Last Reviewed: May 2026
Axis MyZone Credit Card Review: Lifetime Free with Dining Benefits
Looking for a lifetime-free credit card that rewards dining and entertainment? The Axis MyZone Credit Card is an entry-level card designed for lifestyle spenders who enjoy dining discounts, movie benefits, and shopping offers without paying annual fees. With SonyLiv Premium included and 15% dining discounts at 1,000+ restaurants, it’s a solid choice for foodies.
In this review, we cover fees, rewards, dining benefits, movie offers, and who this card is best suited for.
Is the Axis MyZone Card Worth It?
Short answer: Yes, if you dine out frequently and appreciate SonyLiv Premium membership. Lifetime-free status plus 15% dining discounts easily justify getting this card.
Not ideal if: You don’t dine out much, want high cashback rewards, or need travel lounge access.
Fees & Welcome Benefits
| Fee Type | Amount |
|---|---|
| Joining Fee | Nil (Lifetime Free) |
| Annual Fee | Nil (Lifetime Free) |
| Welcome Bonus | Complimentary SonyLiv Premium (worth ₹999/year) |
| SonyLiv Renewal | Free on ₹1.5L+ annual spend |
Real value: Free SonyLiv subscription alone is worth ₹999 annually. Combined with lifetime-free status, this card has zero net cost if you use the streaming benefit.
Rewards Structure
| Category | Reward Rate | Redemption Value |
|---|---|---|
| Dining & Entertainment | 4 RP per ₹200 (0.4%) | 1 RP = ₹0.20 |
| General Purchases | 1 RP per ₹200 (0.2%) | 1 RP = ₹0.20 |
| Exclusions | No rewards on fuel, movies, EMI | — |
Real-world earning: Spend ₹50K/month on dining = ₹1,000 RP = ₹200 monthly value. Modest but coupled with dining discounts, the total lifestyle benefit is decent.
Dining Delights Program
This is the card’s standout feature:
| Benefit | Details |
|---|---|
| Minimum Discount | 15% off at 1,000+ partner restaurants |
| Partner Restaurants | All major Indian dining chains included |
| Best For | Regular diners who use discounts consistently |
| How to Redeem | Show card at restaurant checkout |
Example calculation: Dine out 8 times/month at ₹600 per meal = ₹4,800/month × 15% = ₹720 monthly savings = ₹8,640 annually. This alone justifies the card.
Shopping & Entertainment Offers
| Offer | Details & Discount |
|---|---|
| Swiggy | 24% off using AXIS120 code, max ₹120/transaction, 2x per month (min ₹499 order) |
| Ajio | Up to ₹1,000 off on ₹2,999+ using AJIOAXISMZ code |
| Flipkart | 10% instant discount during Flipkart sale events |
| Movies (BOGO) | Buy 1 Get 1 free, max ₹200 off 2nd ticket, once/month via Paytm |
| EazyDiner | 15% off up to ₹500 on min ₹1,500 order, 2x per month |
Total lifestyle value: SonyLiv (₹999) + Dining discounts (₹8,640) + Shopping offers (₹2,000+) = ₹11,600+ annual benefit with zero fees.
Eligibility Requirements
| Requirement | Details |
|---|---|
| Minimum Fixed Deposit | ₹20,000 with Axis Bank |
| Minimum Age | 18 years |
| Income Proof | Salary slips, ITR, or bank statements |
| Identity Proof | Aadhaar, PAN, or Passport |
| Address Proof | Utility bills or lease agreement |
Key point: You must open a ₹20K FD with Axis Bank before applying. This FD earns interest (~7%) while you use the card—double benefit.
How to Apply
Step 1: Open ₹20K fixed deposit at Axis Bank branch
Step 2: Visit Axis Bank website and navigate to MyZone Credit Card
Step 3: Fill application with PAN, Aadhaar, address proof, income proof
Step 4: Submit and wait for approval (typically 5-7 days)
Step 5: Receive card and activate immediately
Pro tip: Apply online for faster approval than visiting a branch.
Pros & Cons
| Pros ✅ | Cons ❌ |
|---|---|
| Lifetime free (zero annual fees) | Requires ₹20K FD commitment |
| 15% dining discounts at 1,000+ restaurants | Reward rate very low (0.4% on dining) |
| Free SonyLiv Premium (₹999 value) | SonyLiv renewal requires ₹1.5L annual spend |
| BOGO movie offers (Paytm) | No travel lounge access |
| Shopping discounts (Swiggy, Flipkart, Ajio) | Limited to lifestyle spending, not all categories |
| No credit history needed (FD-backed) | Restaurant discounts don’t apply everywhere |
Final Verdict: Who Should Apply?
Rating: 4.1/5 for frequent diners | 3/5 for casual spenders
Perfect for: People who dine out 6+ times/month, enjoy SonyLiv, want movie discounts, and are comfortable maintaining a ₹20K FD.
Skip if: You rarely dine out, don’t stream content, prefer credit cards with travel benefits, or want high cashback rates.
Bottom line: This card’s genius is in lifestyle benefits—dining discounts alone generate ₹8,600+ annual value. Combine that with free SonyLiv and movie offers, and you’re looking at ₹11,600+ annual benefit on a free card. If you’re a foodie, it’s a no-brainer.
How to apply: Visit Axis Bank’s official website after opening your FD.
Last updated: May 2026. Dining discounts, shopping offers, and fee structure current as of this date.