Jump to section
Axis Bank MyZone Credit Card Review
- Sony LIV Premium 1-year subscription worth ₹1,499 (issuer-confirmed value) — complimentary on the card
- Movie Buy-One-Get-One via the District app — 100% discount on the second ticket (Axis migrated this benefit from BookMyShow to District; older “BookMyShow BOGO” framing is outdated)
- Swiggy: Flat ₹120 off on food delivery (per current issuer page; the older “40% off via EazyDiner” framing is no longer on the issuer marketing)
- Milestone: 1,000 EDGE Reward Points on annual spend of ₹1.5 lakh (issuer-confirmed)
- 1 domestic lounge visit per calendar quarter (conditional on ₹50K prior-quarter spend)
- Low ₹500 fee (some customers get LTF)
- 15% off at Ajio, District, select partners
- Low income eligibility — 18+ with steady income
- Weak base earn: 4 EDGE per ₹200 (2% headline, ~0.4% effective at ₹0.20/pt)
- Exclusions: movies, fuel, rent, insurance, utilities, jewellery, education, government, wallet, EMI
- Lounge requires ₹50K/quarter spend to unlock
- No welcome beyond SonyLIV + SBI SimplyCLICK-like scale
- 3.5% forex markup
- EDGE transfer caps lower than Magnus/Reserve
Fees & charges
| Item | Charge |
|---|---|
| Joining fee | ₹500 + GST (sometimes LTF via specific channels) |
| Renewal fee | ₹500 + GST; LTF customers retain fee-free |
| Finance charge | 3.6% p.m. |
| Cash advance | 2.5% (min ₹500) |
| Forex markup | 3.5% |
| Late payment | Up to ₹1,300 |
Eligibility & documents
Age
18+ years with steady income — very accessible
Income
Axis doesn’t publish strict threshold; typical target salaried ₹15K+/month
Employment
Salaried or self-employed; Indian resident
Recommended CIBIL
720+ typical
Typical credit limit
₹25,000 – ₹2 lakh at issuance
Documents
Latest 1-2 salary slips (not more than 3 months old), Form 16, 3-month bank statement, PAN, Aadhaar, address proof
Rewards structure
Base earn: 4 EDGE reward points per ₹200 (2% headline, ~0.4% effective at ₹0.20/point catalogue redemption).
Excluded from earning: Movies, fuel, rent, insurance, utilities, jewellery, education, government institutions, wallet loads, EMI transactions. (Broad exclusion list — be aware.)
Value is in bundled benefits, not reward accumulation:
- SonyLIV Premium annual membership ₹999 value
- BOGO on BookMyShow movie tickets (cap and monthly uses per current T&C)
- 40% off at EazyDiner partner restaurants (~4,000 across India)
- 15% discounts at Ajio, District, and other partners (rotates quarterly)
Transfer: EDGE can transfer to airline/hotel partners at 5:4 ratio. Apr 2026 partner refresh applies: added BA/Vietnam/Finnair; removed Accor/Marriott/Qatar.
Welcome benefits & milestones
Welcome benefit: SonyLIV Premium 1-year membership (₹999 value) on first transaction within 30 days of card issuance.
No explicit spend-based milestones. Value is in the base benefits + lounge gating.
Fee waiver: Typically not waivable via spend — some users get LTF at issuance (check at application).
Key benefits
- SonyLIV Premium Y1 (₹999)
- BOGO BookMyShow movie tickets
- 40% off dining at 4,000+ EazyDiner restaurants
- 1 domestic lounge visit/calendar quarter (₹50K prior-quarter spend required)
- 1% fuel surcharge waiver
- Free add-on cards for family
- EMI conversion on transactions ₹2,500+
Usage terms & fine print
Lounge access
1 complimentary domestic lounge visit per calendar quarter. Conditional on ₹50,000 spend in the preceding calendar quarter. No international lounge.
Fuel surcharge waiver
1% fuel surcharge waiver at all fuel stations. Fuel doesn’t earn EDGE points.
Interest-free period
Interest-free credit up to 50 days. Minimum payment 5% or ₹250.
EMI conversion
EMI on transactions ₹2,500+. Tenures 3-24 months. Interest 0.99-1.5% p.m.
Digital wallets & UPI
Apple Pay, Google Pay, Samsung Pay supported. Visa network. No direct UPI linking (no RuPay variant).
Insurance cover
Lost card liability, basic purchase protection
Compared with alternatives
Axis ACE (₹499) →
Same tier Axis. 5% Google Pay bills + 4% food delivery. ACE for bill payers; MyZone for entertainment.
Axis Neo (₹250) (comparison coming soon)
Cheaper fee. 40% Swiggy + BOGO BMS + AJIO 10%. Similar use case but lower fee.
HDFC MoneyBack+ (₹500) →
Same fee. 10× on 5 brands. MoneyBack+ for shopping; MyZone for entertainment.
Flipkart Axis (₹500) →
Same fee. Shopping-focused (Flipkart/Myntra 5-7.5%). Flipkart for e-commerce; MyZone for entertainment.
Who the Axis Bank MyZone is for
Young professionals and Gen-Z first-timers who order dinner/movies often. The SonyLIV + BOGO movies + EazyDiner 40% bundle is worth ₹3-5K/year for active users. Good entry card for 18-28 age group.
Not the right card if: you want serious cashback/rewards (earn rate is weak outside the bundled benefits) OR you spend heavily on excluded categories (utilities, rent, fuel beyond surcharge waiver, education — all earn zero). Consider Axis ACE for bill-payers.
How to apply & how to cancel
Apply: Apply via axisbank.com → Cards → My Zone. Instant eligibility. Paperless KYC. Approval 3-5 days.
Cancel: Call Axis helpline (1860 419 5555). Clear dues; redeem EDGE points before closure.
Final verdict
Axis MyZone is a solid entertainment-focused entry card for young users. The SonyLIV annual membership alone covers most of the ₹500 fee, and the EazyDiner 40% + BOGO movies add genuine lifestyle value. Not for rewards optimisation — value is in the bundled perks.
Frequently asked questions
Is MyZone really lifetime free for some?
Axis offers LTF variants through specific channels (like pre-approved HNI customer flows or welcome promotions). Standard rate is ₹500 + GST. Check at application.
What is the SonyLIV membership duration?
1-year complimentary SonyLIV Premium membership on first card transaction within 30 days. Renewal only if Axis bundles in subsequent years.
How many times per month can I use BOGO?
Typically 2 BOGO redemptions per month via BookMyShow. Cap ₹200-₹500 per ticket discount. Check current T&C.
How do I get EazyDiner 40% off?
Book via the EazyDiner app with MyZone card, pay the bill via the card at restaurant. Discount applied automatically at checkout. 40% max cap per visit varies by restaurant.
Does MyZone earn rewards on fuel?
No — fuel excluded from EDGE earn. But 1% fuel surcharge waiver still applies on qualifying transactions.
Can I transfer EDGE from MyZone to airlines?
Yes, at 5:4 ratio to partners like Singapore KrisFlyer, British Airways (added Apr 2026), Flying Returns. Transfer caps lower than Magnus/Reserve.
Do EDGE points expire on MyZone?
Yes — typically 36 months from earn date.
Can I upgrade MyZone to Flipkart Axis or ACE?
Yes — Axis allows upgrade within its card family. Tenure carries over.
Data current as of April 2026. Credit card fees, rewards and benefits are revised periodically by issuers. Always confirm current terms with the issuer before applying.