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Side-by-Side Comparison|Updated March 2026

Kotak Mahindra Bank - IndianOil Kotak Credit Card vs ICICI Bank HPCL Super Saver Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

Kotak Mahindra Bank

Kotak Mahindra Bank - IndianOil Kotak Credit Card

7.2/10
Annual Fee₹449
Base Rewards0.125%
NetworkRuPay
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ICICI Bank

ICICI Bank HPCL Super Saver Credit Card

7.2/10
Annual Fee₹500
Base Rewards0.5%
NetworkVisa
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Feature-by-Feature Comparison

FeatureKotak Mahindra Bank - IndianOil Kotak Credit CardICICI Bank HPCL Super Saver Credit Card
Annual Fee₹449₹500
Joining Fee₹449₹500
Fee Waiver Spend₹50,000₹1,50,000
Base Reward Rate0.125%0.5%
Reward CurrencyKotak Reward PointsICICI Bank Reward Points
NetworkRuPayVisa
Editor Rating7.2/107.2/10
Forex Markup3.5%3.5%

Accelerated Rewards

Kotak Mahindra Bank - IndianOil Kotak Credit Card

  • 0% on Fuel
  • 0% on Grocery

ICICI Bank HPCL Super Saver Credit Card

  • 1.25% on Fuel (HPCL) — 200 pts/month
  • 1.25% on Utilities & Groceries — 400 pts/month
  • 0.38% on HP Pay App Fuel

Pros & Cons

Kotak Mahindra Bank - IndianOil Kotak Credit Card

Pros

  • 4% value back as reward points on IndianOil fuel spends.
  • Accelerated 2% reward rate on Grocery and Dining categories.
  • Low annual fee of ₹449, easily waived on spending ₹50,000 annually.
  • 1% fuel surcharge waiver on transactions between ₹100 and ₹5,000.

Cons

  • Monthly reward capping of 1,200 points on fuel and 800 points on grocery/dining.
  • No complimentary airport lounge access.
  • Low base reward rate of 0.5% on other categories.

ICICI Bank HPCL Super Saver Credit Card

Pros

  • 5% total value back on fuel at HPCL outlets (4% cashback + 1% surcharge waiver).
  • Accelerated 5% rewards on groceries, departmental stores, and utility bills.
  • Complimentary 24x7 Roadside Assistance (RSA) for vehicle breakdowns.
  • Low annual fee of ₹500 with a reachable waiver threshold of ₹1.5 lakh.

Cons

  • Monthly cashback on fuel is capped at a low ₹200.
  • Accelerated rewards on utilities and groceries capped at 400 points (₹100 value) per month.
  • High spend requirement of ₹75,000 per quarter for domestic lounge access.

Our Verdict

Both Kotak Mahindra Bank - IndianOil Kotak Credit Card and ICICI Bank HPCL Super Saver Credit Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.

Choose Kotak Mahindra Bank - IndianOil Kotak Credit Card if

Strong value back on fuel at IndianOil outlets and daily essentials like groceries.

Choose ICICI Bank HPCL Super Saver Credit Card if

Ideal for those spending ₹4,000-₹5,000 monthly on fuel at HPCL to maximize the 5% value back.

Frequently Asked Questions

Which is better: Kotak Mahindra Bank - IndianOil Kotak Credit Card or ICICI Bank HPCL Super Saver Credit Card?
Both Kotak Mahindra Bank - IndianOil Kotak Credit Card and ICICI Bank HPCL Super Saver Credit Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.
What is the annual fee difference between Kotak Mahindra Bank - IndianOil Kotak Credit Card and ICICI Bank HPCL Super Saver Credit Card?
Kotak Mahindra Bank - IndianOil Kotak Credit Card has an annual fee of ₹449, while ICICI Bank HPCL Super Saver Credit Card has an annual fee of ₹500. Kotak Mahindra Bank - IndianOil Kotak Credit Card offers a fee waiver on ₹50,000 annual spend. ICICI Bank HPCL Super Saver Credit Card offers a fee waiver on ₹1,50,000 annual spend.
Which card has better rewards: Kotak Mahindra Bank - IndianOil Kotak Credit Card or ICICI Bank HPCL Super Saver Credit Card?
Kotak Mahindra Bank - IndianOil Kotak Credit Card offers a base reward rate of 0.125% with accelerated rewards on Fuel and Grocery. ICICI Bank HPCL Super Saver Credit Card offers 0.5% base rewards with bonuses on Fuel (HPCL) and Utilities & Groceries. The better choice depends on your primary spending categories.
Can I have both Kotak Mahindra Bank - IndianOil Kotak Credit Card and ICICI Bank HPCL Super Saver Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. Kotak Mahindra Bank - IndianOil Kotak Credit Card and ICICI Bank HPCL Super Saver Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: Kotak Mahindra Bank - IndianOil Kotak Credit Card or ICICI Bank HPCL Super Saver Credit Card?
For beginners, Kotak Mahindra Bank - IndianOil Kotak Credit Card may be more approachable with a lower annual fee of ₹449. However, evaluate based on your expected spending pattern rather than fee alone.

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