Increasing fuel prices can cause a hole in your pocket. There are credit cards specifically designed to cater to fuel needs so that you can earn cashback and reward points every time you make fuel payments. If you indulge a lot in long drives and travel, you can save a lot on fuel expenses by paying attention to these credit cards specifically designed for fuel needs and comparing before to know which the best fuel credit card are.
So here’s the list that enlists the best of fuel credit cards in India:
BPCL SBI Card Octane
Features of the Card:
Joining/Annual fees: The Card charges one-time joining fees of Rs. 1499 and renewal fees of Rs. 1499 per annum.
Welcome benefits: You get 6000 bonus reward points equivalent to INR 1500 on payment of annual fees. The reward points can be credited to your account within 30 days of the annual fee payment.
Fuel related waiver benefit: On transactions up to Rs. 4,000, you are charged a 1% fuel surcharge less across all BPCL petrol pumps in India, exclusive of GST and other charges.
You can enjoy 7.25% Value back or 25X Reward Points on fuel purchases at BPCL petrol pumps. And a maximum of 2500 Reward Points per billing cycle. You can enjoy a 6.25% + 1% Fuel surcharge waiver on every BPCL transaction up to ₹ 4000 (exclusive of GST and other charges).
You get a fuel surcharge waiver of Rs. 100 per statement cycle per credit card account, which is equivalent to an Annual Savings of Rs.1200.
You also get other reward benefits, lounge access benefits and milestone privileges.
IndianOil Citibank Platinum Credit Card
Features of the Card:
Welcome benefits: You can earn a cashback of Rs. 250 on all fuel transactions performed on the Card within 30 days of the card issuance.
Joining/Annual fees: The card charges joining fees of Rs.500 and annual fees of Rs. 500 charged from the second year onwards (waived on the spending of INR 50,000 in a year).
Fuel waiver benefits: You get a fuel surcharge waiver of 1% on transacting on any INDIAN FUEL OUTLET between Rs.200 and Rs.5000 to avail the offer.
You can enjoy a 4% value back on fuel transactions between Rs.100 to Rs.5000 by earning 20 reward points per Rs.100 spent at IOCL outlets.
Other benefits: You get a 1% value back on online shopping by earning 5 reward points per Rs.100 spent.
You can get an annual fee waiver on spending more than Rs.50000 in a year.
You get a 10% discount on movie tickets booked via book my show.
Citibank Indian Oil Credit Card (Platinum)
Features of the Card:
Welcome offer: You get 250 Turbo Points on your first spend within 30 days of card issuance.
Joining/Annual fees: the Card does not charge a joining fee. An annual card fee of INR 1000 + GST may be levied on the Card at the end of the membership year. You shall be exempted from the said annual card fees of the year if you spend INR 30,000 or more on your Card.
Fuel waiver benefits: You can earn 4 turbo points/Rs.150 spent and 1% fuel surcharge reversal on fuel purchase from the IOCL outlet. (1 turbo point equals Rs.1 of free fuel)
Other benefits:
You can Earn 2 Turbo Points for every Rs.150 spent on groceries and supermarkets.
Apart from this, you also get other Shopping & Lifestyle Offers, Home & Utility Offers, Dining & Groceries and offers on Travel & Luxury.
ICICI Bank HPCL Super Saver Credit Card
Features of the card:
Welcome benefit: You get a joining benefit of 2000 points on activation and fee payment and Rs.100 cashback on the HP pay app.
Joining/Annual fee: The Card charges one-time joining fees of Rs.500 and annual fees of Rs.500 (can be waived on the spending of Rs 1 50,000 per year).
Fuel waiver benefits: You get 5% cashback on all fuel spent at HPCL outlets and an additional 1.5% back in reward points on all fuel purchases through the HP pay app.
Other benefits:
There is access to domestic airport lounges and exclusive dining offers through the ICICI bank culinary treats programme.
You get 5% on reward points back on all retail purchases.
You get a 25% discount on movie ticket booking from the book my show twice a month up to Rs.100 per transaction.
HDFC Bharat credit card
Features of the card:
Joining/Annual fee: Rs. 500/- Plus Applicable Taxes.
Fuel waiver benefits: You can enjoy savings with 5% monthly cashback on Fuel expenses.
You get a 1% surcharge waiver and save up to Rs. 250 in every billing cycle (Min transaction of Rs. 400).
Other benefits
You can enjoy savings with 5% monthly cashback on Groceries and 5% monthly cashback when you book tickets through IRCTC.
Conclusion
After reading this blog, you know all the fees and charges related to fuel credit cards and their benefits. Before choosing a credit card, you must keep in mind all the expenses, fuel waivers, and other Best credit cards offers offered by the Card.