Fuel expenses can increase your monthly budget. Day by day fuel prices increase in India. Fuel credit cards can reduce this expense by providing cashback, reward points, and fuel surcharge waivers. Explore the best fuel credit cards in India that save you money.
1. IndianOil Axis Bank Credit Card
This is one of the best credit cards for those who frequently refuel at IndianOil pumps. Get various rewards cashback and EDGE points.
Key Features:
- Get 4% cashback on fuel purchases at IndianOil outlets.
- Earn a 1% fuel surcharge waiver on spending Rs. 400 to Rs. 4,000.
- There is 1 EDGE reward point available for spending Rs. 100.
- Annual fee waiver on spending Rs. 3.5 lakh in a year.
- Annual fee & joining fee Rs. 500.
2. SBI BPCL Octane Credit Card
SBI BPCL Octane Card is a premium version of a credit card. Get value back of 7.25% on fuel purchases from Bharat Petroleum Gas stations. Also, earn reward points on multiple categories like groceries, movies, and dining.
Key Features:
- Get welcome bonus points of 6,000.
- Enjoy 7.25% value back on fuel expenses.
- 25 reward points on Rs. 100 transaction at BPCL fuel.
- Available 10 reward points on Rs. 100 spent at groceries, departmental stores, and movie tickets.
- The annual fee is Rs. 1,499 wavier if you spend annually Rs. 2 lakh.
3. HDFC Bharat Cashback Credit Card
This credit card offers 5% cashback on fuel, grocery, mobile recharges, and shopping. Get up to Rs.50 lakh accidental death insurance cover. Enjoy the HDFC Bharat Cashback Credit Card with Rs. 500 joining and annual charges.
Key Features:
- Enjoy 5% cashback on grocery purchases.
- Get 5% cashback on fuel expenses.
- 1% fuel surcharge on fuel transactions through the card.
- Available up to 50 lakh death insurance cover.
- 5% cashback on railway ticket booking on the IRCTC website.
4. ICICI HPCL Coral Credit Card
ICICI Bank jointly launched the ICICI HPCL Coral Credit Card. You can enjoy up to 2.5% cashback on fuel expenses. Also, get 2 reward points on retail purchases. This credit card is available at a lower annual charge.
Key Features:
- Get 2.5% cashback on fuel expenses.
- 25% discount on movie tickets, booked via BookMyShow.
- Enjoy 2 reward points on retail purchases of a minimum of Rs. 100 transaction.
- The joining & Annual fee is Rs. 199.
- The annual fee is waived on a minimum Rs. 50,000 annual spend.
5. Standard Chartered Super Value Titanium Credit Card
This credit card is best suited for fuel & bill payment. Get a cashback of 5% around fuel and bill payments. Enjoy a 1% reward point on Rs. 150 spent using the card for other expenses.
Key Features:
- Available 5% cashback on fuel & bill payments.
- 5% cashback on expenses of phone bill.
- Get 1 reward point for every Rs. 150 spent on other expenses.
- Joining & Annual charges Rs. 750.
6. IndianOil Kotak Credit Card
With this card, you can enjoy a 4% reward point on IOCL petrol pumps. Explore benefits as a welcome gift of 1000 reward points. This card is available at Rs. 449 annual charge which is waived off on annual spending of Rs. 50,000.
Key Features:
- Enjoy 4% reward points on IndianOil Fuel Spends.
- Get 24 reward points for every Rs. 150 spent.
- Available welcome benefits of 1000 reward points.
- 1% fuel surcharge waiver on transactions between Rs. 100 to Rs. 5,000.
- 2% cashback on Grocery and Dining spending.
Also Read: Axis Bank Fibe Credit Card
How to Choose the Right Fuel Credit Card?
Fuel Brand Loyalty: Enjoy maximum reward points and cashback on refueling from BPCL, HPCL, or IndianOil Petroleum.
Spending Patterns: You can explore other benefits beyond fuel, such as grocery and utility cashback.
Annual Charges: Ensure your credit card has a lower annual fee.
Additional Perks: Look for add-on features like reward points, dining discounts, or surcharge waivers.
Conclusion
Fuel credit cards are save your expenses if you can use right way. Also, choosing the right credit card is one of the important factors. Enjoy cashback and additional perks with a fuel credit card.
But, you should research properly and compare every mile with the best fuel credit card in India!