In the world of credit cards, the Indian Oil Credit Card is unique. It offers a range of features and benefits that are tailor-made for those who use their vehicle frequently. The card, issued by Citibank, is specially designed to cater to the needs of those who use their vehicles for transportation, commute or even leisure. In this article, we will explore the key features, benefits and rewards of the Indian Oil Credit Card that will help you make an informed decision before opting for one.
Why Choose an Indian Oil Credit Card?
The Indian Oil Credit Card is designed to provide a convenient and cost-effective solution to those who use their vehicles frequently. The card offers a range of benefits to its users that include cashback, reward points, discounts on fuel, waivers on annual fees and more. Additionally, it is also accepted globally which makes it a great choice for those who love to travel and explore.
Features of Indian Oil Credit Card
Cashback and Reward Points: The Indian Oil Credit Card offers 1% fuel surcharge waiver on every fuel purchase made using the card at Indian Oil petrol pumps. Apart from this, you can earn 4 Turbo Points against every Rs. 150 spent on fuel at featured partners such as Shell, HPCL, and IOCL outlets. These Turbo Points can later be redeemed for fuel purchases at Indian Oil petrol pumps.
Global Acceptance: The Indian Oil Credit Card is accepted globally, giving you the freedom to use it anywhere in the world.
Instant Loan: With the Indian Oil Credit Card, you can avail of an instant loan of up to Rs. 5 lakh within 48 hours with a repayment period ranging from 12 to 60 months.
Annual Fee Waiver: The annual fee of the Indian Oil Credit Card is waived off if your annual spends are above Rs. 30,000. This is a great benefit as you can save a considerable amount of money on annual fees.
Benefits of Indian Oil Credit Card
Discounts on fuel: With the Indian Oil Credit Card, you can get discounts of up to Rs. 5 per liter on fuel purchases at Indian Oil petrol pumps. Additionally, the card also offers discounts on fuel purchases made at featured partners such as Shell, HPCL, and IOCL outlets.
Travel Benefits: The Indian Oil Credit Card offers free travel insurance cover of up to Rs. 50 lakh against any air accident or loss of baggage. Additionally, it also provides an emergency card replacement benefit in case the card is lost or stolen while traveling abroad.
Credit Facility: With the Indian Oil Credit Card, you can get an interest-free credit period of up to 50 days, giving you ample time to clear your debts.
Reward Points: The Indian Oil Credit Card offers reward points against every transaction made using the card. You can redeem these reward points for a range of products, services, and vouchers.
Ease of Payment: The Indian Oil Credit Card offers multiple payment options, including online payment through Citibank Netbanking, NEFT, RTGS, UPI, Mobile Banking and more.
How To Apply for an Indian Oil Credit Card?
Applying for the Indian Oil Credit Card is a simple and hassle-free process. You can apply for credit card online by visiting the website and filling up the application form. Once the application is submitted, Citibank will verify your documents and credit score, and if everything is found satisfactory, the card will be issued to you.
Conclusion
In conclusion, the Indian Oil Credit Card is a great option for those who use their vehicles frequently and want to save on fuel purchases. The card offers a range of features and benefits that make it unique and useful. The cashback and reward points program offers a great way to get discounts on fuel purchases and redeem the points for other rewards. The card’s global acceptance makes it a great travel companion, and the ease of payment options makes managing finances easy. All in all, the Indian Oil Credit Card is a great option for those looking for a cost-effective and convenient payment solution.