All credit cardsRates verified 15 Jun 2026Apply on HDFC Bank
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.
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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.
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.