RBL Bank Indian Oil Credit Card

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The RBL Bank IndianOil Credit Card or simply pul RBL Indian Oil Credit Card is a co-branded fuel credit card launched in collaboration between RBL Bank and IndianOil. Tailored for frequent motorists, this entry-level card offers significant savings on fuel spends at IndianOil fuel stations. With a low joining and annual renewal fee, it allows users to save up to 6% on fuel expenses (including fuel surcharge waiver), making it an excellent choice for budget-conscious drivers. Its high rewards-to-fee ratio positions it among the best entry-level fuel credit cards available in the market.

Features and Benefits

Features and benefits available in this credit card

Cashback
Reward Points
Airmiles
Airport Lounge
Utility Bills
Insurance
NPS
Education
Government Payment
Fuel
Rent
Giftcards
Jewellery
Wallet Load
Rewards on EMI
Welcome Bonus
Travel
Dining
Shopping
Interest

Joining and Renewal Benefits

Joining Benefits: 1,000 Reward Points on payment of Joining Fee and al-least one transaction of Rs.500 or above in first 30 days of card activation.

Renewal Benefits: No renewal benefits

Cashback and Rewards

  • Fuel: 10 Fuel Points on every Rs.100 Spent for Fuel Purchase at IndianOil Fuel Stations (=5% Valueback)
  • Other Spend: 1 Fuel Points on Every Rs.100 Spent on Other Spend (0.5% Valueback)
  • Fuel Surcharge Waiver: 1% Fuel surcharge waiver upto Rs.100 per month on transaction between Rs.400 and Rs.4,000.

Fuel Surcharge Waiver

1% Fuel surcharge waiver upto Rs.100 per month on transaction between Rs.400 and Rs.4,000.

Forex Mark-up Fee

Forex mark-up Charges of 3.5% + GST (4.13% including GST) applicable.

Joining and Renewal Benefits

Joining Benefits: 1,000 Reward Points on payment of Joining Fee and al-least one transaction of Rs.500 or above in first 30 days of card activation.

Renewal Benefits: No renewal benefits

Cashback and Rewards

  • Fuel: 10 Fuel Points on every Rs.100 Spent for Fuel Purchase at IndianOil Fuel Stations (=5% Valueback)
  • Other Spend: 1 Fuel Points on Every Rs.100 Spent on Other Spend (0.5% Valueback)
  • Fuel Surcharge Waiver: 1% Fuel surcharge waiver upto Rs.100 per month on transaction between Rs.400 and Rs.4,000.

Fuel Surcharge Waiver

1% Fuel surcharge waiver upto Rs.100 per month on transaction between Rs.400 and Rs.4,000.

Forex Mark-up Fee

Forex mark-up Charges of 3.5% + GST (4.13% including GST) applicable.

Reward Redemption

To redeem Reward Points on Indian Oil Fuel

  • First, open the RBL Bank app and convert your Fuel Points (RBL Reward Points) into Xtra rewards (IndianOil Reward Points). These will get converted into IndianOil’s Xtra fuel points linked to your mobile number.
  • Next, when you’re at the fuel station, just give them your mobile number and tell them how many Xtra fuel points you would like to redeem. They’ll send you an OTP, and your Xtra fuel points will be redeemed for payment towards the fuel.
  • 1 Fuel Point = 1 XTRA Reward = Rs.1 at Indian Oil

Fee and Charges

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

Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Annual Spend Target
for Renewal Fee Waiver (INR)
₹ 175000

Pros

Aspects that make this credit card amazing.

  • One of the best valueback on fuel among entry level fuel credit cards. The valueback is provided in the form of fuel points redeemable at Indian Oil fuel stations to make payment for fuel.
  • Occasionally, you will find instant discount offers of RBL Bank on various e-commerce sites and offline stores. You can use this card to avail such discount offers.
  • The card is offered on RuPay platforms (apart from MasterCard and Visa). RuPay brings discount offers quite frequently. This card can be used for many of such eligible offers.
  • Its approval rate is very high.

Cons

Aspects this credit card lacks.

  • Considering its specifically designed for spending on fuel, there are no major drawback of this credit card.

Spend Categories with No Cashback / Rewards

No reward points on following

  • UPI transactions of less than Rs.2,000 (For RuPay variant cards)
  • Utilities
  • Insurance
  • Railways
  • Rent and Real Estate related expenses
  • Education
  • Wallet/Service Providers
  • Government Services
  • Contracted Services (MCC: 1711, 1740, 0763, 1520, 0742, 1761, 1799, 1750, 1731, 1771, 0780)
  • Cash & Bills2Pay
  • EMI conversion of retail transactions (Split-N-Pay & EMI conversion requests placed at the time of making transactions at POS/Web/Mobile App), fees (if any), charges & GST.

Add-on Cards

N/A

Eligibility Criteria

Eligibility criteria has not been specified by the RBL Bank. However, basis the user approval experience, anyone who is more than 18 years old and a net monthly income of Rs.25,000 per month or more should be able to get this credit card.

Upcoming Changes

N/A

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Rating & Leave your comment here about this credit card

(4/5)

SpendWisely’s Rating for this Credit Card

(4/5)

Ratings you can trust: honest, unbiased, and backed by SpendWisely’s expertise.

Reward Value
(5)
Lifestyle Benefits
(2)
Ease of Reward Redemption
(4)
Value for Money
(5)
Customer Service
(4)

The RBL Bank’s Indian Oil Credit Card is the best entry level credit cards in India for fuel (at less than Rs.1000 fee). It provides straight away 5% back (in the form of Fuel Points) on spending on fuel at Indian Oil fuel stations. These fuel points can be directly redeemed at Indian Oil fuel stations for making payment for fuel. The maximum cap of accelerated rewards on fuel is also quite high (Rs.10,000 per month spend on fuel is covered.). It should be sufficient for most users.

If you are looking for a fuel credit card and spend good amount on fuel, you must consider this credit card.

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(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ Rs.590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
12%
Accelerated Reward Rate
12%
(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ Rs.590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
12%
Accelerated Reward Rate
12%
Full Details
(3.8/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
1%
Accelerated Reward Rate
7%
(3.8/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
1%
Accelerated Reward Rate
7%
Full Details
(4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 1770
Renewal fee
(INR including GST)
₹ 1770
Base Reward Rate
1%
Accelerated Reward Rate
7.5%
(4/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 1770
Renewal fee
(INR including GST)
₹ 1770
Base Reward Rate
1%
Accelerated Reward Rate
7.5%
Full Details
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
Full Details
(3.2/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.2%
Accelerated Reward Rate
4%
(3.2/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.2%
Accelerated Reward Rate
4%
Full Details
(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
0.25%
Accelerated Reward Rate
3.25%
(3.6/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
0.25%
Accelerated Reward Rate
3.25%
Full Details

Domestic Airport Lounge Access

Not Available

International Airport Lounge Access

Not Available

Airport Spa Access

Not Available

Airport Meet & Greet Service

Not Available

Railway Lounge

Not Available

Movie Tickets

Not Available

Dining Benefit

Not Available

Golf

Not Available

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RBL ndian Oil Xtra Credit Card

RBL Bank Indian Oil Credit Card

(4/5)
Best For: