IndianOil Axis Bank Credit Card

Published: April 28, 2025 By Credit Card Path Editorial

IndianOil Axis Bank Credit Card - Fuel Benefits & Complete Guide

IndianOil Axis Bank Credit Card Overview

The IndianOil Axis Bank Credit Card offers unmatched fuel benefits and rewards for frequent drivers. Enjoy 4% savings on IndianOil fuel purchases, 2x reward points on groceries/dining, and 1% fuel surcharge waiver nationwide. With zero joining fee and ₹500 + GST annual fee (waived on ₹50K spends), it provides ₹10L fuel accident cover and instant discounts at HPCL outlets. This Visa Platinum co-branded card is ideal for car owners seeking maximum fuel savings. Discover detailed features, eligibility criteria, and smart usage strategies to optimize your fuel expenses. Compare with similar fuel credit cards for best value.

Key Specifications

Feature	Detail
Issuer	Axis Bank & IndianOil
Joining Fee	₹0
Renewal Fee	₹500 + GST (Waived on ₹50K annual spends)
Fuel Savings	4% at IndianOil pumps
Reward Rate	2x on Groceries/Dining, 1x others
Fuel Surcharge	1% waiver (min ₹400 transaction)

Additional Features

Card Network	Visa Platinum
Fuel Accident Cover	₹10 lakh
Interest Rate	3.6% monthly (43.2% annual)
Welcome Benefit	250 Reward Points

Key Benefits

24/7 roadside assistance
15% discount at partner restaurants
Free fuel delivery (3 times/year)
Double rewards on weekends

Rewards Program

Fuel: 4% valueback at IndianOil
Groceries: 2x points at Reliance Smart/Spencer's
Dining: 2x points at partner outlets
Redemption: 1 point = ₹0.25 value

Fee Structure

Late Payment	₹600 + GST
Cash Advance	3.5% of amount (min ₹300)
Foreign Currency	3.5% markup + GST

Eligibility Criteria

Salaried: ₹20K+ monthly income
Self-Employed: ₹2.5L+ annual income
Age: 21-65 years
Credit Score: 650+ preferred

Required Documents

PAN Card + Aadhaar
Latest 3 salary slips
Vehicle RC (optional)

Application Steps

Visit IndianOil Axis Bank card page
Click 'Apply Now'
Complete video KYC
Get virtual card instantly
Physical card delivered in 5 days

Apply Now

Maximize Benefits

Use at IndianOil outlets for 4% savings
Shop groceries at partner stores
Pay toll charges via FASTag linkage

Similar Fuel Cards

Card	Annual Fee	Key Benefit
BPCL SBI Card	₹499	4.25% fuel savings
HDFC IndianOil	₹500	5% fuel rewards
ICICI HPCL Coral	₹499	3% fuel cashback

Official Resources

Card Analysis

Pros: Best IndianOil discounts, Low fees
Cons: Limited lounge access
Verdict: 4.2/5 - Must-have for frequent IndianOil users

Important Disclaimer

⚠️ Information provided for educational purposes only. Terms may change. Always verify details with Axis Bank's official website. CreditCardPath.in is not affiliated with any financial institution.

Disclaimer & affiliate disclosure: This review is for informational purposes only. Credit card features, fees and offers can change. Always verify details on the official bank website and MITC before applying. Credit Card Path may earn a commission if you apply through links on this page at no extra cost to you. This does not change the price you pay. We are not a bank or RBI-regulated lender.

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