IndianOil HDFC Bank Credit Card
HDFC Bank
Annual Fee
₹500
Joining Fee
₹500 + GST
Base Reward
5% points
Foreign Markup
3.5%
Fee Waiver
Waived on ₹20,000 spend in first 90 days
Interest Rate
3.75% per month (45% annually)
Product Highlights
- 5% Fuel Points on IndianOil outlets, groceries, and bill payments
- 1 Fuel Point on every ₹150 spent on other purchases
- Up to 50 liters of free fuel annually
Rewards
5% Fuel Points on spends at IndianOil outlets, groceries, and bill payments. 1 Fuel Point for every ₹150 spent on other purchases.
Redemption
1 Fuel Point = ₹0.96 for fuel, ₹0.20 for catalogue products, and ₹0.20 for cashback.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
fuel | 5%(5% Fuel Points) | No cap |
grocery | 5%(5% Fuel Points) | No cap |
utilities | 5%(5% Fuel Points) | No cap |
other | 0.67%(0.67% on other spends) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| IndianOil | 5% Fuel Points(250 Fuel Points/month for first 6 months, 150 thereafter) | offline |
| Groceries | 5% Fuel Points(100 Fuel Points/month) | offline |
| Utilities | 5% Fuel Points(100 Fuel Points/month) | offline |
Benefits & Features
N/A
Fees & Charges
Eligibility
Min Age
21 years
Max Age
60 years
Min Income (Salaried)
₹1,44,000
Min Income (Self-Employed)
₹6,00,000
Available Networks
Pros & Cons
Pros
- High 5% Fuel Points on IndianOil outlets and groceries
- Ability to link with UPI for easy payments
Cons
- Initial cap of 250 Fuel Points for first 6 months
- No Fuel Points on government transactions and rentals
Additional Info
Fuel Points are valid for 2 years from the date of accumulation.
No Fuel Points will be earned for wallet reloading, government transactions, EMI transactions, rental payments, and gold purchases.
Renewal fee can be waived by spending ₹50,000 in the previous year.
Monthly max cap for Fuel Points accrued on IndianOil Outlets for the first 6 months is 250 FP, post 6 months is 150 FP.
Excluded Categories