Synopsis: Choosing a low-fee option ensures you enjoy benefits without high maintenance costs, making fuel spending more efficient. This article lists the five best credit cards from which you can avail these benefits.
What are fuel credit cards?
Fuel credit cards are the credit cards issued by the bank in collaboration with leading fuel refineries like Indian Oil, BPCL and HPCL, that help the consumers to save maximised rewards on their fuel spends.
Some fuel credit cards reward the cardholder on fuel benefits by spending on other utilities, enhancing the overall saving potential. Here, we have a list of the best fuel credit cards in India that result in the best benefitting rewards and maximized savings.
IndianOil HDFC Credit Card
Card overview: the IndianOil HDFC Credit Card is a co-branded credit card in collaboration with IndianOil and HDFC. This card is best suited for frequent drivers who majorly spend on fuel every month. This card offers up to 50 liters of free fuel annually based on the redemption of fuel points gained through spendings.
- Joining fees: Rs 500
- Annual fees: Rs 500
- Annual fee waiver: Rs 50,000 spent in the previous year.
Features and benefits:
- 1% fuel surcharge waiver at all fuel stations across India, applicable on a minimum transaction of Rs 400.
- 5% fuel points at all IndianOil outlets and 5% fuel points on groceries and bill payments.
- Complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership.
IndianOil Axis Bank Credit Card
Card overview: the IndianOil Axis Bank credit card is designed for individuals that want to save on fuel expenses. The card offers value to the customers in the form of accelerated rewards points at IndianOil outlets and points on online shopping.
- Joining fees: Rs 500
- Annual fees: Rs 500 (From 2nd Year)
- Annual fee waiver: Rs 3,50,000 spent on the anniversary year of the card.
Features and benefits:
- A welcome benefit of 1250 EDGE REWARD points on the first transaction of the credit card within 30 days of card activation.
- 4% value back on fuel transactions by earning 20 points on every Rs 100 spent at any IndianOil outlet.
- 1% of fuel surcharge waiver up to Rs 50 on fuel spends from Rs 400 to Rs 4,000.
- Instant discount of 10% via BookMyShow for movie tickets.
IndianOil Kotak Credit Card
Card overview: the IndianOil Kotak credit card offers diverse benefits from fuel to dining along with value back on UPI transactions (with the RuPay variant). Reward points are gained on transactions that can be redeemed against cashbacks or product vouchers.
- Joining fees: Rs 449
- Annual fees: Rs 449
- Annual fee waiver: Rs 50,000 spent in the previous year.
Features and benefits:
- 1,000 reward points as welcome benefit on spending Rs 500 within the 30 days of card activation.
- 5% saved on fuel transactions across all IndianOil outlets.
- 2% value back as reward points on groceries and dining spends.
ICICI HPCL Super Saver Credit Card
Card overview: this credit card is designed for individuals who would like to save on their fuel expenses. This card offers up to 5% savings on fuel transactions at HPCL petrol pumps. This fuel credit card also caters to other services like utility bill payments.
- Joining fees: Rs 500
- Annual fees: Rs 500
- Annual fee waiver: On Spending over Rs 1,50,000 in the previous year.
Features and benefits:
- 5% cashback on fuel spends at HPCL outlets which includes 4% cashback on 1% fuel surcharge waiver.
- Complimentary roadside assistance 24/7.
- Additional 1.5% cashback as reward points on transactions made at any HPCL outlet across India.
ICICI Bank HPCL Coral Credit Card
Card overview: this credit card is customised for individuals who largely prefer HPCL petrol pumps over other fuel refineries. The ICICI Bank HPCL Coral credit card comes with a low annual fee with maximum benefits with an additional benefit of rewards on all transactions.
- Joining fees: Rs 199
- Annual fees: Rs 199
- Annual fee waiver: Rs 50,000 spent in the previous year.
Features and benefits:
- Up to 3.5% savings on fuel transactions at HPCL petrol pumps
- 1% of fuel surcharge waiver on fuel transactions from Rs 400 to Rs 4,000.
- 2.5% cashback rewards, cashback capped at Rs 100 a month, valid on a transaction of minimum Rs 500.
Also Read: 6 Best Credit Cards That Offer FREE Railway Lounge Access in India (2026)
Why should a person choose a low fee fuel credit card?
The main objective of a low fee fuel credit card is to get maximized benefits at the minimum maintenance cost. The utilisation of the credit card is justified to its average users. These cards offer fuel surcharge waivers, reward points and cashbacks on fuel transactions.
What are the key features to look out for in a fuel credit card?
- The fees and the limit of the credit card.
- The rewards that can be redeemed through reward points, giving maximum benefit and cashbacks.
- Acceptance at petrol pumps worldwide.
- Fuel surcharge waiver.
- A depth comparison between the credit cards.
In Conclusion
Low fee fuel credit cards offer a practical way for frequent drivers to conserve on rising fuel costs. By combining the annual fuel surcharge and the rewards earned, these cards deliver savings on everyday fuelling. Choosing the right card based on your fuel spend and fee-waiver conditions can help you maximise benefits while keeping costs under control.
Written by Atin Kevin
