The IndianOil Axis has a ₹500 annual fee (waived on ₹3.5 lakh annual spend), earns 1 reward points For Every ₹100 and charges a 3.5% forex markup.
| Annual fee | ₹500 |
|---|---|
| Joining fee | ₹500 |
| Annual fee waived | On ₹3.5 lakh annual spend |
| Base rewards | 1 reward points For Every ₹100 |
| Forex markup | 3.5% |
From issuer benefit data, checked 22 Oct 2026. Base rewards is the general earn rate; category and partner rates are under Key Benefits.
Key Benefits
Live offers on this card
81 online offers across 46 brands right now, each valid for at least another 7 days. Checked 22 Oct.
- Yatra: Upto Rs.7000 off · till 30 Nov
- AJIO: Flat Rs.150 off · till 31 Jul 2027
- Croma: Upto 20% Add Cashback · till 31 Oct
- MakeMyTrip: Upto 20% off + Extra 5% discount · till 31 Oct
- EaseMyTrip: Flat 15% off · till 31 Oct
These are Axis Bank's own offers and RuPay network offers, so they apply to every Axis Bank RuPay card, not just this one. All Axis Bank offers by category.
More about the Indianoil Axis Bank Credit Card
Is the Indianoil Axis Bank Credit Card worth it in 2026?
The Indianoil Axis Bank Credit Card offers 1 Rewards Point for every Rs.100 spent, with accelerated points at IOCL fuel outlets and online shopping. The Rs.500 joining fee and annual fee from the second year can be waived by spending Rs.3.5 lakhs annually, making it valuable for frequent fuel and online shoppers.
Who should get the Indianoil Axis Bank Credit Card?
This card is ideal for individuals who regularly purchase fuel at IOCL outlets and shop online. Users who can spend at least Rs.3.5 lakhs annually will benefit from the annual fee waiver and accelerated rewards, maximizing their returns.
How to maximise rewards on the Indianoil Axis Bank Credit Card?
To maximize rewards, focus spending on IOCL fuel outlets and online shopping to earn accelerated points. Additionally, aim to spend Rs.3.5 lakhs annually to waive the Rs.500 annual fee from the second year onwards.
What purchases give the best value on the Indianoil Axis Bank Credit Card?
Purchases at IOCL fuel outlets and online shopping platforms offer the best value with accelerated reward points. Regular spending in these categories helps you earn more points and offset the card fees.