Collection
Ultimate fuel savings combo for daily commuters and car owners who refuel regularly. BPCL SBI Octane delivers industry-leading 7.25% value back on BPCL fuel (6.25% rewards + 1% surcharge waiver), while IndianOil Axis provides 4% rewards plus 1% surcharge waiver on IOCL outlets. Together, these cards ensure maximum savings at India's two largest fuel station networks.

State Bank Of India (SBI)
Credit
7.25% Value Back on BPCL Fuel
Industry-leading 7.25% value back on fuel purchases at BPCL petrol pumps: 6.25% through 25X reward points plus 1% fuel surcharge waiver. Maximum 2,500 reward points per billing cycle on BPCL fuel
Fuel Surcharge Waiver
1% fuel surcharge waived on fuel transactions up to Rs. 4,000, with maximum waiver of Rs. 100 per statement cycle
Extended BPCL Benefits
Earn 25 reward points on every Rs. 100 spent at BPCL lubricants and Bharat Gas (website and app only). Bharat Gas rewards capped at 500 points per billing cycle
Welcome Bonus
Get 6,000 reward points worth approximately Rs. 1,500 as welcome bonus
Lifestyle Rewards
Earn 10 reward points on every Rs. 100 spent at dining, departmental stores, grocery, and movies (capped at 7,500 reward points per month)
Airport Lounge & Fee
4 complimentary domestic airport lounge visits per year. Annual fee Rs. 1,499, waived on spending Rs. 2 lakhs or more in preceding year

Axis Bank
Credit
4% Value Back on IOCL Fuel
Earn 20 reward points per Rs. 100 spent at any IOCL fuel outlet providing 4% value back. Maximum eligible spends Rs. 5,000 per calendar month
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions at IOCL outlets with settlement amounts between Rs. 400 to Rs. 4,000, maximum waiver Rs. 50 per statement cycle
Total Effective Benefit
Combined benefit of 5% on IOCL fuel purchases (4% reward points + 1% surcharge waiver), subject to monthly spending cap of Rs. 5,000
Welcome Reward Points
Get up to 1,250 EDGE Reward Points on first fuel transactions within the first 30 days of card issuance
Updated Terms
Terms and conditions of IndianOil Axis Bank credit card updated with effect from June 20, 2025. Settlement amount includes original amount + fuel surcharge + 18% GST on fuel surcharge
Best For
Ideal for IOCL fuel station users who want consistent fuel savings. Pair with BPCL SBI Octane to cover both major fuel networks across India
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