10 Best Credit Cards in India for Gasoline (2023)

10 Best Credit Cards in India for Gasoline

You can get a Gasoline credit card to save money on your daily gas costs. A lot of credit cards let you get rid of the fuel surcharge. This article gives a list of the 10 best fuel credit cards that banks offer to help their customers save a lot of money on fuel costs.

Most of the time, these cards cost between Rs.0 and Rs.1,000 per year. Most of the time, the interest rates on these cards range from 3.25 to 3.40 percent per month. Here are the 10 best credit cards for fuel in India that offer extra benefits like cashback, co-branded benefits, and reward points. Onward!

Check out the best credit cards to save money on your gasoline bills.

What is a credit card for gasoline?

Banks offer fuel credit cards so that their customers can save money on fuel costs. Most of the time, national oil companies like Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited have their names on fuel credit cards.

Most fuel cards in India are based on reward points, so every time you fill up your car, you can earn points (s). You can later use these points to get something.

10 Best Credit Cards in India for Gasoline (2022)

  1. Credit Card for BPCL and SBI

This SBI card is very easy to get and is made possible by a partnership with Bharat Petroleum Corporation Limited. To be eligible for this card, a person needs to make at least Rs. 20,000 per month. The card is very popular for buying gas because the annual fee is not too high.

The fee to join is Rs.499

Cost per year: Rs.499

Also Read:- All About Indian Crop Insurance

Features and advantages:

  • As a welcome gift, you’ll get 2,000 bonus points.
  • Users will get one point for every Rs 100 they spend on things other than fuel.
  • For fuel purchases up to Rs.4,000, there is no 1% surcharge.
  • You will also get 5 reward points for every Rs. 100 you spend at department stores, restaurants, and grocery stores.

2. Octane BPCL SBI Card BPCL

The premium version of the previous card is the BPCL SBI Card Octane. But it has a lot of other benefits that the BPCL SBI Credit Card does not. For example, if you pay for BharatGas online or through a mobile app, you can get 7.25 percent back.

The fee to join BPCL SBI Card Octane is Rs. 1,499.

Fee per year: Rs.1,499

Features and advantages:

  • After you pay the annual fee, you’ll get 6,000 reward points as a welcome gift.
  • Users will not have to pay a 6.25 percent plus 1 percent fuel surcharge on any transaction up to Rs.
  • People will get 25 reward points for every Rs. 100 they spend on things like BharatGas, BPCL fuel, and lubricants through the website and app.
  • You will also be able to go to four domestic VISA lounges for free every year.
  • Also, if you spend Rs. 3 lacks a year, partner brands will give you a voucher worth Rs. 2,000.
  • For every Rs 100 spent on groceries, movies, restaurants, and department stores, 10 reward points will be given.
  • Except for adding money to your mobile wallet and buying fuel from a company other than BPCL, you will get 1 point for every Rs. 100 you spend in stores.

3. Indian Oil Citi Platinum Card

Indian Oil and Citi Bank worked together to make this platinum card, which lets you get 4 turbo points (TP) for every Rs. 150 you spend on fuel at an Indian Oil station. The best thing about this credit card is that you can earn up to 267 points with each purchase.

Joining Fee: The bank will let you know when they find you.

Fee per year: Rs. 1,000 plus taxes

Features and advantages:

  • When users successfully activate their credit cards, they will get free TP worth Rs 250.
  • For every Rs 150 spent in supermarkets or grocery stores or on other purchases, you get 2 TPs and 1 TP, respectively.
  • People can turn these TP points into gift certificates.
  • One can also get discounts on travel, special privileges, and discounts on food.

4. A credit card from ICICI HPCL Coral

People who use this credit card to pay for gas can earn both PAYBACK and cashback points. It is easy to join and easy to keep up because both the joining fee and the annual fee are very low. People who buy gas from HP gas stations can usually get a lot out of this card.

Cost to join: Rs 199

Cost per year: Rs 199 (exempted after spending Rs 50,000 in a year)

Features and advantages:

  • For every Rs. 100 a member spends, they will get 5 PAYBACK Points.
  • At HPCL pumps, users will get 2.5% cash back on fuel purchases and a waiver of the 1% fuel surcharge.
  • You can get Rs. 500 worth of gas for 2,000 PAYBACK points.
  • BookMyShow is offering a discount of 25% on movie tickets.

5. A credit card from Indian Oil HDFC

The Indian Oil HDFC credit card is one of the best credit cards for people who live outside of a metro area but still need to buy gas. Also, it can be used with both VISA and RuPay. You can get “fuel points” with this card when you spend money in any category. You can use these points to buy gas at Indian Oil gas stations in the future.

The fee to join is Rs. 500.

Rs. 500 per year (waived off on an expenditure of Rs. 50,000 using this card)

Features and advantages:

  • People who use this card will get a free membership to the Indian Oil XTRAREWARDSTM Program (IXRP).
  • When you buy gas at an Indian Oil station, you will get fuel points worth 5% of the bill amount.
  • 5% more fuel points when you buy groceries or pay your bills.
  • You will also not have to pay a 1% surcharge if you spend at least Rs. 400.
  • Also, with these fuel points, you can get up to 50 liters of fuel for free every year.
6. Credit Cards  for Indian Oil from Axis Bank

This card gives you good cash back on gas and online purchases. It also gives users 4% back on their fuel costs in the form of Edge rewards. The card is made so that you don’t have to pay the annual fee.

The fee to join is Rs. 500.

Rs. 500 per year (waived when you spend Rs. 50,000 in the previous year)

Features and advantages:

  • Rs. 250 cash back on all fuel purchases made in the first 30 days after getting the card.
  • Any Indian Oil store can give you faster reward points if you spend between Rs. 100 and Rs. 5,000 per month.
  • You will also not have to pay a 1% surcharge on transactions between Rs. 200 and Rs.
  • 4% cash back on gas purchases and 1% cash back on online shopping.
7. The HDFC Bharat Cashback Credit Card

As the name says, this credit card lets you get cash back. Also, this is an easy-to-use credit card for gas purchases. You can save a lot of money by paying online with PayZapp, EasyEMI, or SmartBUY. With this credit card, you can also save up to Rs. 3,600.

The fee to join is Rs. 500.

Rs. 500 per year (waived off with Rs. 20,000 expenditure)

Features and advantages:

  • 5% cash back on purchases made through PayZapp, EasyEMI, or SmartBUY.
  • 5% cashback on fuel costs, IRCTC ticket bookings, groceries, bill payments, and mobile recharges.
  • After spending Rs. 400 on fuel, a person will not have to pay a 1% surcharge.

8. The Standard Chartered Super Value Titanium Credit Card

With this credit card from Standard Chartered Bank, you can get 5% cash back when you buy gas at any gas station in India. Also, if the annual spending goes up by Rs 60,000, the bank will not charge the renewal fee.

Joining Fee: Rs. 499

Cost per year: Rs. 750

Features and advantages:

  • Users will get 5% cash back on purchases of fuel, payments for telecom, and payments for utility bills
  • Every Uber ride gets an extra 20% cashback.
  • For every Rs 150, you spend in any category, you’ll get 1 reward point.

9. Credit Card for HPCL from ICICI Platinum

This is easy to use, and cardholders get different deals that help them earn points and cashback that they can use to pay for fuel. Also, the annual fee for this card is free for everyone for the first year.

Joining Fee: Rs. 199 + GST

Annual Fee: Rs 199 + GST

Features & Benefits:

  • Cardholders will get 2.5 times as many payback points for every Rs. 100 they spend.
  • 5x payback points on every purchase at any HPCL store
  • Also, this card doesn’t charge a 2.5% surcharge on any fuel purchases made at an HPCL outlet.
  • You’ll also get an extra 2.5% cashback on all fuel purchases made at HPCL gas stations.

10. RBL Platinum Maxima Credit Card

This is a versatile credit card that lets you earn more points every time you buy gas. To get this card, you have to be over 18 and have a good credit score.

Joining Fee: Rs. 2,000

Annual Fee: Rs. 2,000

Features and advantages:

  • People can save up to 2.5 percent on every Rs. 100 they spend on fuel.
  • Also, customers can get 10 reward points for every Rs.100 they spend on fuel.
  • With this card, one can save Rs. 11,500 just on gas.

How do I get Credit Cards for gas?

Here are the steps people need to take to apply for a fuel credit card:

Given below are the steps to apply for a fuel credit card offline:

Step 1: Visit the nearest financial institution branch from where you wish to procure a fuel credit card.

Step 2: Fill up the application form.

Step 3: Attach and submit all the requisite documents.

Step 4: Wait for the bank to complete the verification process and provide the fuel credit card.

Given below are the steps to apply for a fuel credit card online:

Step 1: Visit the official website of the bank from where you would like to get a fuel credit card.

Step 2: Navigate to the ‘Credit Cards section.

Step 3: Choose a credit card after checking its benefits, rewards, and transaction limits.

Step 4: Provide all the required details and attach the necessary documents.

Step 5: Click on the ‘Submit’ button.

Please note that the application process could vary from card issuer to issuer.

Last Word

This list of the best fuel credit cards will help you find one that will save you money on your annual fuel costs. You can choose between co-branded credit cards and cards from banks where you have been a loyal customer.

But before you apply for a credit card, you should do a lot of research to see what fits your needs and which card will save you the most money and give you the most cash back. Before getting a fuel credit card, you should always think about the annual fee and other costs, like interest rates.

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