IndianOil Axis Bank Premium Credit Card
A co-branded fuel card offering 4% return on IndianOil fuel spends and complimentary lounge access.
- Issuer
- Axis Bank
- Card type
- Fuel Card
- Category
- Fuel
- Joining fee
- ₹1,000 + GST
- Annual fee
- ₹1,000 + GST
- Rewards currency
- EDGE Miles
Highlights
- 4% Return on IOCL Fuel
- Unlimited Fuel Surcharge Waiver
- 8 Domestic Lounge Visits per year
Welcome, annual & renewal benefits
- Joining/Annual Fee: ₹1,000 + GST.
- Annual Fee waived on spends of ₹1,00,000 in a year.
- Welcome Benefit: 500 EDGE Miles on first transaction within 30 days.
Reward earning
| Spend type | Earn rate |
|---|---|
| IOCL Fuel Spends | 6 EDGE Miles / ₹150 (4% Return) |
| Groceries | 2 EDGE Miles / ₹150 |
| Other Spends | 1 EDGE Mile / ₹150 |
- Win 6 EDGE Miles for every ₹150 spent at IndianOil outlets (Cap 600 miles/month).
- Fuel surcharge waiver: 1% (Unlimited at IOCL outlets).
Lounge Access
- 2 Domestic Lounge visits per quarter.
- Condition: Spend ₹50,000 in the previous 3 calendar months to unlock access.
Review
The best co-branded IndianOil card currently available. Uncapped fuel surcharge waiver and 4% returns on fuel make it a winner for vehicle owners.
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Application handled by Axis Bank.