- Joining fee
₹500 + GST
- Annual fee
₹500 + GST
- Best suited for
Fuel
- Reward type
Reward Points
Rewards
- Rewards rate
5% Rewards (FPs) on Spends at IndianOil Outlets, Groceries, and Bill Payments. 1 FP/₹150 Spent on Other Purchases, Including UPI Spends
- Welcome benefits
Voucher Worth ₹250
- Reward redemption
Fuel Points redeemable for Free Fuel using the complimentary IndianOil XTRAREWARDS Program (IXRP) membership at IndianOil outlets (1 FP = 96 Paise), through net-banking towards catalog products (1 FP = 20 Paise) and as cashback on the credit card (1 FP = 20 Paise)
Fees & charges
- Spend-based waiver
Renewal Fee on Annual Spends of ₹50,000
- Rewards redemption fee
₹99 + GST
- Foreign currency markup
3.5%
- Interest rates
3.75% Per Month (45% Each Year)
- Fuel surcharge waiver
1% Waiver Across All Petrol Pumps on a Minimum Transaction of ₹400. Maximum Waiver of ₹250 Each Statement Cycle
- Cash advance charges
2.5% of the amount withdrawn subject to a minimum charge of Rs 500.
Product highlights
- Complimentary IndianOil XTRAREWARDS Program membership.
- Renewal fee waiver on annual spends of Rs 50,000 and above in the previous year.
- 5% of spends as Fuel Points at IndianOil outlets, groceries, and bill payments.
- 1 Fuel Point on every Rs 150 spent on all other purchases.
- Up to 50 liters of free fuel annually using an IndianOil HDFC Bank credit card.
- A fuel surcharge of 1% is waived on all fuel transactions at all fuel stations across India.
Pros & cons
Pros
- Since the HDFC IndianOil Card is available on the RuPay network, one can connect the card to UPI applications and make convenient and fast payments via their mobile.
Cons
- Initially, cardholders will face a limit of 250 Fuel Points (reward earning) within the first six months of card issuance, which is then reduced to 150 Fuel Points after this period.
Eligibility
| Criteria | Salaried | Self-employed |
|---|---|---|
| Age | 21 – 60 Years | 21 – 65 Years |
| Income | Minimum Rs. 1,44,000 Per Annum | Minimum Rs. 6,00,000 Per Annum (as per ITR) |
FAQs
What is the validity period for the Fuel Points accumulated on the IndianOil HDFC Bank Credit Card?
These Fuel Points accumulated are valid for 2 years from the date of accumulation.
What is the annual charge levied on the IndianOil HDFC Credit Card?
A yearly charge of ₹500 plus applicable taxes is levied on the IndianOil HDFC credit card.
What is the monetary reward rate on redemption through the IndianOil XTRAREWARDS Program (IXRP)?
You can redeem these Fuel Points at the IndianOil XTRAREWARDS Program (IXRP) for free fuel using your complimentary membership. You can redeem your reward points at select IndianOil outlets. 1 Fuel Point = ₹0.96, and can be redeemed by converting Fuel Points into XRP.
What is the interest charged on the IndianOil HDFC Credit Card?
The interest rate charged on this credit card is 3.75% per month (45% per annum).