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IndianOil RBL Bank Credit Card vs BPCL SBI Octane Credit Card vs IndianOil Axis Bank Premium 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

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

Fees & Charges

Joining Fee
₹500 + GST
₹1,499 + GST
₹1,000 + GST
Renewal Fee
₹500 + GST
₹1,499 + GST
₹1,000 + GST
Spend Based Waiver
Annual Fee waived on spends of ₹1.75 Lakh in a year.
Renewal fee waived if annual spends for the preceding year are ₹2,00,000 or more.
Annual fee of ₹1,000 + GST waived on spends of ₹1,00,000 and above in an anniversary year.
Foreign Transaction Fees
3.5% markup on international spends.
3.5% of the transaction amount is charged as foreign currency markup.
3.50% of transaction value for foreign currency spends.
Interest Rate (APR)
2.5% to 3.99% Per Month on outstanding balances.
3.75% per month (equivalent to 45% per annum) on outstanding balances.
3.75% Per Month (55.55% Per Annum) on outstanding balances.

Rewards & Benefits

Welcome Bonus
1,000 Fuel Points
Get 6,000 bonus reward points (worth ₹1,500) on payment of the annual fees, credited within 30 days.
Enjoy 500 EDGE Miles on your first spend within 30 days of card issuance.
Rewards Rate
Earn 10 Fuel Points/₹100 on IndianOil fuel, 1 Fuel Point/₹100 on other spends.
Earn 25 RPs on ₹100 at BPCL fuel; 10 RPs on ₹100 for Dining/Movies/Grocery; 1 RP on ₹100 general.
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 Points
Reward Points
Reward Redemption Fee
₹99 + GST applies for redemption of reward points.
₹99 + taxes per redemption request, waived for instant redemption at BPCL fuel stations.
Nil charges for redeeming EDGE Miles.

Travel & Lifestyle

Domestic Lounge Access
Not Applicable
4 complimentary visits per calendar year to Domestic VISA lounges, limited to 1 visit per quarter.
Enjoy 2 complimentary domestic lounge visits per quarter (8 annually) by spending ₹50,000 in the prior 3 months.
International Lounge Access
Not Applicable
Not Applicable
Travel Benefits
Not Applicable
Enjoy 4 complimentary domestic airport lounge accesses annually (1 per quarter) for convenient travel.
Offers spend-based domestic lounge access and instant savings on flights & hotels via MakeMyTrip.
Movie Benefits
Not Applicable
Earn 10 Reward Points on every ₹100 spent on movies, capped at 7,500 RPs per month.
Not Applicable
Dining Benefits
Not Applicable
Earn 10 Reward Points on every ₹100 spent on dining, capped at 7,500 RPs per month.
Enjoy 30% off on Zomato (up to ₹150, 2 times/month) & up to 25% off (max ₹800) via Eazydiner.
Golf Benefits
Not Applicable
Not Applicable
Fuel Surcharge Waiver
1% fuel surcharge waiver.
1% fuel surcharge waiver up to ₹100/cycle on transactions up to ₹4,000 at BPCL.
1% fuel surcharge waiver (unlimited) at IOCL fuel outlets (GST on surcharge non-refundable).

Security & Other

Insurance Benefits
Not Applicable
Complimentary Fraud Liability Cover of ₹1 Lakh, valid for 3 days prior to reporting loss.
Not Applicable
Cash Advance Charges
2.5% or a Minimum of ₹500 for cash withdrawals.
2.5% of withdrawn amount, with a minimum charge of ₹500, applies to cash advances.
2.5% of withdrawn amount (minimum ₹500) for cash advances.

IndianOil RBL Bank Credit Card

BPCL SBI Octane Credit Card

IndianOil Axis Bank Premium Credit Card

Who is it for?

Who is it for?

Who is it for?

Pros

Key benefits and features.

Highly advantageous credit card for those who frequently purchase fuel at IndianOil stations.

Offers an excellent reward rate of 5% on fuel purchases, ensuring significant savings.

Considered one of the best co-branded credit cards for fuel purchases at IndianOil Outlets.

Affordable ₹500 fee makes it ideal for individuals seeking their first fuel credit card.

Potential annual savings of up to ₹6,000 on fuel expenditure at IndianOil outlets.

Pros

Key benefits and features.

Exceptional 7.25% value back on fuel at BPCL, making fuel expenses highly rewarding.

Provides 4 complimentary domestic airport lounge accesses annually, rare for this segment.

Accelerated rewards on dining, movies, and groceries offer significant savings on lifestyle spends.

Annual fee is easily waivable with a reasonable spend, enhancing long-term value.

Comes with a complimentary Fraud Liability Cover of ₹1 Lakh for added security.

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.

Cons

Key drawbacks and limitations.

The card does not offer a high reward rate for spending on categories other than fuel.

Limited benefits beyond fuel, making it less versatile for diverse spending needs.

A rewards redemption fee of ₹99 + GST applies, reducing the overall reward value slightly.

Cons

Key drawbacks and limitations.

A ₹99 fee is charged for most reward point redemptions, except instant fuel payments.

Fuel benefits are limited only to BPCL stations, reducing flexibility for other brands.

Reward points on Bharat Gas spends are capped at a relatively low 500 points per cycle.

High foreign currency markup of 3.5% makes international transactions less attractive.

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.

Ready to Choose?

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