IndianOil Axis Bank Credit Card
The IndianOil Axis Bank credit card is a card that caters to not only offering more savings on fuel expenses but on other expenses as well. The fuel credit card offers a wide range of benefits and features which includes savings on every fuel expense such as accelerated reward points and surcharge waivers. Apart from this, the card also comes with benefits across other categories as well.
Key Highlights of the IndianOil Axis Bank Credit Card
- Accelerated reward points on fuel purchases at Indian Oil Corporation fuel pumps.
- A welcome benefit of a cashback of up to Rs.250 on all fuel expenses made within 30 days of card issuance.
- Accelerated reward points on shopping expenses.
- Fuel surcharge waiver on all your fuel expenses.
- Annual fee waiver if your expenses cross Rs.50,000 in a year.
- Discounts on movie ticket purchases.
Features and Benefits of the IndianOil Axis Bank Credit Card
Up to 4% Value Back
You can get up to 4% value back on the fuel transactions made by you through the accelerated reward points. Given are the details:
- The card holders will get 4% as a value back on fuel transactions made by them. The bank will provide 20 reward points on every Rs.100 spent at any IOCL outlet. The offer is applicable to fuel transactions made that range from Rs.100 to Rs.5,000 per month.
- Get 1% value back by receiving five reward points on every Rs.100 spent on e-commerce shopping. This offer is valid only on online transactions which range from Rs. 100 to Rs.5,000.
Welcome Benefit
- With the credit card, you will receive a welcome benefit of 100% cashback up to Rs.250 on all your fuel transactions.
- The transactions must be made within 30 days of card issuance.
Fuel Benefits
- Accelerated reward points will be given for all your fuel transactions made at IndianOil Corporation Limited fuel pumps in the country.
- For every Rs.100 spent on fuel, you will receive 20 reward points.
- The minimum purchase amount to get accelerated reward points is Rs.100 and the maximum is Rs.5,000.
- With this card, you will also receive a 1% fuel surcharge waiver for all the transactions amounting between Rs.200 to Rs.5,000 per month.
Shopping Benefits
- 1% value back will be offered on all your shopping purchases made with this credit card in terms of accelerated reward points.
- For every Rs.100 spent, you will receive five reward points on your credit card.
- The minimum purchase amount to avail the accelerated reward points is Rs.100 and the maximum is Rs.5,000.
Milestone Benefits
- On spending Rs.50,000 in a year, the annual fee for the next year is waivered.
Given below are the reward points benefits of IndianOil Axis Bank Credit Card:
- For every Rs.100 spent, you will receive one EDGE reward point.
- Accelerated reward points will be given on all your fuel purchases. For every Rs.100 spent, 20 reward points will be given.
- Five reward points for every Rs.100 spent will be given for all your online shopping purchases.
IndianOil Axis Bank Credit Card Fees and Charges
The following table highlights the fees and charges of IndianOil Axis Bank Credit Card:
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