What is the annual fee for Axis Bank Neo Credit Card?

The annual fee for Axis Bank Neo Credit Card is ₹250. The fee is waived on annual spend above ₹50,000.

What is the joining fee for Axis Bank Neo Credit Card?

The one-time joining fee for Axis Bank Neo Credit Card is ₹250.

What are the rewards and benefits of Axis Bank Neo Credit Card?

Axis Bank Neo Credit Card earns points rewards. Reward rate ranges from 0.5% to 0.5%. You earn 0.5 points per ₹100 spent.

What lounge access benefits does Axis Bank Neo Credit Card provide?

Axis Bank Neo Credit Card provides 0 domestic lounge visits per quarter and 0 international lounge visits per year.

What is the eligibility criteria for Axis Bank Neo Credit Card?

To be eligible for Axis Bank Neo Credit Card, you need a minimum monthly income of ₹15,000.

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Axis Bank

Axis Bank Neo Credit Card

Name: Axis Bank Neo Credit Card
Brand: Axis Bank
Price: 250 INR
Availability: InStock

The Axis Bank Neo Credit Card offers flat-rupee capped discounts on a small set of platforms rather than a percentage cashback rate.

Regular

CardCheck ScoreFair

Top Category Performance

RuPay UPI Scan & Pay (88/100)

Best for: Ultra-low fee beginners card — flat-rupee capped discounts on Zomato, Blinkit, Paytm utilities, BMS

Joining Fee

₹250

Annual Fee

₹250

Reward Rate (%)

0.5

Forex Markup

3.5%

Community

(0)

Your Rating

Apply may use an affiliate link — we may earn a commission; this doesn't affect our data or ratings.

CardCheck Rating & Score

Our proprietary algorithm evaluates cards across reward value, fee fairness, lounge access and terms to provide an unbiased score.

FairScore / 100

Reward Power

15/35

Fee Value & ROI

24/25

Lounge & Perks

4/20

Forex & Access

12/20

Category Strengths Breakdown

Ranked by strongest spend category

RuPay UPI Payments

88/100

Zero Fee & Starter

85/100

Fuel & Petrol

62/100

Online Shopping

50/100

Scoring Methodology: Evaluated deterministically using verified bank MITC filings, fee waiver spend ratios, reward percentage caps, and lounge agreements. No card receives sponsored score inflation. Learn how we score →

Axis Bank Neo Credit Card Benefits

Flat ₹120 off on Zomato per order (twice/month, min ₹499) — max ₹240/month

5% off utility bills via Paytm — capped ₹150/month (min ₹299)

10% off on Blinkit — capped ₹250/month (min ₹750, once/month)

10% off on BookMyShow movies — capped ₹100/month

₹150 off on Myntra on selected styles (min ₹999, per bank T&Cs)

1 EDGE REWARD point per ₹200 on all other eligible spends (~0.25% base)

Activation: ₹300 cashback on first utility bill within 30 days (Year 1)

Annual fee ₹250 (waived on ₹50,000 spend / Lifetime Free via select channels)

1% fuel surcharge

Axis Bank Neo Credit Card Rewards

How you earn back on every swipe

points

Reward type

0.5%

Earn rate

0.5

Points / ₹100

₹790

Monthly cap

Axis Bank Neo Credit Card Fees & Charges

Programme fees we track below. Interest on cash withdrawals or revolving balances, late-payment slabs and other charges are set by the bank and spelled out in their Most Important Terms and Conditions (MITC). Use the official product page for those details.

Joining fee₹250

Annual fee₹250

Fee waiver on annual spend₹50,000

Interest rate (APR)55.55%

Late payment fee (max)₹1,200

Cash advance fee2.5% (min ₹500)

Over-limit fee2.5%

Forex markup3.5%

Fuel surcharge waiverYes (₹400–₹4000)

Axis Bank Neo Credit Card Lounge Access

Airport perks included with this card

0 per quarter

Domestic lounge visits

0 per year

International lounge visits

Things to Keep in Mind

All category benefits are hard-capped — total max cashback/discount ~₹790/month if all caps hit
Zomato discount requires coupon code 'AXISNEO'; Paytm discount also requires same code
Blinkit and BookMyShow caps are once-per-month each
1 EDGE REWARD point per ₹200 is very low value (~₹0.50/₹200 = 0.25%)
No cashback on fuel, EMI, wallet loading, rent, utilities as base spend
Finance charges 3.75%/month (55.55% p.a.) if balance not paid in full — very high APR
No lounge access

Card Features

Metal Card

Contactless

UPI Linked

Fee Waiver Spend Simulator

Simulate your spend to check waiver eligibility

Waiver Target: ₹50,000/yr

Your Estimated Monthly Spend:₹4,167/mo

Presets:

Annual Fee 100% Waived₹50,004 / ₹50,000

🎉 Annual renewal fee 100% waived! At ₹4,167/mo (₹50,004/yr), your ₹250 fee drops to ₹0.

Gross Rewards+₹250

Effective Fee₹0 (Waived)

Net Profit/Yr+₹250

Tips & reviews

Community comments — not financial advice. Bank terms still apply.

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Axis Bank Neo Credit Card Eligibility

Age18+ yrs – 70

Min. income₹15,000/month

CIBIL score700+

Employment type

SalariedSelf employed

Pros & Cons

Pros

Good beginner-friendly lifetime free card
Useful discounts on food delivery and groceries
Strong value for Zomato and Blinkit users
Low-maintenance card with simple offer-based benefits
Good entertainment and utility payment offers
No annual fee for many users
Easy approval for first-time credit card users

Cons

Very limited rewards structure compared to cashback cards
Benefits depend heavily on partner offers
No airport lounge access
Low long-term value for high spenders
Forex markup is high for international usage
Offer caps reduce actual savings potential
Few premium travel or lifestyle benefits

Who is this card for?

Users who specifically spend on Zomato (twice/month ≥₹499), Blinkit (≥₹750/month), and utility bills via Paytm — and will hit the caps consistently. If your spend is more general, a flat-cashback card like Axis ACE or CASHBACK SBI will likely return more. Not suitable for international spends (3.5% forex) or users who carry a balance (55.55% p.a. APR).