Axis Bank Neo Credit Card
Axis Bank
Annual Fee
FREE
Joining Fee
Lifetime Free (Limited Time Only)
Base Reward
0.1% points
Foreign Markup
3.5% on all foreign currency transactions
Interest Rate
3.75% Per Month (55.55% Per Annum)
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.
Rewards
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.
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 0.1%(0.10% on all eligible spends) | No cap |
dining | 10%(10% off on dining) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| Zomato | 40% off(Max ₹120 per order, twice a month) | online |
| BookMyShow | 10% off(Max ₹100 per month) | online |
| Paytm | 5% off(Max ₹150 per month) | online |
| Myntra | ₹150 off(Min shopping of ₹999) | online |
| Blinkit | 10% off(Up to ₹250 off on min spends of ₹750, once a month) | online |
Benefits & Features
Domestic: N/A International: N/A N/A
Fees & Charges
Eligibility
Min Age
18 years
Max Age
70 years
Available Networks
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