If you fill up at IndianOil pumps, the HDFC Bank IndianOil Credit Card is an easy way to cut your fuel bill. It returns 5% as Fuel Points on IndianOil fuel, groceries and bill payments, and those points can be redeemed for up to 50 litres of free fuel a year. The fee is a modest ₹500 + GST and is waived once you spend ₹50,000 in a year.
How the Fuel Points work
| Where you spend | What you earn |
|---|---|
| IndianOil fuel outlets | 5% as Fuel Points |
| Groceries | 5% as Fuel Points |
| Bill payments (online and in store) | 5% as Fuel Points |
| All other spends, including UPI and retail | 1 Fuel Point per ₹150 |
Caps apply: Fuel Points carry monthly earning limits, for example up to 250 Fuel Points a month on fuel in the first 6 months and 150 a month after that. Points stay valid for 2 years.
What you would actually earn
Say you spend ₹3,000 a month on fuel at IndianOil, ₹5,000 on groceries and ₹2,000 on bills. In the first six months your fuel spend earns about 150 Fuel Points a month, inside the 250-point cap. After six months the fuel cap drops to 150, so ₹3,000 a month of fuel still fits. Groceries and bills add their own 5% on top, subject to their caps.
The ₹10,000 a month in this example also adds up to ₹1.2 lakh a year, well past the ₹50,000 needed to waive the annual fee.
Other benefits
- Complimentary IndianOil XTRAREWARDS Program membership, used to redeem your points.
- 1% fuel surcharge waiver on fuel spends above ₹400, up to ₹250 per statement cycle.
- Fuel Points stay valid for 2 years, so there is no rush to redeem.
Getting the most from Fuel Points
- Route your grocery and utility bills through the card, since they earn the same 5% as fuel.
- Redeem points for fuel at IndianOil outlets through the XTRAREWARDS programme.
- Keep an eye on the monthly caps so you don’t overspend in a category that has stopped earning.
Fees and charges
| Joining fee | ₹500 + GST |
|---|---|
| Annual fee | ₹500 + GST |
| Annual fee waiver | Spend ₹50,000 or more in the previous year |
| Fuel surcharge | 1% waiver on spends above ₹400, up to ₹250 per cycle |
Eligibility
| Age | 21 to 65 years |
|---|---|
| Employment | Salaried or self-employed |
| Income (salaried) | ₹20,000 a month or more |
| Income (self-employed) | ₹50,000 a month or more |
| Credit score | 700 or above |
| First credit card? | Allowed |
Documents you will need
- Identity: PAN card (or Form 60)
- Address: Aadhaar, passport or a recent utility bill
- Income: latest salary slips or bank statements
- Photo: a recent passport-size photograph
How to apply
- Tap Apply on HDFC Bank site on this page to open the official application form.
- Fill in the form in one go, using the mobile number linked to your Aadhaar.
- Complete video KYC when prompted, from your current address.
- Once the card arrives, make a first transaction (₹100 or more) within 30 days to activate it.
Who should get it, and who shouldn’t
Get it if you drive regularly, have an IndianOil pump nearby and want a cheap first card that also rewards groceries and bills.
Skip it if you usually fuel up at BPCL or HPCL pumps, or if you spend a lot outside fuel, groceries and bills. The 1-point-per-₹150 rate on everything else is low.
