Citi IndianOil Platinum Credit Card Review | Fuel Credit Card Review

Nowadays, when fuel prices are touching the sky, don’t you think it would be great to have a credit card in your wallet that can offer you benefits on fuel purchase. If so, then you should take a look at the citibank indian oil platinum credit card, it is a co-branded credit card that Citibank has launched an alliance with Indian Oil. This card is specifically designed to offer fuel benefits. It is probably the only credit card in India that offers free fuel every year. Apart from the fuel benefits, it offers some exclusive deals on dining and duty-free shopping. This card is powered by Visa and the annual fee of the card is Rs. 10,000 more about citibank indian oil credit card benefits are discussed below.  

IndianOil Citibank Platinum Credit Card Eligibility Criteria:

  • Resident Type: Indian. 
  • For salaried person:
    • Age: 23 to 60 yrs. 
    • Income: Rs. 25,000 monthly. (Min)
  • For self-employed person:
    • Age: 23 to 60 yrs. 
    • Income: Rs. 25,000 monthly. (Min)
  • A good CIBIL score (750 or more) is needed to get a higher credit limit on this site IndianOil credit card.

You can apply for a citi credit card from the citi online application portal, once your application is submitted successfully, you can track your citi credit card application status from the application tracking page

Documents Required To Apply For Citibank IndianOil Credit Card:

  • Photocopy of ID Proof (any 1)
    • Aadhar card
    • Voter Card
    • Passport
    • PAN Card
  • Photocopy of Address proof (any 1) 
    • Last 6 months bank account Statement
    • Aadhar Card 
    • Driving License 
    • Passport
    • Utility bill
  • One recent passport-sized photographs
  • Membership number of Shoppers Stop Loyalty Programme. 
  • Proof of income statement:
    • Salaried Person (any 1)
      • Salary Slip of the last 3 months 
      • ITR (Income Tax Return)
    • Self-employed person
      • Income tax return of the last year 
      • Proof of business
      • Last year’s audited financial report.

As per the new credit card rules, all new credit cards are delivered in an inactive state, and the user needs to activate them manually by generating a new credit card PIN. You can get some help on the citibank credit card activation process from the 100xGain FAQ’s page. 

IndianOil Citibank Credit Card Fees:

  • Citibank IndianOil card joining fee: Citibank will let you know during the application process. 
  • Citibank IndianOil card annual fee: Rs. 1,000 + GST (can be waived off if Rs. 30,000 is spent annually)

Citibank Platinum Credit Card Benefits:

  • Bonus reward points to welcome you:

With the issuance of the indianoil citi credit card, Citibank will welcome you with 250 turbo points as a welcome gift, you will get the reward points within the first 30 days of the card activation. 

  • Get rewarded for every transaction you make:

With your indianoil citi bank credit card, you earn reward points from your daily expenses. 

Category of transaction  Rate of earning reward points
Shopping(at supermarkets and groceries) 2 turbo points for each Rs. 150 transactions
All other transactions made using this card 1 turbo point for each Rs. 150 transactions

You can redeem your earned citi credit card reward points against fuel, 1 turbo points are equal to Rs. 1 of petrol, or any fuel.

You can redeem your points with just an SMS, this citibank credit card offer is applicable at some selected Indian oil fuel stations. You can also use your points to get a product from the citibank indianoil credit card reward points redemption catalog.

  • A multilingual concierge service to assist you during travel:

With this citibank indianoil credit card, you will get an always active and helpful concierge service, you can get help on travel or hotel booking, reservation of dining, gift delivery service, and lots more.

  • Enjoy a premium dining experience with exclusive discounts:

With your citibank indian oil credit card, you will get up to a 20% discount on your dining bills. This offer is applicable at most of the frontline restaurants in India, including – Arena Café, Barrish, Beer Republic, etc.

  • Earn extra benefits from fuel purchase:

This citibank indianoil card is specially designed to give you more benefit on fuel purchases, you will get 4 turbo points on every Rs. 150 spent on fuel. 

  • Enjoy freedom from fuel surcharges:

With this indianoil citibank credit card, you will get a 1% discount on fuel surcharges, this offer is applicable at most of the indian oil citibank outlets in India.

  • Get free fuel every year:

With regular use of your citibank visa platinum credit card, you can get up to 71 liters of free fuel annually. You can redeem your earned reward points against fuel to get free fuel, I turbo reward point = Rs. 1 of free fuel. 

  • Enjoy duty-free shopping with big discounts:

With your citibank fuel card, you will get up to a 15% discount on shopping at some selected duty-free stores in India. 

  • Opportunity to make your card lifetime free:

You can get 100% off on your annual fee payment, just spend Rs. 30,000 in a year and the next year’s annual fee will be waived off. That means you can make your citi credit card lifetime free very easily by spending Rs. 30,000 per year. You can check the status of your card from the citi credit card net banking account.

  • Get more security with the advanced EMV chip:

This indian oil citibank card comes with a built-in EMV chip, it is specially designed for convenience and security, it makes your transaction more safe and secure.

  • Contactless payment option:

This indianoil citibank platinum card comes with a Tap n Pay option, it enables you to pay with just a wave at any secure reader machine. it reduces the chance of lost or stolen cards.

  • Use your card anywhere in the world without restrictions:

This indian oil citi card can be used from anywhere in the world, also you can use this card to purchase from any foreign e-commerce site. But in both cases, the currency conversion charge will be applicable on the transacted amount.  

Citibank Credit Card Charges:

Particulars  Payable amount
Cash Withdrawal Charge 2.5% against the withdrawal amount (applicable once per withdrawal)
Citi IndianOil card finance charge The Citi credit card interest rate can go up to 3.25% monthly
Foreign Currency transaction Charge 3.5% against the transacted amount (applicable once per transaction)
Citi IndianOil credit card add-on card fee None

Citibank Visa Platinum Credit Card Customer Care Contact Details:

  • Call the Citibank credit card toll free number: 1860-210-2484 or 022-4955-2484
  • Write to the Citi credit card customer care email id: customercare@citi.com 

100xGain Rating:

6/10

Pros and Cons Citi IndianOil Platinum Credit Card:

Pros  Cons 
  • Comes with a very useful reward program
  • You can use your earned points to purchase fuel
  • Offers attractive discounts on shopping and dining
  • Fuel-related benefits are only available at Indian Oil fuel stations
  • The annual fee is high

Final Opinion:

This Indian Citibank platinum card is a co-branded fuel credit card that offers several benefits, like a reward program, discount on fuel surcharge, free fuel, etc. but the only negative point of the card is that the benefits are available only at Indian oil fuel stations, except that it is a good fuel credit card and can earn you big benefits annually. 

But if you want a better option then should visit our top 10 credit card pages. You can also compare the alternative card options given below. 

Alternative Cards: 

  1. Indian oil axis bank credit card (Best for fuel and dining benefits)
  2. IDBI Bank Euphoria World Credit Card (Best for offering fuel surcharge waiver)
  3. Kotak fortune gold credit card (Best for offering fuel surcharge waiver)
  4. YES Prosperity Rewards Credit Card (Best for offering reward points)

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