10 Best Fuel Credit Cards in India (2024)

What are Fuel Credit Cards?

Fuel credit cards, also known as gas credit cards, are specialized credit cards designed for use at gas stations and for fuel-related expenses. These cards offer specific benefits and rewards tailored to fuel purchases, making them attractive options for individuals who frequently drive or commute. Fuel credit cards can be valuable tools for saving money on fuel expenses and earning rewards for everyday purchases, especially for individuals who frequently drive or commute long distances.

Key Takeaways:

• Fuel credit cards often offer rewards, discounts, or cashback incentives for purchases made at gas stations.
• Many fuel credit cards are affiliated with specific gas station chains or networks, offering additional rewards or discounts when used at those locations.
• Fuel credit cards may offer other benefits such as travel insurance, roadside assistance, or extended warranties on vehicle-related purchases.

Top 10 Best Fuel Credit Cards in India

BPCL SBI Card Octane

A co-branded credit card called the BPCL SBI Card Octane is provided by State Bank of India (SBI) and Bharat Petroleum Corporation Limited (BPCL). Designed with regular drivers in mind, it provides a number of advantages, such as quicker reward points on fuel purchases at BPCL locations, which lowers the cost of refilling.

Joining Fee	₹1499
Annual Fee	₹1499 (Reversed on spending ₹2 lakh in a year)
Joining Benefits	₹6,000 bonus reward points worth ₹1,500 on the payment of joining fee
Pros	25X reward points on fuel purchases at BPCL Multi-faceted reward points across dining, movies, groceries and departmental stores 4 complimentary lounge visits per calendar year
Cons	Fuel benefits are limited to BPCL pumps only Fuel surcharge waiver is capped at Rs. 100 per month Low rewards rate on other retail spends
Key Features	Welcome benefits worth ₹1,500 ₹2,000 e-gift voucher from Aditya Birla Fashion/ Yatra/ Hush Puppies/ Bata on ₹3 lakh Complimentary fraud liability cover of ₹1 lakh 4 complimentary visits per calendar year to domestic VISA lounges in India 1% fuel surcharge waiver (up to ₹100 in a month) on transactions of up to ₹4,000
Eligibility	Age: 21-70 years Occupation: Available to both Salaried and Self-employed Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The BPCL SBI Card Octane presents an enticing package for frequent fuel consumers, offering generous rewards and benefits. However, its exclusivity to BPCL pumps and limited fuel surcharge waiver might deter users who seek flexibility in fueling options. Nonetheless, its welcome benefits and complimentary lounge visits add significant value for targeted consumers.

ICICI HPCL Super Saver Credit Card

A co-branded credit card designed for drivers looking for extra benefits and fuel savings is the ICICI HPCL Super Saver Credit Card. With alluring perks like eating discounts and rewards on buying fuel at HPCL pumps, it’s an appealing option for regular travelers and eaters.

Joining Fee	₹500
Annual Fee	₹500
Joining Benefits	₹2,000 reward points and ₹100 cashback on HP Pay app
Pros	Complimentary Lounge Access – ₹5000 spend required in previous quarter Complimentary Roadside Assistance (RSA) – Some new stuff 25% discount (up to ₹100 per transaction) on movie ticket bookings on BookMyShow and INOX movies individually, twice a month
Cons	This newly launched HPCL super saver credit card is just as conservative as other ICICI HPCL cards when it comes to rewards. Simple changes could have been done to existing HPCL credit card and save time in setting up a new product altogether.
Key Features	2,000 reward points on ₹5,000 spends & ₹100 cashback on recharge via HP Pay app as joining bonus 4% cashback of up to ₹200 per month on fuel purchases at HPCL pumps 5% reward points, up to 400 points/month worth ₹100, on grocery, departmental store & utility bill spends Additional 1.5% savings at the rate of 6 points per ₹100 spent on fuel at HPCL fuel outlets via the HP Pay app 1 complimentary domestic lounge access per quarter, subject to spending ₹5,000 in the previous quarter
Eligibility	Occupation: Salaried or Self-employed Minimum Income: Salaried or Self-employed Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The newly launched HPCL Super Saver credit card appears to offer enticing rewards and benefits for fuel consumers, particularly with its cashback and reward points structure. However, its resemblance to existing ICICI HPCL cards may deter potential users seeking innovative features. Nonetheless, its cashback and reward points make it a competitive option.

Indian Oil Axis Bank Credit Card

Indian Oil Axis Bank Credit Card is designed for people who regularly buy fuel from Indian Oil locations. Profitable perks are available with this co-branded card, including as bonus points for restaurants and grocery, fuel fee exemptions, and expedited reward points on fuel purchases.

Joining Fee	₹500
Annual Fee	₹500
Joining Benefits	100% cashback (Up to ₹250) on your fuel transactions in the first 30 days of card issuance
Pros	The card provides cashback on fuel purchases at Indian Oil outlets. It also offers welcome rewards like bonus points or cashback upon card activation or meeting initial spending requirements. Additional benefits include discounts on dining, shopping, travel, or entertainment expenses.
Cons	The card’s rewards may be restricted to fuel purchases at Indian Oil outlets. Making it unsuitable for users from other fuel stations. Qualifying may require specific income or credit score requirements, and redemption options may be limited.
Key Features	15% off on dining at partner restaurants via EazyDiner 100% cashback of up to ₹250 on making 1st fuel spend within the 1st 30 days 1% value back on online spends & 1 reward point/₹100 other category spend 1% fuel surcharge waiver of up to ₹50 per month on fuel spends of ₹200 to ₹5,000
Eligibility	Occupation: Salaried or Self-employed Minimum Income: Salaried or Self-employed Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The Indian Oil Axis Bank Credit Card presents a compelling offer with its initial fuel transaction cashback and ongoing rewards structure. However, its exclusivity to Indian Oil outlets may limit its appeal to users who frequent other fuel stations. Nonetheless, its additional benefits like dining discounts and online spend rewards enhance its overall value proposition for targeted consumers.

HDFC Bharat Credit Card

The HDFC Bharat Credit Card is designed to satisfy the demands of people looking for advantages and financial comfort. With an emphasis on affordability, it provides a number of benefits, such as cashback incentives on particular purchases, such as fuel, food, and bill payments, which increases cardholder savings.

Joining Fee	₹500
Annual Fee	₹500 (Waived off on annual spends of ₹50,000)
Joining Benefits	5% cashback on ticket bookings, groceries, bill payments, mobile recharges & fuel expenses
Pros	Specifically designed to give those who live in rural and semi-urban regions access to lending services. Possibility of receiving cashback incentives for a range of purchases, improving affordability. A wider spectrum of people can join due to the low yearly and joining costs.
Cons	Due to its emphasis on semi-urban and rural areas, it has limited adoption in some metropolitan areas or for high-value transactions. May have interest rates that are greater than those of regular credit cards, which might raise the total cost of repayment. Limited features and advantages in comparison to premium credit cards, which limits customers’ rights and rewards.
Key Features	5% cashback up to ₹150 per month on IRCTC tickets, fuel, groceries, bill payment & mobile recharge 5% cashback up to ₹150 per month on PayZapp, EasyEMI & SmartBUY spends 1% surcharge waiver up to ₹50 per month on fuel spends of ₹400 and above
Eligibility	Age Requirement: 21-60 years Occupation: Salaried or Self-employed Income Requirement for Salaried Applicants: ₹12000 p/m Income Requirement for Self-employed Applicants: ITR > ₹2 lakh p.a. Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The HDFC Bharat Credit Card offers a tailored solution for those in rural and semi-urban areas, providing access to credit facilities and cashback rewards on essential purchases. While it may have limited acceptance in urban areas and slightly higher interest rates, its affordability and benefits make it a suitable option for its target demographic.

Indian Oil HDFC Credit Card

The Indian Oil HDFC Credit Card is designed for people who want to save as much money as possible on their fuel costs. The value offer is enhanced overall since cardholders receive benefits and discounts at partner establishments and Indian Oil shops. Its value goes beyond fuel expenditures with features like expedited reward points on eating and grocery spending.

Joining Fee	₹500
Annual Fee	₹500
Joining Benefits	Get 5% back on your fuel spends at Indian Oil outlets as ‘Fuel Points’
Pros	Facilitates accumulating reward points for fuel transactions made at Indian Oil locations. Take advantage of reward and discount offers on gasoline purchases as well. Take advantage of incentives like fuel fee exemptions and expedited reward points.
Cons	Limited utility beyond fuel purchases. May have annual fees or other charges. Rewards may have restrictions or expiry dates.
Key Features	Complimentary Indian Oil XTRAREWARDSTM Program (IXRP) membership. Spend ₹50,000 and above in the previous year and get your renewal fee waived off. 1% surcharge waiver (Max. of ₹250 per statement cycle) on your fuel transactions. This is applicable on a minimum transaction value of ₹400. The fuel points earned with this credit card are valid for two years from the date of accrual.
Eligibility	Age: 21-60 years/Income: Minimum ₹10,000 per month Salaried or Self-employed: Age: 21-65 years/Income: ITR > ₹6 lakh per annum Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The Indian Oil HDFC Credit Card offers enticing benefits for frequent fuel purchasers, with rewards and discounts specifically tailored for Indian Oil transactions. However, its usefulness beyond fuel expenses is limited, and users should be mindful of annual fees and reward expiry dates. Overall, it’s a suitable choice for those who prioritize fuel savings and frequent Indian Oil outlets.

ICICI Bank HPCL Coral Credit Card

A co-branded product, the ICICI Bank HPCL Coral Credit Card is intended to satisfy the requirements of frequent drivers and foodies. The card offers significant savings on fuel and rewards at HPCL gas stations, which makes it an affordable option for individuals who depend on their cars frequently. It also has appealing fuel perks.

Joining Fee	₹199
Annual Fee	₹199 (Reversed on an annual spend of ₹50,000)
Joining Benefits	2.5% cashback on fuel purchases at HPCL pumps
Pros	Provides rebates and appealing gasoline savings at HPCL gas stations, making it affordable for regular drivers. Offers cardholders discounts at affiliated restaurants to improve their eating experience. Every transaction earns reward points that may be exchanged for a variety of goodies, including products, gift cards, and statement credits.
Cons	Because it is a co-branded card, its acceptability outside of HPCL and partner establishments may be restricted. There can be an annual charge, which, if not used wisely, might offset part of the advantages. Because standard interest rates on outstanding amounts might be somewhat high, it’s critical to exercise responsible money management when making purchases and payments.
Key Features	2 ICICI Bank Rewards Points per ₹100 retail spend, except fuel 15% off on dining via ICICI Bank Culinary Treats program 1% surcharge waiver on HPCL fuel spends of up to ₹4,000 per transaction
Eligibility	Age: 18-60 years Occupation: Salaried or Self-employed Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The ICICI Bank HPCL Coral Credit Card offers enticing benefits for both fuel and dining expenses, along with a rewarding points system. However, its restricted acceptance outside HPCL and partner establishments, coupled with potential annual fees and high interest rates, necessitate careful consideration to maximize its advantages effectively.

IDFC FIRST Power + Credit Card

With a plethora of advantages, the IDFC FIRST Power+ Credit Card is an alluring option. It increases savings for cardholders with its alluring benefits and cashback on a range of categories, including restaurants, grocery, and overseas purchases. For frequent travelers, it also provides free access to airport lounges, making travel even more enjoyable.

Joining Fee	₹499
Annual Fee	₹499
Joining Benefits	₹250 cashback on transactions of minimum ₹250 via HPCL Power card ₹500 cashback on transaction of minimum ₹500 via HPCL Power Plus card
Pros	Maximizes savings for members by providing appealing rewards and returns on a range of categories, including dining, grocery, and utility bill purchases. Gives frequent travelers access to free airport lounges, improving their travel experience. Has no enrollment fees, making it affordable for a larger group of clients without any up-front expenses.
Cons	Requires a relatively high minimum income for eligibility, potentially excluding some applicants. Being a newer entrant in the credit card market, it might have limited acceptance compared to more established card issuers. Incurs foreign transaction fees, which could add to costs for international travelers.
Key Features	1 complimentary domestic airport lounge access per quarter on min. monthly spends of ₹5,000 25% off up to ₹100 on movie tickets once every month 30 rewards per ₹150 spent on grocery, utilities & IDFC FIRST FASTAG and 3 rewards on others Low interest rates of 0.75% to 3.5% per month (9% to 42% p.a.)
Eligibility	Age: Minimum 21 years Nationality: Indian Annual Income: ₹3 lakhs

Opinion: The IDFC FIRST Power+ Credit Card offers compelling rewards and benefits, including cashback on transactions and access to airport lounges. However, its eligibility criteria based on a high minimum income might limit accessibility, and its acceptance could be constrained due to its relatively recent introduction to the market. Nonetheless, its perks make it appealing for qualifying individuals seeking value from their card usage.

Indian Oil Kotak Credit Card

Regular Indian Oil consumers may take advantage of a number of incentives specifically designed to offset their fuel-related expenses with the Indian Oil Kotak Credit Card. Customers may save a lot of money on their purchases of petroleum products and diesel by using this card to take advantage of enticing fuel rebates and reward opportunities.

Joining Fee	₹449
Annual Fee	₹449
Joining Benefits	1,000 bonus reward points
Pros	Offers regular drivers savings with enticing discounts and rebates on fuel bought at Indian Oil locations. Every transaction earns reward points that may be used for items, fuel coupons, or statement credits. Offers members a better eating experience by providing discounts at partner restaurants.
Cons	It might not be widely accepted outside of Indian Oil stores and affiliated businesses because it is a co-branded card. There could be an annual cost for this, which, if not used wisely, could outweigh some of the advantages. It’s critical to control expenditures and payments because standard interest rates on outstanding debt can be somewhat high.
Key Features	3 reward points per ₹150 spent 1,000 reward points on making a transaction of minimum ₹500 in the 1st month Personal accident insurance cover of ₹2 lakh 1% fuel surcharge waiver of up to ₹100 per month on IOCL fuel spends between ₹100 to ₹5,000
Eligibility	Age: 18 to 65 years Occupation: Salaried or Self-employed Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The Indian Oil Kotak Credit Card presents attractive benefits for frequent drivers, including fuel discounts and reward points. However, its limited acceptance outside of Indian Oil outlets and the potential annual fee may deter some users. Despite this, its rewards structure and joining benefits make it appealing for those primarily focused on fuel savings.

IDFC FIRST Millennia Credit Card

With a number of features, the IDFC FIRST Millennium Credit Card meets the needs of today’s consumers. It offers speedy reward points on areas like grocery, restaurants, and internet shopping, along with hefty incentives. It guarantees accessibility and value for money with no membership fees and an annual fee waiver upon achieving a specific spending level.

Joining Fee	NIL
Annual Fee	NIL
Joining Benefits	3 reward points per ₹150 spent on offline spends
Pros	Provides users with substantial discounts by offering alluring cashback returns on a range of categories, including dining, grocery, and utility bill payments. Offers deals and discounts for travel, leisure, and shopping, improving consumers’ overall quality of life. Has no enrollment fees, making it affordable for a larger group of clients without any up-front expenses.
Cons	It imposes a hefty minimum income requirement, which can disqualify some applications. It may not be as well-liked as more established card issuers because it is a relatively recent addition to the credit card industry. Incurs foreign transaction fees, which may raise the price for tourists visiting other countries.
Key Features	1X= 1 Reward Point per ₹150 spent Redemption value of 1 Reward Point = ₹0.25 Rent payment will accrue reward points at 3X rate, however, they will not be a part of 10X reward program and 10X threshold calculations
Eligibility	Age: Minimum 21 years Annual Income: ₹3 lakhs Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The IDFC FIRST Millennia Credit Card stands out with its appealing features such as cashback rewards on various spending categories and lifestyle benefits. However, its stringent eligibility criteria, limited acceptance compared to more established issuers, and foreign transaction fees could deter potential applicants seeking a hassle-free credit card experience.

TATA STAR Titanium Credit Card

For those eager to maximize their spending inside the Tata Star loyalty program, the TATA STAR Titanium Credit Card is an intriguing offer. It provides a means to earn substantial discounts and advantages with its abundant reward points on eating, grocery, and foreign purchases.

Joining Fee	₹499
Annual Fee	₹499
Joining Benefits	Will get a welcome e- gift voucher of ₹500 from STAR
Pros	Provides cardholders who spend money on the Tata Star loyalty program attractive reward points, which they can then use to make purchases. Offers exclusive discounts and deals at affiliated eateries to improve the eating experience while saving money. Waiver of gasoline fees at participating gas stations, making it cost-effective for drivers who use it frequently.
Cons	Its acceptability may be limited outside of Tata partner institutions due to its co-branding. There is a yearly cost associated with this, which may outweigh some advantages if not used wisely. Has a hefty minimum income requirement, which can disqualify some applications.
Key Features	Get 3 reward points for every ₹100 that you spend on grocery and departmental stores, dining, and any international spends. Spend based fees reversal on spends of ₹1,00,000 and above annually. You will get a welcome e- gift voucher of ₹500 from STAR.
Eligibility	Age: 21 to 65 years Nationality: Indian Documents Required: Proof of Identity (Available to both Salaried and Self-employed), Proof of Address (Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 month’s old, Ration Card, Property Registration Document), Proof of Income (Latest one or 2 salary slip (not more than 3 months old), Latest Form16, Last 3 months’ bank statement)

Opinion: The TATA STAR Titanium Credit Card offers enticing benefits such as attractive reward points and dining discounts, making it appealing for those who frequently spend within the Tata Star loyalty program. However, its limited acceptance beyond Tata-affiliated establishments and associated annual fees could deter some potential users despite its perks.

Conclusion

In conclusion, fuel credit cards are a useful and beneficial tool for customers looking to reduce their gas costs while gaining extra benefits. These credit cards usually provide alluring benefits like cashback, rebates, or reward points on gas purchases, which lowers the total cost of auto maintenance. Furthermore, several fuel credit cards provide advantages that go beyond fuel purchases, such as meal discounts, vacation rewards, and other lifestyle bonuses. However, in order to optimize the advantages and minimize any potential disadvantages like yearly fees or restricted acceptance, users should proceed with prudence and choose a card that corresponds with their spending patterns and preferences. In the end, fuel credit cards function as a tactical financial tool for drivers, offering a variety of additional benefits in addition to savings at the pump.

10 Best Fuel Credit Cards in India (2024) – FAQs

Can credit cards for fuel be used for items other than fuel?

Yes, one may usually use their fuel credit card for both fuel and non-fuel purchases.

Are there any special requirements for receiving fuel credit cards?

Yes, much like other credit cards, fuel credit cards frequently have qualifying requirements that depend on factors like age, income, and credit history.

Does the fuel credit card have any limitations on where one may use it?

While most gas stations accept gasoline credit cards, there could be limitations on which brands or locations can take them.

How can a person get the most of their fuel credit card benefits?

Users have to take into account variables like gasoline rewards rates, bonus categories, and redemption alternatives in order to optimize the advantages of a fuel credit card.