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IndianOil Axis Bank Premium Credit Card vs IndianOil Axis Bank RuPay 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
IndianOil Axis Bank RuPay Credit Card
IndianOil Axis Bank RuPay Credit Card

Fees & Charges

Joining Fee
₹1,000 + GST
₹500 + GST
Renewal Fee
₹1,000 + GST
₹500 + GST
Spend Based Waiver
Annual fee of ₹1,000 + GST waived on spends of ₹1,00,000 and above in an anniversary year.
Annual fee waived on annual spending of Rs. 3,50,000 in a card anniversary year.
Foreign Transaction Fees
3.50% of transaction value for foreign currency spends.
3.5% of the transaction value.
Interest Rate (APR)
3.75% Per Month (55.55% Per Annum) on outstanding balances.
3.75% Per Month (55.55% Per Annum) on retail purchases and cash advances.

Rewards & Benefits

Welcome Bonus
Enjoy 500 EDGE Miles on your first spend within 30 days of card issuance.
Earn up to 1250 EDGE REWARD points (worth ₹250) on first fuel transaction 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).
Earn 20 pts/₹100 on fuel (IOCL), 5 pts/₹100 on online shopping, 1 pt/₹100 on other spends.
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
Nil charges for redeeming EDGE Miles.
INR 99 per transaction on the EDGE REWARDS platform.

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.
Instant savings up to 15% on flights & hotels via MakeMyTrip (Wednesdays).
Movie Benefits
Not Applicable
Up to 10% instant discount on movie tickets booked via BookMyShow app or website.
Dining Benefits
Enjoy 30% off on Zomato (up to ₹150, 2 times/month) & up to 25% off (max ₹800) via Eazydiner.
Up to 15% off (max Rs. 500) on dining bills at partner restaurants via Axis Bank EazyDiner Program.
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 on fuel surcharge (transactions ₹400-₹4000), max ₹50 per statement cycle.

Security & Other

Insurance Benefits
Not Applicable
Not Applicable
Cash Advance Charges
2.5% of withdrawn amount (minimum ₹500) for cash advances.
2.5% of cash amount (Minimum Rs. 500) for cash withdrawals.

IndianOil Axis Bank Premium Credit Card

IndianOil Axis Bank RuPay Credit Card

Who is it for?

Who is it for?

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.

Best suited for transactions at petrol stations, offering excellent value back on fuel.

Provides an instant 10% discount on movie tickets booked via BookMyShow.

Offers dining discounts through the Axis Bank Dining Delights program.

Annual fee waiver on achieving a reasonable spending threshold.

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.

Lacks significant travel benefits like airport lounge access, unlike many premium cards.

The welcome benefit of 1,250 EDGE Reward Points (worth ₹250) is relatively low.

Reward redemption on the EDGE REWARDS platform incurs a fee of INR 99 per transaction.

Ready to Choose?

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