Saving on Fuel spends is one of the toughest thing to accomplish for quite sometime. This is because Fuel business runs on low margin and hence Credit card companies cannot provide offers beyond a certain limit, say 2% or so. In-fact, most of the credit cards these days donot provide Reward points on Fuel spends as they already absorb the 2.5% Fuel surcharge Waiver.
However, the trend is changing in recent times, American Express recently came up with an amazing 3% Cashback on Fuel txns capped upto spends of Rs.1,50,000, as a temporary promo. Now HDFC is changing the entire game by introducing a big promo with their 5X Rewards on HDFC credit cards at BPCL Fuel stations. Details of the promo:
Get 5X Reward Points at BPCL on HDFC Bank Credit Cards:
- Get 5X Reward Points at BPCL
- Reward Points on swiping on HDFC Bank POS terminals Only
- Valid 1 Oct 2016 – 31 March 2017
- Reward Points will be posted after 90 days of the transaction Month
As you can see its a super cool offer except one thing that waiting for 90+ days is so long. I tend to forget these reward points by that time. This is one of the trick that some companies play with. They simply don’t credit it unless you ask.
It happens to me with SBI/Goibibo promo with which i was said to be provided with cashback within some 60 days or so but i never received. Later, i had to open a complaint for the cashback to happen. We can trust Amex on such offers blindly, but not HDFC. So beware! Better set a reminder to monitor the same. 😀
So all you need is a credit card from HDFC, preferably a premium card which will give a lot of reward points, eventually saving upto 16.5% in value.
HDFC Credit cards with 16.5% savings on Fuel Spends:
Lets see how much you can earn on major HDFC cards. Click on the links below to see the complete review with usual reward rate on non-fuel spends.
- HDFC Infinia: 16.5%
- HDFC Diners Black: 16.5%
- HDFC Diners Premium: 10%
- HDFC Regalia: 8%
- HDFC Regalia First: 5%
- HDFC Allmiles: 2.5%
The 5X Rewards is a massive offer especially for premium HDFC Credit card holders like Infinia or Diners Black with which you can save upto 16.5%. Spending 1 Lakh on Fuel and getting Rs.16,500 back even as Reward points is still a cool thing. Isnt it? 🙂 Ofcourse, you can redeem the points for flights, movies, recharges etc.
I’m gonna swipe my Diners Black for all fuel expenses in coming days to see how things turn out.
How about you? Are you gonna make use of this 5X Reward points offer or stay with 3% Amex Direct Cashback offer on Fuel? Feel free to share your thoughts in comments below.
Don’t think 2X and 5X offers can be combined. And thanks for nudging on HDFC promo bonus lapses. Need to check if 1L I spent at MMT got me 5X.
Had tried to switch my AllMiles to Diners Premium but my PB is useless. Need to first change that :/
1. I had seen this 2X weekend offer worked in parallel with 2X Intl spends offer. So technically it has to work on this too. Lets see.
2. You should have got 5X, works on Holiday packages too. 🙂
3. Talk with BM then 😉
Oh wow. Difficult to make out since they don’t give points breakup in statement & you have to ask for it. I really wish they did though, it’s not that difficult. Think they purposely avoid giving it.
Tried BM already. Followed up a few times. Wasn’t helpful. There’s is some incentive misalignment from what I can make out. Gonna shift branch next month.
Fact is most basic card users don’t understand RP and
Most Premium card users feel its not worth spending time with a cust. care rep. who has no clue about reward points 😀
I talked to the HDFC customer service team & they mentioned that this offer is valid only for swiping the card for 5 times during the offer period.
Tip- You can get the fuel surchatge waived only if the transaction amount is between Rs. 400-5000/-
So try to do transactions worth Rs. 5000 for 5 times.
Can anybody else confirm this?
Txn amount is correct. But 5 times offer is different one. You can re-confirm by checking their offer page. 5 Times thing is not mentioned anywhere.
5 times is applicable and i get
I also got an email reply from HDFC- “offer valid for 5 times only” was my misunderstanding.
So, the offer is valid at select BPCL outets having HDFC POS machine for transactions worth Rs. 400-5000/-
And Thanks Siddharth for this great website. Really helpful
most of the premium cards dont give points for fuel. please do confirm if regalia diners is actually giving you 5times points.
Yes, but this is an offer for BPCL alone and they haven’t mentioned any cards that are not eligible.
I couldn’t verify it now as it would take about 90 Days for the Bonus points to kick in.
well its mentioned “Reward & Redemption” section of Diners Black website for HDFC, that rewards points will not be accumulated for fuel transactions, So wont it be 0 points* 5 = 0 points … do confirm from bank or it will be a huge let down after 90 days.
Yes, it is. But this promotion is an exception i suppose, else they will mention the cards not allowed in the promo page.
Got a card statement from regalia with 5 times offer mentioned at bpcl. but diners statement doesnt mention it.
Hi, where do u see an option for 5x points promo. Just got my hands on the dinners black card. Well I have a lot to learn through. Still figuring out the website and stuff. Any help is highly appreciated.
Check out HDFC Smartbuy website for live offers 🙂
Does this offer still available? I don’t see any promo regarding this in my monthly statement.
Yes, it is live until march 2017.
Can i able to redeem the rewards point against fuel purchase(like Citi Bank Indian Oil card) or converted as cash back??? If yes for cash back how many reward point needed and value for each reward point ?
You need to check out: Iconia credit card for this 🙂
Siddharth – Are you sure that BPCL 5X promotion is still on? I do not see it in the credit cards offer page nor in the HDFC 5X promotion banner page. Looks like they have stopped the offer. (Please note that you can still find the BPCL 5X page if you search on google, but the credit card offers page has removed it).
Yes, they’re not displaying on website but the offer page is still there which says the offer ends on March 31st 2017.
Looks like it is no longer there now offer page mentions
Get 5X Reward Points on transactions at BPCL
Reward Points on swiping On HDFC Bank POS terminals Only
Reward Points will be on Retail Credit Cards with Reward Points Features
Valid 1 Oct- 31 Dec 2016
Maximum 2000 Reward Points per month
Maybe some misused it 😀
I spend around 80k to 100k a month on my icici rubyx card which gives us some payback points. Can you advise the best card to use for fuel which gives us rewards/ cashback, plus the fuel surcharge waiver.