Best Credit Cards for Fuel Payments in India
Fuel payments are a necessary part of daily life, but the right credit card can help you earn rewards or cashback on these expenses. By choosing a card that benefits fuel transactions, you can turn an essential cost into a rewarding experience.
Since fuel is a recurring cost, even small benefits can add up over time. Whether you fill up at BPCL, IOCL, HPCL or other fuel stations, the right card can help you collect reward points or cashback that can later be used for travel, shopping, or other perks. Many cards also come with added advantages like milestone bonuses, partner discounts, or accelerated rewards, making it easier to maximise value.
| Card | Partner | Effective Reward Rate | Capping | Recommended Spends | Notes |
|---|---|---|---|---|---|
| SBI BPCL Octane | Bharat Petroleum (BPCL) | 7.25% | 2500 RP / billing cycle | 10,000 | Decent rewarding card for fuel and also works for SBI sale offers. |
| RBL Indian Oil Xtra | Indian Oil Corp. (IOCL) | 8.5% | 2000 RP / calendar month | 13,333 (approx) | High rewards capping |
| IDFC Power+ | Hindustan Petroleum (HPCL) | 6.5% (HP Pay) | 2400 RP / billing cycle | 10,000 | Route the transactions through HP Pay app. |
| Amex MRCC | No Partner but HPCL preferred | 3.3% - 11% | 1000 MR + 1000 MR (Milestone) / calendar month | 1.5k x4 / + 14k | Must hit a milestone since base rewards exclude fuel. HPCL fuel stations have zero surcharge. |
| Amex Gold Charge | No Partner but HPCL preferred | 5.5% - 11% | 1000 MR (Milestone) / calendar month | 1k x6 | Must hit a milestone since base rewards exclude fuel. HPCL fuel stations have zero surcharge. |
| BOB HPCL Energie | Hindustan Petroleum (HPCL) | 6.5% | 1000 RP / billing cycle | 6,250 | Route the transactions through HP Pay app. HPCL Energie card is offered LTF as an additional card to existing users sometimes. |
| Axis Indian Oil Premium | Indian Oil Corp. (IOCL) | 5% | 600 EM / billing cycle | 15,000 | Included in the list as a lot of users have this LTF converted from Citi Bank. |
| Bonus: Kotak 811 Super DC | No Restrictions | 5% | 500 CB / calendar month | 10,000 | Easy issuance due to being a debit card. Best for youngsters and users who are not interested in maintaining a separate card for fuel. |
Find Your Best Fuel Card
Fuel payments are unavoidable, but with the right credit card, you can earn rewards or cashback on these everyday purchases. Each card listed above offers different strengths, and the best choice depends largely on your preferred fuel station and your ability to meet spending milestones.
If you usually refuel at BPCL, IOCL, or HPCL, picking a partner card can significantly improve your returns. If you don’t yet have one of these cards, you can use a credit card manager app like SaveSage to see if your current cards offer benefits on fuel payments and explore better options with our Card Recommendation feature.
At SaveSage, we make it easier to track your credit card rewards and loyalty programs. Stay updated with the best offers and make smarter financial decisions with our app.
