IndianOil Citi Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Earn 1 Turbo Point for every Rs. 150 spent. Receive 2x Turbo Points for purchases at groceries and supermarkets. Earn 4x Turbo Points for fuel purchases at authorized IndianOil outlets. Get a welcome bonus of 250 Turbo Points. Redeem Turbo Points for fuel, cashback, shopping, and more. Enjoy dining discounts at participating restaurants. Receive a 1% fuel surcharge waiver. Renewal fee waived based on spending. Access to 24*7 customer support.

The IndianOil Citi Credit Card is a suitable option for individuals looking to maximize their benefits on fuel expenses.

With a joining fee of Rs. 1,000 + GST and an identical renewal fee, this card offers significant rewards and discounts in different categories.

Upon card activation, customers are welcomed with 250 Turbo Points, which can be accumulated and used for various purposes.

In terms of dining, cardholders can enjoy up to a 20% discount at multiple participating restaurants for movie outings and meals.

When it comes to shopping, this credit card awards 1 Turbo Point for every Rs. 150 spent.

Additionally, customers earn 2 Turbo Points for every Rs. 150 spent at supermarkets and a generous 4 Turbo Points for every Rs. 150 spent on fuel.

This makes it an ideal choice for those who frequently refuel their vehicles at IndianOil outlets.

Unfortunately, this credit card does not offer specific travel, domestic lounge, international lounge, golf, or insurance benefits.

However, there is a spend-based waiver for the annual fee.

If Rs. 30,000 or more is spent in the previous year, the annual fee will be waived off.

The rewards redemption fee for this card is nil, allowing customers to redeem their Turbo Points without any additional charges.

On foreign currency transactions, a foreign currency markup of 3.5% applies.

The interest rate for this credit card stands at 3.75% per month.

It is important to note that cash advances will incur a fee of 2.5% of the amount withdrawn or a minimum of Rs. 500.

One of the notable perks of the IndianOil Citi Credit Card is the 1% fuel surcharge waiver at all IndianOil outlets, providing further savings on fuel expenses.

In conclusion, the IndianOil Citi Credit Card provides attractive rewards and discounts for fuel-related expenses.

While it may not have extensive benefits in other categories such as travel or lounge access, its focus on fuel rewards makes it a great choice for individuals seeking to optimize their savings on fuel purchases.