29 Credit Cards with Fuel Surcharge Waiver, Benefits

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Fuel prices in India have sky rocketed and the cost also includes the 2.5% surcharge (transaction fee) charged across all the petrol pumps in India. And taking advantage are the credit card companies as they are enticing customers by offering surcharge waiver on select or all petrol pumps in order to sustain the competitive and yet a very profitable market. On the other hand, customers especially long distance travellers also get benefit as they save good amount of money on fuel. If not these, they also get cash back. There are many other benefits offered on such cards like reward points, shopping discounts etc.

Credit card with fuel surcharge waiver is offered by many issuers and most of them offer co-branded cards by partnering with oil companies like HPCL, BPCL, IOC or Reliance. Listed below are the credit card issuers along with the waiver offered on the fuel:

Card IssuerCard NameWaiver Offered at Which Petrol PumpWaiver OfferedFuel Amount RequiredJoining Fee
ICICI BankHPCL Coral American Express Credit CardHindustan Petrochemical Limited (HPCL)2.5%NARs. 199
ICICI BankHPCL Coral Visa/MasterCard Credit CardsHindustan Petrochemical Limited (HPCL)2.5%NARs. 199
CitibankIndianoil Platinum Credit CardIndian Oil Corporation (IOC)
2.5%NAGiven at the time of buying
Standard CharteredSuper Value TitaniumIndian Oil Corporation (IOC)2.5%NARs. 499
HSBC
MakemyTrip Credit Cards
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
NA
HSBC
Platinum Cards
All petrol pump
2.50%
NANA
HSBC
Premier Cards
All petrol pump
2.50%
NANA
State Bank of IndiaSimplySAVE
All petrol pump
2.50%
Between Rs. 500 - Rs. 3,000
NA
State Bank of IndiaSBI Maruti Card
All petrol pump
2.50%
Between Rs. 500 - Rs. 3,000
NA
Andhra Bank
Signature Credit Cards
All petrol pump
2.50%
Upto Rs. 4,000 per day
Zero
Andhra Bank
Platinum Credit Card
All petrol pump
2.50%
Upto Rs. 2,000 per day
Zero
Axis Bank
Platinum Credit Card
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 500
Axis Bank
Signature Credit Card With Lifestyle Benefits
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 5000
Axis Bank
Signature Credit Card With Travel Benefits
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 1500
Axis Bank
My Zone
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 500
Axis Bank
MY Wings
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 1200
Axis Bank
MY Business
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 999
Axis Bank
Titanium Card
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 250
Axis Bank
Insta Easy
All petrol pump
2.50%
Between Rs. 400 - Rs. 4,000
Rs. 500
HDFC Bank
Platinum Plus
All petrol pump
Capped at Rs. 250 every billing cycleNANA
HDFC Bank
Titanium Edge
All petrol pump
Capped at Rs. 250 every billing cycleNANA
HDFC Bank
Solitaire
All petrol pump
Capped at Rs. 250 every billing cycleNANA
HDFC Bank
Visa Signature
All petrol pump
Capped at Rs. 250 every billing cycleNANA
HDFC Bank
Platinum Edge Credit Card
All petrol pump
Capped at Rs. 250 every billing cycleNANA
HDFC Bank
World Mastercard
All petrol pump
Capped at Rs. 250 every billing cycleNANA
HDFC Bank
MoneyBank
All petrol pump
Capped at Rs. 250 every billing cycleNANA
Punjab National BankGlobal Platinum
All petrol pump
2.50%
Between Rs. 400 - Rs. 3,000
NA
Punjab National BankGlobal Gold Card
All petrol pump
2.50%
Between Rs. 400 - Rs. 3,000
NA
Punjab National BankGlobal Classic Card
All petrol pump
2.50%
Between Rs. 400 - Rs. 3,000
NA

Although 2.5% is a small fee, it should not be the only reason to purchase the credit card. Other factors to be considered before signing the application form are:

  1. Annual fee: Always go for a card with zero annual fee.
  2. Joining fee: Choose a low or zero joining fee card.
  3. Renewal fee
  4. Interest rate: The natural choice should be cards with lowest interest rate.
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