American Express Membership Rewards Credit Card vs AXIS Bank IOCL Rupay Credit Card

• Annual Membership Renewal Fee Waived if total spends on American Express Credit Card is Rs.1,50,000 and above; else 50% annual membership renewal fee will be waived off if total spends is Rs.90,000 to Rs.1,49,999
• Earn 1,000 Bonus Membership Rewards Points for simply using your Card 4 times on transactions of Rs. 1,000 and above every month
• Earn 5,000 Membership Rewards Points upon First Year Card Renewal, on payment of Annual Membership Fee. Points to be credited within 90 days of Card renewal
• Redeem Points from the fabulous 18 and 24 Karat Gold Collection
• Exciting Discounts of up to 20% every time you dine at select restaurants

• 100% cashback, up to Rs. 250, on all fuel spends within first 30 days of card issuance
• Earn 20 Reward Points per Rs. 100 on fuel spends on IOC Terminal
• 5 reward points per Rs. 100 spent on Online Shopping (basis MCC). Minimum transaction size eligible: Rs. 100
• 1 rewards points per Rs. 100 spent on all other spends. Maximum eligible spends 5000/month
• 1% Fuel surcharge waiver is applicable for fuel spends between Rs. 200 to Rs 5000
• Annual Fee waived off if spends more than Rs. 50000 per year
• 10% instant discount for movie ticket booked via BookMyshow website
• Enjoy up to 15% Discount on partner Restaurants via EazyDiner

Pros

• Use your American Express Credit Card for your next big purchase & pay in EMI
• Fuel Convenience Fee Waiver
• One of the highest point to INR conversion rates in the market

Cons

• No Golf/coaching sessions
• No complimentary Airport Lounge access
• High Renewal Fee

Pros

• 100% cashback, up to Rs. 250, on all fuel spends within first 30 days of card issuance 
• 10% instant discount for movie ticket booked via BookMyshow website
• 20 reward points per Rs. 100 on fuel spends on IOC Terminal

Cons

• No International Airport Lounge access
• No Golf benefits
• No travel miles benefits