Top 5 Fuel Cashback Credit Cards in India

If rising fuel expenses are burning a hole in your pocket, fuel credit cards can offer much-needed relief. Designed exclusively for frequent drivers and daily commuters, these cards provide value-back through cashback, accelerated reward points, and surcharge waivers on fuel transactions. Many of these cards are introduced in collaboration with leading oil companies like Oil, HPCL, and BPCL to ensure maximum savings during refueling.

What’s more, their benefits don’t stop at the petrol pump. Top fuel credit cards in India also provide rewards on groceries, power bills, and other everyday spending. On this page, we’ve discussed the top 5 fuel credit cards by renowned banks like SBI, HDFC, ICICI, Axis, and RBL. Choose a fuel credit card that suits your lifestyle and spending patterns. Keep scrolling to read about their key features and why choose them.

List of 5 Best Fuel Cashback Credit Cards in India

Whether you’re looking to save more on your daily commute or want to earn rewards on everyday expenses, there’s a petrol credit card for you. Let’s check them out:-

1. BPCL SBI Card Octane

Joining Charge: Rs 1,499

Yearly Charge: Rs 1,499

The BPCL SBI Card Octane stands out as a premium fuel credit card for high-fuel spenders and lifestyle shoppers. Co-branded with Bharat Petroleum, it provides exceptional value on fuel purchases along with accelerated rewards on popular daily-use categories.

With strong value-backs on fuel and lifestyle categories, this credit card for fuel

offers one of the best reward structures among co-branded cards in India. This is what makes it a smart choice for travelers who want to save beyond the petrol pump.

Benefits of BPCL SBI Card Octane:-

• Up to 7.25 percent value-back on fuel, lubricants, and Bharat Gas spending through BPCL’s site and app (capped at 500 points/month on Bharat Gas).
• Receive 1 reward point/Rs 100 on all other retail purchases.
• 10 reward points per Rs 100 on dining, groceries, movies, and departmental stores (maximum 7,500 points/month).
• 1 percent fuel surcharge waiver (up to Rs 100/month) on spending up to Rs 4k at BPCL pumps.
• 6,000 bonus reward points (worth Rs 1,500) on yearly fee payment.
• Get 4 complimentary national airport lounge visits/year (one per quarter) through Visa.
• Easy redemption with reward points = Rs 1.
• Yearly fee waiver on reaching Rs 2 lac yearly spending.
• Enjoy Rs 2k worth of e-gift vouchers from Yatra, Aditya Birla Fashion, or Bata-Hush Puppies on spending Rs 3 lac annually.

2. IndianOil RBL Banak XTRA Credit Card

Joining Charge: Rs 1,500

Yearly Charge: Rs 1,500

For those who fill up at IndianOil fuel stations frequently, this fuel cashback credit card gives solid, no-nonsense value. With savings reaching up to 8.5 percent on fuel, it’s one of the few fuel credit cards that thoroughly focuses on one thing, and that’s cutting down your fuel costs without mixing in too many lifestyle benefits.

What makes this card differ is its whole focus on fuel. While other cards like BPCL, SBI Octane, or IDFC FIRST Power Plus sprinkle in grocery or dining perks, the IndianOil XTRA card is built thoughtfully for maximizing returns on petrol expenses. If your every month fuel bill hovers around Rs 45k, you could easily end up with the equivalent of 250 liters of fuel/per year. Note: that’s real-world value, not just reward jargon. For everyday drivers and long-distance commuters, it’s a straight-up way to save on something you already spend on: fuel.

Benefits of IndianOil RBL Bank XTRA Credit Card:-

• Enjoy 15 fuel points per Rs 100 spent on fuel at IndianOil stations (max 2000 points/month).
• 1 percent fuel surcharge waiver on spends between Rs 500 and Rs 4,000 (up to Rs 200/month).
• Redemption is quite simple: 1 Fuel point = Rs 0.50, XTRAREWARD point = Rs 0.30.
• 2 Fuel points per Rs 100 spent on other purchases
• 3,000 bonuses Fuel points on your first transaction of Rs 500 or plus within 30 days of issuance.
• 1,000 bonus Fuel points on quarterly spends of Rs 75k.

3. HPCL IDFC FIRST Power+ Credit Card

Joining Charge: Rs 499

Yearly Charge: Rs 499

This is the best petrol card that does a lot for its price. Designed around HPCL fuel users, the IDFC First Power+ Credit Card ensures solid fuel savings and goes beyond by packing in everyday perks on groceries, bill expenses, as well as app-based fuel spending.

While it doesn’t add the usual 1% fuel surcharge waiver, the card more than makes up for it with a high reward rate on HPCL transactions and additional value through the HP Pay app. It’s a smart choice if you’re just starting out with credit cards or looking for one that fits neatly into a modest monthly budget.

Add to this some useful lifestyle benefits, a low annual fee, and good everyday savings, and you have an all-around card that quietly and steadily pays off.

Benefits of HPCL IDFC FIRST Power+ Credit Card:-

• Receive 30 reward points per Rs 150 on HPCL fuel and LPG spends (roughly 5% back).
• When using the HP Pay app, earn 6 Happy Coins per Rs 100, an added 1.5 percent return.
• Enjoy the same 5% back on groceries, utilities, and FASTag recharges.
• For other retail and UPI transactions, earn 3 points per Rs 150.
• Reward point value: Rs 0.25 per point.
• Rs 500 cashback on your first HPCL fuel expense of Rs 500 plus within 30 days.
• Yearly fee waived on spending Rs 1.5 lac in a year.
• Additional benefits are as follows:

1. Rs 1k off on ZoomCar rentals.

2. 50% off on Eco Rent-A-Car and Europcar.

3. 5 percent cashback on your first EMI conversion (within 30 days)

4. 1 free domestic lounge access per quarter (on monthly spending of Rs 20k).

5. 25 percent off on movie tickets (once a month, capped at Rs 100).

4. IndianOil Axis Bank Credit Card

Joining Charge: Rs 500

Yearly Charge: Rs 500

If Indian Oil is your trusted fuel partner, this card provides a decent way to cut down on your fuel costs without paying a premium fee. With reward points and a 1 percent surcharge waiver, the savings are simple, particularly for those who don’t drive excessively but want fuel cashback on every refill.

It’s not bagged with lifestyle perks, but that’s not the point of this card. For someone who regularly fuels up at Indian Oil stations, the value-back is stable and easy to track. The dining discount is a nice touch, and if your monthly budget is moderate, this card fits well without adding unnecessary costs or complexities.

Benefits of IndianOil Axis Bank Credit Card:-

• Bonus EDGE reward points are equivalent to your first fuel spend (up to Rs 250) made within 30 days of card setup.
• 5 EDGE points per Rs 100 on online purchases between Rs 100 and Rs 5k (up to 250 points/month).
• Get 20 EDGE points per Rs 100 (around 4 percent back) on IOCL fuel spends between Rs 400 and Rs 4k, capped at 1,000 points/month.
• 1 percent fuel surcharge waiver (up to Rs 50/month) on IOCL spends within the eligible range.
• 1 EDGE point = Rs 0.20.
• All other spend earns 1 EDGE point per Rs 100.
• The yearly fee is waived if you spend Rs 3.5 lac in a year.
• Additional perk = 15 percent off (up to Rs 500) on dining bills of Rs 2,500 plus through EazyDiner (once per month).

5. ICICI HPCL Super Saver Credit Card

Joining Charge: Rs 500

Yearly Charge: Rs 500

Are you looking for the best credit card for fuel? Or do you regularly refuel at HPCL pumps and seek predictable cashback over confusing reward structures? This credit card could be a sensible pick. While it provides savings across a few other categories, its real strength lies in its focused fuel rewards.

The monthly caps on cashback and rewards do limit how much you can actually earn back, Rs 300 being the combined monthly ceiling. Still, for those new to credit cards or wishing to save modestly on recurring fuel and utility spending, the card gets the job done without overcomplicating things. Moreover, perks like movie discounts and lounge access give it just enough extra value without pushing up the cost.

Benefits of ICICIHPCL Super Saver Credit Card:-

• 4 percent cashback on HPCL fuel spends, capped at Rs 200 every month.
• Additional 1.5 percent back (6 points per Rs 100) when you use the HP Pay app at HPCL outlets.
• 2 reward points per Rs 100 on all other spends.
• 5 percent back on groceries, utility bills, and departmental stores (up to 400 points/month).
• 1 reward point = Rs 0.25.
• 1 percent cashback on fuel surcharge, valid across all fuel stations for spends up to Rs 4000.
• 2,000 bonus reward points for spending Rs 5,000 in the first 45 days and paying the joining fee.
• 1 complimentary domestic lounge access per quarter (spend Rs 35k in the previous quarter to qualify).
• Rs 100 cashback on your first HP Pay app recharge.
• 25% off on movies, twice a month (up to Rs 100 per transaction), when booking 2 or more tickets on BookMyShow or INOX.
• Yearly fee waived on annual spends of Rs 1.5 lakh.

Top 5 Fuel Cashback Credit Cards in India: Comparison Table

Final Words!

Fuel prices are a constant concern for everyday commuters and frequent travelers. To ease this burden, various banks in India offer fuel cashback credit card. A fuel credit card is a smart financial tool that helps users earn cashback, reward points, and fuel surcharge waivers every time they pay at the petrol pump. While eligibility criteria vary slightly across financial institutions, most require applicants to have a steady income, fall within a specified age bracket, and have a good credit score. Reduce monthly fuel expenses or earn rewards on everyday purchases from one of the fuel credit cards mentioned above.