Top 5 Best Fuel Credit Cards in India 2022
The fuel price has been on a hike for many days, but it has gone to a whole new level ever since this lockdown. While we all have been utterly dependent on automobiles, it is also taking a significant toll on our financial quota.
With the increasing prices, it has become almost impossible to save even a bit. Not only that, many a time, you might not have enough cash to pay for the fuel in an emergency situation. And if that’s where you’re stuck at, you’ve come to the exact right place searching for a solution.
This article will let you know about some of the best fuel cards in India to guide you through this state of inconvenience.
Many people don’t prefer to keep hard cash in hand. Instead, they prefer plastic money. Fuel Cards help you with your daily fuel expenses and assist you in terms of cashback, savings, reward points, and others.
Also Read: How to Save on Petrol Expenses in India?
Here are some top listed fuel credit cards available in India -
Issued by the Standard Chartered Bank, this card is a contact less credit card, and a stable income of minimum Rs 55k monthly is the criteria to print this card.
Benefits:
We thank our Dimer pnagaraj for sharing some useful info as stated below:
"It gives cashback for all fuel expenses. If I spend Rs.1000 for petrol, then 1% fuel surcharge will be added and shown in statement. In few days, this surcharge and some GST gets waived. And Rs.40 cashback will reflect in rewards statement. They advertise it as 5%, but it’s effectively 4% cashback for us. And so many changes to their terms over past 3 years. Annual maintenance Rs.750 + GST will be charged and waived later if your annual spend was greater than 90k. And maximum cashback is limited to Rs.200 per month".
Distributed by CitiBank, this fuel card is considered to be one of the best by many Indians. The best feature about this fuel card is that if you can spend a minimum of 30k on this card during one financial year, your taxes will be excluded, plus a cash amount of 1000.
Benefits:
Coming at an actual user-friendly price, you need to have a stable monthly income of 25k(minimum) to get yourself this card issued.
This card is issued by the State Bank of India itself. Going by its name, BPCL SBI Card is one of the best co-branded cards to maximize savings on fuel purposes.
Benefits:
This card is accepted internationally at over 24 million outlets, including over 3.5 million outlets in India, which is why this is the most used fuel credit card in India.
This is the only card which helps you to keep track of the increasing fuel prices. Issued by the ICICI Bank, besides staying updated about the costs, you can even enjoy exclusive dining offers through the ICICI Bank Culinary Programme.
Benefits:
Issued by the YES Bank, this card will reward you with 1% over every 100 rupees of your expenses.
Benefits:
This card is really attractive and helpful to those who are interested in earning rewards and fuel points.
India thus provides several fuel credit cards with numerous features and benefits for all types of users. So what are you waiting for? Go and get yourself a personalized fuel credit card today itself and enjoy a cash-free period with no more worries of savings.
Can you explain this please?
An article without enough information. Most cards have maximum cap on rewards and cashback. You need to give an illustration explaining the spend amount and what we receive back.
I have standard chartered super value titanium card. It gives cashback for all fuel expenses. If I spend Rs.1000 for petrol, then 1% fuel surcharge will be added and shown in statement. In few days, this surcharge and some GST gets waived. And Rs.40 cashback will reflect in rewards statement. They advertise it as 5%, but it’s effectively 4% cashback for us.
And so many changes to their terms over past 3 years.
Annual maintenance Rs.750 + GST will be charged and waived later if your annual spend was greater than 90k.
And maximum cashback is limited to Rs.200 per month.
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Recently got sbi BPCL how’s that?
Can I get cash back by credit card
Out of these credit cards, only standard chartered super value titanium is true fuel card.. U can use it on any pump…
Where is SBi octane card … That provides the max cash back on fuel… 7.25 %…
anyone have hdfc bharat card? can we use in any petrol bunk and swipe any pos machine?
tia
anumod wrote:Out of these credit cards, only standard chartered super value titanium is true fuel card.. U can use it on any pump…
Where is SBi octane card … That provides the max cash back on fuel… 7.25 %…
i heard rbl bajaj fin serv platinum value plus super card gives 10%, but cap is there
sravz86 wrote:anyone have hdfc bharat card? can we use in any petrol bunk and swipe any pos machine?
tia
I have it too. But it’s not issued anymore. Yes, you can use it in any petrol bunk. Don’t get confused with the name Bharat. It gives cashback for all petrol bunks like Indian oil, HP, etc.
I have both HDFC Bharat card and Standard chartered super value titanium card. I would say, HDFC Bharat card is better than standard chartered card. HDFC Bharat card gives 5% cashback after waiving fuel surcharge but standard chartered gives effectively 4% cashback as they include surcharge waiver as part of cashback. Annual fee 500 waiver is 50k spend. But in standard chartered, it’s 750 waiver on 90k spend.
But there are limitations. Cashback is in form of reward points. One reward point is equivalent to one rupee. Maximum cashback per month is only Rs.150 for fuel category. This restricts our monthly fuel spend to Rs.3000 only. You can redeem only after accumulating more than 2500 points. Other than fuel and utility bill payments getting 5% cashback, there will be no reward points for others.
pnagaraj wrote:I have it too. But it’s not issued anymore. Yes, you can use it in any petrol bunk. Don’t get confused with the name Bharat. It gives cashback for all petrol bunks like Indian oil, HP, etc.
I have both HDFC Bharat card and Standard chartered super value titanium card. I would say, HDFC Bharat card is better than standard chartered card. HDFC Bharat card gives 5% cashback after waiving fuel surcharge but standard chartered gives effectively 4% cashback as they include surcharge waiver as part of cashback. Annual fee 500 waiver is 50k spend. But in standard chartered, it’s 750 waiver on 90k spend.
But there are limitations. Cashback is in form of reward points. One reward point is equivalent to one rupee. Maximum cashback per month is only Rs.150 for fuel category. This restricts our monthly fuel spend to Rs.3000 only. You can redeem only after accumulating more than 2500 points. Other than fuel and utility bill payments getting 5% cashback, there will be no reward points for others.
thnq already asked local hdfc staff. they said they will issue after rbi ban lift. so waiting
1.can we redeem for statement credit and are there any charges?
2. or redeem for amazon egv?
3. when these points will expire?
anumod wrote:Out of these credit cards, only standard chartered super value titanium is true fuel card.. U can use it on any pump…
Where is SBi octane card … That provides the max cash back on fuel… 7.25 %…
What’s the cashback cap in this card
sravz86 wrote:thnq already asked local hdfc staff. they said they will issue after rbi ban lift. so waiting
1.can we redeem for statement credit and are there any charges?
2. or redeem for amazon egv?
3. when these points will expire?
I was told by someone that this card is totally stopped for issuing.. not because of RBI ban for all new HDFC credit cards.. If you’re able to get, then it’s good.. post update..
1. I have redeemed once when it was around 2900 points.. No extra charges.. it was statement credit after few days..
2. I don’t remember seeing Amazon or any other gift option..
3. I’m not sure about expiry.. I have redeemed before 2 years.. so, it’s definitely more than a year..
BPCL SBI OCTANE card gives you 25 reward points per hundred(excluding fuel surcharge waiver)…that means 7.25 % value back (includjng 1% fuel surcharge waiver)
Cards insist on swiping on their machines only. So no use of other bank swipe machines are used . Standard chartered has some advantages
pnagaraj wrote:An article without enough information. Most cards have maximum cap on rewards and cashback. You need to give an illustration explaining the spend amount and what we receive back.
I have standard chartered super value titanium card. It gives cashback for all fuel expenses. If I spend Rs.1000 for petrol, then 1% fuel surcharge will be added and shown in statement. In few days, this surcharge and some GST gets waived. And Rs.40 cashback will reflect in rewards statement. They advertise it as 5%, but it’s effectively 4% cashback for us.
And so many changes to their terms over past 3 years.
Annual maintenance Rs.750 + GST will be charged and waived later if your annual spend was greater than 90k.
And maximum cashback is limited to Rs.200 per month.
thanks buddy for sharing. have included your feedback in the article.
Why axis iocl not in the list? It gives 4% cashback apart from 1% fuel surcharge waiver on iocl fuel stations which is more than all 5 cards mentioned. Annual fee of 499 plus GST is waived off on spends of 50000 which is not high. Also Axis Bank allows 3 cards at same time so no problem of closing other cards. I currently have this card and I use it at COCO IOCL Station using hdfc machine and reward points are regularly added without any problem.
sravz86 wrote:anyone have hdfc bharat card? can we use in any petrol bunk and swipe any pos machine?
tia
Yes i have. We can use it at any fuel station across india. Maximum 150 cashback will be accumulated per month for fuel. And for redemption, we need 2500 cashback points.
pnagaraj wrote:I was told by someone that this card is totally stopped for issuing.. not because of RBI ban for all new HDFC credit cards.. If you’re able to get, then it’s good.. post update..
1. I have redeemed once when it was around 2900 points.. No extra charges.. it was statement credit after few days..
2. I don’t remember seeing Amazon or any other gift option..
3. I’m not sure about expiry.. I have redeemed before 2 years.. so, it’s definitely more than a year..
I used to have hdfc bharat credit card they stopped renewing this card instead gave me a regalia one lifetime free card.
dungo wrote:Why axis iocl not in the list? It gives 4% cashback apart from 1% fuel surcharge waiver on iocl fuel stations which is more than all 5 cards mentioned. Annual fee of 499 plus GST is waived off on spends of 50000 which is not high. Also Axis Bank allows 3 cards at same time so no problem of closing other cards. I currently have this card and I use it at COCO IOCL Station using hdfc machine and reward points are regularly added without any problem.
There is also HDFC IOCL Creditcard that’s missing.
Jkriz wrote:I used to have hdfc bharat credit card they stopped renewing this card instead gave me a regalia one lifetime free card.
For me, they renewed it last week and sent new card to office address which is closed. So card is being returned back by courier.
I have tried changing my communication address via local bank branch. After a week, I am getting notification that address change rejected as pincode not serviceable.
Now, no way that I’ll get renewed card. And I have to cancel card with unredeemed 1300 points. Their minimum is 2500 points for redemption.
" SBI BPCL -This card gives you the freedom of not paying the 1% fuel upsurge across all the BPCL outlets"
WHAT DOES IT MEAN??
dungo wrote:Why axis iocl not in the list? It gives 4% cashback apart from 1% fuel surcharge waiver on iocl fuel stations which is more than all 5 cards mentioned. Annual fee of 499 plus GST is waived off on spends of 50000 which is not high. Also Axis Bank allows 3 cards at same time so no problem of closing other cards. I currently have this card and I use it at COCO IOCL Station using hdfc machine and reward points are regularly added without any problem.
How are the points redeemed? Any fees for the same
Sudarshan61 wrote:How are the points redeemed? Any fees for the same
Cashback is credited in the form of edge reward points which can be redeemed as amazon pay gift cards. I am yet to redeem for the first time so can’t comment on redemption fees
cveldandi wrote:BPCL SBI OCTANE card gives you 25 reward points per hundred(excluding fuel surcharge waiver)…that means 7.25 % value back (includjng 1% fuel surcharge waiver)
Bro could you please answer to these questions
Do we need to swipe on any specific pos machine only?
Is amazon GV available in rewards catalog? or any other useful GV like flipkart, big bazar etc
In website, mentioned after paying fee, they will issue rs.1500 worth rewards points. Is it for first year only or for every year. Because i can’t spend rs.2L every year, But gst amount is ok for me, If they issue rs.1500 worth rewards points every year.
ICICI HPCL CC gives RP for wallet load?
Peace_Of_Mind wrote:Bro could you please answer to these questions
Do we need to swipe on any specific pos machine only?
Is amazon GV available in rewards catalog? or any other useful GV like flipkart, big bazar etc
In website, mentioned after paying fee, they will issue rs.1500 worth rewards points. Is it for first year only or for every year. Because i can’t spend rs.2L every year, But gst amount is ok for me, If they issue rs.1500 worth rewards points every year.
after being a critic of this card, today accepted after i got a call for the card. that 6000 reward point is only for first year and then u have to spend 2 lakh. the rewards can only be used for redeeming as fuel at select petrol stations. but i see almost all there in the list. if not, they give fuel vouchers which also is accepted at most of the stations.
My plan is to use and see for the first year and close the card before annual fee next year if it is not worth it. It also gives about 2.5% for departmental spends, which is good
weir wrote:Recently got sbi BPCL how’s that?
hardly 1k of petrol will come in used for me in a month, 1500+GST charges applicable if we not use 2.5Lacs limit in a Year, welcome bonus not yet received, almost 5 months completed by receiving the card, they will charge 1500+GST in the first month itself and will add 6k reward points, but as promised Welcome bonus not credited, Shopping on Amazon and Flipkart will get rewards upto 2% only. 10X Reward points only on filling fuel from BPCL.
best indian oil card?
other than Citibank (my city don’t have citibank)
1
An article without enough information. Most cards have maximum cap on rewards and cashback. You need to give an illustration explaining the spend amount and what we receive back.
I have standard chartered super value titanium card. It gives cashback for all fuel expenses. If I spend Rs.1000 for petrol, then 1% fuel surcharge will be added and shown in statement. In few days, this surcharge and some GST gets waived. And Rs.40 cashback will reflect in rewards statement. They advertise it as 5%, but it’s effectively 4% cashback for us.
And so many changes to their terms over past 3 years.
Annual maintenance Rs.750 + GST will be charged and waived later if your annual spend was greater than 90k.
And maximum cashback is limited to Rs.200 per month.