HDFC Bank
HDFC Indian Oil Credit Card
Best for IndianOil fuel spends
₹500/yr annual fee · 1.33x rewards
By FinWiz24 Research Desk · Reviewed by FinWiz24 Research Desk · How we review
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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