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Credit CardsComparisons

IndianOil Axis Bank Card vs IndianOil HDFC Card

A head-to-head comparison of IndianOil Axis Bank Card and IndianOil HDFC Card across fees, rewards, and spending categories to help you decide which card suits your wallet better.

FuelCard A

IndianOil Axis Bank Card

Fuel + Entertainment

Annual Fee
₹500
Reward Rate
4% Value Back
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FuelCard B
Annual Fee
₹500
Reward Rate
5 FP per ₹150 (~2.5% on IndianOil fuel, ~3.5% with surcharge waiver)
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Feature comparison

FeatureIndianOil AxisIndianOil HDFC
Annual Fee₹500 (Waived on ₹3.5L spend — revised April 2025)₹500 (Waived on ₹50K spend)
Reward Rate4% Value Back5 FP per ₹150 (~2.5% on IndianOil fuel, ~3.5% with surcharge waiver)
Best ForFuel + EntertainmentCity Drivers
First-Card Friendly
Lounge Access
Zero Forex Markup

Spending category coverage

Which categories does each card reward?

CategoryIndianOil AxisIndianOil HDFC
Groceries
Fuel
Movies & entertainment
Utility bills
Fuel surcharge waiver

Quick verdict

Choose IndianOil Axis Bank Card if:

  • You spend heavily on movies & entertainment

Choose IndianOil HDFC Card if:

  • You spend heavily on groceries
  • You spend heavily on utility bills

Full pros & cons

IndianOil Axis Bank Card

What's good
  • Instant 10% discount on movie tickets via BookMyShow
  • Fuel surcharge waiver at IndianOil stations
Watch out for
  • Fuel rewards restricted to IndianOil stations only
  • Fee waiver threshold increased from ₹50K to ₹3.5L (April 2025) — significantly harder to achieve
  • Strict reward caps on entertainment and fuel categories

IndianOil HDFC Card

What's good
  • Very low ₹50k spend threshold for fee waiver
  • Versatile rewards — points earned on groceries and bills too
  • Fuel surcharge waiver at all fuel stations in India (not just IndianOil)
Watch out for
  • Fuel rewards only valid at IndianOil stations
  • Lower overall reward rate compared to BPCL Octane