1. IndianOil RBL Bank XTRA Credit Card

Joining Fee: Rs. 1,500 + Taxes
Annual Fee: Rs. 1,500 + Taxes

Fuel Savings: Up to 8.5% value-back as reward points

Key Features and Benefits:

• • 15 Fuel Points for every Rs. 100 spent at IndianOil fuel stations, up to 2,000 Fuel Points per month
  • 1% fuel surcharge waiver, up to Rs. 200 per month, on fuel spends between Rs. 500 and Rs. 4,000
  • 2 Fuel Points for every Rs. 100 spent on other categories
  • Redeem Fuel Points at a value of 1 Fuel Point = Rs. 0.50 and 1 XTRAREWARD Point = Rs. 0.30
  • 3,000 Fuel Points on first transaction of at least Rs. 500 within 30 days of card issuance
  • 1,000 Fuel Points on reaching the spending milestone of Rs. 75,000 in a calendar quarter

Offering an impressive 8.5% value-back, IndianOil RBL Bank XTRA Credit Card stands out as India’s best fuel credit card, particularly for those loyal to IOCL. By spending around Rs. 45,000 per month, cardholders can earn up to 250 litres of fuel in a year— outperforming the BPCL SBI Octane Credit Card by 1.25%. It is important to note that this card is specifically tailored for fuel expenses. Unlike other fuel cards like BPCL SBI Octane or IDFC FIRST Power Plus, which offer additional benefits on everyday purchases, this card focuses entirely on maximizing fuel savings. For daily commuters, this card is an excellent choice to maximize value on fuel spends.

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2. BPCL SBI Card Octane

Joining Fee: Rs. 1,499 + Taxes
Annual Fee: Rs. 1,499 + Taxes

Fuel Savings: Up to 7.25% value-back as reward points

Key Features and Benefits:

• 25 reward points per Rs. 100 spent at BPCL fuel, lubricants & Bharat Gas (website and app only), up to 500 points per month on Bharat Gas spends
• 10 reward points per Rs. 100 spent on dining, groceries, movies, and departmental stores, up to 7,500 points per month
• 1 reward point per Rs. 100 spent on other retail purchases
• 6,000 bonus reward points worth Rs. 1,500 on annual fee payment
• 4 Reward Points = Rs. 1
• 1% fuel surcharge waiver, up to Rs. 100 per month, on fuel spends of up to Rs. 4,000 made across BPCL petrol pumps in India
• 4 complimentary domestic lounge visits every year, max. 1 per quarter
• Rs. 2,000 e-gift vouchers from Aditya Birla Fashion/ Yatra/ Bata-Hush Puppies on Rs. 3 lakh annual spends
• Annual fee waived on reaching Rs. 2 lakh annual spends

Co-branded with Bharat Petroleum, the BPCL SBI Card Octane has long been a top contender among fuel credit cards in India, with an impressive reward rate of 6.25% on BPCL fuel spends. While it carries the highest annual fee among all cards in this list, the overall value-back justifies the cost, owing to accelerated earnings on movies, grocery, dining and departmental store spends. Moreover, its complimentary lounge access feature is also one of the best among all co-branded fuel credit cards providing up to 4 lounge access without any spend-based conditions.

Must read: Best Credit Cards for Reward Points | Check Eligibility for Top Fuel Credit Cards

3. HPCL IDFC FIRST Power Credit Card

Joining Fee: Rs. 199 + Taxes
Annual Fee: Rs. 199 + Taxes

Fuel Savings: 3.5% savings on fuel spends on HPCL fuel

Key Features and Benefits:

• 1.5% savings through HP Pay App: 6 Happy Coins on every Rs. 100 on fuel spends through HP Pay App, capped at 600 Happy Coins per month
• 2.5% savings On Grocery & Utility Spends: 15 reward points on every Rs. 150 spent, capped at 400 rewards per month
• 2.5% savings on IDFC FIRST FASTag Recharge:  via HPCL Power card as 15 reward points on every Rs. 150 spent, capped at 200 rewards per month
• 26.67% bonus reward points on hotel bookings made via IDFC FIRST Bank Mobile App
• 13.33% bonus reward points on flights made via IDFC FIRST Bank Mobile App
• Uncapped 2 reward points on every Rs. 150 via IDFC FIRST Power credit card
• Annual fee waiver on spending Rs. 50,000 in the previous year

HPCL IDFC FIRST Power Credit Card is designed for frequent fuel consumers, offering savings on fuel purchases at HPCL outlets. Cardholders can earn 21 reward points for every Rs. 150 spent on HPCL fuel, translating to up to 3.5% savings. Additional benefits include 1.5% savings through the HP Pay app with Happy Coins rewards, making fuel transactions even more rewarding. Comparatively low annual fee of Rs. 199 for the set of benefits offered makes it even more appealing for beginners.

Suggested Read: Credit Cards with Airport Lounge Access

4. ICICI HPCL Super Saver Credit Card

Joining Fee: Rs. 500 + Taxes
Annual Fee: Rs. 500 + Taxes

Fuel Savings: Up to 6.5% value-back as rewards and fuel surcharge waiver

Key Features and Benefits:

• 4% cashback, up to Rs. 200 per month, on fuel spends at HPCL pumps
• Additional 1.5% savings as 6 reward points per Rs. 100 spent at HPCL fuel outlets via HP Pay app
• 5% back as reward points, up to 400 points per month, on grocery, departmental store and utility bill spends
• 2 reward points per Rs. 100 spent on other retail purchases
• Bonus 2,000 reward points on spending Rs. 5,000 within 45 days of card issuance and on joining fee payment
• 1 reward point = Rs. 0.25
• 1% cashback on fuel surcharge applicable on all fuel spends worth up to Rs. 4,000
• Rs. 100 cashback on recharge via HP Pay app
• 1 complimentary domestic airport lounge access per quarter on spending Rs. 75,000 in the previous calendar quarter
• 25% off, up to Rs. 100 per transaction twice a month, on booking min. 2 movie tickets on BookMyShow and INOX
• Annual fee waived off on reaching annual spends of Rs. 1.5 lakh

With 4% cashback, 1% back on fuel surcharge and additional 1.5% rewards on HPCL fuel spends, ICICI HPCL Super Saver credit card offers decent saving on your fuel spends. Unlike most co-branded fuel credit cards, this card offers 1% back on fuel surcharge on all fuel spends, not just at partner outlets. Apart from rewards, movie benefit and lounge access are some more ways how cardholders can save. However, total accelerated earnings on this card are capped at Rs. 300 per month, which limits the overall saving potential. Despite this, ICICI HPCL Super Saver can be a good option for beginners.

Must read: Best Cashback Credit Cards in India | Check Eligibility for Top Fuel Credit Cards

5. IndianOil Axis Bank Credit Card

Joining Fee: Rs. 500 + Taxes
Annual Fee: Rs. 500 + Taxes

Fuel Savings: Up to 5% value-back as rewards and fuel surcharge waiver

Key Features and Benefits:

• EDGE reward points equivalent to the 1st fuel spend of up to Rs. 250 made within 30 days of card issuance
• 4% back as 20 EDGE reward points per Rs. 100 spent on fuel purchases of Rs. 400 to Rs. 4,000 at IOCL outlets in India, up to 1,000 points per month
• 1% back as 5 EDGE reward points per Rs. 100 spent on online shopping worth Rs. 100 to Rs. 5,000, up to 250 points per month
• 1 EDGE reward point per Rs. 100 spent on other spends
• 1 EDGE reward point = Rs. 0.20
• 1% fuel surcharge waiver, up to Rs. 50 per month, on fuel spends of Rs. 400 to Rs. 4,000
• Annual fee waived on reaching Rs. 3.5 lakh annual spends
• 15% off up to Rs. 500 on dining bills of min. Rs. 2,500 once per month via EazyDiner

The IndianOil Axis Bank credit card is a decent fuel credit card for those who prefer Indian Oil over other fuel refineries. With this card, you can receive a value-back of up to 5% on IOCL spends in the form of reward points (capped at Rs. 200 p.m.) and 1% surcharge waiver. In addition to fuel savings, the card offers 1% cashback (capped at Rs. 50 p.m.) on online spends and base reward rate across all other spends. While accelerated earnings are capped, similar to the ICICI Super Saver Card, additional perks such as dining and movie discounts, along with limited-time offers from select brands, add extra value for cardholders.

Must read: Best Entertainment Credit Cards in India | Check Eligibility for Top Fuel Credit Cards

6. IndianOil Kotak Credit Card

Joining Fee: Rs. 449 + Taxes
Annual Fee: Rs. 449 + Taxes

Fuel Savings: Up to 5% back as rewards and fuel surcharge waiver

Key Features and Benefits:

• 4% back as 24 reward points per Rs. 150 spent on IndianOil fuel, up to 1,200 points per month
• 1% fuel surcharge waiver, up to Rs. 100 per month, on fuel spends of Rs. 100 to Rs. 5,000 at IndianOil outlets
• 2% back as 12 reward points per Rs. 150 spent on grocery and dining, up to 800 points per month
• 0.5% back as 3 reward points per Rs. 150 spent on other categories, including UPI
• 1,000 reward points on a transaction of min. Rs. 500 within 30 days of card issuance
• 300 Kotak Reward Points = 250 IndianOil XTRAREWARDS = Rs. 75
• 1 reward point = Rs. 0.25 & 1 IndianOil XTRAREWARDS = Rs. 0.30
• Annual fee waived off on reaching Rs. 50,000 spends in the previous year

Another fuel credit card co-branded with Indian Oil, this card offers a saving of up to Rs. 300 p.m. on fuel spends in the form of reward points. Much like other fuel cards, the Indian Oil Kotak Card also provides accelerated earning on everyday categories like grocery and dining. Rewards on fuel are capped at 1,200 points per month, which means users can get the benefits on transaction value of Rs. 7,500 per month.

Must read: Best Credit Cards for Utility Bill Payments | Check Eligibility for Top Fuel Credit Cards

7. IndusInd Bank Jio-bp Mobility+ Credit Card

Joining Fee: Rs. 499 + Taxes
Annual Fee: Nil

Fuel Savings: Up to 4% back as rewards and fuel surcharge waiver

Key Features and Benefits:

• 3% back as 12 Smiles per Rs. 100 spent at Jio-bp fuel stations
• 1% fuel surcharge waiver on Jio-bp fuel spends
• 5 Smiles per Rs. 100 spent on groceries, supermarket and dining spends
• 2 Smiles per Rs. 100 spent on all other eligible spends; 1 Smile = Rs. 0.25
• 200 bonus Smiles on min. Rs. 4,000 monthly spends on Jio-bp ecosystem
• Up to 4,000 extra Smiles as annual milestone bonus
  

As a fuel credit card with zero annual fee, IndusInd Jio-bp Mobility+ allows consumers to save up to 4% as rewards and surcharge waiver on co-branded fuel expenses. It also offers decent value-back of 2.25% on dining and grocery spends. The rewards are accumulated as Smiles, i.e. Jio-bp loyalty points, which can later be redeemed for future purchases at any Jio-bp fuel stations. pump. Bonus Smiles are accrued on spending up to Rs. 2 lakh in a year which further add to the overall value-back that one can earn through this card.