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Axis IndianOil Credit Card Benefits

Axis IndianOil Credit Card Benefits

In today's fast-paced world, where every penny counts, choosing the right credit card can make a significant difference in one's financial journey. Among the plethora of options available, the Axis Bank IndianOil Credit Card stands out as a beacon of value and convenience, particularly for those seeking to maximize their savings on fuel expenses.

In this blog post, we delve into the manifold benefits offered by the Axis Bank IndianOil Credit Card, unravelling its potential to revolutionize your spending habits and elevate your overall financial well-being.

Fuel is an indispensable expense for many, and the IndianOil Credit Card understands this reality. With attractive cashback offers and reward points on fuel purchases at IndianOil outlets, this card seamlessly integrates into your everyday life, transforming mundane refueling into an opportunity for savings.

But the perks don't stop there. From dining discounts to travel privileges, the Axis Bank IndianOil Credit Card extends its benefits beyond the pump, catering to diverse lifestyle needs. Whether you're a frequent traveler, a food enthusiast, or someone looking to optimize their spending, this card has something to offer everyone.

Join us as we embark on a journey to explore the myriad advantages of the Axis Bank IndianOil Credit Card and discover how it can become your trusted companion in navigating the financial landscape with ease and efficiency.

Features and Benefits

The Axis Bank IndianOil Credit Card is a specialized financial tool designed to offer value and convenience to customers who frequently incur fuel expenses. This credit card is the result of a collaboration between Axis Bank, one of India's leading private sector banks, and IndianOil, the largest commercial oil company in the country. The card is tailored to provide a range of benefits and features that cater to the needs of vehicle owners and frequent travelers.

Reward Points System

The card offers an accelerated reward points system, particularly at IndianOil fuel outlets. Cardholders can earn 20 reward points per ₹100 spent on fuel transactions, translating to a 4% value back on these expenses. Additionally, for online shopping, users can earn 5 reward points per ₹100 spent, providing a 1% value back on such transactions.

Fuel Surcharge Waiver

To further enhance savings on fuel expenses, the card provides a 1% fuel surcharge waiver for transactions between ₹400 to ₹4,000 at any fuel outlet, subject to a maximum waiver of ₹50 per statement cycle.

Dining and Entertainment Benefits

The card extends its benefits to dining and entertainment as well, offering up to 15% discount at partner restaurants across India through Axis Bank Dining Delights. Moreover, cardholders can enjoy up to a 10% instant discount on movie tickets booked via BookMyShow.

Annual Fee Waiver

A significant feature of this credit card is the annual fee waiver. If a cardholder spends more than ₹3,50,000 in a card anniversary year, the annual fee for the subsequent year is waived off.

Benefits of the Axis Bank IndianOil Credit Card

Welcome Benefit

New cardholders are greeted with a welcome benefit of 100% value back on the first fuel transaction made within 30 days of card issuance, up to a maximum of 1,250 EDGE reward points.

Comprehensive Reward Points Catalogue

The EDGE rewards earned can be redeemed from a comprehensive catalogue that includes a wide array of products and services, providing cardholders with the flexibility to choose rewards that best suit their preferences.

Global Acceptance

The Axis Bank IndianOil Credit Card is globally accepted, which means cardholders can use it not just in India but also internationally, making it a convenient option for those who travel abroad.

Insurance Coverage

Cardholders also benefit from complimentary insurance coverage, adding an extra layer of security to their financial portfolio.

EMI Conversion

The card allows users to convert their high-value transactions into easy monthly installments, providing financial flexibility and better management of large expenses.

The Axis Bank IndianOil Credit Card offers a blend of rewards, savings, and convenience, making it an attractive option for individuals looking to optimize their fuel expenses and enjoy additional benefits. Its partnership with IndianOil ensures that cardholders can maximize their rewards at one of the most extensive networks of fuel stations across India. With the added advantages of dining and entertainment discounts, insurance coverage, and global acceptance, this credit card stands out as a comprehensive financial tool for daily use and beyond.

Things to consider while choosing a Fuel Credit Card

When selecting a fuel credit card, it's essential to consider the card's utility across various petrol pumps, ensuring widespread acceptability. The annual fees associated with the card are also a critical factor; while premium cards may offer more benefits, they also come with higher fees. It's important to balance the cost against the perks provided. Additionally, a fuel surcharge waiver can lead to significant savings, especially for frequent users. The rewards program is another aspect to scrutinize; one should check if the points and rewards earned are easily redeemable and beneficial in the long run. Interest rates and payment patterns are also vital considerations, as these can affect the overall cost of using the card. Lastly, it's advisable to compare the various fuel credit cards available in the market to find one that aligns with your specific needs and spending habits.

Fuel credit cards are specialized financial tools designed to offer benefits and rewards on fuel purchases. They are typically co-branded with major fuel companies, allowing cardholders to earn cashback, points, or discounts when refuelling at partner stations. These cards can be particularly beneficial for individuals who frequently travel by car or manage a fleet of vehicles.


In conclusion, the Axis Bank IndianOil Credit Card emerges as a powerful financial tool tailored to the needs of modern consumers. Through its array of benefits, this card not only offers convenience but also substantial savings, particularly for those who frequent IndianOil outlets. Its seamless integration with the IndianOil loyalty program ensures that every swipe translates into tangible rewards, be it in the form of fuel discounts, accelerated points, or exclusive privileges.

Moreover, the card’s versatility extends beyond fuel purchases, with attractive rewards on dining, shopping, and travel expenses. This versatility makes it a valuable companion for everyday transactions and special indulgences alike. Additionally, the card's robust security features provide peace of mind, safeguarding against unauthorized usage and fraud.

Beyond its tangible perks, the Axis Bank IndianOil Credit Card symbolizes a commitment to enhancing the financial well-being of its users. By offering attractive rewards and benefits, it empowers individuals to make smarter financial choices and enjoy greater value from their spending.

In essence, whether you're a frequent commuter, a culinary enthusiast, or a savvy shopper, this credit card serves as a gateway to a world of savings and privileges. With its myriad benefits and user-friendly features, it truly stands out as a reliable companion for those seeking to maximize their purchasing power while minimizing expenses.


Q: What are the benefits of the Axis Bank IndianOil Credit Card?

The Axis Bank IndianOil Credit Card offers a number of benefits, including:

  • Earn 20X EDGE Reward points on fuel spends at IndianOil outlets.

  • Earn reward points on other categories like online shopping.

  • Get fuel surcharge waiver on all your fuel expenses.

  • Enjoy annual fee waiver if your expenses cross Rs. 3.5 lakh in a year.

  • Receive discounts on movie tickets, dining experiences and online food ordering.

Q: What is the welcome benefit for this card?

You can earn up to Rs. 250 cashback on your first fuel transaction within 30 days of card issuance.

Q: How much do I earn on fuel spends with this card?

You earn 20 EDGE Reward points for every Rs. 100 spent on fuel at IndianOil outlets, which translates to 4% value back.

Q: Are there any reward points on other spending categories?

Yes, you earn 5X EDGE Reward points on online shopping transactions.

Q: Does this card have an annual fee?

Yes, the card has an annual fee, but it can be waived if you spend Rs. 3.5 lakh or more in a year.

Q: Are there any discounts on movie tickets?

Yes, you can enjoy instant discounts on BookMyShow movie ticket purchases.

Q: What are some of the dining benefits offered?

The card offers 20% off at over 4,000 partner restaurants through the Dining Delights program. You can also get exclusive discounts via EazyDiner.

Q: Does the card offer any benefits for online food ordering?

Yes, you can enjoy exclusive 30% instant discounts on Swiggy orders, up to Rs. 150 per month with a minimum spend of Rs. 200.

 Q: Is there a fuel surcharge waiver?

Yes, the card offers a 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 5,000, with a maximum cap of Rs. 40.

Q: How can I apply for the Axis Bank IndianOil Credit Card?

You can apply for the card online through the Axis Bank website or by visiting a branch.


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