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Axis Bank

IndianOil Easy Axis Bank Credit Card

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Open to new applications · Earns points

First-year fee

₹500 to join.

Annual fee

₹500 a year.

Read from 10 Axis Bank documents, last checked 19 Oct 2026.

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How it compares

Compared with the cards we have read

₹500 annual fee: of the 273 other open cards whose annual fee we have read, 126 state a lower one, 28 state the same and 119 state a higher one.

3.5% forex markup: of the 291 other open cards whose forex markup we have read, 103 state a lower one and 188 state the same.

Fees

  • Renewal fee

    ₹500 a year.

  • Joining fee

    ₹500 to join.

  • Fee waiver rule

    Spend more than ₹3,50,000 in a card anniversary year and you will be eligible for annual fee waiver

  • Add-on card fee

    ₹0Nil

Welcome offer

  • Welcome benefit

    Get upto 1250 EDGE REWARD Points on first fuel transactions with your IndianOil Axis Bank Credit Card within first 30 days of card issuance

Rewards

  • Fuel earning

    4% value back on fuel transactions by earning 20 reward points per ₹100 spent at any IOCL fuel outlet in India; maximum eligible spends per calendar month: ₹5000

  • Online earning

    1% value back on online shopping by earning 5 reward points per ₹100 spent.

  • Reward exclusions

    Spends on Insurance, Gold/Jewellery, Wallet, Rent, Utilities, Government Institutions, Education will not be eligible for earning EDGE REWARDS.

  • Reward caps

    Transact at online merchants between ₹100 and ₹5,000 to avail the offer; maximum eligible spends per calendar month: ₹5,000

  • Catalogue redemption

    For options to redeem your points, check the EDGE loyalty rewards catalogue.

Card benefits

  • Movie or entertainment ticket benefit

    Get instant discount upto 10% on your movie ticket booked via Bookmyshow app or website; You need to apply necessary offer from the offers section of Bookmyshow website or app

Also included

  • Fuel surcharge waiver

    Free yourself from paying fuel surcharge waiver of 1%.

  • Add-on card eligibility

    Add-on cardholder should be over 15 years.

Charges

  • Forex markup

    3.5% on foreign currency transactions.

  • Dynamic currency conversion markup

    3.5% + GST3.5% plus taxes on each international transaction performed in Indian currency at international location or with merchants registered in a foreign nation

  • Cash advance fee

    2.5% (Min. ₹500) of the cash amount.

  • Interest on unpaid balance

    3.4% per month (49.36% per annum)

  • Interest-free period

    20 to 50 days interest-free when you pay in full.

  • Late payment fee

    Nil if total payment due is up to ₹500; ₹500 if total payment due is between ₹501 and ₹5,000; ₹750 if total payment due is between ₹5,001 and ₹10,000; ₹1,200 if total payment due is between ₹10,001 and ₹50,000; ₹1,300 if total payment due is greater than ₹50,000

  • Over-limit fee

    Over limit-fee of 2.5% of the over-limit amount (subject to a minimum of ₹500)

  • Payment return or dishonour fee

    2% of the payment amount subject to Min. ₹500

  • Statement or duplicate statement fee

    Duplicate Statement Fee Waived

  • Card replacement fee

    Replacement fee: Waived

  • Cash payment / cash deposit fee

    ₹175 per payment transaction for cash payment at branches (daily limit for cash payment is ₹50,000)

  • Cheque payment / dishonour fee

    Outstation cheque fee: Waived

  • Education / school fee charge

    1% will be applicable on education payments made via third-party apps.

  • Fee on online skill-based gaming spends

    Cumulative spends exceeding ₹10,000 on online skill-based gaming platforms within a statement period will attract a 1% transaction fee

  • Reward redemption fee

    ₹99 per transaction on the EDGE REWARDS platform.

  • Wallet load charge

    Cumulative spends exceeding ₹10,000 on wallet loads within a statement period will attract a 1% transaction fee

  • What the card's fee or benefit year means

    Anniversary Year is the period of 12 months from the date of issuance of the card and every 12-month period thereafter

  • Fuel transaction fee

    Cumulative spends exceeding ₹50,000 on fuel within a statement period will attract a 1% transaction fee

  • Rent transaction fee

    1% plus taxes will be applicable on each rental transaction done on Axis Bank Credit Cards

  • Utility transaction fee

    Cumulative spends exceeding ₹25,000 on utilities within a statement period will attract a 1% transaction fee

  • GST note

    GST, as notified by the Government of India, is applicable on all fees, interest and other charges, and is subject to change as per relevant regulations of the Government of India

  • Minimum amount due

    Sum of all instalments, all Fees, interest / finance charges, taxes, the amount utilized over the credit limit (if any) and 2% of remaining balance outstanding, subject to a minimum of ₹100

Eligibility

  • Age the primary cardholder must be

    18-70 years of age

  • Documents required

    PAN Card photocopy or Form 60; Proof of income: Latest payslip / Form 16 / IT return copy as income proof; Residence proof: Driving License / Electricity Bill / Landline Telephone Bill; The above list is only indicative. Documents required may vary on a case to case basis

  • Residency

    The individual should either be a Resident of India or a Non-Resident Indian.

In the terms, not the brochure (2)

  • Whether carrying a balance ends the interest-free period

    The Free Credit Period is lost if the Total Amount Due of the previous month is not paid by the Payment Due Date.

  • Spends that do not count toward the fee waiver

    All EMI transactions, cash withdrawals, fees, charges & GST, Insurance spends, temporary credit and reversal of temporary credit for a disputed transaction will not be considered for waiver; Rent transactions and wallet load transactions will not be considered for waiver

How we know - 10 documents from Axis Bank, checked 19 Oct 2026

10 documents from Axis Bank, checked 19 Oct 2026.

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₹500 a year

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