The IndianOil RBL Bank XTRA Credit Card is a co-branded fuel credit card offered by RBL Bank and Indian Oil Limited. It offers reward points that can be redeemed for fuel purchases at IndianOil fuel stations. The card offers a valueback of 8.5% on fuel transactions, making it an attractive option for individuals who frequent IndianOil fuel stations.

The card offers 15 Fuel Points for every Rs. 100 spent at IndianOil fuel stations, which can be redeemed for fuel worth Rs. 7.5, resulting in a valueback of 7.5%. Additionally, the 1% fuel surcharge is waived on transactions, increasing the total valueback to 8.5%. The card also offers a bonus of 1,000 Fuel Points on crossing the quarterly spends milestone of Rs. 75,000.

The card comes with a joining and annual renewal fee of Rs. 1,500 + Taxes. The annual fee is waived on spending Rs. 2,75,000 in the previous year. The card is available on the MasterCard and RuPay network, and can be redeemed for fuel purchases at IndianOil fuel stations.

The IndianOil RBL Bank XTRA Credit Card is a good option for individuals who have high monthly fuel spends and frequent IndianOil fuel stations. However, it may not be suitable for others who do not frequent IndianOil fuel stations or have lower fuel spends. Overall, the card offers a good valueback for fuel transactions, making it an attractive option for those who can take advantage of its benefits.