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

SBI Card MILES has lower forex markup (3% vs 3.5%).

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

Axis Bank My Zone Credit Card has a lower annual fee (₹500 annual fee vs ₹1,499 annual fee).

Which card offers better lounge access?

Axis Bank My Zone Credit Card: 1 per quarter domestic lounge. SBI Card MILES: 1 per year domestic lounge.

Which card has a higher base reward rate?

Axis Bank My Zone Credit Card has higher conservative base reward value (~0.4% vs ~0.13%).

Pairwise comparison Compare 3+ cards →

Axis Bank My Zone vs SBI Card MILES Credit Cards – Fees, Lounge, Forex

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

My Zone

MILES

The short answer

Verdict

Pick My Zone for lounge access.

Pick MILES for spending abroad.

Head-to-head

Three core metrics

Annual fee

My Zone ₹500 Annual-fee waiver not offered

MILES ₹1,499 Waivable at ₹6,00,000 spend

My Zone saves ₹999/yr
Forex markup

My Zone 3.5%

MILES 3%

MILES saves ~₹500 per ₹1L abroad
Domestic lounge

My Zone 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹50,000 spend in the previous 3 calendar months

MILES 1/year Conditional · Domestic: 1/year · requires ₹1,00,000 spend in the previous year

My Zone: +3 lounge visits/yr

Reward earning explained

Per card

My Zone

2 EDGE Reward Points / ₹100

Strong data

MILES

1 Travel Credits / ₹200 · Up to 2 Travel Credits / ₹200 on Travel

Strong data

Pick based on what matters

3 dimensions

Start with the constraint you care about most: annual fee (Axis Bank My Zone: ₹500 vs SBI Card MILES: ₹1,499), forex markup (3.5% vs 3%), or lounge access (4/year (1 per quarter) vs 1/year).

Forex markup SBI Card MILES wins

SBI Card MILES is better for forex

SBI Card MILES is stronger here. SBI Card MILES has a lower forex markup (3% vs 3.5%).
Lounge access Axis Bank My Zone wins

Axis Bank My Zone is better for lounge access

Axis Bank My Zone is stronger here. Axis Bank My Zone offers 4 domestic lounge visits per year versus 1.
Rewards Tie

Both cards are similar for rewards

Axis Bank My Zone conservative base value ~0.4% vs SBI Card MILES's ~0.1%. SBI Card MILES conservative base value ~0.1% vs Axis Bank My Zone's ~0.4%.

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

My Zone: ~₹200/month at base rate
SBI MILES: ~₹60/month at base rate

Illustrative only, using current base rates before caps.

Field	My Zone Axis Bank	MILES SBI Card
Insurance — Lost card liability cover Only available for SBI MILES	Not specified	₹1 lakh
Insurance — Underwriter Only available for SBI MILES	Not specified	Insured by ICICI Lombard General Insurance Company Limited
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats 4/year (1 per quarter) vs 1/year	4/year (1 per quarter)	1/year
International lounge visits Only available for SBI MILES	Not specified	No international lounge access
Forex / International Use
Forex markup Source agreement differs — verify both. 3.5% vs 3%	3.5%	3%
Fees
Recurring annual fee ₹500 vs ₹1,499	₹500	₹1,499
Annual-fee waiver Not offered vs ₹6,00,000	Not offered	₹6,00,000
Monthly interest rate	3.75% / month	3.75% / month
Fuel benefit 1% surcharge waiver · ₹400–₹4,000 transactions · ₹500/month waiver cap · Fuel rewards excluded vs 1% surcharge waiver · ₹500–₹3,000 transactions · ₹250/month waiver cap · Fuel rewards excluded	1% surcharge waiver · ₹400–₹4,000 transactions · ₹500/month waiver cap · Fuel rewards excluded	1% surcharge waiver · ₹500–₹3,000 transactions · ₹250/month waiver cap · Fuel rewards excluded
Rewards
Base earn 2 EDGE Reward Points / ₹100 vs 1 Travel Credits / ₹200	2 EDGE Reward Points / ₹100	1 Travel Credits / ₹200
Conservative base value ~0.4% vs ~0.1%	~0.4%	~0.1%
Earn ceiling Not stated vs Calendar-month cap: 5,000 Travel Credits shared across General spend & Travel	Not stated	Calendar-month cap: 5,000 Travel Credits shared across General spend & Travel
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. ₹0.2 vs ₹1	₹0.2	₹1
Point validity Only available for SBI MILES	Not specified	2 years

Notes

Axis Bank My Zone Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
SBI Card MILES: Condition: ₹1,00,000 spend in the previous year
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

Axis Bank My Zone

Verify with issuer

SBI Card MILES

Verify with issuer