10 Best Fuel Credit Cards in India in 2020

Best Fuel Credit Cards

Automobiles have become an absolute necessity in today’s world and they run either on electricity or fossil fuel. Though electric vehicles have entered the market, they still have a long way to go to replace cars running on petrol and diesel. Those who travel by their own vehicle daily have to put aside a budget for fuel purchases every month. The rising fuel cost has surely caused a dent in the budgets of many households but looking for every possible way to cut this expense can come handy. Fuel credit cards are one such way that not only enable us to purchase fuel from any fuel station but also offer cashbacks and other benefits on fuel spend. Below are enlisted top 10 fuel credit cards with other benefits.

What is a Fuel Surcharge Waiver?

When a person makes the payment for fuel purchase using his credit card, a fee is levied on him for availing this service which is similar to the transaction charge. The fuel surcharge consists of the transaction fee and the service tax. It ranges between 1% and 3% of the cost of fuel.

If a person purchases fuel worth Rs. 500, he may have to make the payment in the range of Rs. 505 to Rs. 518. The additional amount is the fuel surcharge. Credit card companies waive off this fuel surcharge to promote the usage of credit cards and make it more incorporative.

Indian Oil Citi Credit Card

The Indian Oil Citi credit card is one of the most sought after fuel credit cards as it allows one to earn Turbo points on all purchases. These Turbo points can then be used at the time of refuelling where 1 Turbo point is equivalent to Rs. 1. The benefits of this card are mentioned in detail below:

  • One can earn 4 Turbo Points on Rs.150 of fuel purchases at authorized Indian Oil retail outlets
  • 2 Turbo Points are added on the purchase of Rs.150 at grocery and supermarkets
  • One gets 1 Turbo Point on every Rs.150 spent elsewhere like shopping, dining, etc.
  • Turbo Points can be redeemed at the petrol pump for fuel
  • Full waiver of the fuel surcharge (1%) on fuel purchases

Standard Chartered Super Value Titanium Card

Standard Chartered Super Value Titanium credit card is one such fuel credit card that enables a cardholder to earn amazing cashback not only on fuel but also on other purchases made using the card. The points mentioned below showcases the important aspects of Standard Chartered Super Value Titanium Card:

  • The cardholder earns 5% cashback on fuel spends at all petrol pumps up to Rs. 200 every month
  • 5% cashback is provided on all telephone bill payments up to Rs. 200 every month
  • One also gets 5% cashback on utility spends up to a maximum of Rs. 100 every month
  • One can also opt for supplementary lifetime free credit card for family members
  • One earns 1 reward point on other spends for every Rs 150 spent

HDFC Regalia Credit Card

HDFC Regalia credit card is one of the premium credit cards offered by HDFC Bank. One of the best in its category, this card allows one to save a substantial amount on fuel surcharge every month. The cardholder gets a lot of other benefits as well that are mentioned below:

  • 1% fuel surcharge waiver at all fuel stations
  • One can save up to Rs. 500 on fuel surcharge every month
  • Priority Pass Membership allows the cardholder to get complimentary Airport Lounge access
  • One earns 4 reward points on every Rs. 150 spent
  • The cardholder also gets a complimentary Zomato Gold membership

IndusInd Bank Platinum Aura Credit Card

IndusInd Bank Platinum Aura credit card is one of the premium cards offered by IndusInd Bank. One can avail a number of benefits on this card which includes fuel surcharge waiver, dining, travel, concierge, etc. The benefits of this card are mentioned below:

  • 1% fuel surcharge waiver at all petrol pumps across India
  • One also gets 24×7 auto assist facility such as roadside repair, emergency fuel requirement, flat tyre, emergency towing, etc.
  • Welcome benefits such as MakeMyTrip gift card, EazyDiner gift voucher, etc.
  • One can get 4 reward points on spending Rs. 100 at departmental stores
  • The card comes with Platinum Aura Assurance under which one gets complete cover against fraudulent transactions or counterfeit cards

HDFC Moneyback Credit Card

HDFC Moneyback credit card is one of the most popular credit cards offered by the bank. One can earn cashback on everyday spends using this card. HDFC Moneyback also allows you to get the fuel surcharge waiver at all petrol pumps. The benefits of this card are mentioned below:

  • 1% fuel surcharge waiver at all fuel stations up to Rs. 250 every month
  • One can earn 2 reward points on spend of Rs. 150
  • 2X reward points are provided in case of online spends
  • Free accidental coverage up to Rs. 50 Lakh if 4 transactions are done every month using the credit card
  • The cardholder gets Rs. 500 gift voucher on spending Rs. 50,000 in a Quarter

SimplySave SBI Card

SBI SimplySave credit card allows you to get privileges at most of the stores and while shopping online. One also gets the facility of 1% fuel surcharge waiver on fuel spends at all petrol pumps. Benefits of this card are mentioned below:

  • 1% fuel surcharge at all fuel stations on purchases of Rs. 500 to Rs. 3000 up to a maximum of Rs. 100 per month
  • Annual fee reversal if Rs. 1 Lakh or more is spent during the previous year
  • 10 Reward points are offered on every Rs. 100 spent on dining, movies, grocery, etc.
  • Facility to get add-on cards issued for parents, spouse, siblings and children
  • The card is accepted worldwide across 24 million outlets across the globe

Kotak Delight Platinum Credit Card

Kotak Delight Platinum credit card is one of those cards that provide a number of benefits for the cardholder, be it shopping, dining, travel or other services. The card offers fuel surcharge waiver at all fuel stations across India. The benefits of this card are mentioned below:

  • Complete fuel surcharge waiver at all petrol pumps on transactions between Rs. 400 and Rs. 4000 up to a maximum of Rs. 4500 in a calendar year
  • Complete railway surcharge waiver on IRCTC website up to a maximum of Rs. 500
  • The cardholder can get a cashback of 10% on dining and movies spends
  • Enabled with Visa PayWave, one can make the payment of up to Rs. 2,000 without swiping the card
  • The cardholder can also get an add-on card issued for his family members

RBL Platinum Delight Credit Card

RBL Platinum Delight credit card is one of the premium credit cards that allows the cardholder to earn huge reward points and get fuel surcharge waiver on fuel stations. The benefits of this card are mentioned below:

  • Fuel surcharge waiver at all petrol pumps up to a maximum of Rs. 150 on spends between Rs. 500 and Rs. 4,000
  • One can get 4000 reward points on swiping the card within 60 days of issuance as a welcome bonus
  • The cardholder earns 2 reward points on every Rs. 100 spent
  • The cardholder gets 4 reward points on spending every Rs. 100 on weekends
  • For 5 transactions done by swiping the credit card 5 times every month, one can earn 1000 bonus reward points

ICICI Bank Coral Contactless Card

ICICI Bank Coral Contactless card is one of the premium credit cards provided by ICICI Bank. It provides 1% fuel surcharge waiver at all HPCL petrol pumps when transactions are carried out using the ICICI merchant POS machines. The benefits of this card are mentioned below:

  • The cardholder gets 1% fuel surcharge waiver on all HPCL petrol pumps on spends up to a maximum of Rs. 4000
  • Up to 2 free tickets every month at BookMyShow
  • 1 complimentary airport lounge visit and 1 railway lounge visit every quarter
  • One gets 2 reward points on every Rs. 100 spent (except fuel)
  • To make payments below Rs. 2,000, just tap on the POS machine. You don’t have to enter the credit card PIN

HSBC Platinum Credit Card

This lifetime free credit card allows the cardholder to avail a number of benefits. This card also offers fuel surcharge waiver at all fuel stations across India. The benefits of this card are mentioned below:

  • Complete fuel surcharge waiver at all fuel stations up to a maximum of Rs. 250 on spends ranging from Rs. 400 to Rs. 4,000
  • Nil joining and annual fee
  • One can get his credit card cancelled and an additional HSBC Platinum credit card delivered anywhere in the world within 3 working days in case of loss of the card
  • Zero liability of transactions made after reporting loss of card up to a maximum of Rs. 3,00,000
  • One can get introductory benefits of up to Rs. 4,500 and 50% off on transactions made on Swiggy
 

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