#1₹2,742/yr
IndianOil RBL Bank XTRA Credit Card
15 fuel points / ₹100 · Fuel Masters
Wins this head-to-head — about ₹2,742/yr net after fees on typical spends.
Fuel Masters·RBL Bank
₹500 IOCL co-brand — 5% effective at pumps when converting fuel points to XTRA Rewards (₹0.50/pt).
Age 21–60 · From ₹20,000/mo income · Unsecured
Key Benefits
All 9 benefits →IndianOil fuel
10 fuel points / ₹100
1,000 pts/month (~₹500 at ₹0.50/pt)
Other eligible spends
1 fuel point / ₹100
Fuel surcharge waiver
1%
₹100/month on ₹500–₹4,000 txns
Fee waiver
₹1,75,000
yearly spend
Signup bonus: ₹500 (year 1)
Zero sales calls. Ever.
Caps & exclusions verified · 2026-11-06
At the bank: You complete the application on their website. The bank may follow up on that application — CardHungry never calls or texts you.
We earn commission if approved — at no cost to you.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: RBL IndianOil product page + T&Cs — 1 fuel point = ₹0.50 when converting to IOCL XTRA Rewards (₹0.10 on RBL portal).
BPCL, IOCL & surcharge waivers
Visa/Mastercard/Amex/Diners card — cannot be linked for UPI credit (QR scan) payments. Use the physical card or issuer app for online/POS spends instead.
UPI credit uses RuPay-linked cards on apps like GPay, PhonePe, and Paytm. Rates and exclusions follow issuer MITC — verify before relying on UPI for rewards.
Source: RBL IndianOil product page + T&Cs — 1 fuel point = ₹0.50 when converting to IOCL XTRA Rewards (₹0.10 on RBL portal).
IndianOil fuel
10 fuel points / ₹100
Cap: 1,000 pts/month (~₹500 at ₹0.50/pt)
Other eligible spends
1 fuel point / ₹100
Fuel surcharge waiver
1%
Cap: ₹100/month on ₹500–₹4,000 txns
Example: ₹100/mo spend → ≈ ₹1/mo (max at cap)
Fee waiver at
₹1,75,000 annual spend
Fuel waiver
1% surcharge waiver ₹500–₹4,000, max ₹100/month
See worked examples of how points convert to cash value
fuel — 0.1 pts per ₹1 spend
You spend
₹500
You earn
50 pts
Worth ≈
₹25
@ ₹0.50/point
Capped at ₹500/month spend for accelerated rate
all — 0.01 pts per ₹1 spend
You spend
₹10,000
You earn
100 pts
Worth ≈
₹50
@ ₹0.50/point
Redemption reality: Point value varies — cashback redemption is typically lower than travel partner transfers. We use a conservative ₹0.50/pt in calculations.
Based on moderate spend for this market
Est. net annual
₹1,296
per year
Annual fee
Free
per year
Effective return
0.3%
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 · Bank-listed face fee (ex-GST). NAV math uses face × 1.18 GST.
₹500
Annual / renewal fee
Waived on ₹1,75,000 annual spend
₹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 · ₹20,000/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 ₹1,716/year. After the ₹500 annual fee, net value is approximately ₹1,296/year. Use the calculator above to model your own spends.
₹20,000/month for salaried applicants (indicative — bank decides).
Utilities, Insurance, Quasi-cash, Railways, Rent, Education, Wallets, Government, EMI transactions, Cash.
Deeper rankings and comparisons for similar use cases.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
