IndianOil RBL Bank Credit Card

Joining Fee

₹500

Annual Fee

Rs. 500 (Reversed on annual spends of Rs. 1.75 Lakhs)

Fuel
Rewards
Best For: Frequent IndianOil fuel station users, Daily commuters, Budget-conscious drivers seeking fuel savings

IndianOil RBL Bank Credit Card

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹0.5

Earning Cap

₹1,000 /monthly

Pros

  • 6% valueback at IndianOil fuel stations
  • Up to 100 litres free petrol annually
  • 1% fuel surcharge waiver up to INR 100/month
  • Annual fee waived on INR 1,75,000 annual spend
  • Low joining/annual fee of INR 500
  • Available on both Mastercard and RuPay networks
  • RuPay variant supports UPI payments

Cons

  • Accelerated fuel points capped at 1,000 per month
  • Welcome benefit only applicable after annual membership fee is paid
  • Annual fee waiver benefit only applicable if annual fee is paid first

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Many categories excluded from fuel point benefit and annual fee waiver: Utilities, Insurance, Quasi-Cash, Railways, Real Estate/Rental, Education, Wallets, Government Services, Contracted Services, Cash, Miscellaneous, Bills2Pay, EMI conversions

Offline UPI transactions under INR 2,000 at small merchants on RuPay variant not eligible for rewards

Accelerated fuel points only at eligible IndianOil TID/MID fuel stations

Key Benefits & Features

1 fuel point per INR 100 spent on all other purchases (dining, shopping, etc.)

Available on RuPay network with NCMC and RuPay Credit Card on UPI features

Notable Exclusions

No fuel points or annual fee waiver on UtilitiesNo fuel points or annual fee waiver on InsuranceNo fuel points or annual fee waiver on Quasi-CashNo fuel points or annual fee waiver on RailwaysNo fuel points or annual fee waiver on Real Estate/RentalNo fuel points or annual fee waiver on EducationNo fuel points or annual fee waiver on Wallet/Service ProvidersNo fuel points or annual fee waiver on Government ServicesNo fuel points or annual fee waiver on Contracted ServicesNo fuel points or annual fee waiver on CashNo fuel points or annual fee waiver on MiscellaneousNo fuel points or annual fee waiver on EMI conversions (Split-N-Pay & EMI at POS/Web/Mobile App), fees, charges, and GSTNo fuel points or annual fee waiver on Bills2Pay transactionsFuel & Auto MCCs excluded from accelerated fuel points calculation for spend tracking

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

These details are based on information updated on . Fees and benefits change often - confirm on the issuer's own page before applying.

About IndianOil RBL Bank Credit Card

The IndianOil RBL Bank Credit Card is a co-branded fuel credit card designed for drivers and daily commuters who regularly refuel at IndianOil fuel stations. Built around a fuel points rewards system, the card delivers up to 6% valueback on IndianOil fuel purchases, with cardholders earning 10 fuel points for every INR 100 spent at IndianOil stations, up to 1,000 fuel points per month. Every other purchase earns 1 fuel point per INR 100 spent, ensuring rewards accumulate across dining, shopping, and everyday expenses. Each fuel point carries a redemption value of INR 0.50 toward XTRA Reward Points at IndianOil fuel stations, and consistent monthly spends of INR 20,000 can unlock the equivalent of up to 100 litres of free petrol annually. New cardholders receive 1,000 welcome fuel points upon spending INR 500 within the first 30 days. The card also provides a 1% fuel surcharge waiver of up to INR 100 per month, reducing the cost of every fill-up. With a joining and annual fee of INR 500, the fee is waived entirely for cardholders who spend INR 1,75,000 or more in a year. Available on both Mastercard and RuPay networks, the RuPay variant additionally supports National Common Mobility Card and RuPay Credit Card on UPI functionality.

Expert Review

Our Verdict

India's best fuel credit card with 6% valueback at IndianOil stations & 100L free petrol annually.

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