Axis Bank and Indian Oil Corporation (IOC) in partnership with National Payments Corporation of India (NPCI), have launched a co-branded contactless INDIANOIL AXIS BANK RuPay Credit Card. Apart from a surcharge waiver at fuel outlets and cashback on fuel spends, the credit card comes with a host of other benefits on everyday transactions through accelerated reward points, instant discount on movie tickets, and dining delights at partner restaurants.
As an onboarding gift, users of this card will be entitled to 100% cashback up to Rs 250 on all fuel spends within the first 30 days of issuing of the card. It will also provide a surcharge waiver of 1% on fuel spends between Rs 200 to Rs 5000 and reward points worth 4% for every Rs 100 spent on fuel at IndianOil fuel outlets.
Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.
