Best Credit Card For Rewards On Gas

According to a report, an average Indian spends 17% of their daily income on fuel, the highest among all countries in the world. Moreover, diesel was the most consumed fuel in 2020 with approximately 88 billion liters, followed by petrol with a consumption of roughly 37 billion liters.

Therefore, getting a credit card that offers rewards on gas might be a no-brainer! What’s even better is that most of these cards also offer rewards on other expenses such as dining, grocery, and travel. So, read along as we discuss the five best credit cards for rewards on gas.

Top 5 Credit Cards For Fuel Rewards

Here are the five best credit cards for rewards on gas that you can apply for:

BPCL SBI Octane Credit Card

The BPCL SBI Card Octane is a premium version of the BPCL SBI Card, and it provides a high value back of 7.25% (up to Rs. 4,000) on fuel purchases at selected Bharat Petroleum Gas stations, as well as additional rewards on other expenses such as groceries, movies, and restaurants.

You also get 25 reward points for every Rs. 100 from the Bharat Petroleum website and app on products like BharatGas, BPCL fuel, and other lubricants. These benefits make this card an excellent choice if you spend a significant portion of your monthly budget on petrol, particularly at BPCL outlets.

Additional Benefits:
  • 4 complimentary lounge visits each calendar year at selected domestic airports
  • 6,000 reward points as a welcome bonus
  • Gift vouchers worth Rs. 2,000 on an annual spend of Rs. 3 lakhs
  • 10 reward points for every Rs. 100 spent on groceries, movies, and dining expenses
IndianOil Citibank Credit Card

With this Platinum credit card offered by IndianOil and Citibank, you can earn four reward points for every Rs 150 you spend on gas at any IndianOil gas station. Additionally, you can accumulate extra reward points (up to 267) for each transaction.

Here, one reward point is equal to one rupee's worth of fuel, and you must have a minimum of 250 points to cash them in.

Additional Benefits:
  • Free reward points worth Rs. 250 on successful credit card activation
  • 2 reward points for every Rs. 150 spent on groceries or at departmental stores
  • 1 reward point for every Rs. 150 spent on other purchases.
  • Individuals can redeem these free reward points for gift vouchers
  • Additional discounts on travel and dining
IndianOil HDFC Bank Credit Card

You can also apply for an IndianOil HDFC Bank credit card, with which you can earn one fuel point (FP) for every Rs. 150 you spend on gas at any IndianOil station, and up to 50 litres of fuel for free in a year with these points.

You can earn an additional 250 points over the first six months and up to 150 points afterward.

Additional Benefits:
  • Complimentary IndianOil XTRA Rewards Program (IXRP) membership
  • 5% of the bill amount as FP at IndianOil outlets
  • Additional 5% fuel points on purchases from groceries and bill payments
  • A 1% fuel surcharge waiver on transactions of more than Rs. 400
ICICI Bank HPCL Coral Credit Card

With various cashback and fuel rewards, the ICICI Bank HPCL Coral Credit Card can help you keep your gasoline bills under control. You can get a 2.5% reward on gas purchases with a minimum transaction value of Rs. 500, as well as a 1% fuel surcharge waiver up to Rs. 4,000 at HPCL outlets.

Furthermore, you can redeem 2000 reward points for Rs. 500 in fuel.

Additional Benefits:
  • 2 reward points for every Rs. 100 purchase
  • Zero interest charges for the first 48 days
  • 25% off on movie ticket booking from BookMyShow
  • Complimentary access to airport lounges
  • 5 payback points for every Rs. 100 spent
  • 15% off on selected restaurants
Standard Chartered Super Value Titanium Credit Card

With a Standard Chartered Super Value Titanium credit card, you can earn 5% cash back or one point (equivalent to Rs. 1) for every Rs. 150 spent on gas purchases. Moreover, if you purchase fuel from IndianOil stores, the 2.5% surcharge would be waived.

Additional Benefits:
  • Users will get 5% cashback on fuel purchases, telecom, and utility bill payments
  • Additional 20% cash back on every Uber ride
  • 5X points if you spend overseas (only if you are a premium banking member)
  • One reward point for every Rs. 150 spent on all categories including
  • Access to a priority pass at select airports around the world (1 free access monthly)

Credit Card Charges

Now that you know the rewards these cards offer, here are the charges associated with them**:

Credit Card For Rewards On Gas Annual Charges
BPCL SBI Card Octane Credit Card Rs. 1499 + GST
IndianOil Citibank Credit Card Rs. 1000 + GST
IndianOil HDFC Bank Credit Card Rs. 500 + GST
ICICI Bank HPCL Coral Credit Card Rs. 199 + GST from the second year
Standard Chartered Super Value Titanium Credit Card Rs. 750 + GST

Conclusion

When it comes to finding the best credit card for rewards on gas, it's important to consider a card that offers attractive fuel benefits along with additional savings. With rising fuel costs, a credit card that provides generous rewards on gas purchases can significantly lighten the burden on your wallet.

Furthermore, you can use the BharatNXT app to avail additional rewards on your credit card. The platform enables you to make seamless and hassle-free payments for a wide range of expenses, such as rent, salaries, taxes, and other utility expenses, using your credit card.

Moreover, transacting regularly on BharatNXT enhances your credit limit and credit score. So, download the BharatNXT app now and start reaping the benefits of seamless transactions, interest-free credit, and various other benefits now!

**Please note that the interest rates and card charges mentioned above are subject to change at the credit card company’s sole discretion.