RBL BankIndianOil RBL Bank Credit Card – Benefits, Fees & Eligibility
Is the IndianOil RBL Bank Credit Card Right for You?
The IndianOil RBL Bank Credit Card is best suited for users who prioritize Fuel. With a joining fee of ₹500 + GST and a renewal fee of ₹500 + GST, this card is positioned for cardholders who can maximize its benefits to justify the cost. It offers Reward Points as its primary reward mechanism, with a rewards rate of 10 Fuel Points per ₹100 on IndianOil fuel (5% savings); 1 Fuel Point per ₹100 on other spends..
Key Card Details
₹500 + GST
₹500 + GST
Reward Points
3.5%
10 Fuel Points per ₹100 on IndianOil fuel (5% savings); 1 Fuel Point per ₹100 on other spends.
2.5% to 3.99% Per Month
Notable Perks
Welcome Offer
1,000 Fuel Points.
Spend-Based Waiver
Waived on annual spend of ₹1.75 Lakh.
Fuel Surcharge Waiver
1% waiver.
Things to Consider
The reward rate for spending categories other than fuel is not high.
Monthly cap of 1,000 Fuel Points on IndianOil spends limits maximum savings.
Lacks premium benefits like lounge access, dining discounts, or travel perks.
Benefits & Features
Welcome Offer
1,000 Fuel Points.
Rewards Rate
10 Fuel Points per ₹100 on IndianOil fuel (5% savings); 1 Fuel Point per ₹100 on other spends.
Reward Type
Reward Points
Reward Redemption
Fuel Points redeemable at IndianOil Stations, each valued at ₹0.50.
Card Network
RuPay
UPI Enabled
Yes
Fees & Charges
Joining Fee
₹500 + GST
Renewal Fee
₹500 + GST
Spend-Based Waiver
Waived on annual spend of ₹1.75 Lakh.
Foreign Currency Markup
3.5%
Interest Rates
2.5% to 3.99% Per Month
Fuel Surcharge Waiver
1% waiver.
Cash Advance Charges
2.5% of the advanced amount or a minimum of ₹500, whichever is higher.
Rewards Redemption Fee
₹99 + GST
Pros & Cons
Pros
Key benefits and features of this card.
Offers a high reward rate specifically for fuel purchases made at IndianOil stations.
Provides significant annual savings of up to ₹6,000 on fuel expenditure.
An affordable, basic co-branded card suitable for first-time credit card users.
Comes on the RuPay network, enabling easy linkage with UPI applications for payments.
Cons
Key drawbacks and limitations of this card.
The reward rate for spending categories other than fuel is not high.
Monthly cap of 1,000 Fuel Points on IndianOil spends limits maximum savings.
Lacks premium benefits like lounge access, dining discounts, or travel perks.
Product Details
This is a dedicated fuel spends credit card, ideal for IndianOil customers.
Offers accelerated rewards of 10 Fuel Points for every ₹100 spent at IndianOil fuel stations.
The card is available on the RuPay network, supporting UPI transactions.
Provides a 1% fuel surcharge waiver on fuel transactions.
Cardholders earn 1 Fuel Point for every ₹100 on other eligible spends.
Maximum monthly earning of 1,000 Fuel Points at IndianOil outlets.
Benefits & Features
Welcome Offer
1,000 Fuel Points.
Rewards Rate
10 Fuel Points per ₹100 on IndianOil fuel (5% savings); 1 Fuel Point per ₹100 on other spends.
Reward Type
Reward Points
Reward Redemption
Fuel Points redeemable at IndianOil Stations, each valued at ₹0.50.
Card Network
RuPay
UPI Enabled
Yes
Compare IndianOil RBL Bank Credit Card
IndianOil RBL Bank Credit Card vs BPCL SBI Octane Credit Card
Discover which credit card, IndianOil RBL Bank Credit Card and BPCL SBI Octane Credit Card, is the perfect fit for your wallet. Compare rewards, fees, and benefits now!
IndianOil RBL Bank Credit Card vs ICICI Bank HPCL Super Saver Credit Card
Get the best of travel, shopping, and dining. Find out how IndianOil RBL Bank Credit Card and ICICI Bank HPCL Super Saver Credit Card stack up in our comprehensive review.
IndianOil RBL Bank Credit Card vs IndianOil HDFC Bank Credit Card
Choosing between IndianOil RBL Bank Credit Card and IndianOil HDFC Bank Credit Card? Our in-depth analysis helps you decide which card offers the best value for you.
IndianOil RBL Bank Credit Card vs BPCL SBI Octane Credit Card vs ICICI Bank HPCL Super Saver Credit Card
Elevate your spending power. A head-to-head comparison of IndianOil RBL Bank Credit Card, BPCL SBI Octane Credit Card, and ICICI Bank HPCL Super Saver Credit Card to help you make an informed decision.
IndianOil RBL Bank Credit Card vs BPCL SBI Octane Credit Card vs IndianOil HDFC Bank Credit Card
Unlock exclusive perks. We compare IndianOil RBL Bank Credit Card, BPCL SBI Octane Credit Card, and IndianOil HDFC Bank Credit Card to reveal which card gives you the most bang for your buck.
IndianOil RBL Bank Credit Card vs ICICI Bank HPCL Super Saver Credit Card vs IndianOil HDFC Bank Credit Card
Which card will conquer your wallet? Dive into our comparison of IndianOil RBL Bank Credit Card, ICICI Bank HPCL Super Saver Credit Card, and IndianOil HDFC Bank Credit Card to see which one comes out on top.
What matters, explained clearly
Introduction
The IndianOil RBL Bank Credit Card is a co-branded, entry-level credit card issued by RBL Bank in partnership with IndianOil. Available on the RuPay network, this card is primarily positioned for individuals who frequently purchase fuel at IndianOil outlets, offering a high reward rate of 5% on fuel spends and an additional 1% fuel surcharge waiver.
Welcome Benefits
- 1,000 Fuel Points.
Fees & Charges Breakdown
- Joining Fee: ₹500 + GST
- Renewal Fee: ₹500 + GST
- Annual Fee Waiver: The annual fee can be waived on spends of ₹1.75 Lakh in a year.
- Reward Redemption Fee: ₹99 + GST
- Foreign Currency Markup: 3.5%
- Interest Rates: 2.5% to 3.99% Per Month
- Fuel Surcharge Waiver: 1% waiver.
- Cash Advance Charges: 2.5% of the advanced amount or a minimum of ₹500, whichever is higher.
Rewards & Cashback Structure
- Earn 10 Fuel Points for every ₹100 spent at IndianOil Fuel Stations.
- Earn 1 Fuel Point for every ₹100 spent on other eligible purchases, including shopping.
- A maximum of 1,000 Fuel Points can be earned each month on spends at IndianOil outlets.
- Each Fuel Point is valued at ₹0.50 when redeemed at IndianOil Stations.
- The accelerated reward rate at IndianOil outlets translates to a 5% savings.
Credit Card Review
- Overall Verdict: This card is highly advantageous for individuals who frequently purchase fuel at IndianOil stations, offering significant savings on fuel expenditure. It is an affordable, basic co-branded card suitable even for those seeking their first fuel-focused credit card.
- Pros: Offers a high reward rate specifically for fuel purchases made at IndianOil stations.
- Cons: The reward rate for spending categories other than fuel is not high.
- Value: Cardholders can enjoy annual savings of up to ₹6,000 on fuel expenditure.
Important Product Details
- This is a dedicated fuel spends credit card.
- It offers accelerated rewards of 10 Fuel Points for every ₹100 spent at IndianOil fuel stations.
- For other eligible spends, cardholders earn 1 Fuel Point for every ₹100.
- The card is available on the RuPay network.
- It can be easily linked to various UPI applications for transactions.
Other Details
- The maximum monthly earning of 1,000 Fuel Points at IndianOil outlets offers a monthly saving of ₹500.
- The total savings on fuel, including the 5% reward rate and 1% fuel surcharge waiver, amounts to 6%.