IndianOil Axis Bank Premium vs SBI BPCL

Full side-by-side comparison based on verified card data. Updated April 2026.

Quick Verdict

Both cards score 6.7/10 — your spending pattern decides the winner.

Feature IndianOil Axis Bank Premium SBI BPCL
CardTrail Score 6.7/10 6.7/10
Annual Fee ₹500 ₹499
Base Reward Rate 0.5% 0.5%
Max Reward Rate 4% 4.7%
Forex Markup 3.5% 3.5%
Domestic Lounges 0 0
International Lounges 0 0
Fuel Surcharge Waiver Yes Yes
Network RuPay Visa/Mastercard

When to Choose IndianOil Axis Bank Premium

  • You can meet the fee waiver condition: Spend ₹3.5L/year
  • Your primary spend is: fuel, beginner

When to Choose SBI BPCL

  • You can meet the fee waiver condition: Spend ₹50K/year
  • You want higher rewards — up to 4.7% vs 4%
  • Your primary spend is: fuel, beginner

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 SBI BPCL's ₹499 fee at 0.5% rewards, spend ₹8,317/month.