IndianOil Kotak Credit card

The IndianOil Kotak Credit Card is a co-branded fuel card launched in partnership between Kotak Mahindra Bank and IndianOil Corporation Limited, designed for everyday travelers who want to maximize savings on fuel and daily expenses. Running on the RuPay network with a joining and annual fee of just ₹449, this card delivers up to 5% savings on IndianOil fuel transactions, combining 4% back as Reward Points and a 1% fuel surcharge waiver on transactions between ₹100 and ₹5,000 at IndianOil outlets. Beyond fuel, cardholders earn 2% back as Reward Points on grocery and dining spends across select merchant categories, and 0.5% back on all other purchases. New cardholders who pay the joining fee and spend ₹500 within 30 days of card issuance receive 1,000 bonus Reward Points as a welcome benefit. The annual fee is waived entirely upon spending ₹50,000 in the previous anniversary year, making it an attractive long-term option for budget-conscious users. Reward Points can be redeemed through the Kotak Rewards portal at 25 paise per point for merchandise, e-vouchers, travel, and more, or as cashback at 20 paise per point. Additional perks include a free add-on card and access to RuPay concierge services, offering strong overall value for frequent IndianOil fuel purchasers.