Synopsis: Are rising fuel prices worrying you? This article highlights some of the best fuel credit cards that offer cashback on every fuel purchase, along with additional perks.
Fuel prices frequently go high and oftentimes stay at an elevated price. For daily commuters heading to work or elsewhere in personal vehicles the fuel purchases turns out to be heavy on the wallet. A fuel credit card helps save money through cashbacks or surcharge waivers and most of the time comes with redeemable reward points on every refill.
This article highlights the top 7 fuel credit cards of 2026 and their key benefits that users need to know. Read on for essential details and top contenders.
Indian Oil RBL Bank Xtra Credit Card
- Joining Fees: ₹1,500+ tax
- Annual Fees: ₹1,500+ tax
- Annual Fee Waiver: On spending of ₹2.75 lakh annually
- Savings on Fuel: 8.5% (up to) return as reward points
Fuel Benefits:
- 15 Fuel Points for every ₹100 spent at IndianOil stations – Capped at 2,000 Fuel Points per month
- 1% fuel surcharge waiver (up to ₹200 per month) on fuel spends between ₹500 and ₹4,000
- 2 Fuel Points for each ₹100 spent on other categories
- 3,000 Fuel Points on first transaction of ₹500 within the first 30 days of card issuance
- 1,000 Fuel Points on reaching spending milestone of ₹75,000 quarterly
BPCL SBI Card Octane
- Joining Fees: ₹1,499+ tax
- Annual Fees: ₹1,499+ tax
- Annual Fee Waiver: On a spend of ₹2 lakh and more annually
- Savings on Fuel: 7.25% (up to) return as reward points
Fuel Benefits:
- 25 return as reward points on every ₹100 spent at BPCL fuel stations
- 500 (up to) points in a month on Bharat Gas spends
- 10 reward points per ₹100 spent on others capped at 7,500 points per month
- 6,000 reward points worth ₹1,500 on the payment of annual fee
- 4 Reward Points = ₹1
- 1% fuel surcharge waiver, up to ₹100 in a month, on fuel purchase of up to ₹ 4,000 made in BPCL petrol pumps
ICICI HPCL Super Saver Credit Card
- Joining Fees: ₹500 + Tax
- Annual Fees: ₹500 + Tax
- Annual Fee Waiver: On spend of over ₹1.5 lakh
- Savings on Fuel: 5% back on fuel spending at HPCL petrol pumps and on the HP Pay app
Fuel Benefits:
- 4% cashback, up to ₹200 per month, on fuel spends at HPCL pumps
- 1.5% benefit as reward points on fuel purchase at HPCL fuel outlets via HP Pay app
- 5% back as reward points, capped at 400 points per month, on grocery, departmental store and utility bill spends
- 2 reward points per ₹100 spent on other retail purchases
- 1 reward point = ₹0.25
- ₹100 cashback in HP Pay app wallet on first transaction worth min. ₹1000 via HP Pay app
- 1 complimentary access to domestic airport lounge per quarter on spending ₹75,000 in the previous calendar quarter
IndianOil HDFC Bank Credit Card
- Joining Fees: ₹500+ tax
- Annual Fees: ₹500+ tax
- Annual Fee Waiver: Spending of ₹50,000 or more in the first year
- Savings on Fuel: Earn 5% of your spends as Fuel Points at IndianOil outlets
Fuel Benefits:
- Complimentary membership to IndianOil XTRAREWARDSTM Program (IXRP)
- 5% return as fuel points on spends made at IndianOil outlets
- 5% return of your spends as Fuel Points on Groceries and Bill Payments
- 1 fuel point per ₹150 spent on other spending categories, including UPI
- 250 fuel (Up to) points per month spent at IndianOil fuel outlets for the first 6 months.
- 150 fuel points is rewarded post six months
- ₹250 worth of voucher upon card activation and completion of at least one transaction within 37 days from card issuance date
Indian Oil Kotak Credit Card
- Joining Fees: ₹449
- Annual Fees: ₹449
- Annual Fee Waiver: On a spend of ₹50,000 annually
- Savings on Fuel: 5% (up to) savings on Indian Oil fuel
Fuel Benefits:
- 4% returns as 24 reward points per ₹150 spent on IndianOil fuel – Capped at 1,200 points in a month
- 1% fuel surcharge waiver, up to ₹100 per month, on fuel spends of ₹100 to ₹5,000 at IndianOil outlets
- 2% back as 12 reward points per ₹50 spent on grocery and dining, Capped at 800 points in a month
- 0.5% back as 3 reward points per ₹150 spent on other categories – including UPI
- 1,000 reward points on a transaction of ₹500 within the first 30 days of receiving the card
IndianOil Axis Bank Credit Card
- Joining Fees: ₹500
- Annual Fees: ₹500 (Second year onwards)
- Annual Fee Waiver: On a spend of ₹3.5 lakh annually
- Savings on Fuel: 4% return as 20 reward points per ₹100 spent on IOCL fuel
Fuel Benefits:
- 4% return as 20 EDGE reward points per ₹100 spent on fuel purchases of ₹400 to₹4,000 at IOCL outlets in India – Capped at 1,000 points per month
- 1% return as 5 EDGE reward points per ₹100 spent on online shopping worth between ₹100 to ₹5,000 – Capped at 250 points monthly
- 1 EDGE reward point per ₹100 spent on others
- 1 EDGE reward point = ₹0.20
- 1% fuel surcharge waiver, ₹50 per month (up to), on fuel spends of ₹400 to ₹4,000
Also Read: India’s 10 Must Know Credit Card Types: Check Which One is Best For You
HPCL Energie BoB Credit Card
- Joining Fees: ₹499
- Annual Fees: ₹499
- Annual Fee Waiver: On a spend of ₹50,000 annually
- Savings on Fuel: 1% fuel surcharge waiver on spending of ₹400-₹5,000 at HPCL stations
Fuel Benefits:
- 5% back on fuel spending through HP pay app at LPG and HPCL outlets
- 1.5% cashback on fuel purchase through HP Pay app
- 500 Reward Points for spending ₹5,000 in the initial 60 days
Conclusion
These cards listed in the article would be great for both beginner and advanced credit card users. The main focus is to save up while you refill your vehicle’s tank and these do exactly that. The additional benefits are also a plus point that would be a great way to save another few digits while shopping, dining, and more.
Written by Kenbi Riba
