Credit Card Compare

Complimentary IndianOil XTRAREWARDS Program (IXRP) membership

2,000 bonus reward points on spending Rs. 2,000 within 60 days of card issuance

5% fuel points at IndianOil outlets (Up to 250 fuel points per month for the first 6 months & up to 150 per month after that)

5% fuel points on groceries and bill payments (Up to 100 fuel points per month on each category)

1 fuel point per Rs. 150 spent on other purchases

1 Fuel Point = Rs. 0.20 against statement balance or 3 XtraRewards Point (XRP) or up to Rs. 0.20 for product catalogue

1 XRP = Rs. 0.32

10 reward points per Rs. 150 spent on dining, movies, departmental stores and grocery spends

1 reward point per Rs. 150 spent on other categories

1 reward point = Rs. 0.25

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Accelerated benefits on non-fuel spends (groceries and bills)

Multiple reward redemption options

Decent per reward value when redeemed as IOCL points

10X reward points on dining, movies, grocery and departmental store spends

Entry-level credit card with low annual fee and easier eligibility terms

Annual fee waiver condition of Rs. 1 Lakh in a year

Capping on fuel points earning

Low redemption value of fuel points for cashback or catalogue redemption

No travel benefits

Low base rate

Reward redemption options are limited to select brand vouchers only

No significant benefits other than the rewards program

Low reward rate as compared to some entry-level cashback cards

People who are IOCL loyalists, looking for a fuel credit card and want accelerated value back on spends made on IOCL fuel, groceries and bill payments

Beginners looking for a low-annual fee credit card with benefits on everyday categories