Indian Oil RBL Bank XTRA Credit Card

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Best For: Fuel

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Indian Oil RBL Bank XTRA Credit Card

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The Indian Oil RBL Bank XTRA Credit Card is intended for frequent petroleum consumers and everyday customers who are interested in maximising their rewards and savings. Its unique selling proposition is the provision of enhanced benefits on petroleum expenditures at Indian Oil stations, as well as rebates and reward points for commonplace expenses such as consumables, dining, and shopping. It is most suitable for budget-conscious individuals, working professionals, and commuters, as it offers exclusive discounts on petroleum, cashback on utility bills, and purchasing rewards. This card is the perfect choice for individuals who desire to earn value-driven rewards and experience petroleum savings with each transaction.

Card Details

Type of Card

Fuel

Reward %

0.085%

Joining Fees

Renewal Fees

1500

APR

47.88%

Welcome Benefit

"Get 3,000 Fuel Points on beginning the journey. Just shop for INR 500 in one transaction within first 30 days of getting your card"

Renewal Benefits

"Annual fee waived if you spend more than INR 2,75,000 per year. "

USP's:

Get accelerated 15 fuel points on every INR 100 spent at IndianOil fuel stations (Maximum 2,000 fuel points per month)

Fees & Charges

Joining & Renewal Fees

0,1500

Interest & Charges

Additional Charges

Rs 99 per redemption request.

Rewards

Regular Fuel Points on Eligible Spends

Earn 15 Fuel Points per 100 Spent

Milestone Benefits

Spend Rs 500 Monthly to get 3000 Fuel PointsSpend 75,000 Quarterly to get 1000 Fuel PointsSpend 2.75 lakhs Yearly to Get Annual Fee Waiver.

Exclusions

Education, Fuel, Government, Insurance, Rent, Trains, Utilities, Wallets

Rewards capping

Redemption modes

Pay by Points at IOCL

Additional Features

travel-3d

Lounge Benefits

  • Domestic : No
  • International : No
cashback-3d

Insurance Benefits

  • None
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Other Perks

  • None

Eligibility Criteria

Age

18Y

Min

60Y

Max

Credit Score

750

Ex Min

Other: Card-to-card eligibility requirements.

Pros

Earn 15 Fuel Points per ₹100 spent at IndianOil fuel stations, equating to a 7.5% value-back.
1% fuel surcharge waiver on fuel transactions, enhancing total savings to 8.5%.
Welcome bonus of 3,000 Fuel Points upon payment of the annual fee and a qualifying transaction within 30 days.
Quarterly milestone benefit of 1,000 Fuel Points on spending ₹75,000 in a quarter.
Annual fee waiver upon reaching ₹2.75 lakh in annual spends.

Cons

Monthly cap of 2,000 Fuel Points on fuel spends, limiting maximum monthly savings.
Non-fuel spends earn only 2 Fuel Points per ₹100, translating to a modest 1% value-back.
Annual fee of ₹1,500 plus GST, which may be considered high by some users.
Exclusions on earning Fuel Points for categories like utilities, insurance, government services, and wallet transactions.

Terms and Conditions *