IndianOil Axis Bank Premium Credit Card Vs. IndianOil Axis Bank RuPay Credit Card
IndianOil Axis Bank Premium Credit Card
IndianOil Axis Bank RuPay Credit Card
Comparison of IndianOil Axis Bank Premium Credit Card and IndianOil Axis Bank RuPay Credit Card
Feature
IndianOil Axis Bank Premium Credit Card
IndianOil Axis Bank RuPay Credit Card
Annual Fee
₹1,000 + GST (~₹1,180)
1st Year: Nil; 2nd Year onwards: ₹500 + GST (waived on ₹3.5 lakh annual spends)
Joining Fee
₹1,000 + GST (~₹1,180)
₹500 + GST
Welcome Benefits
Receive 500 EDGE Miles (worth ₹500) upon making your first transaction within 30 days of card issuance. No minimum spend requirement makes this straightforward welcome bonus accessible to all new cardholders, providing immediate value from day one.
1,250 EDGE Reward Points worth ₹250 on first fuel transaction
Interest Rate (APR)
3.49% per month (41.88% annually)
N/A
Foreign Currency Markup
N/A
N/A
Key Highlights
•Accelerated Fuel Rewards
•Unlimited Fuel Surcharge Waiver
•Grocery & Supermarket Rewards
•Complimentary Domestic Lounge Access
•Welcome Benefit
•Zomato Food Delivery Discount
•Dining Delights Programme
•Wednesday Delights Offers
•Flexible EDGE Miles Redemption
•Annual Fee Waiver
•Base Earning on All Spends
•UPI Credit Card
•Fuel Rewards
•Welcome Benefit
•Movie Discount
•Dining Benefits
•Online Shopping Rewards
•Fuel Surcharge Waiver
•Annual Fee Waiver
Dos
Refuel exclusively at IndianOil outlets to earn 6 EDGE Miles per ₹150 (4% value back) on fuel up to ₹15,000 monthly.
Track monthly caps: ₹15,000 for fuel (600 miles) and ₹5,000 for groceries (33 miles) to maximise accelerated rewards.
Pay your credit card bill in full and on time to enjoy 48-50 days interest-free period and avoid 41.88% APR.
Spend ₹30,000 annually (just ₹2,500/month) to waive the ₹1,180 annual fee completely.
Maintain ₹50,000 spend over rolling 3-month periods to unlock 2 quarterly domestic lounge visits (8 annually worth ₹12,000-₹16,000).
Use the card for online purchases to maximise 10X reward points
Pay your credit card bill on time to avoid interest
Track your reward points and redeem them
Opt for Flexipay or EMI on high-value purchases if needed
Keep your card in a safe place and use contactless payments when possible
Don'ts
Don't refuel at other brands (HP, BPCL, Shell) as they earn only base 1 EDGE Mile per ₹150.
Avoid exceeding caps early in the month as subsequent spends earn only base rates.
Never pay only minimum amount due—revolving credit at 3.49% monthly interest damages financial health.
Don't ignore the fee waiver threshold—a bit of planning makes the card completely free.
Don't expect lounge access without meeting spend requirements—track your rolling quarterly totals.
Avoid overspending beyond your repayment capacity
Do not miss the minimum payment
Ignore transaction alerts; they help prevent fraud
