RBL Bank IndianOil Credit Card

This card pays you back on fuel. You earn 10 fuel points per Rs 100 at IndianOil outlets, about 5% back, capped at 1,000 points or Rs 500 a month. Other spends earn 1 fuel point per Rs 100, about 0.5%.

It costs ₹500 a year and the fee is waived once you spend ₹1,75,000 in the year. If you spend Rs 3,000 a month on fuel at IndianOil, you earn about Rs 150 a month, so the fee is covered in four months.

It suits people who drive daily and fill up at IndianOil. The catch is that it does little outside fuel, so pair it with a better card for other spends.

Best for: Daily commuters who drive, Regular IndianOil customers, People who want a simple fuel card.

01RBL Bank IndianOil Credit Card Rewards and Benefits

Rewards rate

0.5% on most spends; 5% only at partner merchants

Fee waived on

₹1,75,000 spend a year

Reward redemption

Not published

Dining

0.5% back (the normal rate)

Travel

0.5% back (the normal rate)

Golf

Not included

Domestic lounge

Not included

International lounge

Not included

Insurance benefits

Not included

02RBL Bank IndianOil Credit Card Annual Fee and Charges

Joining fee

₹500 + GST

Annual fee

₹500 + GST

Spend-based waiver

Annual fee waived on ₹1,75,000 spend in a year (rent and wallet loads not counted)

Rewards redemption fee

Nil

Forex markup

3.5%

Interest rate

3.99% a month (47.88% a year)

Fuel surcharge waiver

Yes, up to ₹100 a month

Card replacement

Not published

03What It's Worth, in Rupees

If you spend ₹20,000 a month on this card:

• ₹20,000 on everything else, earning 0.5%₹100
• Back each month, ₹1,200 a year₹100
• Annual fee with 18% GST (waived at this spend)₹0
• In your pocket each year₹1,200

Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.

04Product Details

• Joining and annual fee: ₹500 each
• Fee waived on ₹1,75,000 annual spend
• About 5% back at IndianOil pumps, up to ₹500 a month
• About 0.5% on other spends
• Forex markup of 3.5%

05Pros and Cons

06How RBL Bank IndianOil Credit Card earns Rewards

0.5% on most spends; 5% only at partner merchants.

Terms on the base rate. 1 fuel point per ₹100 on non-fuel spends (~0.5%); 1 fuel point = ₹0.50 toward fuel at IndianOil, ₹0.10 elsewhere; utilities, insurance, rent, wallets, education, government services and EMI earn nothing

Point value. 1 point is worth about ₹0.5 at the bank's stated value.

07RBL Bank IndianOil Credit Card Travel Benefits

Spending abroad carries a 3.5% forex markup; rewards on it: 0.5% back (the normal rate). See what it costs on your trip

Also on the card. fuel surcharge waiver.

• Fuel surcharge waiver: 1% fuel surcharge waiver up to ₹100 each month, on individual fuel transactions between ₹500 and ₹4,000

08RBL Bank IndianOil Credit Card Eligibility and Documents

Employment

Salaried or self-employed

Documents. PAN card Aadhaar / valid address proof Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph

09Recent Changes

What RBL Bank changed on this card recently. The facts on this page already reflect them.

See this card's change history → · All card changes in January 2026 →

10Cards Similar to RBL Bank IndianOil Credit Card

RBL Bank IndianOil Credit Card is a fuel card. The two below are the closest on SkyloFin; open any of them, or put them side by side.

Feature	RBL Bank IndianOil Credit Card	SBI BPCL Credit Card	SBI BPCL Octane Credit Card
Joining fee	₹500 + GST	₹499 + GST	₹1,499 + GST
Annual fee	₹500 + GST	₹499 + GST	₹1,499 + GST
Rewards	0.5% on most spends; 5% only at partner merchants	0.25% base, up to 1.25% on dining; 3.25% only at partner merchants	0.25% base, up to 2.5% on dining; 6.25% only at partner merchants
Domestic lounge	Not included	Not included	4 visits a year
Forex markup	3.5%	3.5%	3.5%
Type	Fuel	Fuel	Fuel

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