In today’s times, people are preferring to travel via their personal vehicles than public transport because of the fear of COVID-19. And you know vehicles run on one thing which is Fuel. This is one of those things without which your vehicles cannot function, so you should know a way with which you can ensure maximum savings on your fuel transactions. Well, for this you can use the IndianOil Axis Bank Credit Card. This card from axis bank is designed to treat you on your every fuel transaction.
Came out as a result from the collaboration of Indian Oil Corporation Limited and Axis Bank, this card can be a suitable choice for customers who are looking to enjoy savings on their fuel transaction. There are several features of this Axis Bank Credit Card that makes it one of the most popular fuel credit cards among customers.
So, what are those features? Here, in this article, we will tell you the same so that you can make a better decision. Apart from this, we will also tell you the methods to make the Axis Bank Credit card payment so that you can improve your credit score. Keep reading to know more!
Features of IndianOil Axis Bank Credit Card that you should know
Want to know some of the exciting features of this Axis Bank Credit Card? We are showing them below. Please have a look!
As soon as you get this card on your hands, you can earn 100% cashback up to INR 250 on all fuel-related transactions with your card. Remember you will need to do the transaction within 30 days of card issuance. Suppose you got your card on November 21, 2020, so you will need to make a transaction within December 21, 2020 to enjoy these welcome benefits.
Reward Points Program
- On making any fuel transaction at any IOCL Fuel Outlets across any Indian City, you can enjoy a 4% value back in the form of 20 reward points on spending per INR 100. So, let’s say you spend INR 500, you will get 100 Reward Points. To get this benefit, you should make a transaction of INR 100 to INR 5,000 per month on any IOCL Fuel Outlet.
- If you are someone who loves to shop online, this Axis Bank Credit card can be the best option for you. Let me tell you why? On spending every INR 100, you can earn 1% value back in the form of 5 Reward Points. The transaction value should be between INR 100 and INR 5,000 to enjoy this benefit. So, if you made some online shopping of INR 1,000 on Myntra, you would get 50 Reward Points.
- Other than this, you can also get an instant discount up to 10% on your movie tickets on BookMyShow application or website.
Joining and Annual Fee
Axis Bank has fixed the joining and annual fee for this credit card as INR 500. However, on spending INR 50,000 in a year with your Axis Bank Credit Card, you can get your annual fee waived off.
How to make Axis Bank Credit Card Payment?
To make the Axis Bank Credit Card payment, you can choose between Online and Offline options. The online payment methods include Internet Banking, Phone Banking, NEFT, IMPS, etc. If you don’t want to make Online payment, you will just need to visit the nearest Axis Bank Branch and make the payment.