IndianOil RBL Bank Credit Card
RBL Bank
₹500
Joining fee
₹500, waived at ₹1.8L spend
Annual fee
Joining/annual fee (Rs 500 + GST) waived if annual spend exceeds Rs 1,75,000.
3.5%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹20,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 650+
Estimated — not officially confirmed by the bank.
Lounge access
0 domestic / 0 international visits per year
Reward details
1 Fuel Point per Rs 100 on other purchases
- 10 Fuel Points per Rs 100 (4% approx value back) on IOCL fuel spend — 1,000 points/month
Welcome bonus: 1,000 Fuel Points on first spend of Rs 500+ within 30 days
Category caps
- Fuel surcharge waiver: 1% on Rs 100-5,000 transactions, capped at Rs 100/statement cycle
Redemption
Redeemable at IOCL pumps or toward buying XTRA Reward Points; Paisabazaar separately notes a lower Rs 0.1/point value on the RBL rewards portal.
Ratio: 1 Fuel Point = Rs 0.5 at IOCL pumps
Excluded from rewards: utilities, insurance, quasi-cash, railways, real estate, education, wallets, government services, contracted services, cash, miscellaneous, EMI conversions (excluded from both point earning and fee-waiver spend calculation)
- Up to 100 litres of free IOCL fuel yearly (Paisabazaar). Available on MasterCard and RuPay networks; RuPay variant includes National Common Mobility Card functionality and UPI support.
Real-world feedback
3.5/5 rating (Paisabazaar) — suits IOCL loyalists seeking affordable fuel savings but lacks acceleration on non-fuel categories; low annual fee with achievable waiver threshold called practical for daily commuters with consistent vehicle usage.
Sources
- Official — fees, rewards, exclusions
- Aggregator — lounge claim, rewards, sentiment