HDFC Bank has teamed up with IndianOil to introduce a co-branded fuel credit card for users in non-metro cities and towns.
Known as IndianOil HDFC Bank Credit Card, the new product will enable cardholders to earn ‘fuel points’ at more than 27,000 outlets run by IndianOil.
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Available on both RuPay and Visa platforms, the new credit card will give fuel points on other payments such as spends on groceries, bill payments, utilities, as well as shopping.
The points can be redeemed for up to 50 litres of fuel per year.
Apart from Chandigarh, the credit card was rolled out across 135 IndianOil outlets in Ranchi, Kochi, Vishakapatnam, Bhopal, Lucknow, Indore, Guwahati, Shillong, Varanasi, Nagpur, and Panjim, among others.
Commenting on the launch of new card IndianOil executive director (RS) Vigyan Kumar said: “IndianOil has been a pioneer in promoting cashless and digital transactions with more than 98% of our vast network of 27,000+ retail outlets capable of accepting credit/debit card payments.
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By GlobalData“In fact, more than 27% of all transactions at our petrol stations are through various digital modes. We are confident that this collaboration with HDFC Bank today shall give a give boost to digital payments and cashless transactions in the country, in line with the Digital India vision of our Hon’ble Prime Minister.”
Last month, Indian lender HDFC Bank launched a new range of card offerings for millennials in partnership with Mastercard.
