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ICICI Credit Card holders can now enjoy a 2.5% fuel surcharge waiver on fuel purchases at HPCL gas stations. When the card is swiped on the ICICI Merchant Services swipe machines, a 2.5% fuel surcharge waiver is available on fuel purchases at HPCL petrol pumps. Fuel surcharge waivers are not available for transactions exceeding Rs. 4,000.
What Is A Fuel Surcharge Waiver?
A fuel surcharge is a charge levied on your credit card transaction amount. This is usually charged at 2.5% of the fuel purchase amount, which is waived off by credit card companies as an added benefit to credit card holders.
A fuel surcharge waiver is a benefit offered by ICICI Bank to its credit card customers. Under this benefit, ICICI Bank waives off 2.5% of the fuel surcharge levied by petrol pumps on fuel purchases. This benefit is available on specific credit cards issued by ICICI Bank.
The transaction amount should be a minimum of Rs.400 and a maximum of Rs.4000 to get this fuel surcharge waiver.
ICICI Bank credit cards offering fuel surcharge waiver benefit -
- ICICI Platinum Credit Cards - 2.5% fuel surcharge, waived off at HPCL petrol pumps
- ICICI Platinum Chip Credit Card - 1% fuel surcharge, waived off at HPCL petrol pumps
- ICICI Coral Credit Card - 1% fuel surcharge, waived off at HPCL petrol pumps
This benefit is usually tied up with a fuel company partner and will be applied only if you use your card on the ICICI Merchant Services swiping machine.
The fuel surcharge waiver amount is credited as a cashback to your card account within 10 working days of the transaction.
It is a very helpful benefit for those who travel frequently and use their credit cards for fuel purchases.
Read Here: How To Apply For A New ICICI Credit Card