Best 6 Fuel Credit Cards in India
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Indialends, 26 Feb 2024

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Top 6 Fuel Credit Cards in India

For a salaried individual, commute expenses are troublesome. With fuel prices skyrocketing, anyone commuting from home to work is paying at least Rs. 13000-15000 a month.

If you are someone who does most expenses on fuel, then a fuel credit card will be your saviour. It will not only save surcharge waivers for you but will also give you more rewards every time you spend money on fuel.

With IndiaLends, you don't need to worry too much about sitting for hours and finding the right card for you. In this article, you will find a list of best fuel credit cards and what are there other benefits that they offer.

1. IndianOil Axis Bank Credit Card

If you want more than just fuel benefits, IOCL Axis Bank Credit Card is just the right choice for you. This card is one of the top choices in the fuel credit card category making it one of the best fuel credit card

• 1% fuel surcharge waiver at any fuel outlet in India

• 100% cashback up to Rs. 250 on all fuel transactions for the first 30 days.

• Instant 10% discount on movies

• 15% discount on dining at partner restaurants.

• 20 reward points on every Rs. 100 spent at any IOCL fuel outlet.

2. SBI SimplyClick

When it comes to banking, SBI is one name we all trust. Like SBI's trust, this fuel credit card is filled with benefits that will make you go gaga over this card.

• 1% fuel surcharge for transactions between Rs. 500- Rs. 3000

• Amazon gift card worth Rs. 500 as a welcome benefit.

• 1 reward point for every Rs. 100 spent.

3. ICICI Bank Coral

If you want to get a card for your entertainment but would also like to save on fuel, you should get ICICI Bank's Coral Credit Card. This card offers:

• 1% fuel surcharge waiver

• Movie discount. Up to 25% off on the purchase of a minimum of 2 movie tickets on BookMyShow.

• 1 complimentary domestic lounge access

• 20% discount at EazyDiner

• Air accident insurance up to Rs. 3 crores

4. American Express Membership Rewards Credit Card

At a very nominal fee, the American Express Membership Rewards Credit Card lets you enjoy the benefits of a super-premium card. This is what makes it people’s favourite, and hence, this card makes it to the top fuel credit cards list

• No convenience fee for fuel for transactions under Rs. 5000

• 4000 reward points at a welcome benefit

• Up to 20% off on dining at partner restaurants

• EMI benefits available.

• 5000 reward points on first card renewal

5. Axis Bank Select Credit Card

This particular card is a perfect choice for those who want fuel and reward benefits on their card.

• 1% fuel surcharge refund for transactions of Rs. 400-4000

• Amazon voucher worth Rs. 2000 as a welcome benefit

• Buy 1, Get 1 movie ticket.

• 2 complimentary domestic lounge access per quarter

• 12 complimentary international lounge access per year (with priority pass)

• Ten edge reward points for every Rs. 200 spent.

6. SBI Elite Credit Card

This card is specifically designed for people who spend more or are frequent travellers. With a wide range of benefits, this fuel credit card becomes a perfect choice for those who want premium cards.

• 1% fuel surcharge waiver for transactions of Rs. 500-4000 at any petrol station across India.

• E-gift voucher worth Rs. 5000 as a welcome benefit

• Free movie tickets worth Rs. 6000/year.

• EMI benefits available.

• 5x reward points on Dining, Departmental Stores, groceries.

So these are some cards that are currently top fuel credit card in India. To apply for any of these cards, you can simply log in to IndiaLends through the Web or App and apply in just 2 minutes. Get instant card approval.

FAQ’s

Loan against mutual funds (LAMF) allows you to borrow cash against your mutual fund investments as collateral. You can use Volt Money to lien mark your mutual funds digitally to avail an instant limit without losing the ownership of your mutual funds and all the associated benefits with it. Funds will be made available in the form of an overdraft facility.

The annual fee for the Axis Privilege Card is typically Rs. 1,500 plus taxes. This fee can be waived if the cardholder achieves an annual spending milestone, though the exact spending amount for the waiver can vary by card variant. For example, a common waiver condition is spending above Rs. 2.5 lakh in an anniversary year.

Luxe Vouchers are digital gift cards that can be redeemed across popular luxury and lifestyle brands such as Myntra, Flipkart, Pantaloons, and more. Once you qualify for the offer, the voucher code will be sent directly to your registered email ID or mobile number. In most cases, vouchers are delivered within 5–7 working days after successful validation of your transaction or application.

Yes, you can apply even with a low CIBIL score, but your chances of approval may be limited. Most banks and lenders prefer a CIBIL score of 750 or above for quick approval and better interest rates. If your score is lower, some lenders may still consider your application based on other factors such as your income, employment stability, or existing relationship with the bank. However, you may be offered a lower loan amount or higher interest rate. Improving your credit score before applying can increase your chances of getting approved on favorable terms.

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