IndianOil Citi vs Indian Oil Axis Credit Card
IndianOil Citi vs Indian Oil Axis Credit Card- Check below for a comparison between IndianOil Citi vs Indian Oil Axis Credit Card or Indian Oil Axis Bank vs IndianOil Citi Credit Card and find which is better.
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IndianOil Citi vs Indian Oil Axis Credit Card
Overview of IndianOil Citi Credit Card
Citibank collaborates with Indian Oil Corporation Limited (IOCL) to introduce the IndianOil Citi Credit Card, a credit card with a unique co-branded identity.
Tailored for individuals managing fuel and related expenses, this card provides custom benefits and rewards.
Beyond its primary focus on rewarding fuel purchases, the card extends its perks to cover other transactions.
The earned reward points grant cardholders the flexibility to redeem them for fuel vouchers or opt for a variety of captivating rewards.
Overview of Indian Oil Axis Bank Credit Card
Tailored for frequent commuters and travellers, the Indian Oil Axis Bank Credit Card is a co-branded credit card offering benefits for vehicle users.
Cardholders can enjoy a 5% value back on fuel expenses at Indian Oil outlets, rewarded in the form of fuel points.
An attractive welcome bonus awaits, providing up to 1000 reward points for the first transaction completed within 30 days of activating the card.
IndianOil Citi vs Indian Oil Axis Credit Card
| Features/Charges | IndianOil Citi Credit Card | Axis Bank Indianoil Credit Card |
|---|---|---|
| Joining Fees | Rs. 1,000 | Rs. 500 |
| Annual Fees | Rs. 1,000 | Rs. 500 |
| Welcome Benefits | Card activation brings forth a warm gesture in the shape of 250 Turbo Points, extending a cordial welcome to new cardholders. | In the first month of activating your card, enjoy a full reimbursement of your fuel costs, with a maximum cashback limit of Rs. 250. |
| Cashback / Rewards point | Accumulate Turbo Points as you spend, with 1 point granted for every Rs. 150 used, 2 points for each Rs. 150 spent at supermarkets, and 4 points credited for every Rs. 150 dedicated to fuel purchases. | The 4% fuel reward is applicable only to transactions falling within the Rs 100 to Rs 5000 range. The accelerated EDGE RP for fuel is capped at 1000 RP per month, limiting the maximum 4% fuel return to Rs 5000 per calendar month. While sufficient for many, it might be slightly inadequate for car owners given prevailing fuel prices. Additionally, a 1% fuel surcharge waiver is provided for transactions ranging from Rs 200 to Rs 5000, with a maximum waiver of Rs 50 per statement. This effectively limits the fuel surcharge waiver to Rs 5000 worth of fuel expenditure in a statement cycle. |
| Dining benefits | Benefit from savings on dining expenses with discounts reaching up to 20% at a variety of affiliated restaurants. | Cardholders are eligible for a dining discount of up to 15% on their restaurant bills at partnered establishments throughout India through the Dining Delights program. |
| Travel benefits | N/A | N/A |
| Annual fees waiver | Spending Rs. 30,000 or above in the past year grants you the benefit of an annual fee waiver. | Spend Rs. 50,000 in a year to enjoy a waiver on the annual fee. |
| Fuel surcharge waiver | Utilize this credit card to receive a 1% waiver on fuel surcharges at every IndianOil station, spanning all fuel pumps across the country. | Receive a waiver of 1% on fuel surcharge at any fuel station in India. |
