HDFC IndianOil Credit Card
Fees
₹500 + Taxes
Joining & AnnualReward Rate
5% Fuel Points at IndianOil outlets, groceries, and bill payments
Welcome Bonus
500 Fuel Points upon payment of joining fee
Lounge Access
No Lounge Access
FindMyCard Expert Take
The HDFC IndianOil Credit Card offers 5% Fuel Points on fuel at IndianOil outlets, groceries, and bill payments. Annual fee of ₹500 + Taxes waived on ₹50,000 annual spend.
Pros & Cons
Key Advantages
- Earn up to 50 Liters of free fuel annually via Fuel Points
- 5% Fuel Points at IndianOil outlets, groceries, and utility bills
- 1% fuel surcharge waiver across IOCL outlets
- Achievable annual fee waiver on ₹50,000 retail spends
Limitations
- Fuel Points capped at 250 points/month for fuel spends
- Reward rate drops on general retail spends outside IOCL network
- Fuel points value maximized primarily at IOCL pumps
Editorial Verdict
The HDFC IndianOil Credit Card is ideally suited for fuel & monthly utility spends at indianoil. If you want 5% fuel points at indianoil outlets, groceries, and bill payments, this card delivers real value. The ₹500 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
5% Fuel Points on IndianOil fuel purchases (max 250 Fuel Points/month for 1st 6 months, 150/month thereafter)
5% Fuel Points on grocery & bill payments (max 100 Fuel Points/month per category)
1 Fuel Point per ₹150 spent on all other retail transactions
1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 (max ₹250/cycle)
Up to 50 days of interest-free credit period
🚀 Milestone Spends Timeline
Annual fee waived on retail spends of ₹50,000 in a membership year
Fees & Charging Rates
Annual Fee Waivers
₹500 + Taxes
💡 Annual fee waived on ₹50,000 annual retail spends
Regular Interest Charges
3.6% per month (43.2% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Nil
lost card liability
Up to ₹50,000
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹10,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 60 years
Compare HDFC IndianOil Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| HDFC IndianOil Credit Card This Card | ₹500 + Taxes | 5% Fuel Points at IndianOil outlets, groceries, and bill payments | No Lounge Access | 4.2/5 |
| Standard Chartered Super Value Titanium Credit Card | ₹750 + Taxes | 5% cashback on fuel, telecom & utility bills (capped... | — | 4.3/5 |
| IndianOil Kotak Credit Card | ₹499 + Taxes | 24 points per ₹150 on IndianOil fuel (~4% value-back, capped at... | No Lounge Access | 4.2/5 |
| IndianOil RBL Bank XTRA Credit Card | ₹1,500 + Taxes | Up to 8.5% total fuel savings profile at IndianOil outlets | No Lounge Access | 4.1/5 |