# IndianOil Axis Bank Premium Axis Bank · Visa. ₹1,000 fee · 3.5% forex · 1 EDGE Mile/₹150 uncapped (credited T+7). ✓ official · checked 16 July 2026 · Source: https://www.axisbank.com/docs/default-source/ld/terms-and-conditions-for-indianoil-axis-bank-premium-credit-card-(1).pdf ## How it earns (3) - 1 EDGE Mile/₹150 uncapped (credited T+7) · ✓ official · checked 10 July 2026 - 6X IOCL fuel (6 EM/₹150 incl. base) capped at ₹15,000 fuel spend/statement month, then base 1X · cap ₹15,000 spend per month · ✓ official · checked 10 July 2026 - 2X on grocery/supermarkets capped at ₹5,000 spend/statement month, then base · cap ₹5,000 spend per month · ✓ official · checked 10 July 2026 ## On gift vouchers - Gift vouchers earn nothing on this card. Worked out on a ₹10,000 voucher with no deal running. Card data current to 21 October 2026. Every card on vouchers: https://voucher.getbrief.cards/best-cards-for-vouchers ## What earns nothing (2) - No EDGE Miles on gift card purchases or wallet loads - No EDGE Miles: transport/tolls, utilities, insurance, education, govt, wallet, rent · rent and wallet also excluded from fee-waiver spend ## Lounges (1) - 2 domestic visits a quarter at Set B lounges, after ₹50,000 of eligible spend the previous 3 calendar months (from 1 May 2024). New cards get the month of issue plus 3 months without the condition. · Domestic · domestic · 8 per year · checked 16 July 2026 ## Transfer partners (26) - Aeroplan Points · 1 : 2 · ~1 day · ✓ official · checked 7 July 2026 - AirAsia Rewards Points · 1 : 2 · ~1 day · ✓ official · checked 6 July 2026 - Etihad Guest Miles · 1 : 2 · ~1 day · ✓ official · checked 6 July 2026 - Flying Blue Miles · 1 : 2 · ~1 day · ✓ official · checked 7 July 2026 - Hilton Honors Points · 1 : 2 · ~1 day · ✓ official · checked 23 September 2026 - IHG One Rewards Points · 1 : 2 · ~1 day · ✓ official · checked 7 July 2026 - JAL Mileage Bank Miles · 1 : 2 · ~1 day · ✓ official · checked 6 July 2026 - KrisFlyer Miles · 1 : 2 · ~1 day · verified · checked 11 June 2026 - Maharaja Points · 1 : 2 · ~1 day · community-verified · checked 11 June 2026 - Miles&Smiles Miles · 1 : 2 · ~1 day · verified · checked 6 July 2026 - Qantas Frequent Flyer Points · 1 : 2 · ~1 day · ✓ official · checked 6 July 2026 - Royal Orchid Plus Miles · 1 : 2 · ~1 day · ✓ official · checked 6 July 2026 - ShebaMiles (Ethiopian Airlines) · 1 : 2 · ~1 day · ✓ official · checked 6 July 2026 - SpiceClub Points (SpiceJet) · 1 : 2 · ~1 day · community-verified · checked 6 July 2026 - United MileagePlus Miles · 1 : 2 · ~1 day · ✓ official · checked 6 July 2026 - Wyndham Rewards Points · 1 : 2 · ~1 day · ✓ official · checked 7 July 2026 - Miles & More Award Miles · 1 : 1 · up to 5 working days · ✓ official · checked 23 September 2026 - Orchid Rewards Points · 1 : 1 · ~1 day · ✓ official · checked 7 July 2026 - Radisson Rewards Points · 1 : 1 · ~1 day · ✓ official · checked 7 July 2026 - ALL Reward Points · 2 : 1 · ~1 day · ✓ official · checked 23 September 2026 - Asia Miles · 2 : 1 · ~1 day · ✓ official · checked 23 September 2026 - Avios (BA Club) · 2 : 1 · ~1 day · verified · checked 13 June 2026 - Avios (Finnair Plus) · 2 : 1 · ~1 day · ✓ official · checked 7 July 2026 - Avios (Qatar Privilege Club) · 2 : 1 · ~1-3 days · ✓ official · checked 20 August 2026 - IndiGo BluChip Miles · 2 : 1 · ~1 day · ✓ official · checked 20 August 2026 - Lotusmiles (Vietnam Airlines) · 2 : 1 · ~1 day · ✓ official · checked 7 July 2026 1 route closed, kept as history in the change log ## Fees - Annual fee: ₹1,000 + GST Waived at ₹1,00,000 spend per card year - Forex markup: 3.5% - DCC markup: 3.5% - Earns: EDGE Miles · ₹1 a point at baseline ## Dated changes (2) - Devaluation · 28 August 2026: Axis cards earn nothing on gift card purchases (https://getbrief.cards/changes#axis-giftcard-aug26) - Devaluation · 28 August 2026: Axis Bank portfolio revision, 28 Aug 2026: tolls stop earning, DCC markup rises, late fees up (https://getbrief.cards/changes#axis-portfolio-2026-08-28) Every change, dated: https://getbrief.cards/changes --- Fees are before GST. A rate that has aged says so. Brief is not a financial adviser and takes no fee from any bank for the order of this page. All cards: https://getbrief.cards/cards Canonical: https://getbrief.cards/cards/axis-indianoil-premium