Basic Information

Welcome Benefits Activation Cashback: 100% cashback up to ₹300 on the first eligible utility payment made within 30 days of card issuance; one-time offer subject to qualifying transaction conditions

Card Details Card Name: Axis Bank NEO Credit Card
Bank Name: Axis Bank

Card Category Entry Level

Eligibility Minimum Age: 18 years
Maximum Age: 70 years
Residency: Indian residents and NRIs may apply, subject to bank approval

Credit Limit Credit Limit: Determined individually following the bank's assessment

Rewards Program

Reward Points Reward Rate: 1 EDGE REWARD Point for every ₹200 of eligible spending
Reward Redemption Value: Depends on the selected reward and redemption option
Reward Exclusions: Eligible rewards do not generally accrue on utility and telecom payments, rent, fuel, education, insurance, wallet loads, government payments and other excluded categories

Redemption Redemption Options: Eligible items and offers through the EDGE REWARDS catalogue

Travel Benefits

Travel Offers Flight Discount: 7% off eligible domestic and international flight bookings through Cleartrip, capped at ₹2,000, subject to offer terms
Hotel Discount: 18% off eligible hotel bookings through Cleartrip, capped at ₹4,000, subject to offer terms

Shopping Benefits

Online Shopping Blinkit Discount: 10% off, up to ₹250 on a minimum order of ₹750; once per month under the published offer terms
Myntra Discount: ₹150 off eligible orders of at least ₹999 on selected styles; the published offer states validity through 31 March 2026, so reconfirm before listing as an active benefit

Brand Offers Wednesday Offers: Selected partner promotions may include discounts on travel, food delivery and beauty shopping; availability and limits depend on the current offer

EMI Offers EMI Conversion: Eligible purchases can be converted to instalments through supported Axis Bank channels

Fuel Benefits

Fuel Savings Fuel Surcharge: 1% transaction surcharge listed in the fee schedule; applicable conditions and taxes may vary

Dining & Entertainment

Dining Zomato Discount: ₹120 off eligible food orders of at least ₹499, up to twice per month, using code AXISNEO; RuPay-linked UPI payments are excluded under the published terms

Movies BookMyShow Discount: 10% off eligible movie-ticket purchases, with a maximum monthly benefit of ₹100 under the published offer

Entertainment Wednesday Entertainment Offers: Selected partner deals may be available through the bank's Wednesday promotions

Daily Spending Benefits

Utility Bills Paytm Utility Offer: 5% off eligible mobile recharge, mobile postpaid, electricity or DTH transactions; maximum ₹150 per month, minimum transaction ₹299, once per month

Grocery Blinkit Grocery Savings: 10% off eligible orders, capped at ₹250 per month with a minimum order of ₹750

Rent Payments Rent Transaction Fee: 1% per transaction, plus applicable taxes

Insurance Payments Insurance Premium Rewards: Insurance transactions are excluded from standard EDGE REWARD earning under the published exclusions

Education Education Payment Fee: 1% on eligible education payments made through third-party apps

Insurance & Protection

Card Security Lost Card Protection: Zero liability for eligible fraudulent transactions reported after the loss is reported to Axis Bank, subject to the cardmember agreement

Digital Features

Payments Contactless Payment: EMV chip-and-PIN security and contactless payment capability

Add-on Features

Family Benefits Add-on Card Joining Fee: ₹0
Add-on Card Annual Fee: ₹0

EMI Features Purchase-to-EMI Conversion: Eligible transactions above ₹1,500 may qualify for conversion through the bank's app, internet banking or customer service

Fees & Charges

Joining Charges Standard Joining Fee: ₹250; lifetime-free and other channel-specific offers may differ

Annual Charges First-Year Annual Fee: ₹0 under the standard published fee schedule
Second-Year-Onwards Annual Fee: ₹250
Annual Fee Waiver: No standard spend-based waiver listed in the published fee schedule

Finance Charges Monthly Interest Rate: 3.75%
Annual Interest Rate: 55.55%
Late Payment Fee: ₹0 for dues below ₹500; ₹500 for ₹501–₹5,000; ₹750 for ₹5,001–₹10,000; ₹1,200 for ₹10,001–₹50,000; ₹1,300 above ₹50,000

Cash Advance Charges Cash Withdrawal Fee: 2.5% of the withdrawn amount, minimum ₹500

EMI Charges EMI Facility: Eligible purchases above ₹1,500 may be converted into EMIs, subject to applicable terms

Forex Charges Foreign Currency Markup: 3.50% of the transaction value
Dynamic Currency Conversion Markup: 3.50% plus applicable taxes

Other Charges Card Replacement Fee: ₹0
Overlimit Fee: 2.5% of the excess amount, minimum ₹500
Reward Redemption Fee: Applicable; confirm the current redemption tariff

Customer Support

Service Customer Support: Axis Bank credit-card support at 1860 500 5555 or 1860 419 5555, as published on the product page

Performance & Ratings

Best Usage Best For: Food delivery discounts, grocery orders, utility-payment offers, movie tickets and selected travel bookings

Advantages Pros: Low standard annual fee; recurring partner discounts; EDGE REWARD points on eligible spending; utility-payment activation cashback; selected flight and hotel discounts

Limitations Cons: Standard rewards exclude several everyday spending categories; partner discounts have monthly caps and eligibility conditions; foreign-currency transactions attract a markup; interest costs can be high if the balance is not repaid in full