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IndianOil Axis Bank Premium Credit Card VS BPCL SBI 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.

Features

IndianOil Axis Bank Premium Credit Card
IndianOil Axis Bank Premium Credit Card
BPCL SBI Credit Card
BPCL SBI Credit Card

Fees & Charges

Joining Fee
₹1,000 + GST
Rs. 499 + GST
Renewal Fee
₹1,000 + GST
Rs. 499 + GST, from the second year onwards.
Spend Based Waiver
Annual fee of ₹1,000 + GST waived on spends of ₹1,00,000 and above in an anniversary year.
Renewal fee waived if annual spends for the preceding year are Rs. 50,000 or more.
Foreign Transaction Fees
3.50% of transaction value for foreign currency spends.
3.5% of the transaction amount.
Interest Rate (APR)
3.75% Per Month (55.55% Per Annum) on outstanding balances.
Monthly 3.5%-3.75% (42-45% annually).

Rewards & Benefits

Welcome Bonus
Enjoy 500 EDGE Miles on your first spend within 30 days of card issuance.
Get 2,000 Activation Bonus Reward Points worth Rs. 500 on payment of the joining fee.
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).
4.25% Valueback on fuel. 5 points per Rs. 100 on select categories & 1 point on others.
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
Nil charges for redeeming EDGE Miles.
Rs. 99 (plus applicable taxes) per redemption request.

Travel & Lifestyle

Domestic Lounge Access
Enjoy 2 complimentary domestic lounge visits per quarter (8 annually) by spending ₹50,000 in the prior 3 months.
Not Applicable
International Lounge Access
Not Applicable
Not Applicable
Travel Benefits
Offers spend-based domestic lounge access and instant savings on flights & hotels via MakeMyTrip.
Not Applicable
Movie Benefits
Not Applicable
Earn 5 Reward Points on every Rs. 100 spent on movie tickets (5X Reward Points).
Dining Benefits
Enjoy 30% off on Zomato (up to ₹150, 2 times/month) & up to 25% off (max ₹800) via Eazydiner.
Earn 5 Reward Points on every Rs. 100 spent on dining (5X Reward Points).
Golf Benefits
Not Applicable
Not Applicable
Fuel Surcharge Waiver
1% fuel surcharge waiver (unlimited) at IOCL fuel outlets (GST on surcharge non-refundable).
1% waiver up to Rs. 100 per billing cycle on transactions up to Rs. 4,000 at BPCL pumps.

Security & Other

Insurance Benefits
Not Applicable
Not Applicable
Cash Advance Charges
2.5% of withdrawn amount (minimum ₹500) for cash advances.
2.5% of withdrawn amount, subject to a minimum charge of Rs. 500.
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

IndianOil Axis Bank Premium Credit Card

BPCL SBI Credit Card

Who is it for?

The IndianOil Axis Bank Premium Credit Card is tailored for individuals frequently spending on fuel, offering accelerated rewards at IndianOil outlets. It provides comprehensive benefits, including grocery rewards, domestic airport lounge access, and dining discounts on Zomato and Eazydiner. This card is an excellent choice for those prioritizing fuel savings and lifestyle perks, while offering a well-rounded rewards program for everyday expenses.

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.

Pros

Key benefits and features.

Excellent choice for frequent commuters with generous 6X EDGE Miles on IndianOil fuel purchases.

Well-rounded rewards program providing 2X EDGE Miles on grocery and daily spending needs.

Valuable travel perk with 2 complimentary domestic airport lounge visits each quarter.

Significant lifestyle benefits, including a 30% discount on food deliveries via Zomato.

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.

Cons

Key drawbacks and limitations.

Domestic lounge access is conditional on spending ₹50,000 in the preceding three months.

Accelerated EDGE Miles for fuel and groceries have monthly spending caps for maximum benefits.

No EDGE Miles are earned on key categories like utilities, insurance, wallets, and rent payments.

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.

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.