Research coverage — 15/16 categories
Axis
Axis IndianOil
Best forFuel & Groceries
Earns20 EDGE/₹100 on fuel — only at IndianOil outlets
1st Year / Joining Fee
₹500 + taxes
Renewal Fee
Not recorded
Fee waiver
₹3,50,000
annual spend
Network
Not recorded
Axis
Axis IndianOil
Why this card may suit you
Based on the card's verified terms.
- Best suited to spending on fuel and groceries, where it earns 20 EDGE/₹100 (only at IndianOil outlets)
- Annual fee is waived at ₹3,50,000 yearly spend
How you earn
Reward rates at a glance — exactly as recorded for this card.
FuelOnly at IndianOil outlets20 EDGE/₹100
Groceries1 EDGE/₹100
Dining1 EDGE/₹100
Food Delivery1 EDGE/₹100
Shopping1 EDGE/₹100
All 16 reward categories · 15 of 16 categories verified
| Category | Rate | Cap | Condition |
|---|---|---|---|
| Rent | Not eligible | — | Rent earns no EDGE REWARD Points and does not count towards the annual-fee waiver (T&C excluded categoriesDetails
|
| Education | Not eligible | — | Education earns no EDGE REWARD Points (T&C excluded categoriesDetails
|
| Insurance | Not eligible | — | Insurance earns no EDGE REWARD Points (T&C excluded categoriesDetails
|
| Utilities | Not eligible | — | Utility & Telecom spends earn no EDGE REWARD Points (T&C excluded categoriesDetails
|
| Fuel | 20 EDGE/₹100 | 1,000 RP per month | Only at IndianOil outletsDetails
|
| Groceries | 1 EDGE/₹100 | — | 1 EDGE REWARD Point per ₹100 (0.2%) on eligible retailDetails
|
| Dining | 1 EDGE/₹100 | — | 1 EDGE REWARD Point per ₹100 (0.2%) on eligible retailDetails
|
| Food Delivery | 1 EDGE/₹100 | — | 1 EDGE REWARD Point per ₹100 (0.2%) on eligible retailDetails
|
| Shopping | 1 EDGE/₹100 | — | 1 EDGE REWARD Point per ₹100 (0.2%) on eligible retailDetails
|
| Travel | 1 EDGE/₹100 | — | 1 EDGE REWARD Point per ₹100 (0.2%) on eligible retailDetails
|
| Government | Not eligible | — | Government services earn no EDGE REWARD Points (T&C excluded categories)Details
|
| Wallet | Not eligible | — | Wallet load earns no EDGE REWARD Points and does not count towards the annual-fee waiver (T&C excluded categories)Details
|
| Railways | — | — | Research pendingDetails
|
| FASTag | Not eligible | — | Bridge, toll and road fees earn no EDGE REWARD Points (T&C excluded MCCs "Transportation & Tolls", "Bridge, Toll and Road fees"Details
|
| Jewellery | Not eligible | — | Gold & Jewellery earns no EDGE REWARD Points (T&C excluded categoriesDetails
|
| Telecom | Not eligible | — | Utility & Telecom spends earn no EDGE REWARD Points (T&C excluded categoriesDetails
|
“—” means not established. “Research pending” is not zero: it means DhanChakshu has not finished verifying that category, so it is not counted.
Cost & caps
What it costs to hold, and where rewards stop.
1st Year / Joining Fee
₹500 + taxes
Renewal Fee
Not recorded
Fee waiver
₹3,50,000
annual spend
Reward caps
- Fuel — 1,000 RP / month (per category — Fuel)
- Utilities — ₹500 / month (shared cap — Utilities)
- Online spends (5 points per ₹100) — 250 RP / month (shared cap — Online spends (5 points per ₹100))
Key benefits
Rewards
20 EDGE/₹100 on fuel (only at IndianOil outlets)
Fee waiver
Annual fee waived on ₹3,50,000 annual spend
Important to know
Limits and exclusions that change what you earn.
- Fuel reward (20 EDGE/₹100) applies only at IndianOil outlets — not to all fuel spends
- Fuel rewards are capped at 1,000 RP / month (per category — Fuel)
- Utilities rewards are capped at ₹500 / month (shared cap — Utilities)
- Not eligible: Rent, Education, Insurance, Utilities +5 more
- Research pending: Railways — not counted
Who should consider this card
✓ Good fit if
- Your spending is concentrated in fuel, groceries, dining
- You regularly spend only at IndianOil outlets
- You can reach the ₹3,50,000 annual spend that waives the fee
△ Less useful if
- Much of your spending is in rent, education, insurance, which earn nothing
- Your spending is not only at IndianOil outlets
- You cannot reach the fee-waiver spend and would pay the annual fee
Full details
Everything else, expanded on demand.
Caps & exclusions · 3 caps · 9 no-reward categories
Caps
- Fuel — 1,000 RP / month (per category — Fuel)
- Utilities — ₹500 / month (shared cap — Utilities)
- Online spends (5 points per ₹100) — 250 RP / month (shared cap — Online spends (5 points per ₹100))
Categories with no reward or not eligible
- Rent — Not eligible. Rent earns no EDGE REWARD Points and does not count towards the annual-fee waiver (T&C excluded categories.
- Education — Not eligible. Education earns no EDGE REWARD Points (T&C excluded categories.
- Insurance — Not eligible. Insurance earns no EDGE REWARD Points (T&C excluded categories.
- Utilities — Not eligible. Utility & Telecom spends earn no EDGE REWARD Points (T&C excluded categories.
- Government — Not eligible. Government services earn no EDGE REWARD Points (T&C excluded categories).
- Wallet — Not eligible. Wallet load earns no EDGE REWARD Points and does not count towards the annual-fee waiver (T&C excluded categories).
- FASTag — Not eligible. Bridge, toll and road fees earn no EDGE REWARD Points (T&C excluded MCCs "Transportation & Tolls", "Bridge, Toll and Road fees".
- Jewellery — Not eligible. Gold & Jewellery earns no EDGE REWARD Points (T&C excluded categories.
- Telecom — Not eligible. Utility & Telecom spends earn no EDGE REWARD Points (T&C excluded categories.
Milestones · none recorded
No milestone benefit is recorded for this card.
Eligibility
Subject to Axis's underwriting and eligibility criteria. See the issuer's terms for current requirements.
Specifications
- Payment network: Not recorded
- Airport lounge: Not recorded by DhanChakshu — check the issuer terms
- Fuel surcharge waiver: Not recorded by DhanChakshu — check the issuer terms
- Foreign-currency markup: Not recorded by DhanChakshu — check the issuer terms
What DhanChakshu couldn't fully verify · 5 areas
5 areas need further verification. None of these are counted as zero.
- • Railways — research pending
- • Lounge benefit — not recorded; check the issuer terms
- • Fuel surcharge waiver — not recorded; check the issuer terms
- • Foreign-currency markup — not recorded; check the issuer terms
- • Payment network — not recorded
Sources & verification
Verification & sources · last checked 2026-10-13
Verification coverage: 15 of 16 categories verified · 1 still being verified
Card record last checked: 2026-10-13
Documents used
INDIAN OIL AXIS BANK CREDIT CARD Terms and Conditions · AXIS-14-IOCL-TNC-2026 · 2026-10-13
IOCL fuel/grocery/utility valueback and caps · AXIS-PASS3-14