Credit Card
Benefits
 

Fuel Credit Cards


IndianOil Citi® Platinum Card IndianOil Citi® Platinum Card
IndianOil Citi® Platinum Card 4.5

Welcome Bonus Offer: Free Rs.250 Turbo Points on first spend.

Earn 4 Turbo Points on Rs.150 of fuel purchases at IndianOil Outlets.

Get up to 71 litres of fuel for free per year!

Annual Fee

1st Year Fee: ₹1000 (reversed on annual spends of Rs.30,000 or more)

2nd Year Fee: ₹1000 (reversed on annual spends of Rs.30,000 or more)

Bankyatra Exclusive:Free Rs.1000 Amazon Gift Card on Credit card Approval.

Features

No Annual Fees - If total spend Rs.30,000 or more in a year.

Welcome Bonus Offer: Free Rs.250 Turbo Points on first spend.

Earn 4 Turbo Points on Rs.150 of fuel purchases at IndianOil Outlets

Earn 2 Turbo Points on Rs.150 at grocery and supermarkets.

Earn 1 Turbo Points on Rs 150 on all other spends.

Turbo points redeemption offer:

a)1 Turbo points = Rs.1 worth of fuel.

b)Redeem Turbo points against Gift vouchers.

Upto 20% savings across 2000 restaurants like Pizzahut, Bercos, Foodpanda & more.

Payment Methods : Citibank Online , Citi Bank E-Pay, NEFT, ECS, ATM Drop Check, Cash Deposit.

Service Access on the go: Citibank Online, Mobile Banking, SMS Banking, CitiPhone Banking, Over the counter service.

Documents

KYC-PAN, Address proof and ID Proof.

One photograph.

Salary slip/Form 15

Charges

Interest Rates: 3.25% per month (39% per annum). This can change periodically based on your spend, payback and utilization patterns.

Cash Advance Fee: 2.5% of the withdrawn amount at ATMs in India (subject to a minimum of Rs.500), and US$7.5 at international ATMs.

Table For reference
Get up to 71 litres of fuel for free per year!
Spends Category Turbo Points earned per Rs.150 Quarterly Spends(estimated average) Turbo points Earned(1 Turbo pt = Re 1) Savings of 1% on fuel surcharge (Rs.)
Fuel* 4X 18,000 480 180
Groceries and Supermarkets 2X 15000 200 N/A
All other spends 1 52000 347 N/A
Quarterly total (a) N/A 85000 1027 180
Yearly earnings [4x(a)] N/A 340000 4107 720
Total Earning - - 4827 -
Disclaimer: Savings of 10% has been assumed on dining spends at partner outlets of bank
Exclusive

Fuel Credit Cards in India

Fuel Credit Cards

Fuel accounts for a huge expense especially when you need to commute to work in your personal vehicle.Your vehicle is your perfect companion if you are a traveller who knows how to make the best out of long weekends. With fuel prices at an all time high, driving your own vehicle has become an expensive affair. This expense can be reduced when you have a Fuel credit card. Fuel credit card offer you reward points every time you fill your fuel tank at different gas stations and exempt you from all the extra surcharges. Some of the best fuel credit cards are Citibank Indian Oil Credit Card and ICICI Bank HPCL Coral Credit Card.

List of Fuel Credit Cards

Some of the popular fuel credit cards in India are:

  • ICICI Bank HPCL Coral VISA/MasterCard Credit Card
  • ICICI Bank HPCL Coral American Express Credit Card
  • ICICI Bank HPCL Platinum Credit Card
  • Indian Oil Citi Platinum Credit Card
  • Indian Oil Citi Titanium Credit Card
  • Standard Chartered Super Value Titanium Credit Card

5 Best Fuel Credit Cards in India

#1 HDFC Bharat CashBack Credit Card

Its a recently launched credit card by HDFC for beginners and its one of very rare cards that gives you upto 5% cashback capped at Rs.150 (per month) on Fuel spends. Good for those who spend less than Rs.3000 a month.

Fuel CashBack Rate: 5%
Max CashBack: Rs 150 Per statement Cycle

#2 Standard Chartered Super Value Titanium Credit Card

Fuel CashBack Rate: 2.5%
Minimum transaction amount: INR 750
Maximum cashback per transaction: INR 100
Maximum cashback per month: INR 500

#3 Citibank Indian Oil Credit Card (Platinum)

Fuel CashBack Rate: 2.6% (as points)
Max CashBack: 267 Turbo Points = Rs.267 (or Rs.10,000 Spend) per transaction

#4 Indusind Iconia Credit Card (American Express Variant)

Fuel CashBack Rate: Upto 2% (as points)

#5 American Express Gold Charge Card

Fuel CashBack Rate: 3% (temporary)

Benefits of Fuel Credit Cards

There are various credit card issuers which offer additional benefits in terms of dining, shopping and other lifestyle benefits. You can avail these credit cards if you fulfill their eligibility criteria.

What are the eligibility criteria for Fuel Credit Cards?

There are certain eligibility requirements when it comes to getting a fuel credit card and the requirements vary with different credit card issuers. So before applying for a particular card, make sure you fulfill all the eligibility requirements to minimize the chances of being rejected and damaging your credit score. The basic eligibility norm is having a good credit score, fulfilling the minimum age and income bracket. You can contact the bank to know the income and other eligibility factors.