The IndianOil HDFC Bank Credit Card offers around 5% value back as Fuel Points on petrol, groceries, and utility bills. Users can save up to 50 litres of free fuel annually, with yearly savings reaching ₹3,000–₹4,000 if used effectively. This co-branded card is designed for frequent fuel users in India.
| Parameter | Details |
|---|---|
| Card Type | Co-branded fuel credit card (HDFC Bank and Indian Oil Corporation) |
| Primary Benefit | Savings on fuel expenses through Fuel Points |
| Reward System | Fuel Points (5% value back on IndianOil fuel, groceries, and utility bills) |
| Annual Fuel Savings | Up to 50 litres of free fuel annually; yearly savings reaching ₹3,000–₹4,000 (as of 2026) |
| Joining Fee | ₹500 + applicable taxes |
| Annual Fee | ₹500 + applicable taxes (waivable on annual spends of ₹50,000 or above in the previous year) |
| Fuel Surcharge Waiver | 1% at all fuel stations across India (min transaction ₹400, capped at ₹250/month) |
| Interest-Free Credit Period | Up to 50 days from the date of purchase |
| Monthly Interest Rate | 3.49% (41.88% p.a.) |
| Contactless Payment Limit | ₹5,000 for a single transaction in India without PIN |
| Fuel Point Validity | 2 years from the date of accrual |
| Fuel Point Redemption Value (Fuel) | 1 Fuel Point = ₹0.96 (at IndianOil pumps) |
| Fuel Point Redemption Value (Catalogue) | 1 Fuel Point = ₹0.20 paise (via net banking for catalogue products) |
| Max Fuel Points on IndianOil (First 6 Months) | 250 Fuel Points per month |
| Max Fuel Points on IndianOil (Post 6 Months) | 150 Fuel Points per month |
| Max Fuel Points on Groceries/Bill Payments | 100 Fuel Points per month for each category |
| Paisabazaar Rating (Fuel Benefits) | 3.0/5.0 (as of April 2026) |
| Paisabazaar Rating (Rewards) | 3.0/5.0 (as of April 2026) |
| Paisabazaar Rating (Shopping) | 2.5/5.0 (as of April 2026) |
| Customer Service (India) | 1800 1600 / 1800 2600 |
| Customer Service (Overseas) | 022-61606160 |
This card is particularly beneficial for individuals with monthly fuel spending of ₹3,000 or more, allowing the rewards to easily offset the annual fee.
Key Features & Benefits
The IndianOil HDFC Bank Credit Card offers around 5% value back as Fuel Points on specific spending categories, enabling yearly savings of ₹3,000–₹4,000 for frequent fuel users. IT provides up to 50 days of interest-free credit and a 1% fuel surcharge waiver, capped at ₹250 per month.
| Feature | Details | Value/Benefit |
|---|---|---|
| Accelerated Fuel Points (IndianOil Outlets) | Earn Fuel Points on fuel purchases at IndianOil outlets. | 5% value back as Fuel Points. Max CAP: 250 Fuel Points/month (first 6 months), 150 Fuel Points/month (post 6 months). |
| Accelerated Fuel Points (Groceries & Bill Payments) | Earn Fuel Points on grocery shopping and utility bill payments. | 5% value back as Fuel Points. Max CAP: 100 Fuel Points/month per category. |
| General Spends Rewards | Earn Fuel Points on all other retail purchases. | 1 Fuel Point for every ₹150 spent. |
| Fuel Surcharge Waiver | Waiver on fuel transactions at all fuel stations across India. | 1% fuel surcharge waiver on transactions of minimum ₹400, capped at ₹250 per month. |
| Fuel Point Redemption Value (Fuel) | Redemption of Fuel Points for fuel at IndianOil pumps. | 1 Fuel Point = ₹0.96 (when redeemed for fuel via IndianOil XTRAREWARDS Program). |
| Fuel Point Redemption Value (Catalogue/Cashback) | Redemption of Fuel Points for catalogue products via net banking or as cashback. | 1 Fuel Point = ₹0.20 paise. |
| Complimentary Membership | Membership to IndianOil’s loyalty program. | Complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership. |
| Interest-Free Credit Period | Period during which no interest is charged on purchases. | Up to 50 days of interest-free credit from the date of purchase. |
| Zero Cost Card Liability | Protection against fraudulent transactions. | Protection against fraudulent transactions if reported immediately to HDFC Bank’s 24-hour Call Centre. |
| Fuel Point Validity | Duration for which earned Fuel Points remain valid. | Fuel Points are valid for 2 years from the date of accrual. |
| SmartEMI Facility | Option to convert large spends into Equated Monthly Installments (EMIs). | Convert transactions up to 60 days old into EMIs with flexible tenures up to 48 months, starting at 0.99% per month. |
| Contactless Payment | Ability to make quick, secure payments without swiping or inserting the card. | Enabled for contactless payments, with a maximum limit of ₹5,000 per single transaction without PIN in India. |
| Renewal Fee Waiver | Waiver of the annual renewal fee based on spending. | Renewal fee waived on annual spends of ₹50,000 or above in the previous year. |
| UPI Linkage | Ability to link the credit card to UPI applications. | Easily link to UPI applications for mobile payments. |
| Customer Service | Support channels for cardholders. | Access to HDFC Bank’s 24-hour Call Centre (1800 1600 / 1800 2600 in India; 022-61606160 overseas) and Eva for quick solutions. |
The card’s primary advantage lies in its accelerated Fuel Points, offering significant savings on fuel, groceries, and utility bills, making IT suitable for individuals with consistent monthly spending in these categories.
Fees & Charges 2026
The IndianOil HDFC Bank Credit Card carries a joining fee of ₹500 plus applicable taxes, with an identical annual renewal fee. Cardholders can waive the annual fee by spending ₹50,000 or more in the preceding year.
| Metric | Value (₹) | Details |
|---|---|---|
| Joining Fee | 500 | Plus applicable taxes |
| Annual Fee | 500 | Plus applicable taxes; waived on annual spends of ₹50,000 or above in the previous year |
| First-year fee waiver | 0 | On spends of ₹20,000 in the first 90 days of card issuance |
| Renewal Fee Waiver | 50,000 | On spending in a year |
| Monthly Interest Rate | 3.49% | Calculates up to 41.88% annually |
| Annual Interest Rate | 41.88% | – |
| Interest-free Credit Period | Up to 50 days | From the date of purchase (subject to submission of the charge by the Merchant) |
| Fuel Surcharge Waiver | 1% | At all fuel stations across India, applicable on minimum transaction of ₹400, capped at ₹250 per month/cycle |
| SmartEMI Interest Rate | Starting at 0.99% per month | Option to convert big spends into EMI after purchase |
| Duplicate Statement Fee | 10 | For IndianOil HDFC Bank Credit Card |
| Card Reissue Charges | 100 | For lost or damaged IndianOil HDFC Bank Credit Cards |
| Zero Cost Card Liability | 0 | On fraudulent transactions if reported immediately to HDFC Bank’s 24-hour Call Centre |
The card offers an interest-free credit period of up to 50 days, along with a 1% fuel surcharge waiver on transactions between ₹400 and ₹10,000, capped at ₹250 monthly.
How Fuel Points Work
The IndianOil HDFC Bank Credit Card rewards users with Fuel Points, which offer significant value when redeemed for fuel at IndianOil outlets. These points are valid for two years from the date of accrual, allowing flexibility in redemption.
Understanding the earning and redemption mechanics helps maximize savings, especially for regular fuel consumers.
- Earning Rate at IndianOil Outlets: Cardholders earn 5% of their spending as Fuel Points at IndianOil outlets. This accelerated rate applies to fuel purchases.
- Earning Rate on Groceries & Bill Payments: A 5% earning rate also applies to grocery shopping and utility bill payments, providing broad reward opportunities.
- Earning Rate on Other Spends: For every ₹150 spent at other fuel stations (not IndianOil) or on general retail, cardholders earn 1 Fuel Point.
- Monthly Earning Caps: For the first six months, a maximum of 250 Fuel Points can be accrued monthly on IndianOil outlet spends. This CAP reduces to 150 Fuel Points per month thereafter.
- Fuel Redemption Value: Each Fuel Point holds a value of ₹0.96 when redeemed for free fuel at over 20,000 participating IndianOil outlets across India.
- Catalogue Redemption Value: When redeemed through net banking for catalogue products, 1 Fuel Point is valued at ₹0.20.
- Cashback Redemption Value: Fuel Points can also be redeemed as cashback on the credit card, with 1 Fuel Point equivalent to ₹0.20.
- XTRAREWARDS Program Integration: Fuel Points can be converted to IndianOil XTRAREWARDS Points (XRP) via net banking in blocks of 500, with 1 Fuel Point equaling 3 XRP.
The complimentary IndianOil XTRAREWARDS Program (IXRP) membership remains valid even if the credit card is closed or upgraded.
Eligibility & Application
To apply for the IndianOil HDFC Bank Credit Card in 2026, applicants must be Indian citizens aged 21 to 65 years. HDFC Bank assesses eligibility based on factors like age, employment type, and income, requiring specific documents for verification.
The application process is straightforward, primarily conducted online through the HDFC Bank website.
- Citizenship: The primary applicant must be a citizen of India; foreign nationals are not eligible for this card.
- Age Criteria: Applicants must be at least 21 years old and not older than 65 years at the time of application.
- Employment Type: Both salaried and self-employed individuals can apply, subject to meeting income criteria.
- Minimum Income: HDFC Bank specifies a minimum income threshold, which varies based on employment status and internal bank policies.
- Credit Score: A strong CIBIL score, typically above 750, approval chances and may influence credit limits.
- Identity Proof: Valid documents like Aadhaar Card, PAN Card, Passport, or Driving License are required for identity verification.
- Address Proof: Applicants need to submit documents such as Aadhaar Card, Passport, Utility Bills (electricity, water), or Rent Agreement.
- Income Proof: Salaried individuals provide recent salary slips or bank statements, while self-employed applicants submit ITRs or business financial statements.
- Application Process: Begin by clicking ‘Apply Now’ on the HDFC Bank website, submitting primary details, after which the bank verifies eligibility and contacts the applicant.
HDFC Bank conducts an internal eligibility check after the initial application submission to determine card approval and credit limit.
IndianOil HDFC vs Alternatives
The IndianOil HDFC Bank Credit Card offers specific fuel benefits, but other co-branded cards like BPCL SBI and IndianOil Axis provide different reward structures. Comparing these options helps identify the best card for your spending habits.
| Feature | IndianOil HDFC | BPCL SBI | IndianOil Axis |
|---|---|---|---|
| Annual Fee | ₹500 + taxes | ₹1,500 + taxes | ₹500 + taxes |
| Fuel Savings | 5% value back (up to 50 liters free fuel annually) | 7.25% value back | Up to 2,000 Fuel Points/month (15 Fuel Points for every ₹100 spent) |
| Fuel Surcharge Waiver | 1% (min transaction ₹400, capped at ₹250/month) | 1% (capped at ₹100/month) | 1% (capped at ₹250/month) |
| Reward Points on Fuel | 5% Fuel Points at IndianOil outlets | 13X Reward Points at BPCL fuel stations | 15 Fuel Points for every ₹100 spent at IndianOil fuel stations |
| Other Reward Categories | 5% back on groceries & utility bills | 5X Reward Points on dining, departmental stores, groceries | 5 Fuel Points for every ₹100 spent on online shopping |
| Annual Fee Waiver | On annual spends of ₹50,000 | On annual spends of ₹2 Lakh | On annual spends of ₹3.5 Lakh |
The IndianOil HDFC card is ideal for consistent IndianOil users with moderate annual spending, offering a lower waiver threshold. Cards like BPCL SBI provide higher value back on fuel but come with a higher annual fee and waiver requirement.
Common Misconceptions
Many users misunderstand the specific benefits and limitations of the IndianOil HDFC Bank Credit Card, often assuming broader applicability or higher reward rates than offered. For instance, the card’s primary value comes from fuel redemptions at IndianOil outlets, not general cashback.
Understanding these distinctions helps maximize the card’s utility and avoid unmet expectations.
- Universal Fuel Savings: The 5% accelerated Fuel Points are specifically for spends at IndianOil outlets, not all fuel stations across India. While a 1% fuel surcharge waiver applies universally, the higher reward earning is outlet-specific.
- Cashback Value: While Fuel Points can be redeemed as cashback, their value is significantly lower at ₹0.20 per point compared to ₹0.96 per point when redeemed for fuel at IndianOil pumps.
- Unlimited Fuel Points: Fuel Point accrual has monthly caps; for example, 250 Fuel Points per month for the first six months on IndianOil spends, reducing to 150 Fuel Points thereafter.
- Automatic IXRP Membership: The complimentary IndianOil XTRAREWARDS Program (IXRP) membership is linked to the card, but users must ensure their latest mobile number is updated for successful redemption processing.
- Instant Approval: Credit card approvals are at the sole discretion of HDFC Bank and subject to thorough documentation and verification, not an instant process upon application submission.
Clarifying these points ensures cardholders use the IndianOil HDFC Bank Credit Card effectively for their fuel and other eligible expenses.
Maximizing Card Benefits
The IndianOil HDFC Bank Credit Card offers significant fuel savings, with users potentially getting up to 50 litres of free fuel annually. Cardholders can achieve yearly savings of ₹3,000–₹4,000 by consistently using the card for fuel, groceries, and utility bill payments.
- Redeem Fuel Points for Free Fuel: Convert Fuel Points to IndianOil XTRAREWARDS Points (IXRP) through net banking in blocks of 500. Each Fuel Point is valued at ₹0.96 when redeemed for fuel at over 20,000 IndianOil outlets across India.
- use Accelerated Rewards: Earn 5% of spending as Fuel Points on purchases at IndianOil outlets, grocery shopping, and utility bill payments. This accelerated earning rate helps accumulate points faster for redemption.
- Utilize Fuel Surcharge Waiver: Benefit from a 1% fuel surcharge waiver on transactions of ₹400 or more at any fuel station in India, capped at ₹250 per month. This waiver provides additional savings on fuel expenses.
- Meet Renewal Fee Waiver Criteria: Ensure annual spends of ₹50,000 or above to waive the ₹500 renewal fee. This makes the card more cost-effective for regular users.
- Manage Fuel Point Validity: Fuel Points are valid for 2 years from the date of accrual. Plan redemptions within this period to avoid forfeiture of earned points.
- Link Card to UPI Applications: Connect the IndianOil HDFC Credit Card to your preferred UPI application for convenient mobile payments. This expands payment options and helps earn rewards on various transactions.
Key Takeaways
- The IndianOil HDFC Bank Credit Card offers up to 5% value back on fuel, groceries, and utility bills.
- Annual savings can reach ₹3,000–₹4,000 for users with monthly fuel spending of ₹3,000 or more.
- Fuel Points are best redeemed for fuel at IndianOil outlets, where 1 Fuel Point equals ₹0.96.
Check eligibility and apply for the IndianOil HDFC Bank Credit Card on the official HDFC Bank website to start maximizing your fuel savings.
Frequently Asked Questions (FAQs)
What are the main benefits of the IndianOil HDFC Bank Credit Card?
The IndianOil HDFC Bank Credit Card offers 5% value back as Fuel Points on IndianOil fuel spends, groceries, and utility bills. You also receive a 1% fuel surcharge waiver on transactions of ₹400 or more, capped at ₹250 per month. This card is ideal for individuals with monthly fuel expenses around ₹3,000 or higher.
How do I redeem Fuel Points earned with the IndianOil HDFC Bank Credit Card?
Fuel Points earned with the IndianOil HDFC Bank Credit Card can be redeemed for fuel purchases at IndianOil outlets across India. Ensure your mobile number registered with HDFC Bank matches your IndianOil XTRAREWARDS™ Program membership for successful redemption. Fuel Points are valid for two years from the date of earning.
What is the annual fee for the IndianOil HDFC Bank Credit Card in 2026?
The IndianOil HDFC Bank Credit Card has an annual fee of ₹500 plus applicable taxes for the first year. This fee can often be waived if your annual spending exceeds a certain threshold, typically ₹50,000, but verify the exact waiver criteria with HDFC Bank for 2026.
What is the typical credit limit for the IndianOil HDFC Bank Credit Card?
For an individual with a monthly salary of ₹25,000, the typical credit limit for the IndianOil HDFC Bank Credit Card ranges from ₹40,000 to ₹80,000. The exact limit depends on your CIBIL score, existing loan obligations, and HDFC Bank’s internal credit assessment policies as of 2026.
Does the IndianOil HDFC Bank Credit Card offer contactless payment?
Yes, the IndianOil HDFC Bank Credit Card is enabled for contactless payments at retail outlets across India. Contactless transactions are permitted for a maximum of ₹5,000 per single transaction without requiring a PIN. This feature convenience and speed at payment terminals.
What is the interest-free period on the IndianOil HDFC Bank Credit Card?
The IndianOil HDFC Bank Credit Card offers an interest-free credit period of up to 50 days from the date of purchase. This period is subject to the merchant’s submission of the charge to the bank. Prompt payment of your outstanding balance by the due date ensures you avoid interest charges.
How can I contact HDFC Bank for IndianOil Credit Card queries?
You can contact HDFC Bank for IndianOil Credit Card queries by calling 1800 1600 or 1800 2600, accessible across India. Customers traveling overseas can reach the bank at 022-61606160. You can also use Eva, HDFC Bank’s virtual assistant, for quick solutions to common questions.
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.