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HDFC Bank, IOC launch co-branded fuel credit card

26 Sep 2019 Evaluate

HDFC Bank and Indian Oil Corporation (IOCL) have launched a co-branded fuel credit card for users from non-metro cities and towns. The Indian Oil HDFC Bank Credit Card offers customers the highest rewards and benefits on fuel consumption. The card will be available on both RuPay and Visa platforms.

The customers earn reward points known as ‘fuel points’ at over 27,000 IOCL outlets. They also earn fuel points on all other spends such as groceries, bill payments, utilities, and other shopping.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 710.20
ICICI Bank 1341.60
Axis Bank 1248.50
Kotak Mahindra Bank 431.25
Indusind Bank 906.95
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