Axis bank neo vs myzone which is better?

[sai99488]

Hi guys, currently axis providing neo and myzone credit cards LTF for limited period. Can anyone suggest which one is better.. ?

 

[Kumar93196]

Guys I have been offfered Neo and MyZone in Visa, Mastercard, and Rupay. I don't need any of them as I already have two Axis card. But as they both are LTF I am thinking of getting one of them. What should I get?

If you use Zomato go for neo otherwise myzone is good

 

[Ekavya]

If you use Zomato go for neo otherwise myzone is good

Thanks man! It's helpful

 

[techprince]

Is there a difference between MC, Visa, Rupay variant? I already have Rupay CCs.

 

[Ekavya]

Is there a difference between MC, Visa, Rupay variant? I already have Rupay CCs.

Probably Not from banks side.

 

[techprince]

Probably Not from banks side.

No, not from bank, but network offers?

 

[Ekavya]

No, not from bank, but network offers?

They offer time to time but not much.

 

[helloworld]

Guys I have been offfered Neo and MyZone in Visa, Mastercard, and Rupay. I don't need any of them as I already have two Axis card. But as they both are LTF I am thinking of getting one of them. What should I get?

If you don't want, don't apply. It will unnecessarily open a new credit line in CIBIL, unnecessary.

 

[Kumar93196]

If you don't want, don't apply. It will unnecessarily open a new credit line in CIBIL, unnecessary

The thing is it will open a new account but decrease the credit utilisation ratio

 

[helloworld]

The thing is it will open a new account but decrease the credit utilisation ratio

yes, when ur new to credit card world it helps a lot but once u got like 2L limit on existing axis card, this itself creates 6L credit limit.

more limit on cibil put you more demanding position. So, to be on safeside advicing if not needed, don't apply because anyway you don't need it.

This increases your overall credit limit, reduces ⬇️ credit utilization, but increases ⬆️ potential debt risk in CIBIL's view.

 

[Ekavya]

5% off upto 150 if you recharge your prepaid connection using Amazon for Axis neo. 300 off on first bill payment.

One lounge, Zomato offer in Axis myzone.

So the main difference is Longe and Food partner Swiggy in Myzone?