Axis Bank ACE Credit Card vs Axis Bank My Zone Credit Card
Last Updated : March 27, 2025, 1:21 p.m.
Axis Bank offers a variety of credit cards catering to different consumer needs. Two popular options are the Axis Bank ACE Credit Card and the Axis Bank MyZone Credit Card . While both aim to provide value and rewards, they differ significantly in their focus and benefits. Understanding these differences is crucial for choosing the card that best aligns with your spending habits and financial goals. This article provides a detailed comparison of these two cards, helping you make an informed decision. After you choose a credit card to apply for, get a free CIBIL score and detailed CIBIL report on Wishfin.
Axis Bank Ace Credit Card Vs Axis Bank MyZone Credit Card - Comparing features and benefits
The Axis Bank ACE Credit Card is primarily targeted towards users who frequently make online transactions, particularly on utility bills and through Google Pay. It offers a straightforward cashback structure, making it a popular choice for those seeking simplicity and direct savings. The Axis Bank MyZone Credit Card, on the other hand, is designed for entertainment and lifestyle enthusiasts. It offers benefits related to online streaming, dining, and movie tickets, making it ideal for those who prioritize leisure and entertainment spending. Let us now compare both the cards based on their features and benefits.
| Parameter | Axis Bank Ace Credit Card | Axis Bank MyZone Credit Card |
|---|---|---|
Cashback/Rewards |
|
|
Lounge access | 4 complimentary domestic lounge visits per calendar year. | 1 complimentary domestic lounge access per quarter, unlocked on spends of ₹50,000 in the previous 3 months. |
Fuel Surcharge Waiver | 1% waiver on fuel transactions between Rs. 400 and Rs. 4,000. Up to Rs. 500 per statement. | 1% waiver on fuel transactions between Rs. 400 and Rs. 4,000. Up to Rs. 400 per statement. |
Dining benefits | Up to 15% discount at more than 4,000 partner restaurants in India. | Flat Rs. 120 off on Swiggy orders |
Shopping Benefits | No specific shopping discounts mentioned. | Get up to Rs. 1,000 off on AJIO on spending at least Rs. 2,999. |
Entertainment Benefits | No specific entertainment benefits mentioned. | Receive a SonyLiv premium annual subscription of value Rs. 1,499 for free with your first purchase within the first 30 days of issuing the card. |
Comparing the Credit Cards Based on Fees and Eligibility Criteria
| Parameter | Axis Bank Ace Credit Card | Axis Bank MyZone Credit Card |
|---|---|---|
Joining fee | Rs. 499 (Waived for select channels during limited time offers) | Rs. 0 |
Annual fee | Rs. 499 from the second year onward | Rs. 0 |
Annual fee waiver | Waived if annual spends are more than Rs. 2,00,000. Rent and wallet load transactions are excluded from this calculation | NA |
Finance Charges (Retail & Cash) | 3.75% per month (55.55% per annum) | 3.75% per month (55.55% per annum) |
Cash Withdrawal Fee | 2.5% of the amount (Minimum ₹500) | 2.5% of the amount (Minimum ₹500) |
Late Payment Fee |
|
|
Over limit penalty | 2.5% of the over-limit amount (Minimum Rs. 500) | 2% of the over-limit amount (Minimum Rs. 500) |
Eligibility Criteria |
|
With Axis Bank.
25,00,000.
|
Axis Bank Ace Credit Card vs Axis Bank Myzone Card - Which Card is the Best to Choose?
Both credit cards have their own benefits. So, before choosing a card, consider your spending habits in order to maximize your benefits. If maximizing savings through cashback is your priority, go for the Axis Bank Ace Credit Card. If you enjoy entertainment perks and occasional lounge access, the Axis Bank MyZone Credit Card could be the right choice for you. If you frequently watch movies and use SonyLiv, the Axis Bank MyZone Credit Card is a good pick due to its BOGO movie offer and SonyLiv subscription. For frequent travelers, both offer lounge access, but the Ace Card provides more value in terms of cashback on everyday spending.
Conclusion
Well, you have seen all the possible differences between the Axis Bank ACE Credit Card vs Axis Bank My Zone Credit Card. Now you will have to decide which credit card would be a better option for you. Before choosing any card, you must analyze your requirement and then compare it with the credit card features. Then choose that card whose benefits fit the best with your requirement.
Frequently Asked Questions (FAQs)
