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OneCard devaluation from 15th December onward - No Reward On Fuel

RishiKiDev

TF Ace
In the current season of credit card devaluations, OneCard has been hit by devaluation.
Just now received an email.
No more rewards on Fuel. But still they're giving fuel surcharge waiver.

Very much dissappointed. Was using it every month for Fuel purchases.
 

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plastikman

TF Ace
Contributor
VIP Lounge
In the current season of credit card devaluations, OneCard has been hit by devaluation.
Just now received an email.
No more rewards on Fuel. But still they're giving fuel surcharge waiver.

Very much dissappointed. Was using it every month for Fuel purchases.
Haven't received the email yet. Kou bank ra card acchi ? Mor Federal Bank.
 
I thought that the GST on fuel surcharge is never returned by any card issuer. Same with OneCard?

Basically, the system is like this.

If a IOC petrol bunk is using a POS machine issued by HDFC, and you use HDFC card(s), depending on the type of card and the facility given to you by HDFC, they will return the surcharge (with GST) - with or without reimbursement limits. Returning the GST is subjective on some cards. However, if the IOC petrol bunk using HDFC's POS machine, and you use Citi Bank card - even if it is an Indian Oil co-branded, Citi will NOT return the surcharge (so returning the GST does not arise at all).

I fought vehemently with Citi and SBI on this count. It looks stupid paying surcharge (and GST on that) despite using a IOC co-branded card, in a IOC exclusive petrol bunk, to buy only IOC products. The silliest excuse I got from Citi/Axis/HDFC/SBI - over a period of 2 years of fighting - is that EVEN THE POS MACHINE MUST BE THEIR OWN to get surcharge waiver. No where it is mentioned like that. But, by saying so, they are saving a lot of money by denying the benefit to us. How can I - as a CC holder - has any control over what type of POS the bunk uses ?

So, in protest, I returned those co-branded cards and using wallets, till 1Card came along. 1Card returns all surcharges, and even the GST, down to the last paisa. Since then, all my fuel bills are logged only on 1Card.
 
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