Our Money Guide

By: OurMoneyGuide || Last updated on: May 9, 2024

The Axis Bank MY ZONE Credit Card is a good beginner card, which offers discounts on a variety of preferred partners- Ajio, Swiggy, Paytm Movies, EazyDiner. The card also offers lifestyle benefits like complimentary domestic airport lounge access and complimentary SonyLiv subscription.

However the reward rates on card spending are low, and the discount amounts offered at select partners are relatively small.

Brief Summary

Our Rating
3.75 / 5


Our View :

Best for those who like shopping and spending at select partners of this card – Ajio, Swiggy, Paytm Movies, EazyDiner. The discount amounts are relatively small and some partnerships have certain restrictions like minimum order size and how many times you can avail the discount.

The card also offers lifestyle benefits like complimentary domestic airport lounge access (once per quarter) and complimentary SonyLiv subscription – which is not very common at entry level cards. However the reward rates on card spending are low.

Hence this card is suitable for beginners and low spenders.

on Axis Bank website

Axis Bank MY ZONE Credit Card

Special Benefits

Attractive discounts on a variety of partners

Other Benefits

Complimentary domestic airport lounge access (once per quarter)

Minimum Income

Not specified

Annual Fee

₹ 500 (limited time lifetime free offer)

Annual Fee Offers

Welcome offer worth ₹999
Renewal offer worth ₹999

Pros & Cons

Benefits

  • Lifetime free card offer
  • Good discounts at select partners – Ajio, Swiggy, Paytm Movies, EazyDiner.
  • The card also offers lifestyle benefits like complimentary domestic airport lounge access (once per quarter) and complimentary SonyLiv subscription – which is not very common for entry level cards

Limitations and drawbacks to consider

  • The reward rates on card spending are low.
  • The discount amounts are relatively small and restricted to certain partners

Features & Benefits of Axis Bank MY ZONE Credit Card

₹120 discount at Swiggy – 2 times per month

BOGO (Buy One Get One) offer on Paytm Movies – upto ₹200 per month

Upto ₹1000 discount at Ajio

Complimentary domestic airport lounge access – 1 time per quarter

Dining offers in partnership with EazyDiner (Dining Delights Program) : 15% discount (upto ₹500) once a month, at participating restaurants

0.40% benefit on all card spends

Fuel surcharge waiver, upto ₹400 per month

Axis Bank 24/7 customer care

Important Card Fees and Charges

Annual fee and annual fee offers

1st year joining fee₹500
(Lifetime free limited period offer)
Welcome offer : You get a complimentary one-year SonyLiv subscription worth ₹999, as a welcome offer. It is given when you do your first card purchases, within 30 days of card issuance date.
Renewal fee from 2nd year onwards₹500
(Lifetime free limited period offer)
Renewal fee offer : Your complimentary SonyLiv subscription worth ₹999 is renewed, if you spend ₹1.50 lakhs or more in the previous year.

Late payment fee

Late payment fees depends on the total payment due. This fee is charged if you do not pay even the minimum amount due on your credit card bill.

Total bill amount dueLate payment charges
Less than ₹500None
Between ₹501 – ₹5000₹500
Between ₹5,001 – ₹10,000₹750
More than ₹10,001₹1200

Foreign currency mark-up fee
3.50% of the transaction amount. This fee is charged when you use your card outside India.

Finance charges : 3.60% per month

Important Note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all fees & charges on this card, please click here – Axis Bank MY ZONE Credit Card Fees & Charges

Eligibility Criteria

Minimum agePrimary cardholder – 18 years
Add-on cardholder – 15 years
Maximum age70 years
Minimum income requirementsNot specified
Credit scoreNot specified , preferably above 750

Application Process

Step-by-step guide to applying for the card

Online application processThe easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the Axis Bank website. You can also visit official website of the bank and fill out the application form.

Steps :
– The bank’s website and mobile app offer a user-friendly interface that makes the application process quick and easy
– To apply, simply provide your personal details such as your mobile phone number, income, PAN number, along with the required documents 
– Review your application and click submit.
Await confirmation from Axis Bank regarding the status of your application.
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Tracking application statusPlease click here to track the status of your Axis Bank Credit Card application.

Necessary documents and verification

Required documents 
– PAN card photocopy or Form 60
– Colour photograph
– Income proof : Latest payslip/Form 16/IT return copy 
– Residence proof (any one of the following) : Passport , Ration Card, Electricity bill, Landline telephone bill
– Identity proof (any one of the following) : Passport, Driving license, PAN card, Aadhaar card

Please note that this list is only indicative. Documents required may vary on a case-to-case basis.

Conclusion

In conclusion, the Axis Bank MY ZONE Credit Card is a good beginner shopping card. It offers discounts on a variety of preferred partners- Ajio, Swiggy, Paytm Movies, EazyDiner. The card also offers lifestyle benefits like complimentary domestic airport lounge access and complimentary SonyLiv subscription.

However the reward rates on card spending are low, and the discount amounts offered at select partners are relatively small, so it is a suitable card for beginners and low spenders.

Apply Now

on Axis Bank website

Frequently Asked Questions

How do I apply for the Axis Bank MY ZONE Credit Card?

The easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the Axis Bank website. You can also visit official website of the bank and fill out the application form.

How does the Axis Bank MY ZONE Credit Card’s rewards program work?

The Axis Bank MY ZONE Credit Card rewards program allows you to earn attractive discounts with a variety of partners like Ajio, Swiggy, Paytm Movies, EazyDiner.

Is the Axis Bank MY ZONE Credit Card equipped with contactless payment technology?

Yes, the Axis Bank MY ZONE Credit Card is contactless-enabled, allowing you to make quick and secure payments by simply tapping the card at enabled terminals. This feature enhances convenience and speeds up transactions.

Can I convert high-value purchases into easy monthly instalments?

Yes, the Axis Bank MY ZONE Credit Card offers the option to convert high-value purchases into convenient monthly instalments with attractive interest rates. This feature provides flexibility in managing expenses and helps you budget effectively. However it is best to pay off your card bill in full and only use this feature in case of emergencies.