If used properly, the Fuel Credit Card can be very useful to you. You can save a few bucks by using a fuel credit card.
Petrol and diesel prices are skyrocketing in all cities of the country right now. In such a situation, there are many benefits of Fuel Credit Card. If used properly, it can be of great use to you. You can save a few bucks on petrol and diesel by using a fuel credit card. In such a situation, what are the benefits of this Fuel Credit Card and how can it save your money.
Know what is Fuel Credit Card
Many co-branded fuel credit cards are available in the market to help you save on your petrol and diesel expenses. Almost all fuel credit cards give you a surcharge exemption every month. Some unique co-branded fuel cards also provide additional benefits. If you are their regular customer. Some popular fuel credit cards are BPCL SBI Card Octane, IndianOil HDFC Credit Card, IndianOil Axis Bank Credit Card etc.
What kind of benefits are available?
Let us take the example of IndianOil Axis Bank Credit Card. This card gives about 4% return on fuel expenses in the form of rewards. At the same time, for filling petrol or diesel of 200 to 5 thousand rupees, you also get a rebate in 1% fuel surcharge. Additionally, the card also offers up to 20% off at partner restaurants. If we talk about IndianOil HDFC Credit Card, then people with an income of at least every 10 thousand rupees per month can get the card with an annual fee of 500 rupees. The card gives 5% return on fuel expenses. You can avail up to 50 liters of free fuel using the fuel point.
Can take this way and benefit
To make full use of all the benefits, you must be a good customer for a credit card. The more often you use the card, the more rewards you get. Therefore, using a card will help you earn more points and you can save heavily on fuel at the end of every year.
