Axis BankVisaIndian Oil Credit Card
3.9NeoFinQ editorial rating
IndianOil fuel rewards via Axis Bank
- Fuel rewards
- Low fee
- Joining fee
- ₹500
- Annual fee
- ₹500
- Reward type
- points
- Best for
- Fuel
- Est. rewards
- ₹19,500/yr
Our verdict
Good fuel rewards card for IndianOil users.
Perfect for
- IndianOil fuel users
Not ideal for
- Non-fuel spenders
Pros & cons
- Fuel rewards
- Low fee
- Limited non-fuel benefits
Rewards
20 EDGE Points per ₹100 on fuel spends at IOCL outlets (between ₹100 and ₹5,000 per transaction), capped at 1,000 EDGE points per month.
| Category | Earn rate |
|---|---|
| Dining | 5% |
| Shopping | 5% |
| Fuel | 5% |
| Online Shopping | 5% |
Welcome offer
100% cashback up to ₹250 on first fuel transaction within 30 days and additional 1000 EDGE points on first transaction
Benefits
Travel
- N/A
More benefits
- Welcome Bonus: 100% cashback up to ₹250 on first fuel transaction within 30 days and additional 1000 EDGE points on first transaction
Fees & charges
| Joining fee | ₹500 |
| Annual fee | ₹500 |
| Renewal fee | ₹500 |
| Fee waiver | ₹50,000 |
| Waiver threshold | Spend ₹50,000/yr |
Eligibility
Employment
Salaried / Self Employed
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Annual fee ₹500