IndianOil HDFC Bank Credit Card

Annual fee

₹500 a year.

Joining fee

₹500 + GST

Fee waiver rule

Fee waived if you spend ₹50,000.

Add-on card fee

₹0

Welcome benefit

Complimentary IndianOil XTRAREWARDS™ Program (IXRP) membership.

Reward rate

1 Fuel Point per ₹150 · everyday spends1 Fuel Point for every ₹150 spent on other purchases, including UPI transactions

EMI spend earning

Reward Points will not be accrued for EMI (all type)

Fuel earning

Earn 5% of your spends as Fuel Points at IndianOil outlets.

Government spend earning

No Reward Points accrual on Spends made on Government category payments.

Groceries earning

Earn 5% Fuel Points on Groceries & Bill Payments (max 100 points/month per category)

Insurance spend earning

Reward Points will not be accrued for Insurance.

Online earning

Link your IndianOil HDFC Bank Credit Card on PayZapp; Get ₹1,000 CashBack on Shopping in-app over 200 plus brands.

Rent earning

No Reward Points accrual on Spends made on Rental category payments.

Utilities earning

Link your IndianOil HDFC Bank Credit Card on PayZapp.

Wallet load earning

Reward Points will not be accrued for Wallet.

Reward exclusions

Fuel, Rent, Government related transactions, EMI, Wallet and Jewellery.

Reward caps

IndianOil Outlets: 250 FP (first 6 months), 150 FP (post 6 months); Groceries: 100 FP; Utilities and Bill Payments: 100 FP.

What one reward unit is worth

1 FP = ₹0.96 for fuel transactions at IOCL fuel pumps.

Cashback redemption

(CashBack Redemption against Statement balance where 1 FP = 20 Paise)

Catalogue redemption

Redeem Fuel Points through NetBanking towards catalogue products (where 1 FP = upto 20 paise)

Flight redemption

Value of 1 Fuel Point: Unified SmartBuy (Flights & Hotels) 0.2.

Points transfer redemption

Having Customer ID with XTRAREWARDS Program is necessary since without this membership, you cannot convert Fuel Points accrued on your credit card into XTRAREWARDTM POINTS and use them at IndianOil Fuel Outlets for free fuel redemption; Please ensure that your latest mobile number is updated on IndianOil XTRAREWARDSTM Membership, else your redemption will not get processed successfully.

Redeeming points for fuel

Redemption at participating IndianOil Petrol Outlet by converting Fuel Points into XRP (Xtra Rewards Program where 1 Fuel Point = 3XP = 96 Paise).

Redeeming points for travel

Redemption of Reward Points to CashBack and Travel categories will be capped at 50,000 points per month per customer; Points plus Pay - A maximum of 70% can be paid using Reward Points and the other 30% to be made by payment modes (Cash/Cards/UPI etc.)

Statement-credit redemption

Redemption of Reward Points to CashBack and Travel categories will be capped at 50,000 points per month per customer.

Voucher and product redemption

Product Catalogue & Voucher: redeem your Fuel Points on Smartbuy or Netbanking.

Point expiry

Valid for a period of 2 years.

Milestone benefits

₹250 worth of voucher upon card activation and completion of at least one transaction within 37 days from card issuance date

Fuel surcharge waiver

1% Fuel Surcharge waiver at all Indian fuel stations (min ₹400/transaction, max ₹250/cycle)

Surcharge on railway tickets

1% of the transaction amount + GST will be charged on Railway Ticket Purchases

Balance transfer terms

1% of BT amount or ₹250, whichever is higher.

Purchase to EMI conversion

Option to convert big spends into EMI after purchase available on IndianOil HDFC Bank Credit Card.

Forex markup

3.5% on foreign currency transactions.3.5% mark-up fee on all international / cross currency transactions

Dynamic currency conversion markup

With effect from 15th May 2026, a markup fee of 1.75% is levied on all transactions carried out in Indian Currency at an international location or at merchants located in India but registered overseas

Cash advance fee

2.5% or ₹500 whichever is higher.

Cash advance interest

Finance charge equal to charges on revolving credit, from the date of withdrawal until the date of full payment

Cash withdrawal limit

40% of the Credit Limit.

Interest on unpaid balance

3.75% Monthly, 45.0% Annually

Interest-free period

Up to 50 days of interest free Credit from the date of purchase

Late payment fee

Nil to ₹1300/- (Excl. GST)

Over-limit fee

Over-limit charge of 2.5% of the overlimit amount, subject to a minimum of ₹550, applicable on total outstanding exceeding the credit limit, basis explicit consent

Payment return or dishonour fee

2% of Payment amount subject to minimum of ₹450 (applicable for cheque payment return or unsuccessful payment attempt through Autopay facility)

Statement or duplicate statement fee

₹10

Card replacement fee

₹199 for non-metal cards; ₹3,500 for metal cards.

Cash payment / cash deposit fee

₹100 (for all card payments made by depositing in HDFC Bank branches or ATMs)

Education / school fee charge

1% fee on education transactions done through third party applications like (but not limited to) CRED, Nobroker, Cheq etc., capped at ₹4999 per transaction; education transactions done directly through college / school websites or through POS machines at their premises, and international education transactions, will not be charged.

EMI conversion fee

Smart EMI processing fee: upto ₹849 (exclusive of GST for all loan amounts)

Fee for paying the bill by cheque

For Cheque value upto ₹5,000 - ₹25 and for above ₹5,000 - ₹50

Fee on online skill-based gaming spends

From 1st July 2025, 1% fee on online skill-based gaming spends exceeding ₹10,000 in a calendar month; fee applied on the total online skill-based gaming spends in the calendar month; fee capped at ₹4999 per month

Foreign ATM fee

Cash from ATMs in India or abroad: transaction fee of 2.5% or ₹500, whichever is higher, levied on the amount withdrawn and billed in the next statement.

Reward redemption fee

₹99+Taxes towards redemption handling charges

Wallet load charge

From 1st July 2025, 1% fee on wallet loading spends (excl PayZapp) exceeding ₹10,000 in a calendar month; fee applied on the total wallet loading spends in the calendar month; fee capped at ₹4999 per month

What the card's fee or benefit year means

Spend ₹50,000 or above in the first year and get a waiver on the renewal membership fee.

Fuel transaction fee

1% fee on fuel transactions exceeding ₹15,000 for consumer cards (₹30,000 for business cards); fee applied on the total transacted amount; fee capped at ₹4999 per transaction.

Rent transaction fee

From 1st July 2025, 1% fee on transaction amount on rental transactions done on any applicable merchant for the month; fee capped at ₹4999 per transaction

Utility transaction fee

1% fee on utility spends exceeding ₹50,000 per calendar month for consumer cards (₹75,000 per calendar month for business cards); fee applied on the total utility spends in the calendar month; fee capped at ₹4999 per month.

GST note

Applicable on all Fees, Interest, and other Charges.

Minimum amount due

MAD (WEF June’25) = Total GST + EMI amount + 100% of Fees/Charges + Overlimit Amount (if any) + 5% of (Finance Charge + Retail Spends + Cash Advance) when that 5% is higher than the Finance Charge; otherwise 100% of Finance Charges + 5% of (Retail Spends + Cash Advance)

Age the primary cardholder must be

Salaried: Minimum 21 years, Maximum 60 Years; Self-Employed: Minimum 21 years, Maximum 65 years

Income requirement

Salaried: Net Monthly Income: > ₹12,000; Self-Employed: Annual Income: ITR > ₹6 lakh per annum.

Income, salaried

Net Monthly Income: > ₹12,000.

Income, self-employed

Annual Income: ITR > ₹6 lakh per annum.

Minimum age

Minimum 21 years

Documents required

Identity Proof: Passport, Aadhaar card, Voter ID, Driver's licence, PAN card; Address Proof: Aadhaar card, Passport, Utility bills, Rental agreement, Bank statement; Income Proof: Salary slips, Form 16, Income Tax Returns (ITR), Bank statements

Residency

Nationality: Indian