The IndianOil Citi Credit Card is a fuel credit card that enables you to save more on fuel at all IndianOil outlets across the country. Enjoy a 2.5% fuel surcharge across all IndianOil fuel stations while earning Turbo Points too. The card also allows you to earn fuel for free. Want more? You even get dining and shopping privileges. Here are a few details about the popular IndianOil Citi Credit Card and its benefits.
The IndianOil Citi Credit Card offers amazing cashbacks to help you save big. The key highlights are:
Instant Redemption – You can redeem your reward points instantly via SMS against all your purchases.
Instant Loans – Avail Instant Loans on your Citi Cash Card.
Global Partner – Get exclusive deals & discounts across 90 countries worldwide.
You can apply online for the IndianOil Citi Credit Card by visiting the Bajaj Markets website and following the steps given below:
Step 1: Visit Bajaj Markets
Visit our website
Step 2: Fill in your details
Help us with a few of your details
Step 3: Check out the list of multiple credit cards
Compare between the multiple Citi Credit Cards options available
Step 4: Make a choice
Select the IndianOil Citi Credit Card
Step 5: Submit your form
And you're all set!
Criteria |
Particulars |
Age |
21 to 60 years |
Occupation |
Salaried/ Self-employed |
Documents Needed |
|
Joining Fee |
Conveyed at the time of issuance |
Proof of Identity
Proof of Address
Latest two salary slips
Id and Address proof documents (Valid Passport issued by Govt. of India, Driving License, Proof of possession of Aadhaar number (Aadhaar Card/ E-aadhaar), Voter's ID Card, Job Card issued by NREGA duly signed by an officer of the State Government)
Proof of Identity
Proof of Address
Latest year ITR with audited financials and computation of income
Id and Address proof documents (Valid Passport issued by Govt. of India, Driving License, Proof of possession of Aadhaar number (Aadhaar Card/ E-aadhaar), Voter's ID Card, Job Card issued by NREGA duly signed by an officer of the State Government)
Let's take a look at IndianOil Citi Credit Card Points
Spend Category |
Turbo Points earned per ₹150 |
Quarterly Spends |
Turbo Points earned |
Savings of 1% on fuel surcharge (₹)1 |
(estimated >average) |
(1 Turbo pt = Re.1) |
|||
Fuel |
4X |
₹18,000 |
480 |
₹180 |
Groceries and Supermarkets |
2X |
₹15,000 |
200 |
N/A |
All other spends |
1X |
₹52,000 |
347 |
N/A |
Quarterly total (a) |
N/A |
₹85,000 |
1,027 |
₹180 |
Yearly earnings [4x(a)] |
N/A |
₹3,40,000 |
4,107 |
₹720 |
Total earnings |
₹4827 |
|||
Yearly Free Fuel earnings (Total earnings /price of 1ltr petrol) |
~ 71 Litres4 |
Earn 4 Turbo Points for every ₹ 150 spent and reversal of fuel surcharge (1%) on fuel purchases at authorised IndianOil outlets. No points earned for transactions more than ₹ 10,000 for fuel transactions in this category.
Earn 2 Turbo points for every ₹ 150 spent on groceries and supermarkets. Accelerated earnings in this category are capped to₹ 5000 (67 points) monthly statement spends, post which 1x points are earned on spends.
Earn 1 Turbo point for every ₹ 150 spent on other spends, eligible under this category.
Get 250 Turbo Points on your first spend within 30 days of card issuance
Calculated with ₹ 67.84 as the average price of petrol in Delhi for the calendar year 2017.
Your Turbo Points can be redeemed against fuel purchases at authorised IndianOil outlets at any bank’s EDC. 1 Turbo Point = ₹ 1 of free fuel for redemption
The Value Chart is for indicative purposes only. Fractions have been rounded off to the nearest number.
There are three ways in which you can redeem your reward points on the Indianoil Citi Credit Card-
At any EDC machine of any bank, pay with the IndianOil Citi Credit Card to redeem your rewards
Via SMS you can also redeem your rewards within 24 hours
On the official website, you can redeem your accumulated points
Here are the benefits of the IndianOil Citi credit card:
Get 4 Turbo Points on ₹ 150 spent on fuel at authorised Indian Oil outlets (1 Turbo Point = Re 1 Free Fuel)
Get 1% fuel surcharge waiver at authorised Indian Oil outlets
Get 2 Turbo Points on ₹150 at grocery stores and supermarkets
Enjoy Zero Annual Fee on spend of ₹30000 or more in a membership year, else ₹1000 will be charged as Annual Fee
Enjoy safe contactless payments from your Citi IndianOil Credit Card
To find out the IndianOil Citi credit card annual fee and other charges, see the table given below:
Particulars |
Amount |
Annual Fee |
₹ 1,000 |
₹ 500 per returned instrument |
|
Extended Credit Charges |
3.25% p.m. /39% p.a. |
Outstation Cheque Charge (based on the value of the cheque) |
Up to ₹ 10,000 – ₹ 50 per cheque |
₹ 10,001 to ₹ 1,00,000 – ₹ 100 per cheque |
|
Above ₹ 1,00,001 – ₹ 150 per cheque |
|
Reissue of lost, stolen or damaged card |
₹ 100 |
Cash Advance Charges |
2.5% on the billed amount withdrawn*, subject to a minimum of ₹ 500 |
Railway ticket booking surcharge |
1.8% of the transaction value |
Fuel transaction charge |
1% of the transaction amount, subject to a minimum of ₹ 10. Waived at Indian Oil Corporation outlets for transactions on Citi EDCs (electronic data capture terminals) |
Overlimit Charges |
2.5% of the amount (excluding fees, charges and taxes) over the credit limit, subject to a minimum of ₹ 500 |
Late Payment Fee |
NIL for statement balance up to ₹2000 |
₹600 for statement balance above ₹2000 and up to ₹7500 |
|
₹950 for statement balance above ₹7500 and up to ₹15000 |
|
₹1300 for statement balance above ₹15000 |
To check your IndianOil Citi Credit Card Status Online, follow the steps given below:
Step 1: Go to the Citi website and Click on Credit Cards
Step 2: Go to Credit Card Application
Step 3: Enter your Application Number and your registered mobile number
Step 4: View your Credit Card status
Credit Card |
Ideal For |
Citi Cashback Credit Card is best suited for Shopping, Dining & Travelling |
|
Premier Miles Card is best suited for purchase of Travelling, Shopping & Dining |
|
Citi Rewards Card is best suited for purchase of Travelling, Shopping & Dining |
Let us now take a look at some other Credit Cards that are similar to IndianOil Citi Credit Card -
Credit Card |
Key Features |
Annual Fee: 500 Best Feature: Get fuel points up to 5% on IndianOil outlets |
|
Annual Fee: 500 Best Feature: 25 times reward points on your fuel expenses |
|
Annual Fee: 500 Best Feature: Get 4% value back at IndianOil outlets |
If you are a regular commuter or an avid traveller, Citi IndianOil Credit Card can be an ideal option for you. You can earn on your fuel expenses at IndianOil outlets. If you are looking for a card exclusively for your fuel expenses, you can surely consider Citi IndianOil Credit Card.
You can easily redeem your Citi IndianOil Credit Card points at Citibank partners. You can redeem them against all the available products or services being currently allowed under your card.
Citi IndianOil Credit Card is a credit card that helps you earn reward points as you spend on refuelling your vehicle. The card offers you Turbo Points and lets you redeem them to earn specified benefits.