IndianOil RBL Bank
RBL Bank · Checked 2026-10-09
IndianOil RBL Bank is a paid card focused on fuel savings and reward points, charging ₹500 annually before GST.
CardIQ editorial view
Our take
IndianOil RBL Bank is a paid card focused on fuel savings and reward points, charging ₹500 annually before GST.
Who it suits
- People who prioritise fuel savings.
- People who prioritise reward points.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 10 Fuel Points per ₹100 at eligible IndianOil stations; 1 per ₹100 on other eligible purchases.
- 1 Fuel Point = ₹0.50 for IndianOil XTRA Rewards; these are fuel rewards, not unrestricted cash.
- Fuel surcharge waiver is separate from Fuel Points and has its own cap.
Trade-offs to understand
- IndianOil accelerated earn capped at 1,000 Fuel Points per month.
- Fuel surcharge waiver is separate from Fuel Points and has its own cap.
- The ₹500 annual fee plus GST needs to be justified by benefits you will actually use.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 10 fuel points per ₹100 at eligible indianoil stations; 1 per ₹100 on other eligible purchases valuable enough to clear the fee. Factor in this condition: IndianOil accelerated earn capped at 1,000 Fuel Points per month.
Compare before deciding
- HPCL ENERGIE BOBCARD — A similarly priced alternative for comparing reward points and fuel savings.
- ICICI Bank HPCL Super Saver — A similarly priced alternative for comparing reward points and fuel savings.
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Benefits, limits and conditions
- IndianOil accelerated earn capped at 1,000 Fuel Points per month.
- 1 Fuel Point = ₹0.50 for IndianOil XTRA Rewards; these are fuel rewards, not unrestricted cash.
- Fuel surcharge waiver is separate from Fuel Points and has its own cap.