Best Credit Cards for Fuel Purchase in India (July 2025) – Maximize Savings & Surcharge Waiver

The petrol price is been increasing day by day which is affecting your monthly budget, especially if you’re spending ₹5,000–₹15,000 each month. By using right fuel credit card can reduce these costs. As these cards gives you cashback, reward points on your fuel purchases, and also you can save 1% surcharge waiver at petrol pumps. No matter if you fill up the petrol from IndianOil, HPCL, or BPCL, choosing the right credit card can save alot of amount each year.

Best Credit Cards for Fuel Purchase in India – July 2025

1. IndianOil RBL Bank XTRA Credit Card

• Annual Fee: ₹1,500
• Fuel Benefits: 15 Fuel Points for every ₹100 at IndianOil pumps (up to 2,000/month), up to 8.5% value-back
• Surcharge Waiver: 1% (up to ₹200/month; ₹500–₹4,000 per transaction)
• Pros:
  • Highest value-back among fuel cards
  • High monthly Fuel Points cap
• Cons:
  • Usable only at IndianOil
  • High annual fee

2. IndianOil HDFC Bank Credit Card

• Annual Fee: ₹500 (waived on ₹50,000 annual spend)
• Fuel Benefits: 5% Fuel Points at IndianOil (+5% on groceries/bills), up to 50L free fuel/year
• Surcharge Waiver: 1% (min ₹400 txn; max ₹250/cycle; all stations)
• Pros:
  • Good for regular IndianOil users
  • Fuel Points also on groceries/bills
• Cons:
  • Lower max rewards after 6 months

3. HPCL ICICI Bank Super Saver Credit Card

• Annual Fee: ₹500 (waived on ₹1,00,000 annual spend)
• Fuel Benefits: 4% direct cashback at HPCL pumps via HP Pay, up to 6.5% value-back with rewards
• Surcharge Waiver: 1% (max ₹100/month)
• Pros:
  • Strong HPCL cashback rate
  • Extra rewards on utilities, groceries
• Cons:
  • Best value only if using HP Pay app

4. BPCL SBI Card Octane

• Annual Fee: ₹1,499
• Fuel Benefits: Up to 7.25% savings on BPCL fuel (13X points + 1% surcharge waiver)
• Surcharge Waiver: 1% (on txn up to ₹4,000)
• Pros:
  • High reward rate at BPCL
  • Additional lounge perks
• Cons:
  • High fee; only for BPCL users

5. IndianOil Axis Bank Credit Card

• Annual Fee: ₹500
• Fuel Benefits: Up to 5% value-back at IndianOil stations
• Surcharge Waiver: 1% (₹400–₹4,000)
• Pros:
  • Good value for IndianOil loyalists
  • Cashback also on groceries/utilities
• Cons:
  • Capped maximum monthly rewards

6. HDFC Bharat Cashback Credit Card

• Annual Fee: ₹500 (waived on ₹50,000 annual spend)
• Fuel Benefits: 5% monthly cashback on fuel, groceries, IRCTC
• Surcharge Waiver: 1% (up to ₹250)
• Pros:
  • Flat cashback on all brands
  • Low annual fee
• Cons:
  • Cashback cap may limit high spenders

7. IDFC First HPCL Power+ Credit Card

• Annual Fee: ₹499
• Fuel Benefits: Up to 6.5% savings at HPCL; also on groceries and FASTag
• Surcharge Waiver: 1% on HPCL pumps
• Pros:
  • Multiple savings categories
  • Welcome benefits worth ₹2,500
• Cons:
  • Exclusive to HPCL

8. IndianOil Kotak Credit Card

• Annual Fee: ₹449 (waived on ₹50,000 annual spend)
• Fuel Benefits: Up to 4% back on IndianOil; also rewards dining and groceries
• Surcharge Waiver: 1% (₹100 max/month)
• Pros:
  • Budget-friendly
  • Useful for mixed-category spenders
• Cons:
  • IndianOil usage focus

9. HPCL Energie RuPay BOBCARD

• Annual Fee: ₹499 (waived on ₹50,000 annual spend)
• Fuel Benefits: Cashback at HPCL outlets
• Surcharge Waiver: 1% (₹400–₹5,000/txn)
• Pros:
  • Suitable for HPCL customers
  • Points on other spends
• Cons:
  • Modest fuel-specific rewards

10. Axis Bank Freecharge Plus Credit Card

• Annual Fee: ₹499
• Fuel Benefits: 1% surcharge waiver (₹400–₹4,000/txn)
• Pros:
  • Simple usage, decent for online payments
• Cons:
  • Limited exclusive fuel rewards

Comparison Table

Conclusion: Which Card is Best for You?

• IndianOil Loyalists: IndianOil RBL Bank XTRA or IOCL HDFC for max points.
• HPCL Regulars: ICICI HPCL Super Saver or IDFC HPCL Power+.
• BPCL Users: BPCL SBI Card Octane for high fuel savings + perks.
• Mixed/All-brand Users: HDFC Bharat Cashback for flexibility.
• Low Fee Seekers: IOCL Kotak, HDFC Bharat, or HPCL Energie BOBCARD.

Pick a card based on which pump you use most, your total spend, and redemption preferences for maximum benefit.

FAQs

1. Is fuel surcharge waiver available at all petrol pumps?
   Surcharge waivers are generally available at specific brands (IndianOil, HPCL, BPCL) and only on eligible transactions (usually ₹400–₹4,000/t), though some cards offer waivers at all stations.
2. Is the annual fee automatically waived?
   Most cards waive the annual fee upon reaching a set spending threshold each year—check the card’s terms.
3. Can I redeem fuel reward points for free fuel?
   Many co-branded cards allow fuel points to be redeemed for fuel, mostly at partner stations like IndianOil, HPCL, BPCL.
4. Does a fuel card provide cashback on groceries and dining?
   Select cards like HPCL ICICI Super Saver and IOCL HDFC offer rewards/cashback on groceries, dining, or utility bills.
5. How much monthly savings can I expect?
   For ₹5,000–₹15,000/month fuel spend, savings can range from ₹250 up to ₹1,200/month, depending on the card and usage pattern.
6. Are digital wallet fuel payments covered?
   Some cards (like HPCL ICICI Super Saver) offer fuel rewards only when paying via partnered apps (e.g., HP Pay). Others may restrict wallet-based purchases.
7. What counts towards the annual fee waiver?
   All eligible spends, including fuel (and sometimes groceries/bills), usually count towards the waiver limit.
8. Are fuel reward points valid forever?
   No—points typically expire after 2 years; check each card’s policy.
9. Can I use multiple fuel cards for different brands?
   Yes, but managing multiple cards for max reward is advised only for higher spenders.
10. Are there hidden charges on fuel cards?
    Card issuers may include late fees, interest, and taxes; always read the terms