How to Save Money on Petrol and Diesel with Credit Card?

How to Save Money on Petrol and Diesel with Credit Card?

Save Money on Petrol and Diesel
As fuel prices continue to rise, every opportunity to save matters. One effective way to reduce your fuel expenses is by using credit cards that offer cashback rewards on petrol and diesel purchases. These cards provide a portion of the transaction value back as cashback or reward points, allowing you to save money without changing your driving habits.

Save Money on Petrol and Diesel

Fuel costs are a significant monthly expense for many people. With petrol and diesel prices remaining high in 2025, having a credit card that offers cashback or surcharge waivers on fuel transactions can significantly reduce your commuting costs. These cards usually provide a percentage of cashback or rewards points on fuel purchases, which can be redeemed for discounts or other benefits later.

How Cashback on Fuel Works

Many credit cards offer cashback on fuel purchases at specific partner petrol stations, such as IndianOil, BPCL, or HPCL. These cards may also waive the usual 1% fuel surcharge, helping you save on additional charges. However, keep in mind that these rewards often have a cap, such as cashback only up to a certain transaction amount, typically ranging from ₹500 to ₹4,000.

Maximizing Savings

To make the most out of your fuel rewards, choose a card that’s linked to your preferred fuel chain. For example, if you consistently buy fuel from IndianOil or BPCL, you’ll likely earn more rewards. It’s also essential to use the card exclusively for fuel purchases to track your rewards accurately and ensure that you don’t miss out on any cashback offers. Avoid splitting fuel purchases across multiple transactions to stay under eligibility limits.

Choosing the Best Fuel Credit Cards

The top fuel credit cards for 2025 include co-branded options like the IndianOil Axis Bank Credit Card, BPCL SBI Card Octane, and HPCL ICICI Bank Credit Card. These offer cashback rates between 3% and 5%, along with surcharge waivers. Some cards also provide additional benefits like discounts on dining or shopping.

Avoiding Hidden Costs

While cashback rewards are valuable, be aware of hidden costs like annual fees or interest charges if the balance is not paid in full each month. Some cards may also require a minimum spend for fuel benefits to apply. To avoid extra costs, always pay your bills on time and ensure that your spending aligns with the card’s benefits.

By following these tips, you can reduce your fuel expenses and maximize the benefits of your credit card rewards program.

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