Highlights
- Enjoy Cashback and Discounts on the Fuel Transactions using Axis Bank Indian Oil Credit Card.
- Earn exciting discounts on the movie tickets booked through BookMyShow.
- Earn Reward Points on Online Shopping and discounts on Dining Delights.
In the collaboration with the Indian Oil, Axis Bank has introduced a credit card with a lot of offers. Now you can make cashless payments on the Indian Oil Outlets and earn exciting rewards and cashback. The Axis Bank Indian Oil Credit Card also includes benefits on shopping and bookings of movie tickets. Enjoy dining discounts as well on Dining Delight Schemes of the Axis Banks. Let’s explore more features and benefits of this card.
Features of Indian Oil Axis Bank Credit Card
- A maximum of 10% off on movie tickets when you book via BookMyShow
- 1 Edge Reward Points per INR 100 spend
- 100% back, subject to up to INR 250 on fuel transaction (transaction made within 30 days of the card issuance)
- Earn 20 Edge Reward Points per INR 100 at IOCL fuel stations (transaction should be between INR 100 and 5,000.
- Earn 5 Edge Reward Points per INR 100 on all the online transactions.
- Spend INR 50,000 in a year and waive off the annual renewal fee.
- Get a discount of 1% on the fuel surcharge.
- Earn 1 Edge Reward Point on the expenditure of ₹100 through this credit card.
- Enjoy a Discount of up to 15% on the Dining Delights Restaurants partnered with the Axis Bank.
Benefits
- Enjoy a cashback of up to INR 250 on fuel transactions.
Axis Bank Indian Oil Credit Card Fees and Eligibility
Fee and Charges of the Credit Card
| Particulars | Details |
|---|---|
| Joining Fee | ₹500 + GST & NIL for select channels |
| Annual Renewal Fee | From 2nd year ₹500 + GST & NIL for select channels |
| Cash Payment Charge | ₹100 |
| Finance Charges | 3.6% Per Month or 52.86% Per annum |
| Cash Withdrawal Charges | 2.5% of the amount, subject to a minimum of ₹500 |
| Overlimit Transaction Fees | 2.5% of the amount subject to a minimum of ₹500 |
| Cheque Dishonour Fees | 2% of the amount subject to a minimum of ₹450 |
| Foreign Currency Transaction Charges | 3.5% of the transaction |
Late Payment Charges
- No Charges are implemented when the outstanding amount is less than ₹100.
- ₹500 when the Outstanding amount is between ₹501-₹5000.
- For amounts ranging between ₹5001 to ₹10,000 an amount of INR 750 would be charged.
- If the amount is greater than ₹10,000 then ₹1200 is need to be paid.
Eligibility Norms
- The Minimum age must be 18 years.
- The maximum age of the individual must be 70 years.
- Add-on Cardholders must have a minimum age of 15 years.
- This credit card is for both resident and non-resident Indians.
Documents Required for the Axis Bank Indian Oil Credit Card
- PAN Card of the Individual or Form 60.
- Coloured Photograph of the Individual.
- Income Proof- Salary Slip/ ITR/ Form 16.
- Residential Proof- Passport, Ration Card, Electricity Bill, Landline Bill. (Any One)
- Identity Proof- Driving License, Passport, PAN Card, Aadhar Card. (Any One)
Indian Oil Axis Bank Credit Card is available in all the cities across India except Bangalore, Chennai, Delhi, Gurgaon, Mumbai, Pune, Hyderabad, and Secunderabad. You can use this credit card across 27000 Indian Oil Outlets present across the nation.
Payment Options for Axis Bank Indian Oil Credit Card
There are a lot of options for making Axis Bank Credit Card Online and Offline Payments. You can choose any method depending upon your feasibility.
- Axis Bank Net Banking makes credit cards payments easy
- Also there is Axis Mobile Application for card payments
- So, clear outstanding bills via online methods or cash payments
- You can also clear the pending dues via cheques
- There are also payment available through Billdesk and other UPI-enabled apps
- Also, implement the auto-debit dacility from the Axis Bank if you are comfortable with the same.