Axis Bank Neo Credit Card

Overview

Updated On: August 24, 2026 | AB Published by: Amit B | 3 min read

Axis Bank Neo Credit Card is an entry level credit card from Axis Bank and is ideal for bachelors or small family with low expenditure. This credit card provides attractive discount offers on some very popular e-commerce merchants like Zomato, Eazydiner, BookMyShow, Blinkit etc. along with discount on utility bills. However, the regular reward rate on this credit card is very low. So, this credit card is mostly useful for shopping on these partner sites/apps or for Axis Bank's instant discount offers which appears occasionally on online and offline merchants. This card has very low eligibility criteria and easy approval. So, people who are starting their credit card journey or those who cannot fulfill high income criteria, can apply this credit card.Lifetime Free Offer: Under a limited time offer, the card is being offered as Lifetime Free. That means, if you apply for this credit card now, you will never be charged joining and renewal fees. Since it's a limited time offer, after entering your details of the credit card application page, it will show you the Joining Fee and Renewal Fee. If both are Zero, then it confirms that you would be getting the credit card as Lifetime Free. In this way, make sure you check the fee at the time of applying this credit card.

Pros

Attractive discounts on Zomato and Eazydiner Apps
Eligible for instant discount offers of Axis Bank which are quite frequent
Eligible for additional offers and cashback through Axis Bank's GrabDeals portal (http://grabdeals.axisbank.com)
Easy approval and low eligibility criteria

Cons

Very low reward rate on regular spend
Very basic card with no significant benefits

Fees & Charges

Joining / Annual Fee ₹ 295

Renewal Fee ₹ 295

Annual Spend Target for Fee Waiver ₹ 9,999,999

Minimum Annual Income Required ₹ 240,000

Rewards and Benefits

Reward Rate

0.1

Base Reward Rate

0.1%

Accelerated Reward Rate

0.1%

Welcome Benefits

No Welcome Benefits

Renewal Benefits

No Renewal Benefits

Rewards & Cashback Details

Zomato: Flat Rs.120 discount per order on food delivery app Zomato, on minimum order of Rs.499. This discount is provided twice in a month. Use Coupon Code: AXISNEO
Discount of Payment to Restaurants visa EazyDiner App: 15% Discount upto Rs.500 on Minimum Order of Rs.2,500. Discount available once in a month.
Utility Bills (Only Mobile Recharge/Bill, Broadband and DTH): 5% instant discount upto Rs.150 on mobile recharge, mobile postpaid bill, DTH recharge and broadband internet bill payments via Paytm. Minimum Transaction Value - Rs. 299. Discount available only once in a month. Coupon Code: AXISNEO
Reward Points: 1 Edge Reward Point on every Rs.200 spend (0.10% Valueback). Reward points redeemable on products and brand vouchers on Axis Bank's rewards catalogue (www.edgerewards.axisbank.co.in).

Rewards Redemption

Reward points of Axis Neo Credit Card can be redeemed in following ways.

To purchase merchandise and brand vouchers from Axis Rewards Catalogue. Value of 1 Reward Point = Rs.0.20
To convert the points into Airmiles or Hotel Loyalty Program Points. Click here for more details about the Axis Bank's Airmiles Transfer Program. Conversion Rates are following
- Vistara, ITC, SpiceJet, Air Asia = 10 EDGE REWARD Points = 1 Partner Point
- Other Partners: 20 EDGE REWARD Points = 1 Partner Point
Reward Redemption Fee
- Rs.117 including GST on every redemption against reward catalogue
- Rs.235 including GST on every redemption against airmiles

Additional Benefits

Dining Benefits

Domestic Airport Lounge

International Airport Lounge

Railway Lounge Access

Movie Benefits

Golf Benefits

Lifestyle Benefits Details

No lifestyle benefits

Features & Benefits

Reward Points

Airmiles

Utility Bills

Cashback

Airport Lounge

Insurance

NPS

Education

Government Payment

Fuel

Rent

Gift Cards

Jewellery

Wallet Load

Rewards on EMI

No Cashback / Rewards Categories

No reward points on spend on following

Utilities
Educational Services
Insurance
Government Institutions
Wallet
Rent
Fuel

Ratings & Reviews

2.6

Overall Rating

Reward Rate

1/5

Lifestyle Benefits

3/5

Ease of Reward Redemption

3/5

Value For Money

3/5

Customer Service

3/5

Detailed Review

Axis Bank's Neo Credit Card is a very basic entry-level credit card with negligible benefits. It provides good discount of dining such as discount on food orders through Zomato app and payment to restaurants through EazyDiner App. Apart from this, there is almost no significant benefit. It provides discount on mobile bills/recharges, DHR recharge and broadband bill but the discount is just 5%. Rewards on regular spend is also extremely low with just 0.1% valueback.Considering the above, this card is only good if available lifetime free and you would want to keep one Axis Bank credit card for Axis discount offers.

Eligibility & Important Info

Eligibility Criteria

Age: 18 years to 70 years
Resident of India or Non-resident India
Income: Rs.20,000 net in-hand salary per month or ITR of Rs.2.4 Lacs (not an officially declared criteria but based on past approval of the card)

Important Links

Axis Bank GrabDeals Portal for Additional Cashback and Instant Discount Offer using Axis Bank's Credit Card: https://grabdeals.axisbank.com
Axis Bank's rewards catalogue to redeem reward points on products and brand vouchers: www.edgerewards.axisbank.co.in