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Side-by-Side Comparison|Updated April 2026

IndianOil Axis Bank Premium Credit Card vs ICICI Bank HPCL Super Saver Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

Axis Bank

IndianOil Axis Bank Premium Credit Card

8/10
Annual Fee₹1,000
Base Rewards0.13333333333333336%
NetworkVisa
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ICICI Bank

ICICI Bank HPCL Super Saver Credit Card

7.2/10
Annual Fee₹500
Base Rewards0.5%
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Feature-by-Feature Comparison

FeatureIndianOil Axis Bank Premium Credit CardICICI Bank HPCL Super Saver Credit Card
Annual Fee₹1,000₹500
Joining Fee₹1,000₹500
Fee Waiver Spend₹1,00,000₹1,50,000
Base Reward Rate0.13333333333333336%0.5%
Reward CurrencyEDGE MilesICICI Bank Reward Points
NetworkVisaVisa
Editor Rating8/107.2/10
Forex Markup3.5%3.5%

Accelerated Rewards

IndianOil Axis Bank Premium Credit Card

  • 0% on Fuel (IOCL) — 15000 pts/month
  • 0% on Grocery & Supermarket — 5000 pts/month

ICICI Bank HPCL Super Saver Credit Card

  • 1.25% on Fuel (HPCL) — 200 pts/month
  • 1.25% on Utilities & Groceries — 400 pts/month
  • 0.38% on HP Pay App Fuel

Pros & Cons

IndianOil Axis Bank Premium Credit Card

Pros

  • 4% value back on IOCL fuel spends with a high monthly cap of ₹15,000.
  • 1:1 redemption ratio for EDGE Miles against fuel at IOCL outlets.
  • 2 complimentary domestic lounge visits per quarter (subject to spend criteria).
  • 30% discount on Zomato food delivery twice a month.

Cons

  • Requires ₹50,000 spend in the previous quarter for lounge access.
  • Low base reward rate of 0.67% on general spends.
  • Reward exclusions on rent, insurance, utilities, and government payments.

ICICI Bank HPCL Super Saver Credit Card

Pros

  • 5% total value back on fuel at HPCL outlets (4% cashback + 1% surcharge waiver).
  • Accelerated 5% rewards on groceries, departmental stores, and utility bills.
  • Complimentary 24x7 Roadside Assistance (RSA) for vehicle breakdowns.
  • Low annual fee of ₹500 with a reachable waiver threshold of ₹1.5 lakh.

Cons

  • Monthly cashback on fuel is capped at a low ₹200.
  • Accelerated rewards on utilities and groceries capped at 400 points (₹100 value) per month.
  • High spend requirement of ₹75,000 per quarter for domestic lounge access.

Our Verdict

IndianOil Axis Bank Premium Credit Card edges ahead overall with a stronger combination of rewards and value. However, ICICI Bank HPCL Super Saver Credit Card could be the better pick if its specific category strengths match your spending habits.

Choose IndianOil Axis Bank Premium Credit Card if

Offers significant 4% value back on fuel with a generous ₹15,000 monthly cap.

Choose ICICI Bank HPCL Super Saver Credit Card if

Ideal for those spending ₹4,000-₹5,000 monthly on fuel at HPCL to maximize the 5% value back.

Frequently Asked Questions

Which is better: IndianOil Axis Bank Premium Credit Card or ICICI Bank HPCL Super Saver Credit Card?
IndianOil Axis Bank Premium Credit Card edges ahead overall with a stronger combination of rewards and value. However, ICICI Bank HPCL Super Saver Credit Card could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between IndianOil Axis Bank Premium Credit Card and ICICI Bank HPCL Super Saver Credit Card?
IndianOil Axis Bank Premium Credit Card has an annual fee of ₹1,000, while ICICI Bank HPCL Super Saver Credit Card has an annual fee of ₹500. IndianOil Axis Bank Premium Credit Card offers a fee waiver on ₹1,00,000 annual spend. ICICI Bank HPCL Super Saver Credit Card offers a fee waiver on ₹1,50,000 annual spend.
Which card has better rewards: IndianOil Axis Bank Premium Credit Card or ICICI Bank HPCL Super Saver Credit Card?
IndianOil Axis Bank Premium Credit Card offers a base reward rate of 0.13333333333333336% with accelerated rewards on Fuel (IOCL) and Grocery & Supermarket. ICICI Bank HPCL Super Saver Credit Card offers 0.5% base rewards with bonuses on Fuel (HPCL) and Utilities & Groceries. The better choice depends on your primary spending categories.
Can I have both IndianOil Axis Bank Premium Credit Card and ICICI Bank HPCL Super Saver Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. IndianOil Axis Bank Premium Credit Card and ICICI Bank HPCL Super Saver Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: IndianOil Axis Bank Premium Credit Card or ICICI Bank HPCL Super Saver Credit Card?
For beginners, ICICI Bank HPCL Super Saver Credit Card may be more approachable with a lower annual fee of ₹500. However, evaluate based on your expected spending pattern rather than fee alone.

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