Head-to-head · 🇮🇳 India
HDFC MoneyBack+ vs Axis MyZone
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IN
HDFC Bank
HDFC MoneyBack+
VISA
Wins 4 of 10
IN
Axis Bank
Axis MyZone
VISA
Wins 0 of 10
Verdict
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 BookMyShow tickets up to ₹500/transaction
- 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 — see the calculator below.
›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.