RBL Bank
IndianOil RBL Bank Credit Card
This is an invite only card
Apply and get ₹800 Rewards
Top Benefits
Get 6% Valueback at IndianOil fuel Stations
as 10 fuel points per ₹100 spent, capped at 1,000 fuel points per month
Get 1,000 Fuel Points on Spends Above ₹500
within 30 days of getting the card
Best For
Fuel
Shopping
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Expert Review
The IndianOil RBL Bank Credit Card serves a very specific, practical purpose: putting money back in your pocket when you buy petrol. I appreciate how clean the proposition is. The Rs. 500 joining fee is immediately negated by the 1,000 Fuel Points welcome bonus, provided you make a quick Rs. 500 spend in the first month. The 5% value back on IndianOil fuel (via the 10 points/Rs. 100 system) is strong, and the 0% forex markup is an unexpected, brilliant perk on a card at this price point.
However, the card has a few glaring flaws. The most frustrating is the Rs. 99 redemption fee. When you are collecting points to save money, being charged over Rs. 100 (after GST) just to use your rewards feels punitive. If you only redeem 1,000 points (worth Rs. 500 in fuel), that fee wipes out 20% of your value instantly. Furthermore, the Rs. 1.75 Lakh annual fee waiver target is notably higher than competitors like HDFC, which asks for only Rs. 50,000 to waive the same Rs. 500 fee.
Overall, it is a solid choice if you are fiercely loyal to IndianOil and spend enough on general purchases to hit the Rs. 1.75 Lakh waiver. But be smart: hoard your Fuel Points and redeem them in large quantities to minimize the sting of the redemption fee.
Joining / Annual Fee
Joining Fees
₹590 ( ₹500 + GST )
Annual Fees
₹590 ( ₹500 + GST )
Understanding the costs associated with a credit card is just as important as knowing the benefits. T...
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Understanding the costs associated with a credit card is just as important as knowing the benefits. T...
Understanding the costs associated with a credit card is just as important as knowing the benefits. The IndianOil RBL Bank Credit Card keeps things relatively inexpensive.
When you are issued the card, you will be charged a one-time joining fee of Rs. 500 (plus applicable taxes). However, the bank effectively gives this back to you. If you spend Rs. 500 within the first 30 days, you earn 1,000 Fuel Points worth Rs. 500. This clever setup offsets the initial cost entirely.
From the second year onwards, the bank charges an annual fee of Rs. 500 (plus taxes). But you don't necessarily have to pay this. The annual fee is waived if you spend Rs. 1.75 Lakhs or more in the previous year. To hit this target, you need to spend about Rs. 14,583 per month. If you put your groceries, utility bills (where eligible), and fuel on this card, reaching that waiver is quite manageable for most households.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The card has a one-time joining fee of Rs. 500, which is charged when the card is issued.
Can the joining fee be waived?
It isn't waived directly, but you offset it completely by spending Rs. 500 in the first 30 days to get 1,000 Fuel Points worth Rs. 500.
What is the annual or renewal fee?
The bank charges an annual renewal fee of Rs. 500 starting from the second year.
Is there an annual fee waiver option?
Yes, the Rs. 500 annual fee is waived if you spend Rs. 1.75 Lakhs or more during the year.
How much do I need to spend monthly to get the fee waived?
To reach the Rs. 1.75 Lakh annual target, you need to average about Rs. 14,583 in card spends each month.
What happens if I spend Rs. 1.5 Lakhs in a year?
Because you missed the Rs. 1.75 Lakh threshold, the full Rs. 500 annual fee plus taxes will be charged to your account.
Is the fee waiver based on the calendar year or card anniversary?
The waiver is based on your spending over a calendar year as per bank policy.
How can I get this card lifetime free?
The card is primarily a fee-based product, though RBL Bank occasionally offers lifetime-free conversions during festive seasons or for premium account holders.
Eligibility
Age
Criteria*
21-70 years
Salary
Criteria*
3LPA
Credit
Rating*
720+
New to credit
allowed
No
Existing Bank
Customer Allowed
Yes
Before you get excited about the fuel savings, you need to ensure you meet the bank's requirements fo...
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Before you get excited about the fuel savings, you need to ensure you meet the bank's requirements fo...
Before you get excited about the fuel savings, you need to ensure you meet the bank's requirements for the IndianOil RBL Bank Credit Card. The eligibility rules are straightforward but firm.
First, the primary applicant must be between 21 and 70 years of age. Whether you are a salaried employee or run your own business, you are welcome to apply as the card accepts both employment types.
Income is a crucial factor. You need a minimum annual income of Rs. 3 Lakhs. That means a monthly salary or business income of at least Rs. 25,000 qualifies you. This is a very accessible threshold, making the card great for young professionals starting their careers.
Finally, your credit history matters. RBL Bank requires a minimum CRIF score of 720. If your score is 720 or above, your chances of approval are strong, provided your income documents match the requirements.
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary applicant must be at least 21 years old at the time of application.
What is the maximum age limit for the primary cardholder?
You must be 70 years old or younger to be eligible for this credit card.
What is the minimum salary required for salaried applicants?
Salaried individuals need a minimum annual income of Rs. 3 Lakhs, which breaks down to about Rs. 25,000 per month.
Can self-employed individuals apply for this card?
Yes, self-employed professionals can apply and must also show a minimum annual income of Rs. 3 Lakhs.
What credit score is needed for approval?
A CRIF score of 720 or above is required as per the bank's strict eligibility criteria.
Will my application be rejected if my credit score is below 720?
Yes, since a score of 720 is the stated minimum requirement, applying with a lower score will likely lead to rejection.
Do I need an existing relationship with RBL Bank?
While an existing relationship is not mandatory, having an RBL savings account or loan speeds up the internal verification and approval process.
Can I apply if I earn exactly Rs. 25,000 a month?
Yes, Rs. 25,000 a month equals Rs. 3 Lakhs annually, which perfectly meets the bank's minimum income requirement.
All Card Benefits
- 10 fuel points per ₹100 spent at IndianOil fuel stations
- 1 fuel point per ₹100 spent on all other purchases like shopping and everyday spends
- 1 fuel point = ₹0.5 redemption value at IndianOil fuel stations
- Welcome benefit of 1,000 fuel points worth ₹500 on spending ₹500 within 30 days
- Up to 100 litres free petrol annually as fuel points on monthly spends of ₹20,000
Welcome Benefits
Getting started with the IndianOil RBL Bank Credit Card is rewarding. When you ma...
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Welcome Benefits Getting started with the IndianOil RBL Bank Credit Card is rewarding. When you ma...
Welcome Benefits
Getting started with the IndianOil RBL Bank Credit Card is rewarding. When you make your first card transaction of Rs. 500 or more within 30 days of receiving the card, the bank credits 1,000 Fuel Points to your account. Since 1 Fuel Point equals Rs. 0.50 at IndianOil outlets, this bonus is worth exactly Rs. 500.
This completely offsets the Rs. 500 joining fee you pay upfront. If you receive your card on January 1st, simply use it to buy Rs. 500 worth of groceries or fuel before January 30th to secure this bonus.
Fuel Benefits
This is where the IndianOil RBL Bank Credit Card truly shines. You earn 10 Fuel Points for every Rs. 100 spent at IndianOil Fuel Stations. If you fill up your tank for Rs. 3,000 a month, you will earn 300 Fuel Points. At Rs. 0.50 per point, that is Rs. 150 back every month just on fuel.
Additionally, the card offers a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 4,000. This waiver is capped at Rs. 100 per month. So, if you make a fuel purchase of Rs. 2,000, the Rs. 20 surcharge is waived, saving you even more money at the pump.
Dining Benefits
Beyond the pump, the card handles your eating out expenses reasonably well. You earn 1 Fuel Point for every Rs. 100 spent on dining. If you take your family out for dinner and the bill comes to Rs. 2,000, you will earn 20 Fuel Points. While not the highest dining reward rate out there, it consistently adds to your fuel savings pool.
Reward Points Structure
For all other everyday purchases outside of fuel and specific exclusions, the card gives you a standard reward rate of 1 Fuel Point per Rs. 100 spent. Whether you are buying groceries for Rs. 5,000 or a new phone for Rs. 15,000, you earn points steadily.
For example, a Rs. 15,000 mobile phone purchase nets you 150 Fuel Points. When redeemed for petrol, those 150 points give you Rs. 75 worth of free fuel. While the base rate of 0.5% effective return is basic, it ensures that every swipe contributes to your next tank of petrol.
View FAQ
Commonly Asked Questions
How do I qualify for the welcome bonus?
You need to make a single transaction of at least Rs. 500 within the first 30 days of your card being issued.
What is the value of the welcome benefit?
You receive 1,000 Fuel Points. Since each point is worth Rs. 0.50 for fuel redemption, the total value is Rs. 500.
Is there a minimum transaction amount for the welcome bonus?
Yes, your first transaction must be Rs. 500 or more to trigger the 1,000 Fuel Points bonus.
When will I receive the welcome benefit after card activation?
The points are generally credited to your reward account shortly after you complete the qualifying Rs. 500 transaction within the 30-day window.
How many points do I earn on fuel purchases?
You earn an impressive 10 Fuel Points for every Rs. 100 you spend at IndianOil fuel stations.
Is there a fuel surcharge waiver?
Yes, you get a 1% fuel surcharge waiver on transactions ranging from Rs. 500 to Rs. 4,000.
What is the maximum surcharge waiver I can get?
The 1% surcharge waiver is capped at a maximum of Rs. 100 per statement cycle.
Do I earn the accelerated 10 points at any petrol pump?
No, the accelerated rate of 10 Fuel Points per Rs. 100 only applies to transactions made specifically at IndianOil fuel stations.
Do I earn points when eating out?
Yes, you earn 1 Fuel Point for every Rs. 100 spent on dining at restaurants.
How much value do I get from dining spends?
Since you earn 1 point per Rs. 100, and points are worth Rs. 0.50 for fuel, you get an effective return of 0.5% on your dining bills.
Does food delivery count under dining benefits?
Food delivery apps like Swiggy and Zomato earn dining reward points as they are categorized under the standard dining Merchant Category Code.
Are there any caps on dining points?
There is no separate cap on dining points, allowing you to earn 1 point per Rs. 100 on all eligible dining transactions.
What is the standard reward rate on this card?
You earn 1 Fuel Point for every Rs. 100 spent on regular, eligible card purchases.
What is the value of 1 reward point in rupees?
The best value is 1 Fuel Point equals Rs. 0.50 when redeemed for fuel at IndianOil stations or for petrol vouchers.
What if I redeem points on the RBL Rewards Portal instead?
If you choose to redeem on the RBL Rewards portal for other items, the value drops significantly to 1 Fuel Point equals Rs. 0.10.
How many points do I earn on a Rs. 5,000 grocery bill?
Since you earn 1 point per Rs. 100 on regular spends, a Rs. 5,000 grocery bill will earn you 50 Fuel Points.
Do my Fuel Points expire?
Fuel Points on this card remain valid for 2 years from the date of accumulation, giving you ample time to redeem them.
Can I convert Fuel Points to airline miles?
No, this specific card focuses on fuel rewards and does not offer direct conversion to airline miles.
Do I earn points on rent payments?
No, rent payments are strictly excluded from earning any Fuel Points on this card.
Are education fees eligible for points?
No, education spends are excluded and will not earn you any Fuel Points.
Can I transfer my points to another cardholder?
Reward points are tied to your specific card account and generally cannot be transferred to someone else.
Do I get bonus points for high annual spending?
The card focuses its milestone benefits on the annual fee waiver rather than providing additional bonus points for hitting high annual spending targets.
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Fuel Point = ₹0.5
Redemption Options
- Fuel Station via Indian Oil
- Vouchers
- Products
To check redemption catalogue
Earning points is only half the fun; redeeming them properly is where you see the real savings. The I...
Read MoreRead Less
Earning points is only half the fun; redeeming them properly is where you see the real savings. The I...
Earning points is only half the fun; redeeming them properly is where you see the real savings. The IndianOil RBL Bank Credit Card gives you a couple of ways to use your hard-earned Fuel Points, but one method is clearly superior.
The absolute best way to use your points is directly at select IndianOil XTRAREWARDS petrol pumps. When you redeem here, 1 Fuel Point gives you Rs. 0.50 worth of petrol or diesel. If you have accumulated 2,000 Fuel Points over a few months, you can get Rs. 1,000 worth of free fuel pumped straight into your vehicle. You can also opt for petrol vouchers at this same exchange rate.
Alternatively, you can convert your Fuel Points into XTRAREWARDS Points (XRP) at a ratio of 3 Fuel Points to 5 XRP (where 1 XRP = Rs. 0.30).
Finally, you can visit the RBL Rewards Portal (www.rblrewards.com) or use the RBL app to redeem points for catalogue items or vouchers. However, this is a poor choice. On the portal, the value drops to just Rs. 0.10 per point. So those same 2,000 points would only get you Rs. 200 worth of value. Always stick to the fuel redemptions.
Be aware that every time you make a redemption request, the bank charges a handling fee of Rs. 99 plus GST.
View FAQ
Commonly Asked Questions
How do I get the best value for my points?
Redeem them for petrol or diesel directly at IndianOil XTRAREWARDS outlets, where 1 point equals Rs. 0.50.
How much value do I lose by redeeming on the RBL Portal?
A lot. On the portal, 1 point is only worth Rs. 0.10. For example, 1,000 points give you Rs. 500 in fuel but only Rs. 100 on the portal.
Is there a fee to redeem my reward points?
Yes, RBL Bank charges a redemption handling fee of Rs. 99 plus applicable GST every time you request a redemption.
How do I convert points to XTRAREWARDS?
You can convert them at a ratio where 3 Fuel Points give you 5 XTRAREWARDS Points. Since 1 XRP equals Rs. 0.30, this maintains good value.
Can I use the points to pay my credit card bill directly?
Direct statement credit is currently unavailable for this fuel-centric card; rewards are best utilized for fuel redemptions to maximize value.
Do I have to redeem points in specific multiples?
You can redeem your rewards in blocks of 1,000 Fuel Points once you reach the minimum threshold.
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
Gift Cards and Vouchers
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 Spends (at non-IndianOil outlets)
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
Antique Items
Load Money
Liquid Assets
Outstanding Payments
Voucher Purchases
Donations to Religious Organizations
Donations to Political Organizations
Smartpay
Smartbuy Portal
For Spends Waiver
All Reversals
Cancelled Transactions
Cash Advances
ATM Cash Withdrawals
Quasi-Cash Transactions
Money Transfers
P2P Transfers
Wallet Loads
Gift Cards and Vouchers
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
Antique Items
Load Money
Liquid Assets
Outstanding Payments
Voucher Purchases
Donations to Religious Organizations
Donations to Political Organizations
Smartpay
Smartbuy Portal
Credit cards don't give you rewards on absolutely everything, and the IndianOil RBL Bank Credit Card ...
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Credit cards don't give you rewards on absolutely everything, and the IndianOil RBL Bank Credit Card ...
Credit cards don't give you rewards on absolutely everything, and the IndianOil RBL Bank Credit Card has a very extensive list of exclusions. It is vital to know these so you don't spend expecting points and get nothing.
First, if you buy fuel at any petrol station other than IndianOil (like Bharat Petroleum or HP), you earn zero points. The card is strictly loyal to IndianOil.
Major household expenses like utility bill payments, telecom bills, insurance payments, and rent payments are completely excluded. If you use this card to pay a Rs. 20,000 rent bill or a Rs. 15,000 life insurance premium, you will not earn a single Fuel Point.
Additionally, education spends, wallet loads, EMI purchases, government-related transactions, tax payments, and buying gift vouchers yield no rewards. Financial charges, late fees, cash advances, and toll payments are also excluded. Essentially, stick to dining, physical retail shopping, and IndianOil fuel to earn your points.
View FAQ
Commonly Asked Questions
Which transactions do not earn rewards on this card?
Rent, utilities, telecom, insurance, education, wallet loads, EMI spends, gift cards, tax payments, and government transactions earn zero points.
Do I earn points if I buy petrol at HP or Bharat Petroleum?
No, fuel spends at non-IndianOil outlets are strictly excluded from earning any Fuel Points.
Does paying rent with this card earn reward points?
No, rent payments are explicitly on the exclusion list and will not earn you any rewards.
Are insurance premium payments excluded from rewards?
Yes, paying your life, health, or vehicle insurance premiums with this card will not generate any Fuel Points.
Do wallet top-ups or gift card purchases earn rewards?
No, loading money into wallets (like Paytm) or buying gift vouchers are excluded transactions.
Are education or school fee payments excluded?
Yes, any spends categorized as education will not earn reward points.
Do I earn points on utility bill payments?
No, utility bill payments such as electricity, water, and gas are excluded from earning rewards.
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 |
The IndianOil RBL Bank Credit Card features a straightforward fee structure typical of entry-level fu...
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The IndianOil RBL Bank Credit Card features a straightforward fee structure typical of entry-level fu...
The IndianOil RBL Bank Credit Card features a straightforward fee structure typical of entry-level fuel cards. While the annual costs are low, the penalty and service fees demand attention so you don't eat into your fuel savings.
The Joining Fee is set at Rs. 500 plus applicable taxes. The bank charges this when the card is issued. However, you can effectively wipe this out. If you make a transaction of Rs. 500 within the first 30 days, you earn 1,000 Fuel Points worth Rs. 500, balancing the cost completely.
The Annual or Renewal Fee is also Rs. 500 plus taxes, charged from the second year onwards. You can avoid this fee entirely if your total card spending in the previous year reaches Rs. 1.75 Lakhs. For example, if you spend around Rs. 14,583 per month on shopping, dining, and fuel, the bank waives the Rs. 500 fee for the next year.
The APR or Interest Rate is set at 0.75% per month (or 9% annually). If you carry forward a balance of Rs. 10,000 instead of paying in full, the bank will add finance charges of Rs. 75 to your next bill, plus GST. Always pay your full statement balance to avoid this.
For Late Payment Charges, the fees range from Rs. 100 for small balances up to Rs. 1,300 for balances exceeding Rs. 50,000. Missing a payment will incur a penalty based on these established slabs.
The Foreign Transaction or Forex Markup Fee is an exceptional 0%. This is highly unusual and beneficial for an entry-level card. If you buy a software subscription from a US company for USD 100 (roughly Rs. 8,300), the bank will not charge you the standard 3.5% markup fee. You pay exactly the converted exchange rate.
The ATM Cash Withdrawal Fee is Rs. 199 per domestic withdrawal. While the bank graciously charges 0% interest on the cash for up to 45 days (until the due date), pulling cash from an ATM with a credit card is a bad habit. If you withdraw Rs. 2,000, you are instantly hit with a Rs. 199 fee.
The bank levies a rent payment fee of 1% plus GST on all rental transactions made through the card. This cost applies even though rent transactions do not earn any rewards.
Railway transactions through IRCTC incur a surcharge of 1.8% for internet bookings or 2.5% for counter bookings, plus applicable GST. This is a standard industry charge for rail ticket bookings.
Paying your credit card bill in cash at an RBL Bank branch attracts a cash payment fee of Rs. 250 per transaction. It is recommended to use digital payment methods to avoid this cost.
A cheque bounce or dishonor fee of Rs. 500 is charged to your account if a payment is returned by your bank. Ensure sufficient funds in your account before issuing a cheque for card payments.
The Reward Redemption Fee is a crucial cost to note. RBL Bank charges a handling fee of Rs. 99 plus GST every time you redeem your points. If you redeem Rs. 500 worth of fuel points, you are essentially paying Rs. 116 (with GST) just to access your rewards, which heavily dilutes their value. Always redeem points in large batches to minimize the impact of this fee.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 500 |
| Annual Fee | Rs. 500 (Waived on Rs. 1.75 Lakh spend) |
| Interest Rate (APR) | 0.75% per month |
| Forex Markup Fee | 0% |
| ATM Cash Withdrawal | Rs. 199 per transaction |
| Reward Redemption Fee | Rs. 99 + GST per request |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The bank charges a one-time joining fee of Rs. 500 plus taxes when the card is issued.
What is the annual or renewal fee?
From the second year, an annual fee of Rs. 500 plus taxes applies.
Is there an annual fee waiver based on spending?
Yes, the Rs. 500 annual fee is waived if you spend Rs. 1.75 Lakhs or more in the preceding calendar year.
What is the interest rate if I don't pay my full balance?
The card charges an interest rate of 0.75% per month on unpaid outstanding balances.
How is the interest calculated on outstanding balances?
Finance charges accrue daily at the 0.75% monthly rate on any unpaid amount until you clear the debt fully.
What are the late payment charges?
Late payment fees range from Rs. 100 to Rs. 1,300 based on the total outstanding amount.
What is the forex markup for international transactions?
The card impressively offers a 0% forex markup on international transactions, saving you money on foreign spends.
Can I withdraw cash using my credit card?
Yes, but it costs Rs. 199 per domestic withdrawal, though you get up to 45 days of 0% interest on the withdrawn amount.
Are there fees for paying rent with this card?
The bank levies a fee of 1% plus GST on all rent-related transactions.
Is there a fee to redeem my reward points?
Yes, every time you make a redemption request, the bank charges a fee of Rs. 99 plus applicable GST.
Similar Cards
| Features |  Indian Oil RBL Bank XTRA |  IDFC FIRST Power Plus |  IndianOil Axis Premium |  Axis IOCL |
|---|---|---|---|---|
| Annual Fee | 1500 | 499 | 1000 | 500 |
| Welcome Benefits | ||||
| Best For | Fuel | - | - | - |
| Offer | ||||
| Lounge Access |
Who Should Get This Card?
The Daily Commuter: If you drive to work every day and cross an IndianOil pump on your route, this card makes perfect sense. Earning Rs. 0.50 per point on fuel purchases adds up quickly.
The Young Professional: With a low minimum income requirement of just Rs. 3 Lakhs (Rs. 25,000/month) and an easily offset Rs. 500 joining fee, this is an excellent starter card if you own a two-wheeler or a small car.
Who Should NOT Get This Card: If you use Bharat Petroleum or HP pumps, do not get this card. You will earn zero fuel points there. Also, if you want a card to pay large utility bills, insurance, or rent for rewards, look elsewhere, as those categories are completely excluded.
Credit Limit and What to Expect
When your card is approved, RBL Bank will assign you a credit limit based on your income, CRIF score of 720+, and overall financial profile. Since the minimum income requirement is Rs. 3 Lakhs, entry-level limits might start conservatively but can grow over time with responsible use.
View FAQ
Commonly Asked Questions
How is my credit limit decided?
The bank determines your limit based on your Rs. 25,000+ monthly income, your CRIF score, and your existing debt obligations.
Can I request a higher limit immediately?
You can apply for a credit limit increase after 6 months of disciplined repayment and active card usage.
What happens if I spend more than my credit limit?
Transactions exceeding your limit attract an over-limit fee of 2.5% of the over-limit amount, subject to a minimum of Rs. 500.
Does the Rs. 1.75 Lakh annual spend target include the credit limit?
The Rs. 1.75 Lakh target is based on your actual spending over the year, regardless of what your monthly credit limit is, provided you pay your bills on time.
Will a low credit limit affect my CRIF score?
A low limit only affects your score if you constantly use a high percentage of it. Try to keep your spending below 30% of your total limit.
Can I transfer my limit to another bank's card?
No, credit limits are specific to the issuing bank and cannot be transferred to a card from a different institution.
How to Apply?
Applying for the IndianOil RBL Bank Credit Card is simple and can be done entirely online or offline.
To apply online, visit the official RBL Bank website or a trusted partner portal. You will need to fill in your personal details, employment information, and income figures. The bank will do a quick check of your CRIF score (which must be 720+).
If you pass the initial checks, you will move to the Video KYC stage. This is a crucial step. Make sure you are in a well-lit room with a stable internet connection. You will need to show your original PAN card and Aadhaar card to the bank agent on the video call. Remember, you must be within a 50 km radius of the address you provided on your application for the Video KYC to be successful.
Once the KYC is done, the bank will process your application. You can track your status using the application reference number provided to you via SMS or email.
View FAQ
Commonly Asked Questions
Where can I apply for this credit card?
You can apply through the official RBL Bank website or by visiting a local bank branch.
What is Video KYC and is it mandatory?
Video KYC is a digital verification process over a video call. It is highly recommended as it allows you to complete the application without visiting a branch.
What do I need for a successful Video KYC call?
Keep your original physical PAN card handy, ensure good lighting, and make sure you have a strong internet connection.
Are there location limits for Video KYC?
Yes, you must physically be within 50 km of the residential or office address you mentioned in your application during the call.
How can I track my application status?
You can use the Application ID you receive after submission to check your status on the RBL Bank website.
How long does the approval process take?
Once Video KYC is successful, the bank completes the final approval and card dispatch within 5 to 7 working days.
That’s the full story of this credit card
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Top Benefits
Apply and get ₹800 Rewards
Top Benefits
Get 6% Valueback at IndianOil fuel Stations
as 10 fuel points per ₹100 spent, capped at 1,000 fuel points per month
Get 1,000 Fuel Points on Spends Above ₹500
within 30 days of getting the card
The smartest way to find your great credit card
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We value your time and privacy. Your details stay secure and are used only to help you.