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ICICI Bank HPCL Coral Credit Card VS IndianOil Axis Bank Premium Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.
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Last updated: 18 July 2026

Both ICICI Bank HPCL Coral Credit Card and IndianOil Axis Bank Premium Credit Card suit fuel-focused spenders, but they earn and cost differently. ICICI Bank HPCL Coral Credit Card costs ₹199 + GST and earns 2 RP/₹100 on retail, 1 RP/₹100 on utility/insurance, 6x-12x on iShop. IndianOil Axis Bank Premium Credit Card costs ₹1,000 + GST and earns 6 EDGE Miles on every ₹150 spent at IOCL fuel outlets (up to ₹15k/month) & 2 EDGE Miles on groceries (up to ₹5k/month). IndianOil Axis Bank Premium Credit Card also brings enjoy 2 complimentary domestic lounge visits per quarter (8 annually) by spending ₹50,000 in the prior 3 months. Weigh the fee against the reward rate above to see which fits your spending pattern better.

ICICI Bank HPCL Coral Credit Card
ICICI Bank HPCL Coral Credit Card
IndianOil Axis Bank Premium Credit Card
IndianOil Axis Bank Premium Credit Card

Fees & Charges

Joining Fee₹199 + GST
Joining Fee₹1,000 + GST
Renewal Fee₹199 + GST
Renewal Fee₹1,000 + GST
Spend Based WaiverAnnual fee waived if you spend ₹50,000 or more in the preceding year.
Spend Based WaiverJoining fee waived on ₹30,000 spend in a year. Annual fee waived on ₹30,000 (1st year) or ₹1 lakh (subsequent years) spend.
Foreign Transaction Fees3.5% of the transaction amount.
Foreign Transaction Fees3.5% of the transaction value
Interest Rate (APR)3.4% per month (40.8% p.a.) on outstanding balances; 3.75% p.m. for ATM withdrawals.
Interest Rate (APR)3.75% Monthly (55.55% Annually)

Rewards & Benefits

Welcome Bonus
Welcome BonusEnjoy 500 EDGE Miles on your first transaction within 30 days of card issuance. Applicable only in the first year.
Rewards RateEarn 2 Reward Points on every ₹100 spent on retail purchases; 1 RP on Utility & Insurance.
Rewards RateEarn 6 EDGE Miles for every ₹150 on IndianOil fuel (up to ₹15k/month), 2 EDGE Miles on groceries (up to ₹5k/month), and 1 EDGE Mile on other spends.
Reward TypeReward Points, Cashback
Reward TypeReward Points
Reward Redemption Fee₹99 + applicable taxes per redemption request.
Reward Redemption FeeNil

Travel & Lifestyle

Domestic Lounge Access
Domestic Lounge Access2 complimentary visits each quarter at select domestic airports, subject to ₹50,000 spend in previous 3 months.
International Lounge Access
International Lounge Access
Travel Benefits
Travel Benefits2 complimentary domestic airport lounge visits each quarter (spend-based) and up to 15% savings on flights & hotels via MakeMyTrip on Wednesdays.
Movie Benefits25% discount, up to ₹100, on movie tickets via BookMyShow, twice a month (conditional on ₹25,000 quarterly spend).
Movie Benefits
Dining BenefitsUp to 15% discount on dining across over 800 participating restaurants through the Culinary Treats Programme.
Dining BenefitsInstant 30% discount on Zomato (up to ₹150, twice monthly) and 25% discount on dining via Eazydiner.
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% waiver on fuel transactions worth ₹400 - ₹4,000 at HPCL pumps.
Fuel Surcharge Waiver1% (+GST) with an unlimited 1% waiver on IndianOil fuel purchases.

Security & Other

Insurance Benefits
Insurance Benefits
Cash Advance Charges2.5% of amount withdrawn, subject to a minimum of ₹300.
Cash Advance Charges2.5% on amount withdrawn (Minimum ₹500)
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

ICICI Bank HPCL Coral Credit Card

IndianOil Axis Bank Premium Credit Card

Who is it for?

The ICICI Bank HPCL Coral Credit Card is ideal for vehicle owners seeking significant fuel savings at HPCL pumps. It offers attractive discounts on movie tickets via BookMyShow and dining offers through the Culinary Treats Programme. With low fees and an achievable spend-based waiver, this card provides excellent value for everyday essential spending. Its co-branded nature ensures maximum benefits for fuel transactions, making it a top choice for its target audience.

Who is it for?

The IndianOil Axis Bank Premium Credit Card is a mid-range credit card from Axis Bank, ideal for individuals who frequently spend on fuel, especially at IndianOil outlets, and groceries. It offers accelerated rewards, complimentary domestic airport lounge access, and significant discounts on food delivery via Zomato. This card provides a well-rounded rewards program with flexible redemption options, making everyday spending more rewarding and economical.

Pros

Key benefits and features.

Significant savings up to 3.5% on fuel transactions at HPCL pumps.

Low joining and annual fees of ₹199 + GST with an achievable waiver.

Enjoy 25% discount on movie tickets via BookMyShow, twice monthly.

Valuable dining offers through the Culinary Treats Programme.

Reward points can be redeemed for fuel, products, and shopping vouchers.

Pros

Key benefits and features.

High reward rate of 6X EDGE Miles on fuel purchases at IndianOil outlets.

Accelerated 2X EDGE Miles on grocery and supermarket spends for daily needs.

Complimentary domestic airport lounge access enhances travel comfort significantly.

Enjoy significant 30% discounts on Zomato food orders, twice every month.

Flexible EDGE Miles redemption for fuel, partner points, or travel bookings.

Cons

Key drawbacks and limitations.

Fuel purchases are explicitly not eligible for earning reward points.

A rewards redemption fee of ₹99 + taxes applies per request.

High foreign currency markup of 3.5% on international transactions.

Movie benefit eligibility is conditional on a quarterly spend threshold.

High interest rates on cash advances and outstanding balances.

Cons

Key drawbacks and limitations.

Lounge access is spend-based, requiring ₹50,000 in previous three months.

Accelerated rewards on fuel and groceries have monthly caps, limiting higher earnings.

Certain transactions like rent, wallet, and insurance do not earn EDGE Miles.

The annual fee waiver requires a spend of ₹1 lakh in subsequent years.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.
Apply for ICICI Bank HPCL Coral Credit Card(opens in new tab)Apply for IndianOil Axis Bank Premium Credit Card(opens in new tab)