IndianOil Axis Bank Premium vs IDFC FIRST Power+
Full side-by-side comparison based on verified card data. Updated April 2026.
Quick Verdict
IDFC FIRST Power+ Credit Card wins 4 of 8 dimensions with a CardTrail Score of 7.2/10 vs 6.7/10.
| Feature | IndianOil Axis Bank Premium | IDFC FIRST Power+ |
|---|---|---|
| CardTrail Score | 6.7/10 | 7.2/10 |
| Annual Fee | ₹500 | ₹499 |
| Base Reward Rate | 0.5% | 0.5% |
| Max Reward Rate | 4% | 3% |
| Forex Markup | 3.5% | 1.99% |
| Domestic Lounges | 0 | 4 |
| International Lounges | 0 | 0 |
| Fuel Surcharge Waiver | Yes | Yes |
| Network | RuPay | Visa |
When to Choose IndianOil Axis Bank Premium
- You can meet the fee waiver condition: Spend ₹3.5L/year
- You want higher rewards — up to 4% vs 3%
- Your primary spend is: fuel, beginner
When to Choose IDFC FIRST Power+
- You can meet the fee waiver condition: Spend ₹1L/year
- You travel internationally — saves ₹1,510/year on ₹1L forex spend
- Airport lounge access matters — 4 domestic visits
- Your primary spend is: fuel, cashback
Forex Cost Comparison
On ₹1,00,000 annual international spending: IndianOil Axis Bank Premium costs ₹4,130 in forex fees vs IDFC FIRST Power+ at ₹2,348. You save ₹1,782/year with IDFC FIRST Power+.
Annual Fee Value Analysis
To break even on IndianOil Axis Bank Premium's ₹500 fee at 0.5% rewards, spend ₹8,333/month.
To break even on IDFC FIRST Power+'s ₹499 fee at 0.5% rewards, spend ₹8,317/month.