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Best credit card for Indian Oil in India

The best credit card for Indian Oil in 2026 is SBI Cashback, earning 5.00% back (₹75 on a ₹1,500 spend). Runner-up: IndianOil Fuel Credit Card at 4.00%.

Rates last verified: 6 July 2026

🥇SBI· ₹999 annual

SBI Cashback

5% cashback on online spends (excludes utilities, rent, fuel), capped at ₹5000/month. 1% offline.

₹75
5.00% back
🥈Kotak· ₹449 annual

IndianOil Fuel Credit Card

4% value back as reward points on fuel at IndianOil outlets (24 pts/₹150, 1 pt = ₹0.25), capped ~1,200 pts (₹300)/month

₹60
4.00% back
🥉HDFC· ₹12,500 annual

HDFC Infinia Metal Edition

5 Reward Points per ₹150, redeemable at ₹1/point on Smartbuy flights & hotels

₹50
3.33% back
Show 2 more cards
HDFC Diners Club Black
5 Reward Points per ₹150, redeemable at ₹1/point on Smartbuy flights & hotels
₹50 (3.33%)
ixigo AU Credit Card
2.5% base reward (no special rate for this merchant)
₹38 (2.50%)

Indian Oil rewards compared

CardEffective returnBack on ₹1,500Annual fee
SBI Cashback5.00%₹75₹999
IndianOil Fuel Credit Card4.00%₹60₹449
HDFC Infinia Metal Edition3.33%₹50₹12,500
HDFC Diners Club Black3.33%₹50₹10,000
ixigo AU Credit Card2.50%₹38Lifetime free

How we picked these cards

For every Indian Oil transaction, we calculate the effective % return on each card — the actual rupees back at the best realistic redemption (Smartbuy, EDGE portal, statement credit, or airline transfer). Capped categories are honored, exclusions are noted, and redemption fees are factored in.

Reward rates are sourced from the bank's product page and re-verified by an automated weekly pipeline. The rate you see is what you actually earn, not the headline promo rate. Read the full methodology.

Top recommendations explained

  1. 1. SBI Cashback

    5% cashback on online spends (excludes utilities, rent, fuel), capped at ₹5000/month. 1% offline.

    SBI·₹999 annual fee·Earn ₹75 on this purchase
    Source: www.sbicard.com

  2. 2. IndianOil Fuel Credit Card

    4% value back as reward points on fuel at IndianOil outlets (24 pts/₹150, 1 pt = ₹0.25), capped ~1,200 pts (₹300)/month

    Kotak·₹449 annual fee·Earn ₹60 on this purchase
    Source: www.kotak.com

  3. 3. HDFC Infinia Metal Edition

    5 Reward Points per ₹150, redeemable at ₹1/point on Smartbuy flights & hotels

    HDFC·₹12,500 annual fee·Earn ₹50 on this purchase
    Source: www.hdfc.bank.in

Frequently asked questions

Which credit card gives the most cashback on Indian Oil?

SBI Cashback earns 5.00% effective back on Indian Oil — 5% cashback on online spends (excludes utilities, rent, fuel), capped at ₹5000/month. 1% offline.

How is the "best" card on Indian Oil calculated?

We rank cards by effective rupee return at the best realistic redemption — accounting for monthly caps, exclusions, and redemption fees. Sources are bank product pages, verified within the last quarter.

Can I stack offers and credit card rewards on Indian Oil?

Yes, in most cases bank offers (e.g., 10% off) stack on top of credit card rewards. Always check the offer terms — some "no-cost EMI" or instant discounts disable cashback.

Do reward points expire?

Most Indian banks let you keep points active by spending at least once a year. HDFC and Axis points typically expire after 2–3 years. Amazon Pay ICICI rewards never expire.

Related: best cards for other fuel spends

Last verified: 6 July 2026. Reward rates are sourced from bank product pages and may change. Always confirm with the card issuer before applying.