IndianOil RBL Bank XTRA Credit Card
The IndianOil RBL Bank XTRA Credit Card is designed to offer fuel-specific rewards, making it an ideal choice for frequent fuel buyers at IndianOil outlets. The card comes with a joining fee of ₹1,500 for the first year, but new cardholders are compensated with Fuel Points equivalent to the joining fee, effectively offsetting this cost. Every ₹100 spent on fuel purchases at IndianOil stations earns 15 Fuel Points, resulting in a reward rate of 7.5%. Additionally, when you factor in the fuel surcharge waiver, the total savings from using this card amount to 8.5%.
There is a monthly cap of 2,000 Fuel Points, which means cardholders can save up to ₹1,000 per month on fuel purchases. Since 1 Fuel Point is worth ₹0.50, this translates into annual savings of ₹12,000 solely on fuel. Other eligible fuel transactions not made at IndianOil outlets also earn 2 Fuel Points for every ₹100 spent. This makes the IndianOil RBL Bank XTRA Credit Card a valuable option for those who want to save on fuel costs while enjoying straightforward, no-frills benefits.
Rewards and Benefits
Fees & Charges
What is the joining fee for the IndianOil RBL Bank XTRA Credit Card?
The joining fee is ₹1,500 + GST, charged when you first get the card.
Is there an annual fee, and can it be waived?
Yes, there is an annual fee of ₹1,500 + GST, but it can be waived if you spend ₹2,75,000 in a year.
What are the welcome benefits of the card?
Spend ₹500 within 30 days of card issuance to get 3,000 Fuel Points (worth ₹1,500).
What is the reward rate for fuel purchases?
Earn 15 Fuel Points per ₹100 spent at IndianOil stations, with a monthly cap of 2,000 Fuel Points (7.5% reward rate).
Do I earn Fuel Points on other purchases?
Yes, you earn 2 Fuel Points per ₹100 on eligible non-fuel purchases.
Is there a fee for redeeming Fuel Points?
Yes, a ₹99 + GST fee applies when redeeming Fuel Points at IndianOil outlets.
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