What are the main benefits of the IndianOil Axis Bank Premium Credit Card?

The IndianOil Axis Bank Premium Credit Card offers accelerated rewards on fuel and groceries, complimentary domestic lounge access, and dining discounts on Zomato and Eazydiner.

How can I earn rewards with the IndianOil Axis Bank Premium Credit Card?

You can earn 6 EDGE Miles on every ₹150 spent at IndianOil outlets and 2 EDGE Miles on every ₹150 spent on groceries.

Is there an annual fee for the IndianOil Axis Bank Premium Credit Card?

Yes, the IndianOil Axis Bank Premium Credit Card has an annual fee of ₹1,000 + GST, which can be waived on spends of ₹1,00,000 in an anniversary year.

Does the IndianOil Axis Bank Premium Credit Card offer lounge access?

Yes, the IndianOil Axis Bank Premium Credit Card provides 2 complimentary domestic lounge accesses per quarter, subject to a minimum spend of ₹50,000 in the previous three months.

What is the fuel surcharge waiver on the IndianOil Axis Bank Premium Credit Card?

Cardholders get an unlimited 1% fuel surcharge waiver on fuel purchases at all IndianOil outlets across India with the IndianOil Axis Bank Premium Credit Card.

What are the dining benefits of the IndianOil Axis Bank Premium Credit Card?

Enjoy 30% off on Zomato food delivery (up to ₹150, twice a month) and up to 25% discount via Eazydiner with your IndianOil Axis Bank Premium Credit Card.

How can I redeem EDGE Miles earned on the IndianOil Axis Bank Premium Credit Card?

EDGE Miles can be redeemed for fuel at IndianOil outlets (1 Mile = ₹1), transferred to partner airline/hotel points, or used for bookings on the Travel Edge portal.

Are there any exclusions for earning rewards with this card?

Yes, no EDGE Miles are earned for transactions like transportation, tolls, utilities, insurance, educational institutions, government bodies, wallets, and rent payments.

What is the foreign currency markup on the IndianOil Axis Bank Premium Credit Card?

The foreign currency markup on the IndianOil Axis Bank Premium Credit Card is 3.50% of the transaction value.

What are the eligibility criteria for the IndianOil Axis Bank Premium Credit Card?

The primary cardholder should be 18-70 years of age and a resident of India, with standard income and residence proof required.

Axis Bank

IndianOil Axis Bank Premium Credit Card

FuelShoppingTravel

Last updated: 27 October 2025

Benefits & Features

Explore key benefits designed to maximize your lifestyle

Welcome Offer

Enjoy 500 EDGE Miles on your first spend within 30 days of card issuance.

Rewards Rate

Earn 6 EDGE Miles on every ₹150 spent at IOCL fuel outlets (up to ₹15k/month) & 2 EDGE Miles on groceries (up to ₹5k/month).

Reward Type

Reward Points

Reward Redemption

1 EDGE Mile = ₹1 for fuel at IOCL. Transfer 2 EDGE Miles to 1 Partner Point for airlines/hotels.

Domestic Lounge Access

Enjoy 2 complimentary domestic lounge visits per quarter (8 annually) by spending ₹50,000 in the prior 3 months.

International Lounge Access

Not Applicable

Premium Benefits

Not Applicable

Insurance Coverage

Not Applicable

Movie

Not Applicable

Dining

Enjoy 30% off on Zomato (up to ₹150, 2 times/month) & up to 25% off (max ₹800) via Eazydiner.

Travel Benefits

Offers spend-based domestic lounge access and instant savings on flights & hotels via MakeMyTrip.

What matters, explained clearly

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Frequently Asked Questions

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