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HDFC Indian Oil credit card

HDFC Bank

HDFC Indian Oil Credit Card

Best for IndianOil fuel spends

₹500/yr annual fee · 1.33x rewards

By FinWiz24 Research Desk · Last reviewed · How we review

FinWiz24 Research Desk

FinWiz24 Research Desk

Verified independently against issuer Terms & Conditions

Editorial Team

Annual fee

₹500/yr

Reward rate

1.33x

Min. income

₹1,44,000

Forex markup

3.5%

Lounge access

None

Eligibility

₹1.44 lakh/yr

Reward cap

Max 250 FP/month in first 6 months; max 150 FP/month thereafter

Welcome benefit

Renewal membership fee waived on spending Rs 50,000+ in the first year

IndianOil HDFC Bank Credit Card earns 5% fuel points at IndianOil pumps, groceries and bills, waives 1% fuel surcharge up to Rs 250, and costs Rs 500.

Who is this for

  • Daily driver
  • Rewards optimiser

What we like

  • Fuel surcharge waiver

Watch out for

  • 3.5% foreign-transaction markup

Issuer

Bank

HDFC Bank

Private sector bank

All HDFC Bank cards →

Headquarters

Mumbai, Maharashtra

Established 1994

Toll-free

1800-202-6161

Customer care: 1860-267-6161

Network

RuPay

See all cards on this network

Fees and charges

Fee Amount Waiver
Joining fee ₹500 Not waivable
Annual fee ₹500 Not waivable
Renewal fee ₹500 Spend Rs 50,000+ in the first year for renewal-fee waiver
Forex markup 3.5% Not waivable
Fuel surcharge 1% 1% fuel surcharge waiver at all Indian fuel stations, min Rs 400 per transaction, max Rs 250 cashback per statement cycle

Rewards

Spend category Rate Cap Redemption
All spends Earn 1 Fuel Point for every Rs 150 spent on all other purchases (including UPI transactions) 1 FP = Rs 0.96 as fuel via XtraRewards; Rs 0.20 cashback/catalogue
FUEL Earn 5% of your spends as Fuel Points at IndianOil outlets (card swipes) Max 250 FP/month in first 6 months; max 150 FP/month thereafter 1 FP = 3 XRP, redeemable for fuel at IndianOil outlets
GROCERIES Earn 5% of spends as Fuel Points on groceries and bill payments (POS and e-commerce) Max 100 FP per month in each category 1 FP = Rs 0.96 as fuel

Benefits

  • Free fuel up to 50 litres/year Highlight

    Earn up to 50 litres of free fuel annually via Fuel Points, plus up to 1% fuel-surcharge waiver of max Rs 250 per statement cycle

  • XtraRewards membership

    Complimentary IndianOil XtraRewards (IXRP) program membership for Fuel Point redemption at pumps

  • Renewal fee waiver

    Renewal membership fee waived on spending Rs 50,000+ in the first year

Eligibility

Age
21–65 years
Min. income
₹1,44,000
Documents
Salaried Indians 21-60 with net monthly income above Rs 12,000; self-employed 21-65 with ITR above Rs 6 lakh.

Read the full application walkthrough: HDFC Indian Oil Credit Card apply guide.

Fees and charges

  • Joining fee: Rs 500
  • Annual fee: Rs 500
  • Renewal fee: Rs 500 — Spend Rs 50,000+ in the first year for renewal-fee waiver
  • Forex markup: 3.5%
  • Fuel surcharge: 1% — 1% fuel surcharge waiver at all Indian fuel stations, min Rs 400 per transaction, max Rs 250 cashback per statement cycle

Rewards

  • ALL: Earn 1 Fuel Point for every Rs 150 spent on all other purchases (including UPI transactions) Redemption: 1 FP = Rs 0.96 as fuel via XtraRewards; Rs 0.20 cashback/catalogue.
  • FUEL: Earn 5% of your spends as Fuel Points at IndianOil outlets (card swipes) (Cap: Max 250 FP/month in first 6 months; max 150 FP/month thereafter) Redemption: 1 FP = 3 XRP, redeemable for fuel at IndianOil outlets.
  • GROCERIES: Earn 5% of spends as Fuel Points on groceries and bill payments (POS and e-commerce) (Cap: Max 100 FP per month in each category) Redemption: 1 FP = Rs 0.96 as fuel.

Benefits

  • Free fuel up to 50 litres/year: Earn up to 50 litres of free fuel annually via Fuel Points, plus up to 1% fuel-surcharge waiver of max Rs 250 per statement cycle
  • XtraRewards membership: Complimentary IndianOil XtraRewards (IXRP) program membership for Fuel Point redemption at pumps
  • Renewal fee waiver: Renewal membership fee waived on spending Rs 50,000+ in the first year

Eligibility

  • Minimum income: Rs 1,44,000 per annum
  • Age: 21-65 years Salaried Indians 21-60 with net monthly income above Rs 12,000; self-employed 21-65 with ITR above Rs 6 lakh.

Terms last reviewed 3 Sept 2026 against issuer-published schedules.

Issuer: HDFC Bank. FinWiz24 may earn a commission from application links; scoring is unaffected — see our affiliate disclosure.

Apply for HDFC Indian Oil Credit Card

Last reviewed · How we review

FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.

Check your eligibility → Compare this card →

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Frequently asked questions

Is the HDFC Indian Oil Credit Card worth it?

HDFC Indian Oil Credit Card is a credit card issued by HDFC Bank. Whether it is worth it depends on your monthly spend pattern and whether the annual fee (if any) is waivable. Compare the fee and reward rate on this page against your expected annual spend to make an informed decision.

What is the annual fee for the HDFC Indian Oil Credit Card?

HDFC Indian Oil Credit Card charges ₹500 as the annual fee. Most issuers waive it on minimum annual spends — check the fee tile on this page for the waiver condition.

How does the HDFC Indian Oil Credit Card reward rate work?

HDFC Indian Oil Credit Card earns 1.33x base reward rate on all spends. Each card's rewards tile on this page shows the category-wise multipliers and any monthly or yearly caps.

What are the eligibility requirements for the HDFC Indian Oil Credit Card?

To qualify for HDFC Indian Oil Credit Card, you typically need: minimum annual income ₹1,44,000. The eligibility tile on this page has the full published criteria.

Does the HDFC Indian Oil Credit Card offer airport lounge access?

HDFC Indian Oil Credit Card does not publish complimentary airport lounge access as a benefit.

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