Fuel Credit Card – Indian Oil Credit Card

Fuel Credit Card – Indian Oil Credit Card

IndianOil HDFC Bank Credit Card Eligibility:​​​​​​​

For Salaried Indian National:

  • Age: Min 21 years to Max 60 Years,
  • Net Monthly Income> Rs 12,000

For Self Employed Indian National:

  • Age: Min 21 years & Max 65 Years
  • Annual Income: ITR > Rs 6 Lakhs per annum
  • FEES & CHARGES
  • Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
  • Click here to view details of your IndianOil HDFC Bank Credit Card fees and charges

For card sourced effective 01-11- 2020, Below T&Cs are applicable

1. The Bank reserves the right to cancel the Card in case the Card remains inactive and is not used for effecting any transaction for a continuous period of 6 (Six) months after prior written notice sent on the email address and/or phone number and/or communication address, registered in the records of the Bank.

1% Fee on transaction amount will be levied on rental transactions done on any applicable merchant for the month. Fee capped at Rs 3000 per transaction, effective 1st August 2024.

​​​​​​​3.5% Mark-Up fee will be applicable on all International / Cross currency transaction

Category:

Reward Type

 

Fuel Points

Key Features
  • Earn up to 50 Litres of Free fuel annually
  • Earn 5% of your spends as Fuel Points at IndianOil outlets (Applicable on card swipes, Max 250 Fuel Points per month in first 6 months, Max 150 Fuel Points post 6 months from card issuance)
  • Earn 5% of your spends as Fuel Points on Groceries and Bill Payments (applicable on POS and Ecomm transactions) (Max 100 Fuel Points per month on each category)
  • Earn 1 Fuel Point for every ₹150 spent on all other purchases (including UPI transactions).
Additional Features
  • Complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership
  • Revolving Credit : Enjoy Revolving Credit on your IndianOil HDFC Bank Credit Card at nominal interest rate. Please refer to the Fees and Charges section.
  • Zero Lost card liability : In the unfortunate event of you losing your IndianOil HDFC Bank Credit Card, report it immediately to our 24-hour call centre. After reporting the loss, you have zero liability on any fraudulent transactions made on your Credit Card.
    ​​​​​​​
  • Interest Free Credit Period : Up to 50 days of interest free period on your IndianOil HDFC Bank Credit Card from the date of purchase (subject to the submission of the charge by the Merchant)

Fuel Surcharge Waiver

1% Fuel Surcharge waiver at all fuel stations across India

​​​​​​​(on minimum transaction of ₹400. Max CashBack of ₹250 per statement cycle)

Renewal Offer

Spend ₹50,000 and above in the first year and get a waiver on the renewal membership fee

Smart EMI

IndianOil HDFC Bank Credit Card comes with an option to convert your big spends into EMI after purchase.

Contactless Payment

  • The IndianOil HDFC Bank Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets.
  • To see if your credit card is contactless, look for the contactless network symbol  on your card(Please note that in India, payment through contactless mode is allowed for a maximum of ₹5000 for a single transaction where you are not asked to input your Credit Card PIN. However, if the amount is higher than or equal to ₹5000, the Card holder has to enter the Credit Card PIN for security reasons)

Reward Point/CashBack Redemption & Validity

 Fuel Points Accrual :

  • Fuel Point is an exclusive Rewards metric system created only for IndianOil HDFC Bank Credit Card holders.
  • Earn Fuel Points on retail spends with the IndianOil HDFC Bank Credit Card
  • Earn accelerated 5% Fuel Points on spends at IndianOil outlets, Groceries and Bill payments.(Accelerated 5% Fuel Points benefit will be given only for fuel transactions on IndianOil Retail Outlets.)

Fuel Point Redemption :

  • Redeem Fuel Points for Free Fuel using the complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership. Redemption at participating IndianOil Petrol Outlet by converting Fuel Points into XRP (where 1 FP = 96 Paise).

To locate your nearest IndianOil Petrol Outlet.

  •  Redeem Fuel Points through NetBanking towards catalogue products (where 1 FP = upto 20 paise)
  • Redeem Fuel Points as CashBack on your IndianOil HDFC Bank Credit Card. (Cashback Redemption against Statement balance where 1 FP = 20 Paise)
    Cost per Point (in Rs.) IOCL Fuel Points (in Rs.)
    Product Catalogue Cash back
    Upto 0.20 0.20 1 Fuel Point = 3 XtraRewards Point (XRP)
    1 XRP = 0.32
    1 Fuel Point = 0.96

Fuel Points Validity:

  • Fuel Points are valid for a period of 2 years.
  1. Redemption of Reward Points to Cashback and Travel categories will be capped at 50,000 points per month per customer
  2. Accrual of Reward Points on Grocery Spends will be capped at 100 points per month per customer
  3. There will be no Reward Points accrual on Spends made on Rental and Government category payments
  4. Points + Pay – A maximum of 70% can be paid using Reward Points and the other 30% to be made by payment modes(Cash/Cards/UPI etc.)

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