HDFC Bank

IndianOil HDFC Bank

FuelGroceryBills

Apply on bank site

Checked 2 Oct 2026 ·

Annual fee₹500+ GST

Forex markup3.5%

Interest3.75%a month

NetworkVisa / RuPay

You earn

Perks & rules

What changed

15 May 20261.75% markup on rupee payments abroad or to overseas-registered merchants; card reissue fee ₹199 (Fuel Point earn rate unchanged)

1 Aug 2024₹50 fee for redeeming Fuel Points against your bill; 1% fee on rent payments

Worth it?

See what it pays back on your spending, after the fee.Run the numbers

All the fine printEvery detail from the bank's documents, in one place

How you earn

Rewards asFuel Points (reward points)

Base rate1 Fuel Point per ₹150 on other spends, including UPI

Higher rates

IndianOil pumps: 5% as Fuel Points on fuel at IndianOil pumps (card swipe on IndianOil POS)
Groceries, bills: 5% as Fuel Points on groceries and on utility & telecom bills (min ₹150 a transaction)

Limits

IndianOil fuel: 250 Fuel Points a month for the first 6 months, then 150 a month
Groceries: 100 Fuel Points a month; bill payments: 100 a month
Up to 25,000 points per statement cycle

Doesn't earn on

Fuel at other pumps, rent, government, tax, jewellery, EMI, wallet loads, insurance, cash, alcohol stores, bakeries
Online skill-based gaming

Where it landsPosted in the first week of the next calendar month

What a point is worth

Value₹0.96 per Fuel Point as free fuel at IndianOil pumps (1 FP = 3 XTRAREWARDS points × ₹0.32; in blocks of 500); ₹0.20 against your bill (min 12,500 points, ₹50 fee); up to ₹0.20 catalogue/SmartBuy; 0.25 airmile

Expiry2 years; all lost if the card isn't used for 365 days

Redemption fee₹50 per redemption against your bill; ₹99 + GST per catalogue redemption