Fuel is something we all need. Whether you’re driving a car, a bike, or any other vehicle, you have to fill up your tank regularly. And we all know how costly fuel has become these days. Every time you stop at a petrol pump, the price pinches your pocket. That’s why using a fuel credit card can be very helpful. These cards are specially designed to give you savings and rewards every time you pay for petrol or diesel. If you use a fuel credit card wisely, you can save hundreds or even thousands of rupees every year. Many cards also give you cashback, bonus points, and other benefits. But with so many options available, which one should you choose? In this article, we will answer all your questions about fuel credit cards in India, explain their benefits, help you choose the best one, and show you how to apply. Keep reading to make your fuel purchases cheaper and smarter!
Image Credit-cardinsider
What is a Fuel Credit Card?
A fuel credit card is a type of credit card that gives you extra benefits on fuel purchases. You earn reward points, cashback, or discounts every time you buy petrol or diesel. These cards are often made in partnership with fuel companies like IndianOil, HPCL, or BPCL, which means you get maximum benefits at their petrol pumps.
These cards also offer a fuel surcharge waiver, which means you don’t pay the extra 1% to 2.5% fee that is usually added when paying by credit card.
Why Should You Use a Fuel Credit Card?
If you drive often or have a vehicle at home, you probably spend a lot on fuel every month. Fuel credit cards can help you save money, earn rewards, and avoid extra charges.
Here are the main benefits of using a fuel credit card:
Save Money on Every Fuel Purchase
Instead of paying the full price, you get cashback or reward points when you use a fuel card at partner petrol pumps.
Earn Reward Points
These points can be used for buying more fuel or shopping, travel, or paying bills.
Fuel Surcharge Waiver
Fuel cards waive the extra fee you usually pay when using a card at petrol stations.
Bonus Offers and Discounts
Some cards also offer welcome rewards, discounts on groceries, movie tickets, and more.
Things to Consider Before Choosing a Fuel Credit Card
Before you choose the best fuel credit card in India, think about your own needs. Here are some points to help you decide:
Understand Your Fuel Needs
- How much do you spend on fuel every month?
- Which petrol pump do you visit most often – IOCL, BPCL, or HPCL?
Compare Annual Fees
Some cards have a higher joining or renewal fee. Make sure the savings are more than the fees you pay.
Look at Reward Point Value
Check how much your reward points are worth. Some cards give higher value for every point.
Extra Benefits
Some fuel credit cards also give benefits on dining, travel, and online shopping.
Eligibility and Income Criteria
Check if you meet the income and credit score requirements for the card.
List of Best Fuel Credit Cards in India 2025
Now that you know what to look for, here are the top fuel credit cards available in India, based on features, fees, and benefits.
1. IndianOil Axis Bank Premium Credit Card
- Joining Fee: ₹1,000 + GST
- Benefits: 6X EDGE Miles per ₹150 on IndianOil fuel spends
- Welcome Bonus: 500 EDGE Miles
- Best For: Regular IOCL users
2. BPCL SBI Card OCTANE
- Joining Fee: ₹1,499 + GST
- Benefits: 25 Reward Points per ₹100 at BPCL
- Welcome Bonus: 6,000 Reward Points
- Best For: Frequent BPCL users and high fuel spenders
3. IndianOil RBL Bank XTRA Credit Card
- Joining Fee: ₹1,500 + GST
- Benefits: 15 Fuel Points per ₹100 spent at IndianOil
- Welcome Bonus: 3,000 Fuel Points
- Best For: IOCL users with higher budgets
4. ICICI Bank HPCL Super Saver Credit Card
- Joining Fee: ₹500 + GST
- Benefits: 5% cashback at HPCL, 1.5% more via HP Pay
- Welcome Bonus: 2,000 Points and ₹100 cashback
- Best For: HPCL customers
5. IDFC HPCL First Power Plus Credit Card
- Joining Fee: ₹499 + GST
- Benefits: 30X Reward Points on HPCL fuel and utility spends
- Welcome Bonus: Up to ₹500 cashback
- Best For: HPCL users and online bill payers
6. IndianOil HDFC Bank Credit Card
- Joining Fee: ₹500 + GST
- Benefits: 5% savings on fuel with reward points
- Best For: Budget users who fill up at IOCL
7. BPCL SBI Credit Card
- Joining Fee: ₹499 + GST
- Benefits: 13 Reward Points per ₹100 at BPCL
- Welcome Bonus: 2,000 Points
- Best For: Regular BPCL users
8. IDFC HPCL FIRST Power Credit Card
- Joining Fee: ₹199 + GST
- Benefits: 21X Points on HPCL fuel
- Welcome Bonus: ₹250 cashback
- Best For: Beginners or low spenders
9. IndianOil Axis Bank RuPay Credit Card
- Joining Fee: ₹500 + GST
- Benefits: 20 Points per ₹100 at IOCL
- Welcome Bonus: 1,250 EDGE Points
- Best For: IOCL customers and online shoppers
10. HPCL Energie BOBCARD Credit Card
- Joining Fee: ₹499 + GST
- Benefits: 24 Points per ₹150 at HPCL
- Welcome Bonus: 500 Points
- Best For: HPCL regulars
How to Apply for a Fuel Credit Card in India
Applying for a fuel credit card is easy and can be done online or at a bank branch. Here are the steps:
- Compare Cards – Look at benefits, fees, and your regular fuel pump.
- Choose a Card – Select one that suits your spending and lifestyle.
- Apply Online – Go to the bank’s website or card issuer’s page.
- Submit Documents – PAN card, ID proof, address proof, and income proof.
- Wait for Approval – If eligible, the card will be approved in a few days.
Eligibility Criteria for Fuel Credit Cards
To apply for most fuel credit cards, you need to meet these requirements:
- Must be a resident of India
- Age 18 years or older
- Salaried or self-employed
- Have a stable income (as per bank requirements)
- Good credit score (usually 700 or above)
Frequently Asked Questions (FAQs)
1. What is the benefit of a fuel credit card?
A fuel credit card gives cashback, reward points, and a fuel surcharge waiver on petrol/diesel spends.
2. Can I use a fuel credit card for other purchases?
Yes, fuel credit cards also offer benefits on shopping, groceries, dining, and utility bills.
3. Which is the best credit card for fuel in India?
The BPCL SBI Card Octane and ICICI HPCL Super Saver Card are among the best, but the choice depends on your fuel brand preference.
4. Do fuel credit cards have annual fees?
Yes, most have joining and renewal fees, but they often provide welcome bonuses or annual fee waivers based on spending.
5. Do I get reward points on every fuel purchase?
Yes, but only at partner petrol pumps like IOCL, HPCL, or BPCL, depending on the card.
6. Can I apply for a fuel credit card online?
Yes, almost all major banks and issuers offer online application facilities on their websites.
Conclusion
Fuel prices may keep going up, but your expenses don’t have to. A fuel credit card is a smart way to reduce the cost of petrol or diesel over time. With the right card, you earn cashback, save on fuel surcharge, and even get extra benefits like shopping and travel rewards. The key is to choose a card that matches your fuel habits and offers the most value for your money. Whether you use IndianOil, HPCL, or BPCL, there’s a card that suits you. So, compare your options and apply today to start saving on every refill.
Read More Blog- Find My Swipe