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
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
Headquarters
Mumbai, Maharashtra
Established 1994
Website
www.hdfcbank.comFees 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.
Step-by-step application guide: Read the HDFC Indian Oil Credit Card apply walkthrough →
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.
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Frequently asked questions
Is the HDFC Indian Oil Credit Card worth it?
What is the annual fee for the HDFC Indian Oil Credit Card?
How does the HDFC Indian Oil Credit Card reward rate work?
What are the eligibility requirements for the HDFC Indian Oil Credit Card?
Does the HDFC Indian Oil Credit Card offer airport lounge access?
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