Core Rewards :
  • 5% Earn 5% of your spends as Fuel Points at IndianOil outlets, Max 250 Fuel Points per month in first 6 months & Max 150 Fuel Points pwe month after that
  • 5% Earn 5% of your spends as Fuel Points on Groceries and Bill Payments, Max 100 Fuel Points per month on each category
  • 1% Earn 1 Fuel Point per Rs. 150 on other transactions
Milestone Rewards :
  • Monthly : N/A
  • Quaterly : N/A
  • Annual : N/A
No rewards on spends : Wallet, Rent, Government Payment
Rewards Redemption
How to Redeem :
  • Redeem on IndianOil XTRAREWARDS portal
Redemption options : IXRP, Statement Cash, Catalogue
Redemption fee : Rs. 99 + GST
Transfer partners : N/A
Complementary Benefits
Lounge access :
  • Domestic Lounge : N/A
  • International Lounge : N/A
  • Railway Lounge : N/A
Insurance Benefits :
  • Lost card liability : Upto Credit Limit
  • Personal accidental insurance : N/A
  • Air accidental insurance : N/A
Other Benefits :
  • Lounge Membership : N/A
  • Memberships Available With Cards : N/A
  • Spa Benefits : N/A
Golf Benefits :
  • Lessons : N/A
  • Games : N/A
Joining fees : 500
Annual fees : 500
Welcome Benefits : N/A
Quaterly Benefits : N/A
Annual Benefits : N/A
Forex markup charges : 3.50%
Fee reversal criteria : Spend Rs. 50,000 in a year
Minimum age : 21
Minimum ITR : 6,00,000
Minimum Salary : 10,000

HDFC IndianOil Credit Card Welcome Benefits:


HDFC IndianOil Credit Card Reward Points/Cashback:

The HDFC IndianOil Credit Card offers a unique rewards system designed to help cardholders save on fuel and other expenses. Here are the key details:

  • Core Rewards:
    • Fuel Points at IndianOil Outlets: Earn 5% of your spending as Fuel Points at IndianOil outlets, with a maximum of 250 Fuel Points per month in the first 6 months, and a maximum of 150 Fuel Points per month thereafter.
    • Fuel Points on Groceries and Bill Payments: Enjoy 5% Fuel Points on your grocery and bill payment expenses, with a maximum of 100 Fuel Points per month in each category.
    • Other Transactions: Earn 1 Fuel Point for every Rs. 150 spent on all other transactions.
    • Dining Discounts: Save 2.5% on your dining bills.
  • Rewards Rate: The card offers a reward rate of up to 4.8% on your spending, with 5% Fuel Points on fuel, groceries, and bill payments.
  • Reward Redemption: Fuel Points earned through the HDFC IndianOil Credit Card can be redeemed in multiple ways:
    • Free Fuel at IndianOil Outlets using the complimentary IndianOil XTRAREWARDS Program (IXRP) membership, where 1 Fuel Point equals 96 Paise.
    • Redemption through net banking towards catalog products, where 1 Fuel Point equals 20 Paise.
    • Cashback on the credit card, where 1 Fuel Point equals 20 Paise.
  • Travel, Golf, Lounge Access, and Insurance Benefits: The card does not offer specific travel, golf, domestic or international lounge access, or insurance benefits.
  • Zero Liability Protection: Cardholders benefit from zero liability in case of any unauthorized transactions, provided the loss or theft is reported to the bank within 24 hours post-loss or theft.

HDFC IndianOil Credit Card Reward Point Redemption:

  • Core Rewards: Earn 5% Fuel Points at IndianOil outlets, groceries, and bill payments, and 1 Fuel Point per Rs. 150 on other transactions.
  • Milestone Rewards: No specific rewards for monthly, quarterly, or annual spending milestones.
  • Movie & Dining: Enjoy a 2.5% discount on dining bills.
  • Rewards Rate: Get up to 5% of your spending as Fuel Points, with a reward rate of up to 4.8%.
  • Reward Redemption: Redeem your Fuel Points for free fuel at IndianOil outlets, catalog products, or as statement cashback.
  • Travel: No travel benefits, domestic or international lounge access.
  • Golf: No golf benefits.
  • Insurance Benefits: No insurance benefits offered.
  • Zero Liability Protection: You are not liable for unauthorized transactions reported within 24 hours.
  • Redemption Options: Redeem your Fuel Points on the IndianOil XTRAREWARDS portal for fuel, catalog products, or statement cash.
  • Redemption Fee: Rs. 99 + GST applies for redemptions.
  • Transfer Partners: No transfer partners available.
  • Annual Fees: Vary depending on the card variant.
  • Interest Rates: Standard interest rates apply.
  • Fuel Surcharge: No specific details provided.
  • Add-on Card Fee: Not mentioned.

Pros of HDFC IndianOil Credit Card


Cons of HDFC IndianOil Credit Card


HDFC IndianOil Credit Card Benefits

  • Spend-Based Waiver: Renewal fee waiver on annual spends of Rs 50,000 or more in the previous year.
  • Lifetime Free Card: Activate specific services within the first 90 days to make your card lifetime free.
  • Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver on fuel transactions over Rs 400, with a maximum cashback of Rs 250 per statement cycle.
  • Fuel Rewards: Earn up to 5% fuel points on fuel expenses and 1% on groceries and bill payments.
  • Redemption Options: Redeem fuel points for rebates or catalog purchases.
  • Fuel Points Validity: Points are valid for two years.
  • Lost Card Liability: No personal liability for unauthorized transactions when you report a lost or stolen card.
  • Interest-Free Period: Enjoy a 50-day interest-free period from the date of card purchase.

HDFC IndianOil Credit Card Charges and Fee

  • Joining Fee: Rs. 500
  • Annual Fee: Rs. 500
  • Renewal Fee Waiver: Based on annual spending
  • Interest Rate: 3.6% per month (43.2% per annum)
  • Rewards Redemption Fee: Rs. 99 + taxes per request
  • Foreign Currency Markup: 3.5%
  • Fuel Surcharge Waiver: 1%
  • Cash Advance Charges: 2.5% with a minimum of Rs. 500
  • Add-on Card Fee: Nil
  • Late Payment Charges: Vary based on the outstanding amount