Axis Bank Neo Credit Card - Features, Benefits, Fees & Charges

Axis Bank Neo Credit Card (4.5)

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Imagine a credit card that not only rewards your everyday spending but also opens doors to a world of exclusive privileges. That's precisely what the Axis Bank Neo Credit Card offers. You can enjoy a host of perks, including savings on your utility bills, discounts on Zomato, and 15% off with the Dining Delights program, to name a few. The joining and annual fee for this card is just ₹250, making it an affordable choice for anyone looking to maximise their rewards. Keep reading to learn more about the features of this card and how it can help you save money. 👇

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus
  • Amazon gift voucher worth ₹250.
  • Zomato voucher worth ₹200.
  • Blinkit voucher worth ₹250.
  • Pharmeasy 6 months subscription.

Note: Eligible customers will receive the voucher code via SMS on a registered mobile number within 45-60 days of 1st spend.

Dining Benefit
  • 15% off on dining at partner restaurants.
  • Dining Delights Program via EazyDiner.
  • 40% off on food delivery at  Zomato.

Note: Minimum Order Value ₹1500

Zero Lost Card Liability

Protection against any fraudulent use of the card

Note: Report the loss at customer care immediately at 18605005555 or 18604195555.

EMI Benefit

Facility to convert purchases into EMIs through mobile app, internet banking or customer service.

Note: This is valid for any transaction over ₹2500.

Reward Points
  • 1 EDGE reward point on every ₹200 spent via Axis Bank Neo Credit Card. To redeem points, check the EDGE rewards catalogue.
  • Reward Rate: 0.1%
Other Benefit
  • 10% off on Blinkit - upto ₹250 off on minimum spend of ₹750, valid once per month.
  • 5% off on mobile recharges/ broadband payment/DTH recharge done through Amazon Pay, valid once per month.
Shopping Benefit

10% off on Myntra every time you shop on minimum purchase of ₹500.

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹250

Annual Fee

₹250

Annual Percentage Rate

52.86%

Add-on Card Fee

Nil

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.50%

Cash Advance Limit

40%

Card Replacement Fee

Nil

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

Nil

Reward Point Value

₹0.20
Late Payment Charges

Balance below ₹500

₹ 0

Balance from ₹501 to ₹5000

₹ 500

Balance from ₹5001 to ₹10000

₹ 750

Balance more than ₹10000

₹ 1200
Pros

Aspects that make this credit card amazing.

  1. 1 EDGE point on every ₹200 spent.
  2. Activation vouchers worth ₹700.
  3. Transactions over ₹2500 can be converted into EMIs.
  4. Affordable joining fee and renewal fee of ₹250.
  5. Annual savings up to ₹11,000 on card purchases.
Cons

Aspects this credit card lacks.

  1. Customer can avail the Zomato discount up to twice a month.
  2. Minimum order value to avail of dining benefit is ₹ 1500.
  3. No fuel surcharge waiver.
  4. No reward point on Fuel, Rent, Utilities, Educational Services, Government Institutions.
Axis Bank Neo Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(3.5)

Rewards

(4)

Customer Service

(3.5)

Axis Bank Neo Credit Card Review

If you frequently make online purchases, you may find it worthwhile to consider applying for the Axis Bank credit card. This card provides reasonable discounts on various online purchases, including clothing, daily-use items, and other lifestyle products. Additionally, you can use the card to save money on movie tickets and bill payments at a low annual fee. It is important to note, however, that this card does not offer any travel benefits or complimentary lounge access. If you need a card that provides travel benefits, you should explore other options.
Cards similar to Axis Bank Neo Credit Card:
1. Axis Bank Ace Credit Card
2. Amazon Pay ICICI Credit Card
3. Myntra Kotak Credit Card

Overview

Best For  Online Shopping
Joining Fee  ₹250
Annual Fee  ₹250
Welcome Bonus  Vouchers worth ₹700
Card Type  Cashback
Card Network  Visa

Who should get an Axis Bank Neo Credit Card?

The Axis Bank Neo Credit Card is designed for individuals who like to shop through apps. Discounts on food delivery at Zomato, BookMyShow, Myntra, and Blinkit are offered to attract the target audience. To encourage users to use their card for almost every purchase, the bank offers benefits up to ₹11,000. Also, the card comes with a chip and PIN feature to give cardholders the confidence to use it at multiple channels. Further, the zero lost liability ensures the users are protected against any fraudulent use of the card from the moment the loss is reported. 

The bottom line is anybody who is fascinated by the reward points and is ready to use the card for anything from eating to EMIs, should get Axis Bank Neo Credit Card. 

Reward Points

Receive Edge Rewards points for transactions and use them to redeem 500+ rewards and offers. 

Earn 1 point on every ₹200 spent using the NEO Credit Card.

How to apply for an Axis Bank Neo Credit Card?

Interested individuals can apply for Axis Bank Neo Credit Card with just a few online steps, described below:

  • Visit the official website of Axis Bank.
  • Click on “Explore Products” under the “Personal” section in the top menu.
  • Now click on “Credit Cards”.
  • Access “Apply Now” in the header image.
  • The link will take you to the page “Credit Card Online Application”.
  • Respond “Yes” or “No” to the question, “Are you an existing Axis Bank customer?”
  • Click on “Mobile No” if the user is a new customer.
  • Fill in the details including Mobile no., Date of birth, or PAN.
  • The user will see different options according to his or her eligibility.
  • Proceed with the suited offer and complete the application.

Axis Bank Neo Credit Card Eligibility

Applicants must be at least 18 years of age and have a steady source of income to be eligible for a credit card.

Documents Required

  • Proof of Identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.
Axis Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

Axis Bank

Axis Bank Credit Card Customer Care Number:

1860 419 5555 / 1860 500 5555.

Axis Bank Card Offers:

View Offers

Total Cards:

1,39,09,552
Axis Bank Credit Card News
13 Mar 2024, Wednesday
1. Axis Bank suspends reward redemptions for credit cards used for Business Spends

Axis Bank has suspended reward redemptions for some credit cardholders and is requesting invoices to verify travel spending. The bank believes that some cardholders are misusing reward points by using their cards for business expenses, which is against the terms of the cardholder agreement. Axis Bank says that this is a routine exercise to monitor suspicious spending, but some genuine cardholders have also been flagged. Experts recommend using separate business credit cards to avoid such problems.

29 Nov 2023, Wednesday
2. Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January, 2024.

Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January 2024. The main changes include:

  • No points for government and utility spending: Cardholders will no longer earn any Vistara Points on transactions made towards government dues, utility bills, and insurance premiums. These were previously high-yielding categories that contributed significantly to point accumulation.
  • Loss of monthly milestone benefit: The monthly milestone benefit of 25,000 Vistara Points will also be discontinued. This was a valuable benefit for cardholders who consistently spent a certain amount each month.
10 Oct 2023, Tuesday
3. Axis Bank and Fibe have partnered to launch India's first numberless credit card.

Axis Bank, has teamed up with Fibe (formerly EarlySalary) to introduce the country's first-ever numberless credit card tailored for the tech-savvy Generation Z demographic.

This innovative credit card offers heightened security by eliminating the conventional card number, expiry date, and CVV code typically printed on physical cards. This forward-thinking design is expected to reduce the risk of identity theft or unauthorized access to cardholders' information, ensuring the utmost in security and privacy. The card will be accessible to Fibe's extensive customer base, which exceeds 2.1 million individuals.

13 May 2023, Saturday
4. Axis Bank links Rupay credit cards with UPI.

Axis Bank has enabled linkage of RuPay Credit Cards with Unified Payments Interface (UPI). This means that Axis Bank customers can now use their RuPay Credit Cards to make payments through UPI. UPI is a real-time payment system developed by National Payments Corporation of India (NPCI). It allows users to make instant payments to any bank account in India with just a few taps on their phone.

11 Apr 2023, Tuesday
5. Axis Bank Credit Cards adds six new transfer partners to EDGE Rewards

Taking the number up to 19, Axis bank added 6 new transfer partners to its existing list. These include hotel networks Accor ALL & Wyndham Rewards, Star Alliance’s Air Canada’s Aeroplan & Thai Airways Royal Orchid Plus as well as Oneworld Alliance’s Japan Airlines JAL Mileage Bank & Qantas Frequent Flyer.

These 19 transfer partners are cumulatively a part of Axis bank’s reward program known as the EDGE Rewards.

Axis Bank Neo Customer Reviews

Overall Rating

3

Based on 1 reviews

Rating Summary

5
0%
4
0%
3
100%
2
0%
1
0%

Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

The bank provides the Axis Bank Neo Credit Card, which provides various discounts, cashback, and reward points for shopping. The joining fee of Rs. 250 is waived if you spend Rs. 2,500 in 45 days, and the annual fee is Rs.250.

You can use the Axis EDGE online website to redeem your Axis Bank reward points. Log in to your Edge account and click the "Redeem Now" button. Choose from various options such as reward stores, recharges, bookings, and partner deals. Navigate to the menu, reward points, and redeem now by downloading the Axis mobile app.

The My Zone Credit Card and Neo Credit Card both offer exciting benefits and a low annual fee, but the annual fee should not be the only consideration when selecting one. The My Zone Card provides a higher rate of return on all retail purchases, whereas the Neo Credit Card provides cashback on utility bill payments and mobile recharges. Both cards provide exciting movie and dining benefits, but only the My Zone Card provides complimentary lounge access.

Yes, the interest-free period can last between 20 and 50 days. Customers benefit from this interest-free period because it allows them to make payments without incurring any charges or late fees.

Axis Bank currently does not provide secondary cards or joint accounts for any of its products. This is primarily due to security concerns and the need to ensure that only authorised individuals can access funds in an account.

You get a 1% fuel surcharge waiver at all authorized fuel stations for all fuel transactions between Rs. 400 and Rs. 4,000.

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