If you've got a vehicle, you're paying a ton for fuel, to ease spending impact you might want to check out the IndianOil Citi Platinum Card. Indian Oil and Citibank have collaborated to bring out the IndianOil Citi Platinum Card, which can help you save huge on your daily fuel consumption. You get great reward points every time you use the card in a petrol bunk.
Fuel isn't the only reason you might want a new credit card, but this is the big benefit of the IndianOil Citi Platinum Card. You should, however, check out your own financial situation before you take on a new credit card. If you don't drive much and are in a financial black hole, then checking out other cards to help you get out of it might be a better solution. Ensuring your financial health is first off and then you can get into rewards cards that give you perks for spending.
The IndianOil Citi Platinum Card has a points-based system that allows you to redeem the points to buy those awesome pair of boots you have been yearning for or some other splurge. Our editors have looked into this card and they've got some key takeaways you need to check out. If fuel bonuses and rewards point is what you're after then read the details below to find out if the IndianOil Citi Platinum credit card is for you.
What Are The Features Of An Oil Citi Platinum Credit Card?
When you hold the Indian Oil Citi Platinum Credit Card, you can enjoy the convenience of contactless payments, allowing you to pay instantly without any hassle. The card also provides flexibility in terms of interest rates, credit limits, cash advance limits, and other facilities, making it suitable for various spending needs.
Additionally, you benefit from flexibility in annual fee payments. If your total spending reaches INR 30,000 or more in a year, you are exempt from paying any annual fees. However, if your spending does not meet this threshold, an annual fee of INR 1,000 will apply, ensuring that the card remains cost-effective for regular users.
Other notable features include instant emergency card replacement, which is highly useful if your card is lost or stolen. Moreover, the card allows you to pay utility bills instantly and easily track your account activity through free email and SMS alerts, keeping you updated and in control of your finances at all times.
What Are The Benefits Of This Citi Credit Card?
When it comes to benefits, you can get turbo points every time you spend with this card! For example, you earn 4 points on every fuel recharge of INR 150; 2 points on every INR 150 you spend in supermarkets and 1 point each for INR 150 you spend on shopping and dining!
Even better; you can redeem these points earned at any petrol bunk, shopping, dining, and retail outlets across the country. Every 1 turbo point will buy you INR 1 worth of fuel. And if you use your card sagaciously, you will stand a chance to win up to 71 liters of free fuel in a year.
On top of it, these reward points never expire so that you can collect as many points as you can to gift yourself with great deals! While the redemption process has never been this easy, all you need to do is send an SMS and reap the benefits of instant redemption procedure. If not shopping, you can choose to redeem the points for cash back, reward catalog, Airmiles transfer and much more.
What Are The Fees For The Card?
Here’s a clear, detailed, and comprehensive breakdown of the various fees and charges associated with the IndianOil Citi Platinum Credit Card. This guide will help you fully understand all the costs involved in using the card. Being aware of these charges in advance allows you to manage your spending more effectively and avoid unexpected expenses.
| Fees | Amount |
| Annual Fee | 1,000 rupees and waived when you spend above INR 30,000 |
| Request for bank statement above 3 times | INR 100 |
| Cash withdrawal fees | 2.5% of the amount withdrawn |
| Extended credit fees | 3.25% every month or 39% per year |
| Card re-issuance charges | INR 100 |
| Rail ticket booking surcharge | 1.8% of the transacted amount |
| Late payment fees | INR 300 for balance less than INR 10,001
INR 600 for INR 10,001 and up to INR 25,000 INR 950 for current balance above INR 25,000 |
| Overlimit charges | 2.5% of the amount over the credit limit (subject to a minimum of INR 500) |
What Is The Eligibility Criteria?
To be eligible to apply for the IndianOil Citi Platinum Credit Card, you must be an Indian citizen aged 21 years or above and have a stable and verifiable source of income. Additionally, your credit score should meet the required standards to ensure approval. Meeting these criteria increases your chances of a smooth and successful application process.
How to Apply For The IndianOil Citi Platinum Credit Card
You can’t newly apply for the IndianOil Citi Platinum Credit Card anymore. Citi’s India consumer business—including this card—was sold to Axis Bank, and Citi-branded cards were migrated. For a like-for-like option, apply for Axis’s co-branded IndianOil Axis Bank Credit Card.
- Pick your variant. Compare the IndianOil Axis Bank Credit Card (entry tier) and the Premium version on Axis’s site, then hit Apply Now on the page you prefer.
- Check basic eligibility. Typical requirements include age 18–70 and being a resident of India/NRI, plus standard KYC and income proof.
- Gather documents. Keep PAN/Form 60, ID proof, address proof, a colour photo, and income proof (latest payslip/Form 16/IT return) ready.
- Submit the online form. Start from the Axis product page’s Apply Now button and complete the form; Axis will verify your bureau/KYC and may request additional documents. You can track your application via Axis’s tracker link.
- Activation & use. Once approved, Axis dispatches the physical card; set your PIN and start earning IndianOil rewards and the 1% fuel surcharge waiver per the card’s terms. (Check caps/exclusions on the product page before you apply.)
If you already have the Citi card
You don’t need to reapply: existing IndianOil Citi cardholders were mapped to IndianOil Axis Bank Premium Credit Card during the migration. Watch for Axis’s communications and follow the activation steps on your replacement card.
How To Contact Citibank
You can visit the nearest Citibank and apply for the credit card in person. To locate the branch near you, use their Branch Locator app or you can simply give them a call at 1860 210 2484 to learn more.
Bottom Line
If you previously held the IndianOil Citi Platinum, the IndianOil Axis Bank variants are the practical successors, keeping the focus on fuel savings at IndianOil outlets. The card works best if a meaningful share of your monthly spend is fuel, and you can hit the fee-waiver thresholds.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.