Axis Bank Neo Credit Card

Axis Bank Neo Credit Card earns EDGE Reward Points at a primary rate of 1 point per ₹200 spent. Specifically, Effective reward rate of 0.10%. No points earned on rent, fuel, utilities, education, wallet loads, insurance, and government payments.. Spends in Lifestyle, Dining, Entertainment, Movies, Entry Level categories provide the maximum valueback per transaction on this card.

Yes, because Axis Bank Neo Credit Card is on the RuPay network, you can link it directly to any UPI application including Google Pay, PhonePe, Paytm, and BHIM. This allows you to scan merchant QR codes at local stores and pay from your credit card account while earning reward points.

Rewards earned on Axis Bank Neo Credit Card can be redeemed for Axis EDGE Rewards Portal, Merchandise, Vouchers via Axis Bank's official rewards portal or mobile banking app. Points earned remain valid for 36 months from the transaction date before expiring.

A CIBIL credit score of 700 or above is strongly recommended for approval of Axis Bank Neo Credit Card. Applicants should be Indian residents aged 21 to 65 years with a stable monthly income (salaried or self-employed with ITR) and no recent payment defaults or high credit utilization over 30%.

Axis Bank Neo Credit Card levies a forex markup fee of 3.5% of the transaction amount on transactions processed in foreign currencies. For cross-border shopping and overseas travel, remember that standard 18% GST applies on the markup charge.

Axis Bank Neo Credit Card currently features a welcome offer: "100% cashback up to ₹300 on the first utility bill payment within 30 days.". To claim this joining perk, cardholders typically need to activate the card and complete a qualifying initial transaction within 30 to 60 days of card issuance.

Key highlights include The App Ecosystem Value: This isn't a card for broad points-earning; it's a direct-discount engine. You get a flat ₹120 knocked off your Zomato food deliveries twice every month. Entertainment & Groceries: You secure an instant 10% price drop when booking movie tickets on BookMyShow or ordering quick groceries via Blinkit. Low Barrier to Entry: The ₹250 annual fee makes it incredibly accessible for first-time credit builders who want premium brand partnerships without a premium price tag. Fuel Savings: It strips away the standard 1% fuel surcharge at the pump and provided your fuel swipe lands anywhere between ₹400 and ₹4,000.. However, keep in mind that Abysmal Base Rewards: Outside of its specific partner apps and the card's earning mechanics are incredibly weak. You capture just 1 EDGE point for every ₹200 you drop. Overall, Axis Bank Neo Credit Card delivers strong value if your regular spending aligns with Lifestyle, Dining, Entertainment, Movies, Entry Level.

Axis Bank Neo Credit Card is focused on Lifestyle and Dining and Entertainment and Movies and Entry Level valueback and does not include unconditional complimentary airport lounge visits as a core benefit. If lounge access is a deciding factor for your travels, consider pairing this with a dedicated premium travel credit card.

Yes, Axis Bank Neo Credit Card includes a 1% fuel surcharge waiver for fuel spends typically between ₹400 and ₹4,000 at all government and private fuel stations in India. (1% fuel surcharge waiver (transactions between ₹400 and ₹4,000)). The monthly waiver is subject to a cap, and GST charged on the surcharge is non-refundable.