IndianOil Axis Bank RuPay Credit Card India 2021: Get Instant Discount on Annual Fuel + How to Apply?

It can be a tough time trying to pick the right credit card for your needs — and that gives you the best benefits and the easiest-to-use experience as you spend. But when a credit card offers a mix of everything you need — convenience, rewards and practical benefits — it shines above the rest. One such card that can give you a mix of fuel benefits, rewards points and much more is the IndianOil Axis Bank RuPay Credit Card. If you’re a regular purchaser of fuel, a shopping lover or a voyager, this card has a cheery and brighter side that will make your life more convenient.

In this blog, we are going to do a comprehensive analysis of IndianOil Axis Bank Rupay credit card, its key features, benefits, eligibility, charges, and why you might want to have this credit card.

Introduction of the IndianOil Axis Bank RuPay Credit Card

Profile of the IndianOil Axis Bank RuPay Credit Card

Detailed Review of IndianOil Axis Bank RuPay Credit Card

This is a fuel co-branded credit card launched by Axis Bank and Indian Oil.

IndianOil Axis Bank RuPay Credit Card is one of the co-branded credit card presented by Axis Bank in association with IndianOil, the major oil company in India.

Card Description: This is an ideal card for those who do a lot of dining, shopping and fueling on their car on a frequent basis. With its collaboration with IndianOil, Axis Bank allows cardholders to have access to a wide array of benefits, including fuel benefits, rewards points and discounts on fuel purchases at IndianOil outlets and partner merchants.

It’s a RuPay enabled credit card, which is also known the way it is integrated conveniently with the RuPay network, which is universally accepted in India. If anyone is looking for a way to save money on petrol, earn reward points on common shopping or gain other lifestyle benefits, then IndianOil Axis Bank RuPay card is a one stop solution.

Highlights of IndianOil Axis Bank Credit Card

Featured Benefits of the IndianOil Axis Bank RuPay Credit Card

The IndianOil Axis Bank RuPay Credit Card is designed to give unmatched value along with high rewards, every time you swipe. Here are a few of the highlights:

Fuel Benefits

• Fuel Surcharge Waiver: You can now enjoy a waiver of 1% on fuel surcharge, every time your Card is used for fuel transactions, across all petrol pumps in India. This convenience will be applicable on transactions of ₹500 to ₹3,000.

• Fuel Benefits: You will earn 2% cashback on fuel transactions made at Indianoil petrol pump which means frequent refueling makes you easier the holder of this card. This is valuable for the budget in the long run as fuel prices continue to surge.

Reward Points System

• 5 Reward Points on ₹150 Spent on your first transaction on fuel at IndianOil Petrol Pumps.

• 2 Reward Points for every ₹150 spent on all other retail purchases such as online shopping, dining out, and so on.

The reward points are applicable to the small and big spends and can be redeemed across multiple products and services, thereby rewarding you for the way you live your life.

Additional Benefits

• Airport Lounge Access: Visitors can access airport lounges 2 times per annum (for domestic) so they have someplace comfy to sit prior to a flight.

• Add-on cards: Avail up to 3 add-on cards for family members above 18 years of age, so that all can enjoy convenience of SBI credit card.

• EMI Conversion Facility: Life doesn’t get any easier, you make your purchase, divide the cost into easy EMIs and voila!PLIThis card also offers EMI conversion facility to turn you’re your purchases into easy EMIs.

RuPay Network Benefits

The card is operated on RuPay network providing you the ease of transactions across India. RuPay is built to work across all industry segments, and the IndianOil Axis Bank RuPay Credit Card offers you a seamless payment experience!

Welcome Benefits

What offers are available for new card holders? New customers are entitled to a range of exciting welcome offers such as a fuel p[urchase discount at IndianOil outlets and bonus rewards points on activation. This added value is a great for new cardholders as they help the best AK card pay for itself from day one.

Advantages of IndianOil Axis Bank RuPay Credit Card

Features

Now that we have looked at the features of the card, let us now consider the benefits that make it a great addition to your wallet.

Fuel Benefits

Gas for your car is one of most ongoing costs for anyone who drives a lot.

About IndianOil Axis Bank RuPay Credit Card
As the name suggests, the IndianOil Axis Bank RuPay Credit Card primarily focuses on providing fuel-related benefits which is a great advantage for people who wish to save on fuel at IndianOil petrol pumps. Here’s a closer look at how the card offers fuel savings:

• Fuel Surcharge Waiver: 1% on fuel across all petrol pumps between ₹500 to ₹3,000. This can be a significant saving in the long term, especially if you are a frequent driver.

• Fuel Cashback: 2% on fuel purchases at IndianOil outlets. And whether you're driving a car or bike, or relying on a commercial vehicle, this cashback can contribute towards a cheaper fill up.

Reward Points on Everyday Spending

On this card you can get 5 Reward Points for every ₹150 that you spend on fuel from IndianOil pumps and get 2 Reward Points for every ₹150 that you spend on other purchases. The more you swipe the card for on its regular purchases (like shopping, dining, travel, etc.) the more reward points you get. These points can be used for buying various goods/ services from IndianOil and their partners.

Convenient EMIs and Add-on Cards

This card offers features such as EMI Conversion which you can use to convert purchases into easy EMIs. Whether you’ve put a big-ticket item on an online shopping cart or made a significant purchase at a retail store, these purchases can be turned into small monthly repayments.

Plus, you’re able to get add-on cards for your family which means you can all family utilize that card benefits for ltrips around the world as well.

Airport Lounge Access

The IndianOil Axis Bank RuPay Credit Card provides free domestic airport lounge access which will be very useful for frequent flyers. The two visits per year are a great option for a pre-flight rest and making the most out of your travels.

Exclusive Offers

Partner exclusive deals such as dining discounts and shopping vouchers also enhance the cardholders lifestyle by providing more value to fare charged. From savoring meal at a fine dining restaurant to buying products online, the card offers all kind of discounts and offers.

How to Earn and Cash Your Points

The IndianOil Axis Bank RuPay Credit Card has a competitive rewards programme, which makes all your spends work for you. Here’s how to get the most out of your rewards:

Earning Reward Points

• Fuel Spends: Enjoy 5X Rewards Points on fuel spends at IndianOil outlets.

• Other Purchases: 2 Reward Points per ₹150 for all other retail purchases like shopping, dining, travel and more.

• Online Shopping: Online transactions also get 2 Reward Points for every ₹150 spent.

Redeeming Reward Points

• Fuel Redemption – You can redeem your reward points for fuel at IndianOil outlets. All of this can be a way to reduce your fuel consumption in general, and that’s beneficial for commuters, of course.

• Shopping and Vouchers: Points can also be redeemed against vouchers and products at IndianOil or partner merchants. You can spend on lifestyle products or use the points for travel credits or dining coupons.

Fees and Charges

As desirable as the IndianOil Axis Bank RuPay Credit Card features are, it’s equally important to have an overview of its fees and charges. Here is a closer look at the charges that come with the card:

• Joining Fee: ₹500 + GST

• Annual Fee: ₹500 + GST

• Interest Rates: Card interest rates Apply as is on Axis Bank's site, generally around 3.5% to 4% per month.

• Cash Advance Fees: ₹300 for each transaction

• Late Payment Fee: Anything between ₹100 to ₹1000 based on the outstanding amount

Eligibility Criteria

Eligibility for the IndianOil Axis Bank RuPay Credit Card:

• Age: For Apply, the age of the candidate should be between 21 to 60 years.

• Earning: Axis Bank fix minimum Earning Per month. Although the amount can be subjective, typically you should be earning at least a monthly salary of ₹25,000 to ₹30,000 or more as a criterion.

• Credit Score: You’ll want to have a decent credit score (approximately 700) in order to be approved for this card.

Final Thoughts: Is IndianOil Axis Bank RuPay Credit Card the Right Choice for You?

The IndianOil Axis Bank RuPay Credit Card is a card which offers benefits to those who fill their cars, frequently, and to those who wish to earn rewards on daily spend. The card comes with a lot of benefits including fuel surcharge waiver, reward points, EMI options and access to airport lounges which makes it great for regular drivers or anyone who wants to get the most out of their spend.

Whether you want to cut down on your fuel expenses, make the most of your shopping or avail special offers, the IndianOil Axis Bank RuPay Credit Card caters to your needs, while offering value back in return. And, with the card's already low annual fees and flexible reward redemption, the card is an attractive option for those looking for luxury without the luxury price.

So, If you are a frequent buyer at IndianOil, you should check out this card. And, in addition to saving money on gas, you'll also gain access to tons of lifestyle perks and benefits. Be sure to review the terms and conditions, and consider where this card fits in among your spending before you apply.