[mayank4823]

Originally Posted by pedrolourenco

From what you have posted it seems to be a good card for fuel compared to other co-branded fuel cards.
How has your experience with RBL (not limited this card but in general) been? Many people (including me) experienced RBL cards for the first time with the RBL Zomato card. The rewards were good and it made sense in you were using Zomato a lot. However many people complained that they were not happy with the service of RBL. Even I did not have a very nice experience and I ended up cancelling the card.

I don't have an RBL Account or any other RBL Credit Card. My only interaction with RBL has been through this card which has been fine so far. Everything from approval of card to redemption of points has been swift. I had a couple of queries with this card and the customer care was quick in clearing my doubts so no complaints so far.

[ashkamath]

Originally Posted by mayank4823

Hey guys. This thread seems like the perfect place to share my opinion on IndianOil XTRA CC by RBL. It has been 2 months since I started using it and the card is exactly what it promises. (7.5% discount on fuel) If your expense on fuel is more than 8-10k per month, I highly recommend it. The annual fee is 1500 + GST but the welcome benefit of 3000 points nullifies the yearly fee. Here's a short breakdown of my usage.

A friend of mine, informed me of a similar card with identical benefits.
The BPCL SBI Card OCTANE joining fee is Rs 1,499.
Annual subscription fee is again Rs 1,499 (waived off, when the annual spend is Rs 2 Lakh & above).
7.25% value back on fuel expenses only at BPCL pumps,
Welcome benefit of 6000 bonus points worth Rs 1500 on joining.
4 times air travel domestic VISA lounge access ( one per quarter)

It seems the petroleum companies are teaming with banks to offer such credit cards and benefits are identical.

[mayank4823]

Originally Posted by ashkamath

A friend of mine, informed me of a similar card with identical benefits.
The BPCL SBI Card OCTANE joining fee is Rs 1,499.
Annual subscription fee is again Rs 1,499 (waived off, when the annual spend is Rs 2 Lakh & above).
7.25% value back on fuel expenses only at BPCL pumps,
Welcome benefit of 6000 bonus points worth Rs 1500 on joining.
4 times air travel domestic VISA lounge access ( one per quarter)

It seems the petroleum companies are teaming with banks to offer such credit cards and benefits are identical.

Yes. I would have gone with that card but I only visit IOCL Pumps because of XP95 so I opted for an IndianOil Card.

[pedrolourenco]

Originally Posted by mayank4823

IndianOil XTRA CC by RBL. It has been 2 months since I started using it and the card is exactly what it promises. (7.5% discount on fuel)

Originally Posted by ashkamath

The BPCL SBI Card OCTANE joining fee is Rs 1,499.
Annual subscription fee is again Rs 1,499 (waived off, when the annual spend is Rs 2 Lakh & above).

All the features are almost the same with each card having some very minor benefits over the other.
The choice of Petroleum company you use is a major factor between deciding. But we should also not forget another factor; The issuing Bank. In that case I would prefer SBI as they have been in the market for long have have a good network.

My first credit card was a Bobcard which was later upgraded to a Bobcard Bharat Petroleum co-branded card. Those days (around 19960 very few pumps used to accept cards. I used to fill at one pump that accepted cards and also use my card to popup my BPCL Petrocard to use at BPCL pumps that didn't accept credit cards.
Now that I primarily use an EV, I don't bother about have a Petroleum company co-branded card. I fill up my Petrol and Diesel Cars once every 2 months.

[Bh.P]

Hi everyone. Need some clarity on a credit card charge.

I recently made a spend on my credit card. Say the amount was 5000.

The site did mention that there may be a transaction fee for credit cards (usually these are added and clearly shown on the confirm payment page). However, on proceeding to the next step, the total amount was shown as the same 5000. No transaction charges we re added. Even the amount mentioned in the OTP SMS was same, Rs. 5000/- .

When I received the statement, the transaction is higher (around 1%). Is this legal? Should they not be sending me the total amount I am authorizing in the OTP SMS?

I feel it is wrong to get an authorization for one amount, and charge me a different amount. Is there anything I can do to contest this? This is a ICICI Bank credit card.

[AsphaltNomad]

Originally Posted by Bh.P

I feel it is wrong to get an authorization for one amount, and charge me a different amount. Is there anything I can do to contest this? This is a ICICI Bank credit card.

As far as my experience goes, this is the way any bank credit cards operate. I agree with you and find it annoying that the amount authorized vs what appears in the transaction statement is different

[shardul_pathak]

Hi Guys, I have been eyeing the HDFC Infinia for the longest time now. Have a banking relationship with HDFC, but on the down side, due to my job in the Merchant Navy, my tax residency status is that of a NRI.

I'm aware that Infinia can be had against a FD with HDFC, but my RM either doesn't know of this, or is reluctant to enquire/execute, owing to the long paper trail he might have to create.

Can someone here, with an existing Infinia share their RM's number with me over a personal message?

It would be of great help!

[somersault]

Friends,

I need advice on the following.
My bank ICICI is offering me Emeralde card free of cost based on our total combined relationship. The RM says the card will be free lifetime. I do not travel much with airline but when I travel, I prefer minimum premium economy or business. I do not go golfing which is offered here.

Purely from the points and redemption point of view, does anyone has any experience with this card? Should I go for it?

My current card is Amazon Pay credit card as it offers point based cashback directly into the Amazon Pay wallet, which I can use to purchase things on Amazon site for anything or even on Zomato/ Swiggy for food or movie tickets.

https://www.icicibank.com/ms/Persona...ard/index.html

[itwasntme]

Originally Posted by Bh.P

The site did mention that there may be a transaction fee for credit cards (usually these are added and clearly shown on the confirm payment page).
When I received the statement, the transaction is higher (around 1%). Is this legal? Should they not be sending me the total amount I am authorizing in the OTP SMS?

Yes, the vendor can charge more (or less) within a limit set by your card issuer. This is typically to cover unanticipated taxes and fees (your case) and things like tips at restaurants.

Was this a domestic or international transaction and a small merchant or a big one? It is a bit unusual but not unheard of.

[vishwaschettri]

Yes please. I and many others here would want to know this.

Originally Posted by s4ch

You can also easily 5x your reward points by getting the so called Amazon Trifecta (MRCC, Gold, Platinum Travel). Happy to help you with the calculations on this if you are interested.

[Mahesh Babu]

Originally Posted by Bh.P

Hi everyone. Need some clarity on a credit card charge.

I recently made a spend on my credit card. Say the amount was 5000.

The site did mention that there may be a transaction fee for credit cards (usually these are added and clearly shown on the confirm payment page). However, on proceeding to the next step, the total amount was shown as the same 5000. No transaction charges we re added. Even the amount mentioned in the OTP SMS was same, Rs. 5000/- .

When I received the statement, the transaction is higher (around 1%). Is this legal? Should they not be sending me the total amount I am authorizing in the OTP SMS?

I feel it is wrong to get an authorization for one amount, and charge me a different amount. Is there anything I can do to contest this? This is a ICICI Bank credit card.

But doesn't it happen every time you use your credit card for fuel purchase? The fuel surcharge is never included in the bill or OTP, but it will show up in your next month's card statement (which may or may not be eligible for refund as per your card features). I remember an old incident more than 20 years back when I used my HSBC card to settle my bill for a fair amount after service of my Honda City at Honda ASS and was shocked to see the next statement. Exchanged a series of mails with HSBC, but they held on to their stand that such was their agreement with the ASS, which belonged to a merchant category which permitted them to collect extra. My contention was the same as yours that "in that case the customer should be made aware of such a charge before I make the payment" Needless to say nothing happened and the saga continues in every petrol bunk even today, are we warned about the extra charge for using the card?

[d.w.w.]

Recently I noticed that my SBI credit card points have decreased without any redemption. I thought it could be some points that expired, but after carefully going through last couple of statements, they have been deducting points every month with out any explanation. The deductions range from 200-400. I went through the card T&C and found this.

Reward Points accrued on transactions eligible for Instant Discount and Cashback offers will be forfeited, for offers as per Program T&C. Reward Points will be forfeited for all transactions done during offer period and considered for Offer computation. In case cardholder does not have adequate Reward Points balance at the time of forfeiture, an amount equal to the deficit in the Reward Points will be debited from the card account. T&C

However all transactions on the last statement were offline with no instant discount/cashback and there were no refunds either. Any pointers to why the deduction is happening? This is SBI simply click card if that helps.

[MyLife_MyCar]

Originally Posted by Mahesh Babu

My contention was the same as yours that "in that case the customer should be made aware of such a charge before I make the payment" Needless to say nothing happened and the saga continues in every petrol bunk even today, are we warned about the extra charge for using the card?

Almost every credit card will have a mention of “fuel surcharge waiver” on their website or the welcome kit or told by the sales person.
If it’s not mentioned, then customer would have to bear the surcharge. It is never explicitly told by petrol pump guy or the bank.

[Bh.P]

Originally Posted by itwasntme

Was this a domestic or international transaction and a small merchant or a big one? It is a bit unusual but not unheard of.

It was a domestic transaction. In all my past online transactions, the charges are added to the amount and shown before I made the payment. Even the OTP SMS clearly mentioned the amount with the charges. This is the first time I see the amount did not reflect the charges, so I thought there are no charges. The merchant website is a very very large government agency. So I assumed there are no charges.

[Fx14]

Originally Posted by Bh.P

This is the first time I see the amount did not reflect the charges, so I thought there are no charges. The merchant website is a very very large government agency. So I assumed there are no charges.

Have observed that the PSU's / Fuel pumps / Railways / government bodies etc. do not absorb the surcharges for card usage and they are levied by the Banks as a separate transaction.