IndianOil RBL Bank XTRA Mastercard Credit Card
RBL Bank
Last updated: Feb 03, 2026
₹1,500
₹1,500
3.5%
No lounge access
Contents
IndianOil RBL Bank XTRA Mastercard Credit Card is a co-branded fuel credit card designed for regular IndianOil users who want maximum savings on petrol. You earn high-value Fuel Points at IndianOil fuel stations plus rewards on everyday retail purchases. With up to 8.5% valueback on IndianOil fuel spends, annual fee waiver on good usage and a 1% fuel surcharge waiver up to ₹200 per month, it is ideal for car and bike owners who refuel frequently. The card keeps things simple with focused fuel benefits, easy redemption and wide acceptance on the Mastercard network.
Features of IndianOil RBL Bank XTRA Mastercard Credit Card which makes it unique
High Fuel Valueback
Earn up to 15 Fuel Points per ₹100 at IndianOil fuel stations plus fuel surcharge waiver.
One of the highest effective fuel savings rates on IndianOil fuel spends in its fee range.
Designed to outperform typical 4–6% fuel savings cards for IOCL loyal users.
Fuel-Focused Reward Design
Simple, fuel-centric rewards program without complicated tiers or rotating categories.
Easy to understand, track and maximise fuel savings every month.
More focused on fuel than many generic rewards credit cards.
Rewards Structure of IndianOil RBL Bank XTRA Mastercard Credit Card
IndianOil Fuel Spends
baseFuel transactions at IndianOil fuel stations, as per eligible merchant IDs and transaction ranges defined by RBL Bank.
Equivalent to up to 7.5% valueback on eligible fuel spends when redeemed at IndianOil outlets.
Everyday Retail Spends
baseAll other eligible retail purchases excluding fuel surcharge, EMIs, fees, charges and restricted categories.
Gives additional savings on groceries, dining, shopping and routine card usage.
Fuel Surcharge Waiver
baseFuel transactions between ₹500 and ₹4,000 at eligible fuel stations.
Waiver is posted as a reversal on your credit card statement, reducing the effective cost of fuel.
Milestones of IndianOil RBL Bank XTRA Mastercard Credit Card
Quarterly Fuel Milestone
₹75,000 in a calendar quarter : 1,000 bonus Fuel Points
Fees & Charges of IndianOil RBL Bank XTRA Mastercard Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹1,500 |
| Annual Fee | ₹1,500 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹1,300 |
| Over Limit Fee | ₹600 |
| Returned Payment Fee | ₹500 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Annual fee waived on total spends of ₹2,75,000 or more in the previous year.
Fee Explanation Standard RBL Bank credit card fees apply, including up to 3.99% p.m. finance charges and 2.5% cash advance fee (minimum ₹500). Late payment charges are 12.5% of total outstanding, subject to a maximum of ₹1,300.
Detailed Explanation of IndianOil RBL Bank XTRA Mastercard Credit Card Fees
Joining Fee: ₹1,500 + taxes (once)
Charged in the first statement. Welcome Fuel Points are credited after fee payment and first eligible transaction.
Annual Fee: ₹1,500 + taxes (yearly)
Waived on yearly retail spends of ₹2,75,000 or more.
Cash Advance Fee: 2.5% of cash amount (min ₹500) (per transaction)
Interest charged from the date of withdrawal until repayment.
Foreign Currency Markup: 3.5% of transaction amount (per international transaction)
Standard markup on all non-INR transactions on this card.
Late Payment Fee: Up to ₹1,300 (per statement cycle)
12.5% of total outstanding, subject to minimum and maximum slabs as per RBL Bank schedule of charges.
Insurance Coverage with IndianOil RBL Bank XTRA Mastercard Credit Card
Lost Card Liability Cover
Up to ₹50,000Applicable from the time loss is reported to RBL Bank as per cardmember agreement.
Fraud Protection
As per RBL Bank credit card policyCovers certain fraudulent transactions, subject to timely reporting and investigation outcome.
Additional Features of IndianOil RBL Bank XTRA Mastercard Credit Card
Contactless Payments
Tap-and-pay enabled Mastercard credit card for quick payments at NFC-enabled terminals.
Contactless transaction limits and PIN requirements as per RBI and RBL Bank guidelines.
EMI Conversion
Eligible large purchases can be converted into flexible EMIs via RBL MyCard app or customer care.
Processing fee and interest charges apply as per prevailing EMI conversion offers.
Digital Account Management
Manage the card via RBL MyCard app and net banking – track Fuel Points, statements and limits.
Requires registration with your registered mobile number and card details.
Welcome Bonus with IndianOil RBL Bank XTRA Mastercard Credit Card
Welcome Bonus: 3,000 Fuel Points
Bonus Conditions: First retail or fuel transaction of at least ₹500 within 30 days of card issuance and payment of the joining fee, as per RBL Bank terms.
Application Process for IndianOil RBL Bank XTRA Mastercard Credit Card
Processing Time
5–7 business days after successful verification.
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Visit the RBL Bank or Finanjo credit card page and select the IndianOil RBL Bank XTRA Mastercard Credit Card.
Fill in your basic details such as name, mobile number, email ID and city.
Provide KYC details and upload identity, address and income documents if required.
Complete digital verification and await application review by RBL Bank.
On approval, the physical card is printed and dispatched to your registered address.
Required Documents for IndianOil RBL Bank XTRA Mastercard Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Income Proof
self_employedAccepted documents:
IndianOil RBL Bank XTRA Mastercard Credit Card Merchant Acceptance Network
Domestic Acceptance
Widely accepted at IndianOil fuel stations and most card-accepting merchants across India on the Mastercard network.
International Acceptance
Accepted at millions of Mastercard merchants and ATMs worldwide, subject to forex markup and international usage settings.
Online Acceptance
Can be used on major Indian and international e-commerce websites and apps.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for IndianOil RBL Bank XTRA Mastercard Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
700+
Citizenship
Indian residents only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹30,000
Minimum annual income
Who Can Apply
Important Conditions
- Applicant should have a stable income, valid PAN, Aadhaar and address proof, and a clean credit history.
How Approval Is Decided
- Age between 21 and 70 years.
- Indian resident with a stable income (salaried or self-employed).
- Clean credit history with a credit score of around 700 or above.
- Ability to meet RBL Bank’s internal underwriting and risk criteria.
Pros of IndianOil RBL Bank XTRA Mastercard Credit Card
- Very high reward rate on IndianOil fuel transactions compared to most fuel credit cards.
- Additional Fuel Points on everyday retail purchases help you accumulate free fuel faster.
- Quarterly milestone bonus and annual fee waiver can significantly increase total value.
- 1% fuel surcharge waiver up to ₹200 per month reduces the effective cost of fuel.
Cons of IndianOil RBL Bank XTRA Mastercard Credit Card
- Accelerated rewards are largely limited to IndianOil fuel spends.
- No complimentary airport lounge access benefits on this card.
- Joining and annual fee of ₹1,500 + taxes may feel high for light spenders.
- Best value is achieved only if you actively redeem Fuel Points at IndianOil outlets.
Frequently Asked Questions about IndianOil RBL Bank XTRA Mastercard Credit Card
What is the welcome benefit on the IndianOil RBL Bank XTRA Mastercard Credit Card?
You receive 3,000 bonus Fuel Points as a welcome benefit after you pay the joining fee and make your first eligible transaction of at least ₹500 within 30 days of card issuance.
How many Fuel Points do I earn on IndianOil fuel spends and other purchases?
You earn 15 Fuel Points per ₹100 spent at IndianOil fuel stations (up to 2,000 Fuel Points per month on accelerated fuel spends) and 2 Fuel Points per ₹100 on other eligible retail purchases.
How much can I save on fuel with this credit card?
When you redeem Fuel Points at IndianOil outlets and include the 1% fuel surcharge waiver, you can get effective savings of up to around 8.5% on eligible IndianOil fuel spends, subject to caps and terms.
Is there a fuel surcharge waiver on this card?
Yes. You get a 1% fuel surcharge waiver on fuel transactions between ₹500 and ₹4,000 at eligible fuel stations, with a maximum waiver of ₹200 per statement month.
How can I get the annual fee waived?
The annual fee of ₹1,500 + taxes is waived if your total eligible spends on the card in the previous year are ₹2,75,000 or more.
Does the IndianOil RBL Bank XTRA Mastercard Credit Card offer airport lounge access?
No. This card is focused on fuel and everyday savings and does not provide complimentary airport lounge access.
Who should consider applying for this credit card?
This card is best suited for car and bike owners who regularly refuel at IndianOil stations and are looking for a dedicated fuel credit card that maximises savings on petrol while also rewarding everyday spends.
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