Axis Bank Indian Oil Premium Credit Card
Axis Bank Indian Oil Premium Credit Card

The IndianOil Axis Bank Premium Credit Card is for people who regularly spend on fuel and groceries, offering unbelievable value through rewards and savings. Earn accelerated EDGE Miles on fuel and grocery purchases, rewarding every transaction. Additionally, get 30% off on Zomato orders for your dining needs. The card also provides complimentary airport lounge access, adding comfort to your travels. It’s the perfect companion for smart and frequent spenders.

Overview

Category Details
Type of Card
Fuel credit card
Annual Fee
₹1000 + GST
Reward Rate
0.6%-4%
USP
Earn Edge Miles on fuel purchase
Best Use For
Fuel Spending

Joining & Renewal Fees

Category Details
Joining Fee
₹1000 + GST
Joining Benefit

Get 500 Edge Miles (worth ₹ 500)

Welcome Benefit Criteria

First transaction to be done within 30 days of card issuance

Renewal Fees

₹500+ GST

Renewal Benefit
Nil
Renewal Waiver
Spend ₹1 lakh or more in the preceding 12 months and get the renewal membership fee waived for next year

Edge Point Earning Potential

  • 6 EDGE Miles

    Earn 6 Axis EDGE points for every ₹150 spent at Indian oil fuel outlet.

  • 2 EDGE Miles

    Earn 2 Axis EDGE points for every ₹150 spent on Grocery / Supermar kets.

  • 1 EDGE Miles

    Base 1 EDGE Miles will be earned on all transactions, with accelerated EDGE Miles awarded only up to the specified limit.

Edge Miles Redemption

You can convert your Edge Miles into Partner Miles for frequent flyer programs with selected airlines or Xtrarewards by IOCL, where 2 Edge Miles equals 1 air miles point and 3 Edge Miles equals 10 Xtrarewards points. These can be used for fuel purchases at authorized IndianOil outlets or for bookings through Travel Edge and Catalogue Redemptions.

Dining Benefits

Treat yourself to a great dining experience with Axis Bank Dining Delights! Get up to 25% off at partner restaurants across India through EazyDiner. To enjoy the offer, place an order with a minimum value of Rs. 2500 and save up to Rs. 800. This offer is valid once per card each month, so you can make the most of it every month!

Design And Variant

The IndianOil Axis Bank Premium Credit Card offers a design that is sleek and modern and it emphasizes convenience for transactions of fuel. This card displays the logo of Indian Oil and Axis Bank prominently signifying their partnership. This card also offers a customer experience as it promotes cashless payments.

Axis Bank Indian Oil Premium Credit Card
Axis Bank Indian Oil Premium Credit Card

Airport Lounge Access​

Benefit Domestic
Lounge visits
2

Eligibility and Application

The card is available to individuals with a monthly salary of ₹40,000 and a self-employed individual with a ITR of ₹6 lakh rupees and a good credit score are both eligible to apply for this card.

Fuel Surcharge Waiver

This Card Provide 1% unlimited fuel surcharge waiver on all fuel purchases at IOCL outlets.

Add-On Cards

The Card allows cardholders to avail of add-on cards. These add-on cards share the same benefits as the primary card, making it easier for family members to enjoy the perks.

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Frequently Asked Questions

What is the welcome benefit of IndianOil Premium Credit Card?

you will get 500 EDGE Miles points.

How can I maximize cashback benefits with this card?

By maximizing fuel related transactions.

Do we get any reward point by making rent payment?

Rent payments made through this credit card are not eligible for any reward points.

What is the annual fee for the card?

The annual fee is 1000+ GST.

Conclusion

The IndianOil Axis Bank Premium Credit Card is for people who regularly spend on fuel and groceries, offering unbelievable value through rewards and savings. Earn accelerated EDGE Miles on fuel and grocery purchases, rewarding every transaction. Additionally, get 30% off on Zomato orders for your dining needs. The card also provides complimentary airport lounge access, adding comfort to your travels. It’s the perfect companion for smart and frequent spenders.

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