Axis MyZone Credit Card Benefits, Fees & Rewards Explained – Don’t Miss These Perks!

If you’re looking for a credit card that offers lifestyle & entertainment perks, and you’re willing to spend smartly to unlock them, then the Axis MyZone Credit Card could be a compelling pick. In this deep-dive blog post, we’ll cover everything you need to know: the key benefits, the fees, how the rewards work, eligibility & application process, pros & cons, who it’s best for — and finally, whether you should apply (and get the card) today.

The Axis MyZone Credit Card is designed for lifestyle and entertainment-focused cardholders — think moviegoers, food delivery fans, online shoppers, and those who enjoy a bit of lounge time when traveling domestically. According to the official site, this card offers fuel surcharge waivers, dining offers, EMI convenience, and more.

What makes it interesting:

• A relatively modest annual/joining fee (for many cards, the cost is much higher) with good category-specific perks.
• Strong partner offers (restaurants, Swiggy, movies, shopping) which, if you use them, can yield real value.
• The “lifestyle” angle means it may not be the best for everyday general spending, but for targeted categories, it shines.

If you typically spend on movies, streaming, food delivery, fashion/online shopping, then this card could help you unlock benefits you might otherwise miss. On the flip side, if your spending is mostly utilities, bills or abroad, you’ll want to check how the rewards stack up.

Throughout this article, I will refer repeatedly to Axis MyZone Credit Card (the primary keyword) and use related keywords (secondary) such as “Axis Bank My Zone card benefits”, “Axis MyZone fees”, “Axis MyZone rewards” to help the SEO-friendly aspect.

Apply Now!

2. Key Benefits at a Glance

Here are some of the major perks of the Axis MyZone Credit Card, in summary form:

• Welcome benefit: Complimentary annual subscription to streaming service (e.g., **Sony LIV Premium) when you make your first purchase within a set period.
• Movie ticket BOGO (Buy One Get One) offer on certain movie-ticket partners.
• Flat discount on food-delivery (e.g., via Swiggy) orders: Coupon-based savings twice a month.
• Online shopping discounts — e.g., at fashion aggregator AJIO with min spend.
• Fuel surcharge waiver: 1% waiver on fuel transactions (subject to transaction limits).
• Complimentary domestic airport lounge access (subject to spend criteria).
• Reward-points programme (EDGE Reward Points) for regular spending.

These advantages can add up—if you use the card strategically in the categories where the offers apply.

Related Article: Best Credit Cards for Diwali Sale Offers on Amazon, Flipkart & More

3. Detailed Benefits Breakdown

Let’s break down each of the benefits in more detail, so you understand exactly what you get, how to unlock it, and any related caveats.

3.1 Welcome & Streaming Subscription

One of the standout features of the Axis MyZone Credit Card is that you get a complimentary annual subscription to Sony LIV Premium (or a similar streaming platform) after fulfilling the first spend requirement.

• The card site says: if you make your first transaction on the card, you will receive the voucher for the Sony LIV Premium subscription.
• The subscription value is around ~₹1,499 in some offers.
• Important: You need to check the terms (purchase must be within 30 days, sometimes certain categories excluded) — so it’s not automatic for all cardholders.
• From year 2 onwards the subscription may be given only if you hit a milestone spend (for example ₹1.5 lakh annual spend) as per some disclosures.

Tip: If you’re already paying for a streaming service anyway (Sony LIV or similar) and you believe you’ll use it, this benefit gives you near-instant value from the card.

For movie lovers, the card offers a “Buy One Get One” offer on movie tickets (via certain partner platforms like Paytm Movies, Zomato District).

• Example: You buy one ticket, get the second free (up to a certain limit). The maximum discount is typically ~₹200 per month.
• Offer may be valid once per month.
• Important: These transactions typically will not earn reward points under the standard reward-points programme (because merchant offer categories are often excluded).
• So if you are a frequent movie-goer, this becomes a real perk; if you rarely watch movies in theatres, then perhaps less useful.

3.3 Food Delivery Discount (Swiggy)

If you order food often via Swiggy, this can also be a high-value benefit:

• The card offers a flat discount of ~₹120 (or up to a cap) on minimum Swiggy spend (e.g., ₹500) twice a month.
• Use coupon code such as “AXIS120” (or the relevant current coupon) to avail.
• Limitations: The offer often excludes some merchants (for example, Haldiram’s restaurants).
• Frequency: Twice a month; you’ll need to track usage and ensure you meet the minimum spend for the offer to apply.

3.4 Online Shopping / Fashion Portal Discounts

If you shop online (especially fashion/brands), then the Axis MyZone can help:

• Example offer: Up to ₹1,000 off at AJIO on a minimum spend of ₹2,999 on select styles.
• Important to note: These are merchant-tie-up offers, so you must go through the specified link or coupon to get the discount.
• Also, the value of the discount is capped; it won’t apply to all categories or items.

3.5 Fuel Surcharge Waiver

Fuel transactions are often charged a surcharge by credit cards; the MyZone card offers a waiver:

• 1% fuel surcharge waiver on fuel transactions across India, for transactions typically between ₹400 and ₹4,000. Maximum benefit up to ₹400 per statement cycle.
• This means when you pay for petrol/diesel at fuel pumps, you won’t pay the typical 1% surcharge (subject to the above cap).
• Note: The waiver does not apply to the GST portion of that surcharge.
• If you spend a lot on fuel, this benefit could offset some costs — but if your spend is limited, growth may be constrained.

3.6 Airport Lounge Access (Domestic)

For travellers, the card provides domestic airport lounge access:

• As per sources: 1 complimentary domestic lounge visit per calendar quarter (i.e., up to 4 in a year) if you have spent ₹50,000 in the previous 3 months.
• For new cards: sometimes the minimum spend requirement is waived for the first few months.
• The lounge list is limited (you’ll need to check which airports/terminals participate).
• If you travel domestically occasionally, this benefit adds comfort; if you never use lounges, this won’t matter.

3.7 Reward Points (EDGE Reward Points)

Beyond partner offers, the card offers ongoing reward points on eligible purchases.

• Earn rate: 4 EDGE Reward Points (RPs) for every ₹200 spent.
• Note: Several spend categories are excluded from earning — e.g., movies, fuel, rent, utilities, wallet loads, and EMI transactions.
•  Axis Bank’s EDGE Rewards portal/catalogue. However, the value per point is modest (approx ~₹0.20 per point in many cases), which means the effective return is low.

3.8 EMI & Other Transaction Flexibility

• The card allows you to convert large purchases (above a certain amount) into EMI (Equated Monthly Installments) via the bank’s facility.
• Chip & PIN, contactless (depending on variant) security features are included.

3.9 Miscellaneous & Occasional Offers

• Dining Delights: Up to ~15% off at partner restaurants under Axis Bank’s Dining Delights programme.
• Occasional instant discounts on online/offline merchants (Amazon Fresh, BigBasket etc) via periodic deals.

Related Article: How To Invest in Mutual Funds For Beginners in India 2026

4. Fees & Charges: What You’ll Pay (and When)

Before you apply, it’s crucial to understand the cost structure of the Axis MyZone Credit Card. Here’s a breakdown:

4.1 Joining Fee & Annual Fee

• Joining (issuance) fee: ₹500.
• Annual fee/renewal fee: ₹500 (plus applicable GST).
• Some sources indicate the first-year annual fee may be waived or the card offered as “lifetime free” for a limited-time promotional period.
• Add-on card joining/annual fee: Typically, Nil for add-ons.

4.2 Interest, Finance Charges & Late Payment Fees

• Finance (retail purchases & cash): ~3.75% per month (~55.55% per annum) according to one table. Some sources have ~3.6% per month (~52.86% p.a).
• Cash withdrawal fees: 2.5% of the withdrawal amount (min ₹500) for cash advance.
• Late payment / overdue penalty:
  • Nil if the total amount due ≤ ₹500.
  • Rs 500 if the total due is between ₹501 to ₹5,000.
  • Rs 750 if due between ₹5,001 to ₹10,000.
• Rs 1,200 (or more) if due > ₹10,000.
• Over-limit penalty: 2% of over-limit amount (min Rs 500).
• Foreign currency transaction fee: 3.50% of transaction value for international transactions.

4.3 Other Fees & Charges

• Cash payment fee: Rs 175 (for paying your card bill in cash at branch) according to one table.
• Fee for wallet-load transactions/education transactions etc: Example – 1% fee on wallet loads above ₹10,000 in a cycle.
• Duplicate statement retrieval & balance enquiries: Waived in many cases.

4.4 Table — Summary of Key Fees & Charges

2.5% of the amount (min ₹500)	Charge / Rate	Notes
Joining Fee	₹ 500	At issuance.
Annual / Renewal Fee	₹ 500	Plus GST. Some promos may waive it.
Finance Charges (Retail Purchases)	~3.6 %-3.75% per month (~52-55% p.a)	High, pay full balance to avoid interest.
Cash Withdrawal Fee	International transactions are costly.	Applies to cash advance.
Foreign Currency Transaction Fee	3.5% of value	International transactions costly.
Late Payment Penalties	Rs 500 / Rs 750 / Rs 1200 (depending on due amount)	Avoid by paying dues on time.

4.5 Interpretation & What to Watch

• The high interest rate means you must pay your full statement balance on time if you want to avoid interest. The benefit-value of the card accrues only if you use it smartly and avoid interest/fees eating up your value.
• The annual fee is modest compared to many premium cards — but you’ll have to consider whether the benefits you’ll actually use are worth the fee.
• Some benefits require milestone spends or specific types of transactions — if you don’t meet them, you may not unlock the full value.
• Watch for changes in terms: Banks may revise offers, partner-merchants, minimum spends, etc. Always review current T&Cs before applying.

5. Rewards: Earning & Redemption Mechanics

Getting rewards is good — but understanding how they are earned and how valuable they are is crucial for making the card work for you.

5.1 Earning Reward Points

• The card offers 4 EDGE Reward Points (RPs) for every ₹200 spent.
• Which effectively translates (if each RP is worth ~₹0.20) to ~₹0.80 for every ₹200 spent (i.e., ~0.4% return) — quite modest.
• However, Many categories are excluded from earning RPs. These include: movies, fuel, rent, utilities, wallet loads, educational transactions, government institutions, and EMI transactions.
• So if your spending is concentrated in excluded categories, you may not earn many points.
• Merchant offers (Swiggy, movies, AJIO) come via a coupon/discount mechanism and not via reward points.

5.2 Redemption of Reward Points

• Points accumulate in the bank’s EDGE Rewards catalogue. You can redeem points for vouchers, products, gift cards etc.
• The typical value per RP is ~₹0.20 (i.e., 1 RP = ₹0.20). So 4 RPs = ~₹0.80 for every ₹200 spend → ~0.4% yield. This is low compared to many cashback cards or travel-cards.
• Because merchant offers provide higher value (Swiggy, movie BOGO) the real value of the card is more in the offers rather than the point-earning rate.

5.3 Milestone & Annual Spend Incentives

• The value chart released by Axis Bank suggests that if you spend ₹1,50,000 annually you can unlock benefits worth up to ~₹13,499 (approx ~8.67% return) in that year.
• Example: Sony LIV year subscription, lounge access, Swiggy/offers, online shopping discounts.
• So if you are a moderate spender in relevant categories, you can extract high value — but you must trigger the partner offers and meet the criteria.

5.4 Realistic Return Example

Let’s say you:

• Order on Swiggy twice a month, using the card coupon: ₹500 minimum each order → ₹120 off each order → value ~₹240/month (~₹2,880/year).
• Use the movie ticket BOGO once a month: value ~₹200 × 12 = ~₹2,400/year.
• Use the AJIO shopping discount once a year: value ~₹1,000.
• Use fuel surcharge waiver of up to ₹400/month (assume you spend enough) → ~₹4,800/year.
• Lounge access: maybe 4 times/year (value maybe ₹1,000 each) → ₹4,000/year.
  Total value ~₹14,000/year (which aligns with the bank’s ~₹13,499 claim). But this assumes you fully utilise all offers, meet spend criteria, and your spending fits those categories.
  If you don’t, the return will be much lower.

5.5 Verdict on Rewards

• The reward-points earning is weak for general spend — don’t pick this card solely for generic reward points.
• The strength lies in targeted partner offers (movies, food delivery, shopping), and value is maximised if you use those categories.
• You must be able/willing to meet the spending and use the coupons.
• If your spending is outside those categories, or you don’t use the offers, you might be better off with a general cashback card.

6. Eligibility & How to Apply — Step-by-step

Here’s what you need to know if you’re considering applying for the Axis MyZone Credit Card.

6.1 Eligibility Criteria

According to the official information:

• Applicant (primary cardholder) age: 18 to 70 years.
• Resident of India or a Non-Resident Indian (NRI).
• Must meet the bank’s credit-worthiness/income criteria (income proof, PAN/Form 60, etc).
• Additional conditions (document proof, Reserve right of bank to approve/decline) apply.

6.2 Documents Required

Typically required documents include:

• PAN card photocopy (or Form 60)
• Income proof: recent payslip, Form 16, IT return copy.
• Residence proof: e.g., passport, utility bill, Aadhaar, etc.
• Recent photograph.
• Other checks as per the bank’s policy.

6.3 How to Apply (Online / Offline)

Online:

1. Go to Axis Bank’s official website for credit cards.
2. Select “Apply” for the MyZone Credit Card.
3. Fill out the application form with personal, contact, income, employment details.
4. Upload documents (PAN, income proof, address proof) or select branch delivery.
5. Submit and await approval; upon approval, you’ll receive card dispatch details.

Offline:

1. Visit your nearest Axis Bank branch.
2. Request the MyZone Credit Card application form.
3. Fill it, attach required documents, submit to branch.
4. Wait for approval notification and card delivery.

6.4 How to Get the Card & Activate

• Upon card issuance, you’ll receive the physical card or instant virtual card (depending on variant).
• Activate it via the bank’s mobile app/net-banking or phone banking.
• Make your first purchase (within the required time) to unlock welcome benefits (such as a Sony LIV subscription).
• Register for card management (app, statements, alerts) to stay on top of usage and benefits.

6.5 Call to Action

If you’ve reviewed all the benefits, charges, and you believe the card fits your spending behaviour, now is the time to get the card:

👉 Apply for your Axis MyZone Credit Card now

7. Pros & Cons: What Works, What to Watch

Let’s be frank. Like any credit card, the Axis MyZone Credit Card has strong advantages and certain limitations. Understanding both is key.

7.1 Pros

• Attractive lifestyle discounts (movies, food delivery, shopping), which can deliver high value if you use them.
• Relatively modest fee compared to premium cards — with the possibility of first-year waiver or promotional “lifetime free” offer (check current status).
• A fuel surcharge waiver is a nice bonus (especially for frequent fuel spenders).
• Lounge access is a differentiator in the mid-segment card space.
• The card is from a major bank (Axis Bank) with a broad partner network.

7.2 Cons

• The reward points rate is quite low (~0.4% return on eligible spends) compared to many other cards.
• Many spends are excluded from reward earnings (fuel, movies, utilities, rent, wallet loads).
• Partner offers require coupons, minimum spends, and are category-specific — you must align your behaviour to benefit.
• Interest and finance charges are high; if you carry a balance you’ll negate much of the benefits.
• Some benefits (lounge access, streaming renewal, etc)are tied to a spend milestone, which may be challenging for moderate spenders.
• International/forex transactions cost is high (3.5% markup) — not ideal for frequent foreign travel or online foreign purchases.

7.3 Balanced View

If you are already spending in the categories where the card’s benefits apply (movies, food delivery, online shopping, fuel) and can meet the minimum spends to unlock them, then MyZone is a good fit.
If, however, your expenses are mostly utilities, bills, foreign travel, or you don’t use partner offers, you may get less value, and a different card (cashback or travel-focused) might suit better.

8. Who Should (and Shouldn’t) Get This Card

8.1 This card is well-suited for you if you:

• Regularly watch movies in theatres (and can use the BOGO monthly offer).
• Frequently order food online via Swiggy (and will use the applicable coupon twice a month).
• Shop online with fashion portals/brands (e.g., AJIO) and can meet the minimum spend for the discount.
• Spend a moderate amount monthly (so you can meet the spend thresholds) and will use the lounge benefit on domestic travel.
• Pay full statement balance on time so interest does not erode benefits.
• Want a mid-tier lifestyle card with good partner offers, and are comfortable with the fee structure.

8.2 You might not want this card if you:

• Rarely go to movies, rarely order food online, or rarely shop online — then you may under-utilize the card’s core benefits.
• Spend mostly on utilities, bills, foreign travel, or categories excluded from rewards — you’ll get a lower return.
• Tend to carry a balance or pay late — the high interest rate and penalties will eat into the value.
• Want a card primarily for travel abroad — the high foreign currency mark-up makes it less attractive for that purpose.
• Prefer simple, flat cashback (rather than navigating coupons/partner offers) — then a generic cashback card might be simpler.

9. Final Verdict

In summary, the Axis MyZone Credit Card is a strong choice for cardholders with the right behaviour and spending pattern: those who use entertainment, food delivery, online shopping, and domestic travel. If you maximise the partner offers, you can extract excellent value (the bank’s value chart suggests up to ~₹13,499 per annum on ₹1.5 lakh spend).

However — this is not a “one-size-fits-all” card. If you don’t align your behaviour with the offer categories, the benefits will diminish, and the annual fee + interest/charges might outweigh the value. Thus it comes down to how you spend.

So what should you do?

1. Estimate your spend in categories: the card rewards (movies, Swiggy, online shopping, fuel, dining).
2. Compare the likely benefit you’ll get vs. the fee and your expected usage.
3. If the numbers suggest good value and you’re comfortable with the terms, go ahead and Apply.

👉 Ready to unlock the perks? Get your Axis MyZone Credit Card today

Make sure you apply through the official bank link, fill out the application, submit required documents, and start using the card to hit those benefit-thresholds.

10. Frequently Asked Questions (FAQs)

I hope this comprehensive guide helps you understand the Axis MyZone Credit Card in depth — its benefits, fees, rewards, suitability, and how to make it work for you. If you’d like a short comparison of this card with other Axis Bank cards (or cards from other banks) or want application help, I’m happy to assist!

👉 Apply now and claim those perks! Get your Axis MyZone Credit Card today.