What if you could earn 4% cashback on all your fuel purchases? That's exactly what the IndianOil Axis Bank Credit Card offers. In addition, you can earn 2X reward points on all your other spending, which means you can accumulate points faster and redeem them for free fuel, movie tickets, and more. Moreover, you will receive a welcome bonus of 100% cashback on fuel. If you frequently dine out, this card also provides a 15% discount on restaurants via EazyDiner, accelerated reward points on shopping, and much more, all for a joining fee of just ₹500. Keep reading to know more!
Aspects that make spending using this card lit as the sun!
Think of these as small investments to keep your credit card running smoothly.
Joining Fee
₹500Annual Fee
₹500Annual Percentage Rate
52.86%Add-on Card Fee
FreeMinimum Repayment Amount
5%Cash Withdrawal Fee
2.5%Cash Advance Limit
40%Card Replacement Fee
NilForeign Transaction Fee
3.50%Over Limit Penalty
2.50%Fuel Transaction Surcharge
1%Reward Point Value
₹0.20Balance below ₹500
₹ 0Balance from ₹501 to ₹5000
₹ 500Balance from ₹5001 to ₹10000
₹ 750Balance more than ₹10000
₹ 1200Aspects that make this credit card amazing.
Aspects this credit card lacks.
Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!
Bank name:
Axis BankAxis Bank Credit Card Customer Care Number:
1860 419 5555 / 1860 500 5555.Axis Bank Card Offers:
View OffersTotal Cards:
1,47,92,226As of 1 March 2023, Axis Bank has acquired all consumer banking services from Citibank, including credit cards. The full migration of Citi customers to Axis Bank is anticipated to be completed by 9 June 2024. Existing Citi cards will be substituted with new credit cards from Axis Bank. Below is a list of some of the rebranded cards:
Citi Rewards will become the Axis Rewards Credit Card.
IndianOil Citi Card will become the IndianOil Premium Axis Bank Credit Card.
Citi PremierMiles will become the Axis Bank Horizon Credit Card.
Features of New Axis Bank Credit Cards
1. Axis Rewards Credit Card:
2. IndianOil Premium Axis Bank Credit Card:
3. Axis Bank Horizon Credit Card:
Post Migration
Axis Bank has suspended reward redemptions for some credit cardholders and is requesting invoices to verify travel spending. The bank believes that some cardholders are misusing reward points by using their cards for business expenses, which is against the terms of the cardholder agreement. Axis Bank says that this is a routine exercise to monitor suspicious spending, but some genuine cardholders have also been flagged. Experts recommend using separate business credit cards to avoid such problems.
Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January 2024. The main changes include:
Axis Bank, has teamed up with Fibe (formerly EarlySalary) to introduce the country's first-ever numberless credit card tailored for the tech-savvy Generation Z demographic.
This innovative credit card offers heightened security by eliminating the conventional card number, expiry date, and CVV code typically printed on physical cards. This forward-thinking design is expected to reduce the risk of identity theft or unauthorized access to cardholders' information, ensuring the utmost in security and privacy. The card will be accessible to Fibe's extensive customer base, which exceeds 2.1 million individuals.
Axis Bank has enabled linkage of RuPay Credit Cards with Unified Payments Interface (UPI). This means that Axis Bank customers can now use their RuPay Credit Cards to make payments through UPI. UPI is a real-time payment system developed by National Payments Corporation of India (NPCI). It allows users to make instant payments to any bank account in India with just a few taps on their phone.
Taking the number up to 19, Axis bank added 6 new transfer partners to its existing list. These include hotel networks Accor ALL & Wyndham Rewards, Star Alliance’s Air Canada’s Aeroplan & Thai Airways Royal Orchid Plus as well as Oneworld Alliance’s Japan Airlines JAL Mileage Bank & Qantas Frequent Flyer.
These 19 transfer partners are cumulatively a part of Axis bank’s reward program known as the EDGE Rewards.
Yes, this card also offers benefits for online shopping. In addition to being a fuel credit card, it also offers benefits for online shopping. Earn 1% back by accumulating 5 reward points for every Rs. 100 spent on online shopping. This, however, applies only to online transactions between Rs. 100 and Rs. 5,000.
There are several benefits that come with the Indian Oil Credit Card, including a welcome bonus, a fuel surcharge waiver, an annual fee waiver, reward points, dining discounts, and much more.
Cardholders must be between the ages of 18 and 70. Add-on cardholders must be at least 15 years old. The individual must be either an Indian resident or a non-resident Indian. However, Axis Bank reserves the right to decline or approve the application based on the applicant.
There are several ways to apply for the Indian Oil Axis Bank Credit Card. Online: The online application form can be completed on the bank's official website. Another option is to go to the nearest branch office and apply for a credit card by filling out and submitting an application form.
Indian Oil Axis Bank Credit Card waives 1% fuel surcharges on monthly transactions between Rs. 200 and Rs. 5,000. A maximum waiver of Rs. 50 is available per statement cycle.
The IndianOil Axis Bank Credit Card is a fuel credit card that offers increased rewards or cashback on IOCL fuel purchases. This card is a good fit if your annual fuel expenses are between Rs.4,000 to Rs.5,000. Besides fuel, this credit card also provides dining discounts, movie ticket discounts, fuel surcharge waivers, an annual fee waiver, and other benefits.