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HDFC Bank

IndianOil HDFC

RuPay · Visa

IndianOil HDFC

HDFC Bank · RuPay · Visa

Quick answer

IndianOil HDFC by HDFC Bank has an annual fee of ₹500 and APR of 43%. Best for fuel and no-annual-fee. Pay the full bill every month — carried balances cost far more than any reward.

Rates verified 26 Jul 2026Check eligibility on HDFC Bank

Opens the issuer's site. MoneyRadar has no paid placement here.

Joining fee

₹500

Annual fee

₹500

Forex markup

4%

APR

43%/yr

Fee waiver: Annual fee waived on ₹50,000 spend a year

What you earn

  • 5%5% value back at IndianOil outlets
  • 3%on groceries spends
  • 1%on general spends

Lounge access

No domestic lounge access

Who it's for

Minimum income ₹20,000/month · credit score 700+. For salaried, self-employed.

Income and score are screening estimates, not an approval promise. The issuer makes the final call.

Check the issuer's terms

Card rules change without much warning. We checked this snapshot on 26 July 2026. Open the issuer's current terms ↗

What's great

  • Cheap fee, easy waiver
  • Fuel + groceries combo
  • Low income requirement

Watch out for

  • Rewards best only at IndianOil
  • No lounge

Compare head-to-head

One honest reminder: a card is only worth it if you clear the full bill every month. At 43% a year, carried balances cost far more than any reward here is worth.