In a highly competitive Indian market, credit cards are now being specifically curated to meet the needs of the customer. A fuel credit card can help you save on your fuel expenses. As the fuel price has already risen to record levels, a fuel credit card helps save money. It is easy to apply for a fuel credit card online and the process is hassle-free. Here is the list of best fuel credit cards offered by 5 top banks in India.
Sl No: | Credit Card | Annual Renewal Fee | Best Feature |
1 | BPCL SBI Credit Card | ₹499 + GST | Tailored for the loyal Bharat Petroleum customers. |
2 | IndianOil Citi Credit Card | ₹1000 + GST | One of the best Citibank credit cards for loyal IndianOil customers. |
3 | ICICI HPCL Credit Card | ₹199 + GST | Earn cashback and reward points while purchasing fuel. |
4 | IndianOil HDFC Credit Card | ₹500 + GST | Ideal for fuel savings and a favourite for users from non-metro cities and towns of India. |
5 | IndianOil Axis Bank Credit Card | ₹500 + GST | Earn reward points for expenses other than fuel purchase. |
Now, let us check out the details of each of these credit cards.
BPCL SBI Credit Card
The largest credit card issuer in India, the State Bank of India, together with Bharat Petroleum has launched BPCL SBI Credit Card. It is a basic co-branded fuel credit card and offers 13X reward points on all transactions at any BPCL petrol pumps. It has an annual renewal fee of ₹499 which can be waived off if the annual spend is ₹50,000 or above.
- A joining benefit of 2,000 Bonus Reward Points worth ₹500 on activation of the card and payment of the joining fee.
- Get Amazon vouchers worth ₹250 while applying for this credit card online.
- On every transaction of up to ₹4,000, earn 13X Reward Points equal to 3.25% + 1% fuel surcharge waiver.
- For every ₹ 100 spent on non-fuel retail spending, earn 1 Reward Point.
- For every ₹ 100 spent at groceries, departmental stores, dining and movie tickets, earn 5X Reward Points.
- A surcharge waiver of up to ₹100 per billing cycle, equal to an annual savings of ₹1200.
IndianOil Citi Credit Card
IndianOil and Citibank came together to introduce IndianOil Citi Credit Card for IndianOil loyalists across the country. You can earn Turbo Points along with a 2.5% fuel surcharge waiver across the IndianOil fuel stations in the country.
- On spending ₹30,000 in the previous year, get the annual fee of ₹1000 waived off.
- 4 Turbo Points on every ₹150 spent on purchase of fuel at IndianOil outlets.
- 2 Turbo Points on every ₹150 spent on groceries and at supermarkets.
- 2 Turbo Points on every ₹150 spent on dining and shopping.
- Get up to 71 litres of fuel free every year.
ICICI HPCL Credit Card
ICICI Bank in partnership with HPCL launched ICICI HPCL Credit Card. It is a fuel credit card that offers benefits on your fuel transactions at HPCL outlets. Earn discounts when you spend on utility payments, grocery, and departmental store purchases.
- Welcome gift of 2,000 reward points on card activation and fee payment.
- 2 PAYBACK points on spending ₹100 for retail purchases.
- 5% cashback on each spend at HPCL fuel pumps
- Up to 25% discount on booking two movie tickets through the BookMyShow app and INOX twice a month.
- Complimentary domestic airport lounge access for a minimum spend of ₹5,000 in a quarter of the year.
- Complimentary 24×7 Roadside Assistance services.
IndianOil HDFC Credit Card
HDFC Bank launched IndianOil HDFC Credit Card in collaboration with Indian Oil Corporation. It is ideal for individuals who are IndianOil loyalists and are from non-metro cities and towns of India. You can earn ‘fuel points’ for fuel purchases at IndianOil fuel stations and expenses across all spending categories.
- Earn up to 50 litres of free fuel annually.
- Earn 5% of the spending as fuel points at any Indian Oil fuel pumps.
- 1 Fuel Point for every ₹150 spent on all other purchases.
- Complimentary IndianOil IXR Program membership.
- Avail 1% fuel surcharge waiver for fuel transactions across India.
- On spending ₹20,000 or above in the first 90 days of issual of the card, get the annual fee of ₹500 waived off.
IndianOil Axis Bank Credit Card
Axis Bank joined hands with the IndianOil corporation to launch one of the highest rewarding fuel credit cards: the IndianOil Axis Bank Credit Card. It offers much more than just great savings on your fuel expenses. Along with accelerated reward points, this card offers surcharge waivers.
- 100% cashback worth up to ₹250 on fuel purchases made within 30 days of card issued.
- 20 reward points on spending ₹100 at any IOCL outlets in India with a minimum of ₹100 and a maximum of ₹5,000.
- 5 reward points on spending ₹100 on online shopping providing 1% value back on each transaction.
- 1 EDGE REWARD point on spending ₹100 using this card.
- Up to 20% discount on dining expenses at partner restaurants.
Now, you must be well versed with the best fuel credit cards available in India. So, wait no more and avail of any fuel credit card of your choice from Bajaj MARKETS today!
Santosh Kumar is a Professional SEO and Blogger, With the help of this blog he is trying to share top 10 lists, facts, entertainment news from India and all around the world.