Flipkart Axis Bank Credit Card vs Axis Bank My Zone Credit CardFlipkart Axis Bank Credit Card vs Axis Bank My Zone Credit Card

Flipkart Axis Bank vs Axis Bank My Zone Credit Card

In India, the Axis Bank My Zone card stands out as an excellent choice for those entering the credit card realm. To join, a fee of Rs. 500 is charged, accompanied by a welcoming perk of a complimentary Sony LIV subscription. The card boasts a respectable reward rate, allowing you to earn 4 RPs for every Rs. 200 spent. Beyond this, it provides a range of features such as domestic lounge access, movie and dining benefits, fuel surcharge waiver, exclusive discounts on popular brands, and more.

For avid Flipkart enthusiasts, the Flipkart Axis Bank credit card emerges as a top contender among India’s sought-after cashback cards. With a modest fee of Rs. 500, this card offers an exclusive 5% cashback on Flipkart and cashback opportunities with partner brands like Uber, Swiggy, PVR, and others. Cardholders also enjoy perks such as domestic lounge access and movie and dining benefits, making it a versatile option in the market. Renowned as one of the best choices for shopping, cashback, and co-branded cards, it caters to the specific needs of loyal Flipkart customers.

Fee and Charges of Flipkart Axis Bank Credit Card and Axis Bank My Zone Credit Card

Flipkart Axis Bank Credit Card:

  1. Joining and annual fee: Rs. 500 (waived on spending Rs. 2 Lakhs in the previous year)
  2. Interest rate: 3.65% per month and 52.86% per annum
  3. Forex markup fee: 3.5% of transaction amount
  4. Cash advance fee: 2.5% of amount or Rs. 500

Axis Bank My Zone Credit Card:

  1. Joining and annual fee: Rs. 500 + taxes
  2. Interest rate: 3.6% per month or 52.86% per annum
  3. Forex markup fee: 3.5% of transaction amount
  4. Cash advance fee: 2.5% of amount or minimum Rs. 500

Comparison between Flipkart Axis Bank Credit Card and Axis Bank My Zone Credit Card

Flipkart Axis Bank Credit Card:

1. Joining Fee: Rs. 500 + taxes

2. Cashback Benefits:

  • 5% cashback on Flipkart spends
  • 4% cashback on partner brands (cult.fit, Swiggy, PVR, Uber, Tata Play, Cleartrip)
  • 1.5% cashback on other offline and online spends (including Myntra)
  • No cashback on fuel spends, insurance, utilities, rent, EMI spends, gift cards, gold items, cash advances, etc.

3. Welcome Benefit:

  • Worth Rs. 600, including Rs. 500 Flipkart vouchers
  • 50% discount (up to Rs. 100) on first Swiggy transaction (Use Code AXISFKNEW)

4. Movie and Dining Benefits:

  • Up to 20% discount at partner restaurants with Axis Bank Dining Delights
  • Accelerated 4% cashback on PVR movie ticket bookings

5. Travel Benefit:

  • You receive four free passes to access domestic lounges at specified airports as a complimentary benefit.
  • Accelerated 4% cashback on Uber rides

6. Fuel Surcharge Waiver:

  • 1% waiver at fuel outlets (Rs. 400 – Rs. 4000 transactions, max benefit Rs. 400/month)

Axis Bank My Zone Credit Card:

1. Joining Fee: Rs. 500 (Nominal)

2. Privileges:

  • Movie and dining benefits
  • Domestic airport lounge access
  • 4 Reward Points (RPs) per Rs. 200 spent
  • BOGO offers on Paytm Movies, milestone benefits, fuel surcharge waiver, and more
  • Exclusive discounts on Ajio

3. Welcome Benefit:

  • Complimentary Sony LIV membership (worth Rs. 999)
  • Claimed by making a transaction within one month of card issuance

4. Reward Earning Rate:

  • Earn 4 EDGE RPs per Rs. 200 spent
  • Exclusions: wallet reloads, fuel, movies, education, EMI spends, and government spends

5. Reward Redemption:

  • Redeem points for travel, shopping vouchers, etc., at Edge Rewards portal (1 RP = Rs. 0.20)

6. Milestone Benefit:

  • Renewed Sony LIV membership on spending Rs. 1.5 Lakhs or more
  • Voucher sent within 60 days after paying the renewal fee

7. Travel Benefit:

  • 1 complimentary domestic lounge access per quarter at select Indian airports

8. Movie and Dining Benefits:

  • 15% discount (up to Rs. 500) on EazyDiner program
  • Rs. 120 off on Swiggy orders (min. Rs. 500 spend)
  • BOGO offer on Paytm Movies (max benefit Rs. 200 per month)
  • Rs. 1,000 discount on Ajio purchases

9. Fuel Surcharge Waiver:

  • 1% waiver at fuel stations (Rs. 400 – Rs. 4000 transactions, max benefit Rs. 400/month)

Which credit card suits you best?

  1. Both Flipkart Axis Bank and Axis Bank My Zone credit cards have a Rs. 500 plus taxes joining fee.
  2. Ideal choices for credit card newcomers.
  3. My Zone credit card provides 4 RPs on spends, exclusive movie and dining benefits, and complimentary domestic lounge access per quarter.
  4. Flipkart Axis Bank credit card is perfect for avid online shoppers on Flipkart.
  5. Offers exclusive cashback on Flipkart and cashback on various partner brands.
  6. Provides domestic lounge access, dining discounts, annual fee waivers, and more.

Frequently Asked Questions (FAQs)

Q1: What are the key differences between Flipkart Axis Bank Credit Card and Axis Bank My Zone Credit Card?

A: The main distinctions lie in their benefits and focus. Flipkart Axis Bank Credit Card is tailored for online shoppers, offering exclusive cashback on Flipkart and partner brands. On the other hand, Axis Bank My Zone Credit Card provides benefits like 4 RPs on spends, exclusive movie and dining privileges, catering to a broader lifestyle.

Q2: How much is the joining fee for both credit cards?

A: Both credit cards have a joining fee of Rs. 500 plus taxes.

Q3: What makes the My Zone credit card suitable for someone new to credit cards?

A: The My Zone credit card is a great option for newcomers as it provides 4 RPs on spends, exclusive movie and dining benefits, and complimentary domestic lounge access per quarter, enhancing the overall lifestyle.

Q4: Why is the Flipkart Axis Bank Credit Card recommended for online shoppers?

A: This credit card is ideal for those who love online shopping on Flipkart. It offers exclusive cashback on Flipkart purchases and additional cashback on popular partner brands.

Q5: Do both credit cards provide domestic lounge access?

A: Yes, both the Flipkart Axis Bank Credit Card and Axis Bank My Zone Credit Card offer domestic lounge access, providing cardholders with added convenience and luxury.

Q6: Are there any annual fee waivers available for the Flipkart Axis Bank Credit Card?

A: Yes, the Flipkart Axis Bank Credit Card provides annual fee waivers among its benefits, making it more appealing to users.

Q7: Can I use the My Zone credit card for purposes other than online shopping?

A: Absolutely, the My Zone credit card is versatile, offering benefits beyond online shopping, including 4 RPs on spends and exclusive movie and dining privileges.

Q8: Are there any dining discounts available with the Flipkart Axis Bank Credit Card?

A: Yes, the Flipkart Axis Bank Credit Card provides dining discounts among its various benefits, making it a well-rounded option for cardholders.

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