IndianOil RBL Bank Credit Card
A fuel co-brand card: 10 fuel points per ₹100 at select IndianOil stations (up to 1,000 a month) and 1 per ₹100 elsewhere, points worth ₹0.50 when converted to XTRAREWARDS at IndianOil pumps, plus a 1% surcharge waiver; ₹500 fee waived on ₹1.75 lakh a year. Every figure below is copied from RBL 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 MITC |
|---|---|
| Annual fee | ₹500 plus GST MITC |
| Annual fee waiver | On ₹1,75,000 of spend in the year Product page |
| GST on fees | 18% |
| Foreign-currency markup | 3.5% of the transaction, plus GST MITC |
| RBL's key fact statement gives the joining fee as NIL and charges a ₹500 membership fee in the first year and each year after; the first-year fee is shown here as the joining fee. The fee waiver applies only once the annual fee has been paid. | |
Rewards
Reward points, ₹0.50 each when redeemed as stated Terms.
| Spend | Earns | Cap |
|---|---|---|
| Fuel at select IndianOil stations (10 fuel points per ₹100, up to 1,000 a month) | 10 points per ₹100 Terms | up to 1,000 points a month Terms |
| Other eligible spends, including fuel at other pumps (1 fuel point per ₹100) | 1 point per ₹100 Terms | no cap on record |
The 10-point rate applies only at IndianOil stations on RBL's list of eligible terminals; other IndianOil pumps may earn less. Offline UPI payments under ₹2,000 at small merchants on the RuPay variant earn no points. Fuel points used on RBL's rewards portal are worth ₹0.10 and carry the ₹99 + GST redemption fee; conversion to XTRAREWARDS above 5,000 points is exempt from that fee.
No rewards on
- Utilities, insurance, railways, rent, education, wallets and government services (also quasi-cash, contracted services, cash, Bills2Pay and EMI) Terms
Benefits
- Lounges: none on record
- Fuel: 1% fuel surcharge waived on fills of ₹500 to ₹4,000, up to ₹100 a month Product page
- Welcome: 1,000 fuel points on a spend above ₹500 within 30 days, once the first fee is paid Terms
Also on this card
Quoted from RBL Bank; not counted in the net value.
- RuPay variant works on UPI and as an NCMC transit card Product page
Eligibility
The issuer does not publish its criteria on the pages read. Approval is its own decision.
Not published by RBL Bank in the documents read
- eligibility criteria
- a statement-credit value for fuel points
The quotes behind the figures
21 figures, each copied from an official RBL Bank document.
Show every quote and source
“RBL Bank IndianOil Credit Card INR 500 INR 500 (NIL on eligible annual spends of INR 1.75 lakh) INR 200”
“Currently, standard rate of 18% will be levied on all Fees & charges under this MITC.”
“Annual fee waived if you spend more than INR 1,75,000 per year.”
“3.5% on all cards 2% on NovaTM Credit Card”
“1 Fuel Point = INR 0.5 on IOCL Petrol Pump, Value of 1 (One) XTRAREWARDS Point = INR 0.30, 3 Fuel Point = 5 XTRA Reward Point.”
“10 Fuel Points for every purchase transaction of INR 100 at IndianOil fuel stations (up to 1000 Fuel Points in a month).”
“Get accelerated 10 fuel points on every INR 100 spent at IndianOil fuel stations (Maximum 1,000 fuel points per month)”
“Accelerated fuel points is extended on select Indianoil fuel stations.”
“The Cardmember is eligible for 1 Fuel Point per INR 100 spent on all purchases other than excluded categories and IndianOil fuel stations.”
“It is hereby clarified that the above-mentioned Fuel points cannot be accrued on category purchases made on: Utilities, Insurance, Quasi-Cash, Railways, Real Estate/Rental, Education, Wallets/Service Providers, Government Services”
“your IndianOil RBL Bank Credit Card comes with a Membership Fee of INR 500 + GST.”
“1 Fuel Point = INR 0.1 on redemption at RBL Bank rewards portal (except XTRA Reward Point conversion).”
“If the Cardmember makes valid purchase equal or greater than INR 1.75 Lacs annually, the said Cardmember is entitled for an annual membership fee waiver of INR 500 exclusive of taxes.”
“IOCL Credit Card - RBL Rewards Conversion >5000”
“offline UPI transactions under INR 2,000 done at small merchants on RBL Bank RuPay Credit Card will not be eligible for rewards points”
“Upon every fuel purchase for an amount between INR 500 and INR 4,000 (inclusive of both the amounts and excluding the surcharge amount) made by the Cardmember using the IndianOil RBL Bank Credit Card, the Cardmember is eligible for the fuel surcharge waiver.”
“offering 1% fuel surcharge waiver of up to INR 100 each month.”
“The Cardmember applying for the IndianOil RBL Bank Credit Card is entitled to a `Welcome Benefit' of 1000 fuel points on making an eligible retail transaction above INR 500 within 30 days from the date of the Card issuance”
“For Credit Cards issued on RuPay network, enjoy the features of National Common Mobility Card (NCMC) and RuPay Credit Card on Unified Payment Interface (UPI).”
“for buying XTRA Reward Points redeemable at IndianOil Fuel Stations Apply Now”
“IndianOil RBL Bank Credit Card is available on MasterCard & RuPay network.”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with RBL 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 RBL Bank’s own file from its website, unaltered, fetched 2026-10-16. Methodology