Fuel prices are at an all-time high and it is likely that fuel prices will remain on the higher side for the foreseeable future. However, opting for fuel credit cards can help you reduce your expenses on fuel and even earn reward points. Fuel credit credits are the best credit card if you commute a lot using your private vehicle. Those living in urban areas can definitely benefit from the use of fuel credit cards. Aside from benefits associated with the purchase of fuel, these credit cards can also be used to pay for a range of other goods and services.

Fuel Credit card

Benefits and Advantages Offered by Fuel Credit Cards:

There are several benefits and advantages that you are eligible for by getting a fuel credit card. Read on below to learn more. 

  1. Waiver of Fuel Surcharge:
    Using a credit card online as well as offline can help you waive several fees. One of these is the fuel surcharge that is levied across all petrol pumps in India. There are several credit cards that offer you a waiver on this fuel surcharge, ensuring you save quite a large amount of money throughout the year.
  2. Reward Points:
    Reward points are points that you can earn by using your credit card online and offline. One of the benefits of fuel credit cards is that you can earn reward points by using these credit cards at petrol pumps. These reward points can be later used to make purchases through the credit card online as well as offline.
  3. Cashback:
    The best credit cards are assessed on the basis of whether they offer a cashback. If your fuel credit card has a cashback offer, it means you will receive cashback each time you spend a minimum amount through your fuel credit card at petrol pumps. The rules regarding the cashback can be different for different cards so make sure to check if your fuel credit card sends the cashback directly to your bank account.
  4. Annual Charge Waiver:
    The best credit cards offer a waiver on the annual fee charged to you if you spend a certain amount through the credit card over the year. Additionally, your credit limit could also be increased if you spend a certain amount throughout the year, which means you will be able to spend more through your credit card in the next year.

  5. Other Savings:
    Many fuel credit cards offer rewards and benefits for other activities, such as dining or watching movies or travelling. For instance, you could opt for a fuel card that also offers dining privileges.

Case Study

In a recent report published regarding India, it was found that, on average, a car travels 15,000 kilometres annually and most cars have an average fuel economy of 10 kmpl. Thus, you will be required to purchase at least 1,500 litres of petrol annually, which can cost you up to Rs. 1,50,000 in a year if the average fuel price is considered as Rs. 100. 

By using a fuel credit card, you can either spend less or you can earn reward points even as these purchases are carried out. If your credit card offers to let you use these reward points on other experiences, then it will be extremely helpful for you. 

Best Fuel Credit Cards in India

To make your search easier, we have listed here the top five best credit card for fuel in India. Read about their key features and how they might be beneficial to you in saving money during your daily commutes. You can use these credit cards online and offline to make other purchases as well. 

  1. IndianOil Citi Credit Card:
    With this credit card, you can earn 4 Turbo Points for every Rs. 150 spent at Indian Oil petrol pumps across India and even get up to 71 litres of free fuel in a year.
    2. BPCL SBI Credit Card:
    Dedicated to loyal Bharat Petroleum customers, the BPCL SBI Credit Card offers a welcome gift of 2,000 reward points and a 1% surcharge waiver for every fuel transaction up to Rs. 4,000.
    3. ICICI Bank HPCL Platinum Credit Card:
    Commonly considered one of the best credit cards for fuel savings, the ICICI Bank HPCL Platinum Credit Card offers cashback on fuel expenditure, 2.5X accelerated reward points for every Rs. 100 spent through the card, and 5 payback points for fuel purchases made at HPCL outlets across India. Additionally, your annual fee for the next year can be waived off if you spend a minimum of Rs. 50,000 in a year through the credit card online and offline.
    4. BPCL SBI Card Octane:
    While BPCL and SBI have tied up to offer several fuel credit cards, the BPCL SBI Card Octane is one of the premium variants. You can earn 25 reward points for every Rs. 100 you spend toward BPCL fuel and lubricants. With this card, you also get a welcome gift of 6,000 bonus reward points, which amount to roughly Rs. 1,500.
    5. IndianOil HDFC Credit Card:

With this credit card, you get 5% back on fuel transactions at Indian Oil outlets, called Fuel Points, and each Fuel Point is worth Rs. 0.96. You can earn 1 fuel point for every Rs. 100 you spend through the card.


Fuel credit cards are ideal for those who end up spending large parts of their income on fuel expenditure for their vehicle. It is best to check the eligibility for these cards and then select one that best meets your requirements. 

By Brenda Wyang

Brenda is someone who takes her work way too seriously. She believes in perfection at any cost and is more often seen through her work. Her contribution to the entertainment industry is immense with over 3 years of total work experience!

Leave a Reply