#1₹3,401/yr
YES ACE Credit Card
4% cashback · Fuel Masters
Best net value on this list — about ₹3,401/yr in your pocket after fees on typical spends.
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Age 21–60 · From ₹25,000/mo income · Unsecured
Fuel Masters·Axis Bank
Best for Indian Oil fuel spenders.
Age 21–60 · From ₹25,000/mo income · Unsecured
Key Benefits
All 8 benefits →IOCL fuel
20 Edge Miles/₹100
₹5,000/mo
Groceries
4X Edge Miles
Fuel surcharge
1% waiver
Fuel
30 pts/150
On ₹5,000/mo spend
Zero sales calls. Ever.
Caps & exclusions verified · 2026-06-12
On the bank's site: You'll apply on the bank's website. They may ask for contact details and follow up on your application.
We earn commission if approved — at no cost to you.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: Axis IOCL T&Cs
BPCL, IOCL & surcharge waivers
Source: Axis IOCL T&Cs
IOCL fuel
20 Edge Miles/₹100
Cap: ₹5,000/mo
Groceries
4X Edge Miles
Fuel surcharge
1% waiver
See worked examples of how points convert to cash value
fuel — 30 pts per ₹150 spend
You spend
₹5,000
You earn
1000 pts
Worth ≈
₹200.00
@ ₹0.20/point
Capped at ₹5,000/month spend for accelerated rate
groceries — 6 pts per ₹150 spend
You spend
₹10,000
You earn
400 pts
Worth ≈
₹80
@ ₹0.20/point
Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹0.20/pt in calculations. Points expire in 36 months if unused.
Based on moderate spend for this market
Est. net annual
₹910
per year
Annual fee
₹590
per year
Effective return
0.2%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹500 · Forex 3.5% on international transactions — tap for full fees
Joining fee
Charged in first year
₹500
Annual / renewal fee
Charged every year unless waived
₹500
Forex markup
3.5% on international transactions
Finance charges
≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid
Late payment fee
₹400–₹1,300 depending on statement balance — always pay on time
Reward redemption fee
Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee
Example: moderate user · Steady year
Signup bonus is excluded here — switch to Year 1 on the hero or open the calculator for first-year value.
Formulas and assumptions: How we calculate NAV
21–60 years · ₹25,000/mo — tap for full criteria
Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.
At moderate spend (₹31,000/mo), gross rewards are about ₹1,920/year. After the ₹500 annual fee, net value is approximately ₹910/year. Use the calculator above to model your own spends.
₹25,000/month for salaried applicants (indicative — bank decides).
Non-IOCL fuel, EMI transactions, Rent.
Deeper rankings and comparisons for similar use cases.
YES ACE Credit Card
4% cashback · Fuel Masters
Best net value on this list — about ₹3,401/yr in your pocket after fees on typical spends.
SBI BPCL Octane
25X points · Fuel Masters
Strong runner-up at ₹2,850/yr net — roughly ₹551 behind #1 on the same spend mix.
IDFC FIRST HPCL Power+ Credit Card
30 pts/₹150 · Fuel Masters
Worth a look — ₹2,260/yr net, still ahead of 0 other eligible cards.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
