Top Cashback Credit Cards for Fuel Purchases

Introduction

Fuel expenses are unavoidable, but cashback credit cards can help you save significantly every time you fill up your tank. Designed specifically for fuel purchases, these cards offer cashback, surcharge waivers, and other benefits to make every trip to the pump rewarding.

Looking for other cashback options? Explore our Cashback Credit Cards: Maximize Savings pillar page for a comprehensive guide to the best cashback cards in India.

Top Cashback Credit Cards for Fuel Purchases

1. HDFC IndianOil Bank Credit Card
   • Annual Fee: 500
   • Key Features:
     • Earn 5% of your spends at IndianOil outlets
     • Get 5% of your spends as Fuel Points on grocery and bill payments
     • 1 Fuel Point for every Rs. 150 spent on all other purchases
   • Why Choose: Best for IOCL customers who want significant savings on fuel and additional rewards for daily expenses.
   • Apply Now
2. ICICI Bank HPCL Coral Credit Card
   • Annual Fee: 199
   • Key Features:
     • 2.5% cashback on fuel purchases at HPCL
     • 2 reward points for every Rs. 100 spent
     • 1% fuel surcharge waiver
   • Why Choose: Ideal for HPCL loyalists seeking both fuel and lifestyle benefits.
   • Apply Now
3. Axis Indian Oil Credit Card
   • Annual Fee: 500
   • Key Features:
     • 4% value-back on fuel transactions
     • 1,250 EDGE reward points
     • 1% fuel surcharge waiver
   • Why Choose: Perfect for those looking for versatile cashback benefits, including fuel and utilities.
   • Apply Now
4. ICICI HPCL Super Saver Credit Card
   • Annual Fee: 500.
   • Key Features:
     • 4% cashback on HPCL fuel transactions.
     • 1.5% additional savings on fuel surcharge.
     • Reward points redeemable for fuel or other benefits.
   • Why Choose: Best suited for HPCL customers focused on maximizing fuel-related savings.
     Apply Now

Benefits of Fuel Cashback Credit Cards

1. Surcharge Waivers
   Save on the 1% fuel surcharge, applicable to most fuel transactions.
2. Additional Cashback
   Earn cashback or points on fuel purchases, which can be redeemed for future spends or fuel.
3. Broader Savings
   Many fuel cards also offer cashback on groceries, dining, and utility bills, ensuring comprehensive benefits.
4. Ease of Redemption
   Cashback rewards are easy to redeem and can often be directly credited to your account or statement.

Tips for Choosing a Fuel Cashback Credit Card

1. Station-Specific Benefits
   Choose a card aligned with your preferred fuel station brand, like BPCL or IndianOil.
2. Consider Annual Fees
   Opt for cards with low or waived annual fees based on spending thresholds.
3. Additional Perks
   Look for cards that also offer lifestyle benefits like dining discounts or utility cashback.
4. Understand the Redemption Process
   Ensure the cashback or rewards can be easily redeemed for your preferred use case.

FAQs for Fuel Cashback Credit Cards

Q: Do fuel cashback credit cards have spending limits for cashback?
Yes, most cards cap the cashback amount per month. Check the terms of your chosen card for details.

Q: Are these cards specific to certain fuel stations?
Some cards, like the BPCL SBI Credit Card, are specific to BPCL, while others like Standard Chartered Super Value Titanium Card work across all stations.

Q: Can I use a fuel card for other expenses?
Yes, most fuel cashback cards also offer rewards for other categories like groceries and dining.

Q: Are fuel surcharge waivers part of the cashback?
No, the surcharge waiver is an additional benefit that saves you 1% on eligible fuel transactions.