IndianOil Kotak Credit Card

  • Joining Fee: Rs. 449 + GST
  • Renewal Fee: Rs. 449 + GST
  • Best Suited For: Fuel
  • Reward Type: Reward Points
  • Welcome Benefites: Get 1000 Reward Points on spending Rs. 500 or more within 30 days of getting the card
Add to Compare

Recently, Indian Oil and Kotak Mahindra Bank joined forces to launch their co-branded fuel credit card. The IndianOil Kotak credit card is a nice entry-level card perfect for those who are new to the credit scene and want great fuel-based benefits and other rewards. Indian Oil has more than 34,000 outlets across the country and cardholders will be rewarded every time they refuel their vehicle at an Indian Oil fuel station. The card also offers reward points on grocery, dining, and other payments. These reward points can be redeemed for free fuel, cashback, or other products and vouchers at kotakrewards.com. The IndianOil Kotak credit card can reward you with up to 60 litres free fuel every year along with a host of other benefits. Those who travel a lot can reduce the effect of high fuel prices through this card and can have a highly rewarding experience if they prefer IndianOil petrol pumps over other countries. Keep on reading to know more about this newly launched fuel credit card by Kotak Mahindra Bank and IndianOil.

New Features

Spend Based Waiver

Annual fee is waived on spends of Rs. 50,000 or above


Interest Rates

3.5% per month or 42% per annum


Add-on Card Fee

Nil

Rewards Redemption Fee

Nil


Fuel Surcharge

1% fuel surcharge waiver on transactions between Rs. 100 to Rs. 5000

Foreign Currency Markup

3.5%


Cash Advance Charges

Rs. 300 per Rs. 10,000 withdrawn

Movie & Dining

Get 12 Reward Points on spending Rs. 150 on dining. You get 2% back as reward points on your dining spends.


Travel

NA


International Lounge Access

NA

Rewards Rate

Get 24 Reward Points on every Rs. 150 spent on fuel. Get 12 Reward Points on every Rs. 150 spent on grocery and dining. Get 3 Reward Points on every Rs. 150 spent on other transactions.


Golf

NA


Insurance Benefits

Insurance cover worth Rs. 2 Lakhs for personal accident

Reward Redemption

Reward Points can be redeemed as cashback or to buy merchandise, products, and vouchers on kotakrewards.com. You can redeem your Reward Points for IndianOil XTRAREWARDS as well.


Domestic Lounge Access

NA


Zero Liability Protection

Cardholder will not be liable for fraudulent transaction on reporting the loss of his card in a timely manner to the bank

Pros

No data available

Cons

No data available

Similar Cards

Add to Compare

Club Vistara IDFC First Credit Card

Air Vistara has already partnered with SBI and Axis Bank for their co-branded travel cards, and now the airline company is joining forces with IDFC Bank as well. Both these trusted brands are set to launch the Club Vistara IDFC First credit card that aims to elevate the travel experience of customers, especially if they regularly fly via Vistara. The card charges a joining fee of Rs. 4999 plus taxes and get a host of welcome benefits that include a complimentary premium economy flight ticket voucher, a class upgrade voucher, and Club Vistara Silver tier membership, for the cardholder. Not just this, you get rewarded with CV Points whenever you swipe your card, and can get bonus CV Points and complimentary flight tickets on reaching the spend-based milestone. With the Club Vistara IDFC First Credit Card, you can enjoy a premium lifestyle thanks to its golf, dining, and other benefits other than travel perks. Read on to know more about this co-branded travel credit card.

View More
Add to Compare

BoB Empower Credit Card

Along with the business cards like BoB ConQr, BoB Corporate Card, etc, Bank of Baroda also offers the Empower Credit Card, which aims at fulfilling the credit requirements of businesses along with providing them with various benefits across different categories. It comes with a zero joining fee and an affordable annual fee of Rs. 250 only, which too can be waived very easily. The cardholders get a decent reward rate and the accumulated rewards can be redeemed against the card’s outstanding balance at a really good redemption rate. Other than this, you get complimentary insurance covers, a fuel surcharge waiver, spend-based waiver of the annual fee, and many more benefits. Talking about the convenience provided by this card, it allows you to track all the spends made by your employees on their respective Empower cards and the bill settlement is also made easy. For more detailed information about the BoB Empower Credit Card, its features, and fees & charges, keep reading:

View More
HDFC Bank Business Regalia Credit Card
Add to Compare

HDFC Bank Business Regalia Credit Card

The HDFC Business Regalia Credit Card allows you to enjoy the best of everything that a business credit card can offer. The primary highlights of the card are the world-class privileges and benefits which enable you to conduct your business with ease.

View More