Axis Bank
Axis Bank Neo Credit Card
Annual Fee
Lifetime FreeBase Reward
0.1% points
Foreign Markup
3.5% on all foreign currency transactions
Welcome Benefits
100% Cashback Up to ₹300 on First Utility Bill Payment
Product Highlights
- 1 EDGE REWARD point on every ₹200 spent on this card.
- Get 40% off on Zomato food delivery with an Axis Bank Neo Credit Card.
- Get 15% off on dining at partner restaurants.
Category Rewards
shopping
0.10% on all eligible spends
0.1%
dining
10% off on dining
10%
Merchant-Specific Rewards
Zomato
40% off(Max ₹120 per order, twice a month)
Myntra
₹150 off(Min shopping of ₹999)
BookMyShow
10% off(Max ₹100 per month)
Blinkit
10% off(Up to ₹250 off on min spends of ₹750, once a month)
Paytm
5% off(Max ₹150 per month)
Reward Calculator
Earns ₹1,500/year (net)
Modest gain. Solid hold if you like the perks.
₹25K
across all your buckets
₹1.5K
direct cashback
₹1.5K
via direct credit
Effective rate
0.50%
Annual fee
FREE
Year 1 net
+₹1,500
Year 2+ net
+₹1,500
ongoing
Adjust your spend by reward bucket
1 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Rent payment surcharge
1%Charged on every rent transaction via CRED / NoBroker / Magicbricks / etc.
Wallet load surcharge
1%Kicks in after ₹10,000 cumulative wallet loads/cycle (Paytm, PhonePe, Mobikwik)
Utility payment surcharge
1%Kicks in after ₹25,000 cumulative utility spends/cycle
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, emi, wallet, cash advance, rent, government
Fuel surcharge waiver (good news)
1%capped at ₹400/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
1 EDGE REWARD Point for every ₹200 spent on all eligible spends. 10% off on movie tickets at BookMyShow. 40% off on food delivery with Zomato. 5% off on utility bill payments via Paytm.
Redemption
1 Edge Reward Point = ₹0.20.
Benefits & Features
Domestic: N/A International: N/A N/A
Pros & Cons
Pros
- Get 10% off while booking movies with BookMyShow.
- Discount on Zomato and partner restaurants via the Axis Dining Delights program.
Cons
- No insurance benefits provided with this card.
- No access to international or domestic lounges at airports.
- Very poor reward rate of just 0.10%.
Additional Info
Important: The card offers a very low reward rate of just 0.10%.
The card is currently offered as a lifetime free option for a limited time.
No rewards are earned on fuel, utilities, insurance, EMI, wallet reloads, rent, government, and education transactions.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
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Fees & Charges
Eligibility
Min Age
18 yrs
Networks