IndianOil Axis Bank Credit Card

The IndianOil Axis Bank credit card is a co-branded credit card designed to cater to the fuel needs of the customer. With this credit card, you not only earn rewards on your fuel transactions, but also get additional benefits like discounts on movie tickets, flights and hotel booking, etc. Read on to know more about the features, benefits, fees, charges, and other details related to IndianOil Axis Bank credit card. 

Updated On - 17 Dec 2025
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Key Highlights of Axis Bank IndianOil Credit Card

  1. A welcome benefit of up to 1250 EDGE REWARD points as a welcome benefit. 
  1. Accelerated reward points on shopping expenses. 
  1. Fuel surcharge waiver on all your fuel expenses. 
  1. Annual fee waiver if your expenses cross Rs.3.5 lakh in a card anniversary year. 
  1. Discounts on movie ticket purchases. 
axis bank indianoil credit card for fuel offers
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Features and Benefits of Axis Bank IndianOil Credit Card

The features and benefits of IndianOil Axis Bank credit card are as follows: 

  1. Welcome Benefits: On your first fuel transaction using IndianOil Axis Bank credit card within 30 days of issuance, you get up to 1250 EDGE Reward points as welcome benefit. Do note that this offer is applicable only on fuel purchases. 
  1. Reward Points: Get 4% value back on fuel purchases in the form of 20 reward points for every Rs.100 spent at any Indian Oil outlet across the country. Get 1 reward point on every Rs.100 spent using this credit card. 
  1. Shopping Benefits: You also earn 1% value back while shopping online using this credit card in the form of 5 reward points for every Rs.100 spent. 
  1. Fuel Surcharge Waiver: Get 1% fuel surcharge waiver up to Rs.50 in a statement cycle, on fuel transactions ranging between Rs.400 to Rs.4000. 
  1. Annual Fee Waiver: Get your annual fee waived off on completing transactions worth Rs.3.5 lakh and above in a card anniversary year. 
  1. Entertainment Benefits: With this credit card, you get an instant discount of 10% on booking movie tickets using BookMyShow. Enjoy dining at top restaurants across India with Axis Bank Dining Delights Program. 
  1. Wednesday Offers: Every Wednesday, get an instant discount of up to 15% on booking flights or hotels through Goibibo or MakeMyTrip. You also get 10% off on Swiggy orders and 10% off up to Rs.1000 on shopping at Tira. 
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IndianOil Axis Bank Credit Card Fees and Charges

The fees and charges of IndianOil Axis Bank credit card are as follows: 

Type of Charge 

Amount 

Joining fee 

Rs.500 

Annual fee 

1stYear: Nil2nd Year: Rs.500 (waived if annual spends exceed Rs.50,000) 

Finance Charge 

3.75% per month 

Add-on card joining fee 

Nil 

Add-on card annual fee 

Nil 

Cash payment fee 

Rs.175 

Card replacement fee 

Nil 

Charge slip retrieval fee 

Waived 

Duplicate Statement fee 

Waived 

Mobile alerts 

Free 

Outstation cheque fee 

Waived 

Hot listing charges 

Nil 

Cash withdrawal fee 

2.5% (Minimum of Rs.500) 

Over limit penalty 

2.5% (Minimum of Rs.500) 

Late payment fee 

Less than Rs.500: Nil, From Rs.501 to Rs.5,000: Rs.500, From Rs.5,001 to Rs.10,000: Rs.750, Greater than Rs.10,000: Rs.1,200Note: If Minimum Amount Due (MAD) is not paid for two consecutive billing cycles, an additional Rs.100 will be charged. 

Cheque return or dishonor fee 

2% of the paymentamount,subject to a minimum ofRs.500Note: There is no maximum capping on the fee 

Foreign currency transaction fee 

3.5% of the transaction value 

Surcharge on railway tickets 

As per IRCTC 

GST 

As per the government norms 

Reward Redemption Fee 

Rs.99 for every request on EDGE REWARDS platform 

Eligibility Criteria of the IndianOil Axis Bank Credit Card

Once you click the 'Apply Now' option on the website of Axis Bank, the bank will ask for a few primary details which must be entered. Once done, the bank will check if you are eligible for a credit card and will get in contact with you.

The eligibility criteria that must be met to apply for the IndianOil Axis Bank Credit Card are in the table mentioned below:

Category

Details

Age Limit

  1. Applicant: 18 years – 70 years
  2. Add-On: More than 15 years

Individual

Either a Resident Indian or Non-Resident Indian

Occupation

Self-Employed or Salaried

Note: The eligibility criteria mentioned above are indicative and the bank holds the right to approve or reject your credit card application. 

Documents Required to Apply for the IndianOil Axis Bank Credit Card:

The documents required to apply for IndianOil Axis Bank credit card are as follows: 

  1. Identity Proof: Aadhaar card, PAN card, Passport, etc. 
  1. Address Proof: Aadhaar card, Utility bills, Ration card, etc. 
  1. Income Proof: Form 16, ITR, Salary slips (not more than three months old), etc.  

Note: The documents listed above are in general, and banks may request you to submit additional documents based on internal policies.

FAQs on Axis Bank IndianOil Credit Card

  • What is the joining fee of the credit card?

    The joining fee of the IndianOil Axis Bank credit card is Rs.500.

  • How much is the reward redemption fee for IndianOil Axis Bank credit card?

    You have to pay a fee of Rs.99 for every redemption request made on the EDGE REWARDS platform. 

  • Can NRIs apply for IndianOil Axis Bank credit card?

    Yes, NRIs can apply for IndianOil Axis Bank credit card. 

  • Can I get airport lounge benefits with IndianOil Axis Bank credit card?

    No, the IndianOil Axis Bank credit card does not offer any lounge benefits. 

  • How much is the minimum age requirement to apply for this credit card?

    You should be at least 18 years old to apply for the IndianOil Axis Bank credit card. 

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