Fuel comprises an essential part of our day-to-day life, and in such case, it would be much appreciable if you get a card which will reward you in this regard. This card best suits those who spend a lot of money on fuel.
It is also best for taxi operators, as these are the people who pay a lot for fuel and with the help of fuel cards they will get a good reward in return.
You Can Also Read
Now, let’s look at some of the cards that will give good rewards or cashback on fuel spends.
Best Credit Cards In India
1. HDFC Bharat Cashback Credit Card
This is one of the beginner cards by HDFC & also one of the rare cards that give 5% of cashback which is capped at max. Rs.150/month on fuel spend.
Good if you spend nearly Rs.5000 per month.
- Joining Fee: Rs.500+GST
- Read Full Review: HDFC Bharat Cashback Credit Card
2. Standard Chartered Super Value Titanium Credit Card
This is another card which will give you benefit if you spend more on fuel. Here you will get 2.5% cashback on fuel spend.
Here you will be get 100% cashback up to INR 1500 at Fuel Pumps within first 90 Days.
- Joining Fee: Rs.750+GST
- Read Full Review: Standard Chartered Super Value Titanium Credit Card
3. Indusind Iconia AmEx Credit Card
It is not a fuel credit card, but it has outstanding rewards for the fuel spends. The reward rate on the fuel is the same as rewards on other spends. The best thing about the card is that you can convert reward points against cash credit on the statement.
Iconia offers vouchers from different brands as a welcome gift. However, it comes under the premium card segment and has high joining fees.
- Joining Fee: Rs.3,499+tax
- Read Full Review: Indusind Iconia AmEx Credit Card
4. SBI BPCL Fuel Credit Card
SBI, in collaboration with BPCL, launched a dedicated fuel card to give maximum rewards on fuel spend. It gives nearly 4.25% value back on purchasing fuel through BPCL petrol pumps.
The maximum you can get 1500 Reward Points per billing cycle. You will get 5X reward points on few other spends.
- Joining Fees: Rs.499+Tax
- Read Full Review: SBI BPCL Fuel Credit Card
5. American Express Gold Charge Card
American Express is not so aggressive in giving rewards and cashback. However, this time it offers short-term promotion, giving a 3% reward on fuel spend.
Gold charge card offers you luxurious benefits in the form of elite tier memberships, culinary treats, and a lot more.
This card has relatively low fee during the joining year.
- Joining Fee: Rs.1000+Tax (for 1st year)
- Read Full Review: American Express Gold Charge Card
Along with these, few other cards give decent returns on fuel spends. But because these are better than those, you can choose any of them as per your eligibility.
Some cards will give reward points, or some will provide cashback. But if you tend to spend low on fuel, then it is better to pay in cash as it will save you from unnecessary service tax.
You can check our article on fuel surcharge to know how this credit cards work.