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Axis IOCL Credit Card vs SBI Cashback Credit Card

Honest side-by-side comparison of Axis IOCL Credit Card, SBI Cashback Credit Card — annual fees, reward rates, income eligibility, and estimated net annual value on the same spend profile.

Same spend profile for all cards. How we calculate net annual value

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Spend assumptions

All cards use the same monthly spend profile. Saved spends from the quiz or a card page load automatically.

Axis IOCL Credit Card

Axis Bank

SBI Cashback Credit Card

SBI Card

Your adjusted comparison

Feature
Axis IOCL Credit Card

Axis IOCL Credit Card

Axis Bank

SBI Cashback Credit Card

SBI Cashback Credit Card

SBI Card

Fees & eligibility
Annual fee₹500₹999
Fee waiver thresholdNo waiver publishedWaived at ₹2,00,000/yr spend
Min income₹25,000/mo₹25,000/mo
Secured / FD-backedStandardStandard
Rewards
Net annual value (moderate)₹910/yr₹5,520/yr
Online shopping—₹8,000 × 5% = ₹400/mo (₹4,800/yr) · issuer max ₹2,000/mo
Groceries (offline)₹5,000 → 200 pts/mo × ₹0.20/pt = ₹40/mo (₹480/yr)—
Fuel₹3,000 → 600 pts/mo × ₹0.20/pt = ₹120/mo (₹1,440/yr) · issuer max ₹5,000/mo—
Top reward rate20 Edge Miles/₹1005%
Primary reward cap₹5,000 eligible spend/mo₹2,000 rewards/mo cap
UPI rewardsNot supported (Visa/MC)Not supported (Visa/MC)
Key exclusionsNon-IOCL fuel · EMI · RentFuel · Utilities · Insurance · Rent · Wallet loads
Bonuses
Signup bonus——

Stack mode (hold both)

Cap-aware split: ~₹6,370/yr combined NAV (₹850 vs best solo). Both annual fees apply.

Axis IOCL Credit Card details →SBI Cashback Credit Card details →

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Reference summary

At a glance (moderate spend)

Quick verdict: On moderate spend, SBI Cashback Credit Card leads Axis IOCL Credit Card by about ₹4,610/yr in estimated net value.

Spend assumptions for this table

Moderate user spend profile · ₹31,000/mo

₹31,000/month total spend — typical India user

Online ₹8,000 · Groceries ₹5,000 · Other ₹4,000 · Dining ₹3,500 · Bills ₹3,500

Axis IOCL Credit Card vs SBI Cashback Credit Card comparison table
FeatureAxis IOCL Credit Card

Axis Bank

SBI Cashback Credit Card

SBI Card

Fees & eligibility
Annual fee₹500₹999
Fee waiver thresholdNo waiver publishedWaived at ₹2,00,000/yr spend
Min income₹25,000/mo₹25,000/mo
Secured / FD-backedStandardStandard
Rewards
Net annual value (moderate)₹910/yr₹5,520/yr
Online shopping—₹8,000 × 5% = ₹400/mo (₹4,800/yr) · issuer max ₹2,000/mo
Groceries (offline)₹5,000 → 200 pts/mo × ₹0.20/pt = ₹40/mo (₹480/yr)—
Fuel₹3,000 → 600 pts/mo × ₹0.20/pt = ₹120/mo (₹1,440/yr) · issuer max ₹5,000/mo—
Top reward rate20 Edge Miles/₹1005%
Primary reward cap₹5,000 eligible spend/mo₹2,000 rewards/mo cap
UPI rewardsNot supported (Visa/MC)Not supported (Visa/MC)
Key exclusionsNon-IOCL fuel · EMI · RentFuel · Utilities · Insurance · Rent · Wallet loads
Bonuses
Signup bonus——

Frequently asked questions

Which card has the lower annual fee?
Axis IOCL Credit Card has the lowest annual fee at ₹500.
Which card earns more on moderate spend?
SBI Cashback Credit Card leads with an estimated ₹5,520/yr net annual value on moderate spend.
Which card has the lower income requirement?
Axis IOCL Credit Card lists a minimum monthly income of ₹25,000.
Does this comparison pull my credit score?
No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

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