Axis Bank Neo Credit Card
Rewards & Benefits
Welcome Benefits
100% cashback up to INR 300 on the first utility bill payment within the first 30 days of card issuance.
Milestone Benefits
Cashback Rate
40% off on Zomato.
5% off on utility bill payments through AmazonPay.
10% off on Blinkit, Myntra, and movie tickets.
You can earn 2 Edge reward points for every Rs. 200 spent on this card.
1 Edge Point = INR 0.20. Effective cashback rate: 0.1%.
Movie Benefits
Dining Benefits
Other Benefits
Lounge Access
Fees & Charges
Joining Fee
0
Annual Fee
Joining and Annual Fees: Lifetime free credit card.
Cash Advance Fee
2.5% (INR 500 whichever is higher)�
Interest rate
3.6% p.m. (52. 86% p.a.)
Late Payment Fee
Late Payment Charges: Ranges from INR 500 to INR 1200.
Foreign Currency Transactions Fee
Foreign Currency Mark-up Fees: 3.5% of the transaction value.
Other Fees
Cash Advance Charges: 2.5% (INR 500 whichever is higher)
Cons
No lounge access programs are available.
Cashbacks are capped and are only available on a minimum-spending basis.
Reward redemption fees are levied upon the customers.
No Fuel surcharge waiver is provided.
Very low cashback rate.
Welcome Benefit: Users will get 100%cashback up to INR 300 on their first utility bill payment within first 30 days of card issuance.
Reward System: 40% off on Zomato, 5% off on utility bill payments through AmazonPay, and 10% off on Blinkit, Myntra, and movie tickets. Users can also earn 1 EDGE REWARD point for every Rs. 200 spent on this card. 1 EDGE Point = INR 0.20 Effective Cashback Rate: 0.1%
Other Benefits: Customers can receive a 15% discount at participating restaurants.
Rewards & Benifits
Welcome Benefits
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Rewards System
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International Forex Markup
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Welcome Benefits and Reward System
Special Features
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Eligibility Criteria
Primary Cardholder: Must be between 18 and 70 years old.
Add-on Cardholder: Must be over 15 years old.
Resident Indian: The card is open to individuals residing in India.
While Axis Bank doesn't specify a minimum credit score, a good credit score (generally above 750) improves your chances of approval.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Contact Details
1860 500 5555
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefit: Users will get 100%cashback up to INR 300 on their first utility bill payment within first 30 days of card issuance.
Reward System: 40% off on Zomato, 5% off on utility bill payments through AmazonPay, and 10% off on Blinkit, Myntra, and movie tickets. Users can also earn 1 EDGE REWARD point for every Rs. 200 spent on this card. 1 EDGE Point = INR 0.20 Effective Cashback Rate: 0.1%
Other Benefits: Customers can receive a 15% discount at participating restaurants.
No lounge access programs are available.
Cashbacks are capped and are only available on a minimum-spending basis.
Reward redemption fees are levied upon the customers.
No Fuel surcharge waiver is provided.
Very low cashback rate.
The Axis Bank Neo Credit Card is a budget-friendly option targeted towards young adults and those new to credit cards. However, if you're a frequent traveler or someone who spends a lot and wants to maximize rewards, you might be better off considering other credit cards with higher reward rates or travel benefits.
The Axis Bank Neo Credit Card is a budget-friendly option targeted towards young adults and those new to credit cards. However, if you're a frequent traveler or someone who spends a lot and wants to maximize rewards, you might be better off considering other credit cards with higher reward rates or travel benefits.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
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Fuel Surcharge
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Billing Cycle
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