Key Benefits
More about the Indian Oil Axis Bank Premium Credit Card
Is the Indian Oil Axis Bank Premium Credit Card worth it in 2026?
Yes, the card offers strong rewards with 6 EDGE Miles on every Rs.150 spent at IOCL and 2 EDGE Miles on grocery spends above Rs.5000 per month. The Rs.1000 annual fee is waived on spending Rs.1 lakh annually, making it cost-effective for regular users.
Who should get the Indian Oil Axis Bank Premium Credit Card?
This card is ideal for frequent IOCL fuel buyers and shoppers who spend heavily on groceries and supermarkets. Users spending over Rs.5000 monthly on groceries and Rs.15000 on fuel can maximize their EDGE Miles earnings.
How to maximise rewards on the Indian Oil Axis Bank Premium Credit Card?
To maximize rewards, spend above Rs.15000 monthly at IOCL to earn 6 EDGE Miles per Rs.150 and over Rs.5000 on groceries to earn 2 EDGE Miles per Rs.150. Also, ensure annual spending exceeds Rs.1 lakh to waive the Rs.1000 annual fee.
Is the Indian Oil Axis Bank Premium Credit Card better than a top competing premium card?
It stands out for fuel and grocery rewards with up to 6 EDGE Miles per Rs.150 at IOCL, which may surpass many competitors. However, benefits like only 2 complimentary lounge accesses per quarter and a modest fee structure should be compared based on individual needs.