RBL Bank
Indian Oil RBL Bank XTRA Credit Card
This is an invite only card
Apply and get ₹800 Rewards
Top Benefits
Up to 7.5% Valueback on Fuel Purchases
through accelerated fuel points earnings and fuel surcharge waiver benefits
Quarterly Fuel Bonus of 1000 Additional Fuel Points
on spend milestone on crossing quarterly spends of ₹75,000
Best For
Fuel
Shopping
The Indian Oil RBL Bank XTRA Credit Card is a dedicated fuel credit card built for everyday commuters a...
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The Indian Oil RBL Bank XTRA Credit Card is a dedicated fuel credit card built for everyday commuters a...
The Indian Oil RBL Bank XTRA Credit Card is a dedicated fuel credit card built for everyday commuters and road trip enthusiasts. If you find yourself frequently visiting fuel stations, this card helps you save significantly with an impressive 7.5% value back on your IndianOil fuel purchases. Instead of offering confusing statement credits, it gives you Fuel Points that you can redeem directly at the pump.
This card stands out because it focuses heavily on high-yield fuel rewards while maintaining a straightforward redemption process through the XTRAREWARDS program. While many basic fuel cards cap your rewards at very low limits, this card allows you to earn up to 2,000 Fuel Points every month on fuel alone. That translates to Rs. 1,000 in direct fuel savings monthly. It is an excellent choice for individuals who spend at least Rs. 5,000 to Rs. 13,000 on fuel each month and want a practical way to reduce their transportation budget.
View FAQ
Commonly Asked Questions
Is the Indian Oil RBL Bank XTRA Credit Card lifetime free?
No, this card is not lifetime free. It comes with a joining fee of Rs. 1,500 and an annual fee of Rs. 1,500. However, you can offset the joining fee with welcome benefits and get the annual fee waived by meeting specific spending targets.
Is this a good credit card for beginners?
This card requires a minimum CRIF credit score of 720 and a monthly income of Rs. 15,000. Because it requires a good existing credit score, it is better suited for individuals who already have some credit history rather than absolute beginners.
Who should apply for the Indian Oil RBL Bank XTRA Credit Card?
You should apply for this card if you spend a significant amount on fuel every month at IndianOil stations. If your household fuel expenses exceed Rs. 5,000 monthly, the 7.5% value back will easily cover the annual fees and give you positive net savings.
What makes this different from other fuel cards?
This card differentiates itself by offering a high earning rate of 15 Fuel Points per Rs. 100 spent at IndianOil, coupled with a direct 1 to Rs. 0.50 redemption value at the pump. It also offers a welcome bonus of 3,000 Fuel Points, effectively returning your joining fee immediately.
Expert Review
The Indian Oil RBL Bank XTRA Credit Card is a robust, no-nonsense fuel card that delivers exactly what it promises: massive value back at the petrol pump. The 7.5% return at IndianOil stations is highly competitive, and the generous 2,000 points monthly cap means heavy commuters won't feel restricted by artificial limits. I also appreciate how straightforward the redemption process is—using points directly at the pump to pay for fuel is incredibly satisfying and hassle-free.
However, the card does have its downsides. The Rs. 1,500 annual fee is quite steep for a co-branded fuel card, especially when competitors offer basic cards for just Rs. 500. While you can waive it by spending Rs. 2.75 lakh, that target requires you to use this card for almost all your daily expenses, which is frustrating since the non-fuel reward rate is a mediocre 1%. Furthermore, the extensive list of exclusions and the 1% fee on rent payments limit its utility as an all-rounder card.
My verdict? If your monthly fuel bill exceeds Rs. 5,000, the high earning rate on this card will easily absorb the annual fee and deliver excellent net savings. But if you are an occasional driver, you are better off looking at a low-fee beginner card or a pure cashback option.
Joining / Annual Fee
Joining Fees
₹1,770 ( ₹1500 + GST )
Annual Fees
₹1,770 ( ₹1500 + GST )
Understanding the cost of holding a credit card is just as important as knowing its benefits. The India...
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Understanding the cost of holding a credit card is just as important as knowing its benefits. The India...
Understanding the cost of holding a credit card is just as important as knowing its benefits. The Indian Oil RBL Bank XTRA Credit Card operates on a paid model but offers practical ways to recover those costs.
When your card is issued, the bank charges a one-time joining fee of Rs. 1,500 plus applicable taxes. Fortunately, the bank provides a welcome bonus of 3,000 Fuel Points if you make a transaction of Rs. 500 or more within the first 30 days. Because these points are worth Rs. 1,500, the joining fee is effectively offset right away.
From the second year onward, an annual renewal fee of Rs. 1,500 plus taxes is applied to your account. However, you can use the card for free if you use it frequently as your primary payment method. The bank waives this annual fee entirely if you spend Rs. 2.75 lakh or more on the card in a year. To hit this waiver target, you need to spend an average of Rs. 22,916 per month across fuel, dining, shopping, and regular purchases.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The one-time joining fee is Rs. 1,500 plus applicable GST, which is charged in your first statement after card issuance.
Is there a way to get the joining fee waived?
While the fee is charged, it is effectively offset. You earn 3,000 Fuel Points worth Rs. 1,500 by completing a transaction of Rs. 500 or more within 30 days of getting the card.
What is the annual or renewal fee?
From the second year onwards, the bank charges an annual renewal fee of Rs. 1,500 plus applicable GST.
Is there an annual fee waiver option?
Yes, the annual fee is completely waived if you spend Rs. 2.75 lakh or more on your card within the 12-month period.
How much do I need to spend monthly to get the fee waiver?
To reach the Rs. 2.75 lakh annual target, you need to put an average of roughly Rs. 22,916 per month on the card across all your expenses.
Are fuel transactions counted towards the annual fee waiver target?
Fuel transactions and all standard retail spends count toward the annual fee waiver milestone of Rs. 2.75 lakh.
What happens if I spend Rs. 2.5 lakh in a year?
If you fall short of the Rs. 2.75 lakh target by spending only Rs. 2.5 lakh, you will not qualify for the waiver and the full Rs. 1,500 annual fee will be charged to your account.
Is this card ever offered as lifetime free?
The card follows a fee-based model; however, the bank occasionally introduces promotional lifetime free offers during festive periods or through select partner platforms.
Eligibility
Age
Criteria*
21-70 years
Salary
Criteria*
3LPA
Credit
Rating*
720+
New to credit
allowed
No
Existing Bank
Customer Allowed
Yes
To ensure a smooth approval process, RBL Bank has specific requirements you must meet before applying f...
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To ensure a smooth approval process, RBL Bank has specific requirements you must meet before applying f...
To ensure a smooth approval process, RBL Bank has specific requirements you must meet before applying for the Indian Oil RBL Bank XTRA Credit Card. The bank assesses your age, income, and credit history to determine your repayment capacity.
The primary applicant must be between 21 and 70 years of age at the time of application. This age bracket applies to both salaried professionals and self-employed individuals. A steady source of income is critical. You must have a minimum annual income of Rs. 3 Lakh (which is Rs. 3,00,000 per year). If you break this down, it means a monthly income of Rs. 25,000 qualifies you, making this card highly accessible to early-career professionals and small business owners alike. However, the data specifically mentions a monthly income figure of Rs. 15,000 as a baseline, which suggests the bank is flexible depending on your overall profile.
Your credit history plays a major role. RBL Bank requires a CRIF score of 720 or above for this card. If your score is 750, you meet this criterion easily. If your score is 680, your application will likely face rejection. Both salaried employees and self-employed business owners are welcome to apply as long as they meet these core requirements.
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary cardholder must be at least 21 years old at the time of application to be eligible for this card.
What is the maximum age limit for the primary cardholder?
The upper age limit for eligibility is 70 years. Applicants older than 70 at the time of application will not be approved.
What is the minimum salary required for salaried applicants?
Salaried individuals need a minimum annual income of Rs. 3 Lakh to qualify. This translates to an average monthly salary requirement of at least Rs. 25,000.
What is the minimum annual income for self-employed applicants?
Self-employed professionals and business owners must demonstrate an annual income of at least Rs. 3 Lakh, similar to salaried applicants.
Can self-employed individuals apply for this card?
Yes, both salaried and self-employed professionals can apply if they meet the age, income, and credit score documentation requirements specified by the bank.
What credit score is needed for approval?
A minimum CRIF credit score of 720 or above is required as per the bank's eligibility criteria for smooth approval.
Will my application be rejected if my credit score is below 720?
While a score below the 720 threshold highly increases rejection chances, banks occasionally consider other factors. However, strictly based on the criteria, a score of 720+ is mandatory.
Do I need an existing relationship with RBL Bank to apply?
An existing relationship with RBL Bank is not required for approval. New customers are eligible for the card based on their standalone credit and income profile.
All Card Benefits
- Earn 15 Fuel Points for every ₹100 spent at IndianOil fuel stations, capped at ₹2,000 Fuel Points per month
- Earn 2 Fuel Points per ₹100 spent on all other card purchases
- Redeem Fuel Points at IndianOil outlets
- Enjoy a 1% fuel surcharge waiver up to ₹200 per month
- Get 3,000 Fuel Points on making your first card transaction of ₹500 or more within 30 days of card issuance
Welcome Benefits
Getting a new credit card often comes with an initial cost, but this card ensures y...
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Welcome Benefits Getting a new credit card often comes with an initial cost, but this card ensures y...
Welcome Benefits
Getting a new credit card often comes with an initial cost, but this card ensures you get that value back right away. Upon receiving your card, you are eligible for a generous welcome bonus that effectively offsets your joining fee.
You will earn 3,000 Fuel Points as a welcome benefit. Since each Fuel Point is worth Rs. 0.50, this bonus carries a real-world value of Rs. 1,500. To qualify for this bonus, you simply need to make your first transaction of Rs. 500 or more within 30 days of the card being issued. For example, if you receive your card on May 1st and use it to buy Rs. 600 worth of fuel on May 15th, the bank will credit 3,000 Fuel Points to your account.
Reward Points Structure
The core strength of the Indian Oil RBL Bank XTRA Credit Card lies in its high-speed reward accumulation. The card operates on a "Fuel Points" currency system, designed to give you maximum return on your daily commutes.
When you fill up at IndianOil fuel stations, you earn 15 Fuel Points for every Rs. 100 spent. This is a massive earning rate. Because 1 Fuel Point equals Rs. 0.50, earning 15 points means you get Rs. 7.50 back on every Rs. 100 spent, yielding a 7.5% return. Let us look at a practical example. If you spend Rs. 4,000 on fuel this month at IndianOil, you will earn 600 Fuel Points. Those points are worth Rs. 300 in free fuel for your next visit. Keep in mind that this accelerated fuel earning category is capped at 2,000 Fuel Points per month, which you hit after spending Rs. 13,333 on fuel.
For all other regular retail purchases, you earn 2 Fuel Points for every Rs. 100 spent. This translates to a 1% return. If you spend Rs. 10,000 on groceries, apparel, and electronics, you will earn 200 Fuel Points, giving you Rs. 100 in value.
Dining Benefits
While primarily a fuel card, it offers a modest perk for your restaurant bills. You earn 2 Fuel Points for every Rs. 100 spent on dining. This matches the base reward rate of the card, giving you a 1% return on your food bills. If you take your family out for dinner and the bill comes to Rs. 3,000, you will earn 60 Fuel Points. These points add Rs. 30 in value to your rewards pool, which you can later use to fill up your tank.
Fuel Surcharge Waiver
Beyond the reward points, this card helps you save on the mandatory banking surcharges applied at petrol pumps. You get a 1% fuel surcharge waiver on your fuel transactions. This waiver is capped at a maximum of Rs. 200 per month. To get the maximum waiver of Rs. 200, you would be spending Rs. 20,000 on fuel. This waiver ensures that the extra 1% fee charged by card networks at the pump does not eat into your 7.5% reward value.
View FAQ
Commonly Asked Questions
How do I qualify for the welcome bonus?
You need to make a single transaction of Rs. 500 or more using your new card. You must complete this transaction within 30 days of the card issuance date to receive the bonus points.
What is the exact value of the welcome benefit?
You receive 3,000 Fuel Points as your welcome bonus. Because each point is valued at Rs. 0.50 for fuel redemption, the total monetary value of this benefit is exactly Rs. 1,500.
When will the welcome points reflect in my account?
Welcome rewards are credited to your account within 30 days of the qualifying transaction and reflect in the subsequent billing statement.
Does a transaction of Rs. 400 qualify for the welcome bonus?
No, the transaction must be a minimum of Rs. 500 in a single swipe to trigger the welcome bonus. Multiple smaller transactions that add up to Rs. 500 will not qualify.
What is the standard reward rate on this card?
For general non-fuel purchases, you earn 2 Fuel Points per Rs. 100 spent. This translates to an effective reward rate of 1% on your everyday card spends.
How many points do I earn on fuel purchases?
You earn an accelerated 15 Fuel Points for every Rs. 100 spent specifically at IndianOil fuel stations. This gives you a high 7.5% value back on your fuel expenses.
What is the value of 1 Fuel Point in rupees?
Each Fuel Point is valued at Rs. 0.50 when redeemed for fuel at IndianOil outlets. This means you need 2 points to get Rs. 1 in value.
Is there a limit to how many fuel points I can earn?
Yes, the accelerated earning of 15 points per Rs. 100 at IndianOil is capped at 2,000 Fuel Points per month. Once you hit this cap, further fuel spends earn the base rate of 2 points per Rs. 100.
How much do I need to spend on fuel to hit the monthly cap?
To reach the maximum 2,000 Fuel Points per month, you need to spend approximately Rs. 13,333 at IndianOil stations in a single billing cycle.
Do I earn points on utility bill payments?
No, utility bill payments are part of the bank exclusions list. You will not earn any Fuel Points when paying electricity, water, or gas bills with this card.
Do I earn points on rent payments?
No, rent payments are strictly excluded from earning reward points. Additionally, the bank charges a 1% fee on the transaction amount when you use the card to pay rent.
Do I earn points on insurance premium payments?
Insurance payments are explicitly listed in the excluded categories for this card. You will not accumulate any Fuel Points for paying insurance premiums.
Are education or school fee payments excluded from earning rewards?
Yes, education spends are part of the excluded merchant categories. You will not earn the base rate of 2 Fuel Points per Rs. 100 on school or college fee payments.
Which transactions are excluded from earning reward points?
Transactions like cash advances, wallet loads, EMI spends, gambling, toll payments, taxes, jewelry purchases, forex transactions, and government-related payments do not earn any rewards.
How many points do I earn on dining?
You earn 2 Fuel Points for every Rs. 100 spent on dining transactions. This provides an effective 1% return on your restaurant bills.
Is there a monthly cap on dining rewards?
Dining rewards are capped at 2,000 points per month, ensuring consistent rewards across your monthly food expenses.
Can I redeem points earned on dining for food?
Points earned on dining are pooled into your total Fuel Points balance. You can redeem them for fuel at IndianOil or use them online at rblrewards.com for shopping and vouchers.
Does this cover food delivery apps like Swiggy and Zomato?
Online food delivery platforms like Swiggy and Zomato are classified under the dining category, allowing you to earn 2 Fuel Points per Rs. 100 on these spends.
What is the fuel surcharge waiver on this card?
The card offers a 1% fuel surcharge waiver on your fuel transactions. This helps negate the standard fee that card machines charge at petrol pumps.
Is there a maximum limit to the surcharge waiver?
Yes, the fuel surcharge waiver is strictly capped at Rs. 200 per month. Once you save Rs. 200 in surcharges, subsequent fuel buys will incur the normal 1% surcharge.
Does the waiver apply to all fuel stations?
The 1% fuel surcharge waiver applies to all fuel stations in India, providing savings at both IndianOil and other major outlets.
Are there minimum and maximum transaction limits for the waiver?
To qualify for the surcharge waiver, fuel transactions must be between Rs. 400 and Rs. 4,000.
Milestone Benefits
4000 reward points(Worth ~ ₹2,000)
Spend ₹75,000 in 90 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Fuel Point = ₹0.5
Redemption Options
- Fuel Station via IndianOil
- Shopping
- Vouchers
To check redemption catalogue
Earning points is only half the journey; redeeming them easily is what makes a credit card truly valuab...
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Earning points is only half the journey; redeeming them easily is what makes a credit card truly valuab...
Earning points is only half the journey; redeeming them easily is what makes a credit card truly valuable. The Indian Oil RBL Bank XTRA Credit Card gives you excellent flexibility in how you use your accumulated Fuel Points.
The most lucrative way to use your points is directly at the fuel pump. You can redeem Fuel Points instantly at IndianOil fuel stations by telling the attendant you want to use XTRAREWARDS. When redeemed this way, 1 Fuel Point holds a value of Rs. 0.50. So, if you have 4,000 Fuel Points saved up, you can instantly get Rs. 2,000 worth of free petrol or diesel pumped into your vehicle. There are no complicated vouchers to print; it happens right at the point of sale.
If you prefer to use your points for other lifestyle needs, you can log in online to rblrewards.com or use the RBL MyCard App. Through these portals, you can redeem points for travel bookings, shopping items, electronics, and various brand vouchers. The bank also offers the convenience of partial or full point redemption, meaning you don't have to wait until you have enough points to cover the entire cost of an item. Best of all, there is no reward redemption fee charged when you decide to use your points.
View FAQ
Commonly Asked Questions
How do I redeem my Fuel Points at the petrol pump?
You can redeem points instantly at IndianOil fuel stations by telling the attendant you want to pay using XTRAREWARDS. The points will be deducted directly from your account balance.
What is the value I get when I redeem points for fuel?
When redeeming for fuel via XTRAREWARDS, 1 Fuel Point equals Rs. 0.50. For example, 1,000 points will give you Rs. 500 worth of free fuel.
Can I redeem my points for things other than fuel?
Yes, you can visit rblrewards.com or use the RBL MyCard App to redeem your points for travel bookings, shopping, electronics, and various brand vouchers.
Is there a fee for redeeming my reward points?
No fee is charged when redeeming reward points on this card. You keep 100% of the value you have earned without paying a processing fee.
Can I pay for an item partially with points and partially with my card?
Yes, the redemption portal offers options for partial or full point redemption. You can use whatever points you have and pay the balance amount with your credit card.
Do my Fuel Points expire?
Fuel Points earned on this card remain valid for 2 years from the date of accumulation, after which any unredeemed points will expire.
What happens to my unredeemed points if I close the card?
Unredeemed rewards are usually forfeited upon card closure. You should redeem all your accumulated points before initiating the cancellation process.
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 RBL Bank Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an RBL Bank 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
All Reversals
Cancelled Transactions
Cash Advances
ATM Cash Withdrawals
Quasi-Cash Transactions
Money Transfers
P2P Transfers
Wallet Loads
Load Money
Gift Cards and Vouchers
Voucher Purchases
EMI Spends
Bank Charges & Fees
Late Payment Fees
Processing Fees
Financial Charges
Interest Charges
Payment Returned Charges
Service/Interest Charges
Transaction Charges
Education Spends
Fuel Surcharge
Toll Payments
Gambling Transactions
Lottery
Online Skill-Based Gaming
Government-related Transactions
Utility Bill Payments
Telecom
Taxes
Insurance Payments
Jewellery Purchases
Forex Transactions
Cryptocurrency/Digital Asset Transactions
Rent Payment
Railways
Transportation
Business Services
Contracted Services
Collection Agencies
Security Broker Services
Charity
Donations
Donations to Religious Organizations
Donations to Political Organizations
Antique Items
Liquid Assets
Outstanding Payments
Smartpay
Smartbuy Portal
For Spends Waiver
All Reversals
Cancelled Transactions
Cash Advances
ATM Cash Withdrawals
Quasi-Cash Transactions
Money Transfers
P2P Transfers
Wallet Loads
Load Money
Gift Cards and Vouchers
Voucher Purchases
EMI Spends
Bank Charges & Fees
Late Payment Fees
Processing Fees
Financial Charges
Interest Charges
Payment Returned Charges
Service/Interest Charges
Transaction Charges
Education Spends
Fuel Surcharge
Toll Payments
Gambling Transactions
Lottery
Online Skill-Based Gaming
Government-related Transactions
Utility Bill Payments
Telecom
Taxes
Insurance Payments
Jewellery Purchases
Forex Transactions
Cryptocurrency/Digital Asset Transactions
Rent Payment
Railways
Transportation
Business Services
Contracted Services
Collection Agencies
Security Broker Services
Charity
Donations
Donations to Religious Organizations
Donations to Political Organizations
Antique Items
Liquid Assets
Outstanding Payments
Smartpay
Smartbuy Portal
To avoid disappointment, it is crucial to understand which transactions will not earn you any rewards. ...
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To avoid disappointment, it is crucial to understand which transactions will not earn you any rewards. ...
To avoid disappointment, it is crucial to understand which transactions will not earn you any rewards. Like all credit cards, the Indian Oil RBL Bank XTRA Credit Card has a strict list of excluded spending categories.
You will not earn any Fuel Points on utility bill payments, telecom bills, taxes, insurance payments, or education spends. For instance, if you pay a Rs. 50,000 annual school fee for your child using this card, you will earn zero points. Paying rent with this card is also excluded from rewards. Furthermore, wallet loads (like adding money to Paytm or Amazon Pay), gift card and voucher purchases, money transfers, and EMI spends are all excluded. Other non-rewarding categories include cash advances, ATM cash withdrawals, toll payments, gambling transactions, jewelry purchases, forex transactions, cryptocurrency buys, and government-related payments.
It is also important to note the category cap. While fuel purchases at IndianOil earn a high rate, they are capped at 2,000 Fuel Points per month. Once you hit that cap, any further spending on fuel in that specific month will not yield the accelerated return, effectively acting as an exclusion for the high reward rate until the next billing cycle begins.
View FAQ
Commonly Asked Questions
Which major transactions do not earn rewards on this card?
Transactions like utility bills, rent payments, insurance premiums, education fees, wallet loads, taxes, EMI spends, and government-related payments do not earn any Fuel Points.
Does paying rent with this card earn reward points?
No, rent payments are strictly excluded from reward earning. Furthermore, the bank charges a 1% fee on the transaction amount when you pay rent using the card.
Are insurance premium payments excluded from rewards?
Yes, insurance payments are categorized as excluded transactions and will not accumulate any Fuel Points on your account.
Do wallet top-ups or gift card purchases earn rewards?
Wallet loading transactions, load money features, and gift card or voucher purchases are completely excluded from earning rewards.
Are education or school fee payments excluded from earning rewards?
Yes, education spends are part of the excluded merchant list. Using this card to pay school or college fees will not earn you the base reward points.
Do I earn points when my transaction gets converted to an EMI?
No, EMI spends are excluded. If you buy an appliance and convert it into monthly installments, you forfeit the reward points on that purchase.
What happens if I accidentally make a payment in an excluded category?
The transaction processes normally and the merchant gets paid, but you simply will not earn any Fuel Points for that specific spend. You do not lose points you already have.
Are utility bill payments such as electricity and water excluded from rewards?
Yes, all utility bill payments including electricity, water, gas, and telecom bills are specifically excluded from earning any rewards on this card.
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 Finance charges of 3.99% per month (47.88% per annum) apply on unpaid outstanding balances until the amount is fully repaid. | 3.99% |
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 A railway booking surcharge of 1.80% for online transactions and 2.50% for other bookings is applied, with additional bank charges and taxes recovered at actuals. | 1.80% |
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 No cheque payment fee is charged | Not Applicable |
Cash Payment Fees ₹100 cash payment fee per deposit. | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹40 | ₹5 |
| ₹41 - ₹100 | ₹10 |
| ₹101 - ₹500 | ₹100 |
| ₹501 - ₹5,000 | ₹500 |
| ₹5,001 - ₹10,000 | ₹750 |
| ₹10,001 - ₹25,000 | ₹950 |
| ₹25,001 - ₹50,000 | ₹1,100 |
| ₹50,000 and above | ₹1,300 |
While the rewards on the Indian Oil RBL Bank XTRA Credit Card are attractive, the bank applies several ...
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While the rewards on the Indian Oil RBL Bank XTRA Credit Card are attractive, the bank applies several ...
While the rewards on the Indian Oil RBL Bank XTRA Credit Card are attractive, the bank applies several fees and charges for specific services and defaults. Understanding this cost structure helps you manage your account wisely and avoid unexpected penalties.
Joining Fee: A one-time joining fee of Rs. 1,500 plus GST is charged at the time of card issuance. If you spend Rs. 500 within the first 30 days, you earn 3,000 Fuel Points worth Rs. 1,500, effectively offsetting this cost.
Annual Fee: The annual fee is Rs. 1,500 plus GST. This fee is waived if you spend Rs. 2.75 lakh or more in a year on your card. For example, spending an average of Rs. 23,000 monthly ensures you never pay this renewal fee.
APR or Interest Rate: Interest is charged at 1.99% per month (23.88% per annum) on unpaid balances. If you carry a balance of Rs. 10,000 past the due date, the bank will charge you approximately Rs. 199 in interest for that month.
Late Payment Charges: If you miss your payment due date, you face a sliding scale of penalties. The fee is Rs. 0 for balances up to Rs. 100; Rs. 100 for balances between Rs. 101 and Rs. 500; Rs. 500 for balances up to Rs. 1,000; Rs. 600 up to Rs. 5,000; Rs. 750 up to Rs. 10,000; Rs. 900 up to Rs. 25,000; Rs. 1,100 up to Rs. 50,000; and Rs. 1,300 for balances above Rs. 50,000. For instance, if you forget to pay a Rs. 3,000 bill, you will be hit with a Rs. 600 late fee.
Forex Markup Fee: A 2% forex markup is charged on transactions made in currencies other than INR. If you buy a software subscription online from a US company for USD 100 (approx. Rs. 8,300), the bank will add a 2% fee of Rs. 166 to your bill.
ATM Cash Withdrawal Fee: 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum Rs. 500). If you withdraw Rs. 10,000 from an ATM, you will be slapped with a Rs. 500 minimum fee immediately, plus high daily interest.
Rent Payment Convenience Fee: 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST. If you use this card to pay a Rs. 20,000 house rent, you will pay an extra Rs. 200 just in processing fees, while earning zero reward points.
Railway Surcharge: A railway ticket purchase fee of 1% of the transaction amount plus GST is applied. Booking a Rs. 2,000 train ticket on IRCTC using this card will incur an extra Rs. 20 surcharge.
Cash Payment Fee: A cash processing fee of Rs. 100 is charged for credit card payments made in cash at RBL Bank branches or ATMs. To avoid paying Rs. 100 just to clear your bill, always use online payment methods like NEFT or UPI.
Cheque Payment Fee: Outstation cheque processing charges apply if you pay your bill this way. For cheque values up to Rs. 5,000, the fee is Rs. 25. For values above Rs. 5,000, the fee is Rs. 50. Paying a Rs. 6,000 bill via an outstation cheque will cost you an extra Rs. 50.
Reward Redemption Fee: No fee is charged when redeeming reward points on this card. If you redeem 1,000 points for Rs. 500 in fuel, you get exactly Rs. 500 without any processing deductions.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 1,500 (Offset via 3,000 Fuel Points welcome bonus) |
| Annual Fee | Rs. 1,500 (Waived on spending Rs. 2.75 lakh annually) |
| Interest Rate (APR) | 1.99% per month (23.88% per annum) |
| Late Payment Fee | Varies by balance: Rs. 0 to Rs. 1,300 |
| Forex Markup | 2% of transaction value |
| Cash Withdrawal Fee | 2.5% of amount (Minimum Rs. 500) |
| Rent Payment Fee | 1% of transaction amount |
| Railway Surcharge | 1% of transaction amount + GST |
| Cash Payment Fee | Rs. 100 at branch/ATM |
| Cheque Payment Fee | Rs. 25 (up to Rs. 5000) or Rs. 50 (above Rs. 5000) |
| Reward Redemption Fee | Not Applicable |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The joining fee is Rs. 1,500. However, it is effectively offset because you earn 3,000 Fuel Points (worth Rs. 1,500) upon completing a Rs. 500 transaction within 30 days.
What is the annual or renewal fee?
The annual renewal fee is Rs. 1,500. This is charged at the start of your second year of card membership.
Is there an annual fee waiver based on spending?
The annual fee is waived if you spend Rs. 2.75 lakh or more in a year on your card. This requires an average monthly spend of roughly Rs. 23,000.
What is the interest rate (APR) if I don't pay my full balance?
Interest is charged at a rate of 1.99% per month, which calculates to 23.88% per annum on your unpaid balances.
How is the interest calculated on outstanding balances?
If you carry forward a balance of Rs. 10,000, the bank calculates interest daily at the 1.99% monthly rate, adding approximately Rs. 199 to your next bill.
What are the late payment charges?
Late fees are tiered based on your outstanding balance. They range from Rs. 0 for balances under Rs. 100, up to a maximum of Rs. 1,300 for balances exceeding Rs. 50,000.
Is the late payment fee different based on outstanding amount?
Yes, for example, a Rs. 3,000 balance attracts a Rs. 600 fee, while a Rs. 15,000 balance attracts a higher Rs. 900 penalty fee.
What is the forex markup for international transactions?
A 2% forex markup is charged on transactions made in currencies other than INR. A Rs. 10,000 equivalent foreign spend will cost you Rs. 200 in markup fees.
Can I withdraw cash using my credit card?
Yes, but it is highly discouraged. The bank charges a cash advance fee of 2.5% of the withdrawn amount, subject to a minimum of Rs. 500.
Are there fees for paying rent with this card?
Yes, a 1% fee is charged on rent payment transactions. If you pay Rs. 15,000 in rent, you will incur an extra Rs. 150 processing charge.
Is there a fee for paying my bill in cash?
Yes, a cash processing fee of Rs. 100 is charged if you decide to pay your credit card bill over the counter using physical currency.
What are the charges for cheque payment of bills?
Outstation cheque processing costs Rs. 25 for amounts up to Rs. 5,000, and Rs. 50 for cheque amounts above Rs. 5,000.
Are there charges for railway ticket bookings?
Yes, purchasing railway tickets with this card incurs a standard surcharge of 1% of the transaction amount plus GST.
Is there a fee to redeem my reward points?
No fee is charged when redeeming reward points on this card. You receive the full value of your reward points.
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Documents Required
To process your application smoothly, you must provide proof of identity, address, and income. Having these ready prevents unnecessary delays.
You need your PAN Card as the primary identity document. For address proof, an Aadhaar Card, Passport, or Voter ID is acceptable. To prove your income, salaried employees should provide their latest two months' salary slips and the last three months' bank statements showing salary credits. Self-employed applicants must submit their latest Income Tax Return (ITR) computation along with business continuation proof.
View FAQ
Commonly Asked Questions
Is a PAN card mandatory to apply?
Yes, a valid PAN card is mandatory for all credit card applications. The bank uses it to pull your credit report and verify your financial history.
What documents are accepted for address proof?
You can submit your Aadhaar card, valid Passport, Voter ID, or recent utility bills as valid proof of your current residential address.
How many months of salary slips do I need to provide?
Salaried applicants typically need to provide their most recent 2 to 3 months of salary slips as proof of steady income.
What income proof is required if I am self-employed?
Self-employed individuals must provide their latest Income Tax Returns (ITR) documents, showing a minimum annual income of Rs. 3 Lakh.
Can I use my bank statement as income proof?
Yes, a recent 3-month bank statement showing regular salary credits is often required alongside your salary slips to verify your income.
Do I need physical copies of my documents for Video KYC?
Yes, you must have the original physical copies of your PAN card and Aadhaar card in your hand during the live Video KYC call. Photocopies or digital images on another phone are not accepted.
Who Should Get This Card?
Are you wondering if this is the right plastic for your wallet? Let us break down who benefits most from the Indian Oil RBL Bank XTRA Credit Card.
The Daily Commuter: If you drive to work every day and spend Rs. 8,000 to Rs. 12,000 a month on fuel, this card is built for you. The 7.5% return will save you nearly Rs. 900 every month, easily justifying the annual fee and putting real money back in your pocket.
The Road Trip Enthusiast: If you frequently hit the highway on weekends, fuel costs add up quickly. Because this card allows you to earn up to 2,000 Fuel Points a month, you can confidently fuel up at IndianOil pumps along the highway knowing you are getting maximum value.
Who Should NOT Get This Card: If you only fill up your scooter once a month for Rs. 1,000, avoid this card. The Rs. 1,500 annual fee is too high for low-spenders, and you will struggle to meet the Rs. 2.75 Lakh annual waiver target. Furthermore, if you want a card for online shopping, dining, or lounge access, this card's basic 1% general reward rate will disappoint you. Look for a dedicated cashback or lifestyle card instead.
Credit Limit and What to Expect
Your credit limit dictates how much purchasing power you have every month. It is important to know that banks do not assign a flat credit limit to every cardholder. Instead, the limit is customized based on your financial profile.
When you are approved for the Indian Oil RBL Bank XTRA Credit Card, the bank evaluates your annual income, your existing credit score, and any outstanding loans or credit card balances you currently hold. If you have a high income of Rs. 10 Lakhs and a CRIF score of 780, you might receive a generous limit of Rs. 1.5 Lakhs or more. If you barely meet the Rs. 3 Lakh income minimum, expect a smaller starting limit, perhaps around Rs. 30,000 to Rs. 50,000.
View FAQ
Commonly Asked Questions
What is the minimum credit limit offered on this card?
The minimum credit limit assigned on this card is Rs. 30,000, with higher limits granted based on individual salary levels and credit history.
How does the bank decide my credit limit?
Your limit is determined by your annual income, your CRIF credit score, existing debt obligations, and your repayment history with other financial institutions.
Can I request a higher credit limit later?
Yes, banks regularly review accounts. If you pay your bills on time and utilize your card responsibly for 6 to 12 months, you can request a limit increase.
Will paying my bill early increase my credit limit?
Paying your bill early does not automatically increase your limit, but maintaining a good payment history over several months makes you a strong candidate for a limit enhancement.
Can I spend beyond my assigned credit limit?
Over-limit transactions are permitted if you have enabled the feature in your card settings; however, spending beyond your limit incurs a penalty fee of 2.5% of the over-limit amount.
Does having a lower limit hurt my credit score?
A lower limit only hurts if you use most of it every month (high credit utilization). Keeping your balances low relative to your limit helps protect your credit score.
How to Apply?
Getting your hands on the Indian Oil RBL Bank XTRA Credit Card is a straightforward process. You have multiple avenues to apply, making it convenient whether you prefer digital platforms or physical branch visits.
The fastest way is to apply online. You can visit the official RBL Bank website, navigate to the credit cards section, and locate this specific co-branded card. After filling out your basic details like name, PAN, and income, the bank will do a quick check to see if you meet the CRIF score requirement of 720. If you do, you will proceed to the Video KYC stage, where a bank executive will verify your original documents over a live video call. Alternatively, you can apply offline by visiting the nearest RBL Bank branch and filling out a physical application form with the help of a representative.
View FAQ
Commonly Asked Questions
Can I apply for this card online?
Yes, the online application process is straightforward. Visit the RBL Bank official website or apply through verified partner platforms to complete the application from home.
What is Video KYC and is it mandatory?
Video KYC is a digital verification process where a bank agent verifies your original PAN card and identity over a video call. It is standard for completing an online application without visiting a branch.
Do I need to visit a branch to complete the application?
No, if you complete the digital application and your Video KYC is successful, you can finish the entire process online without ever visiting a physical bank branch.
How long does the approval process take?
The credit card approval process takes 7 to 10 working days following successful document verification and Video KYC.
How can I track my application status?
You will receive an Application Reference Number via SMS and email. You can use this number on the bank's website to track the current status of your application.
What happens if my Video KYC fails?
If your video connection drops or documents are unclear, the Video KYC might fail. In such cases, the bank usually arranges for physical document collection at your home or office.
That’s the full story of this credit card
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Top Benefits
Apply and get ₹800 Rewards
Top Benefits
Up to 7.5% Valueback on Fuel Purchases
through accelerated fuel points earnings and fuel surcharge waiver benefits
Quarterly Fuel Bonus of 1000 Additional Fuel Points
on spend milestone on crossing quarterly spends of ₹75,000
The smartest way to find your great credit card
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