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Axis Bank MY ZONE

Annual Fee

₹500

Rewards/₹100

₹0.20

Normalized to balance base rate with bonus categories

Interest Rate

40.80%

Credit Score

700+

At a Glance

Key Benefits

Reward points

Lounge Access

No lounge access

Eligibility

Any income level, CIBIL: 700+

Quick Details

Annual Fee
₹500 #113
Joining Fee
₹500 #112
Interest Rate
40.80% p.a. #68
Forex Markup
3.50% #75
Rewards/₹100
₹0.20 #291
Reward Type Reward Points
Reward Currency Points
Min Credit Score
700+ #54
Min Monthly Income ₹NaN
Network MASTERCARD
Late Payment Fee 15.00% (min ₹100)
Over Limit Fee ₹600
Cash Advance Fee 2.50% (min ₹500)
Fee Waiver on Spend ₹50,000/yr

Reward Structure

Base

All Spends

₹0.20 /₹100

Reward Calculator

Allocate by Category100%
Other Spends
1.0 pts
100%₹50,000
Your Rewards
Points Earned500
Cash Value₹100
Breakdown
Other Spends500
Total Value₹100
Quick amounts:

Milestone Benefits

Renewal Benefit

Annual fee waiver on Rs. 50000 annual spend

Spend ₹50,000 within 365 days

₹500

value

Insurance Coverage

Lost Card

₹0

Zero liability for lost card transactions.

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days of loss/theft.

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days.

Lost Card

₹0

Zero liability.

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days of loss/theft.

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days.

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days.

Lost Card

₹0

Zero liability.

Lost Card

₹0

Zero liability.

Lost Card

₹0

Zero liability.

Lost Card

₹0

Zero liability.

Lost Card

₹0

Zero liability for lost card transactions when reported within 3 days of loss/theft.

Fraud

₹0

Zero liability for unauthorized transactions.

Fraud

₹0

Zero liability for unauthorized transactions when reported immediately to the bank.

Fraud

₹0

Zero liability for unauthorized transactions.

Fraud

₹0

Zero liability.

Fraud

₹0

Zero liability for unauthorized transactions when reported immediately to the bank.

Fraud

₹0

Zero liability for unauthorized transactions.

Fraud

₹0

Zero liability for unauthorized transactions.

Fraud

₹0

Zero liability.

Fraud

₹0

Zero liability.

Fraud

₹0

Zero liability.

Fraud

₹0

Zero liability.

Fraud

₹0

Zero liability for unauthorized transactions when reported immediately to the bank.

Quick Analysis

A basic entry card with entertainment focus for new-to-credit users.

Pros

  • Low annual fee, easy approval, movie discounts

Cons

  • Low reward rate, no lounge access

Best For

Entry-level card, low fee, entertainment offers

Not Ideal For

Basic rewards, limited benefits

Frequently Asked Questions

What is the annual fee for Axis Bank MY ZONE?
The annual fee is Rs. 500. The fee can be waived on spending Rs. 50000 annually.
What are the eligibility requirements for Axis Bank MY ZONE?
A good credit score of 700+ is recommended. Income requirements vary based on your relationship with the bank.
Does Axis Bank MY ZONE offer lounge access?
This card does not include complimentary lounge access as a primary benefit.
What rewards does Axis Bank MY ZONE offer?
The card offers reward value ranging from 0.50% to 1.00% depending on spend categories.
What is the forex markup on international transactions?
The forex markup is 3.50% on international transactions.
Which payment network does Axis Bank MY ZONE use?
The card is issued on the Mastercard network.

User Reviews

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