| Feature | IndianOil Axis Bank RuPay Credit Card |
|---|---|
| Card Image |
|
| Bank | Axis Bank |
| Annual Fee | 💳 ₹500 + GST (waived on spend milestones) |
| Interest Rate | rest 📈 ~3.6%/month (~42.4% per year) |
| Forex Markup | 🌎 3.5% |
| Lounge Access | ❌No lounge access |
| Fuel Surcharge Waiver | ⛽ 1% waiver + 5% fuel benefit |
| Reward Type | 🏅 Fuel rewards — redeemable for IOCL fuel using EDGE loyalty |
| Joining Bonus | Up to 100% cashback on first fuel transaction (campaign based) |
| Milestone Benefit | 🎁 Cashback on first fuel spend (offer-based) |
| Billing Cycle Benefits | 🎯 Fee waiver on spend threshold |
| Who It’s Best For | 🔁 Fuel points monthly |
| Benefits / Rewards |
|
| Apply | Apply Now |
FAQs about these cards
Which Axis card is best for cashback?
Axis ACE Credit Card (5% cashback on Google Pay bills).
Which is for luxury travel?
Axis Magnus Card offers 12 airport lounge visits and EDGE rewards.
Do Axis cards have joining fees?
Some premium cards do, with vouchers on activation.
Is there a lifetime-free option?
Axis Neo Credit Card is lifetime-free with shopping offers.
Which bank offers the best overall credit card in India?
HDFC, ICICI, and SBI dominate the market with feature-rich cards suited for every lifestyle.
Are bank-specific cards better than co-branded cards?
Bank-specific cards provide flexibility and consistent benefits across merchants, unlike limited co-branded offers.
Which bank offers the most reward points?
HDFC and Axis Bank are known for high reward multipliers on travel and shopping categories.
Can I hold multiple bank credit cards?
Yes, you can have cards from different banks, but managing timely payments is essential.
What is a fuel credit card?
A fuel credit card gives cashback or surcharge waivers when you purchase petrol or diesel at select fuel stations.
Which is the best fuel credit card in India?
SBI BPCL Octane, ICICI HPCL Coral, and Axis IndianOil are some of the best options for 2025.
Do fuel credit cards have joining fees?
Some are free or have minimal annual fees, often waived off on yearly spending milestones.
What is a fuel surcharge waiver?
A refund of the 1% fee charged by pumps on card payments.
Is GST also waived?
Usually only the 1% surcharge is waived; taxes may not be.
Is there a monthly cap?
Yes, banks set limits (e.g., ₹100–₹250 per statement).
Does it work at all pumps?
Most cards support HPCL/BPCL/IOCL; check issuer list.
Best benefit?
5% on IndianOil fuel.
Free card?
First year free, then waived on ₹50K spend.
Cashback type?
EDGE points redeemable for fuel.
Good for families?
Yes, accepted at all IndianOil outlets.
What does lifetime-free credit card mean?
It means the card has no joining or annual maintenance charges for its entire validity period.
Which banks offer lifetime-free credit cards in India?
HDFC Bank, ICICI Bank, IDFC FIRST Bank, and RBL Bank have excellent lifetime-free options.
Are lifetime-free cards truly free?
Yes, provided you meet eligibility criteria — no hidden charges apply if you pay on time.
Do lifetime-free cards offer cashback or rewards?
Absolutely. Many include cashback, points, or fuel benefits just like paid cards.