Indian Oil HDFC Credit Card - Features, Benefits, Fees & Charges

Indian Oil HDFC Bank Credit Card (4.1)

Co-Branded Best For: Fuel
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Want to save some money on your fuel expenses? Well, you should check out the IndianOil HDFC Bank Credit Card! With this, you can earn 5% of your spending as Fuel Points at IndianOil outlets and 5% of your spending on groceries and bill payments. Plus, you'll enjoy up to 50 days interest-free credit period and many other benefits with just a joining and annual fee of ₹500. Keep reading to learn more!

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Fuel Surcharge
  • 1% fuel surcharge waiver at all Indian fuel stations ​​​​​on a minimum transaction of ₹400 and a maximum CashBack of ₹250 per statement cycle.
  • Earn up to 50 Litres of Free fuel annually. 
  • Earn 5% of your spends as Fuel Points at IndianOil outlets (Max 250 Fuel Points per month in first 6 months, Max 150 Fuel Points post 6 months from card issuance).
  • Earn 5% of your spends as Fuel Points on Groceries and Bill Payments (Max 100 Fuel Points per month on each category).
  • Earn 1 Fuel Point for every ₹150 spent on all other purchases.
Revolving Credit

Facility of revolving credit.

Note: The interest rate of 3.6% per month, i.e., 43.2% annually applicable.

Zero Lost Card Liability

Zero liability on any fraudulent transactions made on your Credit Card.

Note: Applicable on immediate reporting.

EMI Benefit

Facility to convert big purchases into Smart EMIs. The range of purchases includes: 

  • Insurance 
  • Groceries
  • Medical
  • Petrol
  • Utility
  • Apparel
  • Education
  • Electronics
  • Travel
Interest-Free Period

Up to 50 days of interest free period on your IndianOil HDFC Bank Credit Card from the date of purchase.

Reward Points

Reward Rate: 0.67% to 5%

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹500

Annual Fee

₹500

Annual Percentage Rate

43.2%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.50%

Cash Advance Limit

40%

Card Replacement Fee

₹100

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

2.50%

Reward Point Value

₹0.96
Late Payment Charges

Balance below ₹100

₹ 0

Balance from ₹100 to ₹500

₹ 100

Balance from ₹501 to ₹5000

₹ 500

Balance from ₹5001 to ₹10000

₹ 600

Balance from ₹10001 to ₹25000

₹ 800

Balance from ₹25001 to ₹50000

₹ 1100

Balance more than ₹50000

₹ 1300
Pros

Aspects that make this credit card amazing.

  1. Fuel transactions on all Fuel Outlets will get 1 Fuel Point for every ₹ 150/- spent.
  2. Renewal membership fee is waived on spending ₹50,000 and above in the first year.
  3. Offers 5% fuel points on groceries and bill payments.
  4. Flexible tenure of 6 to 24 months is available on EMI conversion.
  5. Earn 1 Fuel Point for every ₹ 150 spent on all other purchases.
Cons

Aspects this credit card lacks.

  1. The users can accumulate a maximum of 250 fuel points per month in the first 6 months.
  2. Accelerated 5% Fuel Points benefit available for fuel transactions on IndianOil Retail Outlets.
  3. Monthly maximum cap for fuel points accrued on IndianOil outlets post 6 months is 150.
  4. Gold and Jewellery linked transactions can’t be converted into Smart EMI.
Indian Oil HDFC Bank Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(3.5)

Rewards

(3.5)

Customer Service

(3)

HDFC Indian Oil Credit Card Review

The IndianOil HDFC Bank Credit Card provides travel benefits for an annual fee. In addition to fuel expenses, users can earn 'Fuel Points' on grocery and bill payments. These points can be redeemed for free fuel at select Indian Oil outlets. However, the benefits are limited to those who prefer Indian Oil for fuel purchases. If you're looking for fuel benefits without any brand restriction, you should explore other popular fuel credit cards.

Overview

Best For  Fuel
Joining Fee  ₹500
Annual Fee  ₹500

Card Network

 Visa and Mastercard

Who should get an Indian Oil HDFC Bank Credit Card?

Individuals who have higher fuel requirements for their vehicles should opt for Indian Oil HDFC Bank Credit Card. The card offers reward points on fuel as well as on grocery spending, which can be redeemed in cash as well as for fuel at IndianOil pumps. When used for refuelling, 1 fuel point is equivalent to ₹0.96, while the value for the same is ₹0.20 paise if the user redeems them through net banking towards catalogue products. The users have the benefit of converting their purchases into EMIs. However, the EMI option is not available for gold and jewelry-linked transactions.  

Reward Points

The users have the option to redeem fuel points for free fuel using the complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership, where 1 Fuel Point is equivalent to ₹ 0.96.

Fuel points can also be redeemed through net banking towards catalogue products and as cashback at 1 FP = up to ₹0.20.

  • The fuel points are valid for a period of 2 years. 

  • Redemption of Reward Points to Cashback and Travel categories will be capped at 50,000 points per month per customer.

  • Accrual of Reward Points on Grocery spending will be capped at 1000 points per month per customer.

There will be no Reward Points accrual on Spends made on Rental and Government category payments.

How to apply for Indian Oil HDFC Bank Credit Card?

Depending on their individual priorities, the users can apply for an Indian Oil HDFC Bank Credit Card through both online and offline modes. For offline, the applicant needs to visit the nearest branch of the bank with the requisite documents. Alternatively, they can contact a bank representative to fill in the physical application form for a card.  

Talking about the online mode, applicants can go through the following steps to register their application:

  • Visit HDFC Bank’s official website.

  • Under the “Personal” section, click on the “PAY” tab.

  • Then click on the “Credit Cards” tab.

  • The user will be redirected to a page where all the HDFC credit cards have been listed.

  • Select “Indian Oil HDFC Bank Credit Card” and click on the “Apply Now” tab.

  • Enter the mobile number and captcha to start the application.

  • Fill in all the required details and upload the documents to complete the process.

HDFC Indian Oil Credit Card Eligibility

  • Age: 21 to 65 years
  • Occupation: Salaried or Self Employed
  • Income: Salaried - ₹10,000 p.m., Self-Employed: ITR > ₹6.0 Lakhs p.a.

Documents Required

  • Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.
HDFC Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

HDFC Bank

HDFC Bank Credit Card Customer Care Number:

1800 202 6161 / 1860 267 6161

HDFC Bank Card Offers:

View Offers

Total Cards:

2,04,04,625
HDFC Bank Credit Card News
16 May 2024, Thursday
1. HDFC Bank Launches Pixel Play: India's First Virtual Credit Card with Cashback Customisation

HDFC Bank has introduced the Pixel Play Credit Card, India's first virtual credit card, with unique features like:

  1. Customization: You can choose cashback merchants, card design and billing cycle date.
  2. Convenience: Entirely digital onboarding and management through HDFC Bank's PayZapp app.
  3. Benefits: Up to 5% cashback, contactless payments, in-app EMI conversion, and exclusive dining discounts.
  • 5% Cashback on choice of any two packs
    • Dining & Entertainment Category – BookMyShow & Zomato
    • Travel Category – MakeMyTrip & Uber
    • Grocery Category – Blinkit & Reliance Smart Bazaar
    • Electronics Category – Croma & Reliance Digital
    • Fashion Category – Nykaa & Myntra
  • 3% Cashback on choice of any one E-commerce merchant: Amazon or Flipkart or PayZapp
  • 1% Unlimited Cashback across all other spends

Who can apply?

  • For Salaried:
    • Age: Min 21 yrs & Max 60 Yrs
    • Income: Gross Monthly Income > Rs 25,000
  • For Self Employed
    • Age: Min 21 yrs & Max 65 Yrs
    • Income: ITR > Rs 6.0 Lakhs per annum
08 Feb 2024, Thursday
2. HDFC Bank launched a new range of business credit cards specifically for SMEs

The cards come in four variants - BizFirst, BizGrow, BizPower, and BizBlack - and offer benefits like interest-free credit periods, rewards on business spend, and insurance coverage.

  1. BizFirst: Entry-level card with 55 days interest-free period, 3% cashback on EMI spends, 2% on utilities & electronics, 1% on other spends. 
  2. BizGrow: Offers higher 5% cashback on business spends like GST, income tax, vendor payments, travel, business tools, and 1% on other spends. 
  3. BizPower: Premium card with 5X reward points on fuel spending, accelerated rewards on travel, dining, and utilities, and airport lounge access. 
  4. BizBlack: Flagship card with maximum rewards on all categories, complimentary airport lounge access, travel insurance, and other premium benefits. 
31 Oct 2023, Tuesday
3. Effective 1 December 2023, HDFC Bank will limit lounge access for Regalia Credit Card holders.

Starting from 1 December, the lounge access program will be tied to one's credit card spending. To avail of the lounge benefits, a credit card user must spend Rs. 1 lakh or more in a single calendar quarter, i.e., January-March, April-June, July-September, October-December. Only two complimentary lounge access vouchers will be available per quarter as part of the milestone benefit for users.

19 Oct 2023, Thursday
4. HDFC introduces enhanced Diners Club Metal Edition Credit Card

HDFC Bank has introduced the upgraded HDFC Diners Club Metal Edition Credit Card, setting it apart from the previous HDFC Diners Club Black Credit Card. The key differentiators between the two cards are as follows:

  • Annual Fee Waiver: The metal edition requires cardholders to spend 8 lakhs annually to enjoy an annual fee waiver, whereas the plastic card's threshold is 5 lakhs in annual spends.
  • Welcome Benefit: The new Metal Edition card offers a Swiggy One annual membership as a welcome benefit, replacing the earlier Forbes and MMT Black offerings. In contrast, the plastic card provided a 3-month Swiggy One membership, alongside Forbes and MMT Black.
  • Milestone Benefit: The Metal Edition introduces a new milestone benefit, granting cardholders 10,000 Bonus Reward Points on a quarterly basis. However, it no longer features the old benefits amongst cult.fit Live 1 month membership/ BookMyShow /TataCLiQ /Ola cabs vouchers worth Rs. 500

This revamped credit card caters to the evolving preferences and spending patterns of customers, providing additional perks and benefits.

24 Aug 2023, Thursday
5. HDFC Bank partners with Marriott Bonvoy to launch India's first 'hotel co-branded card'.

HDFC Bank and Marriott International have launched a co-branded credit card in India, called the Marriott Bonvoy HDFC Bank Diners Club International Credit Card. The card is the first hotel co-branded credit card in India. It offers a number of benefits to cardholders, including:

  • Complimentary Marriott Silver Elite Status
  • Up to 4 free night awards
  • Accelerated Marriott Bonvoy points earning on travel, dining, and entertainment
  • Airport lounge access
  • Travel insurance
05 Jul 2023, Wednesday
6. Swiggy to launch co-branded credit card with HDFC Bank.

Swiggy is reportedly teaming up with HDFC Bank to introduce a co-branded credit card. By doing so, Swiggy would join the increasing number of e-commerce platforms like Flipkart, Myntra, and Paytm, which have already launched their own co-branded credit cards.
Swiggy's strategic decision to venture into the co-branded credit card space is aimed at strengthening customer loyalty and involvement by offering supplementary advantages and incentives through the card.

Indian Oil HDFC Bank Customer Reviews

Overall Rating

3

Based on 1 reviews

Rating Summary

5
0%
4
0%
3
100%
2
0%
1
0%

Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

 The minimum purchase amount for HDFC bank IndianOil Credit Card must be Rs. 400. However, there is no upper limit.

You may apply for this credit card online by visiting the bank's official website, choosing the card from the "Credit Cards" section, and then clicking "Apply Today".

Fill out the necessary details, and the bank will check if you are a credit worthy customer.

In addition, if you choose to apply offline, you must visit one of the bank's local locations and submit a completed application form.

You can use the HDFC Indian Oil Credit Card for almost anything because users can earn 'Fuel Points' not only on fuel purchases but also on grocery and bill payments. However, Points can only be redeemed for free fuel at select IndianOil locations.

Fuel surcharge waiver on HDFC Indian Oil Credit Card:-

Waiving the convenience fee of 1% on all fuel purchases. Convenience fees are only waived for petrol purchases between Rs. 400 and Rs. 5,000. (A maximum of Rs. 500 may be waived per statement cycle.)

The fuel fee is 2.5% to 1% of the gasoline transaction amount. Depending on the fuel station and their acquiring bank, the rate of the surcharge may change. GST is also applicable.

The card holder gets 1 Fuel Point for every Rs. 150 spent on the card for other purchase, and gets 5% of their spending in Fuel Points on grocery and bill payments.

Exclusive to IndianOil HDFC Bank Credit Cards owners, Fuel Point is a rewards metric system. Earn accelerated 5% Fuel Points on purchases at IndianOil outlets, groceries, and bill payments when using the IndianOil HDFC Bank Credit Card to make retail purchases. The accelerated 5% fuel point benefit is only available for fuel purchases at IndianOil retail locations. Fuel transactions at all other Fuel Outlets will earn 1 Fuel Point for every Rs. 150 spent.

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