About IndianOil HDFC Credit Card
The Indian Oil HDFC Bank Credit Card is a co-branded fuel card, ideal for people who spend a lot on fuel every month. It offers accelerated rewards on Indian Oil fuel purchases, allowing cardholders to earn up to 50 liters of free fuel annually through fuel points. The card comes with a monthly reward cap: for the first six months, you can earn up to 250 fuel points per month (value up to Rs. 240), and after six months, the value back is Rs. 144 per month (capped at 150 points).
The value of points is lower when redeemed for other categories like product catalogs or cashback. So, to get the maximum benefit, it is best to redeem points against fuel. While the fuel savings are good, they are slightly lower than other Indian Oil card variants such as Axis Bank (Rs. 250 per month), Kotak Mahindra Bank (Rs. 300 per month), and RBL Bank (Rs. 500 per month).
Apart from fuel, the HDFC card also gives accelerated rewards on groceries and bill payments, with up to 100 fuel points per month per category, offering a total value of Rs. 192 (Rs. 96 per category). Other Indian Oil cards also offer rewards on non-fuel spends, for example: Axis gives 1% value-back on online shopping (up to Rs. 50 per month), and Kotak gives 2% back on grocery and dining (monthly savings up to Rs. 200).
Additionally, here is the base reward rate on non-accelerated categories on the Indian Oil cards:
Indian Oil HDFC: 1 fuel point for every Rs. 150, reward rate of 0.64%
Indian Oil Kotak: 3 reward points on every Rs. 150, reward rate of 0.5%
Indian Oil Axis: 1 reward point on every Rs. 100, reward rate of 0.2%
Indian Oil RBL: 1 fuel point on every Rs. 100, reward rate of 0.5%
IndianOil HDFC Credit Card Rewards Program
- uel Purchases: Earn 5% fuel points at Indian Oil outlets. Capped at 250 points per month for the first 6 months and 150 points per month after that.
- Groceries & Bill Payments: Earn 5% fuel points on groceries and bill payments, capped at 100 points per month per category.
- Other Purchases: Earn 1 fuel point for every Rs. 150 spent, including UPI transactions.
Redemption Options:
- Product Catalog: Up to Rs. 0.20 per point
- Cashback: Up to Rs. 0.20 per point
- IOCL Fuel Points: 1 Fuel Point = 3 XtraRewards Points (XRP), 1 XRP = Rs. 0.32 → 1 Fuel Point = Rs. 0.96
Other Features and Benefits
- Fuel Surcharge Waiver: Get 1% waiver on fuel purchases at all fuel stations in India. Minimum transaction Rs. 400, maximum waiver Rs. 250 per month.
- Membership: Complimentary IndianOil XTRAREWARDS™ (IXRP) membership.
- Annual Fee Waiver: Spend Rs. 50,000 or more in a year to get the annual fee waived.
Fees and Charges
| Type of Charge | Amount |
|---|
| Annual fee | Rs.500 (Reversible if annual spends exceed Rs.50,000) |
| Joining fee | Rs.500 |
| Minimum repayment amount | 5% of the total outstanding amount subjected to a minimum of Rs.200 |
| Cash advance limit | 40% of the credit limit |
| Finance charges | 3.49% per month |
| Interest-free credit period | Up to 50 days |
| Add-on card fee | Nil |
| Cash advance fee at HDFC Bank ATMs or other ATMs | 2.5% of the transaction amount subject to a minimum of Rs.500 |
| Cash advance fee at international ATMs | 2.5% of the transaction amount subjected to a minimum of Rs.500. |
| Cheque fee | Cheque value of up to Rs.5,000 - Rs.25 Cheque value of more than Rs.5,000 - Rs.50 |
| Late payment charges | - Less than equal to Rs.100 - Nil
- Rs.101 to Rs.500 - Rs.100
- Rs.501 to Rs.1,000 - Rs.500
- Rs.1,001 to Rs.5,000 - Rs.600
- Rs.5,001 to Rs.10,000 - Rs.750
- Rs.10,001 to Rs.25,000 - Rs.900
- Rs.25,001 to Rs.50,000 - Rs.1100
- More than Rs.50,000 Rs.1300
|
| Payment return charges | 2% of the payment amount subjected to a minimum of Rs.450. |
| Balance transfer processing charges | 1% of the balance transfer amount or Rs.250. The higher amount will be taken. |
| Over-limit payment | 2.5% of the over-limit amount subjected to a minimum of Rs.500. |
| Fuel surcharge | 1% of the fuel purchase amount will be waived |
| Reissue of lost, stolen or damaged card | Rs.100 |
| Cheque pickup fee | Nil |
| Rewards redemption fee | Rs.99 |
| Foreign currency transaction | 3.5% |
| Railway ticket fee | 1% of the transaction amount + GST |
| Cash payment fee | Rs.100 |
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Document Required For IndianOil HDFC Credit Card
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
IndianOil HDFC Credit Card Highlights
What do we like about this card?
- Earn up to5% fuel points on IndianOil transactions
- Additional fuel points on groceries and bill payments
- 1% fuel surcharge waiver on IndianOil outlets
- Easy EMI options and cashback redemption
- Renewal fee waived on annual spends of ₹50,000
- Accepted at over 50,000 IndianOil fuel stations
Things to Know Before you apply
Get this card if:
- You spend a lot on fuel every month.
- You use your credit card for bill payments.
- You have another card to cover non-fuel expenses.
- You want a low annual fee credit card.
Pros
- High savings on IndianOil fuel transactions
- Easy-to-understand reward system
- Affordable annual fee with easy waiver
- Fuel Points redeemable directly at fuel stations
- Useful for car/bike owners and daily commuters
Cons
- Benefits restricted to IndianOil outlets only
- Monthly capping on fuel point earning
- Not ideal for online shoppers or frequent travelers
- No travel, lounge, or lifestyle benefits
HDFC Bank Credit Card Contact Details
HDFC Card offers multiple ways to get assistance for your credit card queries and services.
- Contact Address: Manager, HDFC Bank Cards Division, PO BOX # 8654, Thiruvanmiyur PO Chennai - 600 041
- Helpline: You can contact us at 1800 1600 / 1800 2600.
- Simply SMS: - SMS “CCHELP” to 5676712
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Frequently Asked Questions
Yes, the card comes with a joining fee of ₹500 (plus taxes). The same amount is charged annually as renewal fees. However, the renewal fee can be waived if you spend ₹50,000 or more in the previous year.
Fuel Points can be redeemed at IndianOil outlets across the country for free fuel. Additionally, they can also be converted into gifts and vouchers through the HDFC rewards catalogue.
Yes, purchases of ₹2,500 or more can be converted into EMIs. Tenure options and interest rates vary, and you can choose the one best suited for you.
If you miss your payment, HDFC Bank will charge a late fee depending on the outstanding amount, along with finance charges at 3.49% per month until dues are cleared.
You should immediately contact HDFC Bank customer care to block the card. A replacement card will be issued upon request, with applicable replacement charges.
Yes, the IndianOil HDFC Bank Credit Card supports contactless payments for transactions up to ₹5,000.
