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IndianOil RBL Bank XTRA 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 IndianOil RBL Bank XTRA Credit Card and IndianOil Axis Bank Premium Credit Card suit fuel-focused spenders, but they earn and cost differently. IndianOil RBL Bank XTRA Credit Card costs ₹1,500 + GST and earns 15 Fuel Points for every ₹100 spent at IndianOil fuel stations (7.5% reward rate). 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 RBL Bank XTRA Credit Card also brings get 3,000 Fuel Points (worth ₹1,500) on spending ₹500+ within 30 days of card issuance, while IndianOil Axis Bank Premium Credit Card counters with 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.

IndianOil RBL Bank XTRA Credit Card
IndianOil RBL Bank XTRA Credit Card
IndianOil Axis Bank Premium Credit Card
IndianOil Axis Bank Premium Credit Card

Fees & Charges

Joining Fee₹1,500 + GST
Joining Fee₹1,000 + GST
Renewal Fee₹1,500 + GST
Renewal Fee₹1,000 + GST
Spend Based WaiverAnnual fee waived on spends of ₹2.75 Lakh annually.
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%
Foreign Transaction Fees3.5% of the transaction value
Interest Rate (APR)2.5% to 3.99% Per Month
Interest Rate (APR)3.75% Monthly (55.55% Annually)

Rewards & Benefits

Welcome BonusGet 3,000 Fuel Points (worth ₹1,500) on joining fee payment & ₹500 spend in 30 days.
Welcome BonusEnjoy 500 EDGE Miles on your first transaction within 30 days of card issuance. Applicable only in the first year.
Rewards Rate7.5% on fuel purchases at IndianOil outlets; 2 Fuel Points for every ₹100 on other spends.
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
Reward TypeReward Points
Reward Redemption Fee₹99 + GST
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 Benefits
Movie Benefits
Dining Benefits
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% Fuel Surcharge Waiver up to ₹200 each month.
Fuel Surcharge Waiver1% (+GST) with an unlimited 1% waiver on IndianOil fuel purchases.

Security & Other

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Cash Advance Charges2.5% on amount withdrawn (Minimum ₹500)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

IndianOil RBL Bank XTRA Credit Card

IndianOil Axis Bank Premium Credit Card

Who is it for?

The IndianOil RBL Bank XTRA Credit Card is a specialized fuel credit card designed for individuals seeking substantial savings on fuel expenses, particularly at IndianOil outlets. It offers an impressive 7.5% reward rate on fuel purchases, combined with a 1% fuel surcharge waiver, leading to a total savings of 8.5%. Cardholders also benefit from welcome Fuel Points and milestone rewards, making it an ideal choice for frequent fuel users who prioritize value back on their fuel spends.

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.

Offers a high return of 7.5% on fuel purchases, a competitive rate among fuel cards.

Combined with the fuel surcharge waiver, total savings reach 8.5% on fuel.

Welcome benefits provide 3,000 Fuel Points, equivalent to ₹1,500 value.

Milestone rewards offer additional Fuel Points on achieving quarterly spend targets.

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.

Lacks diverse benefits like lounge access or dining discounts, unlike other cards.

Comes with a joining fee of ₹1,500 + GST, which might deter some users.

Users have reported issues with redeeming Fuel Points at some IndianOil outlets.

Excludes many common spend categories like utilities and rentals from rewards.

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 IndianOil RBL Bank XTRA Credit Card(opens in new tab)Apply for IndianOil Axis Bank Premium Credit Card(opens in new tab)