Indian Oil Axis Bank RuPay Credit Card

Joining Fee: 500
Renewal Fee: 500
Best Suited For: Fuel | Shopping
Reward Type: Reward Points
Welcome Benefites: 100% cashback (up to Rs. 250) on the first fuel transaction made within 30 days of card issuance.

Apply Now

Add to Compare

Indian Oil Axis Bank Credit Card is a co-branded fuel credit card issued by Axis Bank in collaboration with IOCL (Indian Oil Corporation Limited). The card aims to provide great saving opportunities to those who spend very often on fuel. It is an entry-level card and hence comes with a nominal joining and annual fee of Rs. 500. The card offers a particularly high reward rate of 5% on fuel spends at IOCL filling stations and a decent reward rate of 1% on online spends. Being an entry-level credit card, although it doesn’t offer many additional benefits, you, however, do get dining and movie benefits with instant discounts on movie tickets and discounted rates at partner restaurants under the bank’s Dining Delights Program. Other than this, the cardholders get fuel surcharge waivers and many more benefits with the IndianOil Axis Bank Credit Card. Learn more about the entry-level co-branded credit card offered by Axis Bank and IOCL.

New Features

Spend Based Waiver

Renewal fee waived off on annual spending of Rs. 50,000.

Interest Rates

3.4% per month (49.36% per annum)

Add-on Card Fee

Nil

Rewards Redemption Fee

Nil

Fuel Surcharge

1% fuel surcharge waived at all filling stations across India for transactions between Rs. 200 and Rs. 5,000

Foreign Currency Markup

3.5% of the transaction amount.

Cash Advance Charges

3.4% of the total transaction amount (Minimum Rs. 500).

Movie & Dining

10% instant discount on movie ticket bookings on BookMyShow

Travel

N/A

International Lounge Access

N/A

Rewards Rate

20 Reward Points per Rs. 100 on fuel transactions at IOCL stations, 5 Reward Points per Rs. 100 on online shopping and 1 EDGE Point per Rs. 100 on all other spends with the card

Golf

N/A

Insurance Benefits

N/A

Reward Redemption

Reward Points redeemable for shopping/travel vouchers and products (from the given product catalog) on Axis Bank EDGE Rewards Portal.

Domestic Lounge Access

N/A

Zero Liability Protection

Cardholder shall not be liable for any fraudulent transaction made with the card post reporting the loss of card to the bank

Pros

The card is best suited for transactions at petrol stations, offering excellent cashback on fuel, a daily necessity. Get 10% off on movie tickets made with BookMyShow.

Cons

While this card is great for cashback on fuel transactions, it does not provide any travel benefits. You won’t receive a significant welcome benefit, only a cashback of Rs. 250 on your first transaction.

Similar Cards

Add to Compare

SBI AURUM Credit Card

SBI Card has ventured into the super-premium credit card segment with the introduction of the metallic Aurum Credit Card. The Aurum Credit Card competes directly with HDFC Bank Infinia, ICICI Bank Emeralde, and American Express Platinum credit cards. Previously, the ELITE Credit Card held the position as SBI Card’s most premium offering, but it has now been replaced by the Aurum Card. The SBI Aurum Credit Card boasts a premium appearance, featuring a metallic design and an elegant black finish adorned with golden stripes. In addition to the standard Reward Points benefits, this premium credit card offers a range of complimentary privileges. You would receive complimentary gift vouchers from Tata CliQ Luxury and Taj upon achieving specified spending milestones. Keep reading to discover more about this super-premium offering from SBI Cards.

Add to Compare

AU Bank Xcite Ace Credit Card

The AU Bank has recently launched the SwipeUp platform and a total of three cards are being issued on this platform as of now. The AU Bank Xcite Ace Credit Card is one of these three cards and comes with great benefits across several categories. It is a lifetime-free card and offers you better cashback benefits, higher credit limits, and better benefits compared to your existing credit card. You can earn up to 3% cashback using this card and this cashback is automatically adjusted against your card’s outstanding balance. Apart from this, you can exciting travel privileges, including free access to the domestic airport as well as railway lounges and complimentary travel-based insurance covers. The Xcite Ace Card also provides you with up to 30% discount on dining, great concierge services, a device protection plan, and many more such advantages. To know more about this card’s features and fees & charges, keep reading:

Add to Compare

IDFC HPCL FIRST Power Credit Card

IDFC Bank recently launched its first co-branded credit card with HPCL, the FIRST Power credit card. This RuPay credit card is in association with HPCL, which allows users to save Rs. 7000 every year and almost 65 litres of fuel every year. Cardholders can enjoy fuel benefits by paying at more than 20,000 HPCL outlets through the HP Pay App, along with a host of other lifestyle privileges. Also, as an introductory offer, the card comes with a zero joining fee till 30th April 2023, and you get welcome benefits up to Rs. 1400 with the card. You earn reward points on fuel, grocery, utility, and other retail spends that do not expire ever and can be used to redeem for a host of stuff. You can even benefit from dynamic interest rates beginning at 9% per annum and get reward points whenever you refer a friend for the credit card and the card gets set up. Read on to learn more about this credit card.

1 OFFER

Benefites of SBI Credit Card Total Benefits...

View Offers

Other Cards

View all