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 SBI SimplySAVE
Side-by-side comparison of the Axis Bank IndianOil Axis Bank Premium RuPay and the SBI Card SimplySAVE. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
Pick IndianOil Axis Bank Premium RuPay for rewards and UPI payments.
SimplySAVE costs ₹501 less a year but waives only at ₹1,00,000 spend, IndianOil Axis Bank Premium RuPay at ₹30,000.
Head-to-head
- Annual fee Annual fee outcome: tie. ₹501/yr apart · waiver gates differIndianOil Axis Bank Premium RuPay ₹1,000 Waivable at ₹30,000 spendSimplySAVE ₹499 Waivable at ₹1,00,000 spend
- Forex markup Forex markup outcome: tie. IndianOil Axis Bank Premium RuPay 3.5%SimplySAVE 3.5%
- Domestic lounge Domestic lounge outcome: insufficient data to compare. IndianOil Axis Bank Premium RuPay 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹50,000 spend in the previous 3 calendar monthsSimplySAVE No complimentary lounge access
- Rewards Rewards outcome: IndianOil Axis Bank Premium RuPay wins. conservative base valueIndianOil Axis Bank Premium RuPay ~0.7%SimplySAVE ~0.2%
- UPI payments UPI payments outcome: IndianOil Axis Bank Premium RuPay wins. IndianOil Axis Bank Premium RuPay Supports UPISimplySAVE No UPI support
Reward earning explained
1 pt / ₹150 · 10 pts / ₹150 on eligible departmental Stores, dining, grocery, and movies
Strong dataExample usage at this monthly spend
At ₹50k/month spend:
- IndianOil Axis Bank Premium: ~₹330/month at base rate
- SBI SimplySAVE: ~₹80/month at base rate
Illustrative only, using current base rates before caps.
All fields
| Field | IndianOil Axis Bank Premium RuPay Axis Bank | SimplySAVE SBI Card |
|---|---|---|
| Lounge Access | ||
| Domestic lounge visits spend-gated on some cards — see caveats 8/year (2 per quarter) vs No complimentary lounge access | 8/year (2 per quarter) | No complimentary lounge access |
| 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 ₹1,00,000 | ₹30,000 | ₹1,00,000 |
| 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 1% surcharge waiver · ₹400+ transactions vs Surcharge waiver available · ₹500–₹3,000 transactions · ₹100/month waiver cap · Fuel rewards excluded | 1% surcharge waiver · ₹400+ transactions | Surcharge waiver available · ₹500–₹3,000 transactions · ₹100/month waiver cap · Fuel rewards excluded |
| Rewards | ||
| Points per ₹150 1 EDGE Miles / ₹150 vs 1 pt / ₹150 | 1 EDGE Miles / ₹150 | 1 pt / ₹150 |
| 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 5,000 points per month — shared across Departmental Stores, Dining, Grocery & Movies | 600 EDGE Miles per month at 6 EDGE Miles / ₹150, this lane reaches the cap at ₹15,000 of eligible spend | 5,000 points per month — shared across Departmental Stores, Dining, Grocery & Movies |
| Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. ₹1 vs ₹0.25 | ₹1 | ₹0.25 |
| Point validity Only available for SBI SimplySAVE | 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.
Axis Bank IndianOil Axis Bank Premium RuPay
Verify with issuer , opens external siteSBI Card SimplySAVE
Verify with issuer , opens external site