If you use a credit card, you might find this information helpful. Many credit card companies and banks offer special deals for customers who use their cards to buy fuel.
Although fuel prices aren’t decreasing, having a fuel credit card can save you money. Here’s how you can benefit from credit cards offered by various banks.
Indian Oil Citi Credit Card
The Indian Oil Citi Credit Card is a partnership between Citi Bank and Indian Oil. Using this card at any Indian Oil station helps you save money.
It also provides up to a 15% discount at restaurants. For every ₹150 spent at Indian Oil, you earn 4 Turbo Points, which never expire.
SBI Card
With this card, you receive 2000 reward points worth ₹500 as a welcome gift. For every ₹100 spent on fuel, you earn 4.25% value back
and 13 times the reward points. Additionally, you earn 5 times the reward points on grocery and movie purchases.
Indian Oil HDFC Credit Card
The Indian Oil HDFC Credit Card, launched by HDFC Bank and Indian Oil, lets you use fuel points earned from your spending as payment.
You get fuel equivalent to 5% of the amount spent on petrol, diesel, groceries, and bill payments. By redeeming these fuel points, you can receive up to 50 liters of fuel annually.
ICICI Bank Fuel Credit Card
With ICICI Bank’s fuel credit card, you earn 2 points for every ₹1 spent at HPCL petrol pumps.
This includes 2.5% cashback and a 1% fuel fee. You can also enjoy discounts of up to 15% at over 800 restaurants.
IndianOil Axis Bank Credit Card
This card provides 4% value back on fuel transactions and earns 20 reward points per ₹100 spent at any IOCL fuel outlet in India.
Transactions between ₹400 and ₹4000 at IOCL petrol stations can help you earn up to 5000 rewards every month, plus save an extra 1% on fuel.
SBI Card Octane
By paying an annual fee of ₹1499, you receive 6,000 bonus reward points. These points are credited to your account within 30 days of payment.
You get 7.25% cashback (including a 1% surcharge waiver) on fuel and lubricant expenses at BPCL stations.
For every transaction up to ₹4,000 at BPCL pumps, you receive 6.25% value back and a 1% fuel surcharge waiver.
