AXIS
Axis Bank IndianOil Axis Bank Premium RuPay Credit Card
Mid-tier card · 8/year domestic lounge (2 per quarter) · fee waiver threshold ₹30,000 · 3.5% forex markup.
The Axis Bank IndianOil Axis Bank Premium RuPay Credit Card is issued by AXIS. Use this page to compare key benefits, fees & charges, lounge access, rewards, and forex markup — then compare with similar cards.
- Strong lounge access 8 lounge visits per year
- Low annual fee ₹1,000 annual fee
- Supports UPI Supports UPI via RuPay network.
Example usage at this monthly spend
- At this monthly spend, you'd earn: ~330 pts/month (base earn)
- Fee waiver achievable at this spend
- Forex cost ~₹1,750 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Confidence: High
Verify with issuer (opens in new tab)Card snapshot
| Annual fee | ₹1,000 |
|---|---|
| Joining fee | ₹1,000 |
| Forex fee | 3.5% What is this? |
| Lounge access | 8/year domestic lounge (2 per quarter) |
| Reward rate | 0.67 pts / ₹100 (base, normalized) What is this? |
Real-world usage examples
- Works best for travelers who need around 8 domestic lounge visits a year.
- Less suited to international transactions because forex markup is 3.5%.
Annual fee break-even math
At base earn rates, you need roughly ₹1.5L in yearly spend to offset the ₹1,000 annual fee.
Key Benefits
Lounge Access
- Domestic visits
- 8/year
- International visits
- Not available in current snapshot International details not available.
Rewards
- Points per ₹150
- 1 pts value depends on redemption
Fees & Charges
Fees
- Annual fee
- ₹1,000
- Joining fee
- ₹1,000
- Fee waiver spend
- ₹30,000 Below catalog median waiver (₹3,00,000 vs ₹30,000).
International Use
- Forex markup
- 3.5%
- Product tier
- Mid-tier
Best For
- Strong lounge access
- Low annual fee
- Supports UPI
Explore: best credit cards in India · low forex cards · zero forex cards · forex markup (learn) · reward rate (learn) · lounge access cards
Drawbacks
- High forex markup (3.5%)
Compare with similar cards
Open the closest side-by-side options in this tier before you apply.
- HDFC Bank Tata Neu Infinity RuPay Side-by-side compare HDFC Bank Tata Neu Infinity RuPay vs Axis Bank IndianOil Axis Bank Premium RuPay
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- HDFC Bank Millennia Side-by-side compare HDFC Bank Millennia vs Axis Bank IndianOil Axis Bank Premium RuPay
- HDFC Bank MoneyBack Plus Side-by-side compare HDFC Bank MoneyBack Plus vs Axis Bank IndianOil Axis Bank Premium RuPay
Latest update
- Snapshot refreshed on 25 April 2026 (today).
- Annual fee on file: ₹1,000.
- Forex markup currently listed at 3.5%.
- 8/year domestic lounge (2 per quarter) is on file in the latest refinery snapshot.
Learn more
How forex markup works · Reward rate (points / ₹100) explained · Cashback vs reward points