Comparing and Selecting the right credit card can be difficult, mainly when there are multiple options available in the market. In this article, we will compare two best credit cards in India, the Indian Oil Axis Bank RuPay Credit Card and the Indian Oil HDFC Bank Credit Card, to help you make an informed decision.
Indian Oil Axis Bank RuPay Credit Card
The Indian Oil Axis Bank RuPay Credit Card is a co-branded credit card that provide a range of benefits to its users. The card is built to cater to the needs of frequent travelers who need to refuel their vehicles frequently. Here are some of the key features of the card:
Features and Benefits of Axis Bank RuPay Credit Card
Welcome Benefits:
The Indian Oil Axis Bank RuPay Credit Card offers a welcome bonus of 100% cashback of upto Rs. 250, which can be redeemed for fuel purchases at Indian Oil petrol pumps. Additionally, cardholders can get a discount of up to 5% on fuel purchases made at Indian Oil petrol pumps.
Rewards:
- 20 EDGE RPs on every Rs. 100 spent on all fuel purchases at IOCL stations.
- 5 EDGE RPs on every Rs. 100 spent on online shopping.
- For both categories, the transaction should be between Rs. 100 to Rs. 5,000.
- 1 EDGE point upon every Rs. 100 spent miscellaneously.
Movie and Dining:
Cardholders can redeem discount of up to 10% on movie ticket bookings and up to 15% discount on dining at partnered restaurants across India.
Fuel Benefits:
Cardholders will get a discount of up to 1% on fuel purchases made at Indian Oil petrol pumps. Additionally, cardholders can earn 20 EDGE reward points for every Rs. 150 spent using the Indian Oil Axis Bank RuPay Credit Card, which can be redeemed for fuel purchases at Indian Oil petrol pumps.
Indian Oil HDFC Bank Credit Card
The Indian Oil HDFC Bank Credit Card is another co-branded credit card that offers a range of benefits to its users. The card is built to cater to the needs of frequent travelers who need to refuel their vehicles frequently. Here are some of the key features of the card:
Features and Benefits of Indian Oil HDFC Bank Credit Card
Rewards:
- 1 Fuel Point upon every Rs. 150 spent on other fuel stations.
- 1 Fuel Point upon every Rs. 150 spent on other purchases.
- Fuel points expire in 2 years.
- Rewards can be availed against a variety of options from three methods-
- Indian Oil XTRAREWARDS Program (IXRP) 1 Fuel Points = Rs. 0.96
Fuel Benefits:
You can get a discount of up to 1% on fuel purchases made at Indian Oil petrol pumps. Additionally, cardholders can earn 1 fuel point for every Rs. 150 spent using the Indian Oil HDFC Bank Credit Card, which can be redeemed for fuel purchases at Indian Oil petrol pumps.
Annual Fee Waiver:
Cardholders can get annual fee waiver on spending Rs. 50,000 or above in the previous year.
Also Read: How to Redeem and Make the Most of Your Travel Rewards Points
Conclusion:
Both credit cards offer similar benefits, but the Indian Oil Axis Bank RuPay Credit Card has an edge with its higher reward points for every Rs. 150 spent and a slightly higher discount on fuel purchases. However, the Indian Oil HDFC Bank Credit Card is also a great option, and its reward points can be redeemed for fuel purchases at Indian Oil petrol pumps. Ultimately, the choice among these two cards will depend on individual preferences and usage patterns.
