Most of the credit cards have a ‘Fuel surcharge waiver’ listed as one of the benefits. To understand the benefit, you must first know what the surcharge is. 

It is nothing, but the transaction charge levied for using the credit card for fuel transactions. For example, if you have made a fuel purchase for Rs. 1000, you will end up paying about Rs. 28 additionally, out of which Rs. 25 is a surcharge and the rest are for the service tax. 

Following are some of the fuel credit cards of some of the major banks in India

 Bank Name

 Credit Card offered

 Fuel Surcharge Waiver


 ICICI Bank HPCL Coral Credit Card

1% Fuel Surcharge waiver along with 2.5% cashback on total fuel purchase (capped at Rs.100 per month)


 BPCL SBI Credit card

 3.25% + 1% Fuel surcharge waiver on every transaction up to Rs.4,000

 HDFC Bank

 HDFC All Miles Credit Card

1% Fuel Surcharge waiver on fuel transactions (Minimum transaction of Rs.400, and a maximum cashback of Rs.500 per statement cycle)

 Standard Chartered Bank

 Standard Chartered Super Value Titanium Credit Card

5% cashback on fuel purchase across all fuel stations up to Rs.200 per month

Points To Note

  • Generally, the waiver ranges between 1% to 3% of the transaction amount
  • The transaction should be a minimum of from Rs.400 to Rs.4000
  • You won’t get a surcharge waiver more than the amount specified by the bank. 
  • A fuel surcharge waiver does not mean that you pay less on your fuel purchase. It is the reduced amount of the transaction fee for using the credit card.