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Axis Bank · Mid

Axis IndianOil Premium

Earns Axis EDGE Miles (IndianOil Premium: 2:1)
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Partner transfers - best: Accor ALL (Live Limitless) at 2:1
₹1.05-₹1.15/pt · ceiling 0.77% at premium-cabin redemptions - never used to rank
0.70%
Engine value - conservative, what rankings use
₹1/pt
0.67%
Fuel at IndianOil outlets (redeem EDGE Miles at IOCL-authorised card machines)
₹1/pt · partner redemption only - never used to rank
0.67%
T&C redemption table: 'Fuel - At IndianOil outlets' Re.1 per EDGE Mile (min 500), at listed IndianOil outlets with IOCL authorised EDCs only. Also '3Edge Miles = 10 Xtrarewards (IOCL Reward currency)' - no rupee value for XTRAREWARDS on an Axis page, so not priced. Partner transfers 2:1 (Travel Edge T&C).
Points valued at ₹1/pt - conservative, what rankings use · transfers reach up to ₹1.15/pt via Accor ALL (Live Limitless) at 2:1
6 EDGE Miles per Rs 150 (4% back) at IndianOil pumps
at IndianOil pump · 6 pts / ₹150 · min txn ₹150 · 6X on up to Rs 15,000 of IndianOil fuel a statement month (600 EDGE Miles), then 1 EDGE Mile per Rs 150
how it works
Only at listed IndianOil outlets with IOCL-authorised card machines; accelerated Miles credited within 45 days.
Source: IndianOil Axis Bank Premium Credit Card member Terms and Conditions (axis.bank.in PDF) - axis.bank.in - read 20 Oct 2026
4.00%
2 EDGE Miles per Rs 150 on grocery and supermarkets
Groceries · 2 pts / ₹150 · min txn ₹150 · 2X on up to Rs 5,000 of grocery a statement month (33 extra EDGE Miles), then 1 EDGE Mile per Rs 150
source
Source: IndianOil Axis Bank Premium Credit Card member Terms and Conditions (axis.bank.in PDF) - axis.bank.in - read 20 Oct 2026
1.33%
Everything else
1 pt / ₹150
source
Source: IndianOil Axis Bank Premium Credit Card page (axis.bank.in) - axis.bank.in - read 20 Oct 2026
0.67%
Axis IndianOil Premium via GRAB DEALSdisplay, never ranks
GRAB DEALS: 14 brands
Open the brand through GRAB DEALS, then pay with this card. Cashback cap: ₹1,000 cashback per card a month across GRAB DEALS.
BrandCashback
Forest Essentials18%*
Blissclub15%*
TaxBuddy10%*
Ajio8.0%*
IGP8.0%*
Libas8.0%*
Show all 14 brands
PUMA8.0%*
Myntra7.0%*
boAt5.0%*
FirstCry5.0%*
Nykaa5.0%*
Dyson3.0%*
RedBus2.0%*
Uniqlo2.0%*
* on the price before tax
how it works & source
The cashback comes on top of the card's own points on the payment (GRAB DEALS only redirects to the store). GRAB DEALS pays cashback on the price before taxes; counted on the price less 18% GST (the highest rate), so the figure never overstates (earnExTax). Primary cards only; not on EMI, gift vouchers or gold/silver.
Source: Axis Bank GRAB DEALS brand offers and T&C (Cashback/Discount Details): Myntra flat 7%, AJIO flat 8%, Uniqlo flat 2%, FirstCry flat 5%; max Rs 1,000 per account/credit card a month; on the price excluding taxes; primary cards only; not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 16 Oct 2026
Source: Axis Bank GRAB DEALS Forest Essentials page: flat 18% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Blissclub page: flat 15% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS boAt page: flat 5% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Dyson page: flat 3% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS IGP page: flat 8% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Libas page: flat 8% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Nykaa page: flat 5% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS PUMA page: flat 8% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS RedBus page: flat 2% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS TaxBuddy page: flat 10% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Percentages here are each rule's own rate. The card's single headline is the best of the direct rules only - selectable packs, capped-base rows and portal/voucher routes above are shown for completeness but never set it.
₹0 / year
500 EDGE Miles on the first transaction within 30 days of card issuance, no minimum spend (not for swaps/upgrades)
₹500estimated value
What 10,000 points become. The low end of each range ranks; the high end is display only.
Accor ALL (Live Limitless)
2:1 ratio · Back as a partner in the Sep 2026 revision, Group A, reduced ratio tier.
5,000 ptsworth ₹10,500-₹11,500
Singapore Airlines KrisFlyer
2:1 ratio
5,000 ptsworth ₹4,000-₹12,500
Air Canada Aeroplan
2:1 ratio
5,000 ptsworth ₹4,000-₹11,000
Postcard Hotels Sunshine Club
2:1 ratio
5,000 ptsworth ₹4,000-₹5,500
Japan Airlines Mileage Bank
2:1 ratio
5,000 ptsworth ₹3,500-₹10,000
Turkish Airlines Miles&Smiles
2:1 ratio
5,000 ptsworth ₹3,500-₹11,000
Air France-KLM Flying Blue
2:1 ratio · Moved to Group A in the Sep 2026 revision.
5,000 ptsworth ₹3,500-₹10,000
Cathay Asia Miles
2:1 ratio · Added in the Sep 2026 revision, Group A, reduced ratio tier.
5,000 ptsworth ₹3,500-₹10,000
EDGE Miles: 2 EDGE Miles = 1 partner point for every partner. Yearly limits: 1 lakh Miles to Group A and 4 lakh to Group B (5 lakh in all). At least 500 Miles per transfer.
Utility bills, Mobile / broadband, Education, Rent, Wallet load, Government / tax, Insurance, Jewellery & watches
Utility and telecom, education, rent, wallet loads, government services, insurance and gold/jewellery earn no EDGE Miles; also financial institutions, cash advances and repayments.
source
Since 20 Jun 2025 Axis matches these by spend category, not MCC; the MCC list is the one the card T&C still prints.
categories: Utility bills, Mobile / broadband, Education, Rent, Wallet load, Government / tax, Insurance, Jewellery & watches · MCCs: 4814, 4816, 4899, 4900, 8211, 8241, 8244, 8249, 8299, 6513, 6540, 9211, 9222, 9311, 9399, 9402, 9405, 8220, 6300, 6381, 5960, 6012, 6051
Source: Revision of INDIANOIL AXIS BANK PREMIUM Credit Card Terms and Conditions (effective 20 Jun 2025) - axis.bank.in - read 20 Oct 2026
use FIRST Private 6.6%
Tolls and bridge fees
Bridge fees, road fees and tolls earn nothing (from 28 Aug 2026).
source
4784 is the code the card T&C prints under 'Transportation & Tolls'.
MCCs: 4784
Source: Axis credit card T&C revision effective 28-08-2026 (campaign.axis.bank.in PDF) - campaign.axis.bank.in - read 20 Oct 2026
use FIRST Private 6.6%
Gift, card, novelty and souvenir shops
Gift-card purchases reclassified to an excluded Gift Card category (from 28 Aug 2026).
source
Axis excludes by spend category; 5947 is the closest MCC mapping.
MCCs: 5947
Source: Axis credit card T&C revision effective 28-08-2026 (campaign.axis.bank.in PDF) - campaign.axis.bank.in - read 20 Oct 2026
use FIRST Private 6.6%
EMI
EMI conversions, balance conversion/transfer, cash withdrawals, fees, charges and GST are not qualifying spend.
source
categories: EMI
Source: IndianOil Axis Bank Premium Credit Card member Terms and Conditions (axis.bank.in PDF) - axis.bank.in - read 20 Oct 2026
use Kotak Solitaire 3.0%
Rent
Axis rent fee 1% + GST
1%
Wallet load
Axis wallet-load fee: 1% once cumulative wallet-load spend this statement cycle reaches Rs 10,000, on the cycle total + GST
1%
Fuel
Axis fuel fee: 1% once cumulative fuel spend this statement cycle reaches Rs 50,000, on the cycle total + GST
1%
Utility bills, Mobile / broadband
Axis utility fee: 1% once cumulative utility/telecom spend this statement cycle reaches Rs 25,000, on the cycle total + GST
1%
Education
Axis education fee: 1% per transaction on education payments made via third-party apps + GST (modelled on every education spend - conservative, as on the other Axis cards)
1%
Gaming
Axis online skill-based gaming fee: 1% once cumulative gaming spend this statement cycle reaches Rs 10,000, on the cycle total + GST
1%
Bank terms we cannot price for you yet - they depend on something we do not know. Rankings leave them out.
Zomato 30% off
30% off food delivery on Zomato with code AXISIOCL, up to Rs 150 an order on orders of Rs 200 or more, twice a calendar month.
Source: IndianOil Axis Bank Premium Credit Card page (axis.bank.in) - axis.bank.in - read 20 Oct 2026
Fuel surcharge waiver
1% fuel surcharge waived at IndianOil outlets with IOCL-authorised card machines, no cap stated; GST on the surcharge is not refunded.
Source: IndianOil Axis Bank Premium Credit Card page (axis.bank.in) - axis.bank.in - read 20 Oct 2026
No card paid to be here. A few have asked.
Every rate is read off the bank's own page and carries the date we read it. Every answer is worked out in your browser from that data - nothing is precomputed.
Something wrong? Contact us or email hi@kaunsacard.com.