Annual Fee
₹500
Rewards/₹100 ⓘ
₹0.64 - ₹7.30
Interest Rate
41.88%
Credit Score
700+
Key Benefits
5% Fuel Points, 1% surcharge waiver, free IXRP membership
Lounge Access
No lounge access available
Eligibility
Min Rs. 12,000/month income, age 21-60, CIBIL 700+
The IndianOil HDFC Bank Credit Card is a solid entry-level fuel card for regular IndianOil customers. With 5% Fuel Points on fuel, groceries, and bill payments, plus an excellent redemption rate of Rs. 0.96 per point via XTRAREWARDS, it offers meaningful savings on everyday expenses. However, the low monthly caps and complex redemption process limit its appeal. Best used as a secondary card alongside a broader rewards card.
Best For
Regular IndianOil fuel station users who also spend on groceries and utility bills. Best suited for individuals looking for a low-fee fuel credit card with UPI support via RuPay network.
Not Ideal For
Those seeking travel, dining, or shopping rewards. Not ideal for users who fuel at non-IndianOil stations, need high reward caps, or want lounge access and premium benefits.
All Spends
Fuel
Grocery
Utility Bills
Online
Travel
Shopping
SmartBuy Select Merchants (IGP, Jockey, Pharmeasy)
Redeem your points for cashback, travel, and more
IndianOil XTRAREWARDS Program (IXRP) - Free Fuel
1 Fuel Point = 3 XRP = Rs. 0.96. Redeem at participating IndianOil outlets. Minimum 500 FP for conversion.
Statement Credit
CashBack redemption against statement balance at 1 FP = Rs. 0.20. Capped at 50,000 points per month.
HDFC Rewards Catalogue
Redeem Fuel Points through NetBanking towards catalogue products at 1 FP = Rs. 0.20
Rs. 250 worth of voucher upon card activation and completion of at least one transaction within 37 days from card issuance date
value
Complimentary IndianOil XTRAREWARDS Program (IXRP) membership for fuel point redemption at IndianOil outlets
value
Enhanced fuel points cap of 250 FP/month on IndianOil outlets for the first 6 months (vs 150 FP/month thereafter)
value
Annual/renewal fee of Rs. 500 waived on annual spends of Rs. 50,000 or above
Spend ₹50,000 within 365 days
value
Rs. 1,000 CashBack on shopping via PayZapp app across 200+ brands when card is linked
value
See how this card performs in different spending categories compared to other cards.
The IndianOil HDFC Bank Credit Card is a co-branded fuel credit card launched in partnership between HDFC Bank and Indian Oil Corporation Limited. Designed for individuals who frequently use their own vehicles, this card offers an exclusive Fuel Points reward system that helps cardholders save on fuel purchases at IndianOil outlets across India.
With an affordable annual fee of Rs. 500 (waivable on Rs. 50,000 annual spend) and accelerated 5% Fuel Points on fuel, groceries, and bill payments, this card can help you earn up to 50 litres of free fuel annually. The card is available on the RuPay network, enabling UPI-linked credit card payments for added convenience.
The IndianOil HDFC Bank Credit Card is an entry-level fuel credit card that rewards you with Fuel Points on everyday purchases. Here are the key highlights:
The card offers an exclusive Fuel Points system with accelerated earning on key categories:
Enjoy a 1% fuel surcharge waiver at all petrol pumps across India (not limited to IndianOil). The minimum transaction amount is Rs. 400, with a maximum waiver of Rs. 250 per billing cycle.
Get automatic and free membership to the IndianOil XTRAREWARDS Program (IXRP). Convert Fuel Points to XTRAREWARDS Points at 1 FP = 3 XRP (1 XRP = Rs. 0.32), giving you a redemption value of Rs. 0.96 per Fuel Point when used for free fuel at participating IndianOil outlets.
Convert large purchases into easy EMIs with flexible tenure of 6 to 24 months. Note: EMI option is not available for gold and jewellery-linked transactions.
Link your card on PayZapp to earn additional cashback on utility bills, mobile recharges, and Rs. 1,000 cashback on shopping across 200+ brands.
Access the HDFC SmartBuy platform for up to Rs. 1,000 cashback per calendar month on flights, hotels, IRCTC bookings, and select merchant purchases.
The IndianOil HDFC Bank Credit Card does not offer complimentary airport lounge access. This is an entry-level fuel credit card focused on fuel savings and everyday spending rewards. For lounge access benefits, consider upgrading to premium HDFC Bank credit cards like the Regalia or Infinia.
The IndianOil HDFC Bank Credit Card uses an exclusive Fuel Points system instead of traditional reward points:
| Spend Category | Fuel Points Rate | Monthly Cap |
|---|---|---|
| IndianOil Fuel Outlets | 5% (5 FP per Rs. 100) | 250 FP (first 6 months) / 150 FP (thereafter) |
| Groceries | 5% (5 FP per Rs. 100) | 100 FP |
| Bill Payments & Utilities | 5% (5 FP per Rs. 100) | 100 FP |
| All Other Spends | 1 FP per Rs. 150 | No cap |
| UPI Payments | 1 FP per Rs. 150 | No cap |
| Redemption Method | Value per Fuel Point | Recommended |
|---|---|---|
| IndianOil XTRAREWARDS (Free Fuel) | Rs. 0.96 | Best value |
| Product Catalogue (via NetBanking) | Rs. 0.20 | Low value |
| Statement Credit (Cashback) | Rs. 0.20 | Low value |
No Fuel Points are earned on: wallet loading, government payments, EMI transactions, rental payments, gold/jewellery purchases, returned purchases, and disputed/fraudulent transactions.
Fuel Points are valid for 2 years from the date of credit. Redemption to cashback and travel categories is capped at 50,000 points per month per customer.
| Fee Type | Amount |
|---|---|
| Joining Fee | Rs. 500 + 18% GST (Rs. 590) |
| Annual Renewal Fee | Rs. 500 + 18% GST (Rs. 590) |
| Renewal Fee Waiver | On annual spend of Rs. 50,000+ |
| Interest Rate (Monthly) | 3.49% per month (41.88% per annum) |
| Interest-Free Period | Up to 50 days |
| Cash Advance Fee | 2.5% of amount or Rs. 500 (whichever is higher) |
| Late Payment Fee | Up to Rs. 1,100 |
| Over-Limit Fee | 2.5% of over-limit amount (min Rs. 550) |
| Forex Markup | 3.5% on international transactions |
| Card Replacement | Rs. 100 |
| Rent Payment Fee | 1% of transaction (max Rs. 3,000) |
| Fuel Surcharge Waiver | 1% waiver, min Rs. 400 txn, max Rs. 250/cycle |
Note: In certain cases, uploading documents and completing video KYC might be required.
If you are an existing HDFC Bank customer, log in to NetBanking and apply from the Cards section.
Visit your nearest HDFC Bank branch with required documents. Bank staff will assist you with the application process.
The IndianOil HDFC Bank Credit Card is a well-designed entry-level fuel credit card that delivers meaningful savings for regular IndianOil customers. With 5% Fuel Points on fuel, groceries, and bill payments, plus an excellent XTRAREWARDS redemption rate of Rs. 0.96 per point, it offers up to 50 litres of free fuel annually on moderate spending.
The card is best suited as a secondary, category-specific card for fuel and grocery spending. Its low annual fee of Rs. 500 (easily waivable) and RuPay UPI support make it accessible to a wide audience. However, the monthly caps on Fuel Points, complex redemption process, and lack of travel/dining/shopping benefits mean it should be paired with a broader rewards card for a complete credit card strategy.
Last updated: 1 February 2026
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