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IndianOil RBL Bank XTRA Credit Card

The IndianOil RBL Bank XTRA Credit Card offers strong fuel benefits with savings of up to 8.5% on fuel purchases at IOC pumps. Cardholders earn accelerated rewards on co-branded spends and up to 15 reward points per ₹100 on other categories, making it ideal for frequent drivers seeking value-back on fuel and daily expenses.

IndianOil RBL Bank XTRA Credit Card

About IndianOil RBL XTRA Credit Card

The IndianOil RBL XTRA Credit Card is a co-branded offering from RBL Bank in partnership with IndianOil, created to maximize savings for frequent fuel buyers. With this collaboration, RBL Bank becomes the fourth major issuer—after HDFC Bank, Axis Bank, and Kotak Mahindra Bank—to introduce a co-branded fuel card with IOCL. The card is designed to provide strong value for everyday motorists, especially those who prefer fueling at IndianOil outlets. Its reward structure ensures that users earn significantly higher benefits on fuel transactions compared to regular credit cards, making it a practical choice for individuals who incur considerable monthly commuting or travel expenses.

One of the biggest highlights of the IndianOil RBL XTRA Credit Card is its impressive value-back of up to 8.5% on fuel spends. According to the bank, this enhanced saving potential can amount to nearly 250 litres of free fuel every year, depending on usage. This remarkable benefit positions the card as the most rewarding fuel credit card in India, surpassing even the popular BPCL SBI Card Octane, which previously offered the highest reward rate of 7.25% on fuel. With its superior earning potential and exclusive partnerships, the IndianOil RBL XTRA Credit Card stands out as an excellent option for users seeking maximum savings on fuel.

Rewards Benefits

Cardholders can accumulate points on every Rs. 100 spent as follows:

  • 15 Fuel Points: Earned on purchases at IndianOil fuel stations.
  • 2 Fuel Points: Earned on all other transactions.

Redemption Value of Points:

  • Fuel Points: Each point can be redeemed for Rs. 0.50 at IOCL petrol pumps or via petrol vouchers.
  • XTRAREWARDS Points (XRP): 1 XRP is worth Rs. 0.30.
  • Conversion: 3 Fuel Points can be converted into 5 XRPs.
  • Rewards Portal: Each Fuel Point is valued at Rs. 0.10 when redeemed through the RBL Bank rewards portal.

Additional Features & Benefits

  • Welcome Offer: Earn 3,000 Fuel Points when you make your first card transaction of Rs. 500 or more within 30 days of card issuance.

  • Milestone Rewards: Receive 1,000 Fuel Points upon achieving a spending milestone of Rs. 75,000 in a calendar quarter. Note: Cash withdrawals, EMI payments, fees, charges, and GST are excluded from this calculation.

  • Annual Fee Waiver: Get your annual fee waived if your total spending reaches Rs. 2.75 lakh or more in a year.

  • Fuel Surcharge Benefit: Enjoy a 1% waiver on fuel surcharge, up to Rs. 200 per month, applicable for fuel transactions ranging from Rs. 500 to Rs. 4,000.

IndianOil RBL Bank XTRA Credit Card Reward Points & Cashback Calculator

Reward Points Calculator

IndianOil RBL Bank XTRA Credit Card: Fees & Charges

Particulars Amount
Joining/Annual Fee Rs. 1,500 + applicable taxes
Finance Charges Up to 3.99% p.m. (Up to 47.88% p.a.)
Late Payment Charges 12.5% of the total outstanding amount (Min. Rs. 5 and Max. Rs. 1,300)

Comparison: IndianOil RBL XTRA vs. BPCL SBI Octane vs. IDFC FIRST Power+

Let’s take a closer look at what the IndianOil RBL Bank XTRA Credit Card brings to the table and how it compares with other leading co-branded fuel credit cards:

Spending Categories Monthly Spends IndianOil RBL XTRA BPCL SBI Octane IDFC FIRST Power+
Fuel Rs. 12,000 1,800 2,500 2,400 (+600 Happy Coins)
Grocery Rs. 5,000 100 500 400
Dining Rs. 4,000 80 400 78
Movies Rs. 800 16 80 15
Departmental Store Rs. 1,000 20 100 18
Other Online Purchases Rs. 4,000 80 40 78
Miscellaneous Offline Spends Rs. 3,200 64 32 63
Total Rs. 45,000 2,160 Fuel Points 3,652 Reward Points 3,052 Reward Points (+600 Happy Coins)
Total Value-back Rs. 1,080 Rs. 913 Rs. 913

Based on the analysis, the IndianOil RBL XTRA stands out by offering the highest overall savings. Although it generates fewer reward points on transactions, each point has a redemption value of Rs. 0.50, which is twice as high as the value offered by cards like SBI and IDFC FIRST. This higher redemption rate effectively offsets the lower points accumulation, resulting in greater overall value-back compared to these other popular fuel cards.

Things to Know Before You Apply

Who Should Consider This Card:

  • If you regularly travel using your personal vehicle and fuel expenses form a significant part of your monthly spending.
  • If you want to make the most of your Fuel Points by redeeming them for future purchases at IOCL fuel stations.
  • If you prefer IndianOil (IOCL) pumps over other fuel providers such as HPCL or BPCL.

Steps to Close IndianOil RBL Bank XTRA Credit Card

If you want to permanently close your IndianOil RBL Bank XTRA Credit Card, it is advisable to follow the proper procedure defined by RBL Bank to ensure a smooth and secure closure process.

Pay All Outstanding Dues

  • Before initiating the closure, make sure your credit card account has zero balance.

Clear all pending amounts, including:

  • Total outstanding balance
  • EMIs or installment payments
  • Interest charges
  • Late fees or other applicable charges

The bank will process your closure request only after confirming that all dues are fully settled.

Redeem Reward Points

  • Use or redeem all accumulated reward points, cashback, or benefits linked to your card.
  • Once the account is closed, unused rewards may expire and cannot be recovered.

Contact Customer Support

  • Call the customer care team of RBL Bank and request credit card cancellation.
  • Provide necessary details such as your registered mobile number, card details, and verification information as required.

Submit Closure Request via Email

You can also send a closure request from your registered email ID.
Include basic details such as:

  • Full name
  • Last four digits of your credit card
  • Registered contact details
  • Reason for closure (if required)

Stop Using the Card

  • Avoid making any transactions after submitting the closure request, as new activity may delay or interrupt the process.

Confirm Card Closure

  • Ensure you receive confirmation from the bank via SMS or email stating that your credit card account has been successfully closed.
  • Keep this confirmation for future reference.

Destroy the Card Safely

After receiving confirmation:

  • Cut the card across the chip and magnetic strip
  • Dispose of it securely to prevent misuse

Check Credit Report

  • After a few weeks, review your credit report to verify that the card status is updated as “Closed”.
  • If you notice any discrepancy, report it immediately to RBL Bank or the concerned credit bureau.

Important Points

  • Cancel all auto-debits, subscriptions, and standing instructions linked to the card
  • Keep records of all communications and acknowledgements
  • Monitor your account until the closure process is fully completed

IndianOil RBL Bank XTRA Credit Card Helpline Number

If you need assistance related to your IndianOil RBL Bank XTRA Credit Card, you can get in touch with the customer support team of RBL Bank. The bank offers support for billing queries, payments, card blocking, reward-related concerns, and other credit card services.

Customer Care Numbers

This helpline number can be used for a wide range of credit card-related services and support.

Services Available

  • Assistance with billing and transaction-related queries
  • Support for payments and outstanding dues
  • Information regarding reward points and card benefits
  • Help in reporting lost or stolen credit cards
  • Card blocking, replacement, or reissue requests
  • Guidance for credit card closure or cancellation

Important Points

  • Keep your registered mobile number and card details ready for verification
  • Always use official contact channels of RBL Bank for secure communication
  • Do not share sensitive information such as OTP, PIN, or CVV
  • Make sure to note your complaint or reference number for future tracking and follow-up

FAQs

How can I redeem XTRA Rewards Points at fuel stations?

To use your accumulated XTRA Rewards Points, visit a participating IndianOil XTRAREWARDS outlet. On the POS machine, press ‘#’ and select the ‘Instant Redeem’ option. Then choose ‘XTRAREWARDS’ under the program menu, press OK, and enter your registered mobile number along with the amount you wish to redeem.

The card is available in both Mastercard and RuPay variants.

You can view your points balance by visiting XTRAREWARDS.com or at any participating IOCL outlet via the POS terminal. Additionally, you can send an SMS to 9223177998 to check your balance or use the IndianOil ONE app for real-time updates.

Yes, but the NCMC functionality is only offered with the RuPay version of the IndianOil RBL XTRA Credit Card.