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Axis Bank
IndianOil Axis Bank Credit Card
RuPay
IndianOil Axis Bank Credit Card
A low-fee fuel co-brand card offering some of the strongest headline fuel cashback in the Axis lineup, aimed at IndianOil-loyal drivers rather than broad everyday spend.
Rates and fees last verified 14 September 2026.
Annual fee
₹500
Joining fee
₹500
Reward type
points
Base reward rate
1%
Card network
RuPay
Card tier
Entry
Reward rates by category
- Fuel4%
- Online shopping1%
Eligibility
- Minimum credit score: 700
- Employment: salaried, self-employed
- Age: 18–70
Benefits
- Up to 1,250 EDGE REWARD Points plus 100% cashback (up to ₹250) on the first fuel transaction within 30 days of card issuance
- 4% value back (20 EDGE points per ₹100) on fuel spend at IndianOil (IOCL) outlets across India
- 1% fuel surcharge waiver (up to ₹50 per statement cycle) on transactions between ₹400–₹4,000
- 10% instant discount on movie ticket bookings via BookMyShow
- Up to 15% off flight/hotel bookings via partner platforms on Wednesdays; Axis Bank Dining Delights discounts
Pros
- + Strong 4% effective value back specifically at IndianOil pumps
- + Low ₹500 joining/annual fee with an achievable ₹3.5L waiver spend
- + Fuel surcharge waiver stacks on top of the fuel reward rate
Cons
- − Fuel benefit is IOCL-outlet specific, not universal at all fuel stations
- − Base 1% reward rate on general spend is unremarkable
Applying takes you to Axis Bank's site. We may earn a commission if you're approved — see our disclaimer. Final terms and approval are solely at the issuer's discretion.