How to Save Money on Fuel with These Credit Cards

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fuel credit cards has increased tenfold owing to rising fuel prices. Reports show that the share of these cards increased to 13.1% from 4.95% last year as people sought ways to deal with higher fuel costs. With prices showing no signs of falling, these cards can be an effective tool to save money on fuel expenses.

But what are fuel credit cards, and do they really help? Let’s discover how they can reduce fuel costs and increase your monthly savings. People who commute regularly and wish to save on fuel costs should consider fuel credit cards.The credit cards are typically co-branded with oil companies such as Bharat Petroleum, Hindustan Petroleum, and Indian Oil, and allow customers to earn cashback, discounts, and reward points at their gas stations. The reward points you earn can then be redeemed against fuel purchases, further reducing your fuel expenses.

Let's dive deeper to understand the benefits of fuel credit cards. Introducing the FIRST Power and FIRST Power+ Credit Cards, a collaboration between IDFC FIRST Bank and Hindustan Petroleum Corporation Limited (HPCL). With these RuPay credit cards, you can save money on fuel by: With FIRST Power Credit Cards, you save 5% monthly on fuel expenses - 2.5% as HPCL fuel and LPG Rewards, 1.5% as Happy Coins via the HP Pay App, and 1% as fuel surcharge.

FIRST Power+ Credit Cards offer even more, with 6.5% monthly fuel savings - 4% as HPCL fuel and LPG Rewards, 1.5% as Happy Coins through the HP Pay App, and 1% as fuel surcharge. Your card isn't just for filling up the tank; it's your ally for everyday expenses too. With the FIRST Power+ and FIRST Power Credit Cards, you can cash in on 3X and 2X reward points respectively when you make other retail transactions.