1 EDGE Miles / ₹150 · Up to 6 EDGE Miles / ₹150 on IndianOil
Strong data Pairwise comparison
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AXIS IndianOil Axis Bank Premium RuPay vs ICICI MakeMyTrip
Side-by-side comparison of the Axis Bank IndianOil Axis Bank Premium RuPay and the ICICI Bank MakeMyTrip. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
Pick IndianOil Axis Bank Premium RuPay for UPI payments.
Pick MakeMyTrip for spending abroad.
MakeMyTrip costs ₹1 less a year but waives only at ₹3,00,000 spend, IndianOil Axis Bank Premium RuPay at ₹30,000.
Head-to-head
- Annual fee Annual fee outcome: tie. ₹1/yr apart · waiver gates differIndianOil Axis Bank Premium RuPay ₹1,000 Waivable at ₹30,000 spendMakeMyTrip ₹999 Waivable at ₹3,00,000 spend
- Forex markup Forex markup outcome: MakeMyTrip wins. MakeMyTrip saves ~₹2,510 per ₹1L abroadIndianOil Axis Bank Premium RuPay 3.5%MakeMyTrip 0.99%
- Domestic lounge Domestic lounge outcome: tie. IndianOil Axis Bank Premium RuPay 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹50,000 spend in the previous 3 calendar monthsMakeMyTrip 8/year (2 per quarter)
- Rewards Rewards outcome: tie. conservative base valueIndianOil Axis Bank Premium RuPay ~0.7%MakeMyTrip ~1%
- UPI payments UPI payments outcome: IndianOil Axis Bank Premium RuPay wins. IndianOil Axis Bank Premium RuPay Supports UPIMakeMyTrip No UPI support
Reward earning explained
1 myCash / ₹100
Strong dataExample usage at this monthly spend
At ₹50k/month spend:
- MakeMyTrip ICICI Bank: ~₹500/month at base rate
- IndianOil Axis Bank Premium: ~₹330/month at base rate
Illustrative only, using current base rates before caps.
All fields
| Field | IndianOil Axis Bank Premium RuPay Axis Bank | MakeMyTrip ICICI Bank |
|---|---|---|
| Lounge Access | ||
| Domestic lounge visits spend-gated on some cards — see caveats | 8/year (2 per quarter) | 8/year (2 per quarter) |
| International lounge visits Not included vs 1 per year | No international lounge access | 1 per year |
| Forex / International Use | ||
| Forex markup 3.5% vs 0.99% | 3.5% | 0.99% |
| Fees | ||
| Recurring annual fee ₹1,000 vs ₹999 | ₹1,000 | ₹999 |
| Annual-fee waiver ₹30,000 vs ₹3,00,000 | ₹30,000 | ₹3,00,000 |
| Interest-free period Up to 50 days vs Up to 48 days | Up to 50 days | Up to 48 days |
| Monthly interest rate | 3.75% / month | 3.75% / month |
| Late-payment charge ₹500–₹1,300 depending on outstanding balance vs ₹100–₹1,300 depending on outstanding balance | ₹500–₹1,300 depending on outstanding balance | ₹100–₹1,300 depending on outstanding balance |
| Fuel benefit Only available for IndianOil Axis Bank Premium | 1% surcharge waiver · ₹400+ transactions | Not specified |
| Rewards | ||
| Base earn Some reward lanes are unsupported — base rate only for comparison. 1 EDGE Miles / ₹150 vs 1 myCash / ₹100 | 1 EDGE Miles / ₹150 | 1 myCash / ₹100 |
| Conservative base value ~0.7% vs ~1% | ~0.7% | ~1% |
| Earn ceiling 600 EDGE Miles per month; at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend vs Not stated | 600 EDGE Miles per month at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend | Not stated |
| Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. | ₹1 | ₹1 |
| Point validity Only available for MakeMyTrip ICICI Bank | Not specified | 3 years |
| Insurance — Air accident cover Only available for MakeMyTrip ICICI Bank | Not specified | ₹1 crore |
| Insurance — Personal accident cover Only available for MakeMyTrip ICICI Bank | Not specified | ₹1 crore |
Notes
- IndianOil Axis Bank Premium Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
- Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.
Axis Bank IndianOil Axis Bank Premium RuPay
Verify with issuer , opens external siteICICI Bank MakeMyTrip
Verify with issuer , opens external site