For those who spend a significant amount of time on the road, the Axis Bank Indian Oil Credit Card is a boon. Tailored to offer substantial savings on fuel expenses, this card combines the reliability of Axis Bank with the widespread network of Indian Oil. If you’re looking for a way to reduce your gasoline bills while earning rewards on other expenses, let’s explore what the Axis Bank Indian Oil Credit Card has in store for you.

Axis Bank Indian Oil

Key Highlights of Axis Bank Indian Oil Credit Card

Feature CategoryDetails
Joining and Annual FeesRs. 500
Fuel Cashback4% cashback on fuel purchases at Indian Oil outlets
Welcome Offer: Amazon VoucherRs. 500 Amazon voucher as a welcome gift
Welcome Offer: Fuel Transaction Cashback100% cashback (up to Rs. 500) on all fuel transactions within the first 30 days of card issuance

A Closer Look at the Benefits and Features

Benefit CategoryDetails
Edge Rewards (Fuel Purchases)Earn 20 Edge Rewards for every Rs. 100 spent at IOCL petrol pumps, up to Rs. 5,000 monthly
Online SpendsAccumulate 5 Edge Points for every Rs. 100 spent online
Other PurchasesGain 1 Edge Reward Point for every Rs. 100 spent elsewhere
Movie DiscountsEnjoy a 10% discount on movie tickets booked via BookMyShow
Fuel Surcharge WaiverWaiver on 1% fuel surcharge for transactions between Rs. 200 and Rs. 5,000

Understanding the Fees and Charges

Fee CategoryDetails
Joining and Annual FeeRs. 500 each
Interest Rate49.36% per annum

Apply now and start your journey towards smarter savings! πŸš—πŸ’³β›½

Eligibility and Documentation

CriteriaDetails
Age Requirement18 to 70 years
OccupationOpen for both salaried and self-employed individuals
  • Essential Documents: Identity proof (Aadhaar, Voter ID), Address proof (Passport, Aadhaar), Income proof (Pay Slip, ITR).

Is this Credit Card Right for You?

This card is an excellent choice if:

  • You frequently refuel at Indian Oil outlets.
  • You are looking for rewards on your daily online and offline spends.
  • You want a credit card with a balanced joining and annual fee structure.

The Axis Bank Indian Oil Credit Card is an ideal pick for vehicle owners and frequent commuters. Its fuel-related benefits, coupled with rewards on other categories, make it a versatile financial tool. Not just a way to save on fuel, but an opportunity to make every journey more rewarding.

Similar Credit Cards

Credit Card NameFeatures
HDFC Bharat Cashback Credit Card5% cashback on fuel
HDFC Indian Oil Credit Card5% value back on fuel purchase

Other Axis Bank Credit Cards

Axis Bank Magnus Credit CardAxis Bank Privilege Credit Card
Indian Oil Axis Bank Credit CardAxis Bank Select Credit Card
Axis Bank MY Zone Credit CardAxis Bank Neo Credit Card
Axis Bank Vistara Credit CardAxis Bank Vistara Infinite Credit Card
Axis Bank Samsung Signature Credit CardAxis Bank Rewards Credit Card

Read more: https://www.pickmywork.com/credit-cards/

Apply now and start your journey towards smarter savings! πŸš—πŸ’³β›½