Fuel cards are credit cards that provide rewards on every purchase of fuel. This card helps regular fuel buyers to save on their fuel costs in the long run. Apart from fuel-related rewards, these cards also offer other benefits to their users which includes UPI payment. Some common benefits fuel cards provide are cashback, surcharge waivers, and dining & movie ticket offers. The following are the best RuPay credit cards for Fuel Rewards.
Credit Card | Joining Fees | Lifetime Free | Annual Fee Waiver Amount | Welcome Benefits | Cashback Features | Rewards | Other Features | Link for more information on website |
IDFC First Power RuPay Select Credit Card | Rs 199 | No | Yes if spends exceed Rs 50,000 per annum | Benefit worth Rs 1,400 | Rs 250 cashback on 1st HPCL fuel transaction
5% cashback on first EMI conversion |
5% savings on fuel expenses
2.5% savings on grocery and utility expenses 2x rewards on retail transactions |
Save up to Rs 7,000 per annum on fuel costs | https://www.idfcfirstbank.com/credit-card/hpcl-power-fuel-credit-card |
Indian Oil HDFC Bank Credit Card | Rs 500 | No | Only in the first year | Gift voucher worth Rs 1,500 for transacting Rs 500 in first 14 days. | 5% on fuel spent at Indian Oil outlets
5% off on grocery spends and utility bill payments |
Earn 1 fuel point for every Rs 150 spent
1% fuel surcharge waiver |
Get 50 liters of free fuel per annum.
Low and nominal interest rate in revolving credit. |
https://v.hdfcbank.com/credit-cards/cc_iocl.html |
Axis IOCL RuPay Credit Card | Rs 500 | No | Yes, if spends exceed Rs 50,000 per annum | 100% cashback on fuel spent within 30 days (up to Rs 250) | NA | 20 reward point for every Rs 100 spent on fuel at IOCL outlets | 1% fuel surcharge waiver | https://www.axisbank.com/retail/cards/credit-card/indianoil-axis-bank-credit-card/fees-and-charges#menuTab |
HPCL RuPay Credit Card | Rs 499 | No | Yes, if spends exceed Rs 50,000 per annum | 2000 joining rewards if spending exceeds Rs 5,000 in the first 60 days | 5% savings on fuel purchased at HPCL outlets | 10 reward points for every Rs 150 spent on utility and grocery
2 reward points for every Rs 150 spent on other categories |
1% fuel surcharge waiver
Complementary airport lounge access |
https://www.bobfinancial.com/hpcl.jsp |
ICICI Bank HPCL Super Saver RuPay Credit Card | Rs 500 | No | Yes, if spends exceed Rs 1,50,000 per annum | 2,000 reward points upon payment through HP Pay App | 1.5% cashback on fuel purchases through HP Pay app at HPCL outlets | 5% reward points on utility and grocery
25% discount on movie tickets |
1% fuel surcharge waiver
Complementary airport lounge access Personal accident cover 24*7 concierge services |
https://www.icicibank.com/personal-banking/cards/credit-card/hpcl-super-saver |
IDFC First Power Plus RuPay Select Credit Card | Rs 499 | No | Yes if spends exceed Rs 1,50,000 per annum | Benefits worth Rs 1,650 | Rs 500 cashback on 1st HPCL fuel transaction
5% cashback on first EMI conversion |
6.5% savings on fuel expenses
5% savings on grocery and utility expenses 3x rewards on retail transaction |
Save up tocosts on 175 liters
Roadside assitence 1% fuel surcharge waiver |
https://www.idfcfirstbank.com/finfirst-blogs/credit-card/benefits-of-first-power-and-first-power-plus |
Kotak IOCL RuPay Credit Card | Rs 499 | No | Yes, if spends exceed Rs 50,000 per annum | 1000 reward points for spending Rs 500 within 30 days | 5% on fuel spends at Indian Oil outlets | 2% reward points on grocery and dining spends
0.5% reward points on other spends |
1% fuel surcharge waiver
Personal accident insurance |
https://www.kotak.com/en/personal-banking/cards/credit-cards/indian-oil-credit-card/features.html |
Uni Carbon Credit Card | Rs 499 | No | Yes, if spends exceed Rs 100,000 per annum | Rs 300 cashback for purchasing Rs 300 worth fuel at HPCL outlet | 1.5% cashback on fuel purchases through HP Pay app at HPCL outlets | 16 reward points on fuel spends above Rs 500
2 reward points on Rs 100 spent on no-fuel transactions |
1% fuel surcharge waiver
Milestone reward points |
https://www.unionbankofindia.co.in/english/uni-carbon-card.aspx |
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IDFC First Power RuPay Select Credit Card is a fuel card that was launched in collaboration with HPCL. It is a slightly lower variant of the IDFC First Power Plus RuPay Select Credit Card and has the following benefits.
The Indian Oil HDFC Bank Credit Card is a fuel card and has the following benefits.
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Axis Indian Oil RuPay Credit Card is one of the best fuel cards available in the market. It offers the following benefits to the users.
Bank of Baroda offers HPCL RuPay Credit Card in partnership with Hindustan Petroleum Corporation. Following are the benefits of the card.
ICICI Bank HPCL Super Saver RuPay Credit Card offers the following benefits.
IDFC First Power Plus RuPay Select Credit Card was launched in collaboration with HPCL and has the following benefits.
The Kotak Indian Oil RuPay Credit Card has the following benefits.
Uni Carbon Credit Card was launched by Union Bank in collaboration with HPCL, and the following are its benefits.
Fuel credit cards offer a range of benefits that lower your fuel expenses. With a combination of cashback, reward points, fuel surcharge waivers, and vouchers, they can reduce your total fuel costs and also offer discounts on non-fuel spending.
Yes, it is definitely a good idea to use a credit card for fuel. Banks offer fuel credit cards, which will bring down the total fuel costs and increase your savings. Additionally, these cards also give you reward points and vouchers, which come in handy during your shopping sprees.
Fuel cards do not offer lifetime free benefits. However, they waive the annual fee if you spend a minimum amount during a calendar year.
The fuel surcharge is the excess charges levied by credit card companies on the purchase of fuel. When a credit card allows a fuel surcharge waiver, it absorbs the additional costs of fuel purchases, which will reduce your overall fuel expenses.