Stop paying full price at the pump. Save on every litre with up to 50 litres of free fuel annually and seamless rewards on your everyday spend.
Last updated on: Aug 24, 2026
If you want to save more every time you refuel, the IndianOil HDFC Bank Credit Card offers unmatched value and convenience:
| Features | Details |
|---|---|
Joining Fee |
₹500 plus GST |
Annual Fee |
₹500 plus GST |
Suitable For |
Savings on Fuel |
Key Feature |
|
Welcome Benefit |
Enjoy a ₹250 voucher on card activation after completing at least one transaction within 37 days from the card issuance date |
Save more on your daily commute by earning up to 50 litres of free fuel every year through Fuel Points on your spends.
Get 5% of your total spends back as Fuel Points every time you refuel at IndianOil outlets across India.
Earn 5% Fuel Points when you pay for groceries and utility bills, helping you save more on everyday essentials.
Save more at all Indian fuel stations with a 1% surcharge waiver on transactions above ₹400, capped at ₹250 per billing cycle.
Earn 1 Fuel Point for every ₹150 spent on other transactions, including UPI payments and regular card swipes.
Get free enrolment in the IndianOil XTRAREWARDS™ loyalty programme and enjoy extra savings on your fuel purchases.
If your annual spending reaches ₹50,000 or above, the renewal membership fee for the following year will be completely waived.
Receive a ₹250 voucher when you activate your card and complete one transaction within 37 days of receiving it.
Enjoy up to 50 days of interest-free credit on your purchases, helping you manage cash flow more effectively.
Convert high-value purchases into affordable monthly instalments easily with the Smart EMI option available on your card.
Stay protected with zero liability on any unauthorised transactions if you report them immediately to HDFC Bank.
The IndianOil HDFC Bank Credit Card rewards you every time you spend, helping you save more on fuel and everyday expenses. Here’s how the rewards programme works and how you can make the most of it:
The card allows you to earn Fuel Points (FPs) on almost all your transactions
You can earn 5% Fuel Points whenever you spend on groceries, bill payments, or fuel purchases at IndianOil outlets
For all other purchases, you earn 1 Fuel Point for every ₹150 spent
Each Fuel Point is worth ₹0.96 when redeemed for fuel at IndianOil outlets
You can redeem your Fuel Points in multiple convenient ways:
Fuel Redemption: Use your accumulated Fuel Points to buy free fuel at IndianOil outlets across India
Cashback or Voucher Redemption: Redeem points as cashback or gift vouchers through HDFC Bank’s rewards catalogue
Online Redemption: Log in to your HDFC Bank Credit Card account to view, track, and redeem your Fuel Points
A nominal ₹99 redemption fee applies for each redemption request, as per HDFC Bank’s terms and conditions.
All Fuel Points earned on the IndianOil HDFC Bank Credit Card remain valid for two years (24 months) from the date they are credited. Redeem your points within this period to ensure you don’t lose out on your rewards.
Here’s an illustration of how your yearly spending can translate into fuel savings and value :
Spends |
Category |
Typical Monthly Spend (₹) |
Fuel Points Rate |
Fuel Points Due |
Monthly Cap* |
Fuel Points Earned |
A |
Petrol (IOCL Pumps) |
₹5,000 |
5% |
250 |
150 |
150 |
B |
Groceries |
₹3,000 |
5% |
150 |
100 |
100 |
C |
Utilities (Bills, Mobile, etc.) |
₹3,000 |
5% |
150 |
100 |
100 |
D |
Other Purchases |
₹12,000 |
0.70% |
80 |
NA |
80 |
E |
Total Monthly Spends (A+B+C+D) |
₹23,000 |
— |
630 |
— |
430 |
Annual Fuel Points Earned (E × 12): 5,160
Cash Value of Points (1 FP = 3 XRP = ₹0.96): ₹4,954
Free Fuel Worth (at ₹100 per litre): 50 litres
Note:
The monthly cap for Fuel Points on IOCL outlet transactions during the first 6 months from card issuance is 250 FP
After the first 6 months, the monthly cap is 150 FP
1 Fuel Point = 3 XRP = ₹0.96 when redeemed for fuel at IndianOil fuel pumps
Here’s a quick look at the key fees and charges of the IndianOil HDFC Bank Credit Card so you can manage your card smartly:
| Fee Type | Details |
|---|---|
Joining Fee |
₹500 plus applicable taxes |
Annual Fee |
₹500 plus applicable taxes; waived if you spend ₹50,000 or more in a year |
Rewards Redemption Fee |
₹99 for every redemption request |
Interest Charges |
3.75% per month (equivalent to 45% per annum) on outstanding balances |
Minimum Amount Due |
5% of the total outstanding amount, including EMIs, taxes, and other charges (rounded up to the nearest ₹10) |
Late Payment Fee |
Nil - ₹1,300, depending on the outstanding balance |
Foreign Transaction Fee |
3.5% of the total transaction amount for international purchases |
Cash Advance Fee |
A fee of ₹500 or 2.5% of the cash amount withdrawn, whichever is greater, will be applicable |
Note: A Goods & Services Tax (GST) is applicable on all the listed charges.
Disclaimer: These fees and charges are also subject to change at the discretion of the issuer. Before applying, check the issuer’s Most Important Terms and Conditions (MITC) document to verify.
Before applying, you need to meet a few simple conditions set by HDFC Bank. These help the bank assess your eligibility and ensure you can manage your credit card responsibly:
| Applicant Type | Nationality | Age Limit | Minimum Income Requirement |
|---|---|---|---|
Salaried Individuals |
Must be an Indian citizen |
21 to 60 years |
Monthly income of more than ₹12,000 |
Self-employed Individuals |
Must be an Indian citizen |
21 to 65 years |
Annual income of over ₹6 Lakhs as per latest Income Tax Return (ITR) |
When applying, you’ll need to submit a few basic documents to verify your identity, address, and income. Having these ready makes the process quicker and smoother:
| Identity Proof (Any one) | Address Proof (Any one) | Income Proof |
|---|---|---|
Aadhaar Card |
Aadhaar Card |
Latest Salary Slips (for salaried applicants) |
Passport |
Passport |
Form 16 (for salaried applicants) |
Voter ID |
Utility Bill (Electricity, Water, or Gas) |
Income Tax Returns (ITR) for self-employed applicants |
Driving Licence |
Rental Agreement |
Latest Bank Statements showing income deposits |
PAN Card |
Bank Statement showing current address |
- |
Recent Passport-size Photograph |
- |
- |
Applying for your IndianOil HDFC Bank Credit Card through Bajaj Markets is quick, simple, and completely online—just follow these easy steps to get started:
For further help or queries, you can contact HDFC Bank Customer Care on 1800-1600 or 1800-2600, available 24 hours a day, including Sundays and bank holidays.
Disclaimer
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
Reviewer
You can apply for this card if you meet the following criteria:
Nationality: You must be an Indian citizen.
Age Profile:
Salaried: Between 21 and 60 years of age
Self-Employed: Between 21 and 65 years of age
Income:
Salaried: A minimum net monthly income of ₹12,000
Self-Employed: An annual Income Tax Return (ITR) of over ₹6 Lakhs
The annual fee for the IndianOil HDFC Bank Credit Card is ₹500 plus applicable taxes. However, this fee is waived if your total yearly spending reaches ₹50,000 or more, making it ideal for regular users who want to save on renewal charges.
Each Fuel Point (FP) earned on the IndianOil HDFC Bank Credit Card is worth ₹0.96 when redeemed for fuel at IndianOil outlets. This high redemption value makes it one of the most rewarding credit cards for regular fuel users in India.
The IndianOil HDFC Bank Credit Card offers up to 50 litres of free fuel annually, 5% Fuel Points on IndianOil fuel, groceries, and bill payments, a ₹250 welcome voucher, and a 1% fuel surcharge waiver, helping you save on essential expenses.
The IndianOil HDFC Bank Credit Card is the best option for IndianOil fuel purchases, offering 5% Fuel Points, free IndianOil XTRAREWARDS™ membership, and savings of up to 50 litres of fuel annually, which could be a good choice for frequent drivers across India.