Save Your Fuel Charges Today By Applying for the Best Fuel Credit Card

Fuel Credit card
Jan 5, 2024 Reading time : 4 min

The top financial institutions of India offer different types of credit cards. Some of the credit card types include shopping credit cards, lifestyle credit cards, travel credit cards, fuel credit cards, etc. All these credit cards are perfectly designed to align with your needs. If you are aware of the types of credit cards, you can easily choose the best one for you.

The fuel prices are rising day by day and are becoming heavy on the pockets. Here is where fuel credit cards come as a relief. Such cards are specifically designed to cater to all your fuel needs. The best fuel credit cards will help you save more on your fuel purchases by offering accelerated reward points, cashback offers, co-branded benefits, and more. 

You can save more money if you choose the best fuel credit card that fits your daily life. So, save your fuel charges by applying for the best credit card today. Here are some of the credit card types for you to choose from. 

Best Fuel Credit Cards

IndianOil Citi Credit Card

IndianOil and Citibank collaborated to provide one of the best fuel credit cards – the IndianOil Citi credit card. You have to pay an annual fee of Rs. 1000 plus taxes to avail of this card. It is waived if you spend more than Rs. 30,000 in a year. A loyal IndianOil customer can earn up to four Turbo Points (TP) for every Rs. 150 spent at any IndianOil outlet to purchase fuel. 

On every purchase you make at supermarkets or grocery stores, you could earn 2 TP for each Rs. 150 spent. This is 1 TP for each Rs. 150 spent if you make any other purchases. 1 TP is equal to Rs. 1 worth of fuel. This credit card offers special dining discounts, travel discounts, and gift vouchers.

BPCL SBI Credit Card

One of the best credit cards offered by Bharat Petroleum in association with the State Bank of India – BPCL SBI credit card – offers a 1% fuel surcharge waiver on fuel purchases up to Rs. 4,000. The annual fee of this card is Rs. 499+ applicable GST. 2,000 reward points worth Rs. 500 as an activation bonus would be credited to your account after 20 days of joining. 

A credit card owner can earn up to 13X reward points for every Rs. 100 spent at any BPCL petrol pump to purchase fuel.  On every purchase, you make at departmental stores, groceries, and dining, you could earn 5X reward points for each Rs. 100 spent, which can be redeemed instantly against spending on fuel at BPCL outlets.

BPCL SBI Card Octane

BPCL SBI card Octane is a premium fuel card that offers fuel benefits and provides complimentary access to the 4 domestic airport lounges annually. You have to pay an annual fee of Rs. 1499 plus taxes to avail of this card. 6,000 bonus reward points worth Rs. 1,500 will be transferred to your account as a welcome gift once you use the card.

You could receive 25 reward points for every purchase of Rs. 100 on BPCL fuel and lubricants and 10 reward points for every Rs. 100 spent at departmental stores, dining, and grocery. It also offers a 6.25% +1% fuel surcharge waiver on fuel purchases up to Rs. 4,000 at any Bharat Petroleum outlet.

IndianOil HDFC Credit Card

HDFC Bank tied up with IndianOil to bring IndianOil HDFC Credit Card, a favorite for users from non-metro cities and towns of India. Rs. 500 should be paid as an annual fee, and it will be waived off if you register with smartpay within 90 days. This credit card offers a 1% fuel surcharge waiver for a minimum purchase of Rs. 100. 

You can earn 5% cashback in the form of Fuel Points or FP on fuel purchases at any IndianOil outlets. I FP is equal to Rs. 0.96. You could receive 1 FP for every Rs. 150 spent on fuel. You can also earn 5% of grocery spending and utility bill payments as  FP. Also, no interest charges for the first 50 days of availing of the card.

IndianOil Axis Bank Credit Card

Another collaboration of IndianOil with Axis Bank brought IndianOil Axis Bank Credit Card, specially designed for IndianOil loyalists. With an annual fee of Rs. 500 plus applicable GST, this card offers 100% cashback of up to Rs. 250 on the fuel transactions made within 30 days of the card issuance. Please note that this is a one-time offer.

Also, you can enjoy a 4% value back on the fuel purchases done using this fuel card. Whenever you spend Rs. 100 at an IndianOil outlet, you could earn 20 reward points, and for every Rs. 100 spent on online shopping, receive 5 reward points each. This credit card owner can access several other discount and cashback offers. 
So, don’t waste time, and apply for the best fuel credit card now and start saving!