ICICI Bank Platinum Chip Credit Card VS IndianOil RBL Bank XTRA Credit Card
ICICI Bank Platinum Chip is free with general everyday rewards and an HPCL fuel waiver, aimed at broad-based spending rather than fuel maximisation. IndianOil RBL Bank XTRA charges a steep ₹1,500 + GST but earns a genuine 7.5% reward rate at IndianOil pumps - worth it only for high-volume IndianOil loyalists. Unless you're consistently filling up at IndianOil in large amounts, Platinum Chip's zero cost makes it the more sensible everyday card; XTRA only earns back its fee through heavy, dedicated fuel spend.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
ICICI Bank Platinum Chip Credit Card
IndianOil RBL Bank XTRA Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
The ICICI Bank Platinum Chip Credit Card is lifetime free with no joining or annual fees.
Earns valuable reward points on everyday retail, utility, and insurance expenditures.
Enjoy significant savings with up to 15% discount on dining via the Culinary Treats Programme.
Benefit from a 1% fuel surcharge waiver at HPCL pumps for transactions between ₹400 and ₹4,000.
Conveniently convert your large purchases into easy and manageable EMI options.
Pros
Key benefits and features.
Offers a high return of 7.5% on fuel purchases, a competitive rate among fuel cards.
Combined with the fuel surcharge waiver, total savings reach 8.5% on fuel.
Welcome benefits provide 3,000 Fuel Points, equivalent to ₹1,500 value.
Milestone rewards offer additional Fuel Points on achieving quarterly spend targets.
Cons
Key drawbacks and limitations.
A redemption fee of ₹99 + GST is applicable for each reward point redemption request.
The card levies a relatively high foreign currency markup fee of 3.5% on international transactions.
High interest rates of 3.75% per month apply to overdue amounts and cash advances.
Significant cash advance fees are charged, which can be costly for emergency withdrawals.
Cons
Key drawbacks and limitations.
Lacks diverse benefits like lounge access or dining discounts, unlike other cards.
Comes with a joining fee of ₹1,500 + GST, which might deter some users.
Users have reported issues with redeeming Fuel Points at some IndianOil outlets.
Excludes many common spend categories like utilities and rentals from rewards.