A fuel credit card is designed for those who frequently purchase fuel. It offers rewards, cashback, or discounts on refueling expenses. These cards are often linked to specific fuel stations, providing additional perks like loyalty points or fuel price discounts, while helping offset surcharges during rising petrol prices. Additional benefits may include the absence of annual fees, lower interest rates, and savings on related purchases. Fuel credit cards are becoming a popular way for drivers and frequent travelers to save money as fuel prices skyrocket throughout India. It's a wise decision to manage fuel expenses by selecting a card based on your spending patterns, which guarantees you maximize benefits and avoid interest fees.

Top 10 Credit Cards for Fuel in India

When the price of fuel is increasing, it may seem that fuel surcharges are an additional burden. Fuel cards are designed to provide savings and convenience at the pump. Common features consist of reimbursements for fuel purchases, rewards points, waivers for fuel surcharges, and occasionally, discounts on services such as auto repair or roadside assistance. Below is a comprehensive list of the most advantageous fuel credit cards that will allow you to economize on each fill-up.

• BPCL SBI Card OCTANE
• HPCL Bank of Baroda ENERGIE Credit Card
• IndianOil Kotak Credit Card
• ICICI Bank HPCL Super Saver Credit Card
• Indianoil Axis Bank Credit Card
• ICICI Bank HPCL Coral Credit Card
• YES First Preferred Credit Card
• Indian Oil HDFC Bank Credit Card
• HPCL IDFC First Power+ Credit Card
• HDFC Bharat Cashback Credit Card

1. BPCL SBI Card OCTANE

The BPCL SBI Octane is a premium version of the BPCL SBI Card. The card provides rewards on various categories such as groceries, movies, and dining. This card is a suitable alternative for individuals whose fuel expenditure constitutes a significant portion of their monthly expenses, specifically at BPCL outlets. Joining fee and annual fee Rs 1499.

Benefits & Features:

• Receive a welcome benefit of 6,000 reward points upon paying the annual fee, equivalent to Rs 15,000.
• Enjoy up to 7.25% value-back on fuel purchases at BPCL petrol pumps.
• Earn 25X reward points on fuel purchases at BPCL pumps, with a cap of 2,500 reward points per statement cycle.
• Get 10 reward points for every Rs 100 spent on dining, movies, groceries, and departmental stores.
• Avail 25 reward points per Rs 100 spent on fuel at BPCL fuel stations nationwide.
• Benefit from a 1% fuel surcharge waiver on fuel transactions up to Rs 4,000 at BPCL outlets.
• Get free access to 4 domestic airport lounge visits annually.
• Enjoy a milestone gift voucher worth Rs 2,000 from top brands on annual spends of Rs 3 lakh.
• Avail complimentary fraud liability cover of Rs 1 lakh.
• Use the balance transfer feature to consolidate outstanding balances from other credit cards.
• Convert purchases of Rs 2,500 or more into Easy Monthly Installments with the Flexipay option.
• Experience contactless transactions with the BPCL SBI Card OCTANE’s innovative technology.

2. HPCL Bank of Baroda ENERGIE Credit Card

HPCL BOB ENERGIE Credit Card is a pocket-friendly option for shoppers and travelers. With a joining fee of Rs 499, it offers benefits such as fuel surcharge waivers, plenty of rewarded points for fuel refill, travel benefits like discounts on foreign trips, and many more lifestyle purchase offers. The cardholders can save on fuel, travel, and even on lifestyle purchases, including discounted movie tickets.

Benefits & Features:

• You will earn 24 reward points for every Rs150 spent at HPCL fuel stations, apart from giving Rs 100 cashback on the first recharge of Rs 1,000 using HP Pay. Also, cashback is offered via the HP Pay app at 1.5% extra.
• Get 2000 reward points on spending Rs 5000 within 60 days from the date of card issuance as a welcome offer.
• Earn 10 reward points for every Rs 150 spent on grocery, departmental stores, utilities, and 2 reward points on all other categories.
• 25% discount up to Rs 100 on movie tickets booked through Paytm Movies for a minimum of two tickets at a time.
• Complimentary four visits to airport lounges in a year.
• Waiver of 1% fuel surcharge for transactions of HPCL fuel from Rs 400 to Rs 5000 including transactions made through HP Pay app.
• Spend Rs 50,000 in a year and earn automatic waiver for the annual fees.
• Offers three life free add-on cards for eligible family members over the age of 18.
• Transform any expenses above Rs 2500 into real EMIs with different tenures between 6 and 36 months.

3. IndianOil Kotak Credit Card

If you are looking for an entry-level credit card with fuel benefits, you should consider getting the IndianOil Kotak Credit Card. At an annual fee of Rs 449, the card is highly rewarding as you receive up to 4% value back in the form of reward points across IndianOil fuel stations and dining, grocery, and other retail transactions. You will benefit greatly from this card if you prefer IOCL petrol pumps over others.

Benefits & Features:

• Earn an exclusive welcome benefit of earning 1,000 reward points on spends of Rs 500 in the first 30 days.
• Presently, it earns 24 reward points per Rs 150 spent on fuel at Indian Oil petrol stations, 12 reward points through groceries and dining, and 3 reward points on other transactions.
• Get an annual fee waiver for spending more than Rs 50,000 in the last financial year.
• 1% fuel surcharge waiver with a maximum of Rs 100 a month.
• Pay as you wish with contactless RuPay payment for transactions up to Rs 5,000.
• Enjoy personal accident coverage of Rs 2 lakh.
• Provides concierge service for birthday gifts, golf bookings, movie tickets, etc.
• Add-on cards enjoy all the benefits that primary cardholders are entitled to, along with the assessment and tracking of add-on card expenditures separately.
• Establish limits for your add-on card based on how you wish to spend.

4. ICICI Bank HPCL Super Saver Credit Card

The ICICI Bank HPCL Super Saver Credit Card was designed in collaboration with Hindustan Petroleum for a bunch of benefits like cashback on all expenditure and reward points for every purchase you make. It charges an annual membership fee of Rs 500. This credit card has complimentary features and is best suited for someone looking for lifestyle benefits on different categories for rewards.

Benefits & Features:

• Earn 5% cashback on fuel purchases at HP fuel pumps nationwide via the HP Pay app or POS.
• Get an additional 1.5% payback as reward points on fuel purchases at HP fuel pumps through the HP Pay App.
• Receive a joining bonus of 2,000 reward points upon card activation.
• Get Rs 100 cashback on activating the card through the HP Pay app.
• Complimentary roadside help at no additional cost.
• Enjoy special dining offers under the ICICI Bank Culinary Treats Programme.
• 5% payback in reward points on purchases at supermarkets, utilities, and department stores like Big Bazaar and D-Mart.
• Access to complimentary lounges at domestic airports across India.
• Avail a 25% discount (up to Rs 100) on movie tickets from BookMyShow and Inox, twice a month.
• Earn 2 loyalty points for every Rs 100 spent on retail purchases (excluding fuel).

5. Indianoil Axis Bank Credit Card

If you're someone who constantly fuels up your vehicle, this co-branded fuel credit card from Indian Oil and Axis Bank will definitely work wonders for your fuel savings. At a nominal annual fee of Rs. 500, a customer gets 5% reward on fuel purchases at IOCL stations and 1% on spendings made online. Furthermore, enjoy dining and movies at a discounted rate with the Dining Delights program.

Benefits & Features:

• A maximum of 4% value maximum cashback can be earned on fuel transactions across all IndianOil fuel stations.
• 20 reward points will be awarded for every 100 rupees spent on the fuel. The maximum reward a customer can earn is 5000 rupees a month.
• 1% value back on online shopping with five reward points on each Rs 100 spent.
• Welcome benefit up to 250 Rs cashback for fuel transactions within 30 days of issuance of the card.
• 1% fuel surcharge waiver for spending between Rs 200 and Rs 5,000 in a month.
• Earn EDGE reward points: by letting you earn one point through every amount of 100 spent across all transactions.
• A waiver from paying an Annual Fee is available with the expenditure of 50,000 a year.
• Discounts at partner restaurants accessible via the Dining Delights program: Up to 15% discount.
• Discount on movie tickets booked through BookMyShow.

6. ICICI Bank HPCL Coral Credit Card

The ICICI Bank HPCL Coral Credit Card is designed for customers who are used to shopping and refueling a lot. The joining fee of Rs 199 is nominal and earns the joiner reward points against all expenses, which can be redeemed for products, vouchers, or even fuel. It is the best for those who want to reap the benefits of savings when buying fuel, entertainment, and dining.

Benefits & Features:

• For every Rs.100 spent excluding fuel, earn 2 PAYBACK points.
• Get Rs 100 off on up to 2 movie tickets booked through BookMyShow in a month.
• Enjoy exclusive discounts up to 15% dining in more than 800 partner restaurants nationwide with the Courtesy Culinary Treats Programme.
• Earn 500 fuel points that can be redeemed for 2000 PAYBACK points.
• Two and a half percent cash back and one percent surcharge waived on fuel transactions at the HPCL fuel stations.

7. YES First Preferred Credit Card

The YES FIRST Preferred Credit Card is best for earning reward points across categories. One can redeem these points against selected rewards. This card promises bonus reward points, annual fee waivers, and the instant EMI feature, making it very convenient for the cardholder. With a joining fee of Rs. 999 + GST this is best for the users who want to maximize their spending to the fullest. Designed for maximum reward earning and redeeming across categories, this card makes every purchase earn more for consumers.

Benefits & Features:

• Earn 10,000 bonus reward points for the first transaction within 90 days and 7,500 extra reward points on each renewal.
• Spend Rs 7.5 lakh annually and earn 20,000 bonus reward points.
• Get a renewal fee waiver by spending Rs 2.5 lakh in a year.
• Earn 8 reward points for every Rs 200 spent on most categories and 4 reward points on select categories.
• Get 5X reward points on your first three transactions with registered billers on YES PayNow.
• Redeem points for shopping, Intermiles, Club Vistara Points, and movie tickets, hotels, and flight bookings on YesRewardz.
• Complimentary Priority Pass membership with 4 visits annually and 2 domestic lounge visits per quarter.
• Get a 25% discount when you use BookMyShow to book movie tickets.
• Golf benefits: 4 complimentary rounds of green fees and 1 complimentary golf lesson per month at select courses in India.
• Flight accident cover up to Rs 1 crore and emergency overseas hospitalization cover of up to Rs 25 lakh.
• Credit shield cover in case of accidental death.
• 1% fuel surcharge waiver on transactions between Rs. 400 and Rs 5,000 at fuel stations in India.
• Enjoy multiple offers under YES Privileges for lifestyle benefits.

8. Indian Oil HDFC Bank Credit Card

The IndianOil HDFC Credit Card, which is expected to offer up to 50 liters of free fuel annually along with average monthly Fuel Points, is one of the best credit cards for fuel savings in India. This is tailored to serve the needs of commuters using personal, motorized transportation. Fuel savings are great, and there are other benefits and additional features. The annual & joining fee for the IndianOil HDFC Credit Card is Rs 500. For people wanting to cut down their daily fuel expenses, this is a great option!

Benefits & Features:

• Earn 5% of spends as Fuel Points on IndianOil fuel outlets, groceries, bill payments, and utilities.
• Earn 1 Fuel Point (FP) per Rs 150 spent on other purchases.
• Get a 1% fuel surcharge waiver on all fuel transactions between Rs 400 and above.
• Annual fee waived if annual spends exceed Rs 50,000.
• Redeem accumulated Fuel Points for IndianOil XTRAREWARDS.
• Earn up to 250 Fuel Points per month on IndianOil fuel purchases for the first 6 months. Post 6 months, earn up to 150 Fuel Points monthly.
• Get a renewal fee waiver of Rs 500 for annual spends above Rs 50,000.
• First-year fee waiver on spends of Rs 20,000.
• Automatic PayZapp activation with a transaction of Rs 500 or more within the first 90 days.
• Enjoy a free card by registering through SmartPay.

9. HPCL IDFC First Power+ Credit Card

In a pioneering initiative, IDFC First Bank has launched co-branded credit cards along with Hindustan Petroleum Corporation Limited (HPCL). HPCL IDFC First Power+ Credit Card provides very high savings, which means savings of almost Rs 18,500 annually, which is equivalent to over 175 litres of fuel free. Along with its fuel savings, exclusive offers and discounts over various popular partnered brands also excites cardholders. The membership of the card can be availed after a mere fee of Rs 499. Undoubtedly a winner for the commuter and one who loves to get more with his money and savings.

Benefits & Features:

• 30X Reward Points on HPCL fuel spends, up to 2,400 points.
• Earn 5% rewards on grocery and utility bills (max Rs 2,000/month).
• 5% rewards on IDFC FIRST FASTag recharges (max Rs 1,000/month).
• 3X rewards on all other retail transactions.
• 25% off on movie tickets, capped at Rs 100 per month.
• 1 Reward Point equals Rs 0.25 for redemption.
• Complimentary domestic airport lounge access once per quarter (4 times a year), with a minimum monthly spend of Rs 20,000.
• Complimentary roadside assistance worth Rs 1,399, offered 4 times a year.
• Rs 500 cashback on the first HPCL fuel transaction above Rs 500.
• Up to 5% cashback on the first EMI transaction (capped at Rs 1,000).
• Personal accident cover of Rs 2 lakh and lost card liability cover of Rs 25,000.
• Total savings of up to 6.5% on fuel spends.

10. HDFC Bharat Cashback Credit Card

The HDFC Bharat Cashback Credit Card, with a joining fee and annual fee of Rs 500 each, is a great choice for beginners looking to earn cashback on daily expenses. It rewards spending on groceries, fuel, bill payments, mobile recharges, and IRCTC bookings. With capped monthly rewards, it’s ideal for those seeking cashback on regular expenses. The card also includes perks like zero liability on lost cards and surcharge waivers, making it a practical option for everyday purchases.

Benefits & Features:

• Earn 5% cashback (up to Rs 150 each month) on purchases such as groceries, fuel, bill payments, and cellphone recharges.
• Get 5% cashback (up to Rs 150 every month) on transactions made with PayZapp, EasyEMI, or SmartBuy.
• Get 5% cashback on IRCTC railway bookings (limited at Rs 150 per month).
• Redeem your cashback earnings as reward points (1 point equals Rs. 1).
• Receive a welcome bonus (points) on your first transaction (subject to rules and conditions).
• You may effortlessly manage your costs with online banking and mobile app capabilities.
• Make secure and convenient contactless payments.
• Get unique discounts and deals from HDFC Bank partners (subject to change).
• There is no yearly cost for the first year; however, renewal fees apply thereafter.
• Easy eligibility conditions, making it appropriate for first-time credit card users.

In addition to these cards mentioned above, you can opt to check out these cards as well, which provide an amazing and valuable deal along with other rewards: IndianOil RBL Bank XTRA Credit Card, Amex Membership Rewards Credit Card, HDFC Moneyback Credit Card, HDFC Bank Business MoneyBack Credit Card, Standard Chartered Super Value Titanium Credit Card, Kotak Royale Signature Credit Card and TATA Star Titanium Credit Card. It's all up to enhancing your lifestyle in terms of these cards bringing forth perks, savings, and rewards!

Benefits of Fuel Credit Cards

1. You can save significantly on fuel purchases.
2. You receive reward points that may be redeemed for a variety of items, including fuel, shopping, and travel.
3. You receive a waiver of the fuel surcharge.
4. Some fuel credit cards offer additional travel and lifestyle benefits.

What is the eligibility for a Fuel Credit Card?

The requirements that an applicant must fulfill in order to be considered for the best fuel credit card are as follows.

1. The candidate must be older than 18 and a resident of India.
2. Applicants should be either salaried or self-employed.
3. Applicants should meet the income criteria set by the bank.
4. The applicant should possess a decent credit score.

Conclusion

Whether it’s petrol or diesel, refueling is an essential routine for all vehicle owners. That’s why fuel credit cards are such a game-changer. Regular credit cards often don’t reward fuel transactions and may even come with added surcharges. But dedicated fuel credit cards go beyond offering just a line of credit; they provide accelerated reward points or cashback on your fuel spends, making every refuel rewarding. Additionally, through CreditKaro you can explore the different types of credit cards and choose the card that is best suited for you.