M16S / RBL Bank / IndianOil RBL Bank XTRA Credit Card
entry · fuel, cobrand, upi
IndianOil RBL Bank XTRA Credit Card
The IndianOil RBL Bank XTRA Credit Card costs Rs 1,500 a year, waived if you spend Rs 2,75,000 in a year. Its base return is 1% (2 Fuel Points per Rs 100). Accelerated earn: 15 Fuel Points per Rs 100 at IndianOil stations (7.5%). The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's own documents on 11 Oct 2026.
- Annual fee
- Rs 1,500+ GST
- Fee waived at
- Rs 2,75,000annual spend
- Base return
- 1%
- Forex markup
- 3.5%
- Interest
- 3.99%a month
What changed on this card
- RBL Bank adds 1% fee on FASTag loading and toll payments above Rs 10,000, Jan 2026
From 7 January 2026 RBL Bank charges a 1% fee on FASTag loading and toll payment transactions above Rs 10,000 per transaction per card (MCC 4784, 4111 and 4131). The RBL MITC lists this as a card charge for its credit cards. Source: RBL Bank, webassets.rbl.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Free |
|---|---|
| Annual fee | Rs 1,500 |
| Annual spend that waives the fee | Rs 2,75,000 |
| Fee notes | Issuer MITC: no separate joining fee; the first-year annual fee is charged upfront |
Rewards
| Welcome benefit | 3,000 Fuel Points for a purchase above Rs 500 within 30 days, after fee payment |
|---|---|
| Reward currency | Fuel Points |
| Base earn | 2 Fuel Points per Rs 100 |
| Base return | 1% |
| Point value | 1 Fuel Point = Rs 0.50, converted to IndianOil XTRAREWARDS |
| Accelerated earn | 15 Fuel Points per Rs 100 at IndianOil stations (7.5%) |
| Caps | 2,000 accelerated Fuel Points per month |
| Spends that earn nothing | No points on utilities, insurance, quasi-cash, railways, rent, education, wallets, government, contracted services, cash, Bills2Pay, EMI |
| Milestone benefits | 1,000 Fuel Points on Rs 75,000 spend in a quarter |
| Reward notes | base_return_pct = 2 Fuel Points per Rs 100 x Rs 0.50. No redemption fee on IOCL cards per MITC. |
Travel and perks
| Domestic lounge | None |
|---|---|
| International lounge | None |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap Rs 200/month |
Charges and eligibility
| Interest per month | 3.99% |
|---|---|
| Late payment fee | 12.5% of total amount due, min Rs 5, max Rs 1,300 |
| Cash advance fee | 2.5% min Rs 500 |
| Fine-print notes | Fee waiver applies only if the annual fee was paid; the cap is reached at about Rs 13,300 of IndianOil fuel a month. Issuer MITC: reward redemption fee Rs 99 + GST per redemption day; 1% fee on rent, on utility spend above Rs 50,000/month, on fuel transactions above Rs 10,000, on education via third-party apps and on FASTag/toll transactions above Rs 10,000. Offline UPI spends under Rs 2,000 at small merchants earn nothing on RuPay variants. |
Questions
- What is the annual fee of the IndianOil RBL Bank XTRA Credit Card?
- Rs 1,500 a year, before GST. It is waived if you spend Rs 2,75,000 in a year.
- Does the IndianOil RBL Bank XTRA Credit Card give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the IndianOil RBL Bank XTRA Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the IndianOil RBL Bank XTRA Credit Card?
- No points on utilities, insurance, quasi-cash, railways, rent, education, wallets, government, contracted services, cash, Bills2Pay, EMI