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Joining Fee
₹499 + GST
Annual Fee
₹499 + GST
Reward Rate
4% value back at IndianOil; 2% on grocery/utility; 1% all others
Lounge Access
None
Forex Markup
3.5%
Fuel Waiver
1% + additional IndianOil cashback
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Key Features & Benefits
  • 4% value back at IndianOil petrol pumps
  • 2% value back on grocery and utility bill payments
  • 1% value back on all other eligible spends
  • 1,000 bonus RP as welcome benefit
  • 1% fuel surcharge waiver
  • Annual fee waiver on ₹50,000 spend
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Welcome & Joining Benefits
  • 1,000 RP on first ₹500+ transaction within 30 days
Milestone Benefits
  • ₹50,000 annual spend → ₹499 fee waived
Pros & Cons

✓ Advantages

  • 4% at IndianOil — solid fuel savings
  • 2% on grocery + utility covers daily household bills
  • Very low ₹499 fee easily waived

✗ Disadvantages

  • Only useful at IndianOil pumps
  • No lounge
  • 3.5% forex
Frequently Asked Questions
How does 4% value back translate to savings?
Spend ₹5,000/month at IndianOil → ₹200 back/month = ₹2,400/year in savings, far exceeding the ₹499 annual fee. The 4% includes reward points converted at standard rate.
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