Joining Fee: ₹500* Plus Applicable Taxes
Renewal Fee: ₹500*Plus Applicable Taxes
Joining Fee: ₹500* + Tax
Renewal Fee: ₹500* + Tax
Low annual fee of Rs. 500
Enjoy 6% savings on fuel spends.
Get 5% back on grocery spends.
Author: MybankingTips Team
Welcome benefits:- Get ₹250 fuel gift voucher and 100% cashback (up to ₹250) on first fuel transaction.
Check your eligibility For This Card
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The IndianOil HDFC Bank Credit Card is a co-branded fuel card offered by HDFC Bank in partnership with Indian Oil Corporation Limited (IOCL). Designed specifically for frequent fuel spenders, it delivers accelerated fuel points on IndianOil petrol pumps and offers up to 50 litres of free fuel per year through its Fuel Points redemption program — all at an accessible annual fee of just ₹500.
This card is ideal for anyone who regularly fuels up at IndianOil outlets — petrol pumps, HP, and IOCL stations across India. Cardholders earn 5 fuel points per ₹150 spent at IndianOil fuel outlets, which translates to meaningful fuel savings month after month. Beyond fuel, the card also rewards grocery and utility bill payments, making it a practical everyday spending companion.
The IndianOil HDFC card uses a Fuel Points currency system — each fuel point is worth up to ₹0.96 when redeemed against IOCL fuel. This is the highest redemption value available; redeeming against other options (product catalog or cashback) yields lower value. For maximum benefit, always redeem your fuel points directly against IndianOil fuel purchases.
Who is this card for? The IndianOil HDFC Bank Credit Card is perfect for daily commuters, frequent highway drivers, or anyone who refuels regularly at IndianOil pumps. If you spend ₹3,000+ per month on fuel, this card can effectively pay for your fuel costs through points alone. Pair it with a premium travel card for the best of both worlds.
The IndianOil HDFC Bank Credit Card uses a Fuel Points system rather than straightforward cashback. Points earned can be redeemed against IndianOil fuel, or against other options at a lower value:
At IndianOil Fuel Outlets
5 fuel points per ₹150 spent. Capped at 250 points/month (first 6 months), then 150/month.
Groceries & Utility Bills
5 fuel points per ₹150 on grocery and utility bill payments. Capped at 100 points/month each.
All Other Spends
1 fuel point per ₹150 on all other eligible transactions. Minimum ₹150 transaction.
Excluded Categories: Fuel surcharge (the 1% waiver applies separately), wallet loads, rent payments, government transactions, jewelry, education fee payments via third-party apps, and cash advances do not earn fuel points. Fuel surcharge waiver is capped at ₹250 per statement cycle.
Maximise Your Fuel Points: Always redeem points against IndianOil fuel for the best value of ₹0.96 per point. Redeeming against cashback or product catalog gives significantly lower returns. Keep your monthly fuel spend under ₹7,500 to hit the 250-point cap in the first 6 months.
Consistently earning and redeeming fuel points at IndianOil outlets can yield the equivalent of up to 50 litres of free fuel annually — a massive perk for regular commuters and road trip enthusiasts.
Save on the mandatory 1% fuel surcharge levied at petrol pumps for credit card transactions. The waiver applies on transactions between ₹400 and ₹5,000, capped at ₹250 per billing cycle.
Earn 5 fuel points per ₹150 spent at supermarkets and grocery stores — up to 100 fuel points per month. Redeemable against fuel, making everyday grocery trips contribute to your free fuel kitty.
Pay electricity, water, gas, and other utility bills via the card and earn 5 fuel points per ₹150 — up to 100 fuel points per month. A handy way to earn rewards on non-discretionary monthly expenses.
Tap-and-go contactless payments at retail outlets and fuel pumps for transactions up to ₹5,000 without PIN entry. Fast, hygienic, and secure for day-to-day transactions.
Report your card lost or stolen to HDFC's 24-hour helpline and face zero liability on any fraudulent transactions made after reporting. Your savings are protected around the clock.
Enjoy up to 50 interest-free days on purchases from the date of transaction. Manage your cash flow smartly with this generous credit period, especially useful for large fuel or grocery bills.
Points earned can be transferred to the IOCL Xtrapower Fleet Card for businesses or individuals who manage multiple vehicle expenses, offering additional flexibility in point utilisation.
Smart Tip: The 250 welcome fuel points alone are worth ₹240 at IOCL pumps — nearly half the ₹500 joining fee recovered on day one. Combined with the enhanced first-6-month earning cap, the card pays for itself very quickly for any regular fuel buyer.
Apply for the IndianOil HDFC Bank Credit Card online in minutes — free eligibility check, zero CIBIL impact, and fuel points from your very first fill-up.
Fee Waiver Made Easy: Spend ₹50,000 in the preceding year (just ₹4,167 per month) to waive the ₹500 annual renewal fee. For a fuel card, this is extremely achievable — one full tank plus groceries and bills each month easily clears this threshold.
The IndianOil HDFC Bank Credit Card can be applied for online or at any HDFC Bank branch. Here are the standard eligibility requirements:
Minimum 21 years, Maximum 60 years at the time of application.
Minimum 21 years, Maximum 65 years at the time of application.
Minimum monthly income of ₹25,000 (₹3 lakh+ per annum). Latest 3 months' salary slips required.
Annual ITR (Income Tax Return) of ₹3 lakh or above. Latest 2 years' filings typically required.
A CIBIL score of 650+ is recommended. Existing HDFC bank customers with a good repayment history have better approval chances.
Indian Resident. Available to salaried employees and self-employed professionals or business owners.
Applying for the IndianOil HDFC Bank Credit Card is straightforward and can be done entirely online. Follow these steps:
Go to the HDFC Bank website and navigate to the IndianOil HDFC Bank Credit Card page, or use the Apply Now button on this page to go directly.
Enter your personal details — name, mobile number, PAN, date of birth, email ID, and employment type. Existing HDFC customers can pre-fill some details via their net banking login.
Upload your identity proof, address proof, income documents (salary slips or ITR), and a recent photograph. All uploads are encrypted and processed securely.
HDFC Bank verifies your documents and runs a credit check. In-principle approval typically comes within minutes to a few hours for eligible applicants.
Your IndianOil HDFC Card is dispatched within 7–10 working days. Activate it via the HDFC MyCards app or by making your first fuel purchase at an IndianOil outlet to start earning fuel points immediately.
* Data as of 2026. Benefits subject to change. Verify current T&Cs with respective issuers.
For every ₹150 spent at IndianOil fuel outlets, groceries, or utility bills, you earn 5 fuel points. For all other spends, you earn 1 fuel point per ₹150. Each fuel point is worth ₹0.96 when redeemed against IOCL fuel — the highest available redemption value. You can redeem points against fuel at any IndianOil petrol station across India.
Consistently maximising your monthly earning cap can yield the equivalent of up to 50 litres of free fuel per year when points are redeemed at IOCL outlets. This is calculated based on the monthly caps and average fuel prices. In the first 6 months, the cap is higher (250 pts/month), allowing faster accumulation.
Yes. Spend ₹50,000 or more in the 12 months preceding your renewal date and the ₹500 annual fee is completely waived for the next year. This works out to just ₹4,167 per month in card spending — a very achievable threshold for anyone using the card for fuel, groceries, and utility bills.
The card is a Visa credit card and works at all petrol pumps across India for payment. However, the accelerated 5% fuel points are earned only at IndianOil (IOCL) petrol stations. At other fuel brands (HP, BP, Shell), you earn only the base rate of 1 fuel point per ₹150. For maximum rewards, stick to IndianOil pumps.
Always redeem fuel points directly against IndianOil fuel to get the maximum value of ₹0.96 per point. Redeeming against a product catalog or as cashback typically yields a lower value per point. To redeem, visit any IndianOil outlet and inform the attendant you wish to redeem Xtrapower fuel points linked to your HDFC credit card.
No, this card is not ideal for international travel. It carries a 3.5% foreign currency markup fee on all overseas transactions, which is relatively high. It also offers no airport lounge access. If you frequently travel internationally, consider pairing this card with an HDFC Regalia Gold or Millennia card for better travel benefits.
HDFC Bank offers an enhanced monthly earning cap of 250 fuel points at IndianOil outlets in the first 6 months as a welcome incentive. After this introductory period, the cap reverts to 150 fuel points per month. This is a common feature of entry-level co-branded fuel cards designed to encourage initial usage. Plan your spending to maximise the first 6-month window.
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