Best Fuel Credit Cards in India for 2024

With fuel prices seemingly on a never-ending rollercoaster ride, it feels like we’re always bracing ourselves for that heart-stopping moment at the pump. But here’s some good news that might just make your next pit stop feel like a cherry on top: fuel credit cards. Think of them as your trusty sidekick, always there to help you save some cash and make the most out of every drop you put in your tank. These cards come packed with perks like cashback, reward points, and even waivers on fuel surcharges, so you can keep a bit more money in your wallet for the things that truly matter—like that weekend road trip or treating yourself to a nice dinner.

For those of us who spend more time behind the wheel than we’d like to admit, whether it’s zipping around the city on a bike or cruising down highways in a car, these fuel credit cards are a no-brainer. They’re designed to turn every fuel stop into an opportunity to save. In this guide, we’ll dive into the top fuel credit cards in India for 2024-25. We’ll break down their features, benefits, eligibility criteria, and why they could be the perfect fit for anyone looking to ease the pinch of rising fuel costs. So buckle up, and let’s explore the cards that could make your next visit to the petrol station feel a lot more rewarding!

List of Best Fuel Credit Cards in India 2024

Credit Card	Annual Fee	Cashback/Rewards	Rating
HPCL BoB ENERGIE Credit Card	₹499	5 reward points per ₹100 spent on fuel	★★★★☆ (4.4/5)
Indian Oil Axis Bank RuPay Credit Card	₹500	4% cashback on fuel, 2% on online shopping	★★★★☆ (4.5/5)
BPCL SBI Card Octane	₹1,499	6.25% value back on BPCL fuel spends	★★★★☆ (4.6/5)
Indian Oil HDFC Bank Credit Card	₹500	5% cashback on fuel spends	★★★★☆ (4.4/5)
ICICI Bank HPCL Super Saver Credit Card	₹500	4% cashback on HPCL fuel, 5% on groceries and utilities	★★★★☆ (4.3/5)
IDFC HPCL First Power Plus Credit Card	₹199	5 reward points per ₹100 on HPCL fuel	★★★★☆ (4.2/5)
BPCL SBI Credit Card	₹499	4.25% value back on BPCL fuel spends	★★★★☆ (4.3/5)
Standard Chartered Super Value Titanium Credit Card	₹750	5% cashback on fuel purchases	★★★★☆ (4.3/5)
Indian Oil Axis Bank Premium Credit Card	₹1,500	5% cashback on fuel at IndianOil outlets	★★★★☆ (4.5/5)
IDFC HPCL FIRST Power Credit Card	None	4 reward points per ₹100 on HPCL fuel	★★★★☆ (4.2/5)

Features and Benefits of Fuel Credit Cards

Fuel Surcharge Waiver:

• Savings on Surcharges: Many fuel credit cards offer a fuel surcharge waiver, which can save you between 1% and 3.5% on fuel transactions across various fuel stations.
• Wide Acceptance: These waivers are often valid across a broad network of fuel stations, making them versatile regardless of where you refuel.

Cashback and Rewards:

• Direct Cashback: Some cards offer direct cashback on fuel purchases, providing immediate savings.
• Reward Points: Earn reward points on fuel spends, which can be redeemed for fuel, gift vouchers, or other rewards.

Low or No Annual Fees:

• Affordable Options: Many fuel credit cards come with low or waived annual fees, especially when you meet specific spending criteria.
• Fee Waivers: Some cards waive the annual fee if you reach a certain spending threshold, adding more value to your card use.

Additional Benefits:

• Dining and Travel Discounts: Some cards provide additional perks such as discounts on dining, travel, and entertainment.
• Insurance Coverage: Certain cards offer complimentary insurance coverage, adding value beyond just fuel savings.

EMI and Flexible Payment Options:

• EMI Conversion: Fuel credit cards often allow you to convert large purchases into EMIs, making it easier to manage expenses.
• No-Cost EMI: Some cards provide no-cost EMI options, allowing you to pay off purchases over time without extra interest.

Top Fuel Credit Cards in India 2024

1. HPCL Bank of Baroda ENERGIE Credit Card

Features and Benefits:

• Annual Fee: ₹499 (waived on spending ₹25,000 annually).
• Rewards: Earn 5 reward points for every ₹100 spent on fuel at HPCL petrol pumps.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions at HPCL outlets.
• Additional Perks: 5% cashback on grocery purchases, 1 reward point per ₹100 on all other spends.
• Insurance Coverage: Complimentary personal accident insurance cover up to ₹2 lakh.

Eligibility:

• Minimum annual income of ₹2 lakh.

Review and Rating:

• Review: The HPCL BoB ENERGIE Credit Card offers strong rewards for HPCL users, with added benefits like grocery cashback and insurance coverage, making it an excellent option for those looking to save on both fuel and everyday expenses.
• Rating: ★★★★☆ (4.4/5)

2. Indian Oil Axis Bank RuPay Credit Card

Features and Benefits:

• Annual Fee: ₹500 (waived on spending ₹50,000 annually).
• Rewards: 4% cashback on fuel purchases at IndianOil outlets, 2% on online shopping, and 1% on all other spends.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions at IndianOil outlets.
• Additional Perks: Discounts on dining at partner restaurants and cashback on utility bill payments.
• Security Features: Enhanced security with RuPay contactless technology.

Eligibility:

• Minimum annual income of ₹2.4 lakh.

Review and Rating:

• Review: The Indian Oil Axis Bank RuPay Credit Card is tailored for IndianOil customers, offering substantial cashback and a surcharge waiver on fuel purchases, along with benefits on dining and online shopping.
• Rating: ★★★★☆ (4.5/5)

3. BPCL SBI Card Octane

Features and Benefits:

• Annual Fee: ₹1,499 (waived on spending ₹2 lakh annually).
• Rewards: 6.25% value back as reward points on fuel spends at Bharat Petroleum outlets.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions.
• Additional Perks: 20 reward points per ₹100 spent on Bharat Petroleum fuel transactions, discounts on movie tickets and dining.
• Insurance Coverage: Complimentary fraud liability cover of ₹1 lakh.

Eligibility:

• Minimum annual income of ₹3 lakh.

Review and Rating:

• Review: The BPCL SBI Card Octane offers exceptional rewards for loyal BPCL customers, with a high return on fuel spends and additional benefits on dining and movies, making it ideal for frequent travelers.
• Rating: ★★★★☆ (4.6/5)

4. Indian Oil HDFC Bank Credit Card

Features and Benefits:

• Annual Fee: ₹500 (waived on spending ₹30,000 annually).
• Rewards: Earn 5% cashback on fuel spends at IndianOil outlets.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions at IndianOil outlets.
• Additional Perks: Discounts on utility bills and grocery purchases, easy EMI conversion options.
• Lounge Access: Complimentary lounge access at select airports.

Eligibility:

• Minimum annual income of ₹2.5 lakh.

Review and Rating:

• Review: The IndianOil HDFC Bank Credit Card is perfect for IndianOil customers, providing high cashback on fuel and additional perks like lounge access, making it a great card for frequent travelers and commuters.
• Rating: ★★★★☆ (4.4/5)

5. ICICI Bank HPCL Super Saver Credit Card

Features and Benefits:

• Annual Fee: ₹500 (waived on spending ₹1 lakh annually).
• Rewards: 4% cashback on fuel transactions at HPCL outlets using HP Pay, 5% cashback on utility bills and grocery spends.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions at HPCL stations.
• Additional Perks: 25% discount on movie tickets and discounts on dining.
• Security Features: Inbuilt chip technology for enhanced security.

Eligibility:

• Minimum annual income of ₹2 lakh.

Review and Rating:

• Review: The ICICI Bank HPCL Super Saver Credit Card is ideal for customers who frequent HPCL fuel stations and want additional savings on groceries and utility bills. The discounts on movies and dining add further value.
• Rating: ★★★★☆ (4.3/5)

6. IDFC HPCL First Power Plus Credit Card

Features and Benefits:

• Annual Fee: ₹199 (waived on annual spends above ₹50,000).
• Rewards: Earn 5 reward points per ₹100 spent on fuel at HPCL pumps.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions.
• Additional Perks: Discounts on dining, utility bill payments, and EMI conversion options.
• Insurance Coverage: Complimentary accident insurance cover of ₹1 lakh.

Eligibility:

• Minimum annual income of ₹2 lakh.

Review and Rating:

• Review: The IDFC HPCL First Power Plus Credit Card offers robust rewards and benefits for HPCL customers, including cashback on utility payments and dining, making it a well-rounded option for daily use.
• Rating: ★★★★☆ (4.2/5)

7. BPCL SBI Credit Card

Features and Benefits:

• Annual Fee: ₹499 (waived on spending ₹50,000 annually).
• Rewards: 4.25% value back as reward points on fuel spends at Bharat Petroleum outlets.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions.
• Additional Perks: Discounts on dining, movies, and utility payments.
• Security Features: Zero liability protection on lost card.

Eligibility:

• Minimum annual income of ₹2.5 lakh.

Review and Rating:

• Review: The BPCL SBI Credit Card offers good value back on fuel spends at BPCL outlets, along with useful perks on dining and movies. It’s an excellent choice for those who prefer BPCL fuel stations.
• Rating: ★★★★☆ (4.3/5)

8. Standard Chartered Super Value Titanium Credit Card

Features and Benefits:

• Annual Fee: ₹750 (waived on annual spends above ₹60,000).
• Rewards: 5% cashback on fuel purchases at all petrol stations across India.
• Cashback: 5% cashback on utility bill payments and telephone bills.
• Fuel Surcharge Waiver: 1% surcharge waiver on fuel transactions.
• Additional Perks: Discounts on dining, travel, and hotel bookings through partner platforms.

Eligibility:

• Minimum annual income of ₹2.5 lakh.

Review and Rating:

• Review: The Standard Chartered Super Value Titanium Credit Card offers broad benefits across all fuel stations, making it highly flexible for fuel savings. The 5% cashback on utility bills further adds value for regular expenses.
• Rating: ★★★★☆ (4.3/5)

9. IndianOil Axis Bank Premium Credit Card

Features and Benefits:

• Annual Fee: ₹1,500 (waived on spending ₹1.5 lakh annually).
• Rewards: 5% cashback on fuel transactions at IndianOil outlets.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions at IndianOil stations.
• Additional Perks: Discounts on dining and retail purchases, complimentary lounge access at select airports.
• Security Features: Enhanced protection against card fraud with EMV chip technology.

Eligibility:

• Minimum annual income of ₹3 lakh.

Review and Rating:

• Review: The IndianOil Axis Bank Premium Credit Card is perfect for high spenders who frequently refuel at IndianOil stations. The high cashback on fuel and lounge access benefits make it a premium choice.
• Rating: ★★★★☆ (4.5/5)

10. IDFC HPCL FIRST Power Credit Card

Features and Benefits:

• Annual Fee: No annual fee.
• Rewards: 4 reward points per ₹100 spent on fuel at HPCL pumps.
• Fuel Surcharge Waiver: 1% waiver on fuel transactions at HPCL outlets.
• Additional Perks: Discounts on dining, cashback on utility bill payments, and EMI options.
• Security Features: Complimentary insurance against fraud and personal accident.

Eligibility:

• Minimum annual income of ₹2 lakh.

Review and Rating:

• Review: The IDFC HPCL FIRST Power Credit Card is a no-annual-fee card that offers solid rewards on fuel spends and discounts on dining, making it an attractive option for cost-conscious consumers.
• Rating: ★★★★☆ (4.2/5)

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