Top 5 Best Fuel Credit Cards in India 2024

The fuel price has been on a hike for many days, but it has gone to a whole new level ever since this lockdown. While we all have been utterly dependent on automobiles, it is also taking a significant toll on our financial quota.

With the increasing prices, it has become almost impossible to save even a bit. Not only that, many a time, you might not have enough cash to pay for the fuel in an emergency situation. And if that’s where you’re stuck at, you’ve come to the exact right place searching for a solution.

This article will let you know about some of the best fuel cards in India to guide you through this state of inconvenience.

Many people don’t prefer to keep hard cash in hand. Instead, they prefer plastic money. Fuel Cards help you with your daily fuel expenses and assist you in terms of cashback, savings, reward points, and others.

Also Read: How to Save on Petrol Expenses in India?

Here are some top listed fuel credit cards available in India -

Issued by the Standard Chartered Bank, this card is a contact less credit card, and a stable income of minimum Rs 55k monthly is the criteria to print this card.

Benefits:

1. You earn a reward of one point for every Rs 150 transaction.
2. You can even earn cashback on phone, fuel and utility bills, which is in general 5% of the expenses.
3. You can also get Prime Membership of Rs 20,000 per month according to it's Priority Banking Member Policy.

We thank our Dimer pnagaraj for sharing some useful info as stated below:

"It gives cashback for all fuel expenses. If I spend Rs.1000 for petrol, then 1% fuel surcharge will be added and shown in statement. In few days, this surcharge and some GST gets waived. And Rs.40 cashback will reflect in rewards statement. They advertise it as 5%, but it’s effectively 4% cashback for us. And so many changes to their terms over past 3 years. Annual maintenance Rs.750 + GST will be charged and waived later if your annual spend was greater than 90k. And maximum cashback is limited to Rs.200 per month".

Distributed by CitiBank, this fuel card is considered to be one of the best by many Indians. The best feature about this fuel card is that if you can spend a minimum of 30k on this card during one financial year, your taxes will be excluded, plus a cash amount of 1000.

Benefits:

1. You earn specific turbo points for each expenditure- on fuel, groceries and shopping.
2. You get 4 turbo points on fuel, 2 on groceries and 1 on other expenses.
3. You can also redeem your rewards instantly.

Coming at an actual user-friendly price, you need to have a stable monthly income of 25k(minimum) to get yourself this card issued.

This card is issued by the State Bank of India itself. Going by its name, BPCL SBI Card is one of the best co-branded cards to maximize savings on fuel purposes.

Benefits:

1. This card offers you a 2000 bonus welcome reward and you earn several various other reward points.
2. You can use this card to pay for your electricity bills, telephone bills, and other utility bills, with countless transactions.
3. This card gives you the freedom of not paying the 1% fuel upsurge across all the BPCL outlets.

This card is accepted internationally at over 24 million outlets, including over 3.5 million outlets in India, which is why this is the most used fuel credit card in India.

This is the only card which helps you to keep track of the increasing fuel prices. Issued by the ICICI Bank, besides staying updated about the costs, you can even enjoy exclusive dining offers through the ICICI Bank Culinary Programme.

Benefits:

1. You get to enjoy 2.5% cashback, as well as 1% savings on fuel overloads.
2. A nominal sum of GST and Rs 199 is required as the issuing fee for this card.
3. You get to enjoy 2 PAYBACK points on every expense except for fuel.

Issued by the YES Bank, this card will reward you with 1% over every 100 rupees of your expenses.

Benefits:

1. You can enjoy several rewards, including bonus up to at least 20,000 points.
2. The fuel points earned can even be used to pay off your bills.
3. You get 8 points on every Rs 100 spent, which helps to save you 2% of the fuel expenses.

This card is really attractive and helpful to those who are interested in earning rewards and fuel points.

India thus provides several fuel credit cards with numerous features and benefits for all types of users. So what are you waiting for? Go and get yourself a personalized fuel credit card today itself and enjoy a cash-free period with no more worries of savings.