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 Kotak Mahindra Bank Mojo Platinum Credit Cards – Fees, Lounge, Forex
Side-by-side comparison of the Axis Bank IndianOil Axis Bank Premium RuPay and the Kotak Mahindra Bank Mojo Platinum. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
VerdictPick IndianOil Axis Bank Premium RuPay for upi.
Head-to-head
Three core metrics- Annual fee IndianOil Axis Bank Premium RuPay ₹1,000 Waivable at ₹30,000 spendMojo Platinum ₹1,000 Waivable at ₹1,00,000 spend
- Forex markup IndianOil Axis Bank Premium RuPay 3.5%Mojo Platinum 3.5%
- Domestic lounge IndianOil Axis Bank Premium RuPay 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹50,000 spend in the previous 3 calendar monthsMojo Platinum 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)
Reward earning explained
Per card1 pt / ₹100 · Up to 2.5 pts / ₹100 on online spend
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 Kotak Mahindra Bank Mojo Platinum: ₹1,000), forex markup (3.5% vs 3.5%), or lounge access (8/year (2 per quarter) vs 8/year (2 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 Tie Both cards are similar for lounge access
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 Kotak Mahindra Bank Mojo Platinum's ~0.2%. Kotak Mahindra Bank Mojo Platinum conservative base value ~0.2% 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:
- IndianOil Axis Bank Premium: ~₹330/month at base rate
- Kotak Mojo Platinum: ~₹100/month at base rate
Illustrative only, using current base rates before caps.
| Field | IndianOil Axis Bank Premium RuPay Axis Bank | Mojo Platinum Kotak Mahindra 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 | No international lounge access | No international lounge access |
| Forex / International Use | ||
| Forex markup | 3.5% | 3.5% |
| Fees | ||
| Recurring annual fee | ₹1,000 | ₹1,000 |
| Annual-fee waiver ₹30,000 vs ₹1,00,000 | ₹30,000 | ₹1,00,000 |
| Interest-free period Up to 50 days vs Up to 51 days | Up to 50 days | Up to 51 days |
| Monthly interest rate Only available for IndianOil Axis Bank Premium | 3.75% / month | Not specified |
| Late-payment charge Only available for Kotak Mojo Platinum | Not specified | ₹100–₹1,200 depending on outstanding balance |
| Fuel benefit 1% surcharge waiver vs 1% surcharge waiver · ₹500–₹5,000 transactions · ₹3,500/year waiver cap · Fuel rewards excluded | 1% surcharge waiver | 1% surcharge waiver · ₹500–₹5,000 transactions · ₹3,500/year waiver cap · Fuel rewards excluded |
| Rewards | ||
| Base earn 1 EDGE Miles / ₹150 vs 1 pt / ₹100 | 1 EDGE Miles / ₹150 | 1 pt / ₹100 |
| Conservative base value ~0.7% vs ~0.2% | ~0.7% | ~0.2% |
| Earn ceiling 600 EDGE Miles per month; at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend vs Eligible spend capped at ₹70,000 per statement cycle | 600 EDGE Miles per month; at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend | Eligible spend capped at ₹70,000 per statement cycle |
| 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 |
Notes
- IndianOil Axis Bank Premium Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
- Kotak Mojo Platinum Credit Card: Condition: ₹75,000 spend in the previous calendar quarter (unlocks the following quarter)
- 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 siteKotak Mahindra Bank Mojo Platinum
Verify with issuer , opens external site