Axis IndianOil Credit Card

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Axis IndianOil Credit Card is one of the best fuel credit cards in the market . It's a co-branded credit card with Indian oil. It helps one to get reward points for your fuel purchases at IndianOil Petrol Pump.  

Features and Benefits 

  • Welcome Benefit :Earn 100% upto Rs. 250 on your fuel spends done within 30days of card issuance.
  • Accelerated Fuel Rewards : Benefit of 4% Value back or 20 reward points (Max 1000 points)for every Rs. 100 of fuel purchase at IndianOil Outlet (100 -5000Rs/Month).
  • Accelerated Online Rewards : 1% value back or 5 reward points for every 100 spent on online. 
  • Fuel Surcharge : Enjoy fuel surcharge waiver of 1% upto Rs.50 per statement cycle for transaction between Rs. 200 and 5000. GST is not refundable. 
  • BookMyShow : Enjoy upto 10% of discount at BookMyShow app or website.
  • Edge Reward : For all other spends earn 1 edge reward loyalty points for every 100 spend.

Exclusion

  • No reward points for Rent, educational services, utilities, government transaction.

Fees

  • Joining Fee : 500 + GST .  Axis bank launches frequent campaign for life time free credit card for Axis Indianoil from time to time. 

  • Renewal Fee : Renewal fee of 500 + GST can be waived off with spends of 50000 annually.

Final Verdict

Its a good fuel credit card to have in your wallet . Enjoy 4% value back +1% fuel surcharge waiver for your fuel needs. Fuel cards can come handy to reduces your ever increasing fuel expense burden.  One can get maximum value when fuel is purchased for ~5000/month due to max capping of 1000 points per month. This will also help you waive off the annual renewal fees as well. 
 

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