Head-to-head · 🇮🇳 India
ICICI HPCL Coral vs IndusInd Iconia Amex
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
ICICI Bank
ICICI HPCL Coral
VISA
Wins 3 of 10
IN
Premium
IndusInd Bank
IndusInd Iconia Amex
AMERICAN
EXPRESS
EXPRESS
Wins 4 of 10
Verdict
IndusInd Iconia Amex wins 4-3. Mid-premium Amex with annual-fee waiver from year 2. ICICI HPCL Coral is still the right call if fuel-heavy spenders at hpcl pumps..
Side-by-side
| Criterion | ICICI HPCL Coral | IndusInd Iconia Amex |
|---|---|---|
| Annual fee | · ₹199 | No annual fee |
| Joining fee | ₹199 | · ₹3,500 |
| Top reward rate | = 5% (fuel) | = 5% (shopping) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 2,000 PAYBACK points on first transaction | = 4,000 reward points + Yatra voucher |
| Fee waiver threshold | · ₹50,000 / yr | N/A (no fee) |
| Min income | ₹250,000 | · ₹600,000 |
| Min credit score | 720 | · 770 |
| Editorial rating | · 4/5 | 4.2/5 |
Benefits compared
ICICI HPCL Coral
- 5% cashback on HPCL fuel
- 4% on grocery + dining
- 2.5% on utility bills via DragonPass
- 1% fuel surcharge waiver
- 2 domestic lounge visits/year
IndusInd Iconia Amex
- 10 reward points per ₹100 on weekend dining + grocery
- 4 international + 8 domestic lounge visits/year
- Annual fee waived from year 2 (lifetime)
- 1% fuel surcharge waiver
- Buy-1-get-1 BookMyShow
FAQ
›ICICI HPCL Coral vs IndusInd Iconia Amex: which is better?
IndusInd Iconia Amex wins on more dimensions (4 vs 3). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use ICICI HPCL Coral for its best categories, IndusInd Iconia Amex for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
ICICI HPCL Coral: 2,000 PAYBACK points on first transaction. IndusInd Iconia Amex: 4,000 reward points + Yatra voucher.