INDIAN OIL AXIS BANK CREDIT CARD

IndianOil Axis Bank Credit Card

 Activation Benefit – Terms & Conditions The customer can earn EDGE REWARDS up to 1250 on first fuel transaction performed on the credit card within first 30 days of card issuance. This is a one-time only offer and is valid only for first 30 days of card issuance. The welcome benefit offer is applicable only on Primary Card and not on add-on cards.

 Offer Terms & Conditions:

 a. Offer is applicable on fuel purchases only

 b. You can earn Edge Rewards up to 1250(only once)

 c. Only first fuel transaction performed within 30 days of card issuance is eligible for the offer

 d. Edge Rewards will be processed within 30 days of eligible transaction

 e. Transactions made on add-on card won’t be considered for the offer 

Examples: - Customers will get Welcome Benefit for eligible transactions at a rate of 5 Edge Rewards against every 1 Rupee spent up to a max spends of INR 250. 

E.g.1: - Transaction 1: Fuel: INR 100 

Transaction 2: Fuel: INR 400 Edge Rewards: 500 (First Fuel

 Transaction only i.e. INR 100*5= 500 Edge Rewards)

 E.g.2: - Transaction 1: Online Shopping: INR 200 

Transaction 2: Fuel: INR 150 Transaction 3: Fuel: INR 230 Edge Rewards: 750 (Only first fuel transaction i.e. INR 150*5=750 

Edge Rewards) E.g.3: - Transaction 1: Fuel: INR 500 Transaction 2: Fuel: INR 200 Edge Rewards: 1250 (Max Edge Rewards is 1250 only i.e. even if the 1st fuel txn amount is higher the max eligible spends will be INR 250 only: INR 250*5=1250 Edge Rewards)) 

E.g.4: - Transaction 1: Fuel: INR 200 (After 30 days of card issuance) Transaction 2: Fuel: INR 150 (After 30 days of card issuance) Edge Rewards: No welcome benefit since only fuel txns within first 30 days of issuance are considered.