Axis Bank now lists the My Zone Credit Card with ₹NIL joining and annual fee on Visa for a limited period. Here is what you get, the new spend conditions, and who should apply.
Quick Verdict
Axis Bank is now listing the My Zone Credit Card with a₹NIL joining fee and ₹NIL annual fee.
The fees table on Axis Bank's official card page marks both lines as alimited period offer on Visa Network, and the card listing page now tags My Zone as "Lifetime Free".
Until recently, the same page showed a ₹500 joining fee and a ₹500 annual fee.
That makes My Zone one of the easier entry-level Axis cards to hold. But the free tag does not make every benefit free to use.
The movie offer needs ₹25,000 of spends in the previous 3 calendar months (from 1 November 2026), and the lounge visit needs ₹50,000 in the previous 3 months. A lifetime free card with conditional perks is still a card you have to use well.
The simple rule:
Take it if you want a no-cost Axis card for Swiggy, movies and occasional rewards, and you pay the full bill every month. Do not expect a strong reward rate.
Before applying, check:
that the fees table still shows ₹NIL on the day you apply
that your application is for the Visa variant
the spend condition on the movie offer
the spend condition on lounge access
the reward exclusions list
forex and DCC markups
the 1% fees on rent, wallet, education, utility and fuel spends above set limits
New to card fees? Start withAnnual Fee vs Joining Fee.
Benchmarksutra Score: 68/100 — C Tier
Apply with Axis Bank:Check eligibility and apply for an Axis Bank credit card on the official Axis Bank website
Disclosure: this is an affiliate link. BenchmarkSutra may earn a commission if you apply through it, at no extra cost to you. It does not change our analysis.
What Is the Axis My Zone Lifetime Free News?
The news is about the fee on the Axis Bank My Zone Credit Card.
In plain words:
For a limited period, Axis Bank is listing the Visa variant of My Zone with no joining fee and no annual fee.
This is what Axis Bank's official fees table shows today:
Fee | What Axis Bank Shows Now | What the Page Showed Earlier in 2026 |
|---|---|---|
Joining Fee | ₹NIL (Limited period offer on Visa Network) | ₹500 |
Annual Fee | ₹NIL (Limited period offer on Visa Network) | ₹500 |
Add-on Card Joining Fee | Nil | Nil |
Add-on Card Annual Fee | Nil | Nil |
Card Replacement Fee | Nil | - |
Three words in that table matter:
Limited period: Axis Bank does not give an end date, so the offer can be pulled at any time.
Visa Network: the ₹NIL fee is tied to the Visa variant.
Offer: your welcome kit and card terms decide what you actually pay later.
Treat the offer as live only if the fees table shows ₹NIL on the day you apply. Take a dated screenshot.
Do not confuse this card with theMy Zone EasyCredit Card. That is a separate product with its own page and fees.
Why This News Matters
A ₹500 fee is small. But on an entry-level card, it can wipe out most of the value a light user gets.
My Zone's rewards are modest, so the fee was a real drag for anyone who used the card only for Swiggy orders and the odd movie.
Yearly Eligible Spend | EDGE Points Earned (4 per ₹200) | Approx. Value at ₹0.20 per Point | Old ₹500 Fee Covered? |
|---|---|---|---|
₹50,000 | 1,000 | ₹200 | No |
₹1,00,000 | 2,000 | ₹400 | No |
₹1,50,000 | 3,000 + 1,000 milestone | ₹800 | Yes, barely |
₹3,00,000 | 6,000 + 1,000 milestone | ₹1,400 | Yes |
The ₹0.20 per point value comes from Axis Bank's own value chart, which shows ₹600 of EDGE value on ₹1,50,000 of yearly spends. Actual redemption value depends on what you pick in the catalogue.
With the fee gone, every rupee of reward and discount is now net gain.
To see how fee waivers usually work, and why they are harder than they look, readHow Credit Card Fee Waivers Work.
What You Get on My Zone
These are the benefits listed on Axis Bank's official My Zone page as of 4 November 2026.
Benefit | Details | Condition |
|---|---|---|
Buy one get one movie ticket | 100% off the second ticket at District, up to ₹200 a month, code AXIS200 | Once a month; ₹25,000 spends in the preceding 3 calendar months |
Swiggy discount | Flat ₹120 off, code AXIS120 | Minimum order ₹500; up to 2 times a month per user ID |
SonyLIV Premium | Annual subscription worth ₹1,499 | First purchase within 30 days of issuance |
Domestic lounge access | 1 visit per calendar quarter | ₹50,000 spends in the previous 3 months |
EDGE REWARD points | 4 points per ₹200 | Long exclusion list (see below) |
Milestone | 1,000 EDGE REWARD points | ₹1.5 lakh spends in the card anniversary year |
Cleartrip | 7% off flights (up to ₹2,000) and 18% off hotels (up to ₹4,000), code CTAXISMYZONE | Once a month each |
Fuel surcharge waiver | 1% on fuel spends of ₹400 to ₹4,000 | Up to ₹400 per statement cycle |
Axis Bank's value chart claims annual benefits of up to ₹9,739 in year one, assuming ₹1,50,000 of yearly eligible spends. That figure assumes you use every offer every month. Most people will not.
Conditions That Changed Recently
Axis Bank has published a revision of the My Zone terms. Two dates matter.
Effective 28 August 2026
Dynamic Currency Conversion (DCC) markup went up to 3.5% from 1.5%.
The late payment fee for dues above ₹50,000 is now ₹1,300. Lower slabs are unchanged.
Payments are now adjusted first against fees and charges, then EMIs, interest, purchases and cash advances.
Gift card purchases moved to a separate "Gift Card" category. They still earn no rewards.
No rewards on bridge fees, road fees and tolls.
Effective 1 November 2026
To get the buy one get one District offer, you need ₹25,000 of spends in the previous 3 months.
For a newly issued card, this condition is waived for the month of issuance and the next 3 calendar months.
An upgrade from one variant to another is not a new issuance.
Only the monthly EMI amount counts towards the spend, not the full EMI purchase value.
So a new lifetime free cardholder gets roughly 4 months of the movie offer without a spend condition. After that, you need about ₹8,300 a month on the card to keep it.
Where You Will Earn Zero Points
Axis Bank lists these as non-earning categories on My Zone:
movie, fuel, insurance, wallet and rent
utilities and education
government institutions
EMI transactions
jewellery and gift cards
bridge fees, road fees and tolls
Most of these are also excluded from the ₹1.5 lakh milestone.
If you are unsure why a spend did not earn points, readWhy You Sometimes Earn Zero Reward Points.
Fees That Still Apply
Lifetime free means no joining or annual fee. It does not mean no charges.
Charge | Amount |
|---|---|
Finance charges | 3.75% per month (55.55% per year) |
Cash withdrawal | 2.5% of the amount, minimum ₹500 |
Foreign currency transaction fee | 3.5% |
DCC markup | 3.5% (from 28 August 2026) |
Rent transaction fee | 1% |
Wallet loads | 1% on ₹10,000 or more per statement cycle |
Utility payments | 1% on ₹25,000 or more per statement cycle |
Fuel | 1% on ₹50,000 or more per statement cycle |
Education via third-party apps | 1% |
Cash payment fee | ₹175 |
Late payment fee | Nil below ₹500, then ₹500 to ₹1,300 by slab |
GST applies on top of these charges.
If you carry a balance even once, one month's interest can cost more than a year of My Zone rewards. Run your numbers on theCredit Card Interest Calculator, and seeEvery Credit Card Fee Explained.
A Worked Example
Take a user who spends ₹15,000 a month on eligible categories, orders on Swiggy twice a month and watches one movie a month.
Item | Yearly Value |
|---|---|
EDGE points: ₹1,80,000 ÷ 200 × 4 = 3,600 points | ₹720 |
Milestone: 1,000 points | ₹200 |
Swiggy: ₹120 × 2 × 12 | ₹2,880 |
Movies: up to ₹200 × 12 (spend condition met) | up to ₹2,400 |
SonyLIV (first year) | ₹1,499 |
Total (first year) | about ₹7,700 |
Annual fee | ₹0 |
This user spends ₹45,000 per quarter, which clears the ₹25,000 movie condition but not the ₹50,000 lounge condition.
Notice where the value sits. Almost 70% comes from Swiggy and movie discounts, not from rewards. If you do not use those two, this card is close to a 0.4% card.
To understand how to value points properly, readHow to Calculate the Real Value of 1 Reward Point.
Should You Apply?
Situation | Decision |
|---|---|
You order on Swiggy often and watch movies monthly | Good fit |
You want a no-fee first or second Axis card | Good fit |
You want high rewards on everyday spends | Look elsewhere |
You travel abroad often | Poor fit (3.5% forex) |
You pay rent, wallet loads or utilities on card | No points and possible 1% fees |
You sometimes pay only the minimum due | Do not apply |
If you are comparing it with other no-fee cards, see7 Best Lifetime Free RuPay Cards for 2026and our guide onHow to Compare Credit Cards in India.
Who Benefits Most?
students and young earners who want a first card with no yearly cost
frequent Swiggy users
people who watch at least one movie a month and book on District
existing Axis customers who want a free secondary card for offers
users who want a backup Visa card
The strongest profile:
A user who spends ₹10,000 to ₹20,000 a month, orders food online and watches movies regularly, and always pays in full.
Who Will Get Little Value?
heavy spenders who want a high flat reward rate
frequent international travellers
people who mostly pay rent, utilities, insurance or fuel
anyone who wants lounge access without meeting a spend condition
people who revolve credit
Axis My Zone Lifetime Free Checklist
Does the fees table show ₹NIL for both joining and annual fee today?
Is your application for the Visa variant?
Did you save a dated screenshot of the fees table?
Do you understand the ₹25,000 movie spend condition after the first 4 months?
Do you know lounge access needs ₹50,000 in the previous 3 months?
Will you make your first purchase within 30 days for SonyLIV?
Have you checked the reward exclusions?
Can you pay the full bill every month?
Common Mistakes to Avoid
Mistake 1: Assuming every variant is free
Axis Bank ties the ₹NIL fee to the Visa Network. Confirm the network before you submit.
Mistake 2: Treating lifetime free as permanent for new applicants
It is a limited period offer. If the page changes before you apply, the fee may come back.
Mistake 3: Counting the movie offer every month
After the first 4 months, you need ₹25,000 of spends in the previous 3 months.
Mistake 4: Expecting a free lounge visit
Lounge access unlocks only after ₹50,000 of spends in the previous 3 months.
Mistake 5: Counting SonyLIV every year
Axis Bank's value chart marks it as a first-year benefit. The renewal voucher is linked to annual fee payment, which may not happen on a free card.
Mistake 6: Using it for rent or wallet loads
No points, and fees can apply.
My Zone Benchmarksutra Score
We rate every card on the same fixed 100-point framework, using official bank data. See how the Benchmarksutra Credit Card Score works.
Scoring Category | Maximum Points | What it measures | My Zone Score |
|---|---|---|---|
Reward Value | 20 | 4 EDGE pts/₹200 (~0.4%), 1,000-pt milestone at ₹1.5L; value sits in Swiggy/movie offers | 9 |
Fee Value | 15 | ₹NIL joining and annual fee on Visa (limited period; was ₹500 + ₹500) | 14 |
Redemption Quality | 10 | EDGE points ~₹0.20 each via catalogue; low earn makes redemptions small | 5 |
Use-Case Fit | 15 | Entertainment and food-delivery card: Swiggy ₹120 off x2/month, District BOGO ₹200 | 12 |
Eligibility & Accessibility | 10 | Entry-level Axis card, residents 18–70; easy beginner access | 9 |
Benefits & Perks | 10 | SonyLIV Premium (year 1), 1 lounge/qtr (₹50k spend), Cleartrip codes, fuel waiver | 7 |
Hidden Costs & Conditions | 10 | 3.5% forex and DCC, zero points on movies/rent/fuel/utilities, BOGO needs ₹25k/3 months | 5 |
Bank & User Experience | 10 | Large issuer, good app controls; perks recently tied to spend conditions | 7 |
Total Benchmarksutra Score | 100 | Final card score | 68/100 |
Axis Bank My Zone Credit Card: 68/100 — C Tier
Now lifetime free on Visa, so every Swiggy and movie discount is net gain.
Most value comes from Swiggy ₹120 codes and District BOGO, not from the ~0.4% reward rate.
From 1 Nov 2026 the BOGO needs ₹25,000 spend in the previous 3 months (waived for about 4 months on new cards).
Weak for rewards on everyday spend and for foreign use (3.5% forex).
Scores reflect official terms as of 4 November 2026. Banks can change fees, rewards and conditions, so check the latest terms before applying.
Benchmarksutra Impact Score
User Type | Impact Score | Benchmarksutra View |
|---|---|---|
Swiggy and movie user who pays in full | 8/10 | Strong free card |
First-time card user | 7/10 | Safe starter |
Existing My Zone holder paying ₹500 | 6/10 | Ask Axis about your fee |
High spender wanting rewards | 3/10 | Low reward rate |
Frequent international traveller | 2/10 | Wrong card |
Overall impact: Medium-High for entry-level users
Benchmarksutra Verdict
Removing a ₹500 fee is a meaningful change for an entry-level card.
My Zone now works if:
you use Swiggy and District regularly
you want a no-cost Axis card
you can meet the ₹25,000 quarterly spend for movies
you pay in full
It stays weak if:
you want rewards on everyday spends
you spend abroad
your big spends are rent, utilities or insurance
Final rule:
A free card is worth the offers you actually use. On My Zone, those offers are food delivery and movies. If that is not you, the free tag adds little.
Also read our take on theAxis Privilege Credit Card Lifetime Free Offer, which follows the same Visa-only pattern.
Apply with Axis Bank:Check eligibility and apply for an Axis Bank credit card on the official Axis Bank website
Disclosure: this is an affiliate link. BenchmarkSutra may earn a commission if you apply through it, at no extra cost to you. It does not change our analysis.
FAQs
Is the Axis My Zone Credit Card lifetime free now?
Axis Bank's fees table shows ₹NIL joining and ₹NIL annual fee as a limited period offer on the Visa Network. The card listing page tags it "Lifetime Free".
What was the fee before?
Axis Bank's page earlier in 2026 listed a ₹500 joining fee and a ₹500 annual fee.
Is there an end date for the offer?
Axis Bank's page does not state one.
Does it apply to all networks?
Axis Bank mentions only the Visa Network for the ₹NIL fee.
What is the reward rate?
4 EDGE REWARD points per ₹200 on eligible spends, plus 1,000 points on ₹1.5 lakh of yearly spends.
Do I still get the buy one get one movie offer?
Yes, up to ₹200 a month at District. From 1 November 2026 you need ₹25,000 of spends in the previous 3 months, waived for new cards for the issuance month and the next 3 calendar months.
Does it have lounge access?
One domestic lounge visit per calendar quarter, unlocked on ₹50,000 of spends in the previous 3 months.
Is it good for foreign spends?
No. The forex fee is 3.5%, and DCC markup is also 3.5% from 28 August 2026.
I already hold My Zone. Will my annual fee be waived?
Axis Bank's page does not say. Check your next renewal statement or ask Axis Bank in writing.
What is the Benchmarksutra view?
A good free card for food delivery and movie users who pay in full. Weak for rewards, travel abroad and heavy bill payments.
Official Sources and Editorial Note
Data checked as of: 4 November 2026
Axis Bank My Zone Credit Card page (features, fees and charges, eligibility, value chart)
https://www.axis.bank.in/cards/credit-card/axis-bank-my-zone-credit-card
Axis Bank revision of MYZONE Credit Card terms and conditions (effective 28 August 2026 and 1 November 2026)
https://campaign.axis.bank.in/generic/terms-and-conditions-myzone.pdf
Axis Bank credit card listing page ("Lifetime Free" tag)
https://www.axis.bank.in/cards/credit-card
Axis EDGE REWARDS catalogue
https://edgerewards.axis.bank.in/lms
Important source note:
This article does not quote or rely on third-party wording. All fees, benefits and conditions are taken from Axis Bank's official My Zone page, card listing page and revised terms document. The earlier ₹500 fee is taken from Axis Bank's own My Zone page as it appeared in mid-2026. Axis Bank does not publish a start date or end date for the limited period offer, or say how it applies to existing cardholders. Point values and worked examples are illustrative and based on Axis Bank's own value chart.
Editorial note:
Axis Bank card fees, limited period offers, network eligibility, spend conditions, reward rates, exclusions and partner offers can change. Always verify the latest terms on Axis Bank's official website before applying.
