Rev up your savings with WalletWalk’s guide to the best fuel credit cards in India for 2023. Fuel credit cards can turn your daily commute or road trips into rewarding experiences, offering cashbacks, fuel rewards, and even free fuel in some cases. Whether you’re looking for the best credit card for fuel rewards, or a lifetime free fuel credit card, our guide offers a detailed comparison. We examine fuel charges on credit cards, the process of fuel credit card application, and benefits across different cards. Start your WalletWalk journey today and let us steer you towards the best fuel credit card for your needs.
Standard Chartered Super Value Titanium Credit Card
Reward Rate: Earn 1 reward point for every ₹150 spent.
Features: Offers 5% cashback on fuel at all petrol pumps in India.
Fee: The annual fee for this card is ₹750.
Benefits: Also offers 5% cashback on telephone and utility bills.
Citibank IndianOil Credit Card
Reward Rate: Earn 4 Turbo Points on ₹150 spent at authorized IndianOil outlets.
Features: Turbo Points never expire and can be redeemed for free fuel.
Fee: Annual fee of ₹1,000, waived off if annual spend crosses ₹30,000.
Benefits: 1% fuel surcharge reversal at authorized IndianOil outlets.
HDFC Bharat CashBack Card
Reward Rate: 5% cashback on fuel spends.
Features: 5% cashback on IRCTC, bill payment and recharges.
Fee: The annual fee for this card is ₹500.
Benefits: Fuel surcharge waiver of 1% on all fuel transactions.
ICICI Bank HPCL Coral Credit Card
Reward Rate: 2 PAYBACK points on every ₹100 spent on retail purchases except fuel.
Features: Discount of ₹1 per litre on fuel purchases at HPCL pumps.
Fee: Annual fee of ₹199, waived off if annual spend crosses ₹50,000.
Benefits: 2.5% cashback and 1% fuel surcharge waiver at HPCL pumps.
Axis Bank IndianOil Credit Card
Reward Rate: Earn 4% value back with 20 EDGE REWARD Points for every ₹200 spent at IndianOil outlets.
Features: Earn 1% value back with 5 EDGE REWARD Points for every ₹200 spent on all other categories.
Fee: No annual fee for the first year, ₹500 from the second year onwards.
Benefits: Fuel surcharge waiver at all IndianOil outlets.
SBI BPCL Card
Reward Rate: Earn 13X reward points on fuel purchases at BPCL petrol pumps.
Features: 5X reward points on groceries, departmental stores, movies, and dining.
Fee: The annual fee for this card is ₹499.
Benefits: Fuel surcharge waiver at all BPCL petrol pumps.
HSBC Visa Platinum Card
Reward Rate: Earn 2 reward points for every ₹150 spent.
Features: Offers various travel and dining benefits.
Fee: No annual fee.
Benefits: 5X rewards on subsequent purchases made after crossing spend amount of ₹400,000 up to a maximum of ₹1,000,000 in a year.
IndianOil HDFC Bank Credit Card
Reward Rate: Earn up to 50 Litres of free fuel annually.
Features: Earn fuel points on all your spends.
Fee: The annual fee for this card is ₹500.
Benefits: Redeem fuel points for free fuel at over 14,000 IndianOil outlets.
Kotak Royale Signature Credit Card
Reward Rate: Earn 4X reward points for every ₹150 spent on fuel.
Features: Provides complimentary access to airport lounges in India.
Fee: The annual fee for this card is ₹999.
Benefits: Get fuel surcharge waiver across all petrol pumps in India.
The right fuel credit card can help offset the rising cost of fuel and offer substantial savings. Keep in mind your fuel consumption and the fuel stations you frequent when choosing a card.
Disclaimer: The information provided in this article is accurate as of July 2023. For the most accurate and current information, please visit the official websites of the respective banks.