IndianOil RBL Bank Credit Card
RBL Bank
Last verified: 27 Sept 2026
Reward Program
| Category | Earn Rate | Monthly Cap |
|---|---|---|
IndianOil Fuel Stations (select IOCL outlets by MID/TID — merchant-level, not MCC-level) | 5% | ₹500/monthly |
| All other spends | 0.5% | No cap |
Redemption fee: 99
Managed via RBL Bank Rewards portal (rblrewards.rbl.bank.in), RBL MyBank App, IndianOil XTRAREWARDS at participating IndianOil outlets
Transfer partners
Live Offers
53 activeBenefits
Fuel Surcharge Waiver
1% fuel surcharge waived on fuel transactions of ₹500–₹4,000 (inclusive, excluding surcharge) at any fuel station, up to ₹100 per month (fully used at ₹10,000 of qualifying fuel spend). GST on the surcharge is not reversed. Processed on the 23rd of every month. Not extended to delinquent, over-limit or closed cards.
Welcome Benefit
1,000 Fuel Points (₹500 at the XTRAREWARDS value) on an eligible retail transaction above ₹500 within 30 days of card issuance AND payment of the annual membership fee billed on the first statement by its due date. Credited within 60 days of fee payment. Once per cardmember.
Reward Calculator
Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.
What this card is worth
Open a section and enter what you actually spend. Everything updates as you type.
Fees & Charges
| Joining Fee | ₹500/yr |
| Renewal Fee | ₹500/yr |
| Fee Waiver | Spend ₹1,75,000/year |
| Forex Markup | 3.5% |
| Interest Rate | 47.88% p.a. |
| Cash Advance Fee | 2.5% of the amount withdrawn, minimum ₹500 |
| Reward Redemption Fee | 99 |
| Min Income Eligibility | Age 21–70 years (RBL FAQ), subject to the bank's internal policy. RBL does not publish a minimum income for this card. |
Spends That Don’t Count
RBL leaves these categories out when totalling your spend. They still earn rewards where the card pays on them — they just do not move you toward the target below.
Excluded from the fee waiver
Toward the ₹1,75,000/year waiver
- EducationCoaching, College fees, Online courses, School fees
- Everything elseLoan EMIs, Rent, Tax and government fees, Wallet top-ups
- InsuranceHealth, Motor, Other cover
- TravelForex card loads, Trains
- UtilitiesElectricity, Piped gas, Water
