A Simple Guide to Understand Credit Card Fuel Surcharge Waiver

Fuel prices are increasing, and with credit card fuel surcharge, the amount increases significantly. This is why getting a credit card that offers a fuel surcharge waiver is in demand. Such cards not only help you pay for fuel but also avoid unnecessary fees.  

The good news is that you can get this feature on most cards these days. Thus, you don’t need to limit yourself to a fuel credit card to enjoy higher savings. Read on to learn how to use it efficiently and the top 5 options you have.

What is a Fuel Surcharge Waiver? 

A fuel surcharge is a small amount of money that your credit card charges on your bill. This is an additional fee that credit cardholders need to pay to use a credit card at the fuel station. It is up to 1% – 3% of the fuel purchase amount. So, if you buy ₹4,000 worth of fuel, you need to pay ₹4,040 to ₹4,120 in credit card bills.

How Does Fuel Surcharge Waiver Work? 

Credit card fuel surcharge waiver is a feature that encourages you to use your card for everyday fuel purchases. It reduces the cost of buying fuel eliminating avoidable charges that are added to credit card usage. To learn whether your credit card has this benefit, you can read the terms and documentation sent with your credit card kit.

Once you understand the fuel surcharge waiver meaning, you can choose the right card for your commuting needs. 

Also Read: Credit Card Bill Payments

5 Best Fuel Surcharge Waiver Credit Cards 

Fuel prices in India are continuously fluctuating. In this scenario, having any of these credit cards will help.

Credit Cards	Exclusive Offers
Fibe Axis Bank Credit Card	1% fuel surcharge waiver on fuel spends between ₹400 and ₹5,000Earn 3% cashback on dining, entertainment and local commute 4 complimentary visits to airport lounges
IndianOil Citi Titanium Card	Earn 4 TP per ₹150 on fuel purchase 1 TP is equal to ₹1 worth of fuel 1% surcharge waiver IndianOil outlets
IndianOil HDFC Bank Credit Card	Earn 1 Fuel Point for every ₹150 spent1 FP is equal to ₹0.20 worth of fuel1% fuel surcharge waiver IOCL fuel stations
ICICI Bank HPCL Coral Credit Card	2.5% cashback on HPCL fuel stations  on bills of ₹500 or more1% surcharge at HPCL pumpsAnnual fees waiver on transactions over ₹50,000
Standard Chartered Super Value Titanium Credit Card	5% cashback on your fuel spends1 reward point on every ₹150 spent on all eligible transactions Enjoy annual fee waiver on buying over ₹90,000 worth of fuel annually

Eligibility for Fuel Surcharge Waiver 

To get credit card fuel surcharge benefits, the issuer has some criteria you need to fulfil. These are as follows. 

• These waivers are available at designated fuel stations only 
• With few credit cards, you need to make a transaction over the minimum amount
• Most credit cards have an upper limit for the maximum petroleum surcharge waiver limit

How to Maximise Fuel Surcharge Wavier? 

To make the most of this benefit, you need to invest some time in searching for the right card with benefits matching your requirements. Here are some tips to elevate your fuel benefits with your credit card.  

• Use the credit card at the partner fuel stations for the highest waiver
• Keep track of your transactions to stay within the monthly limit
• Compare and choose the credit card with maximum benefits
• Opt for a card that gives you frequent promotional offers
• Choose the card that allows you to combine offers to maximise savings 

Apply for Personal Loan

Credit cards with fuel surcharge wavier are one way to save on added costs and stay within your monthly budget. There are many other factors and benefits you need to compare before applying. If you are looking for a card that gives you fuel and many other benefits, consider the Fibe Axis Bank Credit Card. 

It comes with an added layer of security, as it is a numberless credit card. Since the card details are not printed on it, you can prevent misuse of your card. You can even link your card with any UPI app to make sure and hassle-free transactions.

Enjoy up to 3% cashback on all transactions with additional dining benefits without any annual or joining fees. Download the Fibe App now to apply for it with an easy online process. 

FAQs on Fuel Surcharge Wavier Credit Cards 

Is the fuel surcharge waiver applicable at all fuel stations? 

A petrol surcharge waiver option is only available at the partner fuel stations of the credit card issuer.

Is there a limit on the amount of fuel surcharge that can be waived? 

Yes, all credit cards come with an upper limit for a surcharge waiver. Check the MITC document to know the cap on this benefit. 

How frequently can I avail of the fuel surcharge waiver? 

Until you hit the upper limit for the maximum surcharge waiver, you can enjoy its benefits as frequently as you buy fuel.   

Can I transfer the fuel surcharge waiver benefit to another card? 

You cannot transfer these benefits to another credit card. Each card will have its exclusive offers, which you can access using it. 

Can I get a refund for the fuel surcharge if the waiver was not applied correctly? 

These are non-refundable benefits. However, you can talk to the customer care of the issuer in case it is not applied correctly.