INDIANOIL Credit Card
Rs 500Annual fee
Rs 3,50,000Fee waiver spend
0Domestic lounge
3.5%Forex markup
Best for
Fuel, Indianoil, Online Shopping, Movies, UPI
Top rewards
Fuel: 20 EDGE REWARD Points / ₹100 spent at IndianOil outlets; Online: 5 EDGE REWARD Points / ₹100 spent on online shopping; Base: 1 EDGE REWARD Point / ₹100 spent on other eligible retail spends
Power Credit Card
Rs 199Annual fee
Rs 50,000Fee waiver spend
0Domestic lounge
0%Forex markup
Best for
Fuel, HPCL, UPI, Grocery, Utility Bills
Top rewards
HPCL Fuel Spends: 21 Reward Points per INR 150 spent; Grocery And Utility Spends: 15 Reward Points per INR 150 spent; Other Retail And UPI Spends: 2 Reward Points per INR 150 spent
| Feature | INDIANOIL Credit Card | Power Credit Card |
|---|---|---|
| Issuer | Axis Bank | IDFC FIRST Bank |
| Network | RuPay, Visa | RuPay |
| Joining fee | Rs 500 | Rs 199 |
| Annual fee | Rs 500 | Rs 199 |
| Fee waiver spend | Rs 3,50,000 | Rs 50,000 |
| Reward type | EDGE Reward Points | Reward Points |
| Best for | Fuel, Indianoil, Online Shopping, Movies, UPI | Fuel, HPCL, UPI, Grocery, Utility Bills |
| Top reward categories | Fuel: 20 EDGE REWARD Points / ₹100 spent at IndianOil outlets; Online: 5 EDGE REWARD Points / ₹100 spent on online shopping; Base: 1 EDGE REWARD Point / ₹100 spent on other eligible retail spends | HPCL Fuel Spends: 21 Reward Points per INR 150 spent; Grocery And Utility Spends: 15 Reward Points per INR 150 spent; Other Retail And UPI Spends: 2 Reward Points per INR 150 spent |
| SmartBuy / accelerated caps | Not Listed | Not Listed |
| Domestic lounge | 0 | 0 |
| International lounge | 0 | 0 |
| Forex markup | 3.5% | 0% |
| Milestone benefits | Not Listed | Not Listed |
| Redemption | Statement credit: upto ₹ 0.2 per point | Statement credit: upto ₹ 0.25 per point |
| Key exclusions | Fuel spends at non-IOCL outlets, Rent payments, E-wallet loading transactions, Insurance premium payments, Utilities and telecom spends, Government services spends | Fuel transactions at non-HPCL stations, EMI transactions, Cash withdrawal / cash advance transactions |