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IndianOil HDFC Bank Credit Card VS IndianOil Kotak Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.
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Last updated: 18 July 2026

Both IndianOil HDFC Bank Credit Card and IndianOil Kotak Credit Card suit fuel-focused spenders, but they earn and cost differently. IndianOil HDFC Bank Credit Card costs ₹500 + GST and earns 5% Fuel Points on IndianOil spends, groceries & bill payments; 1 FP for every ₹150 on other spends. IndianOil Kotak Credit Card costs ₹449 + GST and earns 24 RP/INR 150 on IndianOil fuel, 12 RP/INR 150 on dining/groceries, 3 RP/INR 150 on others. IndianOil HDFC Bank Credit Card also brings zero Lost Card Liability protection against fraudulent transactions upon reporting card loss, while IndianOil Kotak Credit Card counters with receive an insurance cover worth INR 2 Lakhs for personal accidents. Weigh the fee against the reward rate above to see which fits your spending pattern better.

IndianOil HDFC Bank Credit Card
IndianOil HDFC Bank Credit Card
IndianOil Kotak Credit Card
IndianOil Kotak Credit Card

Fees & Charges

Joining Fee₹500 + GST
Joining Fee₹449 + GST
Renewal Fee₹500 + GST
Renewal Fee₹449 + GST
Spend Based WaiverJoining Fee waived on ₹20,000 spend in 90 days. Renewal Fee waived on ₹50,000 annual spend.
Spend Based WaiverAnnual fee waived on annual retail spends of ₹50,000 or more in the previous anniversary year.
Foreign Transaction Fees3.5% of the transaction amount.
Foreign Transaction Fees3.5%.
Interest Rate (APR)Revolving Credit: 3.75% per month (45% p.a.). Overdue: Up to 3.49% per month (41.88% p.a.).
Interest Rate (APR)3.75% per month, equivalent to 45% per annum.

Rewards & Benefits

Welcome BonusComplimentary IndianOil XTRAREWARDS Program (IXRP) membership. Voucher worth ₹250 upon card activation and one transaction.
Welcome BonusReceive 1000 Reward Points as a welcome benefit upon spending ₹500 or more within 30 days of card issuance.
Rewards RateAccelerated 5% Fuel Points on IndianOil, groceries, and bill payments. 1 Fuel Point on every ₹150 spent on other purchases.
Rewards RateEarn 24 RP on ₹150 on fuel (4% back), 12 RP on ₹150 on dining/grocery (2% back), 3 RP on ₹150 on others (0.5% back).
Reward TypeReward Points
Reward TypeReward Points
Reward Redemption Fee₹99 plus GST for redemption through net-banking towards catalog products or as cashback.
Reward Redemption FeeNil.

Travel & Lifestyle

Domestic Lounge Access
Domestic Lounge Access
International Lounge Access
International Lounge Access
Travel Benefits
Travel Benefits
Movie Benefits
Movie Benefits
Dining Benefits
Dining BenefitsEarn 12 Reward Points on every ₹150 spent on dining and grocery, equivalent to 2% back.
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% waiver across all petrol pumps on min ₹400 transaction. Max waiver ₹250 per statement cycle.
Fuel Surcharge Waiver1% fuel surcharge waiver on transactions ₹100-₹5,000 at IndianOil, capped at ₹100/statement cycle.

Security & Other

Insurance BenefitsZero Cost Card Liability for fraudulent transactions if reported immediately.
Insurance BenefitsPersonal accident insurance cover of ₹2 Lakhs.
Cash Advance Charges2.5% of amount withdrawn, subject to a minimum charge of ₹500.
Cash Advance Charges2.5% of cash withdrawn, minimum ₹500.
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

IndianOil HDFC Bank Credit Card

IndianOil Kotak Credit Card

Who is it for?

The IndianOil HDFC Bank Credit Card is a co-branded card for high fuel spenders, offering significant savings through Fuel Points redeemable for free fuel at IndianOil pumps. Users can earn up to 50 liters of free fuel annually, with accelerated 5% Fuel Points on IndianOil, groceries, and bill payments. Operating on the RuPay network, it also supports convenient UPI payments.

Who is it for?

The IndianOil Kotak Credit Card is an entry-level, co-branded fuel card ideal for individuals who frequently refuel at IndianOil outlets and are new to credit. It offers significant savings on fuel, accelerated reward points on dining and grocery spends, and a valuable welcome benefit. Cardholders can enjoy flexible reward redemption options, including cashback and direct fuel payments, along with a personal accident insurance cover. This card is perfectly positioned for maximizing everyday savings, especially on vehicle-related expenses.

Pros

Key benefits and features.

Accelerated 5% Fuel Points on IndianOil outlets, with high ₹0.96 redemption value for free fuel.

Earn 5% Fuel Points on groceries and utility bill payments, making it useful for daily expenses.

RuPay network enables UPI integration, allowing convenient mobile payments via linked applications.

Joining and renewal fees are waivable based on spending, offering potential for a free-for-life card.

Benefits include 1% fuel surcharge waiver, up to 50 days interest-free credit, and zero lost card liability.

Pros

Key benefits and features.

Excellent for frequent IndianOil fuel users, offering significant savings and rewards.

Provides valuable welcome benefits and accelerated rewards on dining and groceries.

Offers flexible redemption options, including cashback and IndianOil XTRAREWARDS.

Includes a personal accident insurance cover and convenient concierge services.

Cons

Key drawbacks and limitations.

Monthly caps on Fuel Points in accelerated categories limit benefits for very high spenders.

No Fuel Points on wallet loading, government, EMI, rental, gold purchases, or non-IndianOil fuel.

A ₹99 + GST fee applies for redeeming Fuel Points as cashback or for catalog products.

Cons

Key drawbacks and limitations.

Reward points on fuel are capped monthly, which may limit benefits for high spenders.

Fuel surcharge waiver is capped at ₹100 per month and excludes UPI transactions.

The card does not offer any complimentary airport or railway lounge access.

A foreign currency markup of 3.5% makes international spends less attractive.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.
Apply for IndianOil HDFC Bank Credit Card(opens in new tab)Apply for IndianOil Kotak Credit Card(opens in new tab)