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Revaluation Indian Oil Axis Bank Premium Credit Card Announced

shashankverma

TF Premier
Axis is converting Citi Indian Oil Credit Card to Indian Oil Axis Bank Premium Credit Card
Full Feature details can be found here
https://www.axisbank.com/retail/cards/credit-card/indianoil-premium-credit-card
AXISIOCL can be applied on Zomato for 30% off on orders above 200 (Max 150 discount)
2 Lounge access per quarter without any spend requirements.
Axis card will be LTF for Citi LTF holders
For the rest, waiver requirement remains 30k

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Post the migration, you will enjoy a combined credit limit across all your Citi-branded Credit Card(s) and Axis Bank Credit Card(s). Click here to know more.​
Refer to attached PDF
"Annual fee of INR 1000 and the spends based fee waiver eligibility is not applicable to customers who have been swapped / migrated to IndianOil Axis Bank Premium from another credit card prior to 31st Jul 2024. In case your card has been swapped / migrated to the IndiaOil Axis Bank Premium credit card prior to 31st July 2024 please refer to communication shared on your registered contact details at the time of your swap / migration"

EazyDiner discount once a month.
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Reward points reflects as Miles on Axis Mobile app.
Redemption is 1:1, just click on redemption link in sms that you receive after making payment, every mile point is worth Rs 1 and 0 redemption fee. It takes 1 min to credit the redeemed amount against CC outstanding.
 

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Please also answer whether the IO Premium card can be used at all IO outlets on any machine to earn 6x rewards? Or we need to find outlets listed on their sheet and also ask them to use specific machines only?
I guess the redemption is via SMS to primary cardholder's number after filling fuel?
All Indian oil outlets that have Indian Oil logo on POS screen.
You should not swipe on Paytm machine if you want RP
Always swipe on Icici or Fiserv POS for RPs
137
Can anyone confirm if I can still use my converted citi indian oil points to redeem for petrol at indian oil petrol pumps?

1. is it still 1:1 for indian oil petrol/
2. what is the redemption process
 
is it working now, i see my card working in Swiggy only and not on Zomato, whom to raise to get this fixed. Also am contemplating to close this card, although LTF, I do not have much use
Mine is Master card, migrated from Citi. After complaining to Axis bank it is now working on Zomato but for me it never worked on swiggy.
 
I just realised that we get 2 Lounge access per quarter on this card without any spends.
Check yours on Dreamfolks Web
 
When I have asked Axis about the spend criteria and fee waiver - I have received an email from then stating I need to spend 3,50,000 INR in a calendar year for fee waiver seems its a typo so I have sent again email to them and that reply also the same 🙁 I Hope its 35,000 INR right ?
 
Looks like missed last few updates in this thread... both the below points were covered above...
AXISIOCL code is now working in Zomato...
Also lounge access without any spend limits.... not sure when the deval occurs....
 
Looks like missed last few updates in this thread... both the below points were covered above...
AXISIOCL code is now working in Zomato...
Also lounge access without any spend limits.... not sure when the deval occurs....
Axisiocl is working on Zomato for me without any issues.
Long back I raised complaint when it wasn’t working and it got resolved
 
are points being credited at al IndianOil outlets for all machines? Also, the reward rate is 6 rewards for Rs 150, which seems to be about 1%? Earlier it was about 3% with Citi IndianOil card.
 
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