Best Fuel Cards

Ranked by real fuel cashback under heavy monthly fuel spend — including cards restricted to one oil company's pumps, since that's normal for this category, not a hidden catch.

The Top 10

Methodology

Why oil-brand rates count here

Every card here was individually researched and verified as currently open for applications. This ranking runs the same net-monetary-value engine that powers the Card Finder tool, under a heavy monthly fuel-spend budget — because reward optimization under real spend is exactly what that engine is built to compute correctly.

One deliberate exception to how this app usually treats "restricted" rates: almost every genuinely strong fuel card only pays its real rate at ONE oil company's pumps (BPCL, HPCL, or IndianOil) — that's simply how fuel co-brand cards work in India, not a misleading catch the way a store-specific "online shopping" rate would be. Every rate shown here is the real, achievable rate at that card's own pump network, monthly caps included — a couple of cards with a genuinely strong headline rate but no confirmed monthly cap were left off this list entirely rather than guessed at.

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Best fuel credit cards in India

Fuel credit cards waive the fuel surcharge, typically one percent, and may add reward points on petrol and diesel bought at partner outlets. For someone who drives daily, the savings can add up across a year.

Check the surcharge waiver cap per month, which fuel brands are covered, the minimum and maximum transaction amounts that qualify, and the annual fee. This list ranks fuel cards by net value so you can see which pays back most for your usage.

The ranked list, in plain text

  1. BPCL SBI Card OCTANE: net yearly value about ₹3,991 on the sample spend · annual fee ₹1,499. The highest confidently-capped fuel rate in this pool: 6.25% at BPCL pumps, capped at ₹625/month in rewards — worth the ₹1,499 fee only if you genuinely fill up often at BPCL.
  2. IndianOil HDFC Bank Credit Card: net yearly value about ₹3,514 on the sample spend · annual fee waived at that spend. A genuine 4.8% at IndianOil pumps via Fuel Points (1 FP ≈ ₹0.96 redeemed for fuel), capped around ₹144/month at steady state — richer in the first 6 months, then settles to this rate.
  3. HPCL Super Saver Credit Card (ICICI Bank): net yearly value about ₹3,370 on the sample spend · annual fee ₹500. 4% direct cashback at HPCL pumps, capped at ₹200/month — plus a genuine 5% on groceries and utilities (shared ₹100/month cap) if you also want everyday-spend value alongside fuel, for a ₹500 fee.
  4. IndianOil Kotak Credit Card (Kotak Mahindra Bank): net yearly value about ₹3,270 on the sample spend · annual fee waived at that spend. 4% at IndianOil with the most generous cap of any IOCL-branded card here — ₹300/month — from a major bank rather than an NBFC, for a ₹449 fee.
  5. Super Value Titanium Credit Card (Standard Chartered Bank): net yearly value about ₹3,122 on the sample spend · annual fee waived at that spend. The only card here that isn't locked to one oil brand — 5% cashback at ANY petrol pump, capped at ₹200/month (and only on transactions ₹2,000 or below), plus the same 5% on utility bills.
  6. BPCL SBI Card: net yearly value about ₹2,520 on the sample spend · annual fee waived at that spend. BPCL Octane's cheaper sibling: 3.25% at BPCL pumps, capped at ₹325/month, for a third of the Octane's ₹1,499 fee — the better pick if you don't fill up often enough to justify the premium card.
  7. IndianOil Axis Bank Credit Card: net yearly value about ₹2,164 on the sample spend · annual fee ₹500. The same 4% at IndianOil and ₹200/month cap as the RuPay variant above, but on Visa and a steeper ₹500 fee — only worth it over the RuPay version if you specifically need a Visa/Mastercard network.
  8. IndianOil Axis Bank RuPay Credit Card: net yearly value about ₹2,140 on the sample spend · annual fee ₹500. 4% at IndianOil, capped at ₹200/month, for a low ₹200 fee — the cheapest entry point in this pool, and RuPay/UPI-linkable for everyday scan-and-pay.
  9. ICICI Bank HPCL Coral Credit Card: net yearly value about ₹1,620 on the sample spend · annual fee waived at that spend. The lowest fee in this pool (₹199/₹199) for a modest but genuine 2.5% at HPCL pumps, capped at ₹100/month — a reasonable low-commitment entry point if you mostly want the fee waiver and a small bonus.

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