Tired of rising fuel costs burning a hole in your pocket? The right fuel credit card can help you save on every refill. That’s why we’ve handpicked the 5 Best Fuel Credit Cards in India to help you cut costs at fuel pumps. Plus, when you apply via GoPaisa, you can earn up to ₹1500 in additional rewards!
What is a Fuel Credit Card?
A fuel credit card is a specialized type of credit card designed to help frequent commuters and long-distance travelers save on their fuel expenses. If you own a car or a bike and regularly spend on petrol or diesel, a fuel credit card can offer significant benefits. These include fuel surcharge waivers, cashback on fuel purchases, and reward points that can be redeemed for fuel discounts, shopping vouchers, or gift coupons.
Fuel credit cards are particularly useful for those who drive daily or take frequent road trips, as they provide value-back on every fuel transaction at select fuel stations such as IndianOil, HPCL, or BPCL. Many of these cards also offer additional perks like dining discounts, cashback on grocery purchases, and complimentary lounge access, making them a valuable financial tool for everyday use.
Top 5 Best Fuel Credit Cards List
The best fuel credit cards not only help you save on every fuel purchase at petrol pumps but also come with valuable additional perks. Let’s check out the top fuel credit card options in India to help you choose the perfect one for maximum savings. Additionally, with GoPaisa, you can earn upto ₹1500 bonus GP Rewards on when you apply a fuel credit card through us!
1 – IndianOil RBL Bank XTRA Credit Card
Topping our list of the 5 best fuel credit cards in India is the RBL Bank Co-branded Indian Oil XTRA Credit Card. This card stands out for several reasons, including its offer of up to 250 litres of free petrol annually. Ideal for frequent commuters, the IndianOil RBL Bank XTRA Credit Card is a great way to optimize savings at IndianOil fuel stations.
Fees & Waivers
- Joining Fees – ₹1500 + GST
- Annual Fees – ₹1500 + GST
- Annual Fee Waiver – On spending ₹2.75 Lakh in a calendar year
Fuel Savings
- Up to 8.5% value-back as reward points and fuel surcharge waiver
Key Benefits
- Earn 3,000 Fuel Points on your first transaction of over ₹500 within 30 days of receiving the credit card.
- Get 7.5% rewards as fuel points on every ₹100 spent at IOCL fuel stations.
- 1% fuel surcharge waiver on fuel spends between ₹500 and ₹4,000.
- 15 Fuel Points per ₹100 spent at IndianOil fuel stations (capped at 2,000 points per month).
- 2 Fuel Points per ₹100 on all other purchases.
- 1,000 bonus Fuel Points when you reach a quarterly spend milestone of ₹75,000.
Reward Points Redemption Value
- 1 Fuel Point = ₹0.5 on IOCL stations
- 1 XTRAREWARDS Point (XRP) = ₹0.30
- 3 Fuel Points = 5 XRPs
- 1 Fuel Point = ₹0.1 on RBL bank rewards portal
The IndianOil RBL Bank XTRA Credit Card is designed to offer an impressive 8.5% value-back on fuel purchases, making it one of the best fuel credit cards in India, especially for loyal IOCL customers. With the potential to earn up to 250 liters of free fuel annually by spending around ₹45,000 each month, this card delivers 1.5% more value than the BPCL SBI Octane Credit Card.
While tailored specifically to optimize fuel savings, the IndianOil RBL Bank XTRA credit card doesn’t include perks like lounge access, dining discounts, or shopping cashback, which are available with other fuel cards like the BPCL SBI Octane or IDFC FIRST Power Plus. Despite this, it remains an excellent choice for daily commuters and frequent travelers looking to maximize their fuel savings.
Apply Here & Earn ₹850 GoPaisa Rewards
2 – IndianOil Axis Bank Credit Card
The IndianOil Axis Bank Credit Card is another top choice for optimizing fuel expenses in India. This card offers up to 5% savings on fuel purchases at IOCL fuel outlets, along with additional perks such as lounge access and dining discounts, making it an excellent option for those looking to maximize fuel savings while earning rewards on everyday spending.
Fees & Waivers
- Joining Fee – ₹500 + GST
- Annual Fee – ₹500 + GST
- Annual Fee Waiver – On spending ₹3.5 Lakh in a financial year
Fuel Savings
- Up to 5% savings on fuel purchase at IndianOil outlets
Key Benefits
- 100% value-back up to ₹250 on your first fuel purchase within 30 days of activating the card.
- 4% value-back on fuel purchases at IOCL fuel outlets in India, offering 20 EDGE reward points per ₹100 spent on purchases between ₹400 and ₹4,000. Monthly spending is capped at ₹5,000 (1,000 reward points per month).
- 1% value-back on online shopping with 5 EDGE reward points per ₹100 spent, on purchases between ₹100 and ₹5,000. This is also capped at ₹5,000 (250 reward points per month).
- 1 EDGE reward point on every ₹100 spent on other purchases.
- 1 EDGE reward point = ₹0.20 for easy redemption.
- 1% fuel surcharge waiver at IOCL fuel stations for transactions between ₹400 and ₹4,000, with a maximum waiver of ₹50 per statement cycle.
- 2 free domestic lounge accesses per quarter, adding extra convenience for frequent travelers.
- Instant 10% discount on movie ticket bookings via BookMyShow.
The IndianOil RBL Bank EDGE Credit Card is a co-branded fuel credit card that offers maximum savings at IndianOil fuel stations across India. Designed for frequent fuel spenders, this card provides up to 5% value-back through reward points and fuel surcharge waivers. Cardholders also enjoy a wide range of additional benefits, including shopping rewards, airport lounge access, dining discounts, and movie ticket offers. While accelerated reward earnings are capped at ₹5,000 per month, the card adds significant value with extra perks tailored for both everyday expenses and special occasions.
Apply Now & Earn ₹1,500 GoPaisa Rewards
Suggested Read: Best Co-Branded Credit Cards in India
3 – IndianOil HDFC Bank Credit Card
The IndianOil HDFC Bank Credit Card is one of the best co-branded fuel credit cards in India, designed to help you maximize savings on fuel purchases at IndianOil (IOCL) outlets. With this card, you can earn rewards equivalent to up to 50 litres of free fuel every year, making it a valuable choice for frequent commuters and fuel spenders.
Fees & Waivers
- Joining Fee – ₹500 + GST
- Annual Fee – ₹500 + GST
- Annual Fee Waiver – Renewal membership fee waived off on spending ₹50,000 in a previous calendar year.
Fuel Savings
- Up to 6% savings on IndianOil fuel spends
Key Benefits
- Earn up to 50 liters of fuel annually through reward points
- Enjoy a free membership to the IndianOil XTRAREWARDS Program (IXRP)
- Get 5% of your fuel spends as Fuel Points at IndianOil outlets (capped at 250 Fuel Points per month in first 6 months, then 150 Fuel Points post 6 months from card issuance)
- 5% rewards as Fuel Points on grocery shopping and bill payments (capped at 100 Fuel Points/month per category).
- 1 Fuel Point for every ₹150 spent on all other purchases, including UPI transactions.
- 1% fuel surcharge waiver on all fuel transactions above ₹400, with a maximum waiver of ₹250 per billing cycle.
Fuel Point Redemption Value
- ₹0.96 per Fuel Point when redeemed at IndianOil fuel stations
- ₹0.20 per Fuel Point when redeemed for catalog items or card cashback
Eligibility Criteria
- Age Limit: Applicant must be between 21 and 60 years old
- Residency: Must be a resident of India
- Income Requirements:
- For salaried individuals: Minimum monthly income of ₹12,000
- For self-employed individuals: Minimum annual income of ₹6 lakh (as per latest ITR filings)
The IndianOil HDFC Bank Credit Card is one of the best fuel credit cards in India, ideal for daily commuters and frequent travelers looking to maximize savings on every fuel purchase. You can earn up to 5% value-back as Fuel Points on fuel spends at IndianOil (IOCL) outlets, along with bonus Fuel Points on everyday expenses like grocery shopping, and utility bill payments. The card also comes with a complimentary membership to the IndianOil XTRAREWARDS Program (IXRP), where you can redeem Fuel Points at an excellent rate of ₹0.96 per point at IOCL fuel stations.
Apply Today & Earn ₹1,200 GoPaisa Rewards
4 – HPCL IDFC FIRST Power+ Credit Card
The HPCL IDFC FIRST Power+ Credit Card is one of the best fuel credit cards in India, offering exceptional savings on fuel purchases at HPCL fuel stations. Ideal for frequent commuters and fuel spenders, this card provides annual savings of up to ₹18,500, which is equivalent to approximately 175 litres of free fuel. In addition to fuel benefits, the card also delivers great value through rewards on shopping, travel bookings, and entertainment, making it a well-rounded choice among top fuel credit cards in India.
Fees & Waivers
- Joining Fee – ₹499 + GST
- Annual Fee – ₹499 + GST
- Annual Fee Waiver – On spending ₹1.75 Lakh in a previous calendar year.
Fuel Savings
- Up to 6.5% savings on fuel spend
Key Benefits
- Save up to ₹18,500 annually, equivalent to around 175 litres of free fuel every year.
- Welcome benefits worth ₹2,500 on activation.
- Earn 5% back as 30 Reward Points per ₹150 spent on HPCL fuel & LPG purchases.
- Extra 6 Happy Coins per ₹100 spent via the HP Pay app (1.5% additional savings).
- Up to 8.83% savings on flight and hotel bookings through the IDFC FIRST Bank Mobile App.
- 5% savings as Reward Points on IDFC FIRST FASTag recharges.
- 3X Reward Points on UPI transactions and retail spending.
- ₹500 cashback on your first HPCL fuel transaction of ₹500 or more within 30 days of card activation.
- 5% cashback (up to ₹1,000) on your first EMI transaction.
- 1 Complimentary Domestic Lounge Access per quarter (on minimum monthly spends of ₹20,000).
- 25% discount on movie tickets, up to ₹100 once per month.
- Complimentary Roadside Assistance worth ₹1,399 annually.
- Personal Accident Cover of ₹2,00,000 and Lost Card Liability Cover of ₹25,000.
- Up to 10,000 Reward Points (2,000 per successful referral) with the Refer & Earn program
The HPCL IDFC FIRST Power+ Credit Card offers up to 6.5% savings on fuel spends at HPCL fuel outlets, making it one of the best fuel credit cards in India for maximizing savings on fuel. Unlike many other cards in this category, it comes with lucrative welcome benefits worth ₹2,500 on activation. This is an exclusive feature not available with most competing fuel credit cards. While it does not include a fuel surcharge waiver, the card compensates with high reward point accumulation, helping you earn significantly high on fuel transaction.
Beyond fuel savings, this card provides a wide range of additional benefits, including rewards on shopping, free domestic lounge access, movie ticket discounts, complimentary roadside assistance, personal accident cover, and EMI conversion benefits. These features make the HPCL IDFC FIRST Power+ Credit Card a smart and versatile option for both everyday and lifestyle spending.
Apply Now & Earn ₹1,100 GoPaisa Rewards
Suggested Read: Best RuPay Credit Cards to Apply Online in 2025
5 – Indian Oil Kotak Credit Card
The IndianOil Kotak Credit Card is another top co-branded fuel credit card in India, designed to offer seamless savings on fuel purchases at IndianOil (IOCL) fuel outlets. Cardholders can enjoy up to 5% savings on fuel, combining reward points and a 1% fuel surcharge waiver, making it a valuable choice for frequent drivers and daily commuters.
Fees & Waivers
- Joining Fee – ₹499 + GST
- Annual Fee – ₹449 + GST
- Annual Fee Waiver – Waived on spending ₹5,000 or more in the previous yea
Fuel Savings
- Up to 5% savings on fuel at IndianOil fuel stations (4% rewards points + 1% fuel surcharge waiver).
Key Benefits
- Get 1000 reward points on a transaction of ₹500 within 30 days of credit card approval.
- Save up to 5% on fuel transactions at Indian Oil fuel stations
- Earn 2% rewards points on Dining & Groceries
- Get 0.5% reward points on all other spending, including UPI transactions.
- 1% fuel surcharge waiver on transactions between ₹100 to ₹5000 (capped at max. ₹100 per statement cycle).
- Personal accident insurance cover of ₹2 Lakh.
Reward Points
- 24 reward points per ₹150 spent on fuel (capped at 1200 reward points per cycle)
- 12 reward points per ₹150 on dining and grocery spends (capped at 800 reward points per cycle)
- 3 reward points per ₹150
- 0.5% reward points per ₹150 on UPI transactions via credit card.
- 1 RP redemption value = ₹0.25
Eligibility Criteria
- Age Requirement: Applicant must be between 18 and 60 years old
- Residency: Applicant must be a resident of India
The IndianOil Kotak Credit Card is a smart option for individuals looking to maximize fuel savings at IndianOil (IOCL) fuel stations. Cardholders can enjoy up to 5% savings on fuel transactions, combining reward points and a 1% fuel surcharge waiver on spends.
Much like other top fuel credit cards, the IndianOil Kotak Card also offers accelerated rewards on everyday categories such as grocery and dining, allowing users to earn up to 2% cashback on these spends. All other purchases, including UPI transactions, earn 0.5% in rewards.
However, the fuel rewards are capped at 1,200 points per month, effectively covering fuel expenses of up to ₹7,500 per month at IOCL outlets. This card ensures consistent savings for regular fuel users.
Beyond rewards, this co-branded fuel credit card from Kotak Mahindra Bank enhances your lifestyle with premium concierge services.
Apply for Indian oil Kotak Credit Card Here
Why Choose Fuel Credit Cards in India?
Choosing the best fuel credit card in India can help you earn significant savings through benefits like fuel surcharge waivers, accelerated reward points, cashback, and even free fuel. Here are the top advantages of using a fuel credit card in India.
Partner Offers: Most bank credit cards in India have partnered with fuel companies (like IndianOil, BPCL, and HPCL) to offer exclusive rewards at their respective fuel stations. With the best fuel credit cards in India, you can maximize your savings when refueling your vehicles.
Fuel Surcharge Waivers: Fuel credit cards in India offer higher fuel surcharge waivers, typically 1% to 2.5%, compared to regular credit cards, making them ideal for frequent drivers. A fuel surcharge is an extra fee added at petrol pumps. With a fuel credit card, you can save this amount on every fuel transaction at select fuel stations.
Cashback and Reward Points: Fuel credit cards often provide cashback or cashback or reward points on fuel purchases, further reducing the cost.
Redeem Points For Free Fuel: Every time you refuel using a fuel credit card, you earn reward points that can be redeemed for free fuel or discounts at partnered petrol stations. This makes it easy to turn regular fuel expenses into real savings.
Ready to Save Big on Fuel?
Now that you’re well-informed about how the best fuel credit cards in India can help you save on fuel expenses, it’s time to take the next step. Along with fuel surcharge waivers and free fuel rewards, these cards also offer cashback, shopping and dining discounts, and more, making them a great choice for frequent travelers.
Ready to apply? Choose your preferred fuel credit card from the list above and apply via GoPaisa, India’s Best Cashback Website, to earn exclusive GP rewards on top of the regular card benefits. Start saving more on every fuel purchase today!
