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HDFC · Visa

Indian Oil HDFC Bank Credit Card

Earn fuel points and save on fuel expenses

Annual fee
₹500
Forex markup
3.5%
Lounges (Dom/Intl)
— / —
Welcome benefit
₹250

Is this card worth it for you?

Drag the sliders to match your spend. The number on the right updates live.

Monthly spend₹50,000
% on travel15%
% on dining10%

Remaining 75% goes on everything else (groceries, utilities, online shopping). Earning rate: 1.50% travel · 1.50% dining · 1.50% base.

Net steady-state return
₹9,000 /year
1.50% effective · fee waived
Annual reward earned₹9,000
Welcome benefit (year 1)One-time₹250
Annual fee₹0 (waived)
Joining fee (year 1 only)−₹500
Strong fit at this spend.

After fees, you're earning real money on this card. The break-even moves with your category mix — pull travel up if you fly more, dining if you eat out.

vs Flipkart Axis Bank

At ₹50,000/month with 15% travel and 10% dining.

Metric
Indian Oil HDFC Bank Credit Card
Flipkart Axis Bank
Annual fee
₹500
₹500
Annual reward
₹9,000
₹9,000
Net /year (steady)
₹9,000
₹9,000
Forex markup
3.5%

Tools for Indian Oil HDFC Bank Credit Card holders

Frequently asked

Is the Indian Oil HDFC Bank Credit Card worth the ₹500 fee?

It depends on your spend. The Indian Oil HDFC Bank Credit Card earns 1.5% base reward and waives the annual fee at ₹50,000 of yearly spend. Use the break-even calculator above to see your specific number.

What is the eligibility for Indian Oil HDFC Bank Credit Card?

HDFC typically requires a minimum income of ₹12,000/year for the Indian Oil HDFC Bank Credit Card.

What is the forex markup on Indian Oil HDFC Bank Credit Card?

Indian Oil HDFC Bank Credit Card charges 3.5% forex markup on international transactions.

Verified 38 days agolikelySource: www.hdfcbank.com

Reward rates and fees are sourced from HDFC's product page and may change. Always confirm with the card issuer before applying.