Axis Bank MY Zone Credit Card Review: Offers Worth More Than Points

Axis Bank MY Zone Credit Card earns only 4 EDGE REWARD points per ₹200, about 0.4%, so its value lies in its offers: ₹120 off Swiggy orders twice a month and a District buy-one-get-one movie deal worth up to ₹200 a month. Axis's MITC fee is ₹500 plus GST a year, though the Visa variant is offered lifetime free till 31 December 2026 as a limited-period offer.

By Rashmi Mandana · Content Writer Updated 5 November 2026 Reviewed by BankCreds Financial Experts

Key facts

Joining fee: ₹500 + GST
Annual fee: ₹500 + GST. No spend-based annual fee waiver in the MITC or Key Fact Sheet. Currently offered lifetime free on the Visa network (Axis listing: 'Lifetime free offer valid till 31st December 2026').
Base reward: 4 EDGE REWARD Points per INR 200 spent (about 0.4% value)
Best category: No higher-reward category published
Lounge: Domestic: 1 complimentary visit per calendar quarter at select domestic airport lounges (Axis 'Set A' lounges) International: None
Forex markup: 3.5% of the amount
Network: Visa, RuPay

Apply on Axis Bank's site

Opens the bank's own page for this card. Approval and the credit limit are the bank's decision.

In short

A sensible first card for young earners who use the Swiggy and movie offers every month, but a weak earner on points with no spend-based fee waiver.

Best for

First-time cardholders who order on Swiggy and watch movies often
People who want an Axis RuPay card for UPI payments
Applicants who can get the Visa variant under the lifetime-free offer

Skip it if

You want strong rewards on everyday spends
Most of your spending is bills, fuel, rent or insurance, which earn no points
You want lounge visits without ₹50,000 of spends every 3 months

Highlights

₹500 plus GST joining and annual fee per Axis's MITC
Lifetime-free offer on the Visa variant till 31 December 2026
4 EDGE REWARD points per ₹200, about ₹0.20 a point
Swiggy ₹120 off twice a month and District buy-one-get-one up to ₹200 a month
1 domestic lounge visit a quarter after ₹50,000 of spends in 3 months

Axis Bank MY Zone: an offers card more than a points card

The MY Zone Credit Card is one of Axis Bank's entry cards, active and issued on Visa or RuPay, and the RuPay version can be linked to UPI for merchant payments. It is aimed at young earners who spend on food delivery, movies and online shopping, and most of its value come from merchant offers rather than points.

On fees, Axis's own documents don't agree, so be clear about which is which. The MITC fixes a ₹500 joining fee and a ₹500 annual fee, plus GST, with no spend-based waiver. The card page and listing separately show "NIL" as a limited-period offer on the Visa network, and the listing say that lifetime-free offer is valid till 31 December 2026. It is an offer, not the card's standing fee, and Axis doesn't say whether it covers the RuPay variant.

Changes from 2024 to 2026

1 May 2024: the quarterly domestic lounge visit started needing ₹50,000 of spends in the previous 3 calendar months.
20 December 2024: interest raised to 3.75% a month from 3.6%, with new 1% fees on large utility, wallet, fuel and gaming spends and on app-paid education.
1 October 2025: unredeemed points can be forfeited 30 days after closure, or if the minimum due stays unpaid over 90 days.
1 April 2026: the Sony LIV renewal on ₹1.5 lakh of yearly spends replaced by 1,000 EDGE REWARD points.
28 August 2026: currency conversion markup up to 3.5% from 1.5%, a ₹1,300 late fee slab above ₹50,000, and no rewards on tolls.
1 November 2026: the District movie offer now need ₹25,000 of spends in the previous 3 months.

MY Zone fees and charges

Per Axis's MITC the joining fee is ₹500 and the annual fee ₹500, with GST on top: ₹90 at 18% (₹500 times 18%), so ₹590 each year. Neither the MITC nor the Key Fact Sheet offer a spend-based waiver, so unless you hold a lifetime-free card the ₹590 is charged every year whatever you spend. The Key Fact Sheet says the fee does not apply if you are given a lifetime-free card or a different fee on your application form. Add-on cards are free.

Interest, late fees and cash

Carried balances cost 3.75% a month, which Axis states as 55.55% a year. Late fees: nil up to ₹500 due, ₹500 on ₹501 to ₹5,000, ₹750 on ₹5,001 to ₹10,000, ₹1,200 on ₹10,001 to ₹50,000 and ₹1,300 above ₹50,000, plus ₹100 a cycle once the minimum is missed two cycles running. Cash withdrawal cost 2.5%, minimum ₹500, with interest from the day of withdrawal, and the over-limit fee is 2.5%, minimum ₹500, only if you opted in.

Spend-based fees

Rent: 1% of every rent payment, UPI included, plus GST.
Utilities: 1% once a statement cycle's utility payments reaches ₹25,000.
Wallet loads and online skill-based gaming: 1% each from ₹10,000 a cycle; fuel: 1% from ₹50,000 a cycle.
Education through third-party apps: 1%; paying on the institution's own website or machine is exempt.
Foreign currency: 3.5%, and the same on rupee payments abroad or to merchants registered overseas.
Cash payment at a branch: ₹175. Redeeming points: ₹99 per redemption; transfers to partner programmes: ₹199.

Fuel gets a 1% surcharge waiver on ₹400 to ₹4,000 fills, up to ₹400 a statement cycle, on UPI too, but the GST on the surcharge are not refunded.

MY Zone: fees and charges

Joining fee	₹500 + GST
Annual or renewal fee	₹500 + GST
Annual fee waiver	No spend-based annual fee waiver in the MITC or Key Fact Sheet. Currently offered lifetime free on the Visa network (Axis listing: 'Lifetime free offer valid till 31st December 2026').
Add-on card fee	Nil
GST	Charged on top of the fees and charges listed
In the bank’s words	MITC: joining fee INR 500, annual fee INR 500, add-on free; GST extra. Card page: 'NIL (Limited period offer on Visa Network)' for both fees. Key Fact Sheet: fee not applicable if the customer is given a lifetime-free card.
Interest on unpaid balances	Up to 3.75% a month (55.55% a year)
Late payment fee	Nil if total payment due is up to INR 500; INR 500 for INR 501 to 5,000; INR 750 for INR 5,001 to 10,000; INR 1,200 for INR 10,001 to 50,000; INR 1,300 if greater than INR 50,000; additional INR 100 if Minimum Amount Due is missed for two consecutive cycles, every cycle until MAD is cleared (MITC; INR 1,300 slab effective 28 Aug 2026)
Cash withdrawal	2.5% of the amount (minimum INR 500); interest at 3.75% per month from the date of withdrawal
Over-limit fee	2.5% of the over-limit amount, minimum INR 500 (MITC)
Forex markup	3.5% of the amount
Other fees	Rent transactions: 1% of each rent transaction (MCC 6513), plus GST Education payments via third-party apps: 1% per transaction (direct payments on the institution's website or POS exempt) Utilities: 1% on cumulative spends of INR 25,000 or more per statement cycle Wallet loads: 1% on cumulative spends of INR 10,000 or more per statement cycle Fuel: 1% on cumulative spends of INR 50,000 or more per statement cycle Online skill-based gaming: 1% on cumulative spends of INR 10,000 or more per statement cycle Foreign currency transaction fee: 3.5% of transaction value Dynamic currency conversion markup: 3.5% (INR transactions at overseas locations or with merchants registered abroad) Cash payment at branch: INR 175 per payment Cheque return / auto-debit reversal / SI or NACH failure: 2% of payment amount, minimum INR 500 Reward redemption: INR 99 per redemption on the EDGE REWARDS portal; INR 199 per transfer of EDGE REWARD Points/EDGE Miles to partner loyalty programmes

EDGE points, offers and three young spenders

The card earns 4 EDGE REWARD points per ₹200. Axis doesn't print a point value for MY Zone, but its value chart shows ₹600 a year of EDGE Rewards on ₹1,50,000 of spends, which is 3,000 points (₹1,50,000 divided by 200, times 4), so about ₹0.20 a point. The base return is therefore 0.4% (4 points times ₹0.20 is ₹0.80 per ₹200). The ₹99 redemption fee eat into this, so redeem in one go each year.

No points on movies, fuel, insurance, wallet loads, rent, utilities, education, government, EMI, jewellery, gift cards, or bridge, road and toll fees. The one milestone, from 1 April 2026, is 1,000 bonus points (about ₹200) on ₹1.5 lakh of spends in a card anniversary year, and the excluded categories don't count for it. Points expire 3 years after they are given, or after 365 days with no account activity.

The offers do the heavy lifting:

District buy one get one: 100% off the second movie ticket, up to ₹200 a month, once a month. From 1 November 2026 it need ₹25,000 of spends in the previous 3 calendar months, waived for new cards in the month of issue and the next 3.
Swiggy: flat ₹120 off orders of ₹500 or more, twice a month.
Cleartrip: 7% off flights up to ₹2,000 and 18% off hotels up to ₹4,000, once a month each.
Welcome: a Sony LIV Premium annual subscription worth ₹1,499 on your first purchase within 30 days of issue.

Light: ₹10,000 a month

₹8,000 of eligible shopping and dining earns 160 points a month (₹8,000 divided by 200, times 4), 1,920 a year, worth ₹384, or ₹285 after one ₹99 redemption. Using the Swiggy offer twice a month saves ₹240 a month, ₹2,880 a year. Together that's ₹3,165, or ₹2,575 after a ₹590 fee; on a lifetime-free Visa card the full ₹3,165 stays. The other ₹2,000 of bills and fuel earn nothing.

Typical: ₹25,000 a month

₹19,000 of eligible spends gives 380 points a month, 4,560 a year, and ₹2,28,000 of eligible yearly spends (₹19,000 times 12) clears ₹1.5 lakh for the 1,000-point bonus: 5,560 points, about ₹1,112, or ₹1,013 after the ₹99 fee. Add ₹2,880 from Swiggy and ₹2,400 from the District offer once a month (₹200 times 12), as ₹75,000 of spends every 3 months (₹25,000 times 3) beats the ₹25,000 rule. That is ₹6,293, or ₹5,703 after a ₹590 fee, and the same ₹75,000 earns the quarterly lounge visit. The ₹6,000 left on bills, fuel and insurance earn nothing.

Heavy: ₹60,000 a month

₹48,000 of eligible spends gives 960 points a month, 11,520 a year, plus the 1,000 bonus: 12,520 points, about ₹2,504, or ₹2,405 after the fee. The offers add the same ₹5,280 (₹2,880 plus ₹2,400), as they don't grow with spending, for ₹7,685 a year, or ₹7,095 after a ₹590 fee. A plain 1% cashback card would return ₹5,760 on the ₹5,76,000 of eligible spends alone (₹48,000 times 12, at 1%), so for heavy spender the points are a weak deal.

Spender	Monthly spend	Points after ₹99 redemption	Swiggy and District offers	Total a year	After a ₹590 fee
Light	₹10,000	₹285	₹2,880	₹3,165	₹2,575
Typical	₹25,000	₹1,013	₹5,280	₹6,293	₹5,703
Heavy	₹60,000	₹2,405	₹5,280	₹7,685	₹7,095

MY Zone: how rewards work

Earned as	EDGE REWARD Points
Base rate	4 EDGE REWARD Points per INR 200 spent. About 0.4% value back
Minimum spend rules	Points earned per INR 200 spent.
No rewards on	Movie Fuel Insurance Wallet Rent Utilities Education Government institutions EMI transactions Jewellery Gift cards Bridge fees, road fees and tolls
Lower rewards on	None published
Value of a point	EDGE REWARDS catalogue (vouchers/products): Derived from the card page value chart: EDGE Rewards worth INR 600 a year on INR 1,50,000 spends (3,000 points), i.e. INR 0.20 a point.
Redemption fee	Card page: reward point redemption fee 'yes'; Axis charges INR 99 per redemption on the EDGE REWARDS platform (stated on other Axis card pages)
Expiry	EDGE REWARD Points expire 3 years from allotment, or after 365 days without account activity; unredeemed points may be forfeited 30 days after card closure or if MAD is overdue more than 90 days (from 1 Oct 2025).
Welcome benefits	Sony LIV Premium annual subscription (worth INR 1,499) on the first purchase within 30 days of issuance
Milestone benefits	1,000 EDGE REWARD Points on INR 1.5 lakh annual spends in a card anniversary year (from 1 April 2026; movie, fuel, insurance, utility, rent, wallet, jewellery, education and government spends excluded)
Lounge access	Domestic: 1 complimentary visit per calendar quarter at select domestic airport lounges (Axis 'Set A' lounges) International: None Condition: Spends of INR 50,000 in the previous 3 months
Fuel surcharge waiver	1% fuel surcharge waiver at all fuel stations in India on transactions of INR 400 to INR 4,000; maximum INR 400 per statement cycle; also on credit card on UPI; GST not refunded
Insurance cover	Not published by the bank

Eligibility and applying for MY Zone

The primary cardholder must be 18 to 70 years old and either a resident of India or a Non-Resident Indian. Axis publish no income figure for MY Zone; its general card criteria mention a minimum income of ₹15,000 a month and call such criteria indicative.

PAN card copy.
Income proof: latest payslip, Form 16 or income tax return.
Residence proof: passport, ration card, electricity bill or landline telephone bill.

Apply on Axis Bank's website, where you choose the card, enter your mobile number and PAN or date of birth, check eligibility and offers and verify by OTP; the Axis Mobile app and Axis branches also take applications. If you want UPI on credit, ask for the RuPay variant, keeping in mind the lifetime-free offer is stated only for Visa. On UPI only merchant payments works, and Axis applies its card fees, the 1% rent fee included, to UPI transactions too.

Axis looks at your credit history and score; Experian scores run from 300 to 900, and above 750 is generally considered good. The RBI's 2025 card Directions for commercial banks require the bank to assess your own financial means and your other card limits, give you a one-page Key Fact Statement and give specific reasons in writing if it say no. Approval is Axis Bank's decision. For help with an existing card, see our Axis Bank customer care page.

MY Zone: eligibility and documents

Age (salaried)	18 to 70 years
Age (self-employed)	18 to 70 years
Income (salaried)	Not stated on the card page
Income (self-employed)	Not stated on the card page
Other conditions	Resident of India or Non-Resident Indian. Axis general criteria: minimum income INR 15,000 per month.
Documents	PAN card photocopy Income proof: latest payslip, Form 16 or IT return Residence proof: passport, ration card, electricity bill or landline telephone bill
How to apply	Online through the Axis Bank website application form (choose the card, enter mobile number and PAN or date of birth, check eligibility and offers, verify by OTP), through the Axis Mobile app, or at an Axis Bank branch. FD-backed 'Easy' cards are applied for online by booking an FD (Video KYC for non-customers). Some co-brand cards are applied for through the partner's app (Airtel Thanks app for Airtel Axis; Google Pay for Google Pay Flex; Fibe; Scapia).
Card customer care	1800 4030 / 1800 8911 (toll free; Retail Phone Banking)

These are the bank's published conditions. Meeting them does not guarantee a card: approval and the credit limit are the bank's decision.

MY Zone against other entry cards

IDFC FIRST Millennia is lifetime free as its standing terms, not an offer, and earns 3 points per ₹200 at ₹0.25 a point (0.375%), with 10 points per ₹200 on dining, travel and birthday spends. Its forex markup is zero since 9 September 2026, against 3.5% on MY Zone, but it has no airport lounge, its UPI runs through a FIRST Digital RuPay card costing ₹199 plus GST, and it asks for ₹3 lakh of annual income.

ICICI Bank Coral also costs ₹500 plus GST, but ICICI reverses the fee for that year on ₹1.5 lakh of spends (its card page words this as a waiver for the next year), something MY Zone lacks. It earns 2 points per ₹100 on retail spends, is a RuPay card that works on UPI, and gives 1 domestic lounge visit a quarter on ₹75,000 of spends in the previous quarter. It needs a monthly income of ₹20,000.

MY Zone Easy is Axis's fixed deposit version: the same ₹500 plus ₹500 fee and 4 points per ₹200, 25% cashback on movie tickets up to ₹1,000 a year instead of the District offer, no lounge, and Visa only, so no UPI. It needs an Axis FD of ₹15,000 to ₹25 lakh, gives a limit of 80% to 90% of the FD and asks no income proof, which suit people new to credit.

Which one to pick

MY Zone for Swiggy and movie offers and an Axis RuPay card on UPI; IDFC FIRST Millennia for a standing lifetime-free card with zero forex; Coral for a fee you can earn back; MY Zone Easy if you are new to credit and can lock an FD. See also our best lifetime-free cards, the Axis Bank card lineup and the credit cards hub.

MY Zone against similar cards

Term	Axis Bank MY Zone Credit Card This card	FIRST Millennia Credit Card	ICICI Bank Coral Credit Card	Axis Bank MY Zone Easy Credit Card
Bank	Axis Bank	IDFC FIRST Bank	ICICI Bank	Axis Bank
Joining fee	₹500 + GST	Nil	₹500 + GST	₹500 + GST
Annual fee and waiver	₹500 + GST. No spend-based annual fee waiver in the MITC or Key Fact Sheet. Currently offered lifetime free on the Visa network (Axis listing: 'Lifetime free offer valid till 31st December 2026').	Nil	₹500 + GST. Spend over ₹1.5 lakh and get annual fee waived off for the next year (card page); MITC footnote *** says the fee for the year is reversed on anniversary-year completion	₹500 + GST. No spend-based annual fee waiver in the Key Fact Sheet.
Base reward	4 EDGE REWARD Points per INR 200 spent (about 0.4% value)	3X Reward Points on eligible spends (about 0.375% value)	2 reward points per ₹100 on retail spend	4 EDGE REWARD Points per INR 200 spent on domestic transactions
Best category	No higher-reward category published	Hotel bookings via 'FIRST Rewards Gallery' in the IDFC FIRST Bank app: about 5% value	No higher-reward category published	Movie tickets: about 25% value
Lounges	Domestic: 1 complimentary visit per calendar quarter at select domestic airport lounges (Axis 'Set A' lounges) International: None	Domestic: No airport lounge. 4 complimentary railway lounge visits every quarter. International: None	Domestic: 1 domestic airport lounge access per quarter (primary cardholder) on ₹75,000 spend in the preceding quarter; 4 railway lounge accesses a year (1 per quarter) International: None	Domestic: None stated International: None stated
Forex markup	3.5% of the amount	0% (no markup)	3.5% of the amount	3.5% of the amount
Network	Visa, RuPay	Not stated by the bank	RuPay	Visa
Published minimum income	Not stated on the card page	₹25,000 a month	₹20,000 a month	No income proof required; a fixed deposit with Axis Bank is needed
Status	Taking applications	Taking applications	Taking applications	Taking applications

Frequently asked questions

Is the Axis Bank MY Zone Credit Card lifetime free?

Only as an offer. Axis's MITC sets a ₹500 joining fee and a ₹500 annual fee, plus GST, with no spend-based waiver. The card page and listing show the fee as nil on the Visa variant as a limited-period offer, valid till 31 December 2026 according to the listing. Axis does not say whether the offer covers the RuPay variant.

How much are MY Zone EDGE REWARD points worth?

Axis does not state a point value for MY Zone, but its value chart shows ₹600 of EDGE Rewards on ₹1,50,000 of yearly spends, which works out to about ₹0.20 a point. At 4 points per ₹200 that is roughly 0.4% back. Each redemption on EDGE REWARDS costs ₹99, and points expire after 3 years.

What is the eligibility for the Axis MY Zone card?

The primary cardholder must be 18 to 70 years old and a resident of India or a Non-Resident Indian. Axis publishes no income requirement for MY Zone; its general criteria give ₹15,000 a month as indicative. You need a PAN, income proof such as a payslip, Form 16 or ITR, and residence proof. Approval is the bank's decision.

Does MY Zone give airport lounge access?

Yes, 1 complimentary visit per calendar quarter at select domestic airport lounges, but only after ₹50,000 of spends in the previous 3 months, a rule in place since 1 May 2024. There is no international lounge benefit, and foreign currency spends carry a 3.5% markup, which is ₹1,750 on a ₹50,000 trip (3.5% of ₹50,000).

What changed on the MY Zone movie offer in November 2026?

From 1 November 2026 the District buy-one-get-one offer, which takes 100% off the second ticket up to ₹200 a month, needs ₹25,000 of spends in the previous 3 months. New cardholders are exempt in the month the card is issued and the next 3 months. Movie spends themselves earn no EDGE REWARD points.

Can I use the Axis MY Zone card on UPI?

Yes, the RuPay variant can be linked to UPI for payments to merchants, while person-to-person transfers and cash withdrawals are blocked. Axis applies the card's fees on UPI too, including the 1% rent fee, and the fuel surcharge waiver also covers UPI. The lifetime-free offer is stated only for the Visa variant.

Sources

Axis Bank: Most Important Terms and Conditions (MITC), PDF dated 8 October 2026; Key Fact Sheet (schedule of charges), last updated 8 October 2026; Axis Bank MY Zone Credit Card page; Axis Bank credit card listing page; IndianOil Axis Bank Credit Card page (fees table); Axis Bank support: Validity of EDGE REWARD Points; Axis Bank Credit Cards Domestic Airport Lounge Access Program; Axis Bank RuPay Credit Card page (RuPay card list includes MyZone); Axis Bank Contact Us
Business Today: New rules for Axis Bank credit cards valid from December 20

Last verified: 5 November 2026

Written by Rashmi Mandana, reviewed by BankCreds Financial Experts

BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.