Axis IndianOil Credit Card Review – Benefits, Charges, Features

Axis Bank IndianOil Credit Card Review – As per its title name, it mainly focuses to provide fuel discounts and cashback. whenever you use the card to refuel your vehicle from Indian Oil Fuel Outlets. it offers plenty of Benefits for cardholders such as Earn Accelerated rewards, Fuel surcharge waiver, 100% Cashback as a welcome gift, and Additional Features.

Indian oil issued this credit card with co-associated Axis bank to provide Indian Oil Customers discounts on refueling across Indian Oil Fuel stations in India.

It comes with all additional Axis bank card benefits. for instance, Fuel surcharge waiver, Dining Discounts, Smart EMI, and Reward Points on Transactions.

it could be beneficial for you for your daily refueling on all vehicles, Instant discounts on Movie Tickets, and online shopping. it is an entry-level Loyalty Reward Points Based card by axis bank for salaried and self-employed individuals.

This card is quite popular for its 4% Value Back on Refueling from IOCL Fuel stations in India. in brief, it offers to earn Flat 20 Accelerated Reward Points per fuel transaction between ₹100 to ₹5000 on All Indian Oil Stations. It offers up to ₹3,718 Annual Cashback Benefits.

it does not have any 1st Year annual membership fees and in 2nd Year it has ₹500 annual charges.

Through this Article, we are going to share with you a brief review of the Axis Bank IndianOil Credit Card which can find all solutions to your queries related to the Axis Bank IndianOil Credit Card. for instance, limit, airport lounge access, benefits, charges, eligibility and more.

The benefits And Review of the Axis Bank IndianOil Credit Card

Table of Content

Axis Bank IndianOil Credit Card Highlight Factors

Card TypeLow-End (Entry-level Accelerated Reward Points Based Card)
Best SuitableSalaried, Self-Employed, Individuals who want Fuel Discounts
Card Benefits &
– Get a 1% fuel surcharge waiver on all Fuel Stations of Refueling Transactions between ₹200 to ₹5000. (Maximum Waiver is ₹50 for each statement Cycle)
– As A Spend Waiver benefit, if your transaction is up to ₹50000 in a year, your Annual Fee will be waived off.
– 10% Instant Discount on Movies Tickets Via using BookMyShow APP
– 15% OFF on Axis Bank Partner Premium Restaurants across India. (Upto ₹500 Discount)
– Earn 1 Edge Reward Point on All Other Transactions by using the card
Reward Points or Cashbacks– 1% Value Back on Daily Online Shopping In the form of 5 Accelerated reward Points per 100 or Above Purchasing
Welcome Gift– 100% Cashback on up to ₹250 of the First 30 days from the activation of the card on all Indian Oil Fuel Outlets in India.
Renewal Offeryour spending must be ₹50,000 or Up to get the Renewal Membership Fee Waived offer.

The Axis Bank IndianOil Credit Card Offers And Benefits

This Image has full credit to Axis Bank & Indian Oil

This is An Entry-Level Fuel Discount Based Credit Card By Axis Bank. it offers to provide 4% Value back in a form of 20 Reward Points on Fuel Transactions from All Indian Oil Fuel Stations. moreover, it offers a 10% Instant Movie And Entertainment Discount by ticket booking from BookMyShow Website.

You also get 1% Value Back As 5 Reward Points per ₹100 or more transactions in the category of Online Shopping.
It also provides all additional benefits such as

  1. 1% Fuel Surcharge Waiver on refueling from all fuel Outlets across India. however, your transactions must be between ₹200 to ₹5000.
  2. Dining Delights benefits, You are fully eligible to get 15% OFF on Dining Bills on all Axis Bank partner Premium Restaurants in popular cities of India.
  3. 1 Edge Reward Point on all Other Offline/Online Spends of ₹100 or More.
  4. Smart EMI

It could be one of the fantastic Low-End Axis Bank cards for you to choose from and get Fuel or other benefits. it has 500 Joining and Annual Fees which also come with Renewal waived off Features.

Discounts And Cashback

Reward Points & Cashback On CardExplanation
Instant Discount10% OFF On Movies Ticket by using BookMyShow
Restaurant Dining Benefits– 15% of discount on Axis Partner Luxury Restaurants in Select Cities in India
Domestic Airport Lounge Access LimitNo Any Free
International Lounge Access LimitNo Any Free
Offline Cashback1 Edge Reward Point on All OFFLINE Spends

Short List of Card Features

Additional FeaturesDescription (Details)
Entertainment Benefits10% OFF on Movie Tickets (BookMyShow Only)
EMI FacilityYes
Contactless PaymentYes

Set Card Control
Use Axis Bank App to manage and control your Card
Foreign Currency Mark up3.5%

How to Use Reward Points Redemption

To Convert or Redeem your All Earn Edge Reward Points By The Axis Bank Credit Cards, you can use  Axis Bank EDGE Rewards Portal. You can redeem it for Products Shopping, travel, E-vouchers, and Accessories products.

What Are Card Charges and Fees

List of ChargesOverview
Welcome Benefits– 100% of Direct Cashback up to ₹250 from the issuance date next 30 days.
Annual Fees on The Card₹500 And Additional Taxes (Lifetime Free For Selected Users and Channels)
First Year Fee1st Year No Charges
Joining Charges– ₹500 And Additional Taxes (Lifetime Free For Selected Users and Channels)
Finance Fees(Interest) 3.4% Each Month which will be 49.36% Per Year
Late Payment Fee₹500 to ₹1200 late payment charges as per the total due payment
Cash withdrawal fee3.4% of the total Withdrawal Amount
Add-on cardsFree
Rewards redemptionAxis Bank EDGE Rewards Portal

What Are the Eligibility Criteria For IndianOil Credit Card By Axis Bank?

The Primary Cardholder must be a minimum age of 18 to apply the application for the card. you must have to follow all Eligibility Criteria such as A Good Credit Score Upto 750, A Monthly Stable Income, And being a Resident of India.

Salaried Individual and Self-Employed are Eligible for the card.

Eligibility CriteriaOverview
Only ForSalaried, Self-Employed
Your Age Must Be– Minimum 18 Years
– Maximum 70 Years
Minimum Salary Requirement₹15000 or More

Axis bank may ask for your Govt Approved Address, Identity, And Income Proof to complete KYC To get the card.

Airtel Axis Bank Credit Card Eligibility
Axis Bank IndianOil Credit Card Eligibility


What is the Axis Bank IndianOil Credit Card?

Axis IndianOil Credit Card is an entry-level card associated with Axis bank of India to provide cashback and discounts on fuel transactions. it offers 4% Value back on all fuel spends on IOCL Stations in India. moreover, it comes with 100% Cashback on fuel spending. it could be a beneficial card for individuals who want to save pennies on fuel purchasing.

What Is the Axis Bank IndianOil Credit Card Customer Care Number?

1800–103–5577 is the toll-free telephone number to get phone banking services and get solutions to their queries related to credit cards and loans.

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we hope you will like the review on Axis Bank IndianOil Credit Card. do share on social media handles and with your friends and closest family members. if you have any queries related to credit cards, we love to hear and find solutions for you. comment down below or you can Mail us at

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Naman Parmar professionally known as Nanne Parmar is an Indian Internet entrepreneur, financial expert, referencing expert, and investor. He’s the man who started NE Factory And PriceMint. He has more than four years of experience in the financial technology industry.

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