11 Best Credit Card for Fuel in India 2020 (Review & Comparison)

I am covering the best credit cards for fuel in India 2020 that give maximum rewards or cashback on petrol pumps in India. All the premium credit cards give a waiver on the fuel surcharge but may not give any extra benefits.

I have provided a list of premium credit cards at the end of the article that provides a fuel surcharge waiver.

Here you can find details of 11 best credit card for petrol in india 2020 that provide additional benefit on fuel refill.

Best Fuel Credit Card in India 2020 (for all fuel outlets)

#1. Standard Chartered Super Value Titanium Credit Card

SC Super value titanium credit card offers 5% cashback on fuel. The biggest advantage is that you can use the credit card at any fuel station across India to get the cashback.

The minimum transaction should be of Rs 750. The maximum cashback you get- Rs 100 per transaction and Rs 200 per month.

Clearly, you can save up to Rs 2400 every year only on your fuel spends.

Extra Benefits

  • 5% cashback on phone bill
  • 5% cashback on utility bill spends

Annual Fee – Rs 750 (waived on spending Rs 60,000 in the year)

You would also get 100% one-time cashback (up to INR 1500) on fuel spends within 90 days of approval.

Potential Annual Savings

  • Just on fuel – Rs. 2400.
  • Saving of Rs. 5850 on annual expenses of Rs. 1,00,000

The card is best suitable if you are a first-time credit card applicant, spending mostly on fuel, mobile recharges and utility bills.

Best Credit Card for Fuel at Indian Oil Petrol Pumps in India

#2. Citibank IndianOil Credit Card Review

With Citibank IOC credit card you can earn 4 Turbo points on Rs.150 of fuel purchases at Indian Oil.

You will also get 1% surcharge waiver. The turbo points can be redeemed for fuel, 1 Turbo point = Rs.1 of fuel.

This way, you can save around 3.67% money on your fuel spends (4 points give you saving of 2.67% (4/150*100) + 1% saving on fuel surcharge).

Annual Fee – Rs 1000 (get a waiver on spending Rs. 30,000 per year)

Also, get 250 Turbo Points on your first spend within 30 days of card issuance

Potential Annual Saving

  • Just on fuel – Rs. 1730
  • Saving of Rs. 3249 on annual expenses of Rs. 1,00,000

Other Benefits

  • Get 2 Turbo Points on Rs.150 spent at grocery and supermarkets
  • 1 Turbo Point on Rs.150 for other spends
  • Up to 15% savings on dinings across participating restaurants

Best Petrol Credit Card in India 2020

#3. Standard Chartered Platinum Rewards Credit Card Review

SC Platinum rewards credit card offers 5 reward points per Rs 150 spend on fuel. There is no monthly cap on the rewards points on the fuel.

The redemption value of 5 rewards points would be Rs 1.25. You can redeem reward points at Flipkart, BookMyShow, Shoppers Stop, Marks & Spencer, and Amazon Kindle.

The platinum card is best if you are applying for the first time and looking for fuel benefit. The approval rate is also good when compared to other cards on the list.

Annual fees and Joining Fees

Rs. 250 joining fees but waived off with the first transaction within 90 days

Note: Next year fees waived off when you spend Rs. 30,000 in the first year

Benefits of SC Platinum rewards credit card

  • 5 reward points on fuel
  • 5 reward points for on dining
  • 1 reward point on all other spends

#4. RBL Platinum Maxima Credit Card Review

RBL Platinum Maxima credit card is an all-rounder credit card that offers extra reward points on fuel spends along with many other lucrative offers.

You get 10 reward points per Rs. 100 spent on fuel. Which is 2.5% savings on your fuel expenses (10 reward points = Rs 2.5)

Annual Fee – Rs. 2000 ( you can ask their customer care to get the annual fee waiver)

For the first year, you get 8000 bonus reward points equivalent to annual fee on making a purchase within 30 days.

Potential Annual Saving

  • Just on fuel – Rs.11500
  • Saving of Rs. 27000 on annual expenses of Rs. 1,00,000

Other Benefits

  • 2 complimentary domestic lounges visit every quarter
  • 10 Reward Points for every Rs. 100 spent (on dining, entertainment, utility bill payments, fuel and international purchases)
  • 2 Reward Points for every Rs.100 spent on all your other purchases
  • Get one free movie ticket up to Rs. 200 every month at BookMyShow
  • 10,000 bonus reward points on spending Rs. 2 lakhs in one year
  • Additional 10,000 bonus reward points on spending Rs. 3.5 lakhs in one year.

#5. HDFC Bharat Credit Card Review

HDFC Bharat Credit card offers 5% cashback on fuel spends on all petrol pumps.

Along with cashback, you will also get a 1% surcharge waiver on every fuel transactions. In order to get surcharge waiver, you need to spend minimum Rs. 400 and the maximum waiver is Rs. 250 per statement cycle.

Annual Fee – Rs 500 (spend Rs. 50,000 and get next year fee waiver)

Other Benefits

  • 5% cashback on rail bookings through IRCTC, bill pay, grocery and recharges
  • Additionally enjoy 5% cashback for all EasyEMI, PayZapp and SmartBUY transactions (Maximum cashback- Rs. 150 per month)

The biggest drawback-the cashback is capped at Rs 150 per month. You wouldn’t get any reward points on other purchases.

Best Credit Card for Fuel at Bharat Petroleum in India 2020

#6. SBI BPCL Credit Card Review

SBI BPCL credit card offers 13X reward points per Rs 100 on fuel purchases at BPCL petrol pumps.

The 13X reward points are equivalent to 3.25% of saving. Apart from that, you will also get a 1% fuel surcharge waiver as well. This way, you can save up to 4.25% saving on your fuel spends.

Annual fee – Rs. 499 ( get next year waiver on spending Rs 50,000)

SBI BPCL Credit Card Other Benefits

  • 5 reward points on every Rs. 100 spent at groceries, departmental stores, movies & dining
  • 5 reward points per Rs. 100 on standing instructions of utility bills payments.
  • 1 Reward Point for every Rs. 100 spent on non-fuel retail purchases
  • Apply online and get 250 BookMyShow voucher
  • 2,000 activation bonus reward points

Best suitable – if you refill at BPCL outlets, spend on groceries, departmental stores, movies, and utility payments.

Best Credit Card for Fuel in India at HPCL Outlets

#7. ICICI HPCL Coral Amex Credit Card Review

ICICI HPCL Coral Amex credit card offers 2.5% cashback on fuel purchase at HPCL pumps.

The maximum cashback is Rs 100 per month. You will get 1% fuel surcharge waiver as well. Apart from that, you will also earn 6 payback points per Rs 100 spent on fuel at HPCL pumps.

This way, you can save up to 5% on your fuel spends. 2.5% cashback + 1 % surcharge waiver + 1.5 % payback (redemption value) = Total savings of 5%

Note: While paying your card must be swiped on ICICI merchant services swipe machines.

Annual fee – Rs. 199 ( get next year waiver on spending Rs 50,000)

Potential Annual Saving

  • Just on fuel – Rs. 2350
  • Saving of Rs. 2819 on annual expenses of Rs. 1,00,000

Other Benefits

  • 2 Payback Points on all other retail spends.
  • Get Rs. 100 off on movie tickets at BookMyShow, twice each month
  • Minimum 15% savings at 800+ restaurants across cities in India

The major drawback- all the benefits including cashback, accelerated reward points, and fuel surcharge waiver is applicable only on HPCL petrol pumps.

#8. ICICI HPCL Coral VISA/MasterCard/Platinum Review

VISA, MasterCard and platinum card are the three variants of the ICICI HPCL Coral credit card.

The cards offer only 2.5% cash back and 1% surcharge waiver on fuel purchases at HPCL petrol pumps. You do not get any additional payback points on fuel spends like Amex variant.

If you are planning to apply for ICICI HPCL Coral credit card, you should go for the Amex variant.

Annual Fee – Rs 199 (get a waiver on spending Rs 50,000 per year)

Potential Annual Saving

  • Just on fuel – Rs. 1660
  • Saving of Rs. 2129 on annual expenses of Rs. 1,00,000

Other Benefits

  • 2 Payback Points on all other retail spends except fuel
  • Get Rs. 100 off on movie tickets at Bookmyshow, twice each month.
  • 15% off on dining at over 800 restaurants across cities in India

Other Credit Card for Getting Fuel Benefits

#9. Amex Membership Rewards Credit Card

American Express Membership Rewards card doesn’t give any reward points on fuel spends, but you can use a trick to get the maximum benefit on fuel spends.

The card gives rewards points on adding money to wallets like Paytm, Amazon Pay and Freecharge.

Then you can use these wallets to make payment at the fuel outlets. This way, you can save up to 10% on your fuel spends.

Quick Application Link For Amex Membership Rewards Card

I earn 1,000 Bonus Membership Rewards Points every month by doing 4 transactions of 1000 rupees. The reward points are worth Rs 400, a 10% savings.

Annual Fee

  • First Year – Rs. 1000
  • Second Year onwards – 4500

Spend Rs 1,50,000 and get next year renewal fee waiver. If you spend Rs. 90,000 to Rs. 1,49,999 only 50% of the fee is waived off.

Special Offer for Cashoverflow Readers

FREE for the first year and Rs 1500 from the second year.

Potential Annual Saving

  • Just on fuel – approx Rs. 4500-5000. Assuming annual fuel expenses of Rs 45000-50000
  • Saving of Rs. 6750 on annual expenses of Rs. 1,00,000

Other Benefits

  • Earn 1 Membership Rewards Point for every Rs. 150 spent except on Fuel, Insurance, Utilities, and Cash Transactions
  • Fuel surcharge waiver
  • Welcome Gift of 4,000 Bonus Membership Rewards Points
  • Get 5000 reward points on first renewal
  • Enjoy 20% off on dining at select restaurant partners.

#10. SBI Simply Save Credit Card Review

SBI Simply Save is not a fuel credit card but the card offers regular reward points on the fuel spends.

You get 1 reward points per Rs 100 spent on fuel. Along with reward points, there is a 1% fuel surcharge waiver (on a transaction between Rs 500 to 3000).

If your major expenses are on grocery, departmental stores, and free movie tickets along with fuel spends, then Simply Save is the best card for you.

Review Video (Hindi)

Annual Fee – Rs. 499 (spend Rs. 1 lakh in a year and get next year’s annual fee waiver)

Potential Annual Saving

  • Just on fuel – Rs 575
  • Saving of Rs. 2424 on annual expenses of Rs. 1,00,000

Other Benefits

  • Enjoy 10 reward points per Rs. 100 spent on dining, movies, departmental stores, and grocery
  • Earn 1 Reward Point for other spends
  • Get Rs. 100 cash back on your first ATM cash withdrawal (within 30 days of card approval)

#11. SBI SimplyClick Credit Card Review

Like Simply Save, Simply Click credit card also offers regular reward points on your fuel spends. You will get 1 reward point for every Rs. 100 spend. Also, there is a 1% fuel surcharge waiver (on a transaction between Rs 500 to 3000).

Simply Click is best for online spends (especially on exclusive partners). In case you make a lot of purchases online along with fuel spends this card would work best for you.

Annual Fee – Rs. 499 (spend Rs. 1 lakh in a year and get next year annual fee waiver)

Potential Annual Saving

  • Just on fuel – Rs 575
  • Saving of Rs. 1749 on annual expenses of Rs. 1,00,000

Other Benefits

  • Get 10X reward points on online spends with exclusive partners like Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, and Urbanclap.
  • 5X rewards on all other online spends
  • Get 1 reward point per Rs.100 on all other spends
  • Get Amazon gift card worth Rs.500 on joining
  • Cleartrip e-voucher worth Rs.2,000 on annual online spends of Rs.1 Lakh
  • Additional Cleartrip e-voucher worth Rs.2,000 on annual online spends of Rs.2 Lakhs

Best Credit Cards for Fuel Surcharge Waiver in India 2020

These are some of the best premium credit cards that offer 1% fuel surcharge waiver. But you wouldn’t earn any rewards points on your fuel spends with these credit cards.

  • HDFC Regalia
  • ICICI Platinum
  • AMEX Rewards
  • Amex Travel Platinum
  • SBI Prime
  • SBI Elite
  • IndusInd Iconia American Express
  • Kotak Royal Signature
  • Yes Bank Preferred
  • ICICI Sapphiro
  • Yes Preferred Exclusive

Which Card Should You Apply?

If you are looking primarily for fuel benefit, then apply for  – Standard Chartered Titanium Credit Card.

If you do online shopping along with fuel spends then apply for Amex Membership Rewards credit card.

27 thoughts on “11 Best Credit Card for Fuel in India 2020 (Review & Comparison)”

  1. I am spending credit card Rs.10 Lakh on Petrol Pump but surcharges 1.2%, kindly suggest me waiver or Refund my Surcharge

    Reply
  2. Hi
    Pls suggest what should i do as i have rs-30k monthly petrol expense.
    I already have sc titanium but it has a limit of 200 rs cashback every month.

    Reply
  3. I checked on website of Amex, no where it is written that Amex Membership Rewards Credit Card offers 10% gives rewards points on adding money to wallets like Paytm, Amazon Pay and Freecharge.

    Reply
  4. You didn’t mention about bajaj value plus supercard
    It gives 10% cashback at all petrol pumps.
    Kindly check that credit card

    Reply
  5. which is best credit card for me as i am living in udaipur rajasthan and spends around 12000/- monthly on petrol, other expenses is neglible.

    Thanks and Regards

    Reply
  6. I have SCB platinum rewards cards. Even though it gives 5X rewards points per 150/- spent on fuel but takes 1% surcharge. Meaning if I but 300/- fuel, I pay 303/- and get 10 RP whose value is equal to 2.5/- which is 0.5 less than what I pay as surcharge. And you have put this card in your list that also at the second position. That is awesome.

    Reply
  7. Hi Pardeep Goyal
    Thanks for your detailed content on Best Credit Card for fuel, Kindly clarify how can I save Rs 11500/- by using RBL Platinum Maxima credit card yearly ?

    If it is 10 Reward points for Rs 100 for fuel ie Rs 2.5 for 10 Reward points. If I spend Rs 1 Lakh for fuel I can earn only Rs 2500, how it is Rs 11500.

    Reply
    • Standard chartered super value platinum card required correction. If annual spend is of 90000 then fees is waived off.

      Reply

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