IndianOil Axis Bank Credit Card
IndianOil Axis Bank Credit Card
5% savings on IOCL fuel.
1% back on online shopping.
Fuel surcharge waiver.
Personalized Match by CredHunt • credhunt.com
A co-branded fuel card offering savings on fuel purchases at IOCL stations and additional benefits on online shopping.
Joining Fee
₹1000
Annual Fee
₹1000
Rating
5.0/5.0(0 reviews)
Key Features
5% savings on IOCL fuel.
1% back on online shopping.
Fuel surcharge waiver.
Joining fee ₹500
Rewards Program
Base Rewards
Reward Type
Avios Points
Base Reward Rate
3% on food/entertainment/commute, 1% others
Point Value
Not disclosed
Points Expiry
Not applicable (direct cashback)
Bonus Rewards
Welcome Offer
1,000 bonus EDGE reward points on card activation.
Accelerated Rewards
Earn up to 10 times Reward Points on your travel and shopping spends on Smartbuy
Card Benefits
Travel Benefits
Free access at selected domestic airports
Complimentary Club Vistara Silver membership with fast-track to Gold tier. 8 complimentary domestic airport lounge visits per year.
Dining & Entertainment
Discount on in-flight meals on Vistara flights.
BookMyShow discount offers
Lifestyle & Protection
Exclusive shopping privileges with luxury brands
Purchase protection up to ₹1 lakh
Complimentary golf games and lessons at selected golf courses
Fees & Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | N/A |
| Annual Fee | N/A |
| Add-on Card Fee | No charges for additional cards for family members |
| Foreign Currency Markup | 0% (Zero forex markup) |
| Cash Advance Fee | 2.5% of the withdrawn amount (minimum ₹300) |
| APR | 46% per annum (3.83% monthly) |
| Late Payment Fee | 15% of total due outstanding |
| Fuel Surcharge | 1% waiver |
| Balance Transfer Charges | 2.5% + GST |
Additional Charges
Statement & Processing
Duplicate Statement Charges
N/A
Dynamic Currency Conversion Fee
1% + taxes on transactions in Indian currency at international locations
EMI Charges
1.5% processing fee
Loan Processing Fee
N/A
Outstation Processing Charge
N/A
Additional Fees
Overlimit Fees
2.5% of the over limit amount (min ₹500) as per standard HDFC rates
Payment Return Charges
1000
Railway Ticket Purchase Fee
N/A
Card Reissue Fee
N/A
Rent Pay Transactions
0.005
Rewards Redemption Fee
Not applicable (direct cashback)
Fee Waiver Conditions
Spend ₹25L/year
Eligibility & Documents
Eligibility Criteria
Minimum Income
N/A
Minimum Age
N/A
Required Documents
Income proof
Expert Opinion
Pros This card offers complimentary domestic and international lounge access. With this card, you can get up to 50% off on partner restaurants. Cons This card comes with a high annual fee of ₹ 60,000. There isn’t any waiver of the annual fees with this card.
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Experience the premium benefits of the IndianOil Axis Bank Credit Card today.