1st Year Fee: ₹500* Plus Applicable Taxes
Fuel Benefits
Up to 6% savings on IOCL fuel spends
Rewards Benefits
Up to 10X Fuel Points on card spends
Fee Waiver
Fee waived on Rs. 1.75 lakh annual spends
Author: Lepakshi Phogat
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fue; IndianOil RBL Credit Card is one of the two RBL cards – IndianOil RBL and IndianOil RBL XTRA – offered in association with IndianOil Corporation Ltd. It offers a value-back of up to 6% on IOCL fuel spends in the form of Fuel Points and fuel surcharge waiver. Cardholders can also earn Fuel Points at the base rate on non-IOCL fuel spends. Cardholders can get up to 100 litres of free IOCL fuel through the Fuel Points they earn every year. This fuel savings rate comes as a good competitor among other IOCL co-branded cards offered by other banks, like HDFC, Axis and Kotak Mahindra bank, which come at a similar fee. Read further to know how Indian Oil RBL Credit Card fares in comparison with other similar IOCL fuel credit cards. Note: This Card is not available on Paisabazaar.com. The content on this page is for information only. To express interest in this card, please visit RBL Bank’s website. Details mentioned in the video have been sourced from the issuer’s website as of Sep 2024. For updated information, refer to this page. This RBL bank credit card offers Fuel Points as rewards on your card spends as follows: In addition to the rewards program, IndianOil RBL Bank Credit Card comes with some other features for its users as given below: 1,000 Fuel Points on making the first card spend worth at least Rs. 500 within 30 days of card issuance. Annual fee waived off on reaching spending threshold of Rs. 1.75 lakh in a calendar year. 1% fuel surcharge waiver, up to Rs. 100 per month, on fuel purchases worth Rs. 500 to Rs. 4,000. Also Read: Best Credit Cards in India 2025
You regularly use your vehicle to commute and hence spend considerably on fuel
You are an IndianOil loyalist, so prefer IOCL fuel over others like BPCL and HPCL
You can maximise your value-back by using the accrued Fuel Points for IOCL fuel purchases
You are looking for a fuel card that offers rewards and do not need a card with direct cashback, discount offers or an accelerated value-back on other spending categories
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BPCL SBI Card Rewards3.5/5 Fuel Benefits3.5/5 Welcome Benefits3.0/5 IndianOil RBL Bank Credit Card is a good choice for those who are loyal to IOCL fuel brand and wish to get a fuel credit card with good savings but at a low annual fee. This card offers 5% value-back as rewards on IOCL fuel spends and 1% savings as fuel surcharge waiver, making the total fuel savings equal to 6% which is quite a decent figure for a fuel card within this fee bracket. The annual fee of Rs. 500 can also be waived off by reaching the annual spend threshold of just Rs. 1.75 lakh. So, IOCL loyalists who use their vehicles extensively throughout the year can manage to maximise their savings on fuel spends via this card. Click here to know More Terms and Conditions Lepakshi is a content writer specialising in personal finance and credit cards. She translates complex financial concepts into practical advice, helping readers make informed financial decisions. Whether it is helping them choose the right credit card or offering strategies to build their credit score, she writes to make personal finance less intimidating and more empowering. Check eligibility for best credit cardsAbout IndianOil RBL Bank Credit Card
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IndianOil RBL Bank Credit Card: Fees & Charges
Particulars
Amount
Joining/Annual Fee
Rs. 500 + applicable taxes
Finance Charges
Up to 3.99% p.m. (Up to 47.88% p.a.)
Late Payment Charges
12.5% of the total outstanding amount (min. Rs. 5 and max. Rs. 1,300)
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