IndianOil Axis Bank Credit Card
20 EDGE points per complete ₹100 on a qualifying IndianOil fuel purchase.
Try your spend →How this estimate works
Axis Bank lists 20 EDGE points per ₹100 of eligible fuel at IndianOil outlets, equivalent to an indicative 4% catalogue value if points can be redeemed at ₹0.20 each. Its annual benefits chart implies that point value: ₹60,000 annual IndianOil spend corresponds to ₹2,400 of rewards. This calculator counts only one direct IndianOil pump purchase per month, with original amount ₹400–₹3,900. The actual settlement must be ₹400–₹4,000 including fuel surcharge and GST, so even a purchase in our range may miss the threshold if charges push it over; verify the settled transaction. The issuer caps eligible fuel spend at ₹5,000/calendar month, not binding for one purchase under ₹3,900. One ₹99 plus estimated GST redemption charge is deducted from annual projected value; actual catalogue choice, minimum and any other taxes can vary. This is not cash. We deduct ₹500 plus estimated GST annual card fee; conditional ₹3.5 lakh renewal waiver, welcome points and fuel surcharge waiver are not counted. Other online and ordinary spending rewards are left unscored in this model.
Issuer terms
IndianOil Axis product, fuel reward and fee · IndianOil Axis reward exclusion update · Axis current reward redemption tariff
Terms checked 29 September 2026. One qualifying order per month assumed; check the coupon and final card offer.