All cards / RBL Bank
IndianOil RBL Bank Credit Card
Entry-level fuel co-brand card for IndianOil loyalists — strong value-back at the pump, easily waived low fee, but little else. A pricier XTRA variant exists with a higher fuel earn rate.
Annual fee
₹500
Joining fee
₹500
Reward type
cashback
Base reward rate
0.5%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to applicants with a credit score of roughly 700+ whose spend is concentrated in fuel. Its annual fee waives if you can comfortably clear the spend threshold.
Rewards & benefits
- Rewards rate: 0.5% base rate
- Domestic lounge access: Not offered
- International lounge access: Not offered
- Golf: Not offered
Benefits by category
- ⛽ Fuel
5% reward rate (capped ₹500/monthly) · 1% fuel surcharge waiver, up to ₹100 a month
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Minimum credit score: 700
- Minimum monthly income: ₹20,000
- Employment: salaried, self-employed
- Age: 21–60
Fees & charges
- Spend-based waiver: Waived on annual spend of ₹1,75,000
- Rewards redemption fee: ₹99 + GST per redemption request
- Foreign currency markup: 3.5%
- Interest rate: 42% p.a.
- Fuel surcharge waiver: 1% fuel surcharge waiver up to ₹100 per month
- Cash advance charges: 2.5% of the amount withdrawn, subject to a minimum of ₹500 per transaction
Benefits
- 1% fuel surcharge waiver, up to ₹100 a month
- 1,000 fuel points (worth ₹500) on the first transaction above ₹500 within 30 days, after the annual fee is paid
- Up to 100 litres of free petrol (as fuel points) annually on ₹20,000/month spends
Pros
- + Strong value-back on IndianOil fuel purchases
- + Low annual fee with an achievable waiver
- + Welcome fuel points bonus
Cons
- − Fuel rewards capped monthly
- − Minimal rewards on non-fuel spend
- − The pricier XTRA variant earns faster on fuel