IndianOil Easy Axis Bank Credit Card
FD-backed: 20 points/full ₹100 eligible IndianOil fuel; conservative ₹500+GST fee despite issuer nil-fee offer.
Try your spend →How this estimate works
This is the FD-backed IndianOil Easy secured card, not an extra fee-free name for the unsecured card. Axis's own current card list and comparison explicitly name Easy with 4% fuel value back; its comparison data states 20 EDGE REWARD Points per ₹100. The issuer FD-page link for IndianOil Easy leads to the ordinary IndianOil benefit page. Shared fuel caps and settlement conditions are therefore implied by that issuer link, not stated in an Easy-specific PDF. The linked ordinary IndianOil terms give 20 points per complete ₹100 eligible IndianOil fuel spend, at most 1,000 fuel points/calendar month on ₹5,000 eligible spends; fuel beyond that cap earns none. Partial ₹100 blocks do not earn. The product page requires settlement between ₹400 and ₹4,000 including fuel surcharge and GST. This cautious model prices one direct IndianOil pump purchase of ₹400 to ₹3,900 before surcharges, repeated monthly. Other amounts, online payments and generic fuel are unscored because exact settlement or merchant eligibility is not established. The named Easy issuer list/comparison states 4% value back for 20 points/₹100, implying ₹0.20 per point. This is indicative eligible catalogue value, not guaranteed cash or statement credit. One annual ₹99+estimated 18% GST redemption fee is conservatively deducted; selected reward availability, minimum and expiry are unverified. Fee conflict: Axis's own card list and comparison currently show NIL joining and annual fee for Easy, while its current schedule lists ₹500* joining and annual fee for INDIAN OIL EASY. The schedule footnote allows lifetime-free or a different fee as specified on the application. This model deducts the conservative standard ₹500+GST annual membership cost, not the nil-fee offer; actual account fee may be zero. Neither fee is presented as universal. A new-card joining fee is not added a second time to the first-year annual membership estimate. Check the final application fee profile before applying. A fixed deposit is required and remains collateral; FD principal, interest, opportunity cost and breaking the FD are not counted as card rewards. Welcome points, other shopping rewards, milestones, fee waiver, fuel-surcharge waiver, dining and movie offers are omitted. No rewards are stacked with another offer. Only the named direct-pump route is priced.
Issuer sources
Easy identity and shared benefits link · Standard fee schedule · Easy named fuel value and nil-fee listing · Shared fuel earn and caps · Shared settlement limits
Terms checked 30 September 2026. One eligible direct-pump purchase per month. Actual fee profile and reward redemption conditions may differ.