Best Fuel Credit Cards

11 cards in this category•Updated September 2026•Verified against Bank MITC

Fuel credit cards waive the 1–2.5% surcharge charged on credit card transactions at fuel stations and offer additional reward points or cashback on fuel purchases. If you fill fuel regularly, the right card pays for itself quickly.

2026 Comparison Matrix

Top Ranked Best Fuel Credit Cards

Verified Bank MITC Terms

Side-by-side comparisonSwipe right for full table

Rank & Credit Card	Fuel Score	Annual Fee	Top Category Perk	Quick Action
#1 SBI Card#1 Leader BPCL SBI Card OCTANE	97/100 EliteOverall: 77	₹1,499Waived @ ₹2,00,000/yr	Up to 6.25% rewards on top categories	Compare
#2 RBL Bank IndianOil RBL Bank XTRA	97/100 EliteOverall: 69	₹1,500Waived @ ₹2,75,000/yr	Up to 8.5% rewards on top categories	Compare
#3 HDFC Bank HDFC Bank Bharat	94/100 EliteOverall: 74	₹500Waived @ ₹50,000/yr	Up to 5% rewards on top categories	Compare
#4 HDFC Bank IndianOil HDFC	94/100 EliteOverall: 74	₹500Waived @ ₹50,000/yr	Up to 5% rewards on top categories	Compare
#5 IDFC FIRST Bank IDFC First Power+	94/100 EliteOverall: 72	₹499Waived @ ₹1,50,000/yr	Up to 5% rewards on top categories	Compare

11 cards found

CardCheck Score

IndianOil RBL Bank XTRA Credit Card

IndianOil RBL Bank XTRA Credit Card

RBL Bank

Best for Fuel savings at IndianOil stations

Fuel WaiverHigh RewardsWelcome BonusShopping

8.5% total on IndianOil fuel by combining 7.5% in accelerated RP (15 Fuel Points per ₹100 spent) with a 1% fuel surcharge waiver
15 Fuel Points per ₹100 spent at IndianOil fuel stations (max 2,000 points/month)
2 Fuel Points per ₹100 on other spends

₹1,500

₹1,500

1–8.5%

47.88%

CardCheck Score

BPCL SBI Card OCTANE

BPCL SBI Card OCTANE

SBI Card

Best for BPCL power users — 25X fuel points (6.25%) + 1% surcharge waiver = 7.25% total

Fuel WaiverLounge AccessHigh RewardsWelcome Bonus

Up to 7.25% value back on BPCL fuel spends
25 Reward Points per ₹100 on BPCL fuel, Bharat Gas, and lubricants (max 2,500 RP/month)
10 Reward Points per ₹100 on dining, movies, groceries & departmental stores

₹1,499

₹1,499

0.25–6.25%

42%

CardCheck Score

IndianOil HDFC Bank Credit Card

IndianOil HDFC Bank Credit Card

HDFC Bank

Best for IndianOil fuel buyers — maximum savings at IOCL pumps

Fuel WaiverHigh RewardsShopping

5% Fuel Points on fuel spends at IndianOil outlets — capped at 250 Fuel Points per month (~₹240/month)
5% Fuel Points on groceries and utility bill payments — capped at 100 Fuel Points/month per category (~₹96/month each)
1 Fuel Point per ₹150 on other eligible retail spends (~0.64% return)

₹500

₹500

0.64–5%

42%

CardCheck Score

ICICI Bank HPCL Super Saver Credit Card

ICICI Bank HPCL Super Saver Credit Card

ICICI Bank

Best for HPCL fuel buyers — maximum savings on petrol pump spends

Fuel WaiverLounge AccessHigh RewardsWelcome Bonus

Up to 5% savings on HPCL fuel spends (4% cashback + 1% fuel surcharge waiver)
Additional 1.5% value back on fuel payments made via HP Pay app
5% rewards on utility bills and departmental store spends (capped monthly)

₹500

₹500

1–4%

45%

CardCheck Score

Indian Oil Axis Bank Credit Card

Indian Oil Axis Bank Credit Card

Axis Bank

Best for Fuel spending at Indian Oil petrol pumps

Fuel WaiverLounge AccessHigh RewardsShopping

4% value back on Indian Oil fuel purchases (as EDGE Reward Points)
100% fuel surcharge waiver on IOCL transactions
1% rewards on all other retail spends

₹500

₹500

0.2–4%

55%

CardCheck Score

Indian Oil Axis Bank Premium Credit Card

Indian Oil Axis Bank Premium Credit Card

Axis Bank

Best for Heavy IOCL fuel users — premium rewards + lounge access

Fuel WaiverLounge AccessHigh RewardsShopping

4% value back on Indian Oil fuel purchases
2% rewards on grocery spends
1% rewards on all other spends

₹1,000

₹1,000

0.2–4%

55.55%

CardCheck Score

IDFC First Power+ Credit Card

IDFC First Power+ Credit Card

IDFC FIRST Bank

Best for fuel savings on HPCL plus everyday rewards

High RewardsWelcome BonusShopping

Welcome benefit: ₹500 HP Pay voucher on meeting activation conditions
Earn up to 6.5% value back on HPCL fuel spends via HP Pay (including Reward Points and HP Pay benefits)
Excellent value for frequent HPCL fuel users

₹499

₹499

1.5–5%

8.5–46.2%

CardCheck Score

SBI Card BPCL

SBI Card BPCL

SBI Card

Best for Fuel Savings

Fuel WaiverHigh RewardsWelcome BonusShopping

Up to 4.25% value back on BPCL fuel spends
13X Reward Points on BPCL fuel, Bharat Gas, and lubricants (capped at 1,300 RP per statement cycle)
5X Reward Points on groceries, dining, movies & department stores (capped at 5,000 RP/month)

₹499

₹499

0.25–3.25%

42%

CardCheck Score

HDFC Bank Bharat Credit Card

HDFC Bank Bharat Credit Card

HDFC Bank

Best for Rural and semi-urban users — 5% cashback on fuel, groceries, utilities

Fuel WaiverHigh Rewards

5% cashback is capped at a combined maximum of ₹150 per month for everyday spends (fuel, grocery, bills)
RuPay card with UPI payment capability
Annual fee waived on ₹50,000 annual spend

₹500

₹500

0–5%

42%

CardCheck Score

IDFC First Power Credit Card

IDFC First Power Credit Card

IDFC FIRST Bank

Best for fuel savings

Fuel WaiverHigh RewardsShopping

up to 6.5% fuel savings
5% rewards on grocery and utility spends
3X rewards on UPI and retail transactions

₹199

₹199

1–3.5%

8.5–46.2%

CardCheck Score

Standard Chartered Super Value Titanium Credit Card

Standard Chartered Super Value Titanium Credit Card

Standard Chartered Bank

Best for Fuel & utility bills — 5% cashback on fuel, phone, electricity (capped)

Fuel WaiverHigh Rewards

5% cashback on telecom bills, fuel, and utility bill payments (capped ₹200/month)
1% fuel surcharge waiver on fuel transactions
Annual fee waived on ₹1.5 lakh annual spend

₹750

₹750

0.2–5%

42%

Frequently asked questions

How does a fuel surcharge waiver work in India?: When you purchase fuel at a petrol pump, banks apply a surcharge of 1%. Fuel cards waive this surcharge, usually for transactions between ₹400 and ₹4,000, up to a monthly cap.
Which fuel card is best?: The BPCL SBI Card Octane and IndianOil HDFC Card are highly rated for high fuel point multipliers.
Can I get cashback on fuel with any card?: No. Standard cashback cards typically exclude fuel transactions from earning regular rewards or cashback. You need a dedicated co-branded fuel card.