HDFC FUEL CREDIT CARD - ATTRACTIVE REWARDS ON LOWER FUEL SPENDS || BILL PAYMENTS || GROCERY PURCHASES

IndianOil HDFC Bank Credit Card

IndianOil HDFC Bank Credit Card - Our Money Guide Our Rating 4.0
Top Reasons to Choose
✔︎
5.80% reward on IndianOil fuel, on purchases up to ₹3000 per month
✔︎
4.80% reward on groceries, on purchases up to ₹2000 per month
✔︎
4.80% reward on utility bills, on payments up to ₹2000 per month
Annual Fee

₹500

Minimum Income

Salaried : ₹12,000 per month || Self-employed : ₹6 lakhs per year

Annual Fee Offers
  • Renewal offer : Annual fee is waived from the 2nd year onwards , if you spend ₹50,000 or more in the previous year.

5.80% reward on IndianOil fuel

  • 4.80% reward: 5 fuel points worth ₹4.80, per ₹100 spent. Monthly limit: 150 fuel points, reached at ₹3,000 monthly (250 fuel points/ ₹5,000 monthly spend for first 6 months as a promotion)
  • 1% fuel surcharge waiver at all fuel stations, valid only on fuel transactions over ₹400. Monthly limit: ₹250, reached at ₹25,000 spend

4.80% reward on groceries

  • 5 fuel points worth ₹4.80, per ₹100 spent
  • Monthly limit: 100 fuel points, reached at ₹2000 monthly spend

4.80% reward on utility bills

  • 5 fuel points worth ₹4.80, per ₹100 spent
  • Monthly limit: 100 fuel points, reached at ₹2000 monthly spend

0.64% reward on other card purchases

  • 0.66 fuel points worth ₹0.64, per ₹100 spent
  • Important exclusions: No reward points on rent, government payments

Value of reward points (fuel points)

  • Value: 1 fuel point = ₹0.96
  • Redemption: Exclusively at IndianOil fuel outlets
View More

Benefits

  • Attractive reward rate of 5.80% on monthly fuel spends at IOCL outlets
  • Low annual spend requirement of ₹50,000 to get annual fee waiver
  • Attractive reward rate of 4.80% on grocery purchases and bill payments
  • 1% – 10% cashback on various card spends (on HDFC SmartBuy)

Drawbacks

  • Accelerated fuel rewards restricted to IndianOil fuel pumps
  • Not ideal for high fuel spenders since special fuel rewards are restricted to fuel spends of ₹3000 per month

To read the full review of the card , please click here
Load More

Conclusion

Indian Oil HDFC Credit Card is one of the best fuel credit cards in India for comparatively low fuel spenders. 

It is also a good card to earn high rewards on grocery purchases and utility bill payments, although these high rewards are available only for a small amount of monthly spending.

Consumers with higher monthly purchases should explore some of the best travel credit cards, and the best shopping credit cards to earn a higher reward on their non-fuel spending.

How Our Money Guide Works

  • Wide Range of Credit Cards: Our Money Guide brings together a wide range of credit cards from the industry. This helps you choose from a wider bucket and make informed decisions.
  • Quick & Easy Comparison: Our Money Guide makes it easy to compare credit cards on the most important parameters like fees, benefits, eligibility, and annual fee-related offers.
  • Expert Insights: Our Money Guide's team has deep experience in consumer finance. This helps you get honest reviews and trusted information on the most important decision-making parameters, helping you choose better.
  • Simplified Application Process: Our Money Guide website pages contain Apply Now buttons at relevant spots, which help you apply easily from the comfort of your home or office.

HDFC Bank Credit Cards - By Types

HDFC Bank Credit Cards - By Features

Credit Cards of Other Banks