IndianOil Kotak Credit Card
Save more on every fuel purchase
Annual Fee
₹449
Base Rewards
0.5%
Forex Fee
3.5%
Expert Verdict
The IndianOil Kotak Credit Card is a solid entry-level fuel card, particularly effective for those who frequent IndianOil stations. With the RuPay variant, it adds significant utility through UPI payments.
Quick Match
Is this card right for you?
Great match for your profile!
Your Estimated Value
Year 1
+₹2,801
Includes ₹250 bonus
Year 2+
+₹2,551
Fee waiver eligible!
Why get this card
4% value back on fuel spends at IndianOil outlets
2% value back on grocery and dining spends
UPI integration enabled via RuPay network
Low annual fee waiver threshold of INR 50,000
+1 more benefits
- Complimentary Personal Accident Insurance cover of INR 2 Lakhs
Watch out for
Monthly caps on accelerated fuel and grocery reward points
Low base reward rate of 0.5%
Reward redemption options are primarily fuel-centric
+1 more considerations
- No lounge access benefits
Who is this card for?
Best for
fuel spenders
Users who prefer IndianOil outlets for their fuel requirements and want high value back.
upi users
Individuals looking to link their credit card to UPI for everyday merchant payments.
Skip if you're
travelers
The card lacks travel benefits like lounge access or air miles.
luxury shoppers
Base reward rate is low and not suited for non-category spends.
Base Earning
3 Reward Points
per ₹150 spent
0.5%
effective rate
Point value: ₹0.25/point
Bonus Categories
IndianOil Outlets - FUEL
8×
4% return
1200 pts/month
Groceries - SHOPPING
4×
2% return
800 pts/month
DINING
4×
2% return
800 pts/month
Welcome Offer
Welcome bonus is credited as Reward Points upon payment of the joining fee and minimum spend.
1,000
points
₹250
value
Spend ₹500 within 30 days
Milestones
Spend ₹0.5L
Annual fee of INR 449 waived on spending INR 50,000 in the previous anniversary year.
No rewards on:
Fuel, rent payments, utility bills, government payments, wallet loads, insurance premiums, EMI transactions
Compare Alternatives
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IndianOil Kotak Credit Card
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Visa