Fuel surcharge waiver on credit card in India

Navigate through convenience and costs using the Bajaj Finserv DBS Bank SuperCard.
Fuel surcharge waiver on credit card in India
5 min read
16th Aug 2023

In the rapidly evolving landscape of finance and technology, credit cards have emerged as indispensable tools for today’s generation in India. Credit cards, with their blend of financial flexibility and rewards, fit seamlessly into our lifestyles. Among the numerous features offered by credit cards, the fuel surcharge waiver has captured the attention of those who are eager to optimise their expenses.

Benefits offered by Indian credit cards

Indian credit cards have evolved beyond their conventional roles, evolving into lifestyle companions that offer more than just financial transactions. Cashback rewards, travel privileges, dining discounts, and access to exclusive events are some of the perks that attract youngsters to credit card usage.

Types of Bajaj Finserv co-branded credit cards

Bajaj Finserv co-branded cards have garnered significant attention for their unique blend of features that cater to your preferences. Two noteworthy options are the Bajaj Finserv RBL Bank Credit Card and the Bajaj Finserv DBS Bank SuperCard.

Fuel surcharge waiver offered by Bajaj Finserv co-branded credit cards

The Bajaj Finserv DBS Bank Credit Card and Bajaj Finserv RBL Bank Credit Card distinguishes itself by offering a solution to the fuel surcharge problem. Fuel surcharges, which can add up over time and impact users' budgets, are a common pain point for credit card users. These co-branded cards tackle this challenge head-on.

One of the standout features of these cards is their comprehensive fuel surcharge waiver. This means that you can make fuel transactions at petrol stations without incurring the additional surcharge cost. By providing a fuel surcharge waiver, these co-branded cards ensure that you can optimise your expenses without compromising your financial goals. This reduction in transaction costs aligns perfectly with the mindset of seeking value in every financial decision.

  • The Bajaj Finserv RBL Bank Travel Easy SuperCard offers a 10% cashback on fuel purchases.
  • With the Bajaj Finserv RBL Bank Binge SuperCard, Bajaj Finserv RBL Bank Platinum Plus SuperCard, Bajaj Finserv RBL Bank Platinum Choice SuperCard, Bajaj Finserv RBL Bank Platinum Edge SuperCard, and the Bajaj Finserv RBL Bank Platinum Advantage SuperCard, you get a fuel surcharge waiver up to of Rs. 1,200 in a year (i.e. up to Rs. 100 per month).
  • You get a fuel surcharge waiver of Rs. 1,800 a year with the Bajaj Finserv DBS Bank 7X Rewards Credit Card and Bajaj Finserv DBS Bank 7X Plus Rewards Credit Card.
  • The Bajaj Finserv DBS Bank 10X Plus Signature Credit Card, Bajaj Finserv DBS Bank 10X Signature Credit Card, offers a waiver of up to Rs. 200 per month on fuel surcharge expenses. This means you get a fuel surcharge waiver of up to Rs. 2,400 a year.

Key takeaway

The fuel surcharge waiver is not just about saving on transaction costs; it is about providing you with a tool that helps you navigate your financial journeys efficiently. With this innovation, you can embrace your financial aspirations while enjoying life's conveniences to the fullest. As the credit card landscape evolves, offerings that cater to the young mindset will undoubtedly continue to shape how they manage their finances and make the most of the resources at their disposal.

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Frequently asked questions

What is the fuel surcharge on a credit card?

The fuel surcharge on a credit card is an extra fee added to your total cost when you use your credit card to purchase fuel at petrol pumps. This surcharge is levied by the fuel station and varies from one location to another.

Is it good to use a credit card for fuel?

Using a credit card for fuel is a convenient option as it eliminates the need for carrying cash. Moreover, many credit cards offer cashback, reward points, or discounts on fuel purchases, which can help you save money in the long run. However, it is essential to ensure that you make timely payments on your credit card to avoid accumulating interest charges and damaging your credit score.

How can I avoid a fuel surcharge on my credit card?

Some credit cards offer waivers or discounts on the fuel surcharge levied on your purchases, while others offer cashback, reward points, or other benefits to offset the cost. Make sure to compare credit cards and choose one that offers the best fuel surcharge benefits for your needs. Additionally, you can also consider using digital payment options such as UPI or mobile wallets, which do not attract surcharges.

How is the fuel surcharge calculated on credit card transactions?

The calculation of fuel surcharge in credit card transactions is based on a certain percentage of the total fuel purchase value. This percentage, which generally ranges from 1% to 2.5%, is determined by the credit card provider and is added to the total fuel transaction cost.

Are there any ways to avoid or reduce fuel surcharges on credit cards?

Indeed, there are strategies to evade or lessen fuel surcharges. Credit cards like the Bajaj Finserv RBL Bank Credit Card provide waivers on fuel surcharges as a benefit. To benefit from this, cardholders must use the specific credit card for their fuel purchases. Additionally, certain credit cards offer rewards or cashback on fuel purchases, which can help counterbalance the fuel surcharge.

Do all credit cards impose fuel surcharges on fuel purchases?

Not necessarily. Some credit card providers do not impose fuel surcharges on fuel purchases and offer waivers for certain cardholders or members of their loyalty programs. However, an additional fee, known as a fuel surcharge, is typically charged when you use a credit card to pay for fuel at petrol stations.

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