AI Insights: Quick Facts
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ValueHigh
VerdictTop Tier
VerifiedYes
Rating4.8/5
124 verified reviews
Executive Summary: The IndianOil Axis Bank Credit Card by Axis Bank is a Fuel offering featuring 4% cashback. Key benefits include 4% value back on IOCL fuel, 1% fuel surcharge waiver. Most suitable for users seeking Best for entry-level cardholders and...
Axis Bank
IndianOil Axis Bank Credit Card
Data Verified
Last checked: 22 May 2026Best for entry-level cardholders and bike commuters refueling at IOCL.
Entry-level co-branded fuel card offering 4% value back on IndianOil fuel stations, plus accelerated rewards on online shopping.
FuelOnlineCashback
Annual Fee
₹500
Annual fee waived on spending ₹50,000 in previous year
Cashback
4%
Headline Rate
Forex Markup
3.5%
Standard Rate
Value Calculator
AI Powered
₹25,000
MinMax
Calculations are indicative based on the product's headline rates. Actual benefits may vary based on spend categories and credit profile.
Annual Savings
₹12,000
Based on your 4% cashback rate.
Expert Verdict
"Axis IOCL is a reliable budget fuel card. The ₹50,000 annual spend required for fee waiver is extremely low and easy to hit. Verdict: Perfect starter fuel card."
Key Privileges
Welcome Benefit100% cashback up to ₹250 on first fuel transaction within 30 days
Fee WaiverAnnual fee waived on spending ₹50,000 in previous year
Interest Rate (APR)42%
Min. Income₹3 lakh per annum
Start Application
Applying takes less than 5 minutes. You will need your PAN card and Aadhaar details handy.
Simplified Digital KYC
Instant Approval Check
Zero Physical Documentations
By clicking apply, you will be redirected to the official bank portal. CreditBro may earn a commission on successful approvals.
Eligibility Summary
- Min. Credit Score700
- Min. Income₹3 lakh per annum
- EmploymentSalaried/Self