Best Fuel Credit Cards in India 2026: Matched to Your Pump Brand
The best fuel card is the one that matches your pump: at ₹6,000 of fuel a month, BPCL SBI Card OCTANE returns about ₹6,000 a year at BPCL with its fee reversed, IndianOil RBL Bank XTRA leads at IndianOil with ₹5,580 after its fee, and IDFC FIRST Power+ leads at HPCL with ₹4,800. Monthly caps and new 1% fuel fees decide more than the headline rates.
In short
Choose by pump brand: BPCL SBI Card OCTANE for BPCL, IndianOil RBL Bank XTRA or IndianOil Kotak for IndianOil, and IDFC FIRST Power+ or ICICI HPCL Super Saver for HPCL.
Best for
- Drivers who fill up at the same oil company's pumps every week
- People spending ₹3,000 to ₹12,000 a month on fuel
- First-time applicants, since several fuel cards have low published income floors
Skip it if
- You fill up wherever is nearest, across brands
- You pay for fuel by UPI, which several of these cards do not reward at the fuel rate
Highlights
- BPCL SBI Card OCTANE: 25 points per ₹100 at BPCL, up to 2,500 points a cycle
- IndianOil RBL Bank XTRA: 15 fuel points per ₹100, worth 7.5% at IndianOil pumps
- IDFC FIRST Power+: 5% at HPCL on up to ₹12,000 a cycle
- SBI Card adds a 1% fee on fuel above ₹50,000 a cycle from 1 December 2026
- Figures checked on 5 November 2026
The cards on this page
| Card | Fees | Headline reward | Best for |
|---|---|---|---|
| BPCL SBI Card OCTANE SBI Card | ₹1,499 + GST joining and annual | 6.25% value on BPCL fuel and lubricants at BPCL pumps | Fuel, Reward points, Dining and food delivery |
| IndianOil RBL Bank XTRA Credit Card RBL Bank | ₹1,500 + GST joining and annual | 7.5% value on fuel at select IndianOil fuel stations | Fuel |
| FIRST Power+ Credit Card IDFC FIRST Bank | ₹499 + GST joining and annual | 6.675% value on hotel bookings via 'FIRST Rewards Gallery' in the app | Fuel, Groceries, Reward points |
| IndianOil Kotak Credit Card Kotak Mahindra Bank (Kotak) | ₹449 + GST joining and annual | 4% value on indianOil fuel pump spends | Fuel, Dining and food delivery, Groceries |
| ICICI Bank HPCL Super Saver Credit Card ICICI Bank | ₹500 + GST joining and annual | 5% value on utilities and departmental stores | Fuel, Groceries, Cashback |
| IndianOil HDFC Bank Credit Card HDFC Bank | ₹500 + GST joining and annual | 5% value on indianOil fuel pumps and outlets | Fuel, Reward points, Groceries |
| HPCL ENERGIE BOBCARD BOBCARD | ₹499 + GST joining and annual | 4% value on fuel at eligible HPCL outlets, LPG purchases and HP Pay app fuel... | Fuel |
| BPCL SBI Card SBI Card | ₹499 + GST joining and annual | 3.25% value on BPCL fuel at BPCL petrol pumps | Fuel, First card, UPI payments (RuPay) |
| IndianOil Axis Bank Credit Card Axis Bank | ₹500 + GST joining and annual | 4% value on fuel at IndianOil outlets | Fuel, UPI payments (RuPay) |
Which fuel card pays most
It depend first on the pump you use. At ₹6,000 of fuel a month, BPCL SBI Card OCTANE gives the most back in our data for BPCL pumps, about ₹6,000 a year with its fee reversed, the IndianOil RBL Bank XTRA card leads at IndianOil pumps with ₹5,580 after its fee, and IDFC FIRST Power+ leads at HPCL with ₹4,800.
How we judged them
Every fuel co-brand in our data that was taking applications on 5 November 2026 went through the same test. A fuel card is only as good as its monthly cap, so the cap counted as much as the rate.
- Fuel return: points or cashback at the partner pumps, valued at the bank's own rupee figure for the best fuel redemption.
- Cap: the monthly or per-cycle limit, and the fuel spend where it bites.
- Surcharge waiver: pumps add a surcharge, typically 1%, to card payments; a waiver refunds it up to a cap, but not the GST on it.
- Fee and waiver: what a ₹2.4 lakh a year spender actually pay.
- New fuel fees: the 1% charges several banks now add above a monthly fuel amount.
Our sources are the banks' card pages, MITCs and notices as read on 5 November 2026. BankCreds takes no money from banks for these picks, the list is ours alone. The IndusInd Jio-bp Mobility+ card is left out of the ranking only because IndusInd does not publish what a Smile is worth in rupees.
Nine fuel cards, grouped by pump brand
Pick the group for the pump nearest your home first. A card from the wrong oil company earn you little or nothing on fuel.
IndianOil pumps
- IndianOil RBL Bank XTRA: 15 fuel points per ₹100 at listed IndianOil stations, worth ₹0.50 each when redeemed at an IndianOil pump, so 7.5%, up to 2,000 points a month. It costs ₹1,500 plus GST, charged as an annual fee from the first year, and is waived only at ₹2.75 lakh of yearly spend. Deciding figure: the highest fuel rate and cap in this list.
- IndianOil Kotak: 4% back as points at IndianOil, capped at 1,200 points (₹300) a statement cycle, and 2% on grocery and dining. ₹449 a year, waived on ₹50,000 of spends, and Kotak is not charging any fuel transaction fee on this card at all.
- IndianOil HDFC Bank: 5% as Fuel Points at IndianOil and 5% on groceries and bills, but the fuel cap fall from 250 to 150 Fuel Points a month after the first 6 months. A point is ₹0.96 only as free fuel through IndianOil XTRAREWARDS. ₹500, waived on ₹50,000.
- IndianOil Axis Bank: 20 points per ₹100 (4%) on IndianOil fuel up to ₹5,000 a month, and the refund of surcharge is just ₹50 a cycle. ₹500 a year, waived only at ₹3.5 lakh.
BPCL pumps
- BPCL SBI Card OCTANE: 25 points per ₹100 at BPCL, 6.25% at ₹0.25 a point, up to 2,500 points a cycle, plus 10 points per ₹100 on groceries, dining and movies. ₹1,499 plus taxes, reversed at ₹2 lakh of yearly spend. Deciding figure: 2,500 points at ₹0.25 is ₹625 a month of fuel value at the cap.
- BPCL SBI Card: the more cheap sibling, 13 points per ₹100 at BPCL (3.25%) up to 1,300 a cycle. ₹499, reversed at ₹1 lakh since 1 May 2026 (it was ₹50,000 before).
HPCL pumps
- IDFC FIRST Power+: 5% at HPCL on up to ₹12,000 of fuel a statement cycle, and 5% on up to ₹2,000 of grocery and utility spends. There is no surcharge waiver, so the 1% surcharge stay with you. ₹499, reversed at ₹1.5 lakh.
- ICICI HPCL Super Saver: 4% cashback at HPCL pumps and the HP Pay app, capped at ₹200 a month, plus a 1% surcharge waiver on ₹400 to ₹4,000 fills. ₹500, waived at ₹1.5 lakh. Deciding figure is the ₹200 cap, which you reaches at ₹5,000 of fuel.
- HPCL ENERGIE BOBCARD: 24 points per ₹150 at listed HPCL outlets, 4% at ₹0.25 a point, up to 1,000 points a statement. ₹499 joining and annual fee (BOBCARD's ₹0 joining is a limited-period offer only), with the annual fee waived on ₹50,000 of non-UPI spends.
₹6,000 of fuel a month through every card
Our driver fill up three times a month for ₹2,000 each, so ₹6,000 of fuel, always by swiping the card at that card's own brand of pump. They also spend ₹4,000 at a supermarket and ₹10,000 on other things that earn only the base rate. That's ₹20,000 a month, or ₹2.4 lakh a year. Every fill carries a 1% surcharge, ₹60 a month; where a waiver refunds it in full we show nothing lost.
- BPCL SBI Card OCTANE: 25 points per ₹100 on ₹6,000 is 1,500 points, ₹375. Groceries at 10 per ₹100 give 400 points, ₹100, and the ₹10,000 at 1 per ₹100 gives 100 points, ₹25. ₹500 a month is ₹6,000 a year; the ₹60 surcharge is refunded within the ₹100 cap, and ₹2.4 lakh passes the ₹2 lakh fee reversal.
- IndianOil RBL Bank XTRA: 15 points per ₹100 on ₹6,000 is 900 points, ₹450 at the pump. The other ₹14,000 (₹4,000 plus ₹10,000) at 2 per ₹100 is 280 points, ₹140. ₹590 a month makes ₹7,080 a year. The ₹1,500 fee stays because ₹2.4 lakh is below ₹2.75 lakh, so ₹5,580 net.
- IDFC FIRST Power+: 5% of ₹6,000 is ₹300. On groceries, 5% covers only the first ₹2,000, so ₹100, and the other ₹2,000 plus ₹10,000 earn 0.5%, ₹60. ₹460 a month is ₹5,520 a year, but with no waiver the ₹60 surcharge cost ₹720 a year, leaving ₹4,800. The fee is reversed.
- IndianOil Kotak: 4% of ₹6,000 is ₹240, 2% of ₹4,000 is ₹80 and 0.5% of ₹10,000 is ₹50, at the catalogue value of 25 paise. ₹370 a month, ₹4,440 a year, surcharge refunded and fee waived.
- ICICI HPCL Super Saver: 4% of ₹6,000 is ₹240, cut to the ₹200 cap. Groceries earn 20 points per ₹100 but stop at 400 points a cycle, about ₹100 at the 25 paise ICICI's own '5%' wording implies, and the ₹10,000 at 2 per ₹100 gives 200 points, about ₹50. Around ₹350 a month, ₹4,200 a year, fee waived.
- IndianOil HDFC Bank: 5% of ₹6,000 is 300 Fuel Points, cut to the 150 cap after month six, worth ₹144 as free fuel. 5% of ₹4,000 is 200, cut to 100, so ₹96. ₹10,000 at 1 point per ₹150 is about 67 points, about ₹64. That's ₹304 a month and ₹3,648 a year, surcharge refunded, fee waived.
- HPCL ENERGIE BOBCARD: 4% of ₹6,000 is 960 points, ₹240. Supermarkets are on BOBCARD's excluded list, so the ₹4,000 earn nothing. ₹10,000 at 2 points per ₹150 is about ₹33. About ₹273 a month, about ₹3,280 a year, fee waived.
- BPCL SBI Card: 13 per ₹100 on ₹6,000 is 780 points, ₹195; groceries at 5 per ₹100 give ₹50 and the rest ₹25. ₹270 a month, ₹3,240 a year, fee reversed.
- IndianOil Axis Bank: 20 per ₹100 counts only on the first ₹5,000, so 1,000 points, ₹200, and the last ₹1,000 of fuel earns nothing. ₹14,000 at 1 per ₹100 is 140 points, ₹28. ₹228 a month is ₹2,736 a year. The surcharge refund stops at ₹50, so ₹10 a month, ₹120 a year, is lost, and the ₹500 fee stays: ₹2,116 net.
| Card | Pump brand | Rewards a year | Surcharge not refunded | Fee at ₹2.4 lakh a year | Net a year |
|---|---|---|---|---|---|
| BPCL SBI Card OCTANE | BPCL | ₹6,000 | Nil | Reversed | ₹6,000 |
| IndianOil RBL Bank XTRA | IndianOil | ₹7,080 | Nil | ₹1,500 | ₹5,580 |
| IDFC FIRST Power+ | HPCL | ₹5,520 | ₹720 | Reversed | ₹4,800 |
| IndianOil Kotak | IndianOil | ₹4,440 | Nil | Waived | ₹4,440 |
| ICICI HPCL Super Saver | HPCL | ₹4,200 | Nil | Waived | ₹4,200 |
| IndianOil HDFC Bank | IndianOil | ₹3,648 | Nil | Waived | ₹3,648 |
| HPCL ENERGIE BOBCARD | HPCL | About ₹3,280 | Nil | Waived | About ₹3,280 |
| BPCL SBI Card | BPCL | ₹3,240 | Nil | Reversed | ₹3,240 |
| IndianOil Axis Bank | IndianOil | ₹2,736 | ₹120 | ₹500 | ₹2,116 |
Fees are before GST, and banks such as Axis say plainly that the GST on the surcharge is not refunded. Welcome points are not counted. One honest note: the RBL card climb to ₹7,080 net if you cross ₹2.75 lakh a year, which is just ₹35,000 more than our driver.
The fine print on fuel cards
The new 1% fuel fees
Banks have started charging a fee when fuel spends get large. It matter mainly for taxi owners and families with two cars, but check the line before you put a big fill on the card.
| Card | When a 1% fuel fee applies |
|---|---|
| BPCL SBI Card OCTANE and BPCL SBI Card | Total fuel above ₹50,000 in a billing cycle, from 1 Dec 2026 |
| ICICI HPCL Super Saver | Fuel transactions above ₹10,000 |
| IndianOil HDFC Bank | A single fuel transaction above ₹15,000, capped at ₹4,999 |
| IndianOil Axis Bank | Fuel of ₹50,000 or more in a statement cycle |
| IDFC FIRST Power+ | Fuel above ₹30,000 in a statement cycle |
| IndianOil RBL Bank XTRA | Each fuel or auto transaction above ₹10,000, up to ₹3,000 |
| IndianOil Kotak | No fuel fee |
| HPCL ENERGIE BOBCARD | BOBCARD's ₹10,000 fuel fee does not apply to this card |
- UPI at the pump. On both BPCL SBI cards, fuel paid through UPI with the RuPay card earn no points and no waiver. Kotak's surcharge waiver also skips UPI, and its UPI spends earn only 0.5%. Swipe or tap the card.
- Only listed pumps count. BOBCARD limit its HPCL rewards to outlets on HPCL's merchant list since 15 July 2026, IDFC FIRST pays only at HPCL stations whose merchant IDs HPCL has shared, and RBL pays only at select IndianOil stations. A new pump on the highway may not be on the list.
- Transaction ranges for the waiver. The refund works only inside a range per fill: up to ₹4,000 on the SBI cards, ₹400 to ₹4,000 on Axis and ICICI, ₹500 to ₹4,000 on RBL, ₹400 to ₹5,000 on HDFC and BOBCARD, ₹100 to ₹5,000 on Kotak. A ₹4,500 fill on an SBI card gets no refund, so two smaller fills is better.
- Point values depend on how you redeem. HDFC's 96 paise is only for free fuel through XTRAREWARDS, in lots of 500 points; as cashback a point is 20 paise with a ₹50 fee. RBL's fuel point is ₹0.50 at an IndianOil pump but ₹0.10 on its rewards portal. Kotak gives 25 paise on its catalogue and 20 paise as cashback.
- Caps that shrink. The HDFC card's fuel cap drop to 150 points a month after six months, and Axis pays nothing on fuel above ₹5,000 a month.
- Points expire. About 24 months on the SBI cards and RBL, 2 years on HDFC and BOBCARD, and BOBCARD points also lapse if the card is unused for 365 days.
Matching a fuel card to your driving
Once you know your pump brand, your monthly fuel bill decide the rest. This table shows the fuel spend at which each card stop paying more:
| Card | Fuel reward stops growing at | How we got it |
|---|---|---|
| IndianOil HDFC Bank | ₹3,000 a month after month six | 150 Fuel Points at 5% |
| IndianOil Axis Bank | ₹5,000 a month | Stated limit |
| ICICI HPCL Super Saver | ₹5,000 a month | ₹200 cap at 4% |
| HPCL ENERGIE BOBCARD | ₹6,250 a statement | 1,000 points at 24 per ₹150 |
| IndianOil Kotak | ₹7,500 a cycle | 1,200 points at 24 per ₹150 |
| BPCL SBI Card OCTANE | ₹10,000 a cycle | 2,500 points at 25 per ₹100 |
| BPCL SBI Card | ₹10,000 a cycle | 1,300 points at 13 per ₹100 |
| IDFC FIRST Power+ | ₹12,000 a cycle | Stated limit |
| IndianOil RBL Bank XTRA | About ₹13,333 a month | 2,000 points at 15 per ₹100 |
- Scooter or small car, ₹3,000 of fuel a month: a card of ₹449 to ₹500 is enough. IndianOil HDFC Bank or IndianOil Kotak at IndianOil, ICICI HPCL Super Saver at HPCL, BPCL SBI Card at BPCL. All four drop their fee at modest yearly spends.
- Daily commute, ₹6,000 to ₹10,000 a month: BPCL SBI Card OCTANE if a BPCL pump is near you, IndianOil RBL Bank XTRA for IndianOil, IDFC FIRST Power+ for HPCL. These three have caps high enough for this driving.
- Above ₹12,000 a month: only the RBL card keep paying at the full rate up to about ₹13,333, and watch the 1% fuel fees in the catches tab.
- You don't care which pump: a fuel co-brand is not the right fit to you. A general card with a fuel waiver, or a cashback card, may suit better; our fuel cards explainer show how waivers work across brands.
Close between two? See OCTANE vs HPCL Super Saver and HDFC vs Axis IndianOil.
Eligibility for fuel cards
Fuel co-brand are mostly entry-level cards, and several have the lowest published income floors in our data. RBI do not set any minimum; each bank decides after checking your own means and other card limits.
- IndianOil HDFC Bank: 21 to 60, gross monthly income above ₹12,000 if salaried or an ITR above ₹6 lakh if self-employed.
- ICICI HPCL Super Saver: 21 to 65, ₹20,000 a month salaried or ₹2,40,000 a year self-employed.
- IDFC FIRST Power+: ₹3 lakh a year; at least 21 if salaried, 25 if self-employed.
- HPCL ENERGIE BOBCARD: 21 to 60, ₹3.6 lakh a year salaried (₹3 lakh for Bank of Baroda customers).
- IndianOil RBL Bank XTRA: 21 to 70; RBL does not publish an income figure.
- IndianOil Axis Bank: 18 to 70; no card income figure published.
- BPCL SBI cards: no minimum income published; minimum age 21, maximum given as 60 in one place and 70 in another.
- IndianOil Kotak: no age or income rule on the card page.
If your income is on the low side, our low salary guide covers the routes that fit. Approval is always the bank's decision, and a bank that reject you must give the reasons in writing.
Pros and cons
Pros
- Fuel co-brands return 3.25% to 7.5% at their partner pumps before caps
- Most charge ₹449 to ₹500 a year and drop the fee at ₹50,000 to ₹1.5 lakh of yearly spend
- A 1% surcharge waiver on most picks cancels the pump surcharge, up to each card's cap
- Low published income floors, from ₹12,000 a month on IndianOil HDFC Bank
Cons
- The fuel rate works only at one oil company's pumps, and some only at listed outlets
- Caps stop the fuel reward between ₹3,000 and about ₹13,333 of monthly fuel
- GST on the surcharge is not refunded on cards such as IndianOil Axis Bank, and IDFC FIRST Power+ has no waiver at all
- Several banks now charge 1% on fuel above a threshold, SBI Card from 1 December 2026
Frequently asked questions
Which is the best fuel credit card in India in 2026?
It depends on your pump. At ₹6,000 of fuel a month, BPCL SBI Card OCTANE returns about ₹6,000 a year at BPCL with its fee reversed, IndianOil RBL Bank XTRA nets ₹5,580 at IndianOil after its ₹1,500 fee, and IDFC FIRST Power+ nets ₹4,800 at HPCL. A card from another oil company earns little on fuel.
What is a fuel surcharge waiver?
Petrol pumps add a surcharge, typically 1%, when you pay by card. A waiver refunds that surcharge within a range per transaction and up to a monthly cap, for example up to ₹100 a cycle on BPCL SBI Card OCTANE. Banks such as Axis say the GST charged on the surcharge is not refunded.
Do fuel credit cards give rewards on UPI payments at the pump?
Often not. On both BPCL SBI cards, fuel paid by UPI with the RuPay card earns no points and gets no surcharge waiver. IndianOil Kotak's waiver also excludes UPI, and its UPI spends earn only 0.5%. To get the fuel rate, swipe or tap the card at the pump.
Which banks charge a 1% fee on fuel spends?
Which fuel card has the lowest income requirement?
Among our picks, IndianOil HDFC Bank publishes the lowest floor: gross monthly income above ₹12,000 for salaried applicants, aged 21 to 60. ICICI HPCL Super Saver asks ₹20,000 a month and IDFC FIRST Power+ ₹3 lakh a year. SBI Card publishes no minimum income. Approval remains the bank's decision.
Why does the IndianOil HDFC Bank card earn less after six months?
Its fuel rate of 5% as Fuel Points is capped at 250 points a month for the first 6 months and 150 points a month after that. At 5%, 150 points cover only ₹3,000 of fuel, so heavier drivers earn nothing extra above that. Each point is worth ₹0.96 only when redeemed as free fuel.
Related
- Fuel Credit Cards Explained: Surcharge Waivers, Caps and Real Value
- BPCL SBI Card OCTANE vs ICICI HPCL Super Saver: Which Fuel Card Pays?
- IndianOil HDFC Bank vs IndianOil Axis Bank: Same Pump, Two Different Deals
- BPCL SBI Card OCTANE Review: 25 Points per ₹100 on BPCL Fuel
- SBI Card Credit Cards 2026: Caps, Fees and the Card That Fits You
- Credit Cards in India 2026: Choose by Spend, Know the Costs and Rules
Sources
- SBI Cards and Payment Services Ltd: Most Important Terms & Conditions (PDF 'MITC- Common-30OCT26', Ver FY 27, 16); BPCL SBI Card OCTANE T&C booklet
- RBL Bank: Schedule of Charges (RBL-CC-SOC-V2-04-06-2026)
- IDFC FIRST Bank: Most Important Terms & Conditions - Credit Cards (MITC and Schedule of Charges)
- Kotak Mahindra Bank: Most Important Terms & Conditions and Cardholder Agreement, Retail Cards (English)
- ICICI Bank Limited: Most Important Terms and Conditions (MITC), credit cards
- HDFC Bank: Part I Key Fact Statement cum Most Important Terms and Conditions (MITC), English, Version 4.18
- BOBCARD Limited: Key Fact Statement (KFS), dated 17 Jul 2026
- Axis Bank: INDIAN OIL AXIS BANK CREDIT CARD Terms and Conditions
- Business Today: New rules for Axis Bank credit cards valid from December 20
Last verified: 5 November 2026
Written by Abhishek Kumar, reviewed by BankCreds Financial Experts
BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.