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.