The consistently rising fuel prices in India have affected everybody’s lives in more ways than one. It has indirectly contributed to high inflation rates and the cost of living has skyrocketed. However, it has not affected anyone as much as it has impacted the lives of people who must endure a daily commute to work with their owned vehicles.
In such a scenario, more and more people looking for a respite are turning toward the best credit card for fuel. These credit cards offer several fuel-related benefits such as surcharge waivers, cashback offers, discounted fuel prices, free fuel, etc., thereby helping you manage your monthly and annual fuel expenses in an effective manner.
Let’s look at the best credit card for fuel in India at the moment:
1. Bajaj Finserv RBL Bank SuperCard:
If you are looking for a fuel credit card that also offers a hoard of other benefits, Bajaj Finserv RBL Bank SuperCard is an exceptional choice. Not only does it offer the advantage of a fuel surcharge waiver, but it also brings with it the possibility of saving over Rs. 55,000 annually. Additionally, you can also convert all your big-ticket expenses into easy and manageable EMIs. All you need to do is make sure that you meet all the eligibility criteria, have a good credit card CIBIL score, and your credit card application will be approved instantly.
2. Bank of Baroda Prime Credit Card:
Given how you don’t have to pay a joining or annual fee for it, the Bank of Baroda Prime Credit Card is undoubtedly the best credit card for fuel available out there. Along with earning 4 reward points for every Rs. 100 spent, it also offers a 1% fuel surcharge waiver for fuel expenses ranging between Rs. 400 to Rs. 5,000. But that’s not all, you also get free insurance benefits that offer accidental death coverage and an ability to convert your online purchases of Rs. 2,500 or more into EMIs (either 6 or 12 months long).
3. IndianOil HDFC Bank Credit Card:
The IndianOil HDFC Bank Credit Card offers some of the most unbelievable and unique fuel-related benefits at IndianOil petrol stations across the country. At a joining and renewal fee of Rs. 500, you can get 5% of your total fuel expenditure at all IndianOil gas stations converted into fuel points. And not just your fuel expenses, you can also convert 5% of your grocery and utility bills-related expenses into fuel points too. These fuel points, in turn, can be redeemed against fuel at select outlets. This means, the more you use the card, the higher will be the fuel benefits that you get to enjoy!
4. IndianOil Axis Bank Credit Card:
What if we told you that you can get 100% cashback on your fuel expenses? You wouldn’t believe us, would you? But that is true in the case of the IndianOil Axis Bank Credit Card. This co-branded offering from IndianOil and Axis Bank is a great choice for anyone who is looking to save to buck on the exorbitant fuel expenses. With a nominal joining and annual fees of Rs. 500, this really is the best credit card for fuel. It offers a 100% cash back benefit on fuel transactions of up to Rs. 250 and 4% value back benefits on all your fuel expenditure. And that’s not all, it also offers 20 reward points for each spend of Rs. 100 at any IndianOil gas station, along with 5 reward points on every Rs. 100 spent on online shopping.