Top 5 Best Fuel Credit Cards in India 2024
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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?
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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:
- You earn a reward of one point for every Rs 150 transaction.
- You can even earn cashback on phone, fuel and utility bills, which is in general 5% of the expenses.
- You can also get Prime Membership of Rs 20,000 per month according to it's Priority Banking Member Policy.
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:
- You earn specific turbo points for each expenditure- on fuel, groceries and shopping.
- You get 4 turbo points on fuel, 2 on groceries and 1 on other expenses.
- You can also redeem your rewards instantly.
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 offers you a 2000 bonus welcome reward and you earn several various other reward points.
- You can use this card to pay for your electricity bills, telephone bills, and other utility bills, with countless transactions.
- This card gives you the freedom of not paying the 1% fuel upsurge across all the BPCL outlets.
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.
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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:
- You get to enjoy 2.5% cashback, as well as 1% savings on fuel overloads.
- A nominal sum of GST and Rs 199 is required as the issuing fee for this card.
- You get to enjoy 2 PAYBACK points on every expense except for fuel.
Issued by the YES Bank, this card will reward you with 1% over every 100 rupees of your expenses.
Benefits:
- You can enjoy several rewards, including bonus up to at least 20,000 points.
- The fuel points earned can even be used to pay off your bills.
- You get 8 points on every Rs 100 spent, which helps to save you 2% of the fuel expenses.
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.
Which card is best with good cashback and don’t want limitation on petrol pump-need to get rewards in all petrol pumps.
Received a call from some SBI agent and she said she can process SBI BPCL card as LTF for me , I said yes and went with the process flow, and things looks genuine as application tracking link was redirecting to SBI website and had a track , now the Agent told me to agree to the charges over call for verification for 499 plus GST , and the same was told to me over call from SBI team , and later she can get this card as LTF and not to worry.
I am half the way and I need some help here , should i trust the agent or backoff ? I doubt if she can really make this as LTF card.
Anyone has prior experience with this card ?
Fraud. Just completing her target
Ask her to send a written confirmation over mail about the assurance she is giving. If card is not converted to LTF , then I’ll complain to RBI ombudsman that you promised the same
And see magic
Anyone with SBI BPCL, can you please confirm if the SBI card has to be swiped on SBI machines ?
Hello can anyone let me know… Which card should I opt in, in current times
My monthly fuel spends avg is 3000 – 4000
+1, I have offer for Indian Oil HDFC Credit card and Axis Bank Fuel card. My monthly fuel spend is around 3k.
But who got money to buy fuel like petrol after all?? At least not me I m running my car on cng
Why no mention of free Amazon ICICI card..it’s running 5% cashback upto 150 for fuel
SBI BPCL cashback doesn’t seem to be working on all BPCL outlets. Check with small amount first and see if you are getting points else you will end up paying 1% surcharge
YES First Preferred does not give points on fuel transactions..
wrong inclusion.
https://www.yesbank.in/personal-banking/yes-fir...
Point e
PM me for CITI CC referral .
SC Ultimate, 3.3% points.
best indian oil card?
other than Citibank (my city don’t have citibank)
Citi operates mostly as online, they hardly have branches in cities.
ICICI HPCL CC gives RP for wallet load?
" SBI BPCL -This card gives you the freedom of not paying the 1% fuel upsurge across all the BPCL outlets"
WHAT DOES IT MEAN??
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.
Cards insist on swiping on their machines only. So no use of other bank swipe machines are used . Standard chartered has some advantages
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.
@harshit0509
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.
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
Can I get cash back by credit card
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.
Better articles are here:
https://www.paisabazaar.com/credit-card/best-fu...
https://www.goodreturns.in/personal-finance/spe...
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.
Can you explain this please?
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?
||google_ad||
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.
||google_ad||
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.