IndianOil, India’s flagship national oil company, has partnered with leading banks to offer co-branded credit cards. These fuel-focused cards provide savings and rewards for regular travelers and refuelers, along with additional perks from their respective banks. Here’s a comprehensive comparison of the top IndianOil credit cards:
IndianOil HDFC Bank Credit Card
- Joining/Renewal Fee: ₹500 + GST
- Welcome Benefit: None
- Reward Points:
- 5% accelerated fuel points on spending at IndianOil fuel stations (Max 250 points/month in first 6 months; 150 points thereafter).
- 5% fuel points on groceries and bill payments (up to 100 points/month).
- 1 point per ₹150 on other categories.
- Rewards Redemption Rate: 1 Fuel Point = ₹0.96
- Fuel Surcharge Waiver: 1% on all stations (up to ₹250 per cycle).
- Annual Fee Waiver: Spend ₹50,000 or more in the first year.
For more visit IndianOil HDFC Bank Credit Card
IndianOil Axis Bank RuPay Credit Card
- Joining/Renewal Fee: ₹500 + GST
- Welcome Benefit: 100% cashback on fuel transactions up to ₹250 in the first 30 days.
- Reward Points:
- 4% value back on fuel transactions at IOCL stations (20 points per ₹100 spent).
- 1% value back on online shopping (5 points per ₹100).
- Rewards Redemption Rate: 1 Reward Point = ₹0.20
- Fuel Surcharge Waiver: 1% (transactions ₹100 - ₹5,000, max ₹50 per cycle).
- Annual Fee Waiver: Spend ₹50,000 or more in the previous year.
- Additional Perks: 10% off on BookMyShow movie tickets.
For more visit IndianOil Axis Bank RuPay Credit Card
IndianOil Axis Bank Premium Credit Card
- Joining/Renewal Fee: ₹1,000 + GST
- Welcome Benefit: 500 EDGE Miles on first fuel transaction within 30 days.
- Reward Points:
- 6X EDGE Miles on IOCL fuel stations.
- 2X EDGE Miles on groceries.
- Rewards Redemption Rate: 1 EDGE Mile = ₹1 at IOCL; ₹0.20 on Travel Edge.
- Fuel Surcharge Waiver: 1% (GST on fuel surcharge not refunded).
- Annual Fee Waiver: Spend ₹1 lakh in the previous year.
- Dining Delights: 30% discount on Zomato orders, 25% on dining via EazyDiner.
- Additional Benefits: Free domestic airport lounge access.
For more visit IndianOil Axis Bank Premium Credit Card
IndianOil RBL Bank XTRA Credit Card
- Joining/Renewal Fee: ₹1,500 + GST
- Welcome Benefit: 3,000 Fuel Points (₹1,500 value) on spending ₹500 within 30 days.
- Reward Points:
- 15 Fuel Points per ₹100 spent on fuel at IOCL stations (max 2,000 points/month).
- 2 Fuel Points per ₹100 on other eligible spends.
- Rewards Redemption Rate: 1 Fuel Point = ₹0.50
- Fuel Surcharge Waiver: 1% (up to ₹200/month).
- Annual Fee Waiver: Spend ₹2.75 lakh in the previous year.
Each card offers unique fuel-related rewards and benefits. Choose a card based on your spending habits and desired perks:
- Best for Regular Refuelers: IndianOil HDFC Bank and IndianOil RBL Bank XTRA for high fuel reward rates.
- Best for Dining and Online Shopping: IndianOil Axis Bank Premium Credit Card, with dining discounts and EDGE Miles.
- Entry-Level Option: IndianOil Axis Bank RuPay Credit Card, providing cashback and low fees.