Best Overall
Kotak Mahindra Bank Fortune Gold
KOTAK
3.5
Rating
The strongest all-round choice for most readers comparing fuel cards today.
Annual Fee
Free
Reward Rate
100%
BusinessCashbackFuel
14 cards
Updated Mar 15, 2026high confidence
Best Fuel Cards in India (April 2026)
Cards that reduce fuel costs through surcharge waivers, partner rewards, and petrol station tie-ups.
surcharge waiverfuel rewardsHPCLIOCL
14
Compared Cards
1
Free Options
₹485
Average Annual Fee
Built around net savings at the pump
Partner restrictions called out clearly
Useful for both personal and commute-heavy use
TL;DR
Quick Picks for Fuel Cards
These picks are designed to answer the most common category decisions first, before you read the full comparison.
Best for Heavy Spenders
Shaurya SBI Card
SBI
7.2
Rating
Best suited to users who can justify a fee and consistently earn through high monthly spend.
Annual Fee
₹250
Reward Rate
25%
DefenseRewardsFuel
Best Free Option
Kotak Mahindra Bank Fortune Gold
KOTAK
3.5
Rating
The most defensible no-fee pick if you want category value without renewal cost.
Annual Fee
Free
Reward Rate
100%
BusinessCashbackFuel
Expert Insights
Coverage beats headline rate
A slightly weaker earn rate is still the better choice when the partner fuel chain is actually easy for you to use.
Watch transaction caps
Many fuel cards look attractive until monthly limits reduce the value for heavy drivers.
Comparison Table
Compare Fees, Reward Rates, and Ratings
Compare Fuel Cards
Sort by fee, rewards, best-fit tags, or editor rating.
Sorted by rating (high to low)
Shaurya SBI Card
SBI
7.2/10
Annual Fee
₹250
Reward Rate
25%
Best For
Defense, Rewards
Network
RuPay
ICICI Bank HPCL Platinum Credit Card
ICICI
6.5/10
Annual Fee
₹199
Reward Rate
25%
Best For
Fuel, Lifestyle
Network
Visa
BPCL SBI Card Octane
SBI
4.5/10
Annual Fee
₹1,499
Reward Rate
25%
Best For
Fuel, Dining
Network
Visa
IndianOil Axis Bank Premium Credit Card
AXIS
4.0/10
Annual Fee
₹1,000
Reward Rate
20%
Best For
Fuel, Travel
Network
Visa
ICICI Bank HPCL Super Saver Credit Card
ICICI
3.8/10
Annual Fee
₹500
Reward Rate
25%
Best For
Fuel, Utilities
Network
Visa
IndianOil HDFC Bank Credit Card
HDFC
3.8/10
Annual Fee
₹500
Reward Rate
20%
Best For
Fuel, Groceries
Network
RuPay
Accelero ICICI Bank Credit Card
ICICI
3.5/10
Annual Fee
₹499
Reward Rate
25%
Best For
Automobile, Fuel
Network
Visa
Axis Bank Indian Oil Credit Card
AXIS
3.5/10
Annual Fee
₹500
Reward Rate
20%
Best For
Fuel, Shopping
Network
RuPay
BPCL SBI Card
SBI
3.5/10
Annual Fee
₹499
Reward Rate
25%
Best For
Fuel, Grocery
Network
Visa
HDFC Bank Platinum Edge
HDFC
3.5/10
Annual Fee
₹500
Reward Rate
10%
Best For
Cashback, Dining
Network
Visa
ICICI Bank HPCL Coral Credit Card
ICICI
3.5/10
Annual Fee
₹199
Reward Rate
25%
Best For
Fuel, Lifestyle
Network
Visa
ICICI Bank HPCL Titanium Credit Card
ICICI
3.5/10
Annual Fee
₹199
Reward Rate
25%
Best For
Fuel, Lifestyle
Network
Mastercard
Kotak Mahindra Bank - IndianOil Kotak Credit Card
KOTAK
3.5/10
Annual Fee
₹449
Reward Rate
25%
Best For
Fuel, Grocery
Network
RuPay
Kotak Mahindra Bank Fortune Gold
Editor's PickKOTAK
3.5/10
Annual Fee
Free
Reward Rate
100%
Best For
Business, Cashback
Network
Visa
| Card | Action | ||||
|---|---|---|---|---|---|
| ₹250 | 25% | DefenseRewardsFuel | 7.2/10 | ||
| ₹199 | 25% | FuelLifestyleDining | 6.5/10 | ||
| ₹1,499 | 25% | FuelDiningGroceries | 4.5/10 | ||
| ₹1,000 | 20% | FuelTravelDining | 4.0/10 | ||
| ₹500 | 25% | FuelUtilitiesGroceries | 3.8/10 | ||
| ₹500 | 20% | FuelGroceriesBill Payments | 3.8/10 | ||
| ₹499 | 25% | AutomobileFuelLifestyle | 3.5/10 | ||
| ₹500 | 20% | FuelShoppingDining | 3.5/10 | ||
| ₹499 | 25% | FuelGroceryDining | 3.5/10 | ||
| ₹500 | 10% | CashbackDiningFuel | 3.5/10 | ||
| ₹199 | 25% | FuelLifestyleMovies | 3.5/10 | ||
| ₹199 | 25% | FuelLifestyle | 3.5/10 | ||
| ₹449 | 25% | FuelGroceryDining | 3.5/10 | ||
Kotak Mahindra Bank Fortune GoldEditor's Pick KOTAK | Free | 100% | BusinessCashbackFuel | 3.5/10 |
How to Choose
What Matters Most in Fuel Cards
Key factors to compare
- Fuel surcharge waiver rules and eligible stations
- Reward caps on fuel transactions
- Value outside fuel spending in case you use the card elsewhere
What to look for
- A station network you can use consistently
- Meaningful value on your expected monthly fuel bill
- Low fee or easy fee recovery through regular usage
Common mistakes
- Picking a station-specific card without nearby outlets
- Ignoring reward caps that limit heavy users
- Using a fuel card for non-fuel spending with poor returns
Expanded Grid
Individual Card Breakdowns
13 paid cards and 1 free cards in this category.
SBI
Shaurya SBI Card
DefenseRewardsFuel
7.2
Editor Rating
Annual Fee
₹250
Reward Rate
25%
Network
RuPay
Mini Pros
Annual fee of ₹250
25% base reward rate
Good fit for defense
Watchouts
You need enough yearly value to offset the ₹250 fee
ICICI
ICICI Bank HPCL Platinum Credit Card
FuelLifestyleDining
6.5
Editor Rating
Annual Fee
₹199
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹199
25% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹199 fee
SBI
BPCL SBI Card Octane
FuelDiningGroceries
4.5
Editor Rating
Annual Fee
₹1,499
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹1,499
25% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹1,499 fee
AXIS
IndianOil Axis Bank Premium Credit Card
FuelTravelDining
4.0
Editor Rating
Annual Fee
₹1,000
Reward Rate
20%
Network
Visa
Mini Pros
Annual fee of ₹1,000
20% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹1,000 fee
ICICI
ICICI Bank HPCL Super Saver Credit Card
FuelUtilitiesGroceries
3.8
Editor Rating
Annual Fee
₹500
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹500
25% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹500 fee
HDFC
IndianOil HDFC Bank Credit Card
FuelGroceriesBill Payments
3.8
Editor Rating
Annual Fee
₹500
Reward Rate
20%
Network
RuPay
Mini Pros
Annual fee of ₹500
20% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹500 fee
ICICI
Accelero ICICI Bank Credit Card
AutomobileFuelLifestyle
3.5
Editor Rating
Annual Fee
₹499
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹499
25% base reward rate
Good fit for automobile
Watchouts
You need enough yearly value to offset the ₹499 fee
AXIS
Axis Bank Indian Oil Credit Card
FuelShoppingDining
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
20%
Network
RuPay
Mini Pros
Annual fee of ₹500
20% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹500 fee
SBI
BPCL SBI Card
FuelGroceryDining
3.5
Editor Rating
Annual Fee
₹499
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹499
25% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹499 fee
HDFC
HDFC Bank Platinum Edge
CashbackDiningFuel
3.5
Editor Rating
Annual Fee
₹500
Reward Rate
10%
Network
Visa
Mini Pros
Annual fee of ₹500
10% base reward rate
Good fit for cashback
Watchouts
You need enough yearly value to offset the ₹500 fee
ICICI
ICICI Bank HPCL Coral Credit Card
FuelLifestyleMovies
3.5
Editor Rating
Annual Fee
₹199
Reward Rate
25%
Network
Visa
Mini Pros
Annual fee of ₹199
25% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹199 fee
ICICI
ICICI Bank HPCL Titanium Credit Card
FuelLifestyle
3.5
Editor Rating
Annual Fee
₹199
Reward Rate
25%
Network
Mastercard
Mini Pros
Annual fee of ₹199
25% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹199 fee
KOTAK
Kotak Mahindra Bank - IndianOil Kotak Credit Card
FuelGroceryDining
3.5
Editor Rating
Annual Fee
₹449
Reward Rate
25%
Network
RuPay
Mini Pros
Annual fee of ₹449
25% base reward rate
Good fit for fuel
Watchouts
You need enough yearly value to offset the ₹449 fee
KOTAK
Kotak Mahindra Bank Fortune Gold
BusinessCashbackFuel
3.5
Editor Rating
Annual Fee
Free
Reward Rate
100%
Network
Visa
Mini Pros
No annual fee to recover
100% base reward rate
Good fit for business
Watchouts
Benefits may be lighter than premium alternatives
FAQ
Common Questions About Fuel Cards
What is a fuel surcharge waiver?
When you buy fuel, banks typically charge a 1% surcharge. Fuel credit cards 'waive' this fee, effectively saving you 1% on every transaction, provided the transaction amount falls within the bank's specified range (usually ₹400 to ₹4,000).
Can I use my BPCL card at an IndianOil station?
Yes, you can use the card, but you will only earn the 'base' reward rate (usually 0.25% to 0.5%) instead of the accelerated 4-7% fuel rewards. You will also likely not receive the surcharge waiver.
How do I redeem fuel reward points?
Redemption varies by bank. SBI and ICICI allow you to redeem points directly at the pump via POS machines. HDFC and Axis points are often converted into fuel vouchers or credited against your statement through their respective reward portals.