By Shubham Sharma
Updated On October 8, 2021

Axis Bank My Zone Credit Card is an entry-level offering by the bank. The card comes with a nominal membership fee of just Rs. 500 per annum. Considering its annual fee, the card comes packed with plenty of value-added benefits including movie and dining offers, complimentary SonyLiv membership and even complimentary domestic airport lounge visits.

As far as the reward rate is concerned, you earn 4 EDGE Points per Rs. 200 spent with the card with each EDGE Point valued at Rs. 0.20 (effective reward rate of 0.4%). You however do not earn any EDGE Points on fuel, movies and EMI transactions. Read on to learn more about this entry-level offering by Axis Bank.

Best Suited For

Movies |

Joining Fee

Rs 500/- plus Applicable Taxes

Reward Type

Reward Points |

Product Details

  • Buy One Get One offer on movie ticket bookings via Paytm movies.
  • Complimentary SonyLiv Premium annual subscription (renewed on spending Rs. 1.5 lakh in an anniversary year).
  • 40% discount on Swiggy up to Rs. 120 per order (minimum order value of Rs. 200 required).
  • 1 complimentary domestic airport lounge access per quarter.
  • 4 EDGE Points per Rs. 200 spent with the card.
  • Flat discount of Rs. 600 on AJIO on minimum spends of Rs. 2,000.
  • Up to 20% off on dining at partner restaurants under the Dining Delights Program.

Rewards and Benefits

Welcome Benefits

Complimentary SonyLiv Premium annual subscription worth Rs. 999

Movie & Dining

Buy One Get One offer on movie ticket bookings via Paytm Movies, up to 20% off at partner restaurants with Dining Delights

Rewards Rate

4 EDGE Points for every Rs 200 spent with the card (reward rate of 0.4%)

Reward Redemption

EDGE Points earned on the card are redeemable against shopping/travel vouchers or for purchasing products on the Axis Bank EDGE Rewards Portal

Travel

Complimentary domestic airport lounge access

Golf

N/A

Domestic Lounge Access

1 Complimentary domestic airport  lounge access every quarter

International Lounge Access

N/A

Insurance Benefits

N/A

Zero Liability Protection

Cardholder not liable for any fraudulent transaction made with the card post reporting the loss of card to the bank.

Fees & Charges

Joining Fee

Rs 500/- plus Applicable Taxes

Renewal Fee

Rs. 500 (plus applicable taxes)

Spend based Waiver

N/A

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.4% per month (49.36% per annum)

Fuel Surcharge

1% fuel surcharge waived off at all filling stations across India for transactions between Rs. 400 and Rs. 4,000 (max waiver capped at Rs. 400 per month)

Cash Advance Charge

2.5% of the withdrawal amount subject to a minimum charge of Rs. 500

Add-on Card Fee

Nil

Axis Bank My Zone Credit Card Welcome Benefits:

You get complimentary annual premium membership of SonyLiv worth Rs. 999 as a welcome benefit on card set up.

Milestone Benefit:

The complimentary SonyLiv membership is renewed every year on the expenditure of a minimum of Rs. 1.5 lakh in an anniversary year.

Axis Bank My Zone Credit Card Rewards:

You earn 4 EDGE Points per Rs. 200 spent with the card on all categories of spends except movies, fuel and EMI transactions.

Reward Redemption:

  • The EDGE Points earned on the card are redeemable for shopping/travel vouchers or for purchasing products (from the given product catalog) from the Axis Bank EDGE Rewards Portal.
  • 1 EDGE Point = Rs. 0.20.

Axis Bank My Zone Credit Card Travel Benefits:

You get 1 complimentary domestic airport lounge access per quarter under the MasterCard domestic lounge program.

Movie and Dining Benefits:

  • Buy One Get One offer on movie tickets on Paytm movies- up to 100% discount on second movie ticket (max benefit of Rs. 200 per month per customer). Coupon code “AXIS200” needs to be used to avail this offer.
  • Up to 40% discount on Swiggy orders of minimum Rs. 200 (max discount capped at Rs. 120 per order). The offer can be availed for a maximum of 4 times a month.
  • Up to 20% off on dining bills at partner restaurants under the bank’s Dining Delights Program.

Other Benefits:

  • Flat Rs. 600 off on AJIO on minimum spends of Rs. 2,000. Coupon code “AXIS200” needs to be used to avail this offer.
  • 1% fuel surcharge waived off at all willing stations across India for transactions between Rs. 400 and Rs. 4,000 (max waiver capped at Rs. 400 per month).

Axis Bank My Zone Credit Card Eligibility Criteria

  • The primary cardholder must be between 18 years and 70 years of age.
  • Add-on cardholder(s) must be above 15 years of age.
  • The cardholders must be Indian residents or NRIs

Conclusion

Axis Bank My Zone Credit Card can be the card of choice for new to credit millennials or first-time cardholders for whom movie and dining spends account for a substantial portion of their total monthly spends as the card offers discounted rates on the food delivery app Swiggy and discounts on dining bills at partner restaurants and a complimentary SonyLiv membership and Buy One Get One offer on movie tickets on Paytm Movies. What’s your opinion of this entry-level offering by Axis Bank? Do let us know in the comments. And if you’re an existing cardholder, feel free to share your experience.

FAQs:

The complimentary SonyLiv membership is renewed every year on achieving the spend milestone of Rs. 1.5 lakh in an anniversary year.

Axis Bank charges an interest rate of  3.40% per month (or 49.36% per annum) on the MyZone Credit Card.

No, you don’t earn any Points on fuel transactions made with the card.

No, there is no reward redemption fee charged by the Axis Bank on redemption of the EDGE Points.

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