Axis Bank NEO Credit Card: Benefits, Fees & Eligibility
Axis Bank NEO Credit Card: Benefits, Fees & Eligibility
Credit CardLast updated: 21 October 2026, 18:31 IST
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The Axis Bank NEO Credit Card offers a range of benefits across shopping, dining, and entertainment. From cashback on movie tickets and dining discounts to shopping offers and EMI facilities, the card provides various features to suit everyday spending needs. Understanding these benefits can help you decide whether the card is suitable for your spending habits. In this blog, we will learn about Axis NEO credit card benefits, features, and eligibility.
Key takeaways:
The Axis NEO credit card offers multiple benefits to the cardholder in terms of cashback, rewards, discounts, etc.
The Axis NEO credit card has a ₹ 250 joining fee.
Applicants must be between 18 and 70 years old and meet the residency requirements for the Axis NEO Credit Card.
What are the benefits of the Axis NEO credit card?
The Axis NEO credit card provides multiple benefits to the cardholder in terms of shopping, travelling, food ordering, etc.
Here are the benefits provided by the Axis NEO credit card:
One can get a flat ₹120 off on Zomato while ordering food. So, you can have a happy meal with more happiness.
One can get 5% off on utility bills using Paytm.
You can get 10% off and ₹250 off on a minimum spend of ₹750, which is valid once a month.
Cleartrip offers multiple travel benefits.
All NEO credit cards have EMV-certified chips and a PIN system.
Also, Axis Bank offers Zero Lost Card Liability.
These benefits and security features make the Axis Bank NEO Credit Card an option to consider for everyday shopping, dining, travel, and utility payments.
What are the fees and charges applied for the Axis NEO credit card?
The Axis NEO credit card comes with multiple fees or charges, such as joining fees, annual fees, cash payment fees, withdrawal fees, etc.
Here is the fee structure offered by Axis Bank for Axis NEO credit cards:
Description
Charges
Joining Fee
The joining fee is ₹250, with lifetime-free availability through select channels.
Annual Fee (Second year onwards)
Applicants should review the applicable fees and charges to understand the costs associated with using the Axis Bank NEO Credit Card.
Who can apply for the Axis NEO credit card?
The Axis Bank NEO Credit Card is available to applicants who meet the bank’s specified eligibility criteria. These requirements include age and residency conditions that applicants should review before applying for the card.
Here are the eligibility criteria for the Axis NEO credit card:
The person’s age should be between 18 and 70 years.
If you want to add another cardholder to your credit card, he/she must be over 18 years old.
An annual fee of ₹250 applies from the second year onwards, unless the card is issued under an eligible lifetime-free offer.
Duplicate Statement Fee, Charge Slip Retrieval Fee or Copy Request Fee, Outstation Cheque Fee, and Balance Enquiry Charges
Waived
Mobile Alerts for Transactions
Free
Finance Charges (Retail Purchases & Cash)
3.75% per month (55.55% per annum)
Cash Withdrawal Fees
2.5% of the cash amount (minimum ₹500)
Overdue Penalty or Late Payment Fee
Nil if the total payment due is less than ₹500.
₹500 if between ₹501 and ₹5,000.
₹750 if between ₹5,001 and ₹10,000.
₹1,200 if between ₹10,001 and ₹50,000.
₹1,300 if greater than ₹50,000.
An additional ₹100 charge will be levied if the Minimum Amount Due (MAD) is not paid for two consecutive cycles and will apply until the MAD is cleared.
Over Limit Penalty
2.5% of the over-limit amount (minimum ₹500)
Cheque Return or Dishonour Fee or Auto-debit Reversal
2% of the payment amount, subject to a minimum of ₹500
Surcharge on Purchase or Cancellation of Railway Tickets
As prescribed by IRCTC/Indian Railways
Foreign Currency Transaction Fee
3.50% of the transaction value
GST
As per existing government norms
Reward Redemption Fee
Yes.
Rent Transaction Fee
1% per rental transaction. Taxes will be applicable as notified by the Government of India.
Dynamic Currency Conversion Markup
3.50% plus taxes for each international transaction performed in Indian currency at an international location, or transactions performed in Indian currency with merchants located in India but registered in a foreign nation.
Fuel Transaction Surcharge
1% of the transaction amount
Education Payment Charges
1% per transaction on education payments made via third-party apps
Wallet Load Transaction Fee
1% on cumulative spends of ₹10,000 or more on wallet loads per statement cycle
Fuel Transaction Fee
1% on cumulative spends of ₹50,000 or more on fuel transactions per statement cycle
Utility Transaction Fee
1% on cumulative spends of ₹25,000 or more on utilities per statement cycle
Online Skill-Based Gaming Transaction Fee
1% on cumulative spends of ₹10,000 or more on online skill-based gaming platforms in a statement cycle
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The applicant can be an Indian resident or a non-Indian resident.
Hence, the eligibility criteria mentioned above provide a general overview of the requirements for applying for the Axis Bank NEO Credit Card. Meeting the eligibility criteria does not guarantee approval, as Axis Bank makes the final decision on each application.
What documents are needed to get an Axis NEO credit card?
To apply for the Axis Bank NEO Credit Card, applicants may need to submit certain documents to verify their identity, income, and residential address. Keeping these documents ready can help make the application process smoother:
PAN card photocopy or Form 97.
Proof of income, like Form 16, the IT return, or the latest payslip.
You need to provide proof of residence, such as a driving licence, electricity bill, and landline telephone bill.
The documents listed above provide a general overview of what may be required when applying for the Axis Bank NEO Credit Card. However, the exact documentation requirements may vary depending on the applicant's profile and the bank's policies. Applicants should check the latest requirements with Axis Bank before submitting their application.
What are the additional benefits of the Axis NEO credit card?
The additional benefits of the Axis NEO credit card come in the value chart offer, which indicates savings of up to ₹10,000 in a year. Moreover, the activation benefits are applied for the first year only.
Details
Monthly Benefits (₹)
Annual Benefits (₹)
Activation Benefit: 100% cashback up to ₹300 on the first utility bill payment within the first 30 days of card issuance*
No monthly benefits
300
Food ordering at Zomato
240
2,880
Utility bill payments via Paytm
150
1,800
Grocery shopping at Blinkit
250
3,000
Movie spending on BookMyShow
100
1,200
EDGE Rewards
10
120
Total Benefit (Year 1)
No monthly benefits
9,300
Total Benefit (Year 2 onwards)
No monthly benefits
9,000
Annual benefit as a % of spend
No monthly benefits
10%
Cardholders should review the offer terms and spending limits to understand the benefits available with the Axis Bank NEO Credit Card.
Bottom Line
The Axis Bank NEO Credit Card offers benefits across shopping, dining, food ordering, and entertainment, along with features such as EMI facilities and security measures. Before applying, applicants should review the card’s benefits, joining and annual fees, other applicable charges, eligibility criteria, and documentation requirements. The actual savings depend on eligible transactions and the bank’s applicable terms and conditions. If you are looking for ways to manage your existing financial obligations. Explore LoansJagat to learn about personal loans and debt consolidation options for managing existing financial obligations.
FAQs:
What is the Axis NEO credit card?
The Axis NEO credit card is a type of credit card that provides unique features and benefits to the cardholder in terms of food, travel, savings, etc.
Does the Axis NEO credit card have a joining fee?
No, the Axis NEO credit card does not have a joining fee.
What are the 2 major benefits offered by the Axis NEO credit card?
The Axis Bank NEO Credit Card offers cashback and discounts on eligible Blinkit and Zomato purchases. It may also provide savings on eligible travel bookings.
Do I need to pay the annual fee every year for the Axis NEO credit card?
The Axis NEO Credit Card carries an annual fee of ₹250 from the second year onwards, unless issued under an eligible lifetime-free offer.
What other credit cards does Axis Bank offer to people other than the NEO credit card? Apart from the Axis Bank NEO Credit Card, Axis Bank offers other credit cards, including the Flipkart Axis Bank Credit Card and the Axis Bank Privilege Credit Card, each with its own features, benefits, and applicable charges.
What are the drawbacks of having an Axis NEO credit card?
The major drawback of having an Axis NEO credit card is that you may get low reward points and no major cashback in comparison to other Axis Bank credit cards.
What are the cash withdrawal fees applied to the Axis NEO credit card?
The cash withdrawal fee is applied at nearly 2.5% of the cash withdrawn.
What are the important things to consider before applying for a credit card?
Before applying for a credit card, check its fees, interest rates, credit limit, rewards, eligibility criteria, and repayment terms to ensure it suits your spending habits and budget.
What does Zero Card Liability do?
Zero Card Liability may protect cardholders against unauthorised credit card transactions, subject to the bank’s applicable terms and reporting requirements.
Can I convert my purchase to EMI on Axis NEO credit card?
You may convert your purchase to EMI on the Axis NEO credit card as per the provided Axis Bank’s terms and conditions.
