Beneficial For Daily Commuters -IndianOil RBL Bank XTRA MasterCard Credit Card

In today’s blog, we’ll explore unique credit card and their strategic collaborations between top banks and lifestyle platforms - IndianOil RBL Bank XTRA MasterCard Credit Card

IndianOil RBL Bank XTRA MasterCard Credit Card is a co-designed credit card for frequent users who refuel at IndianOil petrol pumps. This is beneficial for bikers and commuters who travel daily. It offers one of the highest value-back rates on fuel in India, with up to 8.5% savings through a combination of accelerated reward points and fuel surcharge waivers. Backed by the RBL Bank and powered by MasterCard or RuPay, this card also provides decent rewards on general spends and milestone benefits for high spenders.

Here is more information on the card details, including welcome benefits, cashback rate, eligibility, and many more. Read below.

What Are The Welcome Benefits of IndianOil RBL Bank XTRA MasterCard Credit Card?

• Users will earn 3,000 Fuel Points

  • Earned when you do your first transaction of INR 500 or more within 30 days of card issuance.

  • Shopping benefits

  • Dining benefits

What Are The Reward Benefits of IndianOil RBL Bank XTRA MasterCard Credit Card?

• Fuel Spends at IndianOil Petrol Pumps

  • Earn 15 Fuel Points per ₹100 spent

  • Effective value-back: 7.5% (1 Fuel Point = INR 0.50 when redeemed at IndianOil pumps)

  • Maximum: 2,000 Fuel Points/month (i.e., up to INR 1,000 worth of fuel savings per month)

• Fuel Surcharge Waiver

  • Get 1% waiver on fuel transactions between INR 500–₹4,000

  • Maximum waiver: INR 200 per month

• Quarterly Milestone Benefit

  • Earn 1,000 bonus Fuel Points on spending INR 75,000 in a quarter

  • Worth INR 500 if redeemed at IndianOil outlets

What Are The Pros Of Having IndianOil RBL Bank XTRA MasterCard Credit Card?

• Excellent Fuel Savings

  • Up to 8.5% total value-back on IndianOil fuel spends (7.5% via points + 1% fuel surcharge waiver).

• High Rewards on General Spends

  • Earn 2 Fuel Points per INR 100 on other purchases — better than many basic fuel cards.

• Milestone Bonus

  • Extra 1,000 Fuel Points every quarter on INR 75,000 spend — INR 500 worth of fuel.

• Welcome Benefit Worth INR 1,500

  • 3,000 Fuel Points on first transaction (INR 500+ within 30 days).

What Are The Cons Of Having IndianOil RBL Bank XTRA MasterCard Credit Card?

• Restricted Redemption

  • Fuel Points can only be redeemed at IndianOil pumps using a special POS machine.

• Inconsistent Redemption Experience

  • Not all IndianOil stations have compatible POS; users report failed redemptions or delays.

• Joining & Annual Fee (INR 1,500 + GST)

  • Though it offers benefits, the fee is non-refundable unless milestone spends are met.

Network Type- Mastercard Standard and Rupay Classic

• Mastercard Standard is an entry-level yet globally accepted payment network. It ensures cardholders can use it both in India and abroad without worrying about acceptance issues. It also comes with basic Mastercard benefits like purchase protection, emergency card replacement, and offers on dining or travel, perfect for someone who wants international usability without paying for premium tiers.

  
  

• RuPay Classic, on the other hand, is India’s domestic payment network backed by NPCI. It allows lower transaction costs for the bank, which can be passed on to customers in the form of lower fees or better offers. It’s also well-suited for users who mostly spend within India, especially for fuel purchases at IndianOil outlets, and it supports UPI-linked credit card payments.

  
  

Fees And Charges

• Joining Fees: Rs. 1500/- plus taxes.

• Annual fees: Rs. 1500/- plus taxes, waived if the user spends more than INR 2,75,000 per year.

• Cash advance fees: Transaction fee of 2.5%. (Minimum Rs 500).

• Late payment charge: INR100 to INR1300.

• Interest rate: Up to 3.99% per month or 47.88% per annum.

  
  

Eligibility:

• 18–70 years (some sources mention 18+, others specify 21–70) 

• Open to both salaried and self-employed individuals 

• Income criteria: Salaried: At least INR 15,000 per month (as per CashKaro) 

• Self-employed: ITR ≥ INR 2 lakh per annum

Conclusion:

The IndianOil RBL Bank XTRA Credit Card is a strong pick for individuals who regularly refuel at IndianOil petrol pumps and want to maximize their fuel savings. With up to 8.5% total value back on fuel spends, a solid welcome bonus, and rewards on general expenses, it delivers excellent value in its category. However, its true worth depends on your ability to redeem points at IndianOil stations with supported POS machines and spend enough to offset the annual fee. If you're a daily commuter or vehicle owner who prefers IndianOil, this card offers one of the best fuel-saving structures in India. But if you seek broader perks like lounge access, cashback, or flexible redemptions, other lifestyle or cashback cards might serve you better.

This card is built for people who value everyday savings, especially when it comes to fuel. It’s not trying to be a luxury lifestyle card; it’s designed to be practical, dependable, and rewarding for your routine expenses. By offering the choice of Mastercard Standard and RuPay Classic networks, the card ensures it can cater to different types of users, whether you prefer the wide acceptance of Mastercard or the growing domestic benefits of RuPay.

One of its biggest advantages is how seamlessly it fits into daily life. Fuel purchases at IndianOil outlets give you accelerated rewards, helping you save without changing your habits. Plus, the benefits aren’t limited to just fuel. Users can earn and redeem points on other common expenses, making it more versatile than most fuel-specific cards.

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