Indian Oil RBL Credit Card: Apply Online, Features & Eligibility

The Indian Oil RBL Credit Card is one of the two co-branded credit cards from RBL Bank and Indian Oil, the other being the Indian Oil RBL Bank XTRA Credit Card. This card is ideal for individuals whose fuel expenses are incurred at Indian Oil stations or those who live within a convenient proximity.  

Since the value of 1 Fuel Point = Rs.0.50, one can easily say that this Indian Oil RBL Bank Card offers a high reward rate of 5%. In addition, one does not pay any surcharge on the fuel which results in the overall savings amounting to an additional 6%. This could be the best credit card in 2025 in the fuel category. Continue reading to discover all the features of this Indian Oil credit card.

Indian Oil RBL Bank Card - Features & Benefits

• Membership Fee: Rs.500 + GST.

• Recurring Fee: Rs.500 + GST.

• Best Suited For: Fuel.

• Type of Rewards: Rewards Points.

• Initial Benefits: 1,000 Fuel Points.

• Cinema & Dining: N/A.

• Points Earning Rate: 10 Fuel Points per Rs.100 Purchases at Indian Oil Fuel Stations. One Fuel Point for every Rs.100 spent on other qualifying transactions.

• Redemption Claims: 1 Fuel Point = Rs.0.50 for claims made at Indian oil stations.

• Transport: N/A.

• Lounge Access Within The Country: N/A.

• Foreign Lounge Access: N/A.

• Golf Courses: N/A.

How to Apply for Indian Oil RBL Bank Credit Card Online?

To apply and buy online this Indian Oil card simply click on Indian Oil RBL Bank Credit Card Apply Online.

Indian Oil RBL Credit Card Eligibility

One would be eligible for this card if he meets the following eligibility criteria:

• If he is a minimum of 18 years of age.

• Has a regular source of income.

• Has a good credit score (750+).

Pros

• Up to 6% savings on IOCL fuel purchases, compared to competitors, is preferred.

• New users have a welcome benefit that is equal to the card joining fee.

• Low annual fee with easily achievable fee waiver spending condition.

• Such low redeemable place on points is offset by the decent Fuel Points redemption ratio of 2:1.

Cons

• There are complaints regarding the low non-fuel spending categories during which no rewards are earned.

• There is also frustration in the inability to take full advantage of capped Fuel Points earnings and having limited options to redeem them at face value.

Conclusion:

The Indian Oil RBL Bank Credit Card is known to be the best option for fuel credit cards for those who use Indian Oil petrol stations frequently. It allows savings of up to 6% on fuel purchased. It has a very low annual fee and also offers a welcome bonus that covers the joining fee, which makes it a good value as well. However, the rewards are limited on non-fuel spending, and redemption options are also limited. Overall, this is a good fuel credit card for regular Indian Oil customers.

Disclaimer: No buy or sell recommendation. No advice or suggestion was given regarding the purchase. Perform research at your end or take advice from certified financial advisors. The details mentioned are as of the writing of this content (21 Feb 2025) and might change in the future.