Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
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Axis Bank, IOC launch co-branded credit card

Date: 18-12-2019

Axis Bank has launched co-branded credit card in partnership with Indian Oil Corporation (IOC). The co-branded card is for customers who prefer cashless and hassle-free payments. This partnership is an effort from Axis Bank and IOC to expand their presence in the fast-developing credit card ecosystem in India, with an aim to offer attractive rewards and benefits for its customers. 

Customers will be able to get benefits such as cashback up to Rs 250 on fuel purchases within first 30 days of card issuance, 20 times accelerated reward points on fuel spends at IOC outlets as well as waiver of fuel surcharge. Additionally, customers can avail benefits like 5x accelerated reward points on online shopping, 10% instant discount on movie ticket bookings via BookMyShow, while also earning edge points for every spend.

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.