IndianOil Axis Bank RuPay vs IndianOil RBL Bank Credit Card: Which One Should You Pick for Fuel Savings?

1. IndianOil Axis Bank RuPay Credit Card

  • Joining/Renewal Fee: ₹500 + GST
  • Reward Rate:
    • 20 Reward Points (RP) for every ₹100 spent on fuel transactions at IndianOil stations.
    • 5 RP for every ₹100 spent on online shopping.
    • 1 RP for every ₹100 spent on offline shopping.
  • Welcome Benefits: 100% cashback (up to ₹250) on the first fuel transaction made within 30 days.
  • Additional Benefits:
    • 10% discount on movie ticket bookings on BookMyShow.
    • Up to 15% off on dining at select restaurants via the Dining Delights Program.
  • Reward Redemption: Reward Points can be redeemed for shopping, travel vouchers, and products on the Axis Bank EDGE Rewards Portal.

2. IndianOil RBL Bank Credit Card

  • Joining/Renewal Fee: ₹500 + GST
  • Reward Rate:
    • 10 Fuel Points (FP) for every ₹100 spent at IndianOil stations.
    • 1 FP for every ₹100 spent on other eligible spends.
  • Welcome Benefits: 1,000 Fuel Points upon spending ₹500 within the first 30 days.
  • Annual Fee Waiver: Waive off the ₹500 annual fee by spending ₹1.75 lakh annually.
  • Reward Redemption: Fuel Points can be redeemed directly at IndianOil stations (1 FP = ₹0.50).

3. Comparing Key Features:

Feature IndianOil Axis Bank RuPay IndianOil RBL Bank Credit Card
Joining/Renewal Fee ₹500 + GST ₹500 + GST
Fuel Rewards 20 RP for every ₹100 spent on fuel at IOCL 10 FP for every ₹100 spent at IndianOil
Other Rewards 5 RP for online, 1 RP for offline spends 1 FP for every ₹100 spent on other spends
Welcome Benefit 100% cashback up to ₹250 on first fuel txn 1,000 FP on spending ₹500 in the first 30 days
Additional Perks 10% off on movies, up to 15% on dining None
Reward Redemption Redeem for shopping/travel vouchers/products Redeem FP for fuel at IndianOil stations

4. Which Card Should You Choose?

  • IndianOil Axis Bank RuPay: Best suited for those who want additional rewards beyond fuel, including online shopping, movies, and dining.
  • IndianOil RBL Bank Credit Card: Ideal for those focused purely on fuel savings, with an easy redemption process at IndianOil stations.