A hybrid vehicle and a method of controlling a charge mode therefor are provided. The control method includes determining a first torque, which is a currently requested torque and determining a second torque, which is a predicted requested torque that is predicted to be generated in the near future from the present time, or predicted acceleration. Additionally, the method includes releasing a lock-up charge mode when the first torque is less than a first threshold value relevant to a reference for determining coasting driving and the second torque or the predicted acceleration is less than a second threshold value relevant to a driving mode change reference.