← Part of Citi Credit Cards in India
The IndianOil Citi Credit Card, now managed by Axis Bank for consumer business, a benchmark fuel credit card in India, offering a 2.6% return rate on fuel spends at IndianOil outlets. As of 2026, IT caters to nearly 1 million customers, processing ₹400 crore in fuel business annually. This co-branded card provides significant savings for regular commuters and those with high fuel consumption.
| Parameter | Details |
|---|---|
| Card Type | Co-branded Fuel Credit Card |
| Issuing Entity | Citibank (consumer business now managed by Axis Bank) |
| Co-branding Partner | IndianOil |
| Primary Benefit | Fuel savings and rewards at IndianOil outlets |
| Joining Fee (2026) | ₹1,000 + GST |
| Annual Fee (2026) | ₹1,000 + GST (waivable on ₹30,000+ annual spend) |
| Fuel Reward Rate | 4x Turbo Points on fuel at IndianOil outlets (2.6% return rate) |
| Other Reward Rates | 1.3% on groceries, supermarkets, and other spends |
| Welcome Bonus | 250 Turbo Points (on first transaction within 30 days of activation) |
| Fuel Surcharge Waiver | 1% (at authorized IndianOil outlets) |
| Dining Privileges | Up to 20% discount at over 2,000 restaurants across India |
| Cash Withdrawal Fee | 2.50% of advanced amount (minimum ₹500) |
| Interest Rate | 3.25% per month (39% annually) |
| Late Payment Penalties | Up to ₹1,200 |
| Foreign Currency Mark-up Fee | 3.50% per transaction |
| EMI Conversion Threshold | Above ₹2,500 |
| Contactless Feature | Available for transactions up to ₹1,000 (no PIN required) |
| Turbo Points Redemption | Redeemable at 1,200+ authorized IndianOil outlets for fuel, cashback, shopping |
| Customer Accounts (Global Citi) | 200 million+ |
| Citi’s Presence in India | Over 120 years |
This card is specifically designed for individuals who frequently purchase fuel from IndianOil petrol pumps, offering a high value-back rate on fuel and additional rewards on daily expenses.
IndianOil Citi Credit Card in India: Types, Categories & Key Components Explained
The IndianOil Citi Credit Card is a co-branded fuel card, offering significant savings on fuel purchases at IndianOil outlets across India. As of 2026, IT remains a benchmark for fuel credit cards, providing up to 4x Turbo Points on fuel spends and a 1% fuel surcharge waiver.
| Type/Category | Details | Key Feature |
|---|---|---|
| Co-branded Fuel Credit Card | Launched by CitiBank in collaboration with IndianOil, this card is specifically designed for fuel benefits. | Offers strong reward rates on fuel purchases at authorized IndianOil outlets. |
| Fuel Savings Card | Best suited for individuals who regularly fuel their vehicles at IndianOil petrol pumps. | Provides significant savings on fuel costs and a 1% fuel surcharge waiver. |
| Rewards Program | Rewards users with Turbo Points that never expire. | Turbo Points can be redeemed at authorized IndianOil Fuel Stations, for cashback, shopping, and other categories. |
| Welcome Bonus | New cardholders receive a welcome bonus upon making their first transaction. | Earn 250 Turbo Points as a welcome gift if the first transaction is made within 30 days of card activation. |
| Accelerated Reward Points | Earns higher reward points on specific spending categories. | 4x Turbo Points on fuel spending at authorized IndianOil outlets; 2 Turbo Points per ₹150 spent on groceries and supermarkets. |
| Dining Benefits | Offers discounts at a wide network of restaurants. | Up to 20% discount at over 2,000 participating restaurants across India. |
| Travel Benefits | Offers benefits for individuals who travel regularly. | Assistance with travel plans and itineraries, and rewards on travel-related expenses. |
| General Spends Rewards | Earns reward points on various everyday expenses. | 1 Turbo Point for every ₹150 spent on all other purchases. |
| Fee Structure | Comes with a joining and annual fee. | Joining and annual fee of ₹1,000 + GST, with a spending-based renewal fee waiver option. |
| Cash Withdrawal | Allows cash withdrawals up to the allowed limit. | A fee of 2.50% on the advanced amount, subject to a minimum of ₹500 per transaction. |
| Interest Rate | Applicable on unpaid balances. | 3.25% monthly or 39% annually. |
| Foreign Currency Mark-up Fee | Charged on international transactions. | 3.50% per transaction. |
| Late Payment Penalties | Applied for delayed payments. | Up to ₹1,200, depending on the outstanding amount. |
| EMI Conversion Threshold | Allows conversion of large purchases into EMIs. | Transactions above ₹2,500 can be converted into EMIs. |
| Contactless Feature | Enables quick and secure payments. | Transactions up to ₹1,000 can be made without a PIN. |
The card’s primary appeal lies in its strong rewards for fuel, making IT a valuable tool for commuters and frequent travelers seeking to optimize their fuel expenses.
IndianOil Citi Credit Card in India: Key Statistics & Data Points for 2026
The IndianOil Citi Credit Card offers a 2.6% reward return rate on fuel spends at IndianOil outlets and up to 20% dining discounts at over 2,000 restaurants across India. As of 2026, the card carries a joining and annual fee of ₹1,000 + GST, with an annual fee waiver available on spending ₹30,000 or more in a membership year.
| Metric | Value | Source |
|---|---|---|
| Joining and Annual Fee | ₹1,000 + GST | IndianOil Citi Credit Card – Features, Benefits, Fees & Charges |
| Annual Fee Waiver Condition | On spending ₹30,000 or more in a membership year | IndianOil Citi Credit Card: – Review and Benefits |
| Reward Return Rate on IndianOil Fueling | 2.6% | IndianOil Citi Credit Card – Features, Benefits, Fees & Charges |
| Turbo Points on Fuel at IndianOil Outlets | 4x Turbo Points for every ₹150 spent | IndianOil Citi Credit Card: – Review and Benefits |
| Reward Return Rate on Groceries and Supermarkets | 1.3% | IndianOil Citi Credit Card – Features, Benefits, Fees & Charges |
| Welcome Bonus | 250 Turbo Points (on first transaction within 30 days of activation) | IndianOil Citi Credit Card: – Review and Benefits |
| Dining Discount | Up to 20% at over 2,000 restaurants across India | Citibank Indian Oil Credit Card Review 2026 • BankKaro Blog |
| Fuel Surcharge Waiver | 1% | IndianOil Citi Credit Card: – Review and Benefits |
| Cash Withdrawal Fee | 2.50% on advanced amount (minimum ₹500) | Indianoil Citi Credit Card: Check Offers & Benefit |
| Interest Rate (Monthly) | 3.25% | Indianoil Citi Credit Card: Check Offers & Benefit |
| Interest Rate (Annually) | 39% | Indianoil Citi Credit Card: Check Offers & Benefit |
| Late Payment Penalties | Up to ₹1,200 | IndianOil Citi Credit Card – Features, Benefits, Fees & Charges |
| Foreign Currency Mark-up Fee | 3.50% per transaction | IndianOil Citi Credit Card – Features, Benefits, Fees & Charges |
| EMI Conversion Threshold | Above ₹2,500 | IndianOil Citi Credit Card – Features, Benefits, Fees & Charges |
| Contactless Transaction Limit (no PIN) | ₹1,000 | Indianoil Citi Credit Card: Check Offers & Benefit |
| Credit Card Eligibility Age | At least 18 years old | RBI Guidelines |
| Credit Score for Easy Approval | 750+ | CIBIL/Experian Guidelines |
| Estimated Application Processing Time | 5-10 days | Industry Standard |
| Estimated Card Delivery Time | Up to 20 days | Industry Standard |
The card’s strong reward structure for fuel purchases and dining makes IT a valuable tool for regular commuters and those seeking lifestyle benefits in 2026.
How IndianOil Citi Credit Card in India Works: Process, Steps & Key Details
The IndianOil Citi Credit Card, now managed by Axis Bank, offers a streamlined application process for fuel and lifestyle benefits. IT includes a joining fee of ₹1,000 + GST and provides a 1% fuel surcharge waiver at IndianOil outlets.
This card is designed for regular commuters who spend significantly on fuel, offering specific rewards and features tailored for their needs.
- Eligibility Check: Applicants must be at least 18 years old and meet specific income criteria set by Axis Bank (formerly Citibank). A strong CIBIL score, typically above 750, improves approval chances.
- Online Application: The application can be initiated online through the Axis Bank website or partner platforms. This involves filling out a digital form with personal and financial details.
- Document Submission: Required documents include identity proof (PAN card is mandatory), address proof, and income proof (salary slips, bank statements). These can be uploaded digitally during the application.
- Verification Process: The bank conducts a verification process, which may include a CIBIL score check and physical document verification. This typically takes 5-10 business days.
- Card Approval & Issuance: Upon successful verification, the card is approved and dispatched. Card delivery usually takes up to 20 days from approval.
- Card Activation: The card needs to be activated upon receipt, often through net banking, mobile app, or by calling customer care. The first transaction within 30 days of activation earns 250 Turbo Points as a welcome gift.
- Contactless Payments: The card features a contactless option for transactions up to ₹1,000, allowing for quick tap-and-pay convenience without a PIN.
- EMI Conversion: Transactions above ₹2,500 can be converted into easy EMIs, providing flexibility for larger purchases.
The IndianOil Citi Credit Card provides a strong reward program, particularly for fuel purchases at IndianOil stations, alongside dining discounts and other lifestyle benefits.
IndianOil Citi Credit Card in India: Benefits, Advantages & Why Students Choose IT
The IndianOil Citi Credit Card offers significant savings for regular commuters, particularly on fuel purchases at IndianOil outlets across India. As of 2026, IT provides a strong reward program with Turbo Points that never expire, making IT a preferred choice for managing fuel expenses.
- High Fuel Rewards: Cardholders earn 4x Turbo Points for every ₹150 spent on fuel at authorized IndianOil outlets, translating to a 2.6% value back on fuel.
- Welcome Bonus: New users receive 250 Turbo Points as a welcome gift upon making their first transaction within 30 days of card activation.
- Dining Discounts: The card provides up to a 20% discount on dining bills at over 2,000 participating restaurants across India.
- Grocery & Supermarket Rewards: Users earn 1 Turbo Point for every ₹150 spent on groceries and at supermarkets, offering a 1.3% value back.
- Fuel Surcharge Waiver: A 1% fuel surcharge waiver is applicable on fuel transactions, overall savings on petrol and diesel.
- EMI Conversion Option: Transactions above ₹2,500 can be converted into easy EMIs, providing flexibility for larger purchases.
- Contactless Payments: The card features a contactless payment option for transactions up to ₹1,000, allowing for quick tap-and-pay convenience without a PIN.
These benefits, combined with a wide acceptance network at over 27,000 IndianOil retail outlets, make the IndianOil Citi Credit Card a valuable tool for students and individuals focused on optimizing their daily and travel expenses.
IndianOil Citi Credit Card in India: Vs Alternatives: Which Option is Best?
The IndianOil Citi Credit Card offers a 2.6% reward return rate on fuel at IndianOil stations, making IT a strong contender for fuel savings. However, alternatives like the Indian Oil HDFC Bank Credit Card and IndianOil Axis Bank Credit Card also provide competitive benefits for fuel and other spending categories.
Choosing the best fuel credit card in India for 2026 depends on your specific spending patterns and preferred benefits beyond fuel.
| Feature | IndianOil Citi Credit Card | Indian Oil HDFC Bank Credit Card | IndianOil Axis Bank Credit Card |
|---|---|---|---|
| Primary Benefit | Fuel savings and rewards at IndianOil stations | High reward rate on fuel | Fuel savings and rewards at IndianOil stations |
| Reward Points on Fuel | 4x Turbo Points on fuel at authorized IndianOil outlets | High reward rate on fuel | 6X EDGE Miles on fuel purchases at IndianOil outlets |
| Reward Return Rate (Fuel) | 2.6% on fueling at IndianOil stations | Not specified | Not specified |
| Fuel Surcharge Waiver | 1% fuel surcharge waiver | Not specified | 1% fuel surcharge waiver |
| Joining Fee | ₹1,000 + GST | Not specified | ₹1,000 + GST |
| Annual Fee | ₹1,000 + GST (renewal fee, spending-based waiver available) | Not specified | Not specified |
| Dining Discounts | Up to 20% discount at over 2,000 restaurants across India | Exciting dining discount offers | 30% off on food delivery at Zomato |
| Welcome Bonus | 250 Turbo Points (on first transaction within 30 days) | Not specified | Not specified |
| Other Benefits | Rewards on groceries, shopping, dining; Concierge service, EMI Conversions, Travel benefits | Not specified | 2 complimentary lounge access per quarter at select domestic airports, 2X EDGE Miles on groceries |
The IndianOil Citi Credit Card excels in dining discounts and a clear fuel reward rate, while the IndianOil Axis Bank Credit Card offers airport lounge access and grocery rewards.
Common Misconceptions About IndianOil Citi Credit Card in India
Many users believe the IndianOil Citi Credit Card is solely for fuel benefits, but IT also offers dining discounts and rewards on groceries. The card’s business operations transitioned to Axis Bank after Citigroup’s India consumer business sale, impacting customer service and management.
- Misconception: The card is only for fuel purchases. While optimized for fuel, the IndianOil Citi Credit Card offers up to 20% dining discounts at over 2,000 restaurants across India. IT also provides rewards on grocery and supermarket spending.
- Misconception: Citibank still manages the card directly. As of 2026, Axis Bank now issues and manages the IndianOil Citi Credit Card, following Citigroup’s sale of its India consumer business. All customer service and card management are handled by Axis Bank.
- Misconception: There are no annual fees. The IndianOil Citi Credit Card has a first-year joining fee of ₹1,000 + GST and a renewal fee of ₹1,000 + GST for every subsequent year. The annual fee can be waived if you spend ₹30,000 or more in a membership year.
- Misconception: Cash withdrawals are free. Cash withdrawals using the IndianOil Citi Credit Card incur a fee of 2.50% on the advanced amount, with a minimum charge of ₹500 per transaction.
- Misconception: All transactions are PIN-required. The card features a contactless option, allowing tap-and-pay for transactions up to ₹1,000 without requiring a PIN.
Understanding these points helps cardholders maximize benefits and avoid unexpected charges with their IndianOil Citi Credit Card.
What to Do Next: Actionable Steps
The IndianOil Citi Credit Card offers significant savings on fuel and other expenses, making IT a strong choice for regular commuters. As of 2026, the card is now managed by Axis Bank following Citigroup’s sale of its India consumer business.
- Verify Current Offers: Before applying, check the official Axis Bank website for the most current IndianOil Citi Credit Card offers and benefits, as these can change annually.
- Review Fees and Charges: Understand the first-year joining fee of ₹1,000 + GST and the subsequent annual renewal fee of ₹1,000 + GST. Note the cash withdrawal fee of 2.50% (minimum ₹500) and the monthly interest rate of 3.25% (39% annually).
- Check Eligibility Criteria: Ensure you meet the general credit card eligibility age of at least 18 years and other income requirements specified by Axis Bank for the IndianOil Citi Credit Card.
- Prepare Documents: Gather necessary documents like your PAN card (mandatory for all applicants, with some exceptions), Aadhaar, income proof, and address proof to streamline the application process.
- Apply Online: Visit the Axis Bank credit card portal to apply for the IndianOil Citi Credit Card. The application processing time typically ranges from 5-10 days.
- Monitor Card Delivery: After approval, expect your card to be delivered within approximately 20 days. Activate IT promptly to start earning Turbo Points on fuel and other purchases.
By following these steps, you can effectively apply for and utilize the IndianOil Citi Credit Card to maximize your fuel and lifestyle savings in 2026.
Key Takeaways
- The IndianOil Citi Credit Card is now managed by Axis Bank, offering a 2.6% reward return on fuel at IndianOil stations.
- The card carries a joining and annual fee of ₹1,000 + GST, with a monthly interest rate of 3.25% on outstanding balances.
- Cardholders can save up to 20% on dining at over 2,000 restaurants and convert transactions above ₹2,500 into EMIs.
Check your eligibility and apply for the IndianOil Citi Credit Card on the official Axis Bank website.
Frequently Asked Questions (FAQs)
What are the main benefits of the IndianOil Citi Credit Card in 2026?
The IndianOil Citi Credit Card offers 4 Turbo Points for every ₹150 spent on fuel at authorized IndianOil outlets. IT also provides a 1% fuel surcharge waiver and up to 20% dining discounts at over 2,000 partner restaurants across India. Cardholders also earn Turbo Points on groceries and other retail spending.
What is the annual fee for the IndianOil Citi Credit Card?
The IndianOil Citi Credit Card has a joining fee and an annual fee of ₹1,000 each. You can often get a waiver on the annual fee by meeting specific spending thresholds in the previous year. Verify the latest fee structure with Citibank directly.
How do I redeem Turbo Points earned with the IndianOil Citi Credit Card?
Turbo Points earned with the IndianOil Citi Credit Card can be redeemed directly at authorized IndianOil fuel stations for fuel purchases. They can also be converted into cashback, used for shopping, or redeemed against other categories. These points never expire, offering flexibility in redemption.
What is the reward rate on fuel purchases with this card?
The IndianOil Citi Credit Card offers a reward return rate of 2.6% on fuel purchases at IndianOil stations. This translates to 4 Turbo Points for every ₹150 spent on fuel. For other spending categories like groceries, the reward rate is 1.3%.
Does the IndianOil Citi Credit Card offer a fuel surcharge waiver?
Yes, the IndianOil Citi Credit Card provides a 1% fuel surcharge waiver on transactions at IndianOil outlets. This waiver helps reduce the overall cost of fuel purchases. Check the specific terms and conditions for maximum waiver limits per billing cycle.
Who is the IndianOil Citi Credit Card best suited for?
This card is best suited for individuals who frequently purchase fuel at IndianOil petrol pumps and wish to maximize savings on these expenses. IT also benefits those who spend on groceries and dining, offering additional reward points and discounts. Regular travelers can also its travel-related benefits.
How can I contact Citibank customer care for my IndianOil Citi Credit Card?
For urgent issues like a lost card or unauthorized transactions, contact the emergency helpline at 1800 267 2425 (toll-free in India) or +91 22 4955 2425 (local dialing), available 24/7. For other queries, call 1860 210 2484, available from 7 AM to 9 PM, Monday to Saturday.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.