IndianOil HDFC Bank Credit Card
A fuel card for IndianOil pumps paying Fuel Points: 5% at IndianOil outlets (up to 150 points a month after the first 6 months), 5% on groceries and on bill payments (up to 100 points a month each), 1 point per ₹150 elsewhere; a point is worth ₹0.20 as statement credit or ₹0.96 as free fuel at IndianOil. Every figure below is copied from HDFC Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹500 plus GST Fee schedule |
|---|---|
| Annual fee | ₹500 plus GST Fee schedule |
| Annual fee waiver | On ₹50,000 of spend in the year Product page |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST Product page |
| Reward redemption fee | ₹50 plus GST Terms |
Rewards
Reward points, ₹0.20 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| Fuel at IndianOil outlets, card swipe (5%: 200 points on ₹4,000) | 200 points per ₹4,000 Product page | up to 150 points a month Product page |
| Groceries (5%: 100 points on ₹2,000) | 100 points per ₹2,000 Product page | up to 100 points a month Product page |
| Utility and telecom bills (5%: 100 points on ₹2,000) | 100 points per ₹2,000 Product page | up to 100 points a month Product page |
| Other purchases, including UPI | 1 point per ₹150 Product page | no cap on record |
The IndianOil cap is 250 points a month in the first 6 months and 150 after; the 5% at IndianOil applies to card swipes, not UPI.
No rewards on
- Fuel at other pumps (and EMI, wallet loads, jewellery) Terms
- Rent and government payments Product page
- Wallet loads, insurance, tax, EMI and cash advances Terms
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge waived at all fuel stations on fills of ₹400 or more, up to ₹250 a statement cycle Product page
- Welcome: ₹250 voucher on activation and one transaction within 37 days Product page
Also on this card
Quoted from HDFC Bank; not counted in the net value.
- Fuel Points convert to free fuel at IndianOil at ₹0.96 a point (500 points = ₹480 of fuel) Terms
- Complimentary IndianOil XTRAREWARDS (IXRP) membership Product page
Eligibility
- Age 21 or above Product page
- Salaried: age 60 or below Product page
- Self-employed: age 65 or below Product page
- Salaried: net monthly income above ₹12,000 Product page
- Self-employed: income tax return above ₹6 lakh a year Product page
Not published by HDFC Bank in the documents read
- whether a Visa or Mastercard variant is offered besides RuPay
Where HDFC Bank’s documents differ, and what is used
- Groceries: the terms list supermarkets, bakeries and package stores among spends that earn nothing, yet include grocery MCCs 5411, 5499, 5921 and 5462 in the 5% category; the product page and value chart give 5% on groceries, which is used.
- Salaried income: the eligibility section says above ₹12,000 a month; the FAQ on the same page says above ₹10,000. ₹12,000 is used.
The quotes behind the figures
32 figures, each copied from an official HDFC Bank document.
Show every quote and source
“Joining Fee: ₹500 plus Applicable Taxes”
“Renewal Fee: ₹500 plus Applicable Taxes”
“Spend ₹50,000 or above in the first year and get a waiver on the renewal membership fee”
“3.5% Mark-Up fee will be applicable on all International / Cross currency transaction”
“The redemption against the statement balance will be at the rate of 1 Fuel Point = 0.2”
“Petrol (IOCL Pumps) 4000 5% 200”
“Applicable on card swipes, Max 250 Fuel Points per month in first 6 months, Max 150 Fuel Points post 6 months from card issuance*”
“Earn 5% of your spends as Fuel Points at IndianOil outlets*”
“*Accelerated 5% Fuel Points benefit will be given only for non-UPI transactions done at IndianOil Retail Outlets.”
“Groceries 2000 5% 100”
“Earn 5% Fuel Points on Groceries & Bill Payments (POS & online; max 100 points/month per category*).”
“Utilities 2000 5% 100”
“Earn 1 Fuel Point for every ₹150 spent on other purchases, including UPI transactions.”
“Exclusion for 1 FP for every INR 150 - Fuel, Rent, Government related transactions, EMI, Wallet and Jewellery.”
“There will be no Reward Points accrual on Spends made on Rental and Government category payments”
“2.1 Reward Points will not be accrued for the following transactions using IOCL HDFC Bank Credit Card 1. Wallet 2. Rent 3. Government related transactions 4. Supermarkets 5. TAX 6. EMI (all type) 7. Vending Machine - Miscellaneous foods 8. Package Stores, beer, wine, liquor 9. Bakeries 10. Cash advances, Purchase of travellers' cheques 11. Insurance”
“The markup fee on cross-currency transactions made through the IndianOil HDFC Bank Credit Card is 3.5% of the transaction amount.”
“The minimum Reward Points balance required for redemption against the statement balance is 12,500 Fuel Points.”
“1 Fuel Point (FP) = 3 XTRAREWARD points (XRP) 1 XRP = Rs. 0.32 1 FP = Rs. 0.96”
“Net Monthly Income> ₹10,000”
“Effective 1st August 2024, if you redeem your rewards towards statement credit (CashBack), a 50 redemption fee will be charged.”
“1% Fuel Surcharge waiver at all Indian fuel stations (min ₹400/transaction, max ₹250/cycle)”
“INR 250 worth of voucher upon card activation and completion of at least one transaction within 37 days from card issuance date”
“If you redeem 500 fuel points, you can get free fuel equivalent to Rs. 480.”
“Complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership”
“Popular IndianOil Credit Card”
“Age: Minimum 21 years, Maximum 60 Years”
“Age: Minimum 21 years, Maximum 65 years”
“Net Monthly Income: > ₹12,000”
“Annual Income: ITR > ₹6 lakh per annum”
“You can choose any of the following easy options to apply for your HDFC Bank Credit Card:”
“We have considered that the card is RuPay variant.”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with HDFC Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is HDFC Bank’s own file from its website, unaltered, fetched 2026-10-15. Methodology