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 Axis Salary Accounts Lifetime Free IOCL RuPay Credit card + Rs1000 benefit

Axis Salary Accounts Lifetime Free IOCL RuPay Credit card + Rs1000 benefit

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Axis Salary accounts get Lifetime Free IOCL RuPay Credit card + Rs1000 benefit:

dtdr6y

For Axis Bank IOCL RuPay Credit Card

Axis Bank’s Indian Oil RuPay Credit Card is a co-branded fuel credit card issued by Axis Bank in partnership with IOCL. It comes with an annual fee of Rs. 500, but if you have your salary account in Axis Bank, you can get this card for free now. All the benefits of the card remain unchanged and you even get additional cashback within the first 31 to 60 days. The card offers a reward rate of up to 20 Edge Rewards on every spend of Rs. 100 on fuel and up to 5 Edge Rewards on other categories. So, it is not at all a bad deal to get this card as lifetime free.

However, the offer is only applicable to IOCL Credit Cards issued on the RuPay network. Along with the waiver of joining/annual fees, cardholders get the following benefits as well:

– Get Rs. 500 cashback on the first two fuel transactions (cashback of up to Rs. 250 on each transaction) made via the IOCL Axis Bank Credit Card within the first 31 to 60 days from the date of card issuance.

– The cardholders also get an Amazon gift voucher worth Rs. 500 on activating their card within the first 30 days after the issuance date.

Thanks to @ankurmittal for sharing the details.

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Deal Cadet Deal Cadet
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Using this and working perfectly, 1% GST waiver and 4% value RPs. But just received only 250 cashback and no amazon voucher. 

Deal's Advocate Deal's Advocate
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neo13 wrote:

Using this and working perfectly, 1% GST waiver and 4% value RPs. But just received only 250 cashback and no amazon voucher. 

GST waiver ? Didn't understand, please explain.

Also 4% value RP against Amazon or credit statement

Deal Cadet Deal Cadet
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neo13 wrote:

Using this and working perfectly, 1% GST waiver and 4% value RPs. But just received only 250 cashback and no amazon voucher. 

same. Got 250 one time cashback and no Amazon voucher
Deal Cadet Deal Cadet
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curiosityfreak2020980 wrote:

GST waiver ? Didn't understand, please explain.

Also 4% value RP against Amazon or credit statement

Sorry, it's surcharge waiver. 

If you fill 1000 worth fuel, your card gets charged 1011.8 and you'll get back 10.1. 1% surcharge and 18% GST on the surcharge. 

I haven't redeemed yet, but I can see amazon and Flipkart as of now in reward store. 

Deal's Advocate Deal's Advocate
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neo13 wrote:

Sorry, it's surcharge waiver. 

If you fill 1000 worth fuel, your card gets charged 1011.8 and you'll get back 10.1. 1% surcharge and 18% GST on the surcharge. 

I haven't redeemed yet, but I can see amazon and Flipkart as of now in reward store. 

Thanks
Like Magnet Like Magnet
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Can they give as 4th card?

Deal Cadet Deal Cadet
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Okay, but don't have salary account with axis

Deal Cadet Deal Cadet
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I have salary account with icici

Analyst Analyst
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sb007 wrote:

Can they give as 4th card?

+1

Deal Newbie Deal Newbie
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I have salary acc with standard chartered

Deal Newbie Deal Newbie
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Strange but it shows 50000 in annual spend for the fee waiver. Did anyone else see this? It's in the know more link.IMG20230131204500

Deal Newbie Deal Newbie
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Good card for me blush

Cool Cool
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arjungupta03812 wrote:

I have salary account with icici

same question?

Post Tycoon Post Tycoon
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For earlier IOCL credit card I have not received the Amazon gift voucher of Rs 500 and also 250 rupees extra cashback for fuel refill.{recieved only 250cb}. What to do? In nov 2022 i applied for card and did the transaction almost in same month btwn nov 20 to nov 25,2022

Deal Cadet Deal Cadet
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callme_shri wrote:

For earlier IOCL credit card I have not received the Amazon gift voucher of Rs 500 and also 250 rupees extra cashback for fuel refill.{recieved only 250cb}. What to do? In nov 2022 i applied for card and did the transaction almost in same month btwn nov 20 to nov 25,2022

Call customer care and tell them you want to close account as cashback promised not provided.

Deal Newbie Deal Newbie
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neo13 wrote:

Using this and working perfectly, 1% GST waiver and 4% value RPs. But just received only 250 cashback and no amazon voucher. 

You will recieve another 250 for the transaction done after 30 days.

Post Tycoon Post Tycoon
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arjungupta03812 wrote:

Call customer care and tell them you want to close account as cashback promised not provided.

They said to clear the out standing bill so that they can close flushed
Deal Cadet Deal Cadet
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callme_shri wrote:
They said to clear the out standing bill so that they can close flushed
Very bad. I guess you can try after clearing bill and if they say that they will close then cancel the close request.

Then send email to them and loop rbi Ombudsman regarding this
Post Tycoon Post Tycoon
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arjungupta03812 wrote:
Very bad. I guess you can try after clearing bill and if they say that they will close then cancel the close request.

Then send email to them and loop rbi Ombudsman regarding this
If you have that poster stating 500 Amazon voucher and 250 + 250 cashback please share it here
Deal Newbie Deal Newbie
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neo13 wrote:

Using this and working perfectly, 1% GST waiver and 4% value RPs. But just received only 250 cashback and no amazon voucher. 

How are you getting 4% RPs? Does it need specific POS machine?

I got 250 cb but now every time do fuel txn on every other Iocl pump, i only see 1% SW, no 4% in app txn details

Firestorm Firestorm
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Why do i see more than 1% surcharge on my card? Thats why i stopped using this card.

Supposed I filled 1k worth of fuel i see 1023.xx in my statment. And rebate only 1% ?

Edit - I will try again with Rs.100 of petrol.

Deal Newbie Deal Newbie
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I applied in first week of January and this is what they show me after all the details added.

In welcome letter mentioned that joining and annual fees is zero

I did transaction on iocl I got the rs. 250 cashback.

I got the welcome call later on and she mentioned that I will get another 250 when I will transact at IOCL after 30 days. That's sums up to 500

However she wasn't aware and denied about 500 amazon voucher. I think it says amazon voucher will be given within 60 days of activation so let's wait.

I have axis bank salary account and already having 2 axis cards (platinum and Flipkart axis)

IMG20230131215901
Deal Newbie Deal Newbie
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daydeals wrote:

Why do i see more than 1% surcharge on my card? Thats why i stopped using this card.

Supposed I filled 1k worth of fuel i see 1023.xx in my statment. And rebate only 1% ?

Edit - I will try again with Rs.100 of petrol.

Not for me i used on iocl pump for rs. 1000 and debit amount was 1011.8 and credit was rs 10.01

Deal Cadet Deal Cadet
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I don't even have Account in Axis bank but still got this card as LTF.

Finance Mentor Finance Mentor
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sb007 wrote:

Can they give as 4th card?

Which 3 cards you have bro
Deal Newbie Deal Newbie
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manish2410773 wrote:
I applied in first week of January and this is what they show me after all the details added.

In welcome letter mentioned that joining and annual fees is zero

I did transaction on iocl I got the rs. 250 cashback.

I got the welcome call later on and she mentioned that I will get another 250 when I will transact at IOCL after 30 days. That's sums up to 500

However she wasn't aware and denied about 500 amazon voucher. I think it says amazon voucher will be given within 60 days of activation so let's wait.

I have axis bank salary account and already having 2 axis cards (platinum and Flipkart axis)

IMG20230131215901

Can you click on know more pink link and let me know if you see the annual fee waiver on 50000 rs spent annually.

Deal Newbie Deal Newbie
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Come on I am not going to ruin my score just for 500 rs Cashback. SBI bpcl is better
Deal Newbie Deal Newbie
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rajatjuyal wrote:

Can you click on know more pink link and let me know if you see the annual fee waiver on 50000 rs spent annually.

Sorry bro. This screenshot I saved just for records. Can't access the link now

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