SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for fuel, indianoil, and secured card.
Why it can work
It combines accelerated rewards on fuel spends at indianoil outlets and no annual fee.
Where value may drop
Rent, utilities, and insurance don't earn rewards. Monthly reward caps apply on the top categories. The 3.5% forex markup is high for overseas use.
Quick facts
The key fields before the full details.
Reward calculator
Enter your monthly spend to estimate how many edge reward points you earn and what they are worth.
What your points are worth
Same points, very different value depending on how you redeem.
How you earn it
| Category | Monthly spend | Edge Reward Points/yr |
|---|---|---|
| Online shopping | Rs 15,000 | 9,000 |
| Fuel | Rs 3,000 | 7,200 |
| Other spends | Rs 8,000 | 960 |
Estimates only. Reward rates, caps, and redemption values follow each bank's current terms and can change.
Best for / avoid if
Who this card suits — and who should skip it.
Best for Fuel Spends At IndianOil Outlets
20 EDGE REWARD Points / Rs 100 spent at IndianOil outlets
Best as a no-fee everyday card
Lifetime-free, so there's no annual fee to recover before it adds value.
Avoid for heavy international use
A 3.5% forex markup is on the higher side for overseas spends.
Avoid if you spend big on rent, utilities, and insurance
These categories are excluded and won't earn rewards.
Avoid if you expect uncapped rewards
Top reward categories are capped each month, so very high spends don't scale linearly.
Rewards and redemption
Earn rates, caps, and how points convert to value.
| Category | Rate | Monthly cap |
|---|---|---|
| Fuel spends at IndianOil outlets | 20 EDGE REWARD Points / Rs 100 spent at IndianOil outlets | 1,000 edge reward points |
| Online shopping spends | 5 EDGE REWARD Points / Rs 100 spent on online shopping | - |
| Other eligible retail spends | 1 EDGE REWARD Point / Rs 100 spent on other eligible retail spends | - |
Redemption
Exclusions
Categories that earn no rewards on this card.
- Fuel spends at non-IOCL outlets
- Rent payments
- E-wallet loading transactions
- Insurance premium payments
- Utilities and telecom spends
- Government services spends
- Educational institution payments
- Purchase of gold or jewellery
- Spends at financial institutions (cash advances, repayments, etc.)
Benefits and fine print
Welcome, renewal, and other listed benefits.
Joining benefits
- Up to 1,250 EDGE REWARD Points on first fuel transaction within 30 days of card issuance
Additional benefits
- Nil joining fee and nil annual fee as listed on the Axis Bank credit card catalogue
- Secured credit card offered through Axis Bank fixed deposit journey
- 1% fuel surcharge waiver on eligible fuel transactions from Rs 400 to Rs 4,000, capped at Rs 50 per statement cycle
- 10% instant discount on BookMyShow movie tickets
- Dining Delights offers through Axis Bank dining programme
Eligibility
Check this before you apply.
Salaried
- Age: 18 to 70 years
- Resident of India
- Issued against an Axis Bank Fixed Deposit (secured credit card)
Self-employed
- Age: 18 to 70 years
- Resident of India
- Issued against an Axis Bank Fixed Deposit (secured credit card)
Compare before you decide
Alternatives based on what you might want instead.
IDFC FIRST WOW! Credit Card
Best for secured card, lifetime free, forex.
INDIANOIL AXIS BANK Credit Card
Best for fuel, indianoil, online shopping.
IndianOil Axis Bank Premium Credit Card
Best for fuel, indianoil, grocery.