Citibank

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    2.5% of the amount withdrawn or a minimum of Rs. 500.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.