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Axis Bank IndianOil Axis Bank Premium RuPay vs SBI Card IRCTC SBI Card Premier Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the Axis Bank IndianOil Axis Bank Premium RuPay and the SBI Card IRCTC SBI Card Premier. Verify fees, lounge access, forex markup, and base rewards before you apply.

IndianOil Axis Bank Premium RuPay
IRCTC SBI Card Premier

The short answer

Verdict

No decisive winner on the core dimensions — the head-to-head below shows where the small differences are.

Head-to-head

Three core metrics
  • Annual fee
    IndianOil Axis Bank Premium RuPay ₹1,000 Waivable at ₹30,000 spend
    IRCTC SBI Card Premier ₹1,499 Waivable at ₹2,00,000 spend
    IndianOil Axis Bank Premium RuPay saves ₹499/yr
  • Forex markup
    IndianOil Axis Bank Premium RuPay 3.5%
    IRCTC SBI Card Premier 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 months
    IRCTC SBI Card Premier 8/year railway

Reward earning explained

Per card
IndianOil Axis Bank Premium RuPay

1 EDGE Miles / ₹150 · Up to 6 EDGE Miles / ₹150 on IndianOil

Strong data
IRCTC SBI Card Premier

0.8 pts / ₹100 · Up to 10 pts / ₹100 on IRCTC

Strong data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (Axis Bank IndianOil Axis Bank Premium RuPay: ₹1,000 vs SBI Card IRCTC SBI Card Premier: ₹1,499), forex markup (3.5% vs 3.5%), or lounge access (8/year (2 per quarter) vs 8/year railway).

  • Forex markup Tie

    Both cards are similar for forex

    Forex markup is 3.5%.

  • Lounge access Tie

    Both cards are similar for lounge access

    Domestic lounge access is 2 per quarter. Domestic lounge access is no airport lounge access.

  • Rewards Tie

    Both cards are similar for rewards

    Axis Bank IndianOil Axis Bank Premium RuPay conservative base value ~0.7% vs SBI Card IRCTC SBI Card Premier's ~0.8%. SBI Card IRCTC SBI Card Premier conservative base value ~0.8% vs Axis Bank IndianOil Axis Bank Premium RuPay's ~0.7%.

  • upi Tie

    Both cards are similar for UPI usage

    Supports UPI via RuPay network.

View Axis Bank IndianOil Axis Bank Premium RuPay → View SBI Card IRCTC SBI Card Premier → See more rankings →

All fields

Example usage at this monthly spend

At ₹50k/month spend:

  • IRCTC SBI Card Premier: ~₹400/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 IRCTC SBI Card Premier SBI Card
Insurance — Lost card liability cover
Only available for IRCTC SBI Card Premier
 Not specified ₹1 lakh
Insurance — Underwriter
Only available for IRCTC SBI Card Premier
 Not specified Insured by ICICI Lombard General Insurance Company Limited
Lounge Access
Domestic lounge visits
spend-gated on some cards — see caveats
8/year (2 per quarter) vs 8/year railway
 8/year (2 per quarter) 8/year railway
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 ₹1,499
 ₹1,000 ₹1,499
Annual-fee waiver
₹30,000 vs ₹2,00,000
 ₹30,000 ₹2,00,000
Monthly interest rate 3.75% / month 3.75% / month
Fuel benefit
1% surcharge waiver vs 1% surcharge waiver · ₹500–₹4,000 transactions · ₹250/month waiver cap · Fuel rewards excluded
 1% surcharge waiver 1% surcharge waiver · ₹500–₹4,000 transactions · ₹250/month waiver cap · Fuel rewards excluded
Rewards
Base earn
1 EDGE Miles / ₹150 vs 0.8 pts / ₹100
 1 EDGE Miles / ₹150 0.8 pts / ₹100
Conservative base value
~0.7% vs ~0.8%
 ~0.7% ~0.8%
Earn ceiling
600 EDGE Miles per month; at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend vs 750 points per statement cycle; at 4 pts / ₹100, this lane reaches the cap at ₹18,750 of eligible spend
 600 EDGE Miles per month; at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend 750 points per statement cycle; at 4 pts / ₹100, this lane reaches the cap at ₹18,750 of eligible spend
Point value (headline channel)
Issuer headline redemption rate — see each card page for the full channel grid.
 ₹1 ₹1
Point validity
Only available for IRCTC SBI Card Premier
 Not specified 2 years

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.

Related comparisons

Next useful checks

Axis Bank IndianOil Axis Bank Premium RuPay

Verify with issuer , opens external site

SBI Card IRCTC SBI Card Premier

Verify with issuer , opens external site
Data refreshed through 3 Sept 2026 moneymatters.cards Current Money Matters snapshot
Important

Data compiled from issuer and public information. Details may change — verify with issuer. Reference data, not financial advice.

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