Which card has a lower forex fee: Axis Bank My Zone Credit Card or IndianOil HDFC Bank Credit Card?

Both cards have the same forex markup (3.5%).

Which card has a lower annual fee: Axis Bank My Zone Credit Card or IndianOil HDFC Bank Credit Card?

Both cards have the same annual fee (₹500).

Which card offers better lounge access?

Axis Bank My Zone Credit Card: 1 per quarter domestic lounge. IndianOil HDFC Bank Credit Card: Domestic lounge details not available.

Which card has a higher base reward rate?

IndianOil HDFC Bank Credit Card has higher base reward value (~0.64% vs ~0.4%).

Pairwise comparison Compare 3+ cards →

Axis Bank My Zone vs HDFC Bank IndianOil Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the Axis Bank My Zone and the HDFC Bank IndianOil. Verify fees, lounge access, forex markup, and base rewards before you apply.

Quick comparison

Three core metrics

My Zone Axis Bank

Annual fee ₹500
Forex markup 3.5%
Domestic lounge 1/quarter Conditional · Domestic: 1/quarter · requires ₹50,000 spend in the previous 3 calendar months

IndianOil HDFC Bank

Annual fee ₹500 Waivable at ₹50,000 spend
Forex markup 3.5%
Domestic lounge Not specified

Reward earning explained

Per card

My Zone

2 pts / ₹100 on General spend (4 EDGE REWARD points per ₹200 (= 2/₹100). Exclud…

IndianOil

5% on Grocery (domestic) (Min transaction INR 150 per category. MCCs 5411, 5499…

Pick based on what matters

2 dimensions

Start with the constraint you care about most: annual fee (Axis Bank My Zone: ₹500 vs HDFC Bank IndianOil: ₹500), forex markup (3.5% vs 3.5%), or lounge access (1/quarter vs Not specified).

Forex markup Tie

Both cards are similar for forex

Forex markup is 3.5%.
Lounge access Insufficient data

Insufficient data to compare lounge access

Only Axis Bank My Zone has comparable evidence here. Domestic lounge access is 1 per quarter.

My Zone: Limited data

Verify with issuer

Confidence: Low (limited information available)

Verify with issuer

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

IndianOil HDFC Bank: ~₹320/month at base rate
My Zone: ~₹200/month at base rate

Illustrative only, using current base rates before caps.

Swipe for all fields

Field	My Zone Axis Bank	IndianOil HDFC Bank
Lounge Access
Domestic lounge visits Only available for My Zone	1/quarter	Not specified
Forex / International Use
Forex markup	3.5%	3.5%
Fees
Annual fee	₹500	₹500
Joining fee	₹500	₹500
Fee waiver spend Only available for IndianOil HDFC Bank	Not specified	₹50,000
Rewards
Reward points (base spend) 2 pts/₹100 vs 1 pts/₹150	2 pts/₹100	1 pts/₹150
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. ₹0.2 vs ₹0.96	₹0.2	₹0.96
Point validity Only available for IndianOil HDFC Bank	Not specified	2 years

Notes

Some data has low confidence — verify with the issuer before relying on it.
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.