IndianOil HDFC Bank Credit Card
HDFC Bank · Points/miles card · ₹500 annual fee
Fees & benefits
| Annual fee | ₹500 + GST — waived at ₹50,000/yr spend |
| Welcome benefit | None |
| Airport lounges | None |
| No rewards on | rent, wallet, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 5% Fuel Points at IndianOil | 5% | ₹250 | fuel |
| 5% Fuel Points on groceries/bill pay | 5% | ₹250 | grocery, utility |
| Base Fuel Point (1 per Rs.150) | 0.13% | Uncapped | all eligible spend |
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
5% as Fuel Points on IndianOil fuel and on groceries/bill payments, accelerated earn on up to Rs.5,000 spend per cycle each.
Welcome: complimentary IndianOil XTRAREWARDS membership.
Verified 2026-07-16 against independent official-source verification; reward-point rupee values are modeled (see est. tags).
Quick answers
Is the IndianOil HDFC Bank Credit Card lifetime free?
No, the annual fee is ₹500 (plus GST), waived on spending ₹50,000 a year.
What is the highest reward rate on the IndianOil HDFC Bank Credit Card?
5% — 5% Fuel Points at IndianOil. Effective value depends on monthly caps; see the caveats on this page.
Does the IndianOil HDFC Bank Credit Card give airport lounge access?
No, the IndianOil HDFC Bank Credit Card does not include airport lounge access.
Where the IndianOil HDFC Bank Credit Card fits
Ranks in our: Credit cards for fuel spend (#3).
Compare it: IndianOil HDFC Bank Credit Card vs BPCL SBI Card OCTANE · IndianOil HDFC Bank Credit Card vs IndianOil Axis Bank Credit Card.
Best cards by spend: ₹15,000/month · ₹30,000/month · ₹60,000/month. Check if this card's fee is worth it.