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Axis Bank IndianOil Premium Credit Cards

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Welcome Benefits :- 

  • N/A

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Rewards & Benefits :- 

Movie & Dining

30% Instant Discount on Zomato. 25% Discount on Dining Via Eazydiner (Upto ₹800)

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Rewards Rate

6X EDGE Miles/₹150 at IndianOil Outlets. 2X EDGE Miles/₹150 on Grocery Spends. 1X EDGE Miles on All Other Eligible Spends

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Reward Redemption

EDGE Miles Can Be Redeemed for Fuel (1 EDGE Mile = ₹1). These Can Also Be Converted to Partner Points (1:1)

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Travel 

N/A

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Domestic Lounge Access

2 Free Lounge Visits Each Quarter

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International Lounge Access

N/A

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Fees & Charges :- 

Spend-Based Waiver

Annual Fee Waiver on Spends of ₹1 Lakh or More

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Rewards Redemption Fee

Nil

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Foreign Currency Markup

3.5% + GST

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Interest Rates

3.6% per month (45% annually)

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Fuel Surcharge

1% Waiver on Fuel Transactions

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Cash Advance Charges

Higher of 2.5% of the amount withdrawn or Rs. 500.

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Product Details :- 

  • The IndianOil Axis Premium Credit Card is most suited for fuel expenses.

  • This card offers spend-based airport lounge access.

  • You can avail of a 30% discount on food orders with Zomato. 

  • Apart from fuel, this card also offers accelerated 2X EDGE Miles for grocery spends

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Pros/Cons :-

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Pros

  • Even though this credit card is fuel-based, it offers numerous other benefits, such as free airport lounge access and discounts on food.

Cons

  • Although this card offers free airport lounge visits, it is bound by spend-based criteria. Those unable to spend ₹50,000 in the previous three months will not be eligible for complimentary airport lounge visits.

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  • Joining Fee             Rs. 1000 +GST

  • Renewal Fee           Rs. 1000 +GST

  • Best Suited For       Fuel

  • Reward Type           Reward Points

  • Welcome Benefits   500 EDGE Miles on the First Transaction

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