Axis bank providing Indian oil credit card Ltf for a limited period

I already have Myzone LTF. Can I get this? Did anyone try? 

neo13 wrote:

I already have Myzone LTF. Can I get this? Did anyone try? 

During previous myzone ltf offer many ppl holding ltf flipkart card failed to get that(some also got it but it seems they were in minority) but no harm in trying if not worried about cibil score.

guest_999 wrote:

During previous myzone ltf offer many ppl holding ltf flipkart card failed to get that(some also got it but it seems they were in minority) but no harm in trying if not worried about cibil score.

Yeah. But the reviews of this card are bad. But no I think if it's LTF, then no harm in getting a fuel card. 

Any better alternative for fuel other than this? LTF most preferred. 

neo13 wrote:

Yeah. But the reviews of this card are bad. But no I think if it's LTF, then no harm in getting a fuel card. 

Any better alternative for fuel other than this? LTF most preferred. 

Sbi bpcl/octane. Not ltf

Annual fees will be waived upon spending 50000 per year? Or without spending there is no annual fee? 

I have applied yesterday which shown 0 for both joining and annual as below screenshot. So this card is lifetime free?

Update once anyone gets pls

Check tnc Rewards redemption fee

Ah, not again, not touching any axis card till offer for FK LTF...

neo13 wrote:

Yeah. But the reviews of this card are bad. But no I think if it's LTF, then no harm in getting a fuel card. 

Any better alternative for fuel other than this? LTF most preferred. 

Icici hpcl is ltf

Golden_bhidu wrote:

Icici hpcl is ltf

Is it so? How to apply? I already hold MMT platinum of ICICI. 

anon2 wrote:
Annual fees will be waived upon spending 50000 per year? Or without spending there is no annual fee? 

I have applied yesterday which shown 0 for both joining and annual as below screenshot. So this card is lifetime free?

Yes

Most of the time, Petrol Pumps levy a Fuel Surcharge if you make payment via Credit Card. In general, this is 2%.  However, most companies waive off 1%, You still need to pay 1% from your pocket. Unless you have a card that pays you to reward points on Fuel Spends, it makes sense to pay via UPI or RuPay Debit Cards.

Till Now, I was using a Slice card as it completely waived off the charges. However, Slice is closing now, and I am considering switching to My SBI IndianOil Rupay Debit Card which would give me 0.75% reward points.

I have considered other cards like Axis IndianOil and SBI BPCL, but their Terms and Conditions are complex, and it makes sense to get them only if you have a petrol pump nearby satisfying their TnCs.?

Happy to hear thoughts from other dimers.

PS: I spend around 8000Rs on Petrol every month.

aggrox wrote:

Most of the time, Petrol Pumps levy a Fuel Surcharge if you make payment via Credit Card. In general, this is 2%.  However, most companies waive off 1%, You still need to pay 1% from your pocket. Unless you have a card that pays you to reward points on Fuel Spends, it makes sense to pay via UPI or RuPay Debit Cards.

Till Now, I was using a Slice card as it completely waived off the charges. However, Slice is closing now, and I am considering switching to My SBI IndianOil Rupay Debit Card which would give me 0.75% reward points.

I have considered other cards like Axis IndianOil and SBI BPCL, but their Terms and Conditions are complex, and it makes sense to get them only if you have a petrol pump nearby satisfying their TnCs.?

Happy to hear thoughts from other dimers.

PS: I spend around 8000Rs on Petrol every month.

You mean the bill amount will change when you give credit card at the end ? I am not exactly sure how this surcharge thing works and trying to understand. I'll always get petrol at my nearby Indian oil petrol station and when the bill comes to 3540(for example), then i handover my credit card and same amount gets posted to it. I'm wondering how surcharge works here.

What happens if we have one Ltf axis card (FK axis) and apply for another Ltf card ??

whyareyouhere wrote:
You mean the bill amount will change when you give credit card at the end ? I am not exactly sure how this surcharge thing works and trying to understand. I'll always get petrol at my nearby Indian oil petrol station and when the bill comes to 3540(for example), then i handover my credit card and same amount gets posted to it. I'm wondering how surcharge works here.

Okay, So this is how it works:

I purchased petrol via my Slice Card for 3141. However, the amount I was charged for was 3141+2%

Since Slice waived it off I had to pay only 3141.

Considering your case, If you are getting fuel for 3540. You would be charged for 3610.8.

Since most of the cards waive 1% off, I expect you would see 3575.40 rs in your credit card statement.

In the end, You may end up paying 35₹ more.

https://www.axisbank.com/Docs/Default-Source/De...

As per this doc, even Indian Oil card will not accrue edge rewards on Fuel. I assume, this card can still get reward points in Indian Oil outlets, or else what use this will be of?

aggrox wrote:

Most of the time, Petrol Pumps levy a Fuel Surcharge if you make payment via Credit Card. In general, this is 2%.  However, most companies waive off 1%, You still need to pay 1% from your pocket. Unless you have a card that pays you to reward points on Fuel Spends, it makes sense to pay via UPI or RuPay Debit Cards.

Till Now, I was using a Slice card as it completely waived off the charges. However, Slice is closing now, and I am considering switching to My SBI IndianOil Rupay Debit Card which would give me 0.75% reward points.

I have considered other cards like Axis IndianOil and SBI BPCL, but their Terms and Conditions are complex, and it makes sense to get them only if you have a petrol pump nearby satisfying their TnCs.?

Happy to hear thoughts from other dimers.

PS: I spend around 8000Rs on Petrol every month.

Use junio card... Physical card for only 1 rs.. Limit 10000 per month... Load money via upi u will get 2% cashback... And fuel surcharge is completely waived off.. It gets cut initially.. But after 1-2 days... Surcharge plus gst is refunded... 

batmanBABA wrote:

Use junio card... Physical card for only 1 rs.. Limit 10000 per month... Load money via upi u will get 2% cashback... And fuel surcharge is completely waived off.. It gets cut initially.. But after 1-2 days... Surcharge plus gst is refunded... 

Thanks. I see that Wallet load would give 1% and not 2% on their website.

neo13 wrote:

https://www.axisbank.com/Docs/Default-Source/De...

As per this doc, even Indian Oil card will not accrue edge rewards on Fuel. I assume, this card can still get reward points in Indian Oil outlets, or else what use this will be of?

Lol., karthik calling karthik. Typical axis locha.. 

neo13 wrote:

Is it so? How to apply? I already hold MMT platinum of ICICI. 

Go to imobile and apply for a new card section it will take you credit cards page. You will find the card. 

Or call cust care. Once the card is approved both will have shared limits. 

Which is better citi iocl or axis iocl?

aggrox wrote:
Thanks. I see that Wallet load would give 1% and not 2% on their website.

Wallet load 1% and card swipe at petrol pump or any store... 2%... So total 3%

batmanBABA wrote:

Wallet load 1% and card swipe at petrol pump or any store... 2%... So total 3%

with junio?

aggrox wrote:

Most of the time, Petrol Pumps levy a Fuel Surcharge if you make payment via Credit Card. In general, this is 2%.  However, most companies waive off 1%, You still need to pay 1% from your pocket. Unless you have a card that pays you to reward points on Fuel Spends, it makes sense to pay via UPI or RuPay Debit Cards.

Till Now, I was using a Slice card as it completely waived off the charges. However, Slice is closing now, and I am considering switching to My SBI IndianOil Rupay Debit Card which would give me 0.75% reward points.

I have considered other cards like Axis IndianOil and SBI BPCL, but their Terms and Conditions are complex, and it makes sense to get them only if you have a petrol pump nearby satisfying their TnCs.?

Happy to hear thoughts from other dimers.

PS: I spend around 8000Rs on Petrol every month.

Petrol cards are anyday better for your use case. And ur post abt surcharge is wrong i guess.normal surcharge is only one percent and so many cards waive it. I hold a BPCL octane card which gives 6.25% back excluding the 1% back. Any bp petrol pumps usage gives 6.25% and agreed redemption is only thru some of them bunk, but they can be done once in few months also. For ur case scenario of 8k a month it gives back it gives 350 back a month after deducting annual fee. If u spend 2 lakh a month in that card, it becomes 500 back a month. For first year u get 1500 rs worth reward points.  See below screenshot for surcharge percent

anon2 wrote:
Annual fees will be waived upon spending 50000 per year? Or without spending there is no annual fee? 

I have applied yesterday which shown 0 for both joining and annual as below screenshot. So this card is lifetime free?

I too applied, showed 0 annual and joining fee, vkyc and aadhaar verification done. No idea about status, no request tracking info received. Did you get to another screen after vkyc?

noobDealer wrote:
I too applied, showed 0 annual and joining fee, vkyc and aadhaar verification done. No idea about status, no request tracking info received. Did you get to another screen after vkyc?

As am axis account holder so no vkyc was done for me. I got application Id via sms and also approved sms instantly.

I hold magnus and select hold priority account and they rejected my myzone application last month. Scared to even apply

@ankitify would you mind sharing your sbi account type code? It is shown in netbanking account show last 10 transactions link. Something like "SBGEN-XXX-XXX". Need to check which type Indian oil rupay dc can be issued, didn't work on my ac, had to go for JCB dc.

noobDealer wrote:
with junio?

Yes... Offer changes every month.. Total profit ranges from 2% to 5% in some months