1 EDGE Miles / ₹150 · Up to 6 EDGE Miles / ₹150 on IndianOil
Strong data Pairwise comparison
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Axis Bank IndianOil Axis Bank Premium RuPay vs IDFC FIRST Bank HPCL Power Plus Credit Cards – Fees, Lounge, Forex
Side-by-side comparison of the Axis Bank IndianOil Axis Bank Premium RuPay and the IDFC FIRST Bank HPCL Power Plus. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
VerdictPick IndianOil Axis Bank Premium RuPay for lounge access and upi.
Head-to-head
Three core metrics- Annual fee HPCL Power Plus saves ₹501/yrIndianOil Axis Bank Premium RuPay ₹1,000 Waivable at ₹30,000 spendHPCL Power Plus ₹499 Waivable at ₹1,50,000 spend
- Forex markup IndianOil Axis Bank Premium RuPay 3.5%HPCL Power Plus 3.5%
- Domestic lounge IndianOil Axis Bank Premium RuPay: +4 lounge visits/yrIndianOil Axis Bank Premium RuPay 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹50,000 spend in the previous 3 calendar monthsHPCL Power Plus 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹20,000 spend in the previous month (unlocks the following month)
Reward earning explained
Per card1% · Up to 30 pts / ₹150 on HPCL
Strong dataPick based on what matters
4 dimensionsStart with the constraint you care about most: annual fee (Axis Bank IndianOil Axis Bank Premium RuPay: ₹1,000 vs IDFC FIRST Bank HPCL Power Plus: ₹499), forex markup (3.5% vs 3.5%), or lounge access (8/year (2 per quarter) vs 4/year (1 per quarter)).
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Forex markup Tie Both cards are similar for forex
Forex markup is 3.5%.
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Lounge access Axis Bank IndianOil Axis Bank Premium RuPay wins Axis Bank IndianOil Axis Bank Premium RuPay is better for lounge access
Axis Bank IndianOil Axis Bank Premium RuPay is stronger here. Domestic lounge access is 2 per quarter.
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Rewards Tie Both cards are similar for rewards
Axis Bank IndianOil Axis Bank Premium RuPay conservative base value ~0.7% vs IDFC FIRST Bank HPCL Power Plus's ~1%. IDFC FIRST Bank HPCL Power Plus conservative base value ~1% vs Axis Bank IndianOil Axis Bank Premium RuPay's ~0.7%.
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upi Axis Bank IndianOil Axis Bank Premium RuPay wins Axis Bank IndianOil Axis Bank Premium RuPay is better for UPI usage
Axis Bank IndianOil Axis Bank Premium RuPay is stronger here. Supports UPI via RuPay network.
All fields
Example usage at this monthly spend
At ₹50k/month spend:
- IDFC FIRST HPCL Power Plus: ~₹500/month at base rate
- IndianOil Axis Bank Premium: ~₹330/month at base rate
Illustrative only, using current base rates before caps.
| Field | IndianOil Axis Bank Premium RuPay Axis Bank | HPCL Power Plus IDFC FIRST Bank |
|---|---|---|
| Insurance — Personal accident cover Only available for IDFC FIRST HPCL Power Plus | Not specified | ₹2 lakh |
| Insurance — Lost card liability cover Only available for IDFC FIRST HPCL Power Plus | Not specified | ₹25,000 |
| Insurance — Underwriter Only available for IDFC FIRST HPCL Power Plus | Not specified | Insured by New India Assurance |
| Lounge Access | ||
| Domestic lounge visits spend-gated on some cards — see caveats 8/year (2 per quarter) vs 4/year (1 per quarter) | 8/year (2 per quarter) | 4/year (1 per quarter) |
| International lounge visits Only available for IndianOil Axis Bank Premium | No international lounge access | Not specified |
| Forex / International Use | ||
| Forex markup | 3.5% | 3.5% |
| Fees | ||
| Recurring annual fee ₹1,000 vs ₹499 | ₹1,000 | ₹499 |
| Annual-fee waiver ₹30,000 vs ₹1,50,000 | ₹30,000 | ₹1,50,000 |
| Interest-free period Up to 50 days vs Up to 45 days | Up to 50 days | Up to 45 days |
| Monthly interest rate 3.75% / month vs 3.85% / month | 3.75% / month | 3.85% / month |
| Fuel benefit 1% surcharge waiver vs No surcharge waiver | 1% surcharge waiver | No surcharge waiver |
| Rewards | ||
| Base earn 1 EDGE Miles / ₹150 vs 1% | 1 EDGE Miles / ₹150 | 1% |
| 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 2,400 points per month; at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend | 600 EDGE Miles per month; at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend | 2,400 points per month; at 30 pts / ₹150, this lane reaches the cap at ₹12,000 of eligible spend |
| Point value (headline channel) Fuel redemption value at the pump or issuer fuel channel — not a universal cashback rate. Only available for IndianOil Axis Bank Premium | ₹1 | Not specified |
| Point validity Only available for IDFC FIRST HPCL Power Plus | Not specified | 2 years |
Notes
- IndianOil Axis Bank Premium Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
- IDFC FIRST HPCL Power Plus Credit Card: Condition: ₹20,000 spend in the previous month (unlocks the following month)
- 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 siteIDFC FIRST Bank HPCL Power Plus
Verify with issuer , opens external site