2 EDGE Reward Points / ₹100
Strong data Pairwise comparison
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Axis Bank My Zone vs SBI Card PhonePe SBI SELECT BLACK Credit Cards – Fees, Lounge, Forex
Side-by-side comparison of the Axis Bank My Zone and the SBI Card PhonePe SBI SELECT BLACK. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
VerdictPick PhonePe SBI SELECT BLACK for rewards and upi.
Head-to-head
Three core metrics- Annual fee My Zone saves ₹999/yrMy Zone ₹500 Annual-fee waiver not offeredPhonePe SBI SELECT BLACK ₹1,499 Waivable at ₹3,00,000 spend
- Forex markup My Zone 3.5%PhonePe SBI SELECT BLACK 3.5%
- Domestic lounge My Zone 4/year (1 per quarter) Conditional · Domestic: 1/quarter · requires ₹50,000 spend in the previous 3 calendar monthsPhonePe SBI SELECT BLACK 4/year (1 per quarter)
Reward earning explained
Per card1 pt / ₹100
Strong dataPick based on what matters
4 dimensionsStart with the constraint you care about most: annual fee (Axis Bank My Zone: ₹500 vs SBI Card PhonePe SBI SELECT BLACK: ₹1,499), forex markup (3.5% vs 3.5%), or lounge access (4/year (1 per quarter) vs 4/year (1 per quarter)).
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Forex markup Tie Both cards are similar for forex
Forex markup is 3.5%.
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Lounge access Tie Both cards are similar for lounge access
Domestic lounge access is 1 per quarter.
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Rewards SBI Card PhonePe SBI SELECT BLACK wins SBI Card PhonePe SBI SELECT BLACK is better for rewards
SBI Card PhonePe SBI SELECT BLACK is stronger here. SBI Card PhonePe SBI SELECT BLACK conservative base value ~1% vs Axis Bank My Zone's ~0.4%.
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upi SBI Card PhonePe SBI SELECT BLACK wins SBI Card PhonePe SBI SELECT BLACK is better for UPI usage
SBI Card PhonePe SBI SELECT BLACK is stronger here. Supports UPI via RuPay network.
All fields
Example usage at this monthly spend
At ₹50k/month spend:
- PhonePe SBI SELECT BLACK: ~₹500/month at base rate
- My Zone: ~₹200/month at base rate
Illustrative only, using current base rates before caps.
| Field | My Zone Axis Bank | PhonePe SBI SELECT BLACK SBI Card |
|---|---|---|
| Lounge Access | ||
| Domestic lounge visits spend-gated on some cards — see caveats | 4/year (1 per quarter) | 4/year (1 per quarter) |
| International lounge visits Only available for PhonePe SBI SELECT BLACK | Not specified | 4 per year |
| Forex / International Use | ||
| Forex markup | 3.5% | 3.5% |
| Fees | ||
| Recurring annual fee ₹500 vs ₹1,499 | ₹500 | ₹1,499 |
| Annual-fee waiver Not offered vs ₹3,00,000 | Not offered | ₹3,00,000 |
| 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–₹4,000 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–₹4,000 transactions · ₹250/month waiver cap · Fuel rewards excluded |
| Rewards | ||
| Points per ₹100 Some reward lanes are unsupported — base rate only for comparison. 2 EDGE Reward Points / ₹100 vs 1 pt / ₹100 | 2 EDGE Reward Points / ₹100 | 1 pt / ₹100 |
| Conservative base value ~0.4% vs ~1% | ~0.4% | ~1% |
| Earn ceiling Not stated vs 1,500 points per month; at 10 pts / ₹100, this lane reaches the cap at ₹15,000 of eligible spend | Not stated | 1,500 points per month; at 10 pts / ₹100, this lane reaches the cap at ₹15,000 of eligible spend |
| Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for My Zone | ₹0.2 | Not specified |
| Point validity Only available for PhonePe SBI SELECT BLACK | Not specified | 2 years |
Notes
- Axis Bank My Zone Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
- 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 , opens external siteSBI Card PhonePe SBI SELECT BLACK
Verify with issuer , opens external site