Axis Indian Oil Credit Card
Axis Bank
Last updated: Feb 03, 2026
₹500
₹500
Free
No lounge access
Contents
Axis Indian Oil Credit Card is designed for fuel lovers offering up to 4% value back on IOCL fuel transactions and attractive rewards on online spends. It provides a fuel surcharge waiver, cashback on fuel, and discounts on dining and movies, ideal for everyday spending.
Rewards Structure of Axis Indian Oil Credit Card
Fuel
acceleratedIOCL fuel stations, transactions ₹400-₹4,000
Up to 4% value back on fuel spends
Grocery and Supermarket
acceleratedUp to ₹5,000 per statement month
1.3% value back on grocery spends
Online Shopping
acceleratedTransactions between ₹100 and ₹5,000
Earn reward points on online spends
All Other Spends
baseMinimum transaction ₹200
Standard earn rate
Milestones of Axis Indian Oil Credit Card
Annual Spend Milestone
₹50,000 : Annual fee waiver
Fees & Charges of Axis Indian Oil Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹500 |
| Annual Fee | ₹500 |
| Forex Markup Fee | 0 |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹750 |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 2% |
Renewal Conditions:Waived on ₹50,000 annual spend
Fee Explanation Standard bank rates apply for overdue amounts.
Detailed Explanation of Axis Indian Oil Credit Card Fees
Annual Fee: ₹500 + GST (yearly)
Waived on ₹50,000 annual spend
Cash Advance Fee: 2.5% (transaction)
Minimum ₹300
Additional Features of Axis Indian Oil Credit Card
Contactless Payments
Tap and pay enabled
Add-on Cards
Free add-on cards available
Up to 3 add-on cards
Welcome Bonus with Axis Indian Oil Credit Card
Welcome Bonus: 100% cashback up to ₹250 on fuel transactions
Bonus Conditions: Valid on fuel transactions within 30 days of card issuance
Application Process for Axis Indian Oil Credit Card
Processing Time
5-7 business days
Online Application
Available
Instant Approval
Available
Step-by-Step Process
Apply online via Axis Bank official portal
Upload KYC documents
Receive verification call
Card dispatched within 7 business days
Required Documents for Axis Indian Oil Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Axis Indian Oil Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide acceptance across India
International Acceptance
Accepted at RuPay international merchants
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Axis Indian Oil Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹25,000
Minimum annual income
Self-Employed Applicants
₹35,000
Minimum annual income
Who Can Apply
Important Conditions
- Customer must have valid PAN and Aadhaar card.
How Approval Is Decided
- Minimum income ₹25,000/month for salaried
- Credit score above 700
- Indian resident
Pros of Axis Indian Oil Credit Card
- High cashback and reward points on fuel
- Fuel surcharge waiver with no upper cap
- Discounts on restaurants and movies
Cons of Axis Indian Oil Credit Card
- Limited lounge access
- Capping on some reward categories
Frequently Asked Questions about Axis Indian Oil Credit Card
Is there a joining fee for the Axis Indian Oil Credit Card?
Yes, the joining fee is ₹500 plus GST.
What is the annual fee waiver condition?
The annual fee is waived on an annual spend of ₹50,000 or more.
What is the welcome bonus for new customers?
100% cashback up to ₹250 on all fuel transactions within the first 30 days.
Does this card offer fuel surcharge waiver?
Yes, there is a 1% fuel surcharge waiver on all transactions between ₹400 and ₹4,000.
What documents are required to apply?
PAN card, Aadhaar card, income proof, and address proof are required.
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