8 Best RuPay Fuel Credit Cards in India 2024
Fuel expenses are a significant part of the budget for many Indian drivers, whether for personal or professional use. RuPay fuel credit cards have emerged as a valuable financial tool to mitigate these costs through rewards and savings. Here’s a comprehensive look at the best RuPay fuel credit cards available in India in 2024.
Also Read: Best Hotel Credit Cards to Choose From in 2024
What is the Use of a Fuel Credit Card?
A fuel credit card is designed specifically to offer rewards and savings when used to purchase fuel. These cards are tailored to benefit frequent drivers by reducing the overall cost of fuel and often provide additional rewards for other types of spending.
Also Read: Best Credit Cards with Airport Lounge Access
Benefits of Using RuPay Fuel Credit Cards
RuPay fuel credit cards come with a variety of benefits:
- Cashback on Fuel Purchases: Cardholders can receive direct cashback on fuel spending, which can significantly reduce fuel costs over time.
- Fuel Surcharge Waivers: These cards often provide a complete or partial waiver on fuel surcharges, which are additional costs levied on fuel purchases made with credit cards.
- Additional Rewards and Discounts: Besides fuel-related benefits, these cards may offer rewards points, discounts, or cashback on other spending categories like groceries, dining, and entertainment.
Fuel Credit Card Annual Fees
While some fuel credit cards come with a joining fee and an annual fee, many offer ways to waive these fees based on annual spending. This makes them economical for regular users.
Best RuPay Fuel Credit Cards in India 2024
Let’s explore the top RuPay fuel credit cards available in India this year, highlighting their specific benefits and suitability for different spending patterns.
1. IDFC First Power RuPay Select Credit Card
Offers substantial cashback on fuel and EMI conversions, along with savings on other categories. Ideal for those who also spend on groceries and utilities.
- Joining Fee: Rs 199
- Annual Fee: Waived if annual spending exceeds Rs 50,000
Benefits:
- Rs 250 cashback on the first HPCL fuel transaction.
- Up to 5% cashback on EMI conversions.
- 5% savings on fuel expenses and 2.5% on grocery and utility expenses.
- Double rewards on all other retail transactions.
- Roadside assistance and low interest rates start from 9%.
Ideal for: Individuals who have a mix of fuel, grocery, and utility expenses, looking for robust rewards and benefits across various spending categories.
2. Indian Oil HDFC Bank Credit Card
Focused on Indian Oil customers, this card offers fuel points redeemable for free fuel and discounts on groceries and utility bill payments.
- Joining Fee: Rs 500
- Annual Fee: Only in the first year
Benefits:
- 5% savings on fuel at Indian Oil outlets and groceries.
- 1 fuel point for every Rs 150 spent.
- 1% fuel surcharge waiver.
- Gift voucher worth Rs 1,500 after initial spending requirements.
- Redemption of fuel points for free fuel.
Ideal for: Loyal Indian Oil customers who also want to earn rewards on their daily grocery and utility bill payments.
3. Axis IOCL RuPay Credit Card
Best for those who spend heavily on fuel at IOCL. It offers high rewards points on fuel purchases and additional benefits on online shopping.
- Joining Fee: Rs 500
- Annual Fee: Waived if spending exceeds Rs 50,000 per annum
Benefits:
- 100% cashback on fuel purchases within the first 30 days (up to Rs 250).
- 20 reward points per Rs 100 spent on fuel at IOCL.
- Discounts on movies and dining through partner platforms.
- 1% fuel surcharge waiver.
Ideal for: Frequent fuel purchasers at IOCL who are looking to maximize rewards on large fuel transactions.
4. HPCL RuPay Credit Card
Geared towards HPCL customers, offering savings and reward points on fuel purchases, with lounge access and entertainment benefits.
- Joining Fee: Rs 499
- Annual Fee: Waived if spending exceeds Rs 50,000 per annum
Benefits:
- 5% savings on fuel at HPCL.
- Bonus points for utility and grocery spending.
- Complimentary airport lounge access.
- Annual fee reversal on high yearly spending.
Ideal for: HPCL patrons looking for comprehensive benefits including savings on fuel as well as other essential categories like groceries and utilities.
5. ICICI Bank HPCL Super Saver RuPay Credit Card
This card offers rewards and cashback on fuel purchases made at HPCL outlets, alongside benefits in utilities and grocery spending.
- Joining Fee: Rs 500
- Annual Fee: Waived if annual spending exceeds Rs 1,50,000
Benefits:
- 1.5% cashback through HP Pay App at HPCL outlets.
- Additional rewards on utility and grocery purchases.
- Complimentary roadside assistance and lounge access.
- Personal accident insurance and 24*7 concierge services.
Ideal for: Those who frequently refuel at HPCL outlets and value a blend of travel, emergency, and lifestyle benefits.
6. IDFC First Power Plus RuPay Select Credit Card
A premium version of the IDFC First card, offering higher rewards and free fuel liters, suitable for high spenders.
- Joining Fee: Rs 499
- Annual Fee: Waived if spending exceeds Rs 1,50,000 per annum
Benefits:
- Rs 500 cashback on the first HPCL fuel transaction.
- Higher savings of up to 6.5% on fuel and 5% on groceries and utilities.
- Triple rewards on all other retail transactions.
- Roadside assistance, airport lounge access, and never expiring rewards.
Ideal for: High spenders seeking premium rewards on fuel, grocery, and utility spends, with the added perks of travel and emergency assistance.
7. Kotak IOCL RuPay Credit Card
Simple rewards structure focused on fuel and dining. Annual fee waivers contingent on meeting spending thresholds make it appealing for moderate spenders.
- Joining Fee: Rs 499
- Annual Fee: Waived if annual spending exceeds Rs 50,000
Benefits:
- 5% savings on fuel at Indian Oil outlets.
- Reward points on dining and grocery expenditures.
- Welcome the benefit of 1000 reward points on early spending.
Ideal for: Consumers looking for straightforward fuel rewards and who also spend regularly on dining and groceries.
8. Uni Carbon Credit Card
Offers straightforward benefits with cashback at HPCL outlets and rewards on other spending, including personal insurance covers.
- Joining Fee: Rs 499
- Annual Fee: Waived if spending exceeds Rs 100,000 per annum
Benefits:
- 1.5% cashback on fuel purchases through the HP Pay app at HPCL.
- Additional rewards for higher fuel spend and regular transactions.
- Personal accident and permanent disability cover up to Rs 10 lakhs.
Ideal for: Users seeking a balance between fuel savings and financial security, with an added emphasis on contactless and safe payment options.
Comparison Table for RuPay Fuel Credit Cards
Here’s a side-by-side comparison of these cards to help you choose the one that best fits your needs:
| Credit Card | Joining Fee | Annual Fee Waiver | Cashback and Rewards on Fuel | Additional Benefits |
|---|---|---|---|---|
| IDFC First Power RuPay Select | Rs 199 | Yes | Up to 5% | Grocery, utility savings, roadside assistance |
| Indian Oil HDFC Bank | Rs 500 | First-year only | 5% on fuel | Fuel points, grocery and utilities discounts |
| Axis IOCL RuPay | Rs 500 | Yes | 100% cashback up to Rs 250 | High rewards on fuel, discounts on movies and dining |
| HPCL RuPay | Rs 499 | Yes | 5% at HPCL | Rewards on utility, grocery, airport lounge access |
| ICICI Bank HPCL Super Saver RuPay | Rs 500 | Yes | 1.5% cashback | Rewards on utility, grocery, insurance, concierge |
| IDFC First Power Plus RuPay Select | Rs 499 | Yes | Up to 6.5% | Higher rewards on grocery, utility, lounge access |
| Kotak IOCL RuPay | Rs 499 | Yes | 5% on fuel | Rewards on grocery and dining |
| Uni Carbon | Rs 499 | Yes | 1.5% cashback | Rewards on other spends, insurance, contactless pay |
