CardAgent

Best credit cards for fuel in India (2026)

Cards ranked by effective fuel savings — earn rate plus 1% fuel surcharge waiver, capped and uncapped. IOCL / HPCL / BPCL co-branded cards included.

  1. 1
    RBL Bank
    RBL IndianOil XTRA Credit Card
    7.5% on FuelCap ₹2,000/mo₹1,770/yr incl. GST
    15 pts/Rs100 at IndianOil stations, capped 2,000pts/month
    37
  2. 2
    RBL Bank
    RBL Bank IndianOil XTRA
    7.5% on FuelCap ₹2,000/mo₹1,770/yr incl. GST
    15 pts/Rs100 at IndianOil stations, capped 2,000pts/month
    37
  3. 3
    SBI Card
    BPCL SBI Card OCTANE
    6.25% on FuelCap ₹625/mo₹1,769/yr incl. GST
    25 points per Rs 100 at BPCL stations = 6.25% actual value; capped 2,500 points/billing cycle; plus separate 1% surcharge waiver applies at ALL fuel stations
    32
  4. 4
    American Express
    Amex Platinum Card (Charge)
    5% on FuelCap ₹2,500/mo₹77,880/yr incl. GST
    5X points on fuel, capped at 5,000 pts/month
    33
  5. 5
    HDFC Bank
    HDFC IndianOil Rupay Credit Card
    4.8% on FuelCap ₹240/mo₹590/yr incl. GST
    5% Fuel Points at IndianOil outlets, capped 250pts/mo first 6mo then 150pts/mo; best redeemed for fuel at Rs 0.96/point via IXRP
    31
  6. 6
    Axis Bank
    Axis IndianOil Credit Card
    4% on FuelCap ₹5,000/mo₹590/yr incl. GST
    20 EDGE points per Rs 100 at IOCL outlets only; capped at Rs 5,000/month eligible fuel spend
    24
  7. 7
    Kotak Mahindra Bank
    IndianOil Kotak Credit Card
    4% on FuelCap ₹7,500/mo₹530/yr incl. GST
    24 RP/Rs 150 at IndianOil, capped 1,200 pts/cycle (~Rs 7,500 fuel spend); plus separate 1% surcharge waiver
    24
  8. 8
    Kotak Mahindra Bank
    Kotak Cashback+ Credit Card
    3% on FuelCap ₹500/mo₹885/yr incl. GST
    Combined cap with grocery/food delivery/entertainment; any petrol brand
    48

How we rank

We compute an effective % back for each card's Fuel reward rule as rate × point value, cap-aware, and rank by that number. Ties are broken by the CardAgent overall score, which weighs reward value (70%), fee efficiency (12%), redemption flexibility (9%), and perks (9%). All fees are shown inclusive of 18% GST. See methodology and full catalog.

FAQ

What is a fuel surcharge waiver?

A 1% surcharge is added to all fuel transactions; most credit cards waive this up to a monthly cap (usually ₹250–₹500). It effectively adds 1% to your reward rate.

Which co-branded fuel card is best?

BPCL SBI Octane (7.25% on BPCL), IOCL HDFC Bank RuPay (5% on IOCL), and IndianOil Axis Bank Premium — all with monthly caps shown above.

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