Axis IndianOil credit card

Axis IndianOil

Axis Bank · Visa

Axis IndianOil card provides accelerated fuel savings at IndianOil stations for daily commuters.

Annual Fee

₹500

Waived at ₹1.5L spend

Joining Fee

₹500

Base Reward Rate

1X

₹1/pt

Min CIBIL

650

₹3L+ income

Key Features

20 EDGE Reward Points per ₹100 at IndianOil XTRA stations (~4% value back)
10 EDGE Reward Points per ₹100 on grocery and dining
2 EDGE Reward Points per ₹100 on all other spends
Zero fuel surcharge at IndianOil XTRA stations
Annual fee waived on ₹50,000 spend
EDGE Rewards redeemable for fuel, vouchers or merchandise
Contactless payment enabled
Add-on cards for family

Welcome Benefits

500 EDGE Reward Points on First Spend

Earn 500 bonus EDGE Reward Points on your first transaction within 90 days

Zero Fuel Surcharge at IndianOil

No surcharge on fuel transactions at any IndianOil XTRA outlet across India

Reward Rates by Category

Dining

1X

Travel

1X

Online

1X

Shopping

1X

Grocery

1X

Fuel

6X

Utilities

1X

Other

1X

Partner Earn Rates

PartnerCategoryEarn Rate
IndianOil XTRAFuel10X
BigBasketGrocery5X
SwiggyFood Delivery5X

Milestone Benefits

₹50,000

Annual Fee Waiver

Spend ₹50,000 in a membership year to waive the annual fee

Annual

Airport Lounge Access

Domestic

0 visits/year

International

0 visits/year

Insurance & Protection

Personal Accident Cover

Accidental death cover for primary cardholder

₹50 Lakhs

Credit Shield

Dues waived on accidental death

Outstanding balance

Pros

  • 6X rewards at IndianOil
  • Fuel surcharge waiver
  • Low annual fee
  • Fee waived at ₹1.5L spend

Cons

  • No lounge access
  • Benefits tied to IndianOil
  • Low base reward rate

Frequently Asked Questions

How much do I earn at IndianOil?+
20 EDGE Reward Points per ₹100 at IndianOil XTRA stations — approximately 4% value back on fuel spends.
Is there a fuel surcharge?+
No — zero fuel surcharge at all IndianOil XTRA outlets when paying with this card.
What on grocery and dining?+
10 EDGE Reward Points per ₹100 on grocery and dining. 2 points per ₹100 on all other spends.
How to redeem EDGE Rewards?+
Redeem via Axis Bank's EDGE Rewards portal for fuel credits, merchandise, gift vouchers or transfer to airline miles.
Annual fee?+
₹500. Waived on ₹50,000 annual spend.

Ready to apply?

Apply on the Axis Bank website. Usually takes 10 minutes.

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Axis IndianOil

₹500/yr · 1X rewards