Credit Cards · Honest Review

IndianOil HDFC Bank Credit Card

HDFC Bank · RuPay

₹500Annual fee
0.13%Base rate
3.5%Forex markup
12KMin income/mo

Your Verdict

IndianOil HDFC Bank Credit Card
HDFC Bank · RuPay
  • 5% fuel points at IndianOil outlets, up to 50 litres of free fuel annually
  • 5% fuel points on groceries and bill payments (capped per category)
  • 1 fuel point per 150 on all other spends including UPI
  • Fuel surcharge waiver on top of reward points
  • Low-cost entry card for regular IndianOil customers
₹500/yrAnnual fee
₹500
Annual fee
0.13%
Base reward rate
None
Lounge access
700+
CIBIL score
The IndianOil HDFC Bank Credit Card is purpose-built for drivers who regularly fuel up at IndianOil outlets, offering meaningful fuel point accrual plus a fuel surcharge waiver at a very low annual fee. Its value drops sharply for anyone who doesn't fuel at IndianOil specifically, since other categories earn comparatively little.

What IndianOil HDFC Bank Credit Card costs you

IndianOil HDFC Bank Credit Card carries a ₹500 annual fee and a ₹500 one-time joining fee. The annual fee is waivable: Spend 50,000 or more in the first year.

FeeAmount
Annual fee (year 2+)₹500
Joining fee (one-time)₹500
Fee waiver conditionSpend 50,000 or more in the first year
Spend required for waiver50,000 / year
Foreign transaction fee (forex markup)3.5% per transaction

What you earn on every rupee spent

IndianOil HDFC Bank Credit Card earns 0.13% on all eligible spends as a base reward rate, with accelerated rates on fuel, groceries and other bonus categories listed below. Each reward point is worth ₹0.2 when redeemed, giving a clear rupee value for your earnings.

CategoryReward rate
All other spends (base rate)0.13%
Fuel5% (cap ₹250/mo)
🛒 Groceries5% (cap ₹100/mo)
5%
Fuel
Cap ₹250/mo
5%
Groceries
Cap ₹100/mo
Welcome bonus

Complimentary IndianOil XTRAREWARDS Program (IXRP) membership

Reward types: Cashback · Discounts

Beyond the reward rate

The non-reward benefits on IndianOil HDFC Bank Credit Card are meaningful for frequent users. Here is what you get with the card.

🛫
No lounge access
This card does not include airport lounge access.
Fuel surcharge waiver
1% fuel surcharge waiver on petrol pump transactions (standard terms apply).

Who can apply for IndianOil HDFC Bank Credit Card

IndianOil HDFC Bank Credit Card requires a minimum net monthly income of ₹12,000 for salaried applicants and a CIBIL score of 700 or above. It is open to salaried employees and self-employed professionals.

₹12,000
Min monthly income
700+
CIBIL score
2160
Age (years)
RequirementDetail
Minimum monthly income₹12,000
CIBIL score700+ (good to excellent)
Age range2160 years
Employment typeSalaried, Self-employed
Typical approval time5-7 working days

Salaried minimum monthly income 12,000; self-employed need ITR above 6 lakh per annum. Max age 65 for self-employed.

Who should (and shouldn't) get IndianOil HDFC Bank Credit Card

✅ Best for
  • Heavy spenders on fuel who want 5% back
  • Heavy spenders on groceries who want 5% back
  • Moderate spenders who can clear the fee waiver condition
⚠️ Not ideal for
  • Frequent flyers who need airport lounge access
  • International travelers — the 3.5% forex markup adds up quickly

IndianOil HDFC Bank Credit Card — Questions answered

What is the annual fee for IndianOil HDFC Bank Credit Card?
The annual fee is ₹500 from year 2 onwards, with a one-time joining fee of ₹500. The fee is waivable: Spend 50,000 or more in the first year.
What is the minimum income required for IndianOil HDFC Bank Credit Card?
Salaried applicants need a minimum net monthly income of ₹12,000 and a CIBIL score of at least 700. Self-employed applicants typically need equivalent annual income proof. Salaried minimum monthly income 12,000; self-employed need ITR above 6 lakh per annum. Max age 65 for self-employed.
What is the reward rate on IndianOil HDFC Bank Credit Card for fuel?
IndianOil HDFC Bank Credit Card earns 5% on fuel, capped at ₹250 per statement cycle. On all other spends, the base reward rate is 0.13%.
Does IndianOil HDFC Bank Credit Card provide airport lounge access?
IndianOil HDFC Bank Credit Card does not include airport lounge access as a standard benefit. If lounge access is a priority, consider upgrading to a premium variant or a dedicated travel card.
How do I get the annual fee waived on IndianOil HDFC Bank Credit Card?
The annual fee on IndianOil HDFC Bank Credit Card is automatically waived when you meet the spend threshold: Spend 50,000 or more in the first year. You do not need to call the bank — the waiver is applied to the next billing cycle once the condition is met.
How long does it take to get IndianOil HDFC Bank Credit Card approved?
Most applications for IndianOil HDFC Bank Credit Card are processed within 5-7 working days. Pre-approved customers may receive instant digital approval. Physical card delivery typically takes 3–5 business days after approval.
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Information on this page is gathered from public sources and the card issuer's official website. Fees and reward rates may change — verify the current terms on the issuer's website before applying. SingleVerdict may earn a referral fee if you apply through our links, which does not affect our scoring or editorial decisions.