Fuel is a necessary expense for most people and it can also take out a significant portion of one’s monthly budget. However, with the rise of fuel cashback credit cards, consumers can save money by earning cashback and reward points on fuel purchases. In this blog, we will discuss India’s top fuel credit cards that offer extra cashback and benefits to cardholders.
Top Fuel Credit Cards in India for Extra Cashback
If you’re looking for the best credit card for fuel rewards in India, you’re in luck. Here are some of the top fuel credit cards that offer great rewards, cashback, and benefits on fuel purchases.
HDFC Bank Regalia Credit Card
One of India’s top credit cards for petrol rewards is the HDFC Bank Regalia Credit Card. This card offers a 1% fuel surcharge waiver on fuel transactions of up to Rs. 5000 per billing cycle. In addition, for every Rs. 150 spent on fuel purchases, you can earn up to 5 reward points.
ICICI Bank HPCL Coral Credit Card
The ICICI Bank HPCL Coral Credit Card is a fantastic substitute for people looking for a credit card with petrol rewards. With this card, fuel purchases made at HPCL petrol stations are exempt from the 1% fuel levy. Also, for every Rs. 100 spent on fuel purchases at HPCL petrol stations, you can earn up to 6 payback points.
Standard Chartered Super Value Titanium Credit Card
The Standard Chartered Super Value Titanium Credit Card is a versatile card that offers cashback on various purchases, including fuel. This card offers a 1% fuel surcharge waiver on fuel transactions of up to Rs. 5000 per billing cycle. In addition, you can earn up to 5% cashback on fuel purchases made at all petrol pumps.
Axis Bank IndianOil Credit Card
The Axis Bank IndianOil Credit Card is specifically designed for those frequently purchasing fuel from IndianOil petrol pumps. This card offers a 1% fuel surcharge waiver on fuel transactions at IndianOil petrol pumps. In addition, you can earn up to 20 reward points for every Rs. 100 spent on fuel purchases at IndianOil petrol pumps.
OneCard Credit Card
OneCard credit card is India’s first premium metal card. It offers rewards on each transaction you make that does not expire, giving you the flexibility to use them as and when you want. Not only this, but it also offers 5x rewards on the top two spending categories. OneCard also offers a fuel surcharge waiver of 1%. It also has a surcharge capping of Rs. 400 per month.
Citibank IndianOil Credit Card
The Citibank IndianOil Credit Card is another great option for those who frequently purchase fuel from IndianOil petrol pumps. This card offers a 1% fuel surcharge waiver on fuel transactions at IndianOil petrol pumps. In addition, you can earn up to 4 turbo points for every Rs. 150 spent on fuel purchases at IndianOil petrol pumps.
These best credit cards for fuel rewards offer different cashback rates and reward points, which can help cardholders save money on fuel expenses.
What are the benefits of fuel credit card holders?
Fuel cashback credit card holders can enjoy several benefits, including.
- Fuel surcharge waiver: One of the primary benefits of using a fuel credit card is the fuel surcharge waiver. Many fuel credit cards offer a waiver on the fuel surcharge that is typically applied on fuel purchases made using credit cards.
- Cashback on fuel purchases: Most fuel cashback credit cards offer cashback or reward points on fuel purchases. These rewards can be redeemed for future fuel purchases or other purchases, such as movie tickets, dining, or shopping.
- Discounts on fuel purchases: These cards provide discounts for purchases made at particular businesses or petrol stations. These reductions can differ amongst cards but can be an excellent way to reduce fuel costs.
- Reward points on other purchases: Several credit cards that offer fuel cashback also give points for other transactions like dining, shopping, or travel. These bonus points can be accumulated and exchanged for different gifts or savings.
- Ease of use: Fuel credit cards are simple to use and frequently immediately apply rewards or discounts to your credit card account. This implies that you can carry cash or keep a list of rewards or discounts.
Fuel cashback credit cards not only provide fuel discounts, they also help users access airport lounges and get them other travel advantages – all of which help customers reduce their expenditure. Choose the best fuel cashback credit card that suits your needs and preferences and starts saving on your monthly expenses.