HDFC
HDFC Indian Oil Credit Card
This is an invite only card
Apply and get ₹1100 Rewards
Top Benefits
Get INR 250 Voucher Upon Card Activation and Completion
of at least one transaction within 37 days from card issuance date
Get Complimentary Membership
in the IndianOil XTRAREWARDS Program
Best For
Fuel
The HDFC Indian Oil Credit Card is a co-branded fuel cashback card from HDFC Bank in partnership with I...
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The HDFC Indian Oil Credit Card is a co-branded fuel cashback card from HDFC Bank in partnership with I...
The HDFC Indian Oil Credit Card is a co-branded fuel cashback card from HDFC Bank in partnership with IndianOil Corporation, one of India's largest fuel retailers. Built for users who refuel frequently at IndianOil outlets, the card carries a joining fee of ₹500 and an annual fee of ₹500, making it accessible to entry-level users. It runs on the VISA network for broad acceptance.
The headline benefit is 5% of spends as Fuel Points at IndianOil outlets, with annual potential of up to 50 litres of free fuel. The card also delivers 5% Fuel Points on groceries and bill payments (POS and online), capped at 100 Fuel Points per month per category, and 1 Fuel Point for every ₹150 spent on other purchases including UPI transactions. The monthly cap on card swipes is 250 Fuel Points for the first 6 months and 150 Fuel Points per month thereafter.
The welcome benefit consists of a complimentary IndianOil XTRAREWARDS Program (IXRP) membership plus a ₹250 voucher on card activation when at least 1 transaction is completed within 37 days from card issuance. The annual fee of ₹500 is not waivable under any spending conditions, meaning you pay ₹500 every year regardless of spend volume — but for regular IndianOil customers, the fuel rewards earned easily justify this annual cost.
The card also offers a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, capped at ₹250 per statement cycle. EMI transactions, jewellery purchases, wallet loads, government services, insurance services, education services, and utility spends not done on the Airtel Thanks platform are excluded from Fuel Points earning. The card is primarily for fuel users; for broad-category cashback, alternative cards may deliver better value.
View FAQ
Commonly Asked Questions
Q. Who issues the HDFC Indian Oil Credit Card?
A. The card is issued by HDFC Bank in partnership with IndianOil Corporation on the VISA network.
Q. What is the fuel reward rate on this card?
A. You earn 5% of spends as Fuel Points at IndianOil outlets, with annual potential of up to 50 litres of free fuel.
Q. Is the annual fee waivable?
A. No. The ₹500 annual fee is not waivable under any spending conditions.
Expert Review
The HDFC Indian Oil Credit Card delivers strong value for users who refuel regularly at IndianOil outlets. The 5% Fuel Points rate combined with the up-to-50-litres-per-year free fuel benefit makes it one of the more rewarding fuel co-brand cards in the entry-level segment. The bundled IXRP membership and ₹250 welcome voucher offset much of the joining fee, while the inclusion of 5% category rate on Airtel Thanks bill payments and groceries adds further value.
What works in the card's favour is the strong 5% IndianOil fuel rate, the 5% bonus on groceries and Airtel Thanks utility bills, the 1 Fuel Point per ₹150 on UPI spends (uncommon for credit cards), the welcome benefit covering half the joining fee, the IXRP membership for stacked rewards at IndianOil, the 1% fuel surcharge waiver across all stations, and the 0.96 Fuel Point to rupee conversion rate.
Where the card falls short is the non-waivable annual fee (₹500 every year), the wide exclusion list (EMI, jewellery, wallet, rent, government, insurance, education all excluded), the requirement to use Airtel Thanks specifically for utility bill rewards (limits flexibility), the strict monthly Fuel Points caps (100/month per grocery/bill category and 250/month overall on card swipes that reduces to 150/month after 6 months), and the absence of lounge access.
Net assessment: the HDFC Indian Oil Credit Card is a top pick for IndianOil-loyal users with monthly fuel spending of ₹2,500+ combined with grocery shopping and utility bill payments via Airtel Thanks. It is not the right choice for users who refuel elsewhere, users who pay bills outside Airtel Thanks, users who want lounge access, or users with diversified spending. For those profiles, alternatives like the SBI BPCL Octane (BPCL + lounge), ICICI HPCL Coral (HPCL + balanced), or HDFC Millennia (broad lifestyle) may deliver better-suited value.
Joining / Annual Fee
Joining Fees
₹590 ( ₹500 + GST )
Annual Fees
₹590 ( ₹500 + GST )
The HDFC Indian Oil Credit Card carries a joining fee of ₹500 plus GST and an annual fee of ₹500 plus G...
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The HDFC Indian Oil Credit Card carries a joining fee of ₹500 plus GST and an annual fee of ₹500 plus G...
The HDFC Indian Oil Credit Card carries a joining fee of ₹500 plus GST and an annual fee of ₹500 plus GST from the second year. With 18% GST applied, the effective cost works out to ₹590 each. These charges are reflected on the first monthly statement after card activation.
The joining fee is partially offset by the welcome benefit: a ₹250 voucher on card activation plus complimentary IXRP membership. The ₹250 voucher covers half the joining fee, with the IXRP membership adding further first-year value through IndianOil's separate loyalty programme.
The annual fee from the second year is ₹500 plus GST. The annual fee is not waivable under any spending conditions, meaning you pay ₹590 every year regardless of spend volume. However, for active IndianOil customers, the Fuel Points earned each year far exceed the annual cost.
View FAQ
Commonly Asked Questions
Q. What is the joining fee?
A. The joining fee is ₹500 plus GST, partially offset by a ₹250 welcome voucher and IXRP membership.
Q. What is the annual fee?
A. The annual fee is ₹500 plus GST per year, starting from the second year.
Q. Can the annual fee be waived?
A. No. The ₹500 annual fee is non-waivable on this card.
Eligibility
Age
Criteria*
21-60 years
Salary
Criteria*
3LPA
Credit
Rating*
720+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
No
To apply for the HDFC Indian Oil Credit Card, you need to meet HDFC Bank's standard eligibility criteri...
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To apply for the HDFC Indian Oil Credit Card, you need to meet HDFC Bank's standard eligibility criteri...
To apply for the HDFC Indian Oil Credit Card, you need to meet HDFC Bank's standard eligibility criteria covering age, income, employment status, and credit profile. The bar is positioned for entry-level salaried users.
Both salaried and self-employed applicants must be between 21 and 60 years of age. Salaried applicants need a minimum annual income of ₹3 lakh (₹20,000 per month), while self-employed applicants need ₹6 lakh annually. HDFC Bank evaluates income through salary slips and Form 16 for salaried applicants, and through ITR and bank statements for self-employed individuals.
A credit score of 720 or higher is recommended for approval. The applicant must be an Indian resident with a valid permanent address in India. Existing customers of HDFC Bank with strong banking relationships may receive pre-approved offers, which streamlines the application process and may extend instant card issuance through the HDFC NetBanking portal or MyCards app.
View FAQ
Commonly Asked Questions
Q. What is the minimum income required?
A. Salaried applicants need ₹3 lakh annually, while self-employed applicants need ₹6 lakh annually.
Q. What is the age range?
A. Applicants must be between 21 and 60 years of age.
Q. What credit score is needed?
A. A credit score of 720 or higher is recommended for approval.
All Card Benefits
- Earn 5% of spends as Fuel Points at IndianOil outlets
- Earn up to 50 litres of free fuel annually
- Earn 5% Fuel Points on groceries and bill payments (POS & online), capped at 100 Fuel Points per month per category
- Earn 1 Fuel Point for every ₹150 spent on other purchases, including UPI transactions, with a cap of 250 Fuel Points per month in the first 6 months and 150 Fuel Points per month thereafter
The HDFC Indian Oil Credit Card delivers strong fuel rewards combined with bill payment and grocery cas...
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The HDFC Indian Oil Credit Card delivers strong fuel rewards combined with bill payment and grocery cas...
The HDFC Indian Oil Credit Card delivers strong fuel rewards combined with bill payment and grocery cashback for IndianOil customers. Below are the key features.
5% Fuel Points at IndianOil outlets. Earn 5% of your spends as Fuel Points at IndianOil outlets. For a user spending ₹3,000 monthly on fuel at IndianOil, this delivers approximately 150 Fuel Points monthly, equivalent to roughly ₹150 of fuel value. Over a year, regular IndianOil users can earn up to 50 litres of free fuel just from the 5% accelerated rate.
5% Fuel Points on groceries and bill payments. Earn 5% Fuel Points on POS and online groceries and bill payments, capped at 100 Fuel Points per month per category. So a ₹2,000 grocery spend earns 100 Fuel Points (capped). Annual ceiling for grocery and bill cashback combined is 2,400 Fuel Points (₹2,400+ of fuel value).
1 Fuel Point per ₹150 on other spends. All other eligible spends — including UPI transactions — earn 1 Fuel Point per ₹150. On card swipes, the cap is 250 Fuel Points per month in the first 6 months and 150 Fuel Points per month after 6 months from card issuance. So a ₹3,000 dining bill earns 20 Fuel Points worth approximately ₹20 of fuel value.
Welcome benefit. Get a complimentary IndianOil XTRAREWARDS Program (IXRP) membership upon card activation. Additionally, receive a ₹250 voucher on card activation when at least 1 transaction is completed within 37 days from card issuance. The IXRP membership unlocks additional rewards at IndianOil outlets that stack with the card's Fuel Points earning.
1% fuel surcharge waiver. A 1% fuel surcharge waiver applies on fuel transactions between ₹400 and ₹5,000 at all fuel stations across India (not just IndianOil). The monthly cap is ₹250 per statement cycle, providing up to ₹3,000 of annual fuel surcharge savings.
UPI transactions earn rewards. Unlike many credit cards that exclude UPI from reward earning, the HDFC Indian Oil card earns 1 Fuel Point per ₹150 on UPI transactions (within the monthly cap). For users routing small-ticket payments through UPI, this provides incremental value.
Wide list of exclusions. EMI transactions, post-facto EMI conversions, wallet loading, jewellery purchases, cash advances, payment of outstanding balances, payment of card fees and charges, rental payments, government services, insurance services, education services, and utility spends not on Airtel Thanks platform are all excluded from Fuel Points earning. Utility bill payments must be made through the Airtel Thanks platform to qualify for the 5% category cashback.
Reward conversion rate. 1 Fuel Point = ₹0.96, one of the better point conversion rates for a co-brand card. So 100 Fuel Points are equivalent to ₹96 of fuel or redeemable value. The Fuel Points are primarily intended for fuel redemption at IndianOil outlets.
VISA network. The card runs on the VISA network, giving broad acceptance globally. VISA-specific offers on dining, travel, and shopping at partner merchants in India and abroad are also available.
Effective annual value for IndianOil users. A user with ₹3,000 monthly IndianOil fuel spending (150 Fuel Points at 5%), ₹2,000 monthly grocery spending (100 Fuel Points capped), and ₹15,000 of other monthly spending (100 Fuel Points capped) earns approximately 350 Fuel Points monthly. At ₹0.96 per Fuel Point, this equates to roughly ₹336 of monthly value or ₹4,032 annually — outweighing the ₹500 annual fee by 8x.
View FAQ
Commonly Asked Questions
Q. What is the welcome benefit on HDFC Indian Oil?
A. Complimentary IXRP membership plus ₹250 voucher on card activation after completing 1 transaction within 37 days.
Q. Does this card offer lounge access?
A. No. The HDFC Indian Oil Credit Card does not offer airport lounge access.
Q. What is the monthly Fuel Points cap on card swipes?
A. 250 Fuel Points per month in the first 6 months, and 150 Fuel Points per month thereafter (excluding IndianOil and grocery/bill spends which have separate caps).
Q. Are UPI transactions rewarded?
A. Yes. UPI transactions earn 1 Fuel Point per ₹150, within the monthly cap.
Q. Where can I redeem Fuel Points?
A. Fuel Points are primarily redeemable for fuel at IndianOil outlets through the SmartBuy portal.
Q. Do non-IndianOil fuel spends earn rewards?
A. Other fuel spends earn at the standard 1 Fuel Point per ₹150 rate, not the accelerated 5%. The 1% fuel surcharge waiver applies at all fuel stations.
Q. Is the annual fee waivable?
A. No. The ₹500 annual fee is non-waivable and charged every year.
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 reward point = ₹0.96
Redemption Options
- SmartBuy
To check redemption catalogue
Fuel Points earned on the HDFC Indian Oil Credit Card can be redeemed through the HDFC SmartBuy portal ...
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Fuel Points earned on the HDFC Indian Oil Credit Card can be redeemed through the HDFC SmartBuy portal ...
Fuel Points earned on the HDFC Indian Oil Credit Card can be redeemed through the HDFC SmartBuy portal at smartbuy.hdfcbank.com. The conversion rate is 1 Fuel Point = ₹0.96, primarily for fuel redemption at IndianOil outlets across India. Fuel Points can also be exchanged for IndianOil XTRAREWARDS programme points.
The redemption process is straightforward: log in to the SmartBuy portal, navigate to the Fuel Points section, select fuel redemption at IndianOil, and choose the IndianOil outlet for the e-voucher. The fuel voucher can be used at the IndianOil outlet to claim equivalent fuel value.
A standard reward redemption handling fee of ₹99 plus GST applies per redemption request, in line with HDFC's other reward products. Fuel Points are typically valid for 24 to 36 months from the date of accrual, after which unused points are forfeited as per HDFC Bank's reward programme terms. The efficient strategy is to accumulate Fuel Points and redeem in larger batches to minimise the fee impact.
View FAQ
Commonly Asked Questions
Q. How do I redeem Fuel Points?
A. Fuel Points can be redeemed for fuel vouchers at IndianOil outlets through the HDFC SmartBuy portal.
Q. What is the value of 1 Fuel Point?
A. 1 Fuel Point = ₹0.96, redeemable for fuel at IndianOil outlets.
Q. Is there a redemption fee?
A. Yes. A reward redemption handling fee of ₹99 plus GST is charged per redemption request.
Gift card - Key Terms
Once you apply, we will start tracking your application
Generally takes 2-72 hrs
Once the bank confirms us of your successful card activation, we will process your rewards
Generally takes 7-75 days
You can then withdraw your rewards via Amazon Pay Balance/Flipkart gift cards
Generally takes 7-75 days
Note: If you currently hold or have ever held an HDFC Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an HDFC Credit Card, you are not eligible for Gift Card
- A minimum transaction of Rs.100 within 30 days is mandatory to activate your card; otherwise, you wont be eligible for the Rewards
- Please use Aadhaar linked mobile number to fill the application
- If the distance between your residence and office addresses is 150 km or more, please ensure that your residence is selected as the mailing address. Applications not adhering to this will be rejected
- VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of Rewards
Also, Remember
- Resume your application only via Great.Cards to avoid losing Rewards
- If your Rewards do not track, raise a Missing Rewards Ticket within 30 Days from the application date
- Rewards can only be redeemed as Amazon Pay Balance and Flipkart Gift Card
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
EMI transactions
Purchases converted to EMI post facto
Wallet loading transactions
Purchase of Jewelry items
Cash advances
Payment of outstanding balances
Payment of card fees and other card charges
Rental Payments
Government services
Insurance services
Education services
Utility Spends that are not done on Airtel Thanks platform
For Spends Waiver
EMI transactions
Purchases converted to EMI post facto
Wallet loading transactions
Purchase of Jewelry items
Cash advances
Payment of outstanding balances
Payment of card fees and other card charges
Rental Payments
Government services
Insurance services
Education services
Utility Spends that are not done on Airtel Thanks platform
The HDFC Indian Oil Credit Card has an extensive exclusion list typical of co-brand fuel cards. Underst...
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The HDFC Indian Oil Credit Card has an extensive exclusion list typical of co-brand fuel cards. Underst...
The HDFC Indian Oil Credit Card has an extensive exclusion list typical of co-brand fuel cards. Understanding these exclusions helps you plan your spends so high-value transactions in excluded categories are routed through a different card.
The excluded categories from Fuel Points earning include EMI transactions (including purchases converted to EMI post facto), wallet loading transactions, jewellery purchases, cash advances, payment of outstanding balances, payment of card fees and other card charges, rental payments, government services, insurance services, education services, and utility spends that are not done on the Airtel Thanks platform.
The 5% bill payment cashback requires utility bills to be paid through the Airtel Thanks platform — direct bill payments through other channels do not qualify. So a ₹3,000 electricity bill paid through the BESCOM website earns 20 Fuel Points (₹19) at the standard 1 per ₹150 rate, while the same bill paid through Airtel Thanks earns 100 Fuel Points (₹96) at the 5% rate up to the cap. Routing utility bills through Airtel Thanks is essential to capture the accelerated rate.
View FAQ
Commonly Asked Questions
Q. Are utility bills rewarded?
A. Only utility bills paid through the Airtel Thanks platform earn the 5% category cashback (capped at 100 Fuel Points/month per category).
Q. Do rent payments earn Fuel Points?
A. No. Rent payments are excluded from Fuel Points earning.
Q. Are wallet loads rewarded?
A. No. Wallet loading transactions are excluded.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.50% |
APR Fees 3.6% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 43.2% | 3.60% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request. | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge 1% of the transaction amount + GST will be charged on Railway Ticket Purchases | 1% |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees A fee of ₹100 is charged for payments made through cheque | ₹100 |
Cash Payment Fees Cash payment of credit card dues at HDFC Bank branches or authorized locations may attract a service fee of ₹100 as per bank norms | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹100 | ₹0 |
| ₹101 - ₹500 | ₹100 |
| ₹501 - ₹5000 | ₹500 |
| ₹5001 - ₹10000 | ₹600 |
| ₹10001 - ₹25000 | ₹800 |
| ₹25001 - ₹50000 | ₹1100 |
| ₹50001 - and above | ₹1300 |
The fee structure on the HDFC Indian Oil Credit Card is in line with industry norms for an entry-level ...
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The fee structure on the HDFC Indian Oil Credit Card is in line with industry norms for an entry-level ...
The fee structure on the HDFC Indian Oil Credit Card is in line with industry norms for an entry-level co-brand fuel card. The ₹500 each for joining and annual fees positions it as accessible for typical fuel users. Standard transactional fees on this card follow HDFC Bank's industry-standard rates, as the specific fees were not detailed in the source data. For the latest schedule of charges, cardholders are advised to refer to HDFC Bank's MITC document.
The joining fee is ₹500 plus applicable GST, charged at the time of card issuance. With 18% GST applied, the effective joining fee is ₹590. The ₹250 welcome voucher partially offsets this cost, leaving the net first-year joining cost at approximately ₹340.
The annual fee is ₹500 plus GST per year, starting from the second year. With GST, the total comes to ₹590 every year. The fee is not waivable under any spending conditions on this card, which is unusual compared with other HDFC reward cards.
The standard APR on HDFC Bank credit cards is 3.75% per month, which works out to approximately 45% per annum on revolving balances. For example, on an outstanding balance of ₹20,000 carried for one month, the interest charged would be ₹20,000 × 3.75% = ₹750 per month. The interest-free period for new purchases is 20 to 55 days, depending on the billing cycle.
Late payment charges on HDFC cards are typically tiered based on the outstanding balance, with fees ranging from ₹100 on small outstanding amounts to ₹1,200 on balances above ₹25,000. For example, a ₹15,000 outstanding with missed due date typically attracts a ₹700 late fee plus interest.
The standard forex markup on HDFC Bank credit cards is 3.5% on all foreign currency transactions. For example, on a ₹50,000 international transaction, the markup would be ₹1,750 plus 18% GST of ₹315, totalling ₹2,065. The card is not optimised for international use; a dedicated travel card or the Tata Neu Plus (2% forex) would be more cost-effective for frequent international spending.
The standard ATM cash withdrawal fee is 2.5% of the withdrawn amount, with a minimum of ₹500. So withdrawing ₹10,000 in cash would cost ₹500 as the minimum fee, while withdrawing ₹30,000 would cost ₹750 (2.5% of ₹30,000). Cash advances also attract finance charges from the day of withdrawal at the standard 3.75% per month rate.
The standard rent payment fee on HDFC cards is 1% of the transaction amount, subject to applicable GST and platform charges. So paying a rent of ₹25,000 through the card would cost ₹250 in fees plus 18% GST of ₹45, totalling ₹295. Rent payments also earn no Fuel Points.
The railway booking surcharge is levied as prescribed by IRCTC and Indian Railways and varies based on the booking platform and class of travel. Cash payment at HDFC Bank branches typically attracts a ₹100 per transaction fee. Cheque payments are typically free, but cheque returns or auto-debit reversals attract dishonour charges as per HDFC Bank's MITC.
The reward redemption handling fee is ₹99 plus GST per redemption request, in line with HDFC's standard reward redemption charges. For more accurate and updated fee details, refer to the HDFC Bank MITC document on hdfcbank.com.
| Fee Type | Charges |
|---|---|
| Joining Fee | ₹500 + GST |
| Annual Fee | ₹500 + GST (non-waivable) |
| APR (Monthly) | 3.75% per month (standard) |
| Late Payment Fee | ₹100 to ₹1,200 (slab-based) |
| Forex Markup | 3.5% (standard) |
| ATM Cash Withdrawal | 2.5% (min ₹500) |
| Rent Payment Fee | 1% |
| Railway Surcharge | As per IRCTC / Indian Railways |
| Cash Payment Fee | ₹100 (standard) |
| Cheque Payment Fee | Free (returns attract dishonour charges) |
| Reward Redemption Fee | ₹99 + GST |
View FAQ
Commonly Asked Questions
Q. What is the APR?
A. The standard APR is 3.75% per month (approximately 45% per year) on revolving balances.
Q. What is the forex markup?
A. The standard forex markup is 3.5%. Refer to MITC for the latest charges.
Q. Is reward redemption free?
A. No. ₹99 plus GST per redemption request applies.
Q. Are exact fees confirmed in the source data?
A. Fee details follow HDFC Bank's industry-standard schedule. Refer to MITC for the latest exact charges on hdfcbank.com.
Q. What is the late payment fee?
A. Late payment fee follows a slab structure from ₹100 to ₹1,200 based on outstanding balance.
Q. Can I pay my bill in cash?
A. Standard cash payment fee is ₹100 per transaction at HDFC Bank branches.
Documents Required
To apply for the HDFC Indian Oil Credit Card, you need to submit standard KYC, income, and address documents. The required documents include identity proof (Aadhaar Card, PAN Card, Voter ID, Driving Licence, or Passport — PAN mandatory), address proof (Aadhaar, Passport, utility bill not older than 3 months, or rental agreement), and income proof (3 months salary slips and Form 16 for salaried, or 2 years ITR and 6 months bank statements for self-employed).
A recent passport-size photograph and a duly filled application form complete the requirement. Pre-approved customers may have a streamlined process where some documents are waived. NRI applicants need additional documents including valid visa, work permit, and NRE/NRO bank statements.
View FAQ
Commonly Asked Questions
Q. Is PAN Card mandatory?
A. Yes. PAN Card is mandatory for all credit card applications.
Q. What income proof is required?
A. Latest 3 months salary slips and Form 16 for salaried, or the latest 2 years ITR for self-employed.
Who Should Get This Card?
The HDFC Indian Oil Credit Card is a strong fit for users who refuel regularly at IndianOil outlets with monthly fuel spending of ₹2,500+. The 5% fuel cashback combined with the up-to-50-litres-per-year free fuel benefit can deliver ₹3,000+ of annual fuel savings for active IndianOil users. The card also works well for users who pay utility bills through the Airtel Thanks platform, unlocking the 5% category rate on bill payments.
For users with monthly fuel spending of ₹3,000 plus ₹2,000 of grocery and ₹2,000 of utility bills via Airtel Thanks, the card delivers approximately 350 Fuel Points monthly, worth ₹336 — totalling ₹4,032 annually. Combined with the ₹250 welcome voucher, total first-year value reaches ₹4,282, well above the ₹500 annual fee.
The card is less suitable for users who refuel primarily at non-IndianOil fuel stations (BPCL, HPCL, Reliance, Nayara), users who pay bills outside Airtel Thanks platform, users with broad-category spending not concentrated on fuel/grocery/bills, users who travel internationally often (3.5% standard forex markup), or users who want airport lounge access (not offered). For these profiles, alternatives like the SBI BPCL Octane (BPCL refuelers + lounge), ICICI HPCL Coral (HPCL refuelers), or HDFC Millennia (broad lifestyle) may deliver better-suited value.
Credit Limit and What to Expect
The credit limit on the HDFC Indian Oil Credit Card is determined by HDFC Bank based on the applicant's income, credit score, repayment history, existing credit obligations, and banking relationship. Since this is an entry-level co-brand card, credit limits typically start at ₹25,000 and can go up to ₹2,00,000 for applicants with strong income and credit profiles.
You can view your assigned credit limit on the welcome letter sent with the card or check it through the MyCards app and HDFC NetBanking portal. The card also comes with a separate cash limit, typically 20% to 40% of the total credit limit, meant for ATM withdrawals. Cash withdrawals attract a 2.5% fee with a minimum of ₹500 and accrue interest from the day of withdrawal.
HDFC Bank may revise your credit limit periodically based on usage patterns, repayment behaviour, and income changes. A healthy credit utilisation practice is to keep usage below 30% to 40% of the assigned limit to protect your credit score.
View FAQ
Commonly Asked Questions
Q. What is the typical credit limit?
A. Credit limits typically range from ₹25,000 to ₹2,00,000.
Q. Can I request a credit limit increase?
A. Yes, after 6 to 12 months of disciplined usage.
How to Apply?
You can apply for the HDFC Indian Oil Credit Card through the HDFC Bank website at hdfcbank.com, the HDFC NetBanking portal, the MyCards app, by visiting an HDFC Bank branch, or through select IndianOil outlets that offer card applications. Online applications are typically faster, with most approved cards dispatched within 7 to 10 working days.
To apply online, visit the HDFC Bank credit cards section, locate the Indian Oil card listing, and click on Apply Now. You will be asked to enter your basic details including name, mobile number, email address, PAN, date of birth, and employment type. You will then need to upload identity proof, address proof, income proof, and a recent passport-size photograph.
Once your application is submitted, the bank performs a credit bureau check, verifies your income documents, and may carry out a residence verification before approval. After approval, the card is dispatched to your registered address within 7 to 10 working days. You can activate your card via the MyCards app, NetBanking, IVR, or by visiting a branch. The ₹250 welcome voucher is credited after the first transaction within 37 days of card issuance.
View FAQ
Commonly Asked Questions
Q. How can I apply online?
A. You can apply through the HDFC Bank website, NetBanking portal, MyCards app, or visit a branch.
Q. How long does it take to receive the card?
A. After approval, the card is dispatched within 7 to 10 working days.
Q. When is the welcome voucher credited?
A. The ₹250 welcome voucher is credited after completing 1 transaction within 37 days of card issuance.
That’s the full story of this credit card
Like this card? Your apply button’s just there.
Top Benefits
Apply and get ₹1100 Rewards
Top Benefits
Get INR 250 Voucher Upon Card Activation and Completion
of at least one transaction within 37 days from card issuance date
Get Complimentary Membership
in the IndianOil XTRAREWARDS Program
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