IndianOil Axis Bank Credit Card
Axis Bank · Checked 2026-10-09
IndianOil Axis Bank Credit Card is a paid card focused on fuel savings, online spending and reward points, charging ₹500 annually before GST.
CardIQ editorial view
Our take
IndianOil Axis Bank Credit Card is a paid card focused on fuel savings, online spending and reward points, charging ₹500 annually before GST.
Who it suits
- People who prioritise fuel savings.
- People who prioritise online spending.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 20 EDGE points per ₹100 on eligible IndianOil fuel purchases.
- Fuel surcharge waiver has separate transaction and monthly limits.
Trade-offs to understand
- Fuel reward value is 4%; only eligible ₹400–₹4,000 settlements qualify and monthly spend caps apply.
- 5 points per ₹100 on eligible online purchases, on up to ₹5,000 eligible monthly spend.
- Fuel surcharge waiver has separate transaction and monthly limits.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 20 edge points per ₹100 on eligible indianoil fuel purchases valuable enough to clear the fee. Factor in this condition: Fuel reward value is 4%; only eligible ₹400–₹4,000 settlements qualify and monthly spend caps apply.
Compare before deciding
- AU Tejas — A similarly priced alternative for comparing reward points and online spending.
- HDFC Bank MoneyBack+ — A similarly priced alternative for comparing reward points and online spending.
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Benefits, limits and conditions
- Fuel reward value is 4%; only eligible ₹400–₹4,000 settlements qualify and monthly spend caps apply.
- 5 points per ₹100 on eligible online purchases, on up to ₹5,000 eligible monthly spend.
- Fuel surcharge waiver has separate transaction and monthly limits.