RBL Bank Indian Oil Credit Card

Overview

Updated On: August 24, 2026 | AB Published by: Amit B | 2 min read

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.

Pros

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

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

Fees & Charges

Joining / Annual Fee ₹ 590

Renewal Fee ₹ 590

Annual Spend Target for Fee Waiver ₹ 175,000

Minimum Annual Income Required ₹ 300,000

Rewards and Benefits

Reward Rate

Base Reward Rate: 0.5% ; Accelerated Reward Rate: 5%

Base Reward Rate

0.5%

Accelerated Reward Rate

5%

Welcome Benefits

1,000 Rewards Points worth fuel of Rs.500. Welcome benefit only available on payment on Joining Fee and making a minimum transaction of Rs.500 within first 30 days on card issuance.

Renewal Benefits

No renewal Benefits

Rewards & Cashback Details

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.

Rewards 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

Additional Benefits

Domestic Airport Lounge

International Airport Lounge

Railway Lounge Access

Movie Benefits

Dining Benefits

Golf Benefits

Lifestyle Benefits Details

No lifestyle benefits on this credit card

Features & Benefits

Reward Points

Fuel

Cashback

Airmiles

Airport Lounge

Utility Bills

Insurance

NPS

Education

Government Payment

Rent

Gift Cards

Jewellery

Wallet Load

Rewards on EMI

No Cashback / Rewards Categories

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.

Ratings & Reviews

4

Overall Rating

Reward Rate

5/5

Lifestyle Benefits

2/5

Ease of Reward Redemption

4/5

Value For Money

5/5

Customer Service

4/5

Detailed Review

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.

Eligibility & Important Info

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.

Important Links

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.