Indianoil HDFC Bank Credit Card
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
Users can redeem Fuel Points through NetBanking towards catalogue products where 1 FP = upto 20 paise. Effective cashback rate of 0.20%.
Customers will earn 5% Fuel Points of their spending as Fuel Points at IndianOil outlets. The value of 1 Fuel Poinbt is 0.96 Paisa. Effective cashback rate: 4.8%.
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
Zero Lost card liability.; Fuel surcharge waiver is available.; Smart EMI option available.; Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
None.
Cashback Rate
Users can redeem Fuel Points through NetBanking towards catalogue products where 1 FP = upto 20 paise. Effective cashback rate of 0.20%.
Customers will earn 5% Fuel Points of their spending as Fuel Points at IndianOil outlets. The value of 1 Fuel Poinbt is 0.96 Paisa. Effective cashback rate: 4.8%.
Movie Benefits
None.
Dining Benefits
None.
Other Benefits
Zero Lost card liability.; Fuel surcharge waiver is available.; Smart EMI option available.; Credit Card is enabled for contactless payments, facilitating fast, convenient and secure payments at retail outlets.
Lounge Access
None.
Fees & Charges
Joining Fee
Rs. 500/- + Applicable Taxes
Annual Fee
N.A.(Not Applicable)
Cash Advance Fee
Cash advance fee: 2.5% or ₹ 500 whichever is higher.
Interest rate
Interest Rates: 3.60% p.m. 43.20% p.a.
Late Payment Fee
Late Payment Charges: Less than ₹100 = Nil ₹100 to ₹500 = ₹100/- ₹501 to ₹5,000 = ₹500/- ₹5,001 to ₹10,000 = ₹600/- ₹10,001 to ₹25,000 = ₹800/- ₹25,001 to ₹50,000 = ₹1100/- More than ₹50,000 = ₹1300/-
Foreign Currency Transactions Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Joining/ Renewal Membership Fee – Rs. 500/- + Applicable Taxes | Reward Redemption Fees: Rs. 99/-
Fees & Charges
Joining Fee
Rs. 500/- + Applicable Taxes
Annual Fee
N.A.(Not Applicable)
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rates: 3.60% p.m. 43.20% p.a.
Late Payment Fee
Late Payment Charges: Less than ₹100 = Nil ₹100 to ₹500 = ₹100/- ₹501 to ₹5,000 = ₹500/- ₹5,001 to ₹10,000 = ₹600/- ₹10,001 to ₹25,000 = ₹800/- ₹25,001 to ₹50,000 = ₹1100/- More than ₹50,000 = ₹1300/-
Foreign Currency Transactions Fee
Foreign Currency Transactions Fees: 3.5%.
Other Fees
Joining/ Renewal Membership Fee – Rs. 500/- + Applicable Taxes | Reward Redemption Fees: Rs. 99/-
Special Features
Customers can earn up to 50 Litres of free fuel annually.
Eligibility Criteria
For Salaried Indian National:
Age: Min 21 years to Max 60 Years,
Net Monthly Income> Rs 10,000
For Self Employed Indian National:
Age: Min 21 years & Max 65 Years
Annual Income: ITR > Rs 6 Lakhs per annum
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Go to the HDFC Bank website.
Click on the "Credit Cards" tab.
Click on the "Apply for a Credit Card" button.
Select the "IndianOil HDFC Bank Credit Card" from the list of cards.
Enter your personal information, such as your name, address, and income.
Enter your PAN number and credit score.
Click on the "Submit" button.
A HDFC Bank representative will contact you to verify your details and complete the application process.
Contact Details
1800 202 6161 or 1860 267 6161,
send an SMS to 730 8080 808,
or even use WhatsApp to send a message to 707 0022 222.
Account Opening and Procedure
The card offers decent cashback on fuel. The card also comes with decent-value add features. Overall the card is must-have for individuals interested in fuel cost saving.
The card offers decent cashback on fuel. The card also comes with decent-value add features. Overall the card is must-have for individuals interested in fuel cost saving.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai