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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: 30 September 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.

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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 WaiverRenewal Fee is waived on annual spends of ₹50,000 or above in the previous year/card anniversary year.
Spend Based WaiverWaived on annual spend of ₹50,000 or more in the previous anniversary year.
Foreign Transaction Fees3.5% of the transaction amount on all International / Cross currency transactions.
Foreign Transaction Fees3.5%
Interest Rate (APR)3.75% per month (45% per annum). Overdue interest charges are up to 3.49% per month (41.88% annually).
Interest Rate (APR)3.75% per month (45% per annum).

Rewards & Benefits

Welcome BonusVoucher worth ₹250 upon card activation and completion of at least one transaction within 37 days.
Welcome Bonus1000 Reward Points on spending ₹500+ within 30 days of card issuance.
Rewards RateEarn 5% Fuel Points on IndianOil outlets, groceries, and bill payments (capped). 1 Fuel Point on every ₹150 spent on other purchases.
Rewards Rate4% on IndianOil fuel, 2% on dining & groceries, 0.5% on other spends & UPI transactions.
Reward TypeReward Points, Cashback
Reward TypeReward Points
Reward Redemption Fee₹99 + GST.
Reward Redemption FeeNil

Travel & Lifestyle

Domestic Lounge Access
Domestic Lounge Access
International Lounge Access
International Lounge Access
Travel Benefits
Travel BenefitsReward points redeemable for travel; concierge for car rental & limousine reservations.
Movie Benefits
Movie BenefitsConcierge for movie ticket booking; reward points redeemable for movie vouchers.
Dining Benefits
Dining Benefits2% back as Reward Points on dining spends.
Golf Benefits
Golf Benefits
Concierge services available for golf reservations.
Fuel Surcharge Waiver1% waiver across all petrol pumps on a minimum transaction of ₹400. Maximum waiver of ₹250 each statement cycle.
Fuel Surcharge Waiver1% waiver on IndianOil fuel spends (₹100-₹5,000), max ₹100/cycle. Not on UPI.

Security & Other

Insurance BenefitsZero Cost Card Liability for fraudulent transactions if reported immediately to HDFC Bank.
Insurance BenefitsPersonal accident insurance cover of ₹2 Lakhs.
Cash Advance Charges2.5% of the amount withdrawn, subject to a minimum charge of ₹500.
Cash Advance Charges2.5% of amount withdrawn, min. ₹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 fuel credit card designed for high fuel spenders, offering significant savings on fuel purchases, groceries, and utility bills. It provides up to 50 liters of free fuel annually and accelerated 5% Fuel Points at IndianOil outlets. Operating on the RuPay network, it also supports UPI linking for convenient mobile payments. This card is ideal for those seeking substantial rewards on everyday essential spending.

Who is it for?

The IndianOil Kotak Credit Card is an entry-level co-branded fuel card designed for individuals who frequently refuel at IndianOil outlets and are new to credit. It offers substantial savings on fuel, accelerated reward points on grocery and dining, and a welcome bonus. With flexible redemption options including cashback and IndianOil XTRAREWARDS, along with personal accident insurance and concierge services, it provides a rewarding experience for daily travel and essential spends, making it ideal for budget-conscious users seeking fuel benefits.

Pros

Key benefits and features.

Being on the RuPay network, the card can be linked to UPI applications for convenient and fast mobile payments.

Offers accelerated 5% Fuel Points on spends at IndianOil outlets, groceries, and utility bill payments.

Provides significant annual savings with the potential to earn up to 50 liters of free fuel.

Renewal fee is easily waived on annual spends of just ₹50,000, making it cost-effective.

Pros

Key benefits and features.

Significant savings on fuel at IndianOil outlets with up to 4% value back in reward points.

Accelerated reward points on daily essential spends like groceries and dining (2% value back).

Flexible reward redemption options including cashback, Kotak Rewards, and IndianOil XTRAREWARDS for fuel.

Offers a good welcome bonus of 1000 Reward Points on initial spend, covering the joining fee.

Includes valuable benefits such as ₹2 Lakhs personal accident insurance and concierge services.

Cons

Key drawbacks and limitations.

Monthly capping on Fuel Points for IndianOil outlet spends limits maximum reward earning potential.

Reward points for groceries and utility bills are also capped at a low 100 Fuel Points per month.

High foreign currency markup of 3.5% makes international transactions expensive for cardholders.

The card does not offer any complimentary airport lounge access, domestic or international.

Cons

Key drawbacks and limitations.

Reward points for fuel, dining, and groceries are subject to monthly maximum earning caps.

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

Fuel surcharge waiver is not applicable on UPI transactions, limiting savings for some users.

High foreign currency markup of 3.5% makes it less ideal for international spending.

Welcome benefits are only applicable to cardholders who pay the initial joining fee.

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)