8 Best Fuel Credit Cards in India as on Oct 2025

1. IndianOil RBL Bank XTRA Credit Card

Joining/Annual Fee: ₹1,500 + GST
Annual Fee Waiver: On annual spends of ₹2,75,000​
Fuel Partner: IndianOil (IOCL)

This card delivers the highest fuel savings in India, offering up to 8.5% value back on IOCL fuel purchases. Cardholders earn 15 Fuel Points per ₹100 spent at IndianOil stations (capped at 2,000 Fuel Points per month), where each Fuel Point is valued at ₹0.50. Additionally, there’s a 1% fuel surcharge waiver up to ₹200 per month on transactions between ₹500 and ₹4,000. Welcome benefits include 3,000 Fuel Points (worth ₹1,500) upon paying the joining fee and making a transaction of ₹500 or more within 30 days. The card is ideal for high fuel spenders who regularly refuel at IndianOil outlets.

2. BPCL SBI Card Octane

Joining/Annual Fee: ₹1,499 + GST
Annual Fee Waiver: On annual spends of ₹2,00,000
Fuel Partner: Bharat Petroleum (BPCL)

The BPCL SBI Card Octane provides 7.25% value back on fuel and lubricant spends at BPCL outlets, comprising 25 reward points per ₹100 spent (6.25% value back) plus a 1% fuel surcharge waiver up to ₹100 per month. Cardholders receive 6,000 bonus reward points (worth ₹1,500) as a welcome benefit. Beyond fuel, the card offers 10X reward points on groceries, departmental stores, movie tickets, and dining. Additional perks include four complimentary domestic airport lounge visits annually and gift vouchers worth ₹2,000 on annual spends of ₹3 lakhs. Each reward point is valued at ₹0.25, redeemable for fuel at BPCL stations.

3. IDFC FIRST Power+ Credit Card

Joining/Annual Fee: ₹499 + GST
Annual Fee Waiver: Details vary
Fuel Partner: Hindustan Petroleum (HPCL)

This card offers 6.5% savings on HPCL fuel spends through reward points and fuel surcharge waivers. Cardholders earn 24 reward points per ₹150 spent on HPCL fuel and LPG (equivalent to 4% cashback), plus an additional 1.5% cashback through the HP Pay app (6 Payback points per ₹100 spent). There’s also a 1% fuel surcharge waiver. The card provides 30X reward points on grocery and utility bill payments, plus complimentary quarterly domestic airport lounge access on spending ₹75,000 in the previous quarter. Welcome benefits include rewards worth ₹2,500. At its low annual fee of ₹499, this card offers excellent value for HPCL users.

4. IndianOil Axis Bank Premium Credit Card

Joining/Annual Fee: ₹1,000 + GST
Annual Fee Waiver: On annual spends of ₹1,00,000
Fuel Partner: IndianOil (IOCL)

This premium card offers up to 5% value back on IOCL fuel purchases, combining 4% through reward points and 1% through unlimited fuel surcharge waiver. Cardholders earn 6 EDGE Miles per ₹150 spent at IndianOil outlets (up to ₹15,000 per month), with each EDGE Mile valued at ₹1. Beyond fuel, the card provides 2X EDGE Miles on grocery and supermarket spends up to ₹5,000 monthly. Additional benefits include 2 complimentary domestic airport lounge visits per quarter, 30% discount on Zomato orders (up to ₹150, twice monthly), and dining discounts through the Axis Bank Dining Delights program. Welcome benefit of 500 EDGE Miles is awarded on the first spend within 30 days.

5. BPCL SBI Card (Non-Premium)

Joining/Annual Fee: ₹499 + GST
Annual Fee Waiver: On annual spends of ₹50,000
Fuel Partner: Bharat Petroleum (BPCL)

This entry-level BPCL co-branded card delivers up to 4.25% value back on BPCL fuel purchases, comprising 3.25% through reward points (13 points per ₹100 spent, capped at 1,300 points monthly) and 1% fuel surcharge waiver (up to ₹100 per month on transactions up to ₹4,000). Each reward point is valued at ₹0.25. Welcome benefits include 2,000 activation bonus reward points worth ₹500 upon paying the joining fee. The card offers 5X reward points on groceries, departmental stores, dining, and movies. Accumulated reward points can be instantly redeemed at over 1,200 BPCL outlets without any minimum threshold. For regular BPCL users seeking an affordable fuel card with decent non-fuel benefits, this card provides excellent value.

6. HPCL Bank of Baroda ENERGIE Credit Card

Joining/Annual Fee: ₹499 + GST
Annual Fee Waiver: On annual spends of ₹50,000
Fuel Partner: Hindustan Petroleum (HPCL)

This co-branded card offers up to 6.5% savings on HPCL fuel spends, comprising 4% through reward points (24 points per ₹150 spent on fuel, LPG, and HP Pay App transactions), 1.5% Payback Points via the HP Pay App, and 1% fuel surcharge waiver. Each reward point is valued at ₹0.25. Welcome benefits include 500 reward points upon card issuance, plus 2,000 bonus reward points on spending ₹5,000 or more within 60 days. Beyond fuel, cardholders earn 10 reward points per ₹150 spent on utility bills and departmental stores (up to 2% savings), and 2 reward points per ₹150 on other categories. Additional perks include complimentary quarterly domestic airport lounge access (1 visit per quarter on spending ₹20,000 in the previous quarter) and 25% discount on movie tickets via the District app. The card is available in both Visa and RuPay variants.

7. IndianOil HDFC Bank Credit Card

Joining/Annual Fee: ₹500 + GST
Annual Fee Waiver: On annual spends of ₹50,000
Fuel Partner: IndianOil (IOCL)

This card provides up to 6% savings on IndianOil fuel spends through Fuel Points and surcharge waiver. Cardholders earn 5% Fuel Points on purchases at IndianOil outlets (capped at 250 Fuel Points per month for the first 6 months, then 150 Fuel Points monthly thereafter). Additionally, there’s a 1% fuel surcharge waiver up to ₹250 per month on IOCL fuel spends of ₹400 or above. Each Fuel Point is valued at up to ₹0.96 when redeemed. The card also awards 5% Fuel Points on groceries and bill payments (capped at 100 Fuel Points per month per category) and offers complimentary XTRAREWARDS program membership. Cardholders can earn up to 50 litres of free fuel annually.

8. IndianOil Axis Bank Credit Card

Joining/Annual Fee: ₹500 + GST
Annual Fee Waiver: On annual spends of ₹3,50,000​
Fuel Partner: IndianOil (IOCL)

This entry-level card provides up to 5% savings on IOCL fuel spends, including 4% back as 20 EDGE reward points per ₹100 spent and 1% fuel surcharge waiver (up to ₹50 per month on transactions between ₹400 and ₹4,000). Cardholders earn 1 EDGE reward point per ₹100 on other purchases, with each point valued at ₹0.20. Welcome benefits include 100% cashback up to ₹250 as EDGE rewards on the first fuel spend within 30 days. Additional perks include up to 15% discount on BookMyShow movie tickets and up to 20% discount on dining through the Axis Bank Dining Delights program. This card is well-suited for moderate IOCL users seeking an affordable fuel card option.

Comparison Summary

When selecting a co-branded fuel credit card, consider your monthly fuel expenditure, preferred fuel station brand, and whether the annual fee can be offset through rewards and benefits. Cards with higher annual fees typically offer superior rewards but require higher spending thresholds to maximize value.