Axis Bank Indian Oil

Axis Bank IndianOil Credit Card is specially designed for users who spend frequently on fuel. It offers value-back benefits on fuel transactions at IndianOil outlets along with rewards on online shopping, dining, and entertainment.

✔️ Applicant must be an Indian resident or NRI (subject to bank conditions)
✔️ Age: 18 to 60 years
✔️ Salaried or self-employed individual
✔️ Stable income source
✔️ Good CIBIL score (750+ preferred)

✔️ Joining Fee: ₹500
✔️ Annual Fee: ₹500 (waived on annual spend criteria)
✔️ Interest Rate: ~3.5% per month (~42% p.a.)
✔️ Cash Withdrawal Fee: 2.5% (min ₹500)
✔️ Fuel Surcharge Waiver: 1% (on eligible transactions)
✔️ Late Payment Charges: As per bank policy

✔️ Identity Proof (PAN Card mandatory)
✔️ Address Proof
✔️ Income Proof (Salary Slip / ITR / Form 16)
✔️ Passport-size photographs

Q1. What is the main benefit of IndianOil Axis Bank Credit Card?
Ans. It offers up to 4% value back on fuel spends at IndianOil outlets.

Q2. Is there any annual fee?
Ans. Yes, ₹500 annual fee, which can be waived on meeting spending criteria.

Q3. Does it provide fuel surcharge waiver?
Ans. Yes, 1% fuel surcharge waiver is applicable on eligible transactions.

Q4. Are there rewards on online shopping?
Ans. Yes, you get around 1% value back on online spends.

Q5. Is this card good for daily fuel users?
Ans. Yes, it is one of the best credit cards for frequent fuel expenses and everyday savings.