In-depth review
RBL Bank IndianOil XTRA Credit Card
The premium tier of RBL's IndianOil fuel co-brand: 15 fuel points per ₹100 at IOCL (each worth ₹0.50, ~7.5% value, ~8.5% with the surcharge waiver), capped 2,000 points/month, on a ₹1,500 fee waived at ₹2.75 lakh. One of India's highest fuel earn rates — for heavy IndianOil drivers who can use the cap.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹1,500 in vouchers, points or cashback in year one — conditional on ₹500 of spend within 30 days of card set-up
15 points/₹100 on Fuel (~7.5% value)
15 fuel points per ₹100 at IndianOil (~7.5% value, ~8.5% with surcharge waiver), capped 2,000 fuel points a month
1% on Other
2 fuel points per ₹100 on non-fuel spends (~1%); 1 fuel point = ₹0.50 toward fuel at IndianOil, ₹0.10 elsewhere; utilities, insurance, rent, wallets, education, government services and EMI earn nothing and do not count toward the quarterly milestone
Annual Fee Waiver
Fee of ₹1,500 + 18% GST (₹1,770 all-in)/yr fully waived when you spend ₹2,75,000/year
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹200/month
Milestone Bonus
~₹2,000 in bonus rewards on hitting annual spend milestones
⛽ FUEL BENEFITS
Co-branded card — maximum savings at IndianOil stations.
Up to 8%
Fuel reward rate
1%
Surcharge waiver
₹200
Waiver cap/month
PARTNER FUEL STATIONS
- Co-branded card — maximum rewards at IndianOil fuel stations
- Up to 8% effective return on fuel purchases
- 1% fuel surcharge waiver at all fuel stations
For heavy IndianOil spenders — ₹10,000 to ₹13,300 a month on fuel fills most or all of the 2,000-point monthly cap — who also put enough other spend on the card to reach the ₹2.75 lakh waiver (fuel alone gets there only at about ₹23,000 a month). Light fuel users are better off with the cheaper base RBL IndianOil card.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.50. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Fuelonly at IndianOil (IOCL) fuel stations | reward points | 7.5%15 pts/₹100 × ₹0.50 | ₹1,000 |
| Other | reward points | 1%2 pts/₹100 × ₹0.50 | — |
Fuel: 15 fuel points per ₹100 at IndianOil (~7.5% value, ~8.5% with surcharge waiver), capped 2,000 fuel points a month · IndianOil (IOCL) fuel stations
Other: 2 fuel points per ₹100 on non-fuel spends (~1%); 1 fuel point = ₹0.50 toward fuel at IndianOil, ₹0.10 elsewhere; utilities, insurance, rent, wallets, education, government services and EMI earn nothing and do not count toward the quarterly milestone
Earns nothing on: Utility Bills · Insurance · Rent · Wallet Loads · Cash Advances · Education · Government & Tax · EMI Conversions
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹1,770 |
| Joining fee (incl. 18% GST) | ₹1,770 |
| Finance charge (APR) | 3.99% p.m. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap ₹200 |
Perks & benefits
Estimated annual value beyond rewards — ~₹4,400/yr in total.
1% fuel surcharge waiver up to ₹200 each month, on individual fuel transactions between ₹500 and ₹4,000
1,000 fuel points for every ₹75,000 spent in a calendar quarter, up to 4,000 points a year — a ₹3,00,000 annual equivalent, but only if the quarterly bar is cleared all four times
Should you get it?
- Best for: Heavy IndianOil (IOCL) fuel spenders (₹10,000+ a month), Drivers who can use the full 2,000-point monthly cap
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on everyday spends (1% back; 7.5% only at IndianOil (IOCL) fuel stations).
Pros & cons
✓ Pros
- About 8.5% value back on IndianOil fuel — among the highest in India
- 1% fuel surcharge waiver up to ₹200/month
- 3,000 welcome fuel points plus 1,000 points per ₹75,000 quarterly milestone
- Up to 250 litres of free petrol a year as fuel points, per RBL
✕ Cons
- Accelerated fuel earning is capped at 2,000 fuel points (~₹13,300 fuel spend) a month
- The ₹1,500 fee only waives at ₹2.75 lakh of annual spend
- Fuel points are worth ₹0.50 only as fuel at IndianOil — ₹0.10 anywhere else
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Redeem fuel points for fuel at IndianOil (IOCL) outlets — ₹0.50 a point
- 🎁Redeem fuel points via the RBL rewards portal — ₹0.10 a point
- 🎁RBL Rewards conversions above 5,000 points escape the ₹99 + GST redemption fee
What your RBL Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Standard redemption
Brand & e-gift vouchers
The top rate is capped at 2,000 fuel points a month and the ₹1,500 fee only waives at ₹2.75 lakh of annual spend — light fuel users won't recover it, and points redeem essentially only for fuel.
Frequently asked questions
How much value back does it give on fuel?
Is there a redemption fee?
Is there a monthly cap on fuel points?
How is XTRA different from the base RBL IndianOil card?
Is there a RuPay / UPI version?
How has the RBL Bank IndianOil XTRA Credit Card changed over time?
Has the RBL Bank IndianOil XTRA Credit Card been devalued recently?
When did the RBL Bank IndianOil XTRA Credit Card's fees last change?
The bottom line
For a high-mileage IndianOil driver this is one of the best fuel cards in India — ~8.5% back plus a ₹200/month surcharge waiver and generous welcome and milestone fuel points. Just size it to your fuel spend: below the 2,000-point cap and the ₹2.75 lakh waiver, the ₹1,500 fee bites.
How this page was built
Counted from this card’s own record: 2 earn rules, 1 of them capped, 1 paid only at named merchants, the spends listed as earning nothing and 2 recorded perks. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the RBL Bank IndianOil XTRA Credit Card are taken from RBL Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for RBL Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
Best Fuel Credit Cards in India 2026: Top Picks for HPCL, BPCL and IndianOil
The best fuel credit cards in India return roughly 4–8.5% on petrol and diesel through reward acceleration plus a 1% fuel surcharge waiver. This guide names the best card for each pump — IndianOil, HPCL, BPCL — and, if you have no preferred pump, the brand-agnostic cards that still pay on fuel.
RBL Bank IndianOil XTRA Credit Card
The premium tier of RBL's IndianOil fuel co-brand: 15 fuel points per ₹100 at IOCL (each worth ₹0.50, ~7.5% value, ~8.5% with the surcharge waiver), capped 2,000 points/month, on a ₹1,500 fee waived at ₹2.75 lakh. One of India's highest fuel earn rates — for heavy IndianOil drivers who can use the cap.
RBL Bank IndianOil Credit Card
RBL's fuel co-brand — the successor to the discontinued RBL BPCL SuperCard, now aligned to IndianOil. It earns about 5% value back as fuel points at IOCL pumps (10 points per ₹100, each worth ₹0.50, capped 1,000 points/month) plus a 1% surcharge waiver, on a low ₹500 fee waived at ₹1.75 lakh. A clean single-purpose fuel card for IndianOil drivers.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2024 · last change Jan 2026
2026
- ▼ FeeObserved Jan 2026 · Effective 7 Jan 2026
New 1% fee on large FASTag top-ups and toll payments
No FASTag or toll transaction fee→1% fee on any FASTag-loading or toll-payment transaction above ₹10,000
From 7 January 2026 RBL Bank charges a 1% fee on any single FASTag-loading or toll-payment transaction above ₹10,000, measured per transaction per card, across merchant category codes 4784, 4111 and 4131. Because the threshold is per transaction rather than a monthly aggregate, it bites on one-off large FASTag top-ups rather than on regular commuting; splitting a top-up below ₹10,000 avoids it. The fee sits alongside RBL's existing 1% charges on rent, on utility spends above ₹50,000 a month, on fuel transactions above ₹10,000, and on education payments routed through third-party apps. It is a fee on the transaction, not a change to reward earning — these categories already earn no reward points on most RBL cards.
Verification: RBL Bank ↗ · Confidence: High
2024
- ▼ FeeEffective 15 Oct 2024
New 1% fee on large fuel & utility transactions
No category surcharge beyond standard terms→1% on single fuel spends above ₹10,000; 1% on monthly utility spends above ₹50,000
Effective 15 October 2024, RBL added a 1% fee on any single fuel transaction above ₹10,000 (capped ₹3,000 per transaction) and a 1% fee on utility spends exceeding ₹50,000 in a month, alongside a 1% fee on third-party-app education payments. This bank-wide Schedule-of-Charges change matters most for a fuel co-brand card: large single fill-ups above ₹10,000 now carry the 1% fee on top of the existing surcharge-waiver cap. The card's core 15 Fuel Points per ₹100 IOCL earn rate and 2,000-point monthly cap were unchanged.
Verification: RBL Bank ↗ · Confidence: High
- ◆ LaunchEffective 9 Sept 2024
IndianOil XTRA launched — RBL's premium fuel co-brand
RBL Bank launched its IndianOil (IOCL) co-branded credit-card offering on 9 September 2024, with the XTRA as the premium tier above the base IndianOil card. It earns 15 Fuel Points per ₹100 at IndianOil outlets (each point worth ₹0.50 toward fuel, ~7.5% value, capped at 2,000 Fuel Points a month) and 2 per ₹100 elsewhere, plus a 1% fuel-surcharge waiver up to ₹200/month, 3,000 welcome Fuel Points and 1,000 points per ₹75,000 quarterly milestone, at a ₹1,500 annual fee (waived at ₹2.75 lakh spend). Fuel Points are a closed-loop IOCL currency, not standard RBL Reward Points.
Verification: CardAdvisor Research · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/rbl-indianoil-xtra#value-timeline">RBL Bank IndianOil XTRA Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).
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