platinum Credit Card has a joining fee of Rs.499, while ICICI Bank HPCL Coral Credit Card Visa charges Rs.199.
Both cards offer a waiver of the renewal or annual fee if you spend Rs.50,000 annually.
Both cards charge a forex markup fee of 3.5% on foreign currency transactions.
Bpcl Sbi Card Visa Platinum Credit Card offers 13 reward points on fuel purchases at BPCL pumps plus a 1% fuel surcharge waiver, whereas ICICI Bank HPCL Coral Credit Card Visa offers a 1% fuel surcharge waiver at HPCL pumps with 2 reward points per Rs.100 spent.
Only the Bpcl Sbi Card Visa Platinum Credit Card provides a welcome benefit of 2000 activation bonus reward points. The ICICI card does not list any welcome benefits.
Neither card offers domestic or international lounge access benefits.