Axis MyZone vs HSBC Premier
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
HSBC Premier wins 4-3. HSBC Premier banking clients, no annual fee with relationship. Axis MyZone is still the right call if entry-tier with strong entertainment partnerships..
Side-by-side
| Criterion | Axis MyZone | HSBC Premier |
|---|---|---|
| Annual fee | · ₹500 | No annual fee |
| Joining fee | · ₹500 | None |
| Top reward rate | · 1% (general) | 3% (travel) |
| Base reward rate | = 1% | = 1% |
| Forex markup | = 3.5% | = N/A |
| Welcome bonus | = ₹500 SonyLIV / Eros Now subscription | = 40,000 reward points on Premier banking opening |
| Fee waiver threshold | ₹100,000 / yr | · N/A (no fee) |
| Min income | ₹240,000 | · ₹4,000,000 |
| Min credit score | 720 | · 800 |
| Editorial rating | · 4/5 | 4.5/5 |
Benefits compared
Axis MyZone
- Buy-1-get-1 movie tickets on District, spend-gated from 1 Nov 2026 (₹25,000 settled spend in the previous 3 months)
- 40% off on Swiggy (capped ₹120)
- Sony LIV / Eros Now annual subscription
- 4 reward points per ₹200
- 1% fuel surcharge waiver
HSBC Premier
- 3 reward points per ₹100 on travel + dining
- 1 reward point per ₹100 on others
- Free for HSBC Premier clients (₹40L+ relationship)
- Unlimited international lounge visits via LoungeKey
- Worldwide travel + emergency assistance
FAQ
›Axis MyZone vs HSBC Premier: which is better?
HSBC Premier wins on more dimensions (4 vs 3). But the right answer depends on your specific spending pattern. Run your own monthly spend through the maximizer to see which one pays you more.
›Can I get both?
Yes, if your credit profile supports it, holding both is the optimal play. Use Axis MyZone for its best categories, HSBC Premier for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Axis MyZone: ₹500 SonyLIV / Eros Now subscription. HSBC Premier: 40,000 reward points on Premier banking opening.