IndianOil HDFC Bank Credit Card

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The IndianOil HDFC Credit Card is a special card from HDFC Bank and IndianOil, designed to help you save on fuel expenses. When you use this card at IndianOil petrol pumps, you earn fuel points that can later be redeemed for free fuel. You can earn up to 50 liters of free fuel each year through these points. Additionally, since this card works on the RuPay network, it can be linked to UPI for seamless digital payments. Axis Bank offers a similar card called the IndianOil Axis Bank Credit Card, providing another option for fuel rewards.

A big benefit of this card is the free membership to the IndianOil XTRAREWARDS Program (IXRP), where each fuel point equals Rs. 0.96, giving you great value. You can use these points not just for fuel but also for products, vouchers, and more. The card has a joining fee of Rs. 500, but this fee is waived if you spend Rs. 20,000 within the first 90 days. You also earn 5% extra points on fuel, utility bill payments, and groceries. Plus, if you spend Rs. 50,000 in a year, both the joining and renewal fees are waived, making it a smart choice for frequent spenders.

Credit Card Detail
IndianOil HDFC Bank Credit Card
Joining Fee
Rs. 500.00 +GST
Renewal Fee
Rs. 500.00 +GST
Best Suited For
Fuel
Reward Type
Reward Points
Welcome Benefits
N/A
Apply Now
Rewards Rate
You earn 5% Fuel Points on spending at IndianOil outlets, groceries, and bill payments. For other purchases, you get 1 point for every Rs. 150 spent. The reward rate can go up to 4.8%.
Reward Redemption
You can redeem Fuel Points for free fuel at IndianOil outlets through the free IndianOil XTRAREWARDS Program (1 point = 96 paise). Points can also be used through net banking for catalog products or as cashback on your credit card (1 point = 20 paise).
Movie & Dining
N/A
Travel
N/A
Golf
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Insurance Benefits
N/A
Interest Rates
Interest is 3.6% per month, which adds up to 43.2% per year.
Spend-Based Waiver
Spend Rs. 50,000 in a year, and you won't have to pay the renewal fee.
Rewards Redemption Fee
Rs. 99 plus taxes
Cash Advance Charges
You'll be charged 2.5% of the cash amount you withdraw, but it won't be less than Rs. 500.
Foreign Currency Markup
3.50% +GST
Fuel Surcharge
If you spend at least Rs. 400 on fuel, you'll get a 1% discount on the surcharge.
Card Details
  • Free Membership to IndianOil XTRAREWARDS Program: Enjoy automatic enrollment into the XTRAREWARDS Program, allowing you to earn and redeem points for fuel and other rewards.
  • Annual Fee Waiver: Spend Rs. 50,000 or more in the previous year, and your renewal fee will be completely waived.
  • Earn Fuel Points on Spending: Get 5% Fuel Points when you spend on fuel at IndianOil outlets, grocery purchases, and bill payments & Earn 1 Fuel Point for every Rs. 150 spent on other categories.
  • Free Fuel Benefit: By redeeming your accumulated Fuel Points, you can get up to 50 liters of free fuel every year.
  • Fuel Surcharge Waiver: Save on fuel costs with a 1% waiver on fuel surcharges at all fuel stations across India for transactions of Rs. 400 or more.
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Frequently Asked Questions

What benefits does the IndianOil HDFC credit card offer?

This card lets you earn Fuel Points when you pay for fuel at IndianOil petrol pumps. You also get rewards on other purchases, making it great for regular fuel users.

What is the spending limit for the IndianOil HDFC credit card?

The spending limit depends on your credit score, income, and repayment history. The bank will decide your specific credit limit after reviewing your application.

Can I get this credit card without having an HDFC bank account?

Yes, you can apply for this card even if you don’t have an account with HDFC Bank. To be eligible, you need to be between 21 and 60 years old and have a minimum monthly income of Rs. 10,000.

What interest rate does this card charge?

If you don’t pay your full outstanding balance on time, the bank will charge interest at 3.49% per month, which adds up to 41.88% annually.

Is there a fuel surcharge waiver with this card?

Yes, the card offers a 1% waiver on fuel surcharges for transactions above Rs. 400. There’s no upper limit on the fuel purchase amount to get this benefit.

How much free fuel can I get with this card in a year?

By earning and redeeming Fuel Points, you can enjoy up to 50 liters of free fuel every year if you maximize the benefits.

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