Petrol, Diesel at Record High: Fuel Credit Cards Can Help you Save Big with Discounts. How to Choose

Asia's Tech News Daily

© Provided by News18 Petrol, Diesel at Record High: Fuel Credit Cards Can Help you Save Big with Discounts. How to Choose

Fuel prices are skyrocketing and a number of credit card companies are trying to bank on this opportunity by offering reward points, discounts, and cash backs to potential new customers. At a time when petrol and diesel prices are touching all-time high, more and more credit card offers on fuel purchases are flooding the market. In association with fuel companies like BPCL and HP, card companies have launched co-branded credit cards.

This week too, SBI card partnered with Bharat Petroleum to launch the RuPay contactless card, co-branded by BPCL and SBI. The RuPay card promises 13X reward points on every Rs 100 spent on fuel purchases at Bharat Petroleum petrol pumps. And on every transaction of up to Rs. 4,000, it gives a 1 per cent fuel surcharge waiver.

You might come across credit card agents at petrol pumps, who make big promises but before making this decision, you must widen your knowledge horizon on how these cards work.

Fuel cards can prove to be very beneficial and money saver for those who travel a lot usingtheir vehicles. This is because the more fuel these cardholders buy, they would get more rewards, cashbacks, or discounts. But the credit card firms work in association with oil companies and put forth a number of conditions to unlock the rewards or a refund. If your daily or monthly fuel expenditure is high, fuel cards would be rewarding.

Check out these factors before taking up a fuel card –

Consider actual costs and compare

Before purchasing the fuel cards, you must consider the factors including the joining price, overall cost of the card, and annual fee. Generally, credit card companies have fixed annual spend thresholds, and once you cross the said bar, the annual feeis waived off. But if you fail to spend the amount, you will have to pay this fee and it will impact the overall savings you would want to make.

Read the list of petrol pumps

If you are already using a co-branded fuel credit card, you will get rewards only if you use it at specific fuel stations. Hence, before applying for the fuel card, read the list of petrol pumps where you can use it and redeem reward points.

Assess your spending habits

Apply for the fuel card that matches your spending habits. The reward points on fuel credit cards can be redeemed against fuel spends at specific outlets. However, reward points can also be redeemed as gift vouchers.

Compare charges

Make sure that you compare finance charges, which are applicable in case the credit card bill payments are delayed.

Expiry Date?

If you have bought a fuel card, make sure you keep in mind the expiry date to redeem the reward points. There are some companies that have no expiry date. Hence, it is always important to read all the terms and conditions before making the purchase.

Read all the Latest News, Breaking News and Coronavirus News here. Follow us on Facebook, Twitter and Telegram.

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Langnau gegen Zug – wie eine taktische Meisterleistung zu einem Drama wird

© MARCEL BIERI/keystone-sda.ch Tigers Topscorer Jesper Olofsson, links, im Kampf um den Puck gegen Zugs Jan Kovar, rechts. Meister Zug gewinnt in Langnau 5:0. Das Spiel hätte auch ganz anders ... Read more »

Why Manchester United manager Ralf Rangnick wants to meet Sir Alex Ferguson

Ralf Rangnick is planning on having lunch with Sir Alex Ferguson as soon as he can after taking over as Manchester United manager. The 63-year-old arrived in the UK earlier ... Read more »

Australia live news update: Scott Morrison and Dominic Perrottet press conference; Victoria and NSW won't close border over Omicron Covid variant

LIVE – Updated at 05:09 Follow live updates.   05:09 Perrottet says the “constructive relationship” between the state and federal government over the past couple of years demonstrates they will ... Read more »

7 Times Ida Anduyan Made Us Want to Coordinate Outfits with Our S.O.

© Provided by Preview.ph ICYDK, there are many ways to match OOTDs with your S.O.. Whether you don the same colors, pick out certain hues from what your partner is ... Read more »

Canada's Para Nordic Ski Team claims 3 gold medals, bronze to open World Cup Season

© @NordiqCanada/Twitter Brittany Hudak, of Prince Albert, Sask., got her first career victory at the Para World Cup, tying fellow Canadian Natalie Wilkie’s time in Canmore, Alta., on Saturday. Canada’s Para Nordic ... Read more »

Vicki Belo hates her birthday, and here's why

Dr. Vicki Belo has revealed why she despises greetings on her birthday. © Provided by Dailypedia In an interview with Ogie Diaz, she said her birthday only brings pain because ... Read more »

Delivery rider cries after his bike got stolen while picking up order

A food panda rider was left crying in the middle of the street after his bicycle got stolen. © Provided by Dailypedia In a video uploaded by Raymond Bartolome on ... Read more »

For sub-continental spin masters, all the world's a stage

© Provided by The Times of India What’s common between New Zealand spin sensation Ajaz Patel, Ish Sodhi, Moeen Ali, Imran Tahir, Adil Rashid, Tabraiz Shamsi and Keshav Maharaj. All ... Read more »

Virat Kohli, Rahul Dravid, Siraj visit New Zealand dugout to congratulate Ajaz Patel for 10-wicket haul, video goes viral - WATCH

© Provided by Zee News Mumbai-born New Zealand spinner Ajaz Patel entered the history books after he picked all ten wickets in an innings on Saturday (December 3). He achieved the ... Read more »

Vicky Kaushal-Katrina Kaif's Latest Wedding Update: Couple to Arrive Their Marriage Destination on THIS Date

© Kritika Vaid | India.com Entertainment Desk Vicky Kaushal-Katrina Kaif’s Latest Wedding Update: Couple to Arrive Their Marriage Destination on THIS Date Vicky Kaushal-Katrina Kaif’s Latest Wedding Update: As soon ... Read more »

Kyunki Ekta Kapoor is on audio too

© Provided by Mid-Day We have to admit, and right at the beginning, that audio is not our most favourite format. We’d rather read than listen to books, and watch ... Read more »

Thalapathy Vijay's son Sanjay pens a heartwarming note to his dad as he completes 29 years in industry

© Provided by Pinkvilla Thalapathy Vijay is the most popular and loved actor in the South. He has completed 29 years in the industry and social media is trending his ... Read more »

The Christmas pantomime goes halal

© Provided by Mid-Day A Kashmiri actress who made Mumbai her home is suddenly at the centre of Christmas cheer in Britain with an innovative comedy musical act inspired by ... Read more »

US makes it mandatory for all incoming passengers to carry negative COVID-19 test report

The US has made it mandatory for all incoming passengers, including those from India, to carry a negative COVID-19 test report or a proof of recovery from the contagion amidst ... Read more »

COVID-19: India records 2,796 deaths as Bihar reconciles data

India saw a single-day rise of 2,796 fatalities with Bihar carrying out a reconciliation exercise of its Covid data, pushing the country’s death toll to 4,73,326, while 8,895 new infections ... Read more »

PM mesti minta maaf kerana ‘ugut' pengundi Sarawak, kata Ahli Parlimen DAP

© Provided by Free Malaysia Today Teo Nie Ching bertanya sama ada Perdana Menteri Ismail Sabri Yaakob mengaku beliau bersikap tidak adil dalam peruntukan Bajet 2022 kepada Pulau Pinang, Selangor ... Read more »

Australia live news update: Victoria and NSW won't close border over Omicron Covid variant; Labor rules out governing with Greens

LIVE – Updated at 04:58 Follow live updates.   04:58 I’m finishing up for today, so I will once again hand over the blog to Nino Bucci! Labor rules out ... Read more »

St. Paul asks to move trial of cops charged with George Floyd murder

Former Minneapolis Police Officers Thomas Lane, J. Alexander Kueng and Tou Thao, and Derek Chauvin have pleaded not guilty to charges from the Justice Department for violating Floyd’s right to ... Read more »

Why India has reached a cryptocurrency crossroad

© MANJUNATH KIRAN The symbol for Bitcoin is pictured at the entrance of a private office in Bangalore. India’s government is working on legislation that could ban payments using digital ... Read more »

COVID-19: Omicron variant may reduce gap between infection and infectiousness - as UK cases rise to 160

The Omicron variant of COVID-19 may shorten the window between infection and infectiousness compared to other strains, new analysis by British scientists suggests. The “reduced incubation period” of Omicron, identified ... Read more »

IND vs NZ 2021 Live Cricket Score, 2nd Test, Day 3: India Off to Superb Start; Lose Mayank Agarwal

© Provided by News18 IND vs NZ 2021 Live Cricket Score, 2nd Test, Day 3: India Off to Superb Start; Lose Mayank Agarwal IND vs NZ 2021 Live Cricket Score, 2nd ... Read more »

Desi Man Paid Rs 1000 for 'Chole Bhature' in Sweden and Instantly Missed Home

© Provided by News18 Desi Man Paid Rs 1000 for ‘Chole Bhature’ in Sweden and Instantly Missed Home Desis and their love for chole bhature is nothing new. Whether you ... Read more »

TMC will Sack Workers who Intimidate Candidates from Other Parties, Voters: Abhishek Banerjee

© Provided by News18 TMC will Sack Workers who Intimidate Candidates from Other Parties, Voters: Abhishek Banerjee Ahead of the Kolkata municipal elections on December 19, the TMC has issued ... Read more »

Have you heard of a diabetes-fighting thali? Here's why you MUST nosh on it

Diabetes is no joke. It can affect our life’s quality extensively, if not managed properly through right lifestyle and food changes. While for those suffering from diabetes, the broader eating ... Read more »

Dyson splits with Malaysia supplier, stoking concern over migrant worker treatment

By A. Ananthalakshmi and Liz Lee © Reuters/A. ANANTHALAKSHMI Security guard stands near the gate of Dyson office in Senai JOHOR BAHRU, Malaysia(Reuters) – A short drive across the border ... Read more »

How to get the Diabolos Wings in Final Fantasy XIV

© Provided by GamePur You’ll be hunting down several items, equipment, and unique minions to add to your collection as you work your way through Final Fantasy XIV’s Endwalker expansion. ... Read more »

‘Goli Beta Masti Nahi': Taarak Mehta's Sonu Aka Nidhi Bhanushali Poses With Kush Shah Holding a Broom, Fans React to Funny Photo

© Kritika Vaid Taarak Mehta Ka Ooltah Chashmah’s Kush Shah Poses With Sonu Aka Nidhi Bhanushali With a Broom Taarak Mehta Ka Ooltah Chashmah (TMKOC) has been one of the ... Read more »

Vicky Kaushal Is Set To Lose His Eligible Bachelor Status Soon, Check Out His Dapper And Sexy Pictures

Vicky Kaushal is in news for his impending wedding to Katrina Kaif. Here’s a look at his dapper photos. (Image: Instagram) Vicky Kaushal looks smart in the pinstripe blazer and ... Read more »

Arjun Kapoor calls himself 'selfie king' while on Maldives vacay with Malaika; Parineeti Chopra has a request

© Provided by Pinkvilla Arjun Kapoor and Malaika Arora are busy vacationing in the Maldives and dropping some serious holiday goals. The lovebirds, who usually like to keep things private, ... Read more »

Samantha talks about letting go and acceptance after her split with Naga Chaitanya

Samantha has been sharing inspirational quotes on her Instagram page. Samantha is going through a divorce, but that doesn’t stop her from spreading positive affirmations on social media. Especially after ... Read more »

Anupamaa Big Update: MaAn chemistry to intensify, Anu and Anuj to get an OST [Exclusive]

© Provided by BollywoodLife.com Anupamaa show is getting more and more interesting and intriguing with each new episode. The relationships within the show are so volatile that if one had ... Read more »

UAE weather: Fair to partly cloudy; temperature drops to 14°C

© Provided by Khaleej Times Photo by M. Sajjad The UAE may experience some bouts of humidity on Sunday, but for the most part, residents can look forward to a ... Read more »

Umno tidak mungkir janji, PAS pula jangan tinggalkan MN kerana Bersatu, kata Tok Mat

© Provided by Free Malaysia Today Mohamad berkata walaupun pada dasarnya penubuhan Muafakat Nasional adalah untuk memayungi semua orang Melayu, namun penyertaan mereka perlu selari dengan kepentingan dan realiti politik ... Read more »

Britons can achieve the ‘perfect' retirement - use ‘free money' for your goal

Retirement can be costly, especially as people are spending a higher proportion of their adult lives retired than ever before. As a result, it will be important to plan ahead ... Read more »

Could the NHL go back to taxi squads because of AHL COVID issues?

The NHL might need to consider bringing back taxi squads because of COVID-19 issues in the American Hockey League. © @AHLHeat Stockton Heat With seven AHL teams shut down currently ... Read more »

'Ignore the noise around cryptocurrency!' Investors warned of 'only real certainty'

Since its creation a mere 12 years ago, cryptocurrency has swiftly broken away from mainstream investment markets and created a whole new line of potential wealth. CEO of BCB Group, ... Read more »

Canadiens may have interest in agent Kent Hughes in GM search

As the Montreal Canadiens try to right the ship after a tough start to the season, newly hired executive vice president Jeff Gorton has a critical decision to make in ... Read more »

Paukenschlag beim US-Newssender: CNN entlässt Moderator Chris Cuomo wegen Unterstützung seines Bruders

New Yorks Gouverneur Andrew Cuomo war wegen Belästigungsvorwürfen zurückgetreten. Offenbar versuchte ihm sein Bruder, CNN-Moderator Chris Cuomo, noch tatkräftig zu helfen. Jetzt sind beide ihre Positionen los. © Bereitgestellt von ... Read more »

Australia live news update: Victoria and NSW won't close border over Omicron Covid variant; Qld flood warning; Albanese speaks at campaign rally

LIVE – Updated at 04:38 Follow live updates.   04:38 Nino Bucci The Bureau of Meteorology says there will be no flight interruptions caused by the eruption of a volcano ... Read more »

Wolves criticised as Liverpool boss Jurgen Klopp makes 'unfair' comment

A 94th minute goal from impact sub Divock Origi saw Liverpool defeat a gutsy Wolverhampton Wanderers at Molineux. Bruno Lage’s team matched Premier League title contenders Liverpool for 90 minutes ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic