Card Details
IndianOil Axis Bank Premium Credit Card
Card Issuer
Axis Bank
Joining Fee
₹1,000
Annual Fee
₹1,000
Reward Type
Miles
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
6Rp/₹150
Edge miles at iocl outlets
2Rp/₹150
Edge miles on grocery & supermarket spends
1Rp/₹150
Edge miles on other spends
Benefits
6 EDGE MILES per ₹150 at IOCL outlets
- 6 EDGE Miles per ₹150 at IndianOil fuel outlets
- 1% unlimited fuel surcharge waiver at IOCL fuel outlets
- 1% unlimited fuel surcharge waiver on fuel purchases at IOCL fuel outlets
30% instant discount on Zomato
- 30% instant discount on Zomato
2 complimentary domestic lounge visits per quarter
Reward Calculator
NOTE: Enter your monthly spends to see
projected returns.
Excluded: transport, tolls, utilities, insurance, education, government, wallet, rent
Estimated Returns
Fuel at IndianOil outlets
6X EDGE Miles per Rs.150 (=4/100); cap 600 EDGE Miles/month on up to Rs.15,000 fuel spend; base 1X beyond. 1 EDGE Mile=Rs.1 for IndianOil fuel = 4% value + 1% surcharge waiver
₹600
Groceries & Supermarket
2X EDGE Miles per Rs.150; capped 33 Miles/month (Rs.5,000 spend)
₹33
All other eligible spends
1 EDGE Mile per Rs.150. Point value Rs.1 assumes fuel redemption; TravelEdge redemption = Rs.0.20/mile, airline transfer 2:1
₹84
Total Annual Return
₹8,603
2.39% Effective ROIThings to Keep in Mind
Terms and conditions of IndianOil Axis Bank Premium credit card will be updated w.e.f 20th June'25.
Fuel surcharge waiver valid at IOCL outlets; GST on fuel surcharge is non-refundable.
Exact joining/annual fee amount not visible in provided extract; only annual fee waiver threshold (₹30,000) is confirmed.
Lounge access is subject to a reported spend requirement of ₹50,000 in the previous three months.
Excluded EDGE Miles categories include transportation, tolls, utilities, insurance, educational institutions, government institutions, wallet loads, and rent.
GST charged on the fuel surcharge is non-refundable.
