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.
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

IndianOil HDFC Bank Credit Card

IndianOil HDFC credit card is a co-branded credit card issued by the HDFC Bank in collaboration with IndianOil. This card rewards you in the form of fuel points, which can be used for purchasing fuel at Indian Oil Petrol pumps. Axis Bank also offers a similar credit card named ‘IndianOil Axis Bank Credit Card‘ in partnership with the Indian Oil Corporation Limited, which can be considered a strong competitor to this card. You can get up to 50 liters of free fuel annually by purchasing the fuel with the fuel points you earn. You also get a complimentary membership IndianOil XTRAREWARDS Program (IXRP), which enables you to redeem the fuel points at a rate of 1 FP = Re. 0.96, which is a very good rate. Not only fuel points but you can also redeem your earned fuel points against products/vouchers and several other categories. This card comes with a nominal joining fee of Rs 500, which can be waived off if you spend Rs 20,000 in the first 90 days of card issuance. Read below to know more about the IndianOil HDFC credit card.

View More
Add to Compare

IndusInd Bank Pinnacle World Credit Card

The IndusInd Bank Pinnacle World Credit Card is a premium card offering exclusive privileges across several categories. With joining fees of Rs. 13,000, as a welcome benefit, the card offers the opportunity to choose a gift voucher from several popular brands, including Oberoi hotels, BATA, Luxe gift card, Vero Moda, etc. For every transaction of Rs. 100, the card offers 2.5 reward points using the car, i.e., you can save up to 2.5% on your purchases. On booking your movie tickets on BookMyShow, you can enjoy the ‘Buy 1 Get 1 free offer’ and get up to 3 complimentary tickets every month. Coming to its travel benefits, you get complimentary domestic and international airport lounge visits and complimentary Priority Pass membership. You can also enjoy free golf rounds and lessons every year at some of the premium golf courses across the country. To know more about the benefits of the IndusInd Pinnacle Credit Card, keep reading.

View More
Add to Compare

BookMyShow RBL Bank Play Credit Card

The BookMyShow RBL Bank Play Credit Card is a co-branded credit card issued by RBL Bank in partnership with BookMyShow. The card is majorly targeted at those who love watching movies and book all their movie/event tickets using BookMyShow. It comes with a nominal annual membership fee of Rs. 500, which is waived off if the cardholder achieves the required annual spend in an anniversary year.  The card is absolutely free for the BookMyShow Super Star members. This card doesn’t offer a regular reward rate like most of the other credit cards, but it comes with a unique concept of rewards. The cardholders can earn two free movie/non-movie tickets every month by achieving the required monthly spend. Other benefits of the card include exciting welcome benefits, an easy redemption process, a fuel surcharge waiver, etc.  For more information about the BMS RBL Play Credit Card, keep reading the article:

View More