Card Details
INDIANOIL AXIS BANK Credit Card
Card Issuer
Axis Bank
Joining Fee
₹500
Annual Fee
₹500
Reward Type
Reward Points
Card Access
Standard
Changes to this card
Offers from Axis Bank
See allGet 5% instant discount up to ₹15,000 on Tata Steel Aashiyaana
Exclusive Discounts · till 31 Oct 2026
10% instant discount up to ₹1,000 on Tira
Exclusive Discounts · till 31 Oct 2026
Instant discount up to ₹15,000 at Apple
Electronics Deals · till 10 Nov 2026
Up to 12% instant discount on flight bookings on Yatra
Travel Deals · till 30 Nov 2026
10% off up to ₹4,500 on Nothing
Electronics Deals · till 30 Nov 2026
Earn Points
20Rp/₹100
Reward points at iocl fuel outlets
5Rp/₹100
On online shopping
1Rp/₹100
On other spending
Benefits
20 EDGE REWARD Points per ₹100 at IOCL fuel…
- 20 EDGE REWARD Points per ₹100 at IndianOil/IOCL fuel outlets
Up to 10% instant discount on BookMyShow movie…
- Instant discount of up to 10% on movie-ticket bookings through BookMyShow.
1% value back on online shopping
Reward Calculator
NOTE: Enter your monthly spends to see
projected returns.
Excluded: rent, wallet, insurance, education, government, gold, utilities
Estimated Returns
Fuel at IOCL outlets
20 EDGE Points per Rs.100 on IOCL fuel txns of Rs.400-4000; accelerated earn capped ~1000 pts/month (Rs.5,000 spend) = Rs.200; 1 pt=Rs.0.20 = 4% value + 1% surcharge waiver
₹200
Online shopping
5 EDGE Points per Rs.100 online (txn Rs.100-5000); ~1% value
₹250
All other spends
1 EDGE Point per Rs.100; ~0.20% value
₹0
Total Annual Return
₹5,400
1.5% Effective ROIThings to Keep in Mind
The official Axis page states annual-fee waiver above ₹3.5 lakh in a card anniversary year, while some independent reports suggest ₹50,000 threshold; verify the current fee schedule with Axis.
The Goibibo, MakeMyTrip, Swiggy and Tira offers may be limited-period campaigns.
The Axis Bank value chart's ₹250 activation benefit is an estimated benefit, not an activation fee.
