Axis Bank Myzone Credit Card - Features, Benefits, Fees & Charges

Axis Bank MyZone Credit Card (4.5)

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Love to binge-watch your favourite series and movies while snacking? Well, what if we told you that you could earn rewards for doing just that? With the Axis MyZone Credit Card, you can enjoy a BOGO offer on movie tickets, a free annual membership of SonyLiv, and a discount on every Swiggy order, all for a nominal joining fee and an annual fee of ₹500. Plus, you'll earn 4 Edge Reward Points on every ₹200 spent, which means a base reward rate of 0.4%. This card also comes with shopping discounts and free access to airport lounges. Read on to know more in detail. 👇

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Entertainment Benefit
  • Buy One Get One Free on movie tickets
    • Get 100% discount on the second movie ticket at Paytm Movies with your MY ZONE Credit Card
    • Maximum discount in a calendar month per customer is limited to ₹200.
    • Use coupon code AXIS200 to avail the benefit
    • No reward points are earned on movie transactions
  • SonyLiv Membership worth ₹999 on first spend within first 30 days of issuance.
Fuel Surcharge
  • 1% fuel surcharge waiver for fuel transactions made at any fuel station in India.
  • The exemption applies to card purchases between ₹400 and ₹4,000. The maximum fee waiver for each billing cycle is ₹400.
Shopping Benefit

₹1000 off at AJIO on a minimum spend of ₹2999, using coupon code AJIOAXISMZ.

Dining Benefit
  • Dining Delights with Eazy Diner
    • 15% off up to ₹500
    • Minimum Order Value ₹1500
    • Valid twice per card per month
Lounge Access

One Complimentary lounge access per quarter within India.

Reward Points
  • 4 EDGE reward points on every ₹200 spent.
  • Reward Rate- 0.4%
EMI Benefit

Convert your transactions of ₹2,500 and above into EMIs

Other Benefit
  • 40% off on food delivery on Swiggy with a cap of ₹120 per order at a minimum spend of ₹200, applicable 4 times a month.
Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹500

Annual Fee

₹500

Annual Percentage Rate

52.86%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.50%

Cash Advance Limit

40%

Card Replacement Fee

Nil

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹0.20
Late Payment Charges

Balance below ₹500

₹ 0

Balance from ₹501 to ₹5000

₹ 500

Balance from ₹5001 to ₹10000

₹ 750

Balance more than ₹10000

₹ 1200
Pros

Aspects that make this credit card amazing.

  1. Free Sony Liv Membership.
  2. Buy 1 Get 1 on movie tickets.
  3. This card comes with EMV certification secured by both a chip and a PIN for safe transactions.
  4. Fuel surcharge waiver at all fuel stations in India.
  5. It offers 40% off on Swiggy, making it a good option for Swiggy users.
Cons

Aspects this credit card lacks.

  1. This credit card has a high-interest rate.
  2. A balance transfer fee of 3% of the transferred amount is charged.
  3. A foreign fee of 3% of the transaction’s total cost is charged.
  4. Only 1 complimentary lounge access per quarter.
  5. No reward points on movie transactions.
  6. No welcome benefits offered.
Axis Bank MyZone Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(3.5)

Rewards

(3.5)

Customer Service

(3.5)

Axis Bank My Zone Credit Card Review

The point-based entry-level Axis Bank My Zone Credit Card has simple features. It is a good option for individuals looking for a flexible reward program, exclusive discounts, and offers on dining, shopping, and travel. However, this card comes with an annual fee after the first year of usage, high-interest rates, limited reward redemption options, and caps on offers. 

Additionally, the complimentary airport lounge access also has its own set of restrictions. 

It is best suited for people seeking an entry-level card with modest ongoing spending requirements or for premium and super premium credit cardholders seeking favourable dining privileges. However, an individual should consider all the pros and cons of this card against their spending habits and lifestyle to ascertain alignment before making a choice.

If you are looking for other credit cards that offer benefits similar to this one, you can refer to the cards mentioned below:
1. SBI SimplyCLICK Credit Card
2. HDFC Millennia Credit Card
3. Standard Chartered Super Value Titanium Credit Card

Overview

Best For                   Shopping and Entertainment                 
Joining Fee ₹500
Renewal Fee ₹500
Best Feature 4 EDGE Points on every ₹200 spent

Who should get an Axis My Zone Credit Card?

Answering this question is simple. This credit card will help the user save money and even earn rewards if they like watching movies, often eat out, and frequently fill up their vehicle. However, other cards do this task better. (Better rewards, no restrictions, etc.)

This could be a fantastic card if the user loves Axis Bank, conducts all their other banking there, and requires the red triangle emblem in the user's wallet. It is also suited for people who are foodies, as it not only provides a 40% discount on Swiggy but also 15% dining privileges under the Dining Delights program of Axis Bank.

How to apply for an Axis Bank My Zone Credit Card?

  • Visit select.finology.in and click on 'Credit Cards' tab.
  • Click on 'Card issuers'.
  • Click on the "Axis Bank" and choose Axis Bank My Zone Credit Card from the list.
  • Click on 'Apply Now'.
  • Fill out the application form with your personal and financial details.
  • Upload the required documents such as identity proof, address proof, and income proof.
  • Review the information and submit the application.
  • Wait for the bank to process and approve your application.
  • Once approved, the credit card will be dispatched to your registered address.

Alternatively, you can also visit your nearest Axis Bank branch and fill out a physical application form along with providing the necessary documents.

Rewards

REWARD MINIMUM SPEND
4 EDGE POINTS ₹200

Axis Bank My Zone Credit Card Eligibility 

Applicants must be at least 18 years of age and have a steady source of income to be eligible for a credit card.

Documents Required

  • Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.
Axis Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

Axis Bank

Axis Bank Credit Card Customer Care Number:

1860 419 5555 / 1860 500 5555.

Axis Bank Card Offers:

View Offers

Total Cards:

1,47,92,226
Axis Bank Credit Card News
31 May 2024, Friday
1. Migration of Citi Credit Cards to Axis Credit Cards- All You Need to Know.

As of 1 March 2023, Axis Bank has acquired all consumer banking services from Citibank, including credit cards. The full migration of Citi customers to Axis Bank is anticipated to be completed by 9 June 2024. Existing Citi cards will be substituted with new credit cards from Axis Bank. Below is a list of some of the rebranded cards:

  1. Citi Rewards will become the Axis Rewards Credit Card.

  2. IndianOil Citi Card will become the IndianOil Premium Axis Bank Credit Card.

  3. Citi PremierMiles will become the Axis Bank Horizon Credit Card.

Features of New Axis Bank Credit Cards

1. Axis Rewards Credit Card:

  • Joining/Annual Fee: Rs. 1,000 + GST
  • Welcome Benefits: 5,000 EDGE REWARDS on Rs 1,000+ spend within the first 30 days.
  • Earn up to 20 EDGE Reward Points for every Rs 125 spent.
  • 2 complimentary domestic lounge access.

2. IndianOil Premium Axis Bank Credit Card:

  • Joining/Annual Fee: Rs 1,000 + GST
  • Welcome Benefits: 500 EDGE Miles on the first transaction within 30 days.
  • Earn EDGE Miles for fuel, groceries, and other spends, redeemable at IOCL petrol pumps.
  • Quarterly complimentary domestic lounge access, Zomato discounts, and a fuel surcharge waiver.

3. Axis Bank Horizon Credit Card:

  • Joining/Annual Fee: Rs 3,000 + GST
  • Welcome Benefits: 5,000 EDGE Miles on Rs 1,000+ spent within the first 30 days.
  • Earn EDGE Miles for travel and other categories.
  • International and domestic lounge access, fuel surcharge waiver, EazyDiner discounts.

Post Migration

  • Existing rewards/miles will be converted to Axis Bank EDGE Rewards and/or EDGE Miles with unchanged monetary value.
  • Card number, CVV, annual fees, credit limit, and other details will remain the same.
  • Mandates and saved card information on merchant sites will not change.
  • EMIs and other obligations will be seamlessly transferred to the new Axis card.
13 Mar 2024, Wednesday
2. Axis Bank suspends reward redemptions for credit cards used for Business Spends

Axis Bank has suspended reward redemptions for some credit cardholders and is requesting invoices to verify travel spending. The bank believes that some cardholders are misusing reward points by using their cards for business expenses, which is against the terms of the cardholder agreement. Axis Bank says that this is a routine exercise to monitor suspicious spending, but some genuine cardholders have also been flagged. Experts recommend using separate business credit cards to avoid such problems.

29 Nov 2023, Wednesday
3. Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January, 2024.

Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January 2024. The main changes include:

  • No points for government and utility spending: Cardholders will no longer earn any Vistara Points on transactions made towards government dues, utility bills, and insurance premiums. These were previously high-yielding categories that contributed significantly to point accumulation.
  • Loss of monthly milestone benefit: The monthly milestone benefit of 25,000 Vistara Points will also be discontinued. This was a valuable benefit for cardholders who consistently spent a certain amount each month.
10 Oct 2023, Tuesday
4. Axis Bank and Fibe have partnered to launch India's first numberless credit card.

Axis Bank, has teamed up with Fibe (formerly EarlySalary) to introduce the country's first-ever numberless credit card tailored for the tech-savvy Generation Z demographic.

This innovative credit card offers heightened security by eliminating the conventional card number, expiry date, and CVV code typically printed on physical cards. This forward-thinking design is expected to reduce the risk of identity theft or unauthorized access to cardholders' information, ensuring the utmost in security and privacy. The card will be accessible to Fibe's extensive customer base, which exceeds 2.1 million individuals.

13 May 2023, Saturday
5. Axis Bank links Rupay credit cards with UPI.

Axis Bank has enabled linkage of RuPay Credit Cards with Unified Payments Interface (UPI). This means that Axis Bank customers can now use their RuPay Credit Cards to make payments through UPI. UPI is a real-time payment system developed by National Payments Corporation of India (NPCI). It allows users to make instant payments to any bank account in India with just a few taps on their phone.

11 Apr 2023, Tuesday
6. Axis Bank Credit Cards adds six new transfer partners to EDGE Rewards

Taking the number up to 19, Axis bank added 6 new transfer partners to its existing list. These include hotel networks Accor ALL & Wyndham Rewards, Star Alliance’s Air Canada’s Aeroplan & Thai Airways Royal Orchid Plus as well as Oneworld Alliance’s Japan Airlines JAL Mileage Bank & Qantas Frequent Flyer.

These 19 transfer partners are cumulatively a part of Axis bank’s reward program known as the EDGE Rewards.

Axis Bank MyZone Customer Reviews

Overall Rating

4

Based on 1 reviews

Rating Summary

5
0%
4
100%
3
0%
2
0%
1
0%

Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

No, the cardholder cannot earn reward points on fuel transactions; however, the cardholder is eligible for a fuel surcharge waiver.

Several ways to increase the Credit Card limit include using a mobile app, mobile banking, or SMS. Customers can also call the customer service number to request an increase in their credit limit.

There are several ways to apply for the Axis Bank My Zone Credit Card:

1) Online application (you can apply for the Axis Bank My Zone Credit Card through the official website);

2) Offline application (customers can visit their nearest branch and apply for the credit card by filling out the application and submitting it); and

3) Customer care over the phone.

The foreign currency transaction fee on the Axis Bank My Zone Credit Card is 3.5% of the transaction amount. Any international transaction made with the Axis Bank My Zone Credit Card is subject to this foreign currency transaction fee.

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