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Comparison · हिन्दी

IDFC FIRST Power vs IndianOil Axis

Both cards compared on real rupee returns for best budget fuel credit card India HPCL vs IOCL IDFC vs Axis. We ran the numbers so you can make the right call.

Last updated: August 2026 · Based on current card terms
IDFC FIRST
POWER
ASHOK KUMAR
VS
AXIS
INDIANOIL
ASHOK KUMAR
Our verdict
IDFC FIRST Power Credit Card wins for most people
Card A wins with ₹2,800 annual benefit versus Card B's ₹1,732, delivering ₹1,068 more value. Its low fee and strong grocery/utility rewards make it ideal for balanced spenders.
Side-by-side comparison
IDFC FIRST Power Credit Card ✓ IndianOil Axis Bank Credit Card
Annual benefit ₹2,800 ₹1,732
Annual feeThe yearly fee a bank charges for holding the card, often waived if you spend enough in a year.Full definition → ₹199 + taxes (waived on ₹50,000/year spend) ₹500 + taxes (waived on ₹3,50,000/year spend)
Reward rateCashback pays you directly in rupees; reward points need converting first, and their real value depends on the redemption ratio.Full definition → 3.5% on HPCL fuel (21 RP per ₹150, capped ₹5,000/month); 2.5% on grocery and utility; 0.33% base; RuPay network 4% value back on IOCL fuel (20 EDGE points/₹100, capped ₹5,000/month); 1% on online shopping; 1% fuel surcharge waiver
Lounge accessFree entry to airport lounges, usually limited to a set number of visits per quarter or year.Full definition → None None on standard variant
Forex markupThe extra fee your bank adds on top of the real exchange rate for any spend in a foreign currency.Full definition → 3.5% 3.5%
Best for Budget HPCL fuel card with grocery and utility rewards at the lowest annual fee Regular Indian Oil fuel users wanting best cashback at IOCL pumps
Min. incomeThe minimum income, credit score, and other conditions a bank requires before approving your application.Full definition → ₹15,000/month (salaried) ₹15,000/month (salaried)
Credit scoreYour 3-digit credit score (300-900), higher scores make approval easier and can unlock better cards.Full definition → 650+ 700+
Apply now ↗ Full review →
Apply now ↗ Full review →
When each card wins
IDFC FIRST Power Credit Card
Choose Card A if you shop at HPCL pumps, need grocery and utility rewards, and spend over ₹50,000 yearly to waive fees. Best for balanced monthly spenders.
IndianOil Axis Bank Credit Card
Choose Card B only if you're exclusively an IOCL fuel user and spend over ₹3,50,000 annually to justify the high ₹500 fee. Limited appeal for most.
Who should get which card
Get IDFC FIRST Power if you…
· Lowest annual fee (₹199) with easy waiver at ₹50k/year spend
· 3.5% rewards on HPCL fuel plus strong 2.5% on groceries & utilities
· Better for diversified spending across fuel, groceries, and utilities
Get IndianOil Axis Bank if you…
· Exclusive IOCL fuel user with high annual spending
· 4% value back specifically at Indian Oil pumps
· 1% fuel surcharge waiver provides additional savings
Partner offer
RBL Bank IndianOil XTRA Credit Card
Heavy IndianOil fuel spenders who will redeem points at IndianOil pumps, not those wanting flexible cashback
Apply now →
RBL
ASHOK KUMAR

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Related guides
RBL Bank IndianOil XTRA vs IndianOil Axis Bank →IndianOil Axis Bank vs BPCL SBI →IDFC FIRST Power vs ICICI Bank HPCL Super Saver →IndianOil Axis Bank vs ICICI Bank HPCL Super Saver →Best Fuel Credit Cards →Best Credit Cards for Grocery Shopping →Best Credit Cards for Utility Bill Payments →
Frequently asked questions
Based on our analysis, IDFC FIRST Power Credit Card offers better annual returns for most spend profiles.
IDFC FIRST Power Credit Card has an annual fee of ₹199 + taxes (waived on ₹50,000/year spend). IndianOil Axis Bank Credit Card has an annual fee of ₹500 + taxes (waived on ₹3,50,000/year spend).
IDFC FIRST Power Credit Card offers 3.5% on HPCL fuel (21 RP per ₹150, capped ₹5,000/month); 2.5% on grocery and utility; 0.33% base; RuPay network. IndianOil Axis Bank Credit Card offers 4% value back on IOCL fuel (20 EDGE points/₹100, capped ₹5,000/month); 1% on online shopping; 1% fuel surcharge waiver.
IDFC FIRST Power Credit Card lounge access: None. IndianOil Axis Bank Credit Card lounge access: None on standard variant.
IDFC FIRST Power Credit Card charges 3.5% forex markup. IndianOil Axis Bank Credit Card charges 3.5% forex markup.