Amex HPCL RPM Credit Card
KeepAmerican Express built a card for the petrol pump, and never said what a rupee earned.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Welcome: Not published — Amex's RPM page sells the fuel savings and the fee ladder and names no joining offer
Not valued. We can't value this card until the issuer publishes a fee schedule AND an earn table — we have neither number, so there is nothing to net off against nothing. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until American Express publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
3 notes on the card itself: how it is issued · the network variants · why it ranks #983
Why #983 A fuel co-brand American Express built with Hindustan Petroleum, and the only Indian Amex that ever pointed its rewards at a petrol pump. Carried, not ranked: Amex published the accelerator, the redemption rate and the fee ladder, and never published the base earn or the fee itself.
The take
RPM is the strangest card American Express has sold in India: a co-brand with Hindustan Petroleum, aimed squarely at the fuel bill, from an issuer whose entire Indian identity is travel and dining. The mechanics are unusually concrete for their era. Fill up at any HPCL outlet and Amex waived the 2.5% transaction fee outright — real money off every litre, with no registration and no cap. Points then did the second half of the job, and Amex closed the loop rather than leaving you in a catalogue: 1,250 of them bought a ₹250 HPCL fuel voucher, which the bank itself described as an additional two and a half per cent off fuel. Stack the two and you are at five per cent; feed in the points from everything else you charged to the card and Amex claimed you could reach ten. There was a bonus rung on all spending, a bigger one on HPCL fills of ₹750 and above, and the card behaved like a credit card rather than a charge card — you could carry a balance. The fee was designed to disappear: spend more than ₹60,000 in a year and half of next year's charge came off, spend ₹1,10,000 and all of it did, which Amex advertised as getting the card free for life. What Amex never printed, on this page or anywhere that survives, are the two numbers a valuations desk needs — what a plain ₹100 of spend earned, and what the fee actually was before those waivers ate it. Both are recorded here as unpublished rather than guessed. It is long gone: the live Credit Card MITC of 31 March 2026 prices five American Express credit cards, and no fuel card is among them.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes a fee schedule AND an earn table — we have neither number, so there is nothing to net off against nothing. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
American Express publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
What has changed under this card
- 30 Sep 2026 Amex India discontinues Reward Multiplier — the whole 5X/3X/2X ladder issuer-wide
- 28 Aug 2026 Amex India pauses new card applications across the entire portfolio issuer-wide
- 18 Aug 2026 Amex India re-rates Virgin Atlantic upward — 2:1 becomes 5:4, the first MR buff in years issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- The 2.5% fuel transaction fee waived outright at every HPCL outlet, with no registration
- A published redemption Amex rarely gave: 1,250 points bought a ₹250 HPCL fuel voucher
- A bonus points rung on all card spending, and a bigger one on HPCL fills of ₹750 and above
- Half the annual charge waived above ₹60,000 of yearly spend, and all of it above ₹1,10,000
- A credit card, not a charge card — the balance could be carried
- American Express Selects offers on travel, dining and shopping worldwide
Watch out
- Withdrawn: Amex India's live Credit Card MITC prices five credit cards and no fuel card, and the product page survives only in the archive
- Amex never published the base earn — every rate on the page is a multiple of a number the bank did not print, so this card is carried and left out of every ₹ calculation
- Amex never published the fee either, only the ladder that waived it, so 'free for life' is a claim nobody can check
- The bigger HPCL rung applied only to fills of ₹750 and above, and only on the first ₹1,00,000 of HPCL spend in a year
- The card enrolled you in the Non Frequent Traveler tier of Membership Rewards, not the tier whose points never expire
- At 1,250 points for a ₹250 voucher the points were worth ₹0.20 each on the fuel route — well under what Membership Rewards fetches elsewhere
What these points actually fly
American Express has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Does your spend count toward the fee waiver?
not published — and we say which
₹1,10,000 a year is the bar that waives a fee no issuer document states. A different question from the one above — earning points and counting toward a threshold are separate rules, and issuers write them separately.
Not published. American Express states what the Amex HPCL RPM Credit Card earns, but has not published which spend categories count toward the fee waiver — the ₹1,10,000 bar. We won't guess it from the earn table or from a sibling card: Axis published three cards' rules on one day and all three lists differed. If you hold this card and have it in writing from the issuer, send us the document and we'll source it.
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Closed to new applications — existing cardholders keep the card; there is no way in.
You cannot, and nothing replaced it. American Express India's current range is two charge cards and four credit cards, none of them a fuel co-brand, and HPCL's card partnerships have since moved to other issuers. The nearest live thing an Amex holder gets is the shelf-wide fuel-surcharge treatment in the bank's own MITC, which is not this card and not a co-brand.
American Express publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 1 Oct 2026Amex Platinum loses Lufthansa Lounge access with no replacementComplimentary access to participating Lufthansa Lounges for eligible Platinum Card Members, through 30 Sep 2026 → From 1 Oct 2026 Platinum Card Members have no access to any Lufthansa Lounge; no substitute benefit announced
Announced in July 2026, effective 1 October: eligible Platinum Card Members lose access to every Lufthansa Lounge, and Amex has named nothing to put in its place. Access runs through 30 September, so there's a two-month window to use it. For Indian Platinum holders the Lufthansa rooms were the good half of a Frankfurt or Munich connection — Priority Pass and the Global Lounge Collection still cover the airports, but not with a Senator-grade product. It's the third clip to the same card's lounge stack in one quarter, after Mumbai's Centurion closed on 1 July and Centurion guest access halved on 8 July. Amex India's ₹66,000 metal card is being asked to justify itself on Fine Hotels + Resorts and hotel status, not on doors.
- 1 Oct 2026Amex bolts a ₹1 lakh spend gate onto Platinum Travel's domestic lounge access
- 1 Oct 2026Platinum Travel's domestic lounge access gets a ₹1 lakh prior-quarter spend gate8 complimentary domestic lounge visits a year, capped at two per quarter, with no spend condition anywhere. → Up to two complimentary domestic visits in a calendar quarter, EARNED by spending ₹1 lakh or more in eligible transactions in the preceding calendar quarter.
Same notice, three weeks later, and it lands on the other half of what this card is for. "From October 1, 2026, complimentary domestic airport lounge access will be linked to quarterly spending on the card. To receive up to two complimentary domestic airport lounge visits in a calendar quarter, a cardmember will need to have spent INR 1 lakh or more in eligible transactions in the preceding calendar quarter." The visit COUNT does not change — two a quarter, eight a year, exactly as before. What changes is that they stop being something you hold and start being something you earn, and ₹4 lakh a year of spend is now the price of a benefit that used to come with the ₹5,000 fee. On a card sold to travellers rather than to heavy spenders, that is a real withdrawal: the ₹1.9 lakh milestone deleted in September was the rung a moderate spender actually reached, and now the lounges want ₹4 lakh a year too. CARRY THE TRANSITIONAL RUNG, because it applies to exactly one quarter and then vanishes. CardInsider's report of the same notice adds what the first report did not: "As a one-time exception, for the October–December 2026 quarter, cardholders will need to have spent ₹70,000 or more between July and September 2026 to qualify for lounge access." So the gate for the first affected quarter is ₹70,000, not ₹1 lakh — and July and August of that window are already spent by the time most readers learn this, which is what a one-time exception announced seven weeks ahead really means.
- 30 Sept 2026Amex India discontinues Reward Multiplier — the whole 5X/3X/2X ladder
- 10 Sept 2026Amex guts Platinum Travel's milestone ladder — 30,000 MR out, the Taj voucher doubled
- 10 Sept 2026Amex deletes the ₹1.9 lakh milestone on Platinum Travel and swaps the ₹7 lakh points for a voucher
- 28 Aug 2026Amex India pauses new card applications across the entire portfolio
- 18 Aug 2026Amex India re-rates Virgin Atlantic upward — 2:1 becomes 5:4, the first MR buff in years
Every American Express change we've dated → 28 events since 1993, 21 of them nerfs — worst year 2026.
Verified against American Express's own documents on
Not published , and we will not invent it: the annual fee · the earn rate and the currency it earns.
Every document behind this page — 2 of them, each with the day we read it
- official American Express India's RPM Credit Card page (archived 27-Aug-2016) — the HPCL fuel-fee waiver, the bonus rungs, the fuel-voucher redemption and the two-step fee waiver ladder
- official American Express India's Credit Card MITC, 31 March 2026 — the live fee table, which prices five credit cards and no fuel co-brand