In the case of varied spending preferences, Axis Bank Credit Card caters to the needs of individuals. Card Applicants can look for credit cards exclusively focused on shopping, travel, rewards, or cash back, along with cards that offer comprehensive benefits in several categories. There are many types of credit cards that are being offered by Axis Bank, however, in this article let us know about My Zone Credit Card.
| Axis Bank My Zone Credit Card- A Snapshot | |
| Best Suited for | Shopping and Entertainment |
| Joining Fee | Nil* |
| Annual Fee | Nil* |
| Welcome Benefits | Complimentary SonyLiv annual membership |
| Best Feature | 4 EDGE reward points for every INR 200 spent |
Fees & Charges
Below mentioned are the Fees & Charges of Axis Bank My Zone Credit Card:
| My Zone Credit Card | Charges |
| Joining Fee | INR 500 and Life Time Free Offer for *select channels |
| Annual Fee | 1st Year: Nil 2nd Year onwards: INR 500, Lifetime Time Free Offer for *select channels |
| Add-on Card Joining Fee | Nil |
| Add-on Card Annual Fee | Nil |
| Card Replacement Fee | Nil |
| Cash Payment Fee | INR 100/- |
| Duplicate Statement Fee | Waived |
| Charge Slip Retrieval Fee or Copy Request Fee | Waived |
| Outstation Cheque Fee | Waived |
| Mobile Alerts for Transactions | Free |
| Hot listing Charges | Nil |
| Balance Enquiry Charges | Waived |
| Finance Charges (Retail Purchases & Cash) | 3.6% per month (52.86% per annum) |
| Cash Withdrawal Fees | 2.5% (Min. INR 500) of the cash amount |
| Overdue Penalty or Late Payment Fee | Nil if Total Payment Due is less than INR 500 INR 500 if the total payment due is between INR 501 – INR 5,000 INR 750 if the total payment due is between INR 5,001 – INR 10,000 INR 1200 if the total payment due is greater than Rs.10,000 |
| Over Limit Penalty | 2.5% of the over-limit amount (Min. INR 500) |
| Cheque Return or Dishonour Fee or Auto-debit Reversal | 2% of the payment amount subject to Min. Rs.450, Max. INR 1,500 |
| Outstation Cheque Fee | Waived |
| Mobile Alerts for Transactions | Free |
| Hot listing Charges | Nil |
| Balance Enquiry Charges | Waived |
| Finance Charges (Retail Purchases & Cash) | 3.6% per month (52.86% per annum) |
| Cash Withdrawal Fees | 2.5% (Min. INR 500) of the cash amount |
| Overdue Penalty or Late Payment Fee | Nil if Total Payment Due is less than INR 500 INR 500 if the total payment due is between INR 501 – INR 5,000 INR 750 if the total payment due is between INR 5,001 – INR 10,000 INR 1200 if the total payment due is greater than Rs.10,000 |
| Over Limit Penalty | 2.5% of the over-limit amount (Min. INR 500) |
| Cheque Return or Dishonour Fee or Auto-debit Reversal | 2% of the payment amount subject to Min. Rs.450, Max. INR 1,500 |
| Surcharge on Purchase or Cancellation of Railway Tickets | As prescribed by IRCTC / Indian Railways |
| Fuel Transaction Surcharge Transaction | 1% of transaction amount (Refunded for fuel transactions between INR 400 to INR 4,000. Maximum benefits up to INR 400 per month) |
| Foreign Currency Transaction Fee | 3.50% of the transaction value |
| Reward Point Redemption fee | Yes |
| GST | As per existing Government norms |
| Rent Transaction fee | 1% of the transaction amount (Max Rs.1,500). GST as per existing Government norms. Rent transactions are identified through Merchant Category Code 6513. |
| Dynamic Currency Conversion Mark Up | 1% of the transaction amount. International transactions performed in Indian currency at International locations or transactions performed in Indian currency with merchants located in India but registered in foreign nations are eligible for the charges. |
Value Wise Benefits
| Details | Monthly Benefit (Rs.) | Annual Benefit (Rs.) |
| SonyLiv Activation Benefit1 | 999 | |
| Movie spending at Paytm | 200 | 2400 |
| Food ordering at Swiggy | 480 | 5760 |
| Online shopping at AJIO2 | 2400 | |
| Fuel Spends3 | 30 | 360 |
| Domestic Airport Lounge Access4 | 2000 | |
| SonyLiv Renewal Benefit3 | 999 | |
| EDGE Rewards | 150 | 1800 |
| Total Benefits (Year1) | 15719 | |
| Total Benefit (Year2 onwards) | 15719 | |
| Annual benefits as a percentage of spending* | 10.5% | |
| 1Applicable for the first year only 2 If one purchase per quarter 3Assuming fuel spends of Rs.3000 monthly 4 If used twice in a year 5Applicable from year 2 onwards |
Eligibility Criteria
- The primary cardholder should be in between 18- 70 years of age.
- The Add On cardholder should be above 15 years.
- Applicant must be a Resident of India or NRI.
Documents Required
PAN card photocopy or Form 60
• Color photographs
• Latest pay slip / Form 16 / IT return copy as income proof
• Residential proof (any one of the following):
• Passport
• Ration Card
Electricity bill
Features & Benefits
- Buy One Get One on Movie Tickets
- Get a 100% discount on the second movie ticket at Paytm Movies by using coupon code AXIS200.
- The maximum discount in a calendar month per customer is limited to INR 200.
- No reward points on movie transactions.
- Complimentary SonyLiv Premium Annual Subscription
- Get a SonyLiv annual subscription worth INR 999 on the first spend within the first 30 days of issuance of the card. The same would be communicated to the eligible customers via SMS within 45 days of card issuance.
- Renewal in case of spending of INR 1.5 lakh in a card anniversary year. The same would be communicated to the eligible customers via SMS within 60 days of payment of annual fees.
- 40% on Swiggy
- Get 40% off on food delivery at Swiggy by using coupon code AXIS40.
- The maximum discount is INR 120 per order.
- Offer applicable on minimum spends of INR 200.
- It can be availed up to 4 times a month.
- It shall be valid on all restaurant orders except for Haldiram’s.
- Enjoy Complimentary Lounge Access
- Get 1 complimentary access to select airport lounges within India per calendar per quarter.
- Enjoy 1 complimentary access to select airport lounges within India per calendar quarter.
- Earn Edge Rewards
- Earn 4 Edge Reward Points with every INR 200 spent on the credit card.
- No reward points will be credited for movies, fuel, insurance, wallet, rent, utilities, education, government institutions, and EMI transactions.
- Shopping Discount on Ajio
- Get a discount of INR 1000 at Ajio on minimum spending of INR 2999.
- Get a discount of INR 600 at Ajio on minimum spending of INR 2000.
- Fuel Surcharge Waiver
- 1% fuel surcharge waiver on all fuel transactions across India.
- Fuel surcharge refund on spends at fuel stations across India on transactions of INR 400 to INR 4000.
- GST is non-refundable.
- Convert Purchases to EMI
- A cardholder can get his purchases converted into EMIs on any transaction over INR 2500.
- Spend Securely
- Axis Bank credit cards are EMV Chip & PIN protected so as to reduce the risk of counterfeit problems & skimming fraud.
- Dining Delights
- 15% off up to INR 500 at partner restaurants in India.
- Minimum Order Value- INR 1500
- Valid twice per card pm for a maximum benefit amount of INR 1000.
- Network Offers
- In the case of MasterCard cardholders, log in to the MasterCard Perks to get exciting cashback & rewards on renowned brands.
