IndianOil Axis Bank Credit Card

by Axis Bank · Updated October 2026

Fuel card with about 4% back at IndianOil pumps, on RuPay so it also works on UPI.

Best for IndianOil fuel on RuPay · 4% at IndianOil

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You'll apply on the official Axis Bank page. We never ask for your details.

Joining fee₹500

Annual fee₹500

Fee waiver₹2,00,000 spend

Lounge accessNone

UPIYes (RuPay)

Key benefits

About 4% back as points on IndianOil fuel (monthly cap)

1 point per ₹100 on other spends

10% off movie tickets on BookMyShow

Welcome cashback on fuel in the first 30 days

Rewards by spend category

Approximate value back on every ₹100 you spend.

Fuel4%

Online shopping0.2%

Groceries0.2%

Food delivery & dining0.2%

UPI scan & pay0.2%

Bills & recharges0.2%

Travel & flights0.2%

Everything else0.2%

Pros

Good fuel savings at IndianOil
RuPay, so works on UPI
Low fee

Cons

Fuel rewards capped each month
Low rewards elsewhere
3.5% forex markup

Is the IndianOil Axis Bank Credit Card worth it?

The IndianOil Axis Bank Credit Card is worth it if you spend a lot on fuel (4%) and online shopping (0.2%). The ₹500 annual fee is waived when you spend ₹2,00,000 a year (about ₹16,667 a month), so it's worth it if you'll hit that. It's less suitable if fuel rewards capped each month.

Featured in: Best Credit Cards for UPI Payments (RuPay) · Best Fuel Credit Cards in India

Eligibility & documents

Age

21–60 years (salaried), up to 65 (self-employed)

Income

Regular income; the bank sets the minimum

Credit score

750+ gives the best approval chances

Documents

PAN, Aadhaar, and recent salary slips or ITR

How to apply

Tap "Apply now"You'll be taken to the official Axis Bank application page.
Fill in your detailsPAN, income and address. Most applications take under 10 minutes.
Complete KYCVideo KYC or Aadhaar e-KYC, depending on the issuer.
Get your cardApproval usually takes 2–7 working days, and some cards are issued instantly.

Apply now

FAQs about IndianOil Axis Bank Credit Card

What is the annual fee of the IndianOil Axis Bank Credit Card?

The joining fee is ₹500 and the annual fee is ₹500 (plus GST). The annual fee is waived if you spend ₹2,00,000 or more in a year.

Can I use the IndianOil Axis Bank Credit Card on UPI?

Yes. The IndianOil Axis Bank Credit Card is available on RuPay, so you can link it to UPI apps like GPay, PhonePe and Paytm and pay at any merchant QR code.

Does the IndianOil Axis Bank Credit Card give airport lounge access?

No, the IndianOil Axis Bank Credit Card doesn't include complimentary lounge access.

Who should get the IndianOil Axis Bank Credit Card?

It's best for indianoil fuel on rupay. Fuel card with about 4% back at IndianOil pumps, on RuPay so it also works on UPI.