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Axis Bank

IndianOil Easy Axis Bank Credit Card

IndianOil Easy Axis Bank Credit Card by Axis Bank. Facts on this page are extracted and verified automatically from official issuer documents.

Source-traced to issuer Verified 2026-08-03

Fees & welcome

Joining fee

₹500.

Verified · Key Fact Statement (KFS) – Axis Bank Credit Cards (covers IndianOil Axis Bank Credit Card) · 2026-08-03 · source

Annual / renewal fee

₹500 (waived on spends of ₹3,50,000 in the preceding year).

Verified · Key Fact Statement (KFS) – Axis Bank Credit Cards (covers IndianOil Axis Bank Credit Card) · 2026-08-03 · source

Fee waiver

  • Annual fee waiver on spends of ₹3,50,000 in the preceding year.
  • Rent, Wallet load and other transactions are not eligible for spends counted in availing annual fee waiver.

Verified · Key Fact Statement (KFS) – Axis Bank Credit Cards (covers IndianOil Axis Bank Credit Card) · 2026-08-03 · source

Welcome benefit

Up to 1,250 EDGE Reward points on your first fuel transaction using the IndianOil Axis Bank Credit Card within 30 days of card issuance.

Verified · IndianOil Easy Axis Bank Credit Card product page · 2026-08-03 · source

Earn rates

4% value back on fuel: 20 EDGE Reward points per ₹100 spent at any IOCL fuel outlet in India (settlement amount between ₹400 and ₹4000). 1% value back on online shopping: 5 EDGE Reward points per ₹100 spent (online merchant transactions between ₹100 and ₹5,000).

Verified · IndianOil Easy Axis Bank Credit Card product page · 2026-08-03 · source

Fees & charges

Charge

  • Interest Rate: 49.36% p.a. Cash Withdrawal Fee: 2.5% of cash amount (Min ₹500).
  • Foreign Transaction Fee: 3.5% of transaction amount.
  • Dynamic Currency Conversion markup: 1.5% of transaction amount.
  • Rent Transaction fee: 1% of each rental transaction.
  • Education Transaction Fee: 1% on education payments via third party apps.
  • Wallet Load Transaction Fee: 1% on cumulative spends of ₹10,000 or more per statement cycle.
  • Fuel Transaction Fee: 1% on cumulative spends of ₹50,000 or more per statement cycle.
  • Utility Transaction Fee: 1% on cumulative spends of ₹25,000 or more per statement cycle.
  • Online Skill-Based Gaming Transaction Fee: 1% on cumulative spends of ₹10,000 or more per statement cycle.
  • Over-limit Fees: 2.5% of over-limit amount (Min ₹500).
  • Fees for Cash Payment at Branches: ₹175.
  • Cheque Return/Dishonour/Auto Debit Reversal: 2% of payment amount (min ₹500).
  • Late Payment Fees: Nil below ₹500.
  • ₹500 for ₹501-5000.
  • ₹750 for ₹5001-10,000.
  • ₹1,200 above ₹10,000.
  • Additional ₹100 on missing MAD for two consecutive cycles.
  • Cash Withdrawal Limit: 30% of Credit Limit.
  • All charges exclusive of GST.

Verified · Key Fact Statement (KFS) – Axis Bank Credit Cards (covers IndianOil Axis Bank Credit Card) · 2026-08-03 · source

Interest-free period

Interest-free grace period ranges from 20 to 50 days, depending on the date of transaction.

Verified · Key Fact Statement (KFS) – Axis Bank Credit Cards (covers IndianOil Axis Bank Credit Card) · 2026-08-03 · source

Fuel

Fuel surcharge waiver

  • 1% fuel surcharge waiver on fuel transactions at IOCL outlets in India, settlement amount between ₹400 and ₹4000.
  • Maximum waiver of ₹50 per statement cycle.

Verified · IndianOil Easy Axis Bank Credit Card product page · 2026-08-03 · source

Rewards

Redemption value

  • The Bank reserves the right to forfeit unredeemed EDGE Reward Points / EDGE Miles post 30 days of credit card closure, or if the minimum amount due is outstanding for more than 90 days (effective 1st October 2025).
  • Cardholders are encouraged to redeem within 30 days of closure.

Verified · Terms & Conditions – IndianOil Axis Bank Credit Card (axis.bank.in) · 2026-08-03 · source

Reward cap

Maximum eligible spends per calendar month: ₹5,000 on fuel (4% value back) and ₹5,000 on online shopping (1% value back).

Verified · IndianOil Easy Axis Bank Credit Card product page · 2026-08-03 · source

Reward exclusion

Utility & TelecomEducationRentWallet loadGovernment servicesInsuranceGold & JewelleryFinancial InstitutionsCash advancesRepayments

Verified · Terms & Conditions – IndianOil Axis Bank Credit Card (axis.bank.in) · 2026-08-03 · source

Travel & lifestyle

Dining benefit

10% off every time you book movie tickets through BookMyShow, maximum discount of ₹100 per month (offer valid till 31st March 2025).

Verified · IndianOil Easy Axis Bank Credit Card product page · 2026-08-03 · source

Official terms

Official terms

https://www.axis.bank.in/cards/credit-card/indianoil-axis-bank-credit-card.

Verified · IndianOil Easy Axis Bank Credit Card product page · 2026-08-03 · source

Official sources

Official issuer pageKey Fact Statement (KFS) – Axis Bank Credit Cards (covers IndianOil Axis Bank Credit Card)Terms & Conditions – IndianOil Axis Bank Credit Card (axis.bank.in)

Verified 2026-08-03 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.

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