RBL Bank
IndianOil RBL Bank Credit Card
Annual Fee
₹590₹500 + GSTBase Reward
5% points
Foreign Markup
3.5%
Welcome Benefits
1,000 Fuel Points
Product Highlights
- Dedicated fuel spends credit card
- Affordable fee of ₹500
Category Rewards
fuel
10 Fuel Points/₹100 Spent
10 pts/₹100
Fee Waiver
Annual Fee Waived on Spends of ₹1.75 Lakh
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
IndianOil
Accelerated FP at IndianOil fuel stations(Cap ₹500/mo)
Reward Calculator
Earns ₹1,810/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
4.8K
Fuel Points
₹2.4K
via standard · ₹0.5/pt
Effective rate
1.54%
Annual fee
₹590
Year 1 net
+₹1,810
Year 2+ net
+₹1,810
ongoing
Adjust your spend by reward bucket
2 bucketsReal Reward Ceiling
Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.
Accelerated FP at IndianOil fuel stations
Headline: 5.00% effective
₹500/month ÷ 5.00% = ₹10,000 eligible spend/month
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
emi, cash advance, rent, wallet, government
Fuel surcharge waiver (good news)
1%on ₹500–₹4,000 fuel txns · capped at ₹100/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 10 Fuel Points/₹100 spent at IndianOil outlets. 1 Fuel Point/₹100 on other eligible purchases.
- 1 Fuel Point = ₹0.50 When Redeeming at IndianOil Stations
Benefits & Features
1% Waiver
Pros & Cons
Pros
- Advantageous for those who purchase fuel at IndianOil stations
Cons
- Does not offer a high reward rate for spending other than fuel
Additional Info
Best for fuel purchases
Can be linked to UPI applications
A maximum of 1,000 Fuel Points can be earned each month, offering savings of ₹500 each month.
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Networks
Fee Waiver
Annual Fee Waived on Spends of ₹1.75 Lakh