By: OurMoneyGuide || Last updated on: May 9, 2024

The Axis Bank NEO Credit Card is a good beginner shopping card, which offers discounts on a variety of preferred partners- Myntra, Zomato, Blinkit, Amazon Pay (for bill payments), BookMyShow, EazyDiner. The discount amounts are relatively small, so it is a suitable card for low spenders. It also has a comparatively low annual fee.

Brief Summary

Our Rating

3.75 / 5

Best for those who like shopping and spending at the select partners of this card – Myntra, Zomato, Blinkit, Amazon Pay (for bill payments), BookMyShow, EazyDiner. The discount amounts are relatively small and some partnerships have certain restrictions like minimum order size and how many times you can avail the discount.

Hence this card is suitable for beginners and low spenders. The annual fee is also accordingly comparatively low 

Pros & Cons of Axis Bank NEO Credit Card

Pros

  • Attractive benefit rate at select partners of this card – Myntra, Zomato, Blinkit, Amazon Pay (for bill payments), BookMyShow, EazyDiner.
  • 1st year annual fee is low, and compensated by welcome benefits

Cons

  • The discount amounts are relatively small and some partnerships have certain restrictions like minimum order size and how many times you can avail the discount. Hence this is suitable for beginners and low spenders.

Features & Benefits of the Axis Bank NEO Credit Card

₹150 discount at Myntra (on a select catalogue)

– You get a flat ₹150 discount on all orders above  ₹999 (minimum order amount needs to be ₹999)
– There is no restriction on the number of times you can avail this discount.
– Discount is applicable on a selected Myntra collection for Axis Neo customers, please click here for details – Axis Neo Myntra Catalogue
– You need to use the coupon code “MYAXISBANK23” on the cart page to avail of the discount. The customer must pay using the Axis Bank Neo Card to avail of the benefit.

Please click here for all terms and conditions – Neo Myntra Terms & Conditions

5% discount (upto ₹150 per month) on utility bill payments through Amazon Pay – mobile recharge || broadband bill payment || DTH recharge

You get 5% discount on your utility bill payments (mobile recharge, broadband bills or DTH recharge) through Amazon Pay.
– This benefit is applicable only on total bill payments upto ₹3000 per month, since maximum discount is capped at ₹150 per monthly card statement cycle.
– Minimum transaction amount to avail the offer needs to be ₹299.

The discount is applicable only when using Amazon Pay for mobile recharge, broadband payment, or DTH recharge. For details, please click here.

10% discount (upto ₹250) on Blinkit (online groceries) – once per month

You can avail this offer 1 time per month. Minimum order amount needs to be  ₹750. You get a 10% discount, upto ₹250.

Hence you get a 10% discount on orders between  ₹750 and  ₹2500, once per month. On orders above ₹2500, discount percentage will fall below 10%.

This offer is not applicable on baby food products.

You need to use the coupon code “AXISNEO10” on the cart page to avail of the discount. The customer must pay using the Axis Bank Neo Card to avail of the benefit.

40% discount (upto ₹120) at Zomato – 2 times per month

You can avail this offer 2 times per month. Minimum order amount needs to be  ₹200. You get a 40% discount, upto ₹120.

Hence you get a 40% discount on orders between ₹200 and ₹300, 2 times per month. On orders above ₹300, discount percentage will fall below 40%.

You need to use the coupon code “AXISNEO10” on the cart page to avail of the discount. The customer must pay using the Axis Bank Neo Card to avail of the benefit.

10% discount (upto ₹100 per month) on movie tickets – at BookMyShow

10% discount can be availed any number of times, but the maximum discount is capped at ₹100 per month.

Hence you get 10% discount on movie ticket purchases upto ₹1000 per month (since maximum discount is ₹100 per month).

Redemption process : To avail of the offer, please follow below steps:
– Go through the regular ticketing flow and select your choice movie, cinema, and show.
– Proceed to the payments page and provide your email ID and mobile number for transaction confirmation.
– Check ‘Unlock Offer or Apply Promocodes’ and choose ‘Axis Bank Neo Credit Card Offer’ from the offers dropdown list.
– Enter your 16-digit credit card number and click ‘Check’ to successfully avail the discount.
– Pay the remaining transaction amount using the same card you have availed of the offer.

Dining offers in partnership with EazyDiner (Dining Delights Program) : 15% discount (upto ₹500) once a month, at participating restaurants

This program is offered by Axis Bank, in partnership with EazyDiner. You get a 15% discount up to ₹500 on your restaurant orders, at over 4000 restaurants nationwide. For a list of participating restaurants and more information, please visit here. Minimum order amount required is ₹2500. 

Hence you get a 15% discount on orders between ₹2500 and ₹3333. On orders above ₹3333, your discount percentage falls below 15% since the maximum discount is fixed at ₹500. For example, if your order amount is ₹5000, you will get a maximum discount of ₹500 and your discount percentage would be 10%. And if your order amount is ₹1800, you get no discount since the minimum order value to avail the discount is ₹2500.

This offer can be redeemed once every month.

0.10% benefit on all other card spends

You earn 1 EDGE reward point worth ₹0.20, on every ₹200 you spend on all other card purchases (meaning 0.50 EDGE reward point worth 10 paise, on every ₹100 spent – 0.10% benefit).

1 EDGE reward point = ₹0.20 or 20 paise. You can redeem EDGE reward points on Axis Bank EDGE Rewards platform for a range of gift vouchers, products, and more. You can access the Axis Bank EDGE Rewards platform through the Axis Bank EDGE Rewards Portal, mobile app, or Internet banking. Click here for more details.

Reward points are valid for 3 years.

Axis Bank 24/7 customer care

Please click here for all the options to contact the bank for various issues and escalations.

Axis Bank NEO Credit Card Fees and Charges

Annual fee and annual fee offers

Annual fee
Annual fee offers
1st year joining fee₹250
(Lifetime free limited period offer)
Welcome offer : You get 100% cashback of upto ₹300, on 1st utility bill payment within 30 days of card issuance.
Renewal fee from 2nd year onwards₹250
(Lifetime free limited period offer)
Nil

Late payment fee

Late payment fees depends on the total payment due

Total bill amount dueLate payment charges
Less than ₹500None
Between ₹501 – ₹5000₹500
Between ₹5,001 – ₹10,000₹750
More than ₹10,001₹1200

Foreign currency mark-up fee
3.50% of the transaction amount. This fee is charged when you use your card outside India.

Finance charges
3.60% per month

Important Note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – Axis Neo Credit Card Fees & Charges

Eligibility Criteria

Minimum age18 years (primary card holder)
15 years (add on cardholder)
Maximum age70 years
Minimum income requirementsNot specified
Credit scoreNot specified , preferably above 750

Application Process

Step-by-step guide to applying for the card

Online application processThe easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the Axis Bank website. You can also visit official website of the bank and fill out the application form.

Steps :
– The bank’s website and mobile app offer a user-friendly interface that makes the application process quick and easy
– To apply, simply provide your personal details such as your mobile phone number, income, PAN number, along with the required documents
– Review your application and click submit.
– Await confirmation from Axis Bank regarding the status of your application.
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Approval timeline and processThe credit card decision would be communicated within 21 working days, in most cases. In certain cases, it could take longer especially if the bank would want more information and/or documents from you

Please click here to track the status of your Axis Bank Credit Card application.

Necessary documents and verification

Required documents
– PAN card photocopy or Form 60
– Colour photograph
– Income proof : Latest payslip/Form 16/IT return copy
– Residence proof (any one of the following) : Passport , Ration Card, Electricity bill, Landline telephone bill
– Identity proof (any one of the following) : Passport, Driving license, PAN card, Aadhaar card

Please note that this list is only indicative. Documents required may vary on a case-to-case basis.

Conclusion

In conclusion, the Axis Bank NEO Credit Card is a good beginner shopping card.

It is suitable for those who like shopping and spending at the select partners of this card – Myntra, Zomato, Blinkit, Amazon Pay (for bill payments), BookMyShow, EazyDiner. The discount amounts are relatively small and some partnerships have certain restrictions like minimum order size and how many times you can avail the discount. Hence this is suitable for beginners and low spenders. The annual fee is also accordingly comparatively low .