Best RuPay Fuel Credit Card in India September 2024

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 of fuel credit cards provide are cashback, surcharge waivers, and dining & movie ticket offers. The following are the best RuPay credit cards for Fuel Rewards.

Best RuPay Fuel Credit Cards in India

Updated : 25th December 2023

 

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1. IDFC First Power RuPay Select Credit Card

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.

• Get up to 65 litres of free fuel annually.
• Joining rewards: Rs 250 cashback on 1st HPCL fuel purchase and other welcome benefits worth Rs 1,650.
• Up to 5% savings on fuel spending.
• 2.5% savings on grocery, utility, and IDFC FASTag recharge.
• 3x rewards on other retail spend.
• Roadside assistance and insurance cover
• Never expiring rewards
• Low interest rates starting from 9%.
• 0% interest on ATM cash withdrawals until the due date.
• Annual fee waiver of Rs 199 if annual spending exceeds Rs 50 thousand.

2. Indian Oil HDFC Bank Credit Card

The Indian Oil HDFC Bank Credit Card is a fuel card and has the following benefits.

• Get 5% off on fuel spent at India Oil retail outlets as Fuel Points.
• Earn 5% of your grocery spending and utility bill payments as fuel points.
• Earn one fuel point for every Rs 150 spent.
• 1% waiver on surcharge when you purchase fuel, provided you spend a minimum of Rs 400 on every transaction.
• Gift voucher worth Rs 1,500 for transacting Rs 500 in the first 14 days.
• Redeem fuel points to get free fuel at Indian Oil outlets.
• If you lose your credit card, report it immediately, and you have zero liability for fraudulent transactions done through your credit card.
• The low and nominal interest rate in revolving credit.
• Two years validity of fuel points.
• Get 50 litres of free fuel per annum.

You might also be interested in reading about:

• Best RuPay Credit Card in India
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• Best RuPay Credit Card for Travel
• Best Lifetime Free RuPay Credit Cards in India
• How To Link Credit Cards To UPI?

3. Axis IOCL RuPay Credit Card

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.

• 100% cash back (up to Rs 250) on all fuel spent within 30 days of card issuance.
• Twenty reward points for every Rs 100 fuel purchase at Indian Oil outlets.
• Five reward points for every Rs 100 spent on online shopping, provided the minimum transaction size is Rs 100.
• One reward point for every Rs 100 spent on all other credit card spends with a maximum eligible spend limit of Rs 5,000 per month.
• A 1% fuel surcharge waiver for fuel costs between Rs 200 to Rs 5,000.
• If annual spending is more than Rs 50,000 per year, the annual fee is waived.
• 10% instant discount on movie tickets booked on the BookMyShow website.
• 15% discount on partner restaurants via EazyDiner.

4. HPCL RuPay Credit Card

Bank of Baroda offers HPCL RuPay Credit Card in partnership with Hindustan Petroleum Corporation. Following are the benefits of the card.

• The joining and annual fee is Rs 499 plus GST.
• Up to 5% savings (4% savings and 1% fuel surcharge waiver) on fuel purchases at HPCL outlets, LPG purchases, and payments made through HP Pay App.
• Two thousand bonus reward points for spends of Rs 5,000 within 60 days of issuance.
• Ten reward points for every Rs 150 spent on utility, grocery, and departmental stores and two reward points for every Rs 150 spent on other categories.
• Four complimentary airport lounge access per year at partner domestic lounges.
• Get 25% off (up to Rs 100) on two movie ticket purchases per transaction at Paytm Movies.
• Annual fee reversal on spending Rs 50,000 every year.

5. ICICI Bank HPCL Super Saver RuPay Credit Card

ICICI Bank HPCL Super Saver RuPay Credit Card offers the following benefits.

• The joining fee and annual fees each are Rs 500 plus GST.
• Joining benefits of 2000 ICICI Bank reward points and Rs 100 cashback on the first transaction done through the HP Pay App.
• 4% cashback and 1% fuel surcharge savings on fuel purchases at HPCL retail outlets.
• 1.5% loyalty points in the HP Pay App on fuel.
• 5% as reward points for spending on utilities and departmental store purchases.
• Earn two reward points for every Rs 100 spent on all other retail purchases except for fuel.
• Complimentary roadside assistance.
• One airport lounge access per quarter.
• 25% off (up to Rs 100) on BookMyShow and inox movies twice a month.
• Personal accident insurance
• 24*7 concierge services

6. IDFC First Power Plus RuPay Select Credit Card

IDFC First Power Plus RuPay Select Credit Card was launched in collaboration with HPCL and has the following benefits.

• Get up to 175 litres of free fuel annually.
• Joining rewards: Rs 500 cashback on 1st HPCL fuel purchase and other welcome benefits worth Rs 1,650.
• Up to 6.5% savings on fuel spending.
• 5% savings on grocery, utility, and IDFC FASTag recharge.
• 3x rewards on other retail spend.
• Never expiring rewards
• Airport lounge access, movie discounts, and roadside assistance.
• Low interest rates starting from 9%.
• 0% interest on ATM cash withdrawals until the due date.
• Annual fee waiver of Rs 499 if annual spending exceeds Rs 1.5 lakhs.

7. Kotak IOCL RuPay Credit Card

The Kotak Indian Oil RuPay Credit Card has the following benefits.

• 5% savings on fuel spending.
• 2% back as reward points on grocery and dining spending.
• One thousand reward points as a welcome benefit on spending Rs 500 within 30 days of card issuance.
• Annual fee waiver if annual spending exceeds Rs 50,000.

8. Uni Carbon Credit Card

Uni Carbon Credit Card was launched by Union Bank in collaboration with HPCL, and the following are its benefits.

• 4% cashback at HPCL outlets.
• 1% fuel surcharge wavier
• Rs 300 welcome bonus.
• 1.5% reward on HP Pay wallet.
• Personal accident insurance and permanent disability cover up to Rs 10 lakhs.
• Contactless transit on metros and buses.

Frequently Asked Questions 

What are the benefits of a fuel credit card?

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. 

Is it good to use a credit card for fuel?

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. 

Are fuel credit cards lifetime free?

Fuel cards do not offer lifetime free benefits. However, they waive the annual fee if you spend a minimum amount during a calendar year. 

What is a fuel surcharge waiver on credit cards?

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.