IndianOil RBL Bank XTRA Credit Card from RBL Bank

IndianOil RBL Bank XTRA Credit Card review

RBL Bank · Visa · points Official sources Checked 30 Oct 2026

At a glance

Annual fee: ₹1,500
Joining fee: ₹1,500
Fee waiver: ₹2,75,000 a year
Base return: 1% base
Point value: ₹0.5 per point
Domestic lounge: None found
International lounge: None found

Estimated net value a year

Profile	Net	% of spend
First card, light spender ₹15k a month	₹96	0.1%
Metro salaried ₹60k a month	₹8,728	1.2%
Family household ₹80k a month	₹11,656	1.2%
Frequent flyer ₹1.5L a month	₹19,360	1.1%
Online shopper ₹50k a month	₹6,640	1.1%
Rent-heavy ₹90k a month	₹8,608	0.8%

Fee maths: The ₹1,500 annual fee is waived at ₹2,75,000 a year of eligible spend, about ₹22,900 a month. Of our 6 profiles, 5 clear it; on first card, light spender you would pay the fee, which is 94% (₹1,596) of what that profile earns before the fee. On our 6 profiles it nets from ₹96 (first card, light spender) to ₹19,360 (frequent flyer), equal to 0.1% to 1.2% of spend across the profiles. Without a waiver, the metro salaried category mix earns back the fee from about ₹12,000 a month of total spend.

After fees and caps, best-case redemption. Use your own spend.

Our take: For IndianOil pump users only: 15 Fuel Points per ₹100 at IndianOil outlets, up to 2,000 points a month. A Fuel Point is worth ₹0.50 at IndianOil pumps and ₹0.10 elsewhere, so the rate is about 7.5% at IndianOil if you redeem there, reached at ₹13,333 of fuel a month. Fuel at other pumps earns 2 points per ₹100. The ₹1,500 fee is waived at ₹2.75 lakh a year, a high bar. Utilities, rent, insurance and wallets earn nothing.

From the card's terms: strengths

Up to about 7.5% at partner merchants, subject to caps

Reward rates and caps

Spend category	Points per ₹100	Value per ₹100	Cap	Notes
Fuel	15	₹7.5	2000 pts monthly	15 Fuel Points per ₹100 at IndianOil fuel stations only (select MID/TID), up to 2,000 FP per month (official T&C 3.2). Fuel surcharge waiver 1% on ₹500-4,000, up to ₹200 per month.
Bills & utilities, Rent	0	₹0	No cap found	No points on utilities, insurance, quasi-cash, railways, rent, education, wallets, government services, cash, EMI (official T&C 3.2 and 3.8 MCC list).
Everything else, Amazon, Flipkart, Other online shopping, Groceries, Entertainment & OTT, Dining & food delivery, Flights & hotels, International (foreign currency)	2	₹1	No cap found	2 Fuel Points per ₹100 on all other purchases (no cap) excluding excluded categories (official).
Fuel	2	₹1	No cap found	Fuel at other pumps earns the standard 2 Fuel Points per ₹100 (official T&C: other fuel earns 2 FP).

Point value: 1 Fuel Point = ₹0.50 when converted to IndianOil XTRA Reward Points (3 FP = 5 XRP, 1 XRP = ₹0.30 at IOCL pumps); ₹0.10 everywhere else (official FAQ). ₹99 + GST redemption fee (aggregator).

Excluded or reduced

Utilities (4900), insurance, quasi-cash, railways, real estate/rental, education, wallets, government services, contracted services, cash, miscellaneous and EMI conversion earn no points and do not count for fee waiver or milestone
Fuel points at IndianOil outlets only for 15X; other fuel earns 2 FP

Spend milestones

Spend ₹75,000 a quarter: 1,000 Fuel Points per calendar quarter on ₹75,000 eligible spend (official T&C 3.5) (about ₹500)

Other benefits

Welcome: 3,000 Fuel Points (= ₹1,500 at IOCL) on a transaction above ₹500 within 30 days and payment of first-year fee (official).
1% fuel surcharge waiver on ₹500-4,000 fuel, max ₹200 per month
No complimentary lounge access
Forex markup 3.5% (aggregator, RuPay variant; unverified)

Eligibility

We did not find eligibility criteria in the issuer documents we read. unverified

Where it ranks

#1 in Best credit cards for fuel
#2 in RuPay credit cards ranked by rewards

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FAQ

What is the annual fee of the IndianOil RBL Bank XTRA Credit Card?

₹1,500 a year, waived at ₹2,75,000 annual spend. Fees exclude 18% GST.

How do IndianOil RBL Bank XTRA Credit Card rewards work?

1% base, 7.5% at partners, capped. 1 Fuel Point = ₹0.50 when converted to IndianOil XTRA Reward Points (3 FP = 5 XRP, 1 XRP = ₹0.30 at IOCL pumps); ₹0.10 everywhere else (official FAQ). ₹99 + GST redemption fee (aggregator).

Does the IndianOil RBL Bank XTRA Credit Card give airport lounge access?

We did not find lounge access on this card in the sources we checked.

Who is the IndianOil RBL Bank XTRA Credit Card best suited to?

For IndianOil pump users only: 15 Fuel Points per ₹100 at IndianOil outlets, up to 2,000 points a month. A Fuel Point is worth ₹0.50 at IndianOil pumps and ₹0.10 elsewhere, so the rate is about 7.5% at IndianOil if you redeem there, reached at ₹13,333 of fuel a month. Fuel at other pumps earns 2 points per ₹100. The ₹1,500 fee is waived at ₹2.75 lakh a year, a high bar. Utilities, rent, insurance and wallets earn nothing. The ₹1,500 annual fee is waived at ₹2,75,000 a year of eligible spend, about ₹22,900 a month. Of our 6 profiles, 5 clear it; on first card, light spender you would pay the fee, which is 94% (₹1,596) of what that profile earns before the fee. On our 6 profiles it nets from ₹96 (first card, light spender) to ₹19,360 (frequent flyer), equal to 0.1% to 1.2% of spend across the profiles.