IndianOil Citi Credit Card

- Joining fee
Rs. 1,000 + GST
- Annual fee
Rs. 1,000 + GST
- Best suited for
Fuel
- Reward type
Reward Points
Rewards
- Rewards rate
1 Turbo Point for every Rs. 150 spent, 2 Turbo Points for every Rs. 150 spent at supermarkets, and 4 Turbo Points on every time you spend Rs. 150 on fuel.
- Welcome benefits
250 Turbo Points on card activation
- Reward redemption
For redemption against fuel, 1 TP = Re.1, for other categories 1 TP = Re. 0.25 to Re. 0.35, and for AirMiles, 1 TP = 0.75 Airmile/Intermile.
Benefits
- Movie & dining
Up to a 20% discount on dining across several participating restaurants.
Fees & charges
- Spend-based waiver
On spending Rs. 30,000 or more in the last year, the annual fee would be wavied off.
- Rewards redemption fee
Nil
- Foreign currency markup
3.5% on all foreign currency transactions.
- Interest rates
3.75% per month
- Fuel surcharge waiver
1% fuel surcharge waiver at all IndianOil outlets.
- Cash advance charges
2.5% of the amount withdrawn or a minimum of Rs. 500.
Product highlights
- 1 Turbo Point for every Rs. 150 you spend.
- You get 2x Turbo Points for spending on groceries and supermarkets.
- You get 4x Turbo Points on spending on fuel at authorized IndianOil outlets.
- Get a welcome bonus of 250 Turbo Points.
- Turbo Points are redeemable against a variety of categories, including fuel, cashback, shopping, etc.
- Exciting dining discount offers across several participating restaurants.
- A 1% fuel surcharge waiver.
- Spending-based renewal fee waiver.
- 24*7 customer support.
FAQs
What is the annualized interest rate on this card ?
The interest rates applicable on the Indian Oil Card annually is 45% (3.75% per month).
How many Turbo Points are equal to 1 rupee for redemption against fuel ?
1 Turbo Point = Re. 1 for redemption against fuel transactions at authorized IndianOil outlets.
What is the annual fee for this card? Can that be waived off ?
The renewal fee for Indian Oil Citi Card is Rs. 1,000. One can get a wavier on the same by spending Rs. 30,000 or more in the last year.
Can I get any discount offers on flight bookings through my IndianOil Citi Credit Card ?
Yes, you can avail of exclusive discount offers on flight bookings on MakeMyTrip and EaseMyTrip through your IndianOil Citi Credit Card.
Can I redeem my earned Turbo Points against InterMiles ?
Yes, you can redeem your Turbo Points against InterMiles at a rate of 1 Turbo Point = 0.75 InterMile.