Axis Bank MY ZONE Credit Card vs IndianOil Axis Bank Credit Card
Last verified 18 Oct 2026 · how we compare
Side by side
| Feature | Axis Bank MY ZONE Credit Card | IndianOil Axis Bank Credit Card |
|---|---|---|
| Issuer | Axis Bank | Axis Bank |
| Joining fee | ₹500 | ₹500 |
| Annual fee | ₹500 | ₹500 |
| Fee waiver | Not published by the bank | Annual fee waived on spends above ₹3,50,000 in a card anniversary year (rent, wallet load, EMI, cash, insurance etc. do not count) |
| Everyday spends (value back) | 0.4% | 0.2% |
| Online shopping (value back) | 0.4% | 1% |
| Fuel (value back) | 0% | 4% |
| Bills and utilities (value back) | 0% | 0% |
| Dining and food delivery (value back) | 0.4% | 0.2% |
| Rewards in short | Entertainment card: buy-one-get-one on District movie tickets, ₹120 off Swiggy, quarterly lounge access on spends, 4 EDGE points per ₹200. | Fuel card: 4% value back at IndianOil outlets (capped), 1% on small online spends, 0.2% elsewhere, plus 1% fuel surcharge waiver. |
| Works on UPI | Yes (RuPay) | Yes (RuPay) |
| Airport lounge | 4 domestic visits a year (1 a calendar quarter) after ₹50,000 eligible spend in the previous 3 calendar months; the spend rule is waived for a new card's month of issue and the next 3 months. | Not published by the bank |
| Forex markup | 3.5% | 3.5% |
| Fuel surcharge waiver | 1% waiver on fuel transactions of ₹400 to ₹4,000; max ₹400 per statement cycle (also on credit-card-on-UPI) | 1% waiver on fuel transactions of ₹400 to ₹4,000; max ₹50 per statement cycle |
| Card network | RuPay | RuPay |
| Minimum income (salaried) | Not published by the bank | Not published by the bank |
Value back is the % of spend you get at the bank's published redemption value. “–” means the bank doesn't publish it. Fees exclude GST.
Which one to pick
Pick the Axis Bank MY ZONE Credit Card if
you drive little and want lounge visits, District movie offers and Swiggy discounts
₹500 joining, ₹500 a year
Pick the IndianOil Axis Bank Credit Card if
you buy fuel at IndianOil pumps every month
₹500 joining, ₹500 a year
CreditParakh is not a bank or lender. Approval, limits and final terms are decided by the issuer.
Questions people ask
Which is better for fuel, MY ZONE or IndianOil Axis?
IndianOil Axis, if you fill up at IndianOil. It pays 4% back on up to ₹5,000 of fuel a calendar month, on transactions of ₹400 to ₹4,000, which is about ₹200 a month, and waives the 1% fuel surcharge up to ₹50 a statement cycle. MY ZONE earns no points on fuel; it only waives the 1% surcharge on ₹400 to ₹4,000 transactions, up to ₹400 a cycle.
Does IndianOil Axis have lounge access?
Axis doesn't list airport lounge access for IndianOil Axis. MY ZONE gives 1 domestic lounge visit each calendar quarter after ₹50,000 of spend in the previous 3 calendar months; a new card skips the spend rule in its month of issue and the next 3 months.
Which earns more on everyday spends?
MY ZONE, outside fuel: 0.4% (4 EDGE points per ₹200) on most spends against IndianOil Axis's 0.2%. IndianOil Axis pays 1% online, but only on transactions of ₹100 to ₹5,000 and on up to ₹5,000 of online spend a month, about ₹50. MY ZONE also adds 1,000 bonus points at ₹1.5 lakh of eligible spend in a card year.
Can the annual fee be waived?
On IndianOil Axis, yes: the ₹500 fee is waived if you spend more than ₹3.5 lakh in a card anniversary year, not counting rent, wallet loads, EMI, cash or insurance. Axis doesn't publish a waiver for MY ZONE's ₹500 fee. Both fees are plus GST.
Full details: Axis Bank MY ZONE Credit Card · IndianOil Axis Bank Credit Card · find the card that fits your spending
Last verified 18 Oct 2026 on each issuer's official page. Fees and rewards change; check the issuer's terms before you apply.