Rising petrol and diesel prices are hitting wallets hard. But if you drive regularly, a fuel cashback credit card can help you save thousands of rupees each year.
These cards offer cashback and surcharge waivers, directly reducing your monthly fuel expenses. Here’s how they work and how to choose the best one.
1. Why Fuel Cashback Matters
Fuel is a recurring expense. With prices staying high, even a small cashback on every litre can make a difference.
Most fuel cards also waive the 1% fuel surcharge, which banks usually charge on fuel transactions. That means you save more without changing your travel habits.
2. How Fuel Cashback Works
Fuel credit cards either give flat cashback or bonus rewards when used at specific fuel stations like Indian Oil, HPCL or BPCL.
Monthly cashback limits usually apply — for example, cashback might only apply to fuel spends between ₹500 to ₹4,000 per month.
So, it’s important to plan your fuel purchases to stay within the eligible range.
3. Tips to Save More with Fuel Cards
Stick to one brand: Choose a card linked to the fuel brand you use the most (like IndianOil, HPCL, or BPCL).
Avoid splitting payments: Doing multiple small transactions can invalidate cashback eligibility.
Use one card consistently: This helps track rewards easily and ensures you meet the minimum spend criteria for cashback.
4. Best Fuel Credit Cards in 2025
Here are the top-rated fuel cards to consider this year:
IndianOil Axis Bank Credit Card
BPCL SBI Octane Card
HPCL ICICI Bank Credit Card
These cards offer 3%–5% cashback on fuel purchases, plus a 1% fuel surcharge waiver.
Some also come with extra perks like discounts on dining and shopping, making them useful beyond just fuel.
Tip: Compare not just cashback but also annual fees, redemption options, and whether the rewards suit your lifestyle.
5. Watch Out for Hidden Charges
Fuel cashback cards can save you money, but only if used wisely.
Always pay your credit card bill on time — or high interest rates could wipe out your savings.
Some cards have minimum monthly spend requirements before cashback applies.
Check for any hidden fees, like joining charges or reward expiry.
6. Save Big with the Right Card
If chosen carefully, a good fuel card can help you cut down monthly fuel expenses and ease pressure on your budget.
At current fuel prices, a well-used cashback card could save you ₹5,000 to ₹10,000 a year, depending on how much you drive.
So, next time you fill up your tank, make sure you’re also filling up your savings — with the right fuel card in your wallet.
