IndianOil Axis Bank Credit Card
Elevate your driving experience with the IndianOil Axis Bank Credit Card, a powerful partnership that offers unmatched convenience and rewards.
Features and Benefits of IndianOil Axis Bank Credit Card
Welcome Benefits: Enjoy 100% Value back on Fuel. Get upto 1250 Edge Reward points on your first fuel transactions with this card
Reward Points: Get 4% value back on fuel transactions by earning 20 reward points for INR 100 spent on any IOCL fuel outlet. Transact between Rs. 400 to Rs. 4000 to avail this offer. Earn 1% value back on online shopping by earning 5 reward points for every INR 100 spent
Fuel Surcharge waiver: Get 1% fuel surcharge waiver on fuel purchases at all fuel stations in India. Transact between Rs. 400 to Rs. 4000 to avail this offer.
Spend based waiver: Spend above 3.5 Lakhs per year and get waiver from Axis Bank Annual Fee
Instant Discount: Get Instant ticket upto 10% for your tickets booked via BookMyShow
Edge Loyalty Points: Earn 1 Edge Reward Loyalty point on every INR 100 spent with your credit card
Food and Dining benefit: Get 15% discount upto Rs. 500 with their partner restuarants
Complimentary Lounge access: Enjoy 2 complimentary domestic lounge access per quarter
Insurance benefits: Purchase protection cover upto 1 Lakh, Cover upto USD300 for baggage delay, loss of travel documents
Fees and Charges – IndianOil Axis Bank Credit Card
| Fee/Charge | Amount |
|---|---|
| Joining Fee (First Year) | ₹500 |
| Annual Fee (Renewal) | ₹500 + taxes (waived if annual spends exceed ₹3.5 Lakhs) |
| Interest Rate | 3.60% per month |
| Cash Advance Fee | 2.5% of the advance amount (minimum ₹500) |
| Over Limit Fee | 2.5% of the over-limit amount (minimum ₹500) |
| Foreign Currency Transaction | 3.5% of the transaction amount |
| Late Payment Fee | See breakdown below |
| Add-on Card Fee | Free (up to 3 cards) |
| Fee for Cash Payment | ₹100 |
| Duplicate Statement Fee | ₹100 per statement |
Late Payment Fee Breakdown:
- Less than ₹500 – Nil
- ₹501 to ₹5,000 – ₹500
- ₹5,001 to ₹10,000 – ₹750
- Above ₹10,000 – ₹1,200
Eligibility Criteria – IndianOil Axis Bank Credit Card
| Criteria | Details |
|---|---|
| Age | 18 years to 70 years |
| Occupation | Salaried or Self-employed |
| Minimum Income (Salaried) | ₹1 lakh net salary per month or IT returns of over ₹9 lakhs |
Documents Required – IndianOil Axis Bank Credit Card
| Document | Description |
|---|---|
| Identity Proof | PAN Card |
| Address Proof | Passport, Utility Bill, Ration Card, Driving License, etc. |
| Income Proof | Salary Slip, Form 16, or ITR documents (as applicable) |
| Photograph | Recent passport-sized color photograph |
How to Apply for IndianOil Axis Bank Credit Card
- Click on the Apply button below the card.
- Complete the online application and attach the required documents.
- Once your application is submitted, you will receive an acknowledgement number.
- Use this number to track the status of your credit card application.
FAQ on IndianOil Axis Bank Credit Card
What are the fuel benefits offered by this IndianOil Axis Bank Credit Card?
You can Get 4% value back on fuel transactions by earning 20 reward points for INR 100 spent on any IOCL fuel outlet. Transact between Rs. 400 to Rs. 4000 to avail this offer.
What is the fuel surcharge waiver offered by IndianOil Axis Bank Credit Card?
Axis Bank IndianOil Credit Card offers a fuel surcharge waiver of 1%. This fuel surcharge waiver is offered on your transactions between Rs. 400 and Rs. 4,000.
Is IndianOil Axis Bank Credit Card suitable for online shopping?
Despite being a fuel credit card, this card also accelerated rewards for other shopping. For example, You can earn 1% value back by earning 5 reward points per Rs. 100 spent on online shopping.
What are some benefits of using this IndianOil Axis Bank Card other than fuel benefits?
Aside from fuel discounts, you get a number of other discounts such as BookMyShow ticket discount, dining offers, and accelerated rewards for online shopping
