IndianOil RBL Bank Credit Card benefits
- Fuel10
fuel points per ₹100 at select IndianOil stations, about 5% back
- Fuel1
fuel point per ₹100 on other eligible spends
- Fuel1,000
fuel points as a welcome benefit
- Fuel1%
fuel surcharge waiver up to ₹100 a month
- Fees
Membership fee ₹500, waived on ₹1.75 lakh of yearly spends
IndianOil RBL Bank Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| IndianOil pumps10 fuel points per ₹100 (5%) at select IndianOil fuel stations, up to 1,000 points a month. That covers ₹10,000 of fuel. Other fuel earns nothing. | 10 points per ₹100 | 1,000 |
| Everything else | 1 points per ₹100 | None |
We value one point at ₹0.5 in the usual redemption.
No rewards on: Fuel at other companies' pumps, utilities, insurance, quasi-cash, railways, rent, education, wallets, government services, contracted services, Bills2Pay, EMI conversions, fees and GST.
All reward rules
- 1 fuel point is worth ₹0.50 when converted to IndianOil XTRAREWARDS and used at IndianOil fuel stations (3 fuel points become 5 XTRAREWARDS points worth ₹0.30 each). On RBL Bank's rewards portal, 1 point is worth only ₹0.10.
- Other eligible spends earn 1 fuel point per ₹100, about 0.5% at the IndianOil value.
- Welcome benefit: 1,000 fuel points (worth ₹500 at IndianOil) on a spend above ₹500 within 30 days, after the membership fee is paid.
- Only select IndianOil stations, listed by RBL Bank, earn the higher rate.
- On RuPay cards, offline UPI payments under ₹2,000 at small merchants earn no points.
- A ₹99 plus GST fee applies when you redeem reward points.
What the IndianOil RBL Bank Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “a bit of everything” pattern, using IndianOil pumps where the card pays extra. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹6,000 | 0.5% | ₹360 |
| Dining and food delivery | ₹3,000 | 0.5% | ₹180 |
| Online shopping | ₹8,000 | 0.5% | ₹480 |
| Travel | ₹3,000 | 0.5% | ₹180 |
| Fuel | ₹3,000 | 5% | ₹1,800 |
| Bills and utilities | ₹3,000 | 0% | ₹0 |
| Everything else | ₹4,000 | 0.5% | ₹240 |
| Total | ₹30,000 | ₹3,240 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹3,240* |
IndianOil RBL Bank Credit Card annual fee and charges
- Joining fee
- ₹500
- Annual fee
- ₹500
- Fee waiver
- ₹1,75,000 a year
- Foreign currency markup
- 3.5%
RBL Bank charges a yearly membership fee of ₹500, with no separate joining fee. It is waived on ₹1.75 lakh of yearly spends, not counting utilities, insurance, rent, education, wallets, government payments, railways and EMI. Fees are before GST.
Fuel surcharge: 1% fuel surcharge waiver on fuel spends from ₹500 to ₹4,000, up to ₹100 a month.
IndianOil RBL Bank Credit Card eligibility
RBL Bank's card page does not state a minimum age or income for this card. RBL Bank checks eligibility when you apply.
The bank alone decides approval and your credit limit.
IndianOil RBL Bank Credit Card lounge access
The bank's terms list no fixed number of free airport lounge visits on this card.
Is the IndianOil RBL Bank Credit Card right for you?
A card with a ₹500 fee that spending can waive, paying 5% at IndianOil pumps and a below-average 0.5% elsewhere.
Worth its fee if you spend about ₹6,000 a month or more. Below that, the ₹500 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot at IndianOil pumps: the card pays 5% back there, against 0.5% on most other spends.
- You spend ₹1,75,000 a year or more (about ₹14,600 a month), so the ₹500 renewal fee is waived.
- You pay by UPI: it is a RuPay card you can link to UPI apps and use at shop QR codes.
Not for you if
- You spend less than about ₹14,600 a month: you would pay ₹590 a year with GST.
- You spend more than ₹10,000 a month at IndianOil pumps: the higher rate stops there.
- You rarely use IndianOil pumps: outside them the card pays 0.5%.
- Much of your spending is on bills and utilities: this earns no rewards.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to IndianOil RBL Bank Credit Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| IndianOil RBL Bank Credit Card | ₹500 | 5% | ₹1,440* |
| IndianOil HDFC Bank Credit Card | ₹500 | 4.8% | ₹3,693* |
| IndianOil Kotak Credit Card | ₹449 | 4% | ₹3,240* |
If most of your spending looks like the example above, the IndianOil HDFC Bank Credit Card may suit you better: it would leave you ₹5,421 a year, against ₹3,240 with the IndianOil RBL Bank Credit Card.
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
What is the annual fee of the IndianOil RBL Bank Credit Card?
RBL Bank charges a membership fee of ₹500 plus GST a year, with no separate joining fee. It is waived if you spend ₹1.75 lakh in the year, not counting excluded categories such as utilities, insurance, rent and wallets.
How much is one fuel point worth?
1 fuel point is worth ₹0.50 when you convert it to IndianOil XTRAREWARDS and use it at IndianOil fuel stations. If you redeem on RBL Bank's rewards portal, 1 point is worth only ₹0.10.
What is the monthly limit on fuel points at IndianOil?
You earn 10 fuel points per ₹100 at select IndianOil stations, up to 1,000 points a month. That limit is reached at ₹10,000 of fuel and is worth ₹500 at IndianOil.
Does fuel at other pumps earn points?
No. Fuel spends earn points only at select IndianOil stations. The fuel surcharge waiver still applies to eligible fuel spends from ₹500 to ₹4,000.
Which networks is this card on?
RBL Bank issues the card on Mastercard and RuPay. The RuPay card can be linked to UPI and works as a National Common Mobility Card.