IndianOil Axis Bank Credit Card vs IndianOil HDFC Bank Credit Card

✓ Independent — ₹0 issuer commissionno affiliate links, no Apply-Now buttons; terms verified against official sources 2026-07-16.How we calculate →

Short answer: at ₹30,000/month typical spend, IndianOil HDFC Bank Credit Card earns about ₹890 more a year. Details below — verified from official terms.

Net annual value by spend level

Total monthly spendIndianOil Axis Bank Credit CardIndianOil HDFC Bank Credit CardWinner
₹15,000₹1,616₹3,732IndianOil HDFC Bank Credit Card +₹2,116
₹30,000₹4,174₹5,064IndianOil HDFC Bank Credit Card +₹890
₹60,000₹8,098₹6,528IndianOil Axis Bank Credit Card +₹1,570

Head to head

IndianOil Axis Bank Credit CardIndianOil HDFC Bank Credit Card
Annual fee₹500 + GST₹500 + GST
Fee waiverAt ₹3,50,000/yrAt ₹50,000/yr
Best rate4%4% value at IndianOil (20 EDGE per Rs.100)5%5% Fuel Points at IndianOil
Lounges (dom/intl per yr)0 / 00 / 0
Welcome value₹250
No rewards onrent, wallet, government, emirent, wallet, government, emi

Quick answers

IndianOil Axis Bank Credit Card or IndianOil HDFC Bank Credit Card — which is better at ₹30,000/month spend?

IndianOil HDFC Bank Credit Card comes out ahead by about ₹890 a year on a typical spend mix at that level, after caps and fees. The gap changes with your mix — run the wizard for your numbers.

Do these numbers include annual fees and caps?

Yes. Every figure is net annual value: rewards after monthly caps, minus fees after spend-based waivers, plus welcome and milestone value.

Both cards verified 2026-07-16 · rank them at your exact spend · methodology