Now you will save 8.5% on gas, this credit card is incredible
If you are also worried about the rising prices of petrol and diesel, then this news is nothing but good news for you. In fact, a credit card has been launched that will give you huge savings on petrol filling. You can save a lot through the IndianOil RBL Bank Extra Credit Card. Through this card you will be able to save 8.5 percent on every purchase of petrol and diesel. The private sector RBL Bank in collaboration with IOCL has launched this co-branded RuPay contactless credit card. Let us know in detail how you can save through this.
This card was recently launched at the Global Fintech Fest 2024 in Mumbai. This fuel credit card is based on NPCI’s RuPay network. This card can be used at all online websites and merchant establishments that accept RuPay cards.
Benefit in UPI payment
RBL Bank’s additional credit card is based on the RuPay network, so you will also be able to avail the benefit of UPI feature through it. You can link this credit card to the UPI app and make payment using this card by scanning the UPI QR code of the merchant installed in a small neighborhood shop. Apart from this, you can also make UPI payments to online merchants through this card.
Why is the card special?
- If you spend Rs 1500 within 30 days of the RBL Bank Xtra Credit Card being issued, you will get 3000 fuel points as a welcome benefit.
- Opportunity to earn 15 fuel points (reward rate: 7.5%) for every Rs 100 spent at Indian Oil pumps. Maximum limit of 2000 fuel points in a month under this category.
- Opportunity to earn 2 fuel points (reward rate: 1%) on spending in all other categories.
- Earn 1000 fuel points on a quarterly spend of Rs 75,000 as a milestone benefit
- If you make payment for fuel purchase between Rs 500 and Rs 4,000 at petrol pumps through this card, you will not have to pay 1 per cent fuel surcharge. The maximum fuel surcharge of Rs 100 can be waived in a billing cycle.
- This card is equipped with contactless technology which also gives customers the ability to tap and pay, i.e. payment can be made by simply tapping the POS machine without swiping the card.
How much does it cost to get paid?
- The membership fee for RBL Bank Xtra credit card is Rs 1,500.
- However, if you spend Rs 2.75 lakh in a year, you will not be charged the annual fee.
