Axis Bank Neo Credit Card
Axis Bank · Visa · Entry card
A low-fee lifestyle card whose value comes from explicit monthly merchant offers rather than its small base reward.
Entry-level professionals looking for instant discounts on Zomato and Myntra.
Terms checked 13 Sept 2026
- Annual fee
- ₹250 + GST
- Joining fee
- ₹250 + GST
- Base reward rate
- 0.1%
- Forex markup
- 3.5%
Reward rates by spending category
Published catalogue rates before caps and merchant-category exclusions.
| Category | Recorded rate |
|---|---|
| Online shopping | 0.1% |
| Dining & delivery | 0.1% |
| Bills & utilities | 0.1% |
| Entertainment & movies | 0.1% |
| Groceries & essentials | 0.1% |
| Travel & hotels | 0.1% |
| Subscriptions & streaming | 0.1% |
| Beauty & wellness | 0.1% |
| Offline store shopping | 0.1% |
| International spending | 0.1% |
| Insurance premiums | 0.1% |
| Education & family | 0.1% |
| Healthcare & pharmacy | 0.1% |
| Other miscellaneous | 0.1% |
| Gold & jewellery | 0.1% |
| Fuel & commute | 0% |
| House rent | 0% |
Caps and fee waiver
- Reward caps
- No general cap recorded
- Annual fee waiver
- No waiver recorded
- Monthly income requirement
- Approx. ₹20,000/month
Airport lounge access
No complimentary airport lounge access recorded
Movies and entertainment
BookMyShow · 10% discount · up to ₹100 · 1 use/month
Availability: Maximum total BookMyShow benefit ₹100 per calendar month..
Benefits & conditions
Expand a category to see recorded benefits, fees and eligibility, with conditions and links to the sources. Categories without recorded details are grouped below; missing information does not mean a benefit is unavailable.
Rewards and cashback · 1 item
Base EDGE Reward Points
Usage-based value1 EDGE Reward Point per ₹200 applies to eligible base spend; merchant coupons are separate offers, not category reward rates.
Fees · 2 items
Annual card fee
Cost ₹250₹250 annual fee before applicable tax.
Joining fee
Cost ₹250₹250 one-time joining fee before applicable tax.
Welcome benefits · 1 item
Up to ₹300 utility activation cashback
Recorded value ₹300100% cashback up to ₹300 on the first eligible utility bill payment.
Conditions: Make the first eligible utility bill payment within 30 days of issuance
Movies and entertainment · 1 item
BookMyShow movie offer
Usage-based · up to ₹1,20010% discount up to ₹100, 1 time per month. Maximum total BookMyShow benefit ₹100 per calendar month.
Travel privileges · 2 items
Cleartrip offer: 7% off flights up to ₹2,000 and 18% off hotels up to ₹4,000, each once per month
Shown without a cash valueCleartrip flight and hotel discounts with per-use caps
Shown without a cash value
Dining · 1 item
Dining offer: flat ₹120 off eligible Zomato orders of at least ₹499, twice per month
Shown without a cash value
Insurance and protection · 1 item
Zero lost-card liability after prompt reporting under the cardmember agreement
Shown without a cash value
Foreign-currency charges · 1 item
Foreign-currency markup
Usage-based value3.5% foreign-currency markup before applicable tax.
Conditions: Applies to eligible foreign-currency transactions
Eligibility and availability · 1 item
Application eligibility
Shown without a cash valueApplication availability: open. No universal verified numeric income threshold is used as a hard filter. Applicants must be resident Indians or NRIs aged 18-70; no universal numeric income threshold is published.
Other benefits · 4 items
Grocery offer: 10% off Blinkit up to ₹250 on a minimum ₹750 order, once per month
Shown without a cash value5% off eligible Paytm utility payments up to ₹150 on a minimum ₹299 transaction, once per month
Shown without a cash valueFlat ₹120 off on eligible Zomato orders twice a month
Shown without a cash value5% off eligible utility payments via Paytm, up to ₹150 once per month
Shown without a cash value
Other categories (8)
These categories have no detailed entries. We distinguish confirmed absences from information that still needs review.
Fee waiver
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Spend milestones
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Card tiers
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Airport lounge access
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Golf
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Fuel benefits
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Memberships
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗Concierge
Not offeredThe reviewed issuer sources do not publish this benefit for the card.
Official source 1 ↗Official source 2 ↗
What stands out
- ✓ Standard ₹250 joining and annual fee; channel-specific lifetime-free offers may differ
- ✓ Flat ₹120 off on eligible Zomato orders twice a month
- ✓ 10% off on Blinkit and BookMyShow within their published monthly limits
- ✓ 5% off eligible utility payments via Paytm, up to ₹150 once per month
- ✓ Cleartrip flight and hotel discounts with per-use caps
What to watch
Base rewards are small; most value comes from coupon offers. Lifetime-free pricing applies only through select acquisition channels, so GainFair uses the standard fee schedule.
Recorded exclusions
Fuel Commute · Rent · Wallet load
How GainFair evaluates this card
The personal card advisor applies your monthly spending to category rates, limits rewards at the applicable caps, adds eligible movie, milestone and lounge value, and subtracts annual fees plus foreign-currency markup and GST. It can recommend keeping your current cards when a new card does not create enough incremental value.
Affiliate disclosure: Affiliate link · GainFair may earn a commission if you complete a qualifying action. You pay nothing extra, and compensation never affects recommendations or rankings. Read the full disclosure.
Compare against
These cards have the closest mix of purpose, reward style, fee model and tier. They are suggestions for comparison, not rankings.
Issuer sources
Open the sources used for this card's product details, rewards, fees and eligibility.
Sources checked 13 Sept 2026 · Latest recorded change effective 28 Aug 2026