IndianOil Premium Credit Card
Rs 1,000Annual fee
Rs 1,00,000Fee waiver spend
8Domestic lounge
Domestic lounge conditions
- Complimentary domestic lounge access, illustrated by Axis as 2 visits per quarter
3.5%Forex markup
Best for
Fuel, Indianoil, Grocery, Zomato, Lounge
Top rewards
IndianOil Fuel Outlets (up To ₹15,000 Spend/Month): 6 EDGE Miles / ₹150 spent at IndianOil outlets; Grocery And Supermarket Spends (up To ₹5,000 Spend/Month): 2 EDGE Miles / ₹150 spent on grocery and supermarket; Other Eligible Retail Spends: 1 EDGE Mile / ₹150 spent on other eligible spends
Power+ Credit Card
Rs 499Annual fee
Rs 1,50,000Fee waiver spend
4Domestic lounge
Domestic lounge conditions
- 1 complimentary domestic airport lounge visit per quarter, subject to a minimum spend of ₹20,000 in the previous calendar month.
0%Forex markup
Best for
Fuel, HPCL, UPI, Grocery, Lounge
Top rewards
HPCL Fuel Spends: 30 Reward Points per INR 150 spent; Grocery And Utility Bills Spends: 30 Reward Points per INR 150 spent; Other Retail And UPI Spends: 3 Reward Points per INR 150 spent
| Feature | IndianOil Premium Credit Card | Power+ Credit Card |
|---|---|---|
| Issuer | Axis Bank | IDFC FIRST Bank |
| Network | Mastercard | RuPay |
| Joining fee | Rs 1,000 | Rs 499 |
| Annual fee | Rs 1,000 | Rs 499 |
| Fee waiver spend | Rs 1,00,000 | Rs 1,50,000 |
| Reward type | EDGE Miles | Reward Points |
| Best for | Fuel, Indianoil, Grocery, Zomato, Lounge | Fuel, HPCL, UPI, Grocery, Lounge |
| Top reward categories | IndianOil Fuel Outlets (up To ₹15,000 Spend/Month): 6 EDGE Miles / ₹150 spent at IndianOil outlets; Grocery And Supermarket Spends (up To ₹5,000 Spend/Month): 2 EDGE Miles / ₹150 spent on grocery and supermarket; Other Eligible Retail Spends: 1 EDGE Mile / ₹150 spent on other eligible spends | HPCL Fuel Spends: 30 Reward Points per INR 150 spent; Grocery And Utility Bills Spends: 30 Reward Points per INR 150 spent; Other Retail And UPI Spends: 3 Reward Points per INR 150 spent |
| SmartBuy / accelerated caps | Not Listed | Not Listed |
| Domestic lounge | 8 | 4 |
| International lounge | 0 | 0 |
| Forex markup | 3.5% | 0% |
| Milestone benefits | Annual fee waived on spends of ₹1,00,000 and above in a card anniversary year (excluding wallet, rent, and insurance spends) | Not Listed |
| Redemption | Air miles: upto ₹ 0.5 per point; Statement credit: upto ₹ 0.333 per point | Statement credit: upto ₹ 0.25 per point |
| Key exclusions | Fuel transaction charges outside surcharge waiver terms, 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 |