Skip to main content

BPCL SBI Credit Card VS INDIANOIL AXIS BANK Credit Card VS IndianOil Kotak Credit Card

A detailed, side-by-side look at 3 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

BPCL SBI Credit Card
BPCL SBI Credit Card
INDIANOIL AXIS BANK Credit Card
INDIANOIL AXIS BANK Credit Card
IndianOil Kotak Credit Card
IndianOil Kotak Credit Card

Fees & Charges

Joining Fee
₹499 + GST
₹500 + GST
₹449 + GST
Renewal Fee
₹499 + GST
Nil
₹449 + GST
Spend Based Waiver
Renewal fee waived if annual spends for the preceding year are Rs. 50,000 or more.
Annual fee waived if spend exceeds ₹3,50,000 in the card anniversary year; excludes rent, wallet loads, EMIs, cash withdrawals, fees, charges, GST, insurance spends, temporary credit and reversals.
Annual fee of ₹449 waived on spending ₹50,000 or more in the previous anniversary year.
Foreign Transaction Fees
3.5% of the transaction amount.
3.5% of transaction value; Dynamic Currency Conversion markup 1.5% plus taxes.
3.5%
Interest Rate (APR)
Monthly 3.5%-3.75% (42-45% annually).
3.75% per month (55.55% per annum) on retail purchases and cash.
3.75% per month (Annualized @ 45%), effective from 1st June 2025.

Rewards & Benefits

Welcome Bonus
Get 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of the joining fee.
Up to 1,250 EDGE REWARD Points on first fuel transactions within 30 days of card issuance.
1000 Reward Points on spending INR 500 or more within 30 days of card issuance.
Rewards Rate
4.25% Valueback on fuel. 5 points per Rs. 100 on select categories & 1 point on others.
20 EDGE REWARD Points per ₹100 on fuel at IOCL (4% value back; ₹5,000 monthly cap); 5 Points per ₹100 on online shopping (1%; ₹5,000 cap); 1 Point per ₹100 on all other eligible spends.
Earn 24 RP/INR 150 on IndianOil fuel, 12 RP/INR 150 on dining/groceries, 3 RP/INR 150 on others.
Reward Type
Reward Points
Reward Points
Reward Points
Reward Redemption Fee
Rs. 99 (plus applicable taxes) per redemption request.
₹99 per transaction on the EDGE REWARDS platform.
Nil

Travel & Lifestyle

Domestic Lounge Access
Not Applicable
Not Applicable
International Lounge Access
Not Applicable
Not Applicable
Travel Benefits
Not Applicable
Instant savings up to 15% on flights and hotels via Goibibo and MakeMyTrip (Wednesday Delight).
Concierge services for car rental, limousine, travel booking assistance (Rupay variant only).
Movie Benefits
Earn 5 Reward Points on every Rs. 100 spent on movie tickets (5X Reward Points).
Up to 10% instant discount on BookMyShow movie tickets.
Movie vouchers available for redemption through the Kotak Rewards portal.
Dining Benefits
Earn 5 Reward Points on every Rs. 100 spent on dining (5X Reward Points).
Access to dining offers at top restaurants across India via Axis Bank Dining Delights Program.
Earn 2% back as Reward Points on dining spends, capped at 800 RP per cycle.
Golf Benefits
Not Applicable
Concierge services include golf reservations for Rupay variant cardholders.
Fuel Surcharge Waiver
1% waiver up to Rs. 100 per billing cycle on transactions up to Rs. 4,000 at BPCL pumps.
Fuel surcharge waiver up to ₹50 per statement cycle; not explicitly stated as a charge.
1% waiver on IndianOil fuel transactions between ₹100-₹5000, max ₹100 per statement cycle.

Security & Other

Insurance Benefits
Not Applicable
Receive an insurance cover worth INR 2 Lakhs for personal accidents.
Cash Advance Charges
2.5% of withdrawn amount, subject to a minimum charge of Rs. 500.
2.5% (Min. ₹500) of the cash amount.
2.5% on the advance amount, subject to a minimum of ₹500, effective from 1st June 2025.
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

BPCL SBI Credit Card

INDIANOIL AXIS BANK Credit Card

IndianOil Kotak Credit Card

Who is it for?

The BPCL SBI Card is an excellent entry-level credit card, co-branded with BPCL, ideal for everyday users. It offers significant value back on fuel purchases at BPCL stations, with a total of 4.25% value back, including a fuel surcharge waiver. Beyond fuel, cardholders benefit from accelerated reward points on common spending categories such as dining, groceries, departmental stores, and movies. This card provides practical savings on essential expenses with a nominal annual fee, making it a great choice for maximizing daily expenditures.

Who is it for?

The IndianOil Axis Bank Credit Card is a co-branded fuel and lifestyle card designed for vehicle owners and frequent fuel spenders, offering up to 4% value back on fuel at IOCL and a fuel surcharge waiver of up to ₹50 per statement cycle. It combines strong quantified fuel savings with everyday lifestyle perks including movie discounts, dining offers and travel deals via Wednesday Delight, plus a potential annual fee waiver on reaching ₹3,50,000 in spends. Ideal for users who regularly fuel at IOCL outlets and seek cost-efficient rewards alongside dining, shopping and travel benefits.

Who is it for?

The IndianOil Kotak Credit Card is a co-branded fuel credit card offering significant savings on IndianOil fuel, with up to 5% value back. It provides accelerated rewards on dining and groceries, a welcome bonus of 1000 Reward Points, and a 1% fuel surcharge waiver. Ideal for frequent travelers and new credit users, the card also includes personal accident insurance and flexible redemption options.

Pros

Key benefits and features.

Offers great reward points and significant value back on fuel transactions at BPCL petrol pumps across India.

The BPCL SBI Card is highly accessible due to its competitive and low joining cost of just Rs. 499.

Provides attractive rewards on various everyday spending categories like groceries, dining, and movie tickets.

Pros

Key benefits and features.

Up to 4% value back on fuel at IOCL outlets with a ₹5,000 monthly cap, delivering quantified fuel savings for regular vehicle owners.

Fuel surcharge waiver up to ₹50 per statement cycle and instant discounts up to 10% on BookMyShow for everyday lifestyle spends.

Welcome benefit of up to 1,250 EDGE REWARD Points on first fuel transactions within 30 days, accelerating initial rewards balance.

Annual fee waived in Year 1 and potentially waived thereafter upon spending over ₹3,50,000, enhancing cost efficiency for target users.

Lifestyle perks via Wednesday Delight and Dining Delights including up to 15% on flights and hotels and dining offers across top restaurants.

Pros

Key benefits and features.

Significant savings potential on IndianOil fuel purchases with a 5% value back.

Accelerated rewards on essential spends like dining and groceries enhance daily value.

Valuable welcome benefit of 1000 reward points on initial spend within 30 days.

Complimentary personal accident insurance cover of ₹2 Lakhs provides added security.

Annual fee waiver easily achievable by spending ₹50,000 yearly.

Cons

Key drawbacks and limitations.

Cardholders will not receive any complimentary domestic or international airport lounge access.

There are no specific insurance benefits or covers included as part of this credit card's offerings.

Reward points are not earned on transactions for mobile wallet uploads or fuel purchases outside BPCL stations.

Cons

Key drawbacks and limitations.

Finance charges are high at 3.75% per month (55.55% per annum), making it expensive for revolving balances and cash borrowers.

Cash withdrawal fee of 2.5% (Min. ₹500) and foreign currency markup of 3.5% add cost for liquidity and international use cases.

Reward redemption fee of ₹99 per transaction on the EDGE REWARDS platform reduces net value when encashing points.

Multiple exclusions from rewards and waiver including insurance, gold, wallet loads, rent, utilities and EMI transactions limit applicability.

Monthly caps on accelerated fuel and online shopping rewards may constrain high spenders from maximizing earnings consistently.

Cons

Key drawbacks and limitations.

Monthly capping limits on reward points for fuel, dining, and grocery spends restrict maximum earnings.

Cashback redemption requires a minimum of 2000 points, potentially delaying benefits.

Higher foreign currency markup of 3.5% makes international spends less rewarding.

Various new fees on wallet, education, and utility effective from June 2025.

No complimentary domestic or international airport lounge access included with the card.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.