HPCL ENERGIE BOBCARD Review: 4% at HPCL Pumps and an Easy ₹50,000 Waiver

The HPCL ENERGIE BOBCARD earns 24 reward points per ₹150 on fuel at listed HPCL outlets, worth 4% at ₹0.25 a point, up to 1,000 points a statement. It costs ₹499 plus GST to join and each year, with the renewal fee waived on ₹50,000 of annual spends. It also gives 10 points per ₹150 on utilities and department stores, and one domestic lounge visit a quarter after ₹20,000 of spends in the previous quarter.

By Pankaj Pandey · Content Writer Updated 5 November 2026 Reviewed by BankCreds Financial Experts

Key facts

Joining fee: ₹499 + GST
Annual fee: ₹499 + GST. Renewal fee waived on annual spends of INR 50,000 in every anniversary year (non-delinquent cardholders; UPI spends do not count)
Base reward: 2 reward points per INR 150 on other categories (about 0.33% value)
Best category: Fuel at eligible HPCL outlets, LPG purchases and HP Pay app fuel payments: about 4% value
Lounge: Domestic: 1 complimentary domestic airport lounge visit per calendar quarter (4 a year), primary cardholder International: None listed
Forex markup: 3.5% of the amount
Network: RuPay

Apply on BOBCARD's site

Opens the bank's own page for this card. Approval and the credit limit are the bank's decision.

In short

One of the cheaper ways to save at HPCL pumps, with an easy waiver and a useful rate on utility and department store bills, as long as your fuel stays near ₹6,250 a statement or less.

Best for

Drivers who fill up at HPCL for ₹4,000 to ₹6,250 a month
Households that also put utility and department store bills on the card
People who want a low-fee card with an easy ₹50,000 renewal waiver

Skip it if

You fill up at other companies' pumps or at HPCL outlets not on HPCL's list
Your fuel bill is well above ₹6,250 a statement
Most of your groceries come from supermarkets, which earn nothing

Highlights

₹499 plus GST, renewal waived on ₹50,000 a year
24 points per ₹150 at listed HPCL outlets, 4% at ₹0.25 a point
10 points per ₹150 on utilities and department stores
1 domestic lounge visit a quarter after ₹20,000 of spends
Up to 3 add-on cards free

What the HPCL ENERGIE BOBCARD is

HPCL ENERGIE is a fuel co-brand card from BOBCARD Limited, the card subsidiary of Bank of Baroda, made with Hindustan Petroleum. It is open for applications. BOBCARD's page don't name the card network, but its UPI rules for the card only fits a RuPay card, since only RuPay credit cards run on UPI.

The card pays where HPCL does business. Fuel at HPCL outlets on HPCL's merchant list, LPG purchases and fuel paid through the HP Pay app earn 24 reward points per ₹150, and at ₹0.25 a point that is ₹6 per ₹150, or 4%. Utilities and department stores get 10 points per ₹150, about 1.67%, though BOBCARD's page rounds this to "up to 2%". Everything else eligible get 2 points per ₹150.

Three numbers to remember

1,000 points. Each accelerated category stops at 1,000 points per statement, worth 1,000 times ₹0.25, or ₹250.
₹50,000. Spend this in an anniversary year, not counting UPI, and the ₹499 renewal fee is waived.
₹20,000. Spend this in a calendar quarter and you get one domestic lounge visit in the next.

Changes from 2024 to 2026

From 1 January 2025 the quarterly lounge visit needs ₹20,000 of spends in the preceding quarter. From 1 April 2026 BOBCARD added 1% fees on education paid through third-party apps, toll and bus spends of ₹5,000 or more and large railway bookings. From 15 July 2026 accelerated points and the surcharge waiver work only at HPCL outlets on the list HPCL shares, so fuel at a pump outside that list earn no accelerated points and no waiver.

RBI's September 2026 card statistics show 34,91,782 credit cards outstanding under "Bank of Baroda"; the RBI table has no separate row for BOBCARD.

HPCL ENERGIE fees and charges

BOBCARD's Key Fact Statement and MITC list a ₹499 joining fee and a ₹499 annual fee. GST of 18% applies on all fees, so each is ₹499 plus ₹89.82 (18% of ₹499), or ₹588.82. Up to 3 add-on cards are free.

An easy renewal waiver

The ₹499 renewal fee is waived in every anniversary year you spend ₹50,000, if the account is not delinquent. ₹50,000 divided by 12 is about ₹4,167 a month, which many fuel-card user cross with fuel alone. One condition: UPI spends do not counts towards it, so pay by card at the pump or online.

Interest, late fees and cash

Interest is 3.75% a month, which BOBCARD states as 45% a year. Late fees go by the statement balance: nil below ₹100, ₹100 up to ₹500, ₹400 up to ₹1,000, ₹750 up to ₹10,000, ₹950 up to ₹25,000, ₹1,100 up to ₹50,000 and ₹1,300 above. So a ₹12,000 bill paid late cost ₹950 plus GST. Cash withdrawals are charged 2.5% or ₹500, whichever is higher, and going over the limit costs 2.5% or ₹600, whichever higher.

Forex: 3.5% of the transaction amount.
1% processing fees: rent; wallet loads; utility bills of ₹50,000 or more (maximum ₹3,000 a transaction); education through third-party apps (maximum ₹5,000); toll and bus spends of ₹5,000 or more; railway bookings of ₹30,000 or more (maximum ₹5,000). The 1% fuel fee on ₹10,000-plus fills that other BOBCARDs carry does not apply to HPCL ENERGIE.
Smaller charges: ₹250 per cash payment, ₹100 per cheque payment, 2% (minimum ₹500) on a bounce, ₹100 for a replacement card and ₹25 for a duplicate bill. Redeeming points is free.

HPCL Energie: fees and charges

Joining fee	₹499 + GST
Annual or renewal fee	₹499 + GST
Annual fee waiver	Renewal fee waived on annual spends of INR 50,000 in every anniversary year (non-delinquent cardholders; UPI spends do not count)
Add-on card fee	Nil
GST	Charged on top of the fees and charges listed
In the bank’s words	Joining fee INR 499 (no waiver) and annual fee INR 499 + taxes; up to 3 add-on cards free
Interest on unpaid balances	Up to 3.75% a month (45% a year)
Late payment fee	By statement balance: below INR 100 nil; INR 100-500 INR 100; INR 501-1,000 INR 400; INR 1,001-10,000 INR 750; INR 10,001-25,000 INR 950; INR 25,001-50,000 INR 1,100; above INR 50,000 INR 1,300
Cash withdrawal	2.5% of the withdrawn amount or INR 500, whichever is higher; finance charge from the date of withdrawal
Over-limit fee	2.5% of the amount over the sanctioned credit limit or INR 600, whichever is higher
Forex markup	3.5% of the amount
Other fees	Processing fee on rent payments (MCC 6513): 1% of transaction amount Processing fee on wallet loading (MCC 6539-6542): 1% Processing fee on utility transactions (MCC 4900) of INR 50,000 or more: 1%, maximum INR 3,000 per transaction Processing fee on fuel transactions (MCC 5172, 5541, 5542, 5983) of INR 10,000 or more: 1% (not applicable to HPCL Energie) Online education fee payments via third-party apps (Cheq, CRED, Ease My Deal, Mobikwik, NoBroker, Paytm, PhonePe, SuperPe): 1%, maximum INR 5,000 per transaction (w.e.f. 1 April 2026) Toll and bus (MCC 4784) transactions of INR 5,000 or more: flat 1% (w.e.f. 1 April 2026) Railway bookings (MCC 4112) of INR 30,000 or more: 1%, maximum INR 5,000 per transaction (w.e.f. 1 April 2026; not on IRCTC BOBCARD) Cash payment processing fee INR 250 per cash payment; cheque payment processing fee INR 100 per cheque Cheque return and auto-debit/SI bounce: 2% of payment amount, minimum INR 500 Card replacement INR 100; duplicate bill INR 25; charge slip retrieval INR 250 Reward redemption fee: no fee GST 18% on all fees, interest and charges

How the reward points work

Spend	Points per ₹150	Value at ₹0.25 a point	Cap per statement
Fuel at listed HPCL outlets, LPG, HP Pay app fuel	24	4%	1,000 points
Utilities (MCC 4812, 4899) and department stores (MCC 5311)	10	About 1.67%	1,000 points
Other eligible spends	2	About 0.33%	None stated

The fuel cap is reached at ₹6,250 of fuel, because 1,000 divided by 24, times ₹150, is ₹6,250. The utility cap of 1,000 points take ₹15,000 of spends to reach (100 lots of ₹150, times 10). Transactions under ₹150 earns nothing.

No points come on rent, wallets, education, government, insurance, supermarkets (MCC 5411 and 5499), fast food (MCC 5814), transport and tolls and the other codes in BOBCARD's Annexure 1, or on HP Pay wallet loads and direct debit. UPI spends earn only the core 2 points, at most 500 points a statement on RuPay BOBCARDs, and count for neither the joining bonus nor the waiver. Points expire 2 years after they are earned, also they lapse if the card goes unused for 365 days.

Welcome: 500 bonus points, worth 500 times ₹0.25 or ₹125, on ₹5,000 of spends within 60 days. HPCL separately gives 1.5% back as HP points on fuel bought through the HP Pay app; that is HPCL's benefit, not BOBCARD's. The surcharge waiver refunds 1% on HPCL fills of ₹400 to ₹5,000, up to ₹100 a statement, and the page's "up to 5% savings" is that 1% plus the 4% points. Since the waiver only cancels a surcharge, the examples count points only.

Light: ₹15,000 a month

₹4,500 of HPCL fuel in two fills, ₹1,500 of utility bills, ₹6,000 of other shopping and ₹3,000 at a supermarket. Fuel gives 30 lots of ₹150 times 24, so 720 points; bills 10 times 10, so 100; shopping 40 times 2, so 80; the supermarket nothing. That is 900 points, ₹225 a month, ₹2,700 a year. Even counting only the ₹12,000 that earns, ₹12,000 times 12 is ₹1,44,000, far above ₹50,000, so renewal is waived. Year one pays ₹588.82 but adds the ₹125 welcome bonus, netting ₹2,236.18; later years keep ₹2,700.

Typical: ₹30,000 a month

₹6,000 of HPCL fuel, ₹3,000 of utilities, ₹3,000 at a department store, ₹12,000 of other spends and ₹6,000 at supermarkets. Fuel gives 40 times 24, so 960 points, just under the cap; utilities and the department store together 40 times 10, so 400; other spends 80 times 2, so 160. That is 1,520 points, ₹380 a month, ₹4,560 a year, all of it kept from year two once the fee is waived. The quarter's spends, ₹30,000 times 3 or ₹90,000, easily clears the ₹20,000 lounge rule.

Heavy: ₹50,000 a month

₹9,500 of HPCL fuel, ₹15,000 of utilities and department store spends, ₹19,500 of other spends and ₹6,000 paid by UPI. Fuel would earn well over 1,000 points, but the cap stops it there, so fuel above ₹6,250 gets no accelerated points; BOBCARD doesn't say whether it earns base points, so we count none. Utilities and department stores hit their cap exactly. Other spends give 130 times 2, so 260, and UPI 40 times 2, so 80. That is 2,340 points, ₹585 a month, ₹7,020 a year. Above about ₹6,250 of fuel a month, a second fuel card do better.

HPCL Energie: higher-reward categories

Category	Rate	Cap
Fuel at eligible HPCL outlets (listed MID/TID), LPG purchases and HP Pay app fuel payments	24 reward points per INR 150, about 4% value	Capped at 1,000 points per statement, ₹1,000, statement cycle
Utilities (MCC 4812, 4899) and departmental stores (MCC 5311)	10 reward points per INR 150, about 1.67% value	Capped at 1,000 points per statement, ₹1,000, statement cycle

HPCL Energie: how rewards work

Earned as	BOBCARD reward points
Base rate	2 reward points per INR 150 on other categories. About 0.33% value back
Minimum spend rules	Transactions below INR 150 earn no points
No rewards on	Annexure 1 MCCs (rent, wallets, education, government, insurance, supermarkets 5411/5499, fast food 5814, transport/tolls and others) HP Pay wallet loads and HP Pay direct debit Fuel at HPCL outlets not on the eligible merchant list
Lower rewards on	UPI transactions earn core points only and do not count for joining rewards or the fee waiver
Value of a point	Not stated by redemption option: 1 Reward Point = ₹0.25.
Redemption fee	No fee
Expiry	Reward points expire 2 years from the date earned; points also lapse on closure, NPA, 90+ days overdue, settlement, fraud, death, or if the card is unused for 365 days
Welcome benefits	500 joining bonus reward points on spends of INR 5,000 or more within 60 days of issuance
Milestone benefits	None published
Lounge access	Domestic: 1 complimentary domestic airport lounge visit per calendar quarter (4 a year), primary cardholder International: None listed Condition: From 1 January 2025: spend INR 20,000 in the preceding calendar quarter
Fuel surcharge waiver	1% surcharge waiver on fuel at eligible HPCL outlets (and HP Pay app) for transactions of INR 400 to INR 5,000; maximum INR 100 per statement
Insurance cover	Not available on HPCL Energie (MITC)

Eligibility and how to apply

BOBCARD wants applicants aged 21 to 60 and resident in India, with add-on holders above 18. The income floor depends on whether you already bank with Bank of Baroda:

Salaried: ₹3.6 lakh net a year, or ₹3 lakh for Bank of Baroda customers.
Self-employed: ₹4.8 lakh net a year, or ₹3.6 lakh for Bank of Baroda customers.

The lowest figure, ₹3 lakh a year, is ₹25,000 a month. Documents are a recent passport-size photo, PAN, and an permanent address proof such as Aadhaar (both sides), voter ID, passport, driving licence, NREGA job card or National Population Register letter. Salaried applicants show salary credits in 2 months of bank statements, with salary slips accepted only alongside it; self-employed applicants give 3 months of business bank statements as a PDF.

Applying

The process is online: fill the form, e-sign with Aadhaar, then finish identity checks by Video KYC, which the RBI's KYC Directions treat at par with face-to-face KYC. Bank of Baroda also offer a separate instant lifetime-free RuPay card in its bob World app, but that is a different product.

Approval is BOBCARD's call. It is an NBFC issuer and follows the RBI's 2025 card Directions for NBFCs, which run parallel to the bank rules; under those rules the issuer checks your own means and existing limits and gives written reasons for a refusal. On Experian's 300 to 900 scale, above 750 is generally good. Help lines are on our Bank of Baroda customer care page.

HPCL Energie: eligibility and documents

Age (salaried)	21 to 60 years
Age (self-employed)	21 to 60 years
Income (salaried)	Minimum net annual income INR 3.6 lakh (non-BoB customers); INR 3 lakh (Bank of Baroda customers)
Income (self-employed)	Minimum net annual income INR 4.8 lakh (non-BoB customers); INR 3.6 lakh (Bank of Baroda customers)
Other conditions	Indian resident; add-on cardholders above 18. minIncomeMonthly is the lowest published figure (INR 3 lakh / 12, salaried BoB customers).
Documents	Recent passport-size photograph PAN card Permanent address proof: Aadhaar (both sides), Voter ID, Passport, Driving Licence, NREGA Job Card, or National Population Register letter Income proof (salaried): bank statement showing salary credit for the last 2 months (salary slips only with the bank statement) Income proof (self-employed): bank statement (PDF) showing business transactions for the last 3 months
How to apply	Online, digitally: fill the online application, e-sign using Aadhaar, then verify identity by Video KYC (per card pages). Apply links go to mycard.bobcard.tech. Bank of Baroda also offers an instant lifetime-free RuPay BOBCARD through its bob World / bob iPay app.
Card customer care	1800 2090 / 1800 1210 (24x7 toll-free); Eterna and Tiara: 1800 103 1002

These are the bank's published conditions. Meeting them does not guarantee a card: approval and the credit limit are the bank's decision.

HPCL ENERGIE against other fuel cards

The ICICI Bank HPCL Super Saver costs ₹500 plus GST, waived from the second year on ₹1,50,000 of spends. It gives 4% cashback at HPCL pumps capped at ₹200 a month, plus the 1% surcharge waiver, and 20 points per ₹100 on utilities and department stores up to 400 points a statement. Its lounge visit needs ₹75,000 of spends in the previous quarter, far more higher than BOBCARD's ₹20,000.

IDFC FIRST's FIRST Power+ is ₹499 plus GST, waived on ₹1,50,000. It earns 30 points per ₹150 at HPCL, 5% at ₹0.25 a point, on up to ₹12,000 of fuel a statement (2,400 points, ₹600), and 5% on grocery and utility up to ₹2,000. It has zero forex markup but no fuel surcharge waiver, and interest of 3.85% a month.

The IndianOil Axis Bank card is the IndianOil version of the idea: ₹500 plus GST and 20 points per ₹100 at IndianOil, 4% at ₹0.20 a point, on up to ₹5,000 of fuel a month, but its fee waiver needs ₹3,50,000.

Which to pick

For heavy HPCL use, wins FIRST Power+: its ₹600 fuel cap is more than double ENERGIE's ₹250. For moderate fuel plus bills and the easiest waiver, ENERGIE is cheaper to keep. ICICI suits people with HPCL fuel under ₹5,000 a month, since ₹200 divided by 4% is ₹5,000. Browse all BOBCARD cards or the credit cards section.

HPCL Energie against similar cards

Term	HPCL ENERGIE BOBCARD This card	ICICI Bank HPCL Super Saver Credit Card	FIRST Power+ Credit Card	IndianOil Axis Bank Credit Card
Bank	BOBCARD	ICICI Bank	IDFC FIRST Bank	Axis Bank
Joining fee	₹499 + GST	₹500 + GST	₹499 + GST	₹500 + GST
Annual fee and waiver	₹499 + GST. Renewal fee waived on annual spends of INR 50,000 in every anniversary year (non-delinquent cardholders; UPI spends do not count)	₹500 + GST. Annual fee waived from the 2nd anniversary year if total spends are ₹1,50,000 or more in the previous anniversary year (fee for the subsequent year reversed)	₹499 + GST. Annual fee ₹499, reversed on crossing ₹1,50,000 spends in the previous anniversary year (all purchases except ATM cash withdrawal, balance transfer, monthly EMIs, fees and charges, net of reversals).	₹500 + GST. Annual fee waived for an anniversary year with eligible spends of INR 3,50,000 or more (rent, wallet loads, EMI, cash, fees, insurance and disputed transactions excluded).
Base reward	2 reward points per INR 150 on other categories (about 0.33% value)	2 ICICI Bank reward points per ₹100 on other retail spends...	3X Rewards (3 Reward Points per ₹150) on other retail spends, no cap (about 0.5% value)	1 EDGE REWARD Point per INR 100 on other eligible retail spends (about 0.2% value)
Best category	Fuel at eligible HPCL outlets, LPG purchases and HP Pay app fuel payments: about 4% value	Utilities and departmental stores: about 5% value	Hotel bookings via 'FIRST Rewards Gallery' in the app: about 6.675% value	Fuel at IndianOil outlets: about 4% value
Lounges	Domestic: 1 complimentary domestic airport lounge visit per calendar quarter (4 a year), primary cardholder International: None listed	Domestic: 1 domestic airport lounge access per quarter (primary) on ₹75,000 spend in the preceding quarter International: None	Domestic: 1 complimentary domestic airport lounge visit every quarter International: None	Domestic: None stated International: None stated
Forex markup	3.5% of the amount	3.5% of the amount	0% (no markup)	3.5% of the amount
Network	RuPay	RuPay	RuPay	RuPay
Published minimum income	₹25,000 a month	₹20,000 a month	₹25,000 a month	Not stated on the card page
Status	Taking applications	Taking applications	Taking applications	Taking applications

Frequently asked questions

What is the HPCL ENERGIE BOBCARD fee, and how is it waived?

BOBCARD's Key Fact Statement and MITC list ₹499 to join and ₹499 a year, plus 18% GST, so ₹588.82 each. The renewal fee is waived in any anniversary year with ₹50,000 of spends, provided the account is not delinquent, and UPI spends do not count.

How much are HPCL ENERGIE reward points worth?

BOBCARD states that 1 reward point is worth ₹0.25. That makes 24 points per ₹150 on HPCL fuel worth 4%, 10 points per ₹150 on utilities and department stores about 1.67%, and the base 2 points per ₹150 about 0.33%. Redemption is free, points last 2 years from when they are earned, and each accelerated category stops at 1,000 points a statement.

What income do I need for the HPCL ENERGIE BOBCARD?

Salaried applicants need ₹3.6 lakh of net annual income, or ₹3 lakh if they already bank with Bank of Baroda. Self-employed applicants need ₹4.8 lakh, or ₹3.6 lakh as Bank of Baroda customers. The age range is 21 to 60. Meeting these figures is not approval, which BOBCARD decides after checking your credit.

Does the HPCL ENERGIE card give lounge access?

Yes, one complimentary domestic airport lounge visit per calendar quarter, so 4 a year, for the primary cardholder. Since 1 January 2025 each visit needs ₹20,000 of card spends in the preceding calendar quarter. There is no international lounge benefit, and foreign currency spends carry a 3.5% markup.

What changed on the HPCL ENERGIE BOBCARD in 2026?

From 1 April 2026 BOBCARD added 1% fees on education paid through third-party apps, toll and bus spends of ₹5,000 or more and railway bookings of ₹30,000 or more. From 15 July 2026 accelerated points and the fuel surcharge waiver apply only at HPCL outlets on the merchant list that HPCL shares with BOBCARD.

Do HPCL fuel payments by UPI earn the 4% points?

No. BOBCARD says UPI transactions earn only core reward points, 2 per ₹150, and RuPay BOBCARDs earn at most 500 points a statement on UPI. UPI spends also do not count for the joining bonus or the ₹50,000 renewal waiver. For 24 points per ₹150, pay by card at a listed HPCL outlet or with the card in the HP Pay app, not its wallet.

Sources

BOBCARD Limited: Key Fact Statement (KFS), dated 17 Jul 2026; BOBCARD Product Features - Important Terms & Conditions (file dated 02-11-2026); BOBCARD Consolidated MITC; BOBCARD HPCL Energie; BOBCARD HPCL Energie (expanded "Read more" text); BOBCARD On UPI; Revision in Product Features and Charges w.e.f 1st April, 2026; BOBCARD Premier (expanded "Read more" text)

Last verified: 5 November 2026

Written by Pankaj Pandey, reviewed by BankCreds Financial Experts

BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.