Everyone feels the pinch at the petrol pump. With fuel prices rising, finding ways to save is more important than ever. For many Indians, using a credit card designed for fuel purchases is the smartest strategy. These cards offer cashback, rewards, or surcharge waivers, letting you reduce your fuel expenses every month. But with dozens of cards out there, which ones actually deliver the best value? In this guide, we break down the top credit cards for fuel savings, key benefits to look for, and how to maximize your returns every time you refill your tank.
Why Using a Fuel Credit Card Makes Sense
Anyone who drives or rides knows that fuel costs add up. Over the course of a year, a typical user might spend thousands of rupees on petrol or diesel. Credit cards specifically designed for fuel spending can help you save significantly, thanks to features like:
- Cashback on fuel spends
- Reward points for every fuel transaction
- Waiver of fuel surcharge fees (usually 1% or more)
- Exclusive tie-ups with specific fuel station brands
Choosing the right card means you don’t just avoid extra charges—you actually earn money or points back, turning an unavoidable expense into a chance to save.
Top Credit Cards for Fuel Savings in India (2025)
Here are some of the best choices if fuel savings is your priority. We’ve highlighted their main fuel-related features and any standout benefits beyond fuel:
ICICI HPCL Super Saver Credit Card
- 5% cashback on fuel spends at HPCL pumps using the HP Pay app
- 1.5% cashback on utility bill payments and groceries
- 1% fuel surcharge waiver at HPCL
- Additional savings at HPCL through exclusive offers
- No joining fee and a low annual fee
BPCL SBI Card Octane
- 7.25% value back (reward points + surcharge waiver) at BPCL fuel stations
- Accelerated reward points on fuel spends
- Complimentary welcome benefits
- Annual fee is slightly higher but worthwhile if you spend heavily on fuel
Axis Bank IndianOil Credit Card
- 4% value back as reward points on IndianOil fuel spends
- Special rewards on online shopping and dining
- 1% fuel surcharge waiver at all IndianOil stations
- Low joining and annual fees
Standard Chartered Super Value Titanium Credit Card
- 5% cashback on fuel spends at all fuel stations
- 5% cashback on phone and utility bill payments
- 1% fuel surcharge waiver
- Simple earning structure
IndianOil Citi Credit Card
- Turbo Points on IndianOil fuel spends (can be redeemed for free fuel)
- 1% fuel surcharge waiver at IndianOil with minimum monthly spends
- Bonus points on groceries and supermarkets
Features to Look For in a Fuel Credit Card
Don’t just sign up for any card with “fuel” in its name. The best credit cards for fuel savings have the following features:
- High cashback or reward rates on fuel: Aim for 4% or higher.
- 1% fuel surcharge waiver: This applies at most fuel stations, but check restrictions and limits.
- Low or zero annual fee: Higher annual fees only make sense if your fuel spend is significant.
- Brand tie-ups: Some cards offer extra benefits at select oil companies like IndianOil, HPCL, or BPCL.
- Simple redemption options: Make sure cashback or points are easy to use—ideally as direct bill credit or instant fuel redemption.
Maximizing Your Fuel Credit Card Benefits
Getting a fuel credit card is only step one. To make the most of its features:
- Always use your card at partner petrol stations when possible.
- Opt for digital payment options (like HP Pay) to unlock enhanced cashback rates.
- Redeem reward points regularly to prevent them from expiring.
- Watch out for monthly cashback or point caps—plan your spending to avoid missing benefits.
- Pair your fuel card with another card for everyday or online spends to maximize total rewards. For example, the SBI Cashback Credit Card excels for online shopping.
Compare Credit Cards – Which Fuel Card Suits You?
The right card for you depends on your location, preferred fuel brand, and how much you spend monthly. If you mostly fill up at HPCL, the ICICI HPCL Super Saver Credit Card is a strong choice. For BPCL loyalists, the BPCL SBI Card Octane provides excellent rewards, especially for frequent fueling.
If your fuel expenses are spread across multiple brands or you prefer flexibility, consider cards that offer surcharge waivers and cashback across all petrol stations. Always read the reward terms and check for monthly or annual limits.
Zero Annual Fee Card Options
Some cards waive the annual fee altogether, making your savings even more pronounced. For instance, the IDFC FIRST Millennia Credit Card is a lifetime free card and provides decent rewards on every spend, including fuel, though at a lower rate compared to fuel-specific cards. This is a smart pick for those who fill fuel occasionally but want no ongoing fees.
Frequently Asked Questions
Which credit card gives the highest fuel cashback in India?
Currently, the BPCL SBI Card Octane offers up to 7.25% value back, but only at BPCL pumps. If you use HPCL, the ICICI HPCL Super Saver Credit Card delivers up to 5% cashback.
Is there a credit card with zero annual fee that offers fuel benefits?
Yes, options like the IDFC FIRST Millennia Credit Card and Kotak 811 Credit Card have no annual fee and offer some fuel rewards, though not as high as dedicated fuel cards.
Do fuel credit cards work at all brands of petrol pumps?
Some work everywhere but earn higher rewards only at partner fuel stations (like HPCL, BPCL, or IndianOil). Check your card’s terms for brand-specific deals.
How do I apply for a credit card online for fuel savings?
You can easily compare credit cards and apply credit card online using our Find My Card page. Most banks offer digital applications with instant approval for eligible users.
Are there any drawbacks to using a fuel credit card?
Most cards cap fuel cashback or points each month. Also, benefits are reduced if you use a non-partner pump. Always clear dues in full to avoid interest charges outweighing your savings.
Start Saving on Every Refill
The right fuel credit card can become a silent partner in your monthly budget, cutting down your petrol bills with zero extra effort. Review the eligibility, compare options, and make sure your chosen card fits your spending style. If you want to explore more options for travel, shopping, or dining, check out the latest posts on our FinWitty blog or explore our curated list of the best credit cards in India today!