HDFC

HDFC IndianOil Credit Card

HDFC IndianOil Credit Card offers 5% earning on spending. Get this co-branded card from Roopya & enjoy amazing reward points from IndianOil.

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HDFC IndianOil Credit Card is a co-branded credit card from HDFC bank & IndianOil corporation. It offers a broad range of benefits for its users to enjoy.

The HDFC IndianOil Credit Card is specifically designed for the users to enjoy great discounts and benefits on fuel transactions.

HDFC Indianoil credit card

You can obtain this credit card with a joining fee of Rs. 500. Also, the monthly interest rate is 3.49%. To know more about the HDFC IndianOil Credit Card, you can read further below-

 Highlights of HDFC IndianOil Credit Card 

Annual FeeRs. 500 [Reversed if annual spend exceeds Rs. 50,000]
Joining FeeRs. 500
Avail Lifetime free offer on Smartpay registration
Fuel BenefitsUp to 50 liters of FREE fuel in on year
250 Fuel points per month at Indianoil outlets for 1st 6 months
150 Fuel points next 6 months
Fuel points are valid for 2 years
1% Fuel surcharge waiver on minimum fuel transaction of Rs. 400
Earn 5% fuel points on Indianoil stations, bill payment, shopping
Milestone BenefitsRs. 500 annual fee will be waived if annual spend exceeds Rs. 50,000 a year

Want to apply now? Click here.

Table Of Content

Features of the HDFC IndianOil Credit Card

There are various features and benefits of the HDFC IndianOil Credit Card. The main highlights of the credit card are as follows-

  • You will get 1% as a fuel surcharge waiver on all of your fuel transactions.
  • Along with that, you can earn Fuel points for transactions at various IndianOil Fuel Outlets, Bill Payments, Groceries, etc.
  • You can also earn 1 Fuel Point on every purchase of Rs. 150.
  • The users also enjoy an annual fee waiver in the next year for spending more than Rs. 50,000.
  • You can easily redeem the Fuel Points as IndianOil XTRAREWARDS.

HDFC Indianoil Credit Card Xtrarewards

Compare with other credit cards: Visit compare credit card benefits.

Benefits of HDFC IndianOil Credit Card

The users of HDFC IndianOil Credit Card enjoy the following advantages-

Fuel Points

If you own an HDFC IndianOil Credit Card, you can get 1 Fuel Point on spending Rs. 150 on other transactions rather than the fuel.

Apart from that, you will also get a 5% Fuel Points with the card for groceries and bill payment.

Amazing Fuel Benefits

In this category, you can earn around 250 Fuel Points during the initial six months at every IndianOil Petrol Pump throughout the country.

After that, you will also enjoy a fuel surcharge waiver of 1% on every fuel transaction starting from Rs. 400 and above.

Even after completing the first 6 months, you will get 150 fuel points every month.

With this card, you will get the opportunity to earn 5% Fuel Points for every fuel transaction.

Other Benefits

Apart from amazing discounts on fuel transactions at various IndianOil petrol pumps, there are various opportunities that you can enjoy.

With this card, you will get a waiver in the first year fee for spending Rs 20,000.

You can automatically update PayZapp with a single transaction worth Rs. 500 under the initial 90 days of issuing the card.

How to redeem “Fuel Points”  on HDFC IndianOil Credit Card?

HDFC Indianoil Credit card fuel points

With the IndianOil HDFC Bank Credit Card, you don’t get any reward points. Instead, you will get “Fuel Points” for every transaction with this credit card. You can redeem the fuel points as Cashback. With these fuel points, you can also purchase several items available in the rewards catalog of the HDFC Bank.

Know about Xtrarewards by Indian oil corporation: Visit here.

Credit Limit of IndianOil HDFC Bank Credit Card

The limit of the card is assigned by the HDFC Bank. There are various factors that are verified to decide the limit of the card. The most important factors include credit score, ongoing debts, past debts, repayment habits, etc. If you have a low credit score, then it will be very difficult for you to obtain a credit card. Also, you must complete your previous loan before getting a new loan. This can affect the chances of getting a card with increased limits.

Eligibility Criteria for HDFC IndianOil Credit Card

To know about the eligibility criteria, you can visit the official website of HDFC Bank. Click on “Check Eligibility” and you can check that you are eligible for the card or not. Below are the few points that you must know about the eligibility criteria for IndianOil HDFC Credit.

Age

The minimum age of both salaried and self-employed and salaried individuals to apply for the card is 18 years. Also, the maximum age to apply for the IndianOil HDFC Bank Credit is 70 years.

Citizenship

If you are applying for a credit card, you must be a citizen of India. Also, you must have valid proof for verification which you need to submit to the bank.

Add-On Card

The bank also provides an add-on card. To get access to the add-on card. The age of the add-on applicant should be at least 15 years or above.

Documents Required for HDFC IndianOil Credit Card

There are various documents that you need to submit for verification. It includes your Identity proof, address proof, and income proof. To know more about the primary details, read further below-

Identity Proof

For Identity proof, you must produce the following documents-

  • Adhaar Card
  • Driving License
  • Passport
  • Driving License
  • Voter Id Card
Address Proof

For address proof, you will need to submit the following-

  • Voter ID Card
  • Ration Card
  • Adhaar Card
  • Passport
Income Proof

You also need to submit income proof with your application. You will require-

  • Salary Sip of last three months
  • Income Tax Return Copy of last six months
  • Pan Card or Form 16

Fees and Charges of HDFC IndianOil Credit Card

The fees and penalties for various purposes of the HDFC IndianOil Credit Card are as follows-

Joining Fee– To obtain IndianOil HDFC Bank Credit card, you have to pay a joining fee Rs. 500.

Annual Fee- Rs. 500.

Finance Charges– 3.49% every month

Fee for Cash Advance– The minimum amount for the cash advance is Rs. 500. The bank charges 2.5% of the total transaction with the card.

Fee for Add-On Card– Nil

Limit for Cash Advance – you get 40% of the credit limit for the cash advance.

Repayment Amount– The minimum amount is Rs. 200. You have to pay 5% of the outstanding money.

Fee for Cheque Payment-Rs. 25 for cheque with a value of up to Rs. 5000. Rs. 50 for cheque more than the value of Rs. 5000.

Charges for Payment Return– Minimum amount is Rs. 450. You have to pay Rs. 450. Also, you will be charged 2% of the amount for payment return.

Over Limit Charges– The minimum charge for over limit is Rs. 500 with 2.5% of the amount.

Fee for Rewards Redemption– Rs. 99

Processing Charge for Balance Transfer– 1% of the transfer amount.

Foreign Currency Transaction Charges– 3.5% of the total amount.

Charges for Card Reissuance– Rs. 100.

Fuel Surcharge– The minimum amount is Rs. 450 with a 2% charge of the amount.

Charges for Cash Payment– Rs. 100.

Fee for Railway Ticket– GST charges+ 1% of the amount.

Charges for Late Payment– No charges for a total outstanding amount up less than Rs. 100. Rs. 400 for payment amount between Rs. 100 -Rs. 500.

Rs. 400 for the amount due between Rs. 501-Rs. 5000. Rs. 500 for the amount between 5001-Rs. 10,000. Then, Rs. 700 for the amount Rs. 10,001 to Rs. 25,000. Rs. 750 for the amount due more than |Rs. 750.

FAQs

These are the important frequently asked questions that will help to clear your doubts about the IndianOil HDFC Bank Credit. Read the following to know more-

Can we use HDFC IndianOil Credit Card for any purpose?

Yes, we can use the IndianOil HDFC Credit Card for various purposes. it is specifically designed for travelers to save fuel costs. However, you can get other best offers on other than fuel expenses.

What are the features of HDFC IndianOil Credit Card?

You will enjoy various features that come along with the credit card. There are milestone advantages, discounts on fuel purchase, reward points, renewal fee waivers, and many more.

What is the fuel surcharge of the HDFC Credit Card?

In this card, you will not receive reward points. The points that you will collect are called Fuel Points. with these fuel points, you can enjoy cash backs and other purchases as well.

Can I use the IndianOil HDFC Credit card for other expenses?

Yes, you can use the IndianOil HDFC Bank Card for other purposes as well. You can use the card for grocery shopping and many more.

Can I apply for an add-on credit card with the IndianOil HDFC Credit Card?

Yes, the primary applicant can apply for an add-on credit card. The age of the add-on card applicant should be at least 15 years or above. You can use this card for your family members such as mother, father, sister, brother, wife, daughter, and son.

Can I use the IndianOil HDFC Credit Card for cash withdrawal?

Yes, you can easily use the IndianOil HDFC Card for cash withdrawal as well. The bank will charge 2.5% of the total amount as a cash withdrawal fee. Along with that, you can use the card at various domestic and international ATMs all around the world.

What are the several documents required to submit for application?

The existing customers and the ones who don’t have an account with the bank can also apply for a credit card. The customers must submit the following documents to apply for the Indian Oil HDFC Card- Identity Proof- Adhaar Card, Driving License, Passport.

Address Proof- Voter ID Card, Ration Card, Electricity Bill, Passport, Adhaar Card.

Income Proof- PAN Card, Salary Slip, ITR Copy of past six months, Form 16. The bank can also ask for additional documents during the application process. After verification, you have to wait a few weeks to get confirmation about your application.

Is there any milestone benefit with the HDFC IndianOil Credit Card?

Yes, you also get milestone benefit with the HDFC IndianOil Credit. In this category, if your annual spends reaches Rs. 50,000 then the renewal fee of Rs. 500 will be waived off. You will get several options to get reward points and get free fuel.

What are the fuel advantages that we can get with this card?

The users of this card enjoy discounts on fuel spends of up to 5% as Fuel Points. With this card, you can get around 250 Fuel Points at any petrol pump of Indian Oil across India in the initial six months.

Along with that, you will get 1 Fuel Point with every spent of Rs. 150 with the card. However, the users can also do bill payments and grocery spends as well.

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