Indian Oil HDFC Bank Credit Card :
For Salaried Indian National:
- Age: Min 21 years to Max 60 Years,
- Net Monthly Income> Rs 12,000
For Self Employed Indian National:
- Age: Min 21 years & Max 65 Years
- Annual Income: ITR > Rs 6 Lakhs per annum
- FEES & CHARGES
- Joining/Renewal Membership Fee – Rs. 500/- plus Applicable Taxes
- Click here to view details of your IndianOil HDFC Bank Credit Card fees and charges.
For card sourced effective 01-11- 2020, Below T&Cs are applicable
1. The Bank reserves the right to cancel the Card in case the Card remains inactive and is not used for effecting any transaction for a continuous period of 6 (Six) months after prior written notice sent on the email address and/or phone number and/or communication address, registered in the records of the Bank.
1% Fee on transaction amount will be levied on rental transactions done on any applicable merchant for the month. Fee capped at Rs 3000 per transaction, effective 1st August 2024.
3.5% Mark-Up fee will be applicable on all International / Cross currency transaction
Indian Oil HDFC Bank Credit Card : Reward Type
Fuel Points
Key Features- Earn up to 50 Litres of Free fuel annually
- Earn 5% of your spends as Fuel Points at IndianOil outlets (Applicable on card swipes, Max 250 Fuel Points per month in first 6 months, Max 150 Fuel Points post 6 months from card issuance)
- Earn 5% of your spends as Fuel Points on Groceries and Bill Payments (applicable on POS and Ecomm transactions) (Max 100 Fuel Points per month on each category)
- Earn 1 Fuel Point for every ₹150 spent on all other purchases (including UPI transactions).
- Complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership
- Revolving Credit : Enjoy Revolving Credit on your IndianOil HDFC Bank Credit Card at nominal interest rate. Please refer to the Fees and Charges section.
- Zero Lost card liability : In the unfortunate event of you losing your IndianOil HDFC Bank Credit Card, report it immediately to our 24-hour call centre. After reporting the loss, you have zero liability on any fraudulent transactions made on your Credit Card.
- Interest Free Credit Period : Up to 50 days of interest free period on your IndianOil HDFC Bank Credit Card from the date of purchase (subject to the submission of the charge by the Merchant)
Fuel Surcharge Waiver
1% Fuel Surcharge waiver at all fuel stations across India
(on minimum transaction of ₹400. Max CashBack of ₹250 per statement cycle)
Renewal Offer
Spend ₹50,000 and above in the first year and get a waiver on the renewal membership fee
Smart EMI
IndianOil HDFC Bank Credit Card comes with an option to convert your big spends into EMI after purchase.
Contactless Payment
- The IndianOil HDFC Bank Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets.
- To see if your credit card is contactless, look for the contactless network symbol on your card(Please note that in India, payment through contactless mode is allowed for a maximum of ₹5000 for a single transaction where you are not asked to input your Credit Card PIN. However, if the amount is higher than or equal to ₹5000, the Card holder has to enter the Credit Card PIN for security reasons)
Reward Point/CashBack Redemption & Validity
Fuel Points Accrual :
- Fuel Point is an exclusive Rewards metric system created only for IndianOil HDFC Bank Credit Card holders.
- Earn Fuel Points on retail spends with the IndianOil HDFC Bank Credit Card
- Earn accelerated 5% Fuel Points on spends at IndianOil outlets, Groceries and Bill payments.(Accelerated 5% Fuel Points benefit will be given only for fuel transactions on IndianOil Retail Outlets.)
Fuel Point Redemption :
- Redeem Fuel Points for Free Fuel using the complimentary IndianOil XTRAREWARDSTM Program (IXRP) membership. Redemption at participating IndianOil Petrol Outlet by converting Fuel Points into XRP (where 1 FP = 96 Paise).
To locate your nearest IndianOil Petrol Outlet.
- Redeem Fuel Points through NetBanking towards catalogue products (where 1 FP = upto 20 paise)
- Redeem Fuel Points as CashBack on your IndianOil HDFC Bank Credit Card. (Cashback Redemption against Statement balance where 1 FP = 20 Paise)
| Cost per Point (in Rs.) | IOCL Fuel Points (in Rs.) | |
| Product Catalogue | Cash back | |
| Upto 0.20 | 0.20 | 1 Fuel Point = 3 XtraRewards Point (XRP) 1 XRP = 0.32 1 Fuel Point = 0.96 |
Fuel Points Validity:
- Fuel Points are valid for a period of 2 years.
- Redemption of Reward Points to Cashback and Travel categories will be capped at 50,000 points per month per customer
- Accrual of Reward Points on Grocery Spends will be capped at 100 points per month per customer
- There will be no Reward Points accrual on Spends made on Rental and Government category payments
- Points + Pay – A maximum of 70% can be paid using Reward Points and the other 30% to be made by payment modes(Cash/Cards/UPI etc.)