HDFC MoneyBack+ vs Axis MyZone
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
HDFC MoneyBack+ wins 4-0. Entry-level cashback with very low waiver bar. Axis MyZone is still the right call if entry-tier with strong entertainment partnerships..
Side-by-side
| Criterion | HDFC MoneyBack+ | Axis MyZone |
|---|---|---|
| Annual fee | = ₹500 | = ₹500 |
| Joining fee | = ₹500 | = ₹500 |
| Top reward rate | 5% (shopping) | · 1% (general) |
| Base reward rate | 2% | · 1% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = 500 CashPoints on first transaction | = ₹500 SonyLIV / Eros Now subscription |
| Fee waiver threshold | ₹50,000 / yr | · ₹100,000 / yr |
| Min income | = ₹240,000 | = ₹240,000 |
| Min credit score | = 720 | = 720 |
| Editorial rating | 4.1/5 | · 4/5 |
Benefits compared
HDFC MoneyBack+
- 5% on Amazon, Flipkart, Big Basket, Reliance Smart Bazaar (capped ₹1K/month)
- 2% on EMI transactions
- 1 fuel surcharge waiver
- Quarterly milestone vouchers
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
FAQ
›HDFC MoneyBack+ vs Axis MyZone: which is better?
HDFC MoneyBack+ wins on more dimensions (4 vs 0). 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 HDFC MoneyBack+ for its best categories, Axis MyZone for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
HDFC MoneyBack+: 500 CashPoints on first transaction. Axis MyZone: ₹500 SonyLIV / Eros Now subscription.