IndianOil Citi
Issuer: Axis Bank
Network: Visa | Tier: Entry
The IndianOil Axis Credit Card (formerly Citi) is the best fuel credit card in India, offering up to 6% savings at IndianOil fuel stations combined with fuel surcharge waiver. Best for anyone with significant monthly fuel expenses.
Fees & Charges
| Annual Fee | ₹500 + GST (waiver on ₹50K spend) |
|---|---|
| Joining Fee | ₹500 + GST |
| Interest Rate | 3.40% per month |
| Foreign Markup | 3.5% + GST |
| Fuel Surcharge Waiver | 1% waiver up to ₹500/month |
Rewards & Benefits
| Reward Rate | 4X on fuel, 2X on groceries |
|---|---|
| Welcome Bonus | 250 Turbo Points |
| Lounge Access | None |
| Best For | Daily commuters and fuel spenders |
Key Highlights
- Up to 6% savings at IndianOil fuel stations
- Extra rewards on grocery shopping
- 1% fuel surcharge waiver
- Annual fee waiver on ₹50K spend
- Best fuel credit card in India
Eligibility Criteria
- Minimum income ₹3 lakh per annum
- CIBIL score 700+
- Age 21-65 years
Minimum Income Required: ₹3,00,000+ per annum
Pros
- Best for fuel savings
- Low annual fee with waiver
- Grocery rewards
- Fuel surcharge waiver
- Wide acceptance
Cons
- No lounge access
- Limited to IndianOil pumps
- Low general reward rate
- No travel benefits
Expert Rating: 4.2/5