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FuelBeginner friendly

IndianOil HDFC Bank Credit Card Review

IndianOil HDFC Bank is best for low-cost fuel savings at indianoil pumps. 5% back as Fuel Points at IndianOil pumps.

Annual fee₹500 + GST
Fee waiver₹50,000 / year
Top reward rate5%
Forex markup3.5%
NetworkMastercard
Min. incomeNot published
Visit HDFC Bank website Calculate my rewards

Pros

  • 5% back as Fuel Points at IndianOil pumps
  • 5% on groceries and bill payments
  • Fee waived at just ₹50,000 yearly spend

Cons

  • Low monthly caps on Fuel Points
  • Fuel Points only useful at IndianOil

Reward rate by category

Effective value back per ₹100 spent. Fuel Points redeemable for free fuel at IndianOil outlets.

Amazon0.67%
Flipkart0.67%
Other online shopping0.67%
Food delivery0.67%
Dining out0.67%
Groceries5%
Flights & hotels0.67%
Fuel5%
Bills & recharges5%
Everything else0.67%

Caps, tiers & milestones

  • 5% fuel points at IndianOil capped at 250 a month for 6 months, then 150
  • 5% on groceries capped at 100 fuel points a month
  • 5% on bill payments capped at 100 fuel points a month

How much could you earn?

Estimated yearly value after fees and caps for typical spending patterns.

Balanced spender
₹3,96,000/yr spend
₹5,888
Online shopper
₹3,90,000/yr spend
₹4,611
Frequent traveller
₹8,04,000/yr spend
₹3,307
Family & groceries
₹5,88,000/yr spend
₹6,049

Use my own spends

Lounge access

None

Compare IndianOil HDFC with

Similar credit cards

HDFC Bank Millennia Credit Card

CashbackShoppingBeginner friendly
Annual fee₹1,000 + GST
RewardsUp to 5%
Forex markup3.5%
  • 5% cashback on 10 merchants: Amazon, BookMyShow, Cult.fit, Flipkart, Myntra, Sony LIV, Swiggy, Tata CLiQ, Uber and Zomato
  • 1% cashback on other spends
  • ₹1,000 gift voucher every quarter you spend ₹1 lakh
View details

IndianOil HDFC Bank FAQs

What is the annual fee of the IndianOil HDFC Bank credit card?

The IndianOil HDFC Bank credit card has a joining fee of ₹500 and an annual fee of ₹500, plus 18% GST. The annual fee is waived if you spend ₹50,000 or more in a card year.

Is IndianOil HDFC Bank a good credit card?

The IndianOil HDFC Bank card is best for: low-cost fuel savings at indianoil pumps. Its main strengths are: 5% back as fuel points at indianoil pumps; 5% on groceries and bill payments. Its main drawback: low monthly caps on fuel points.

What is the forex markup on IndianOil HDFC Bank?

The IndianOil HDFC Bank card charges a 3.5% forex markup on international transactions, plus 18% GST on the markup.

Does IndianOil HDFC Bank offer airport lounge access?

No, the IndianOil HDFC Bank card does not offer complimentary airport lounge access.

✓ Details verified 26 September 2026Minimum income: not published by the bank. Sources: HDFC Bank: IndianOil HDFC Bank Credit Card. Banks change terms often, so confirm on the HDFC Bank website before applying.
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