Axis Bank offers many different types of credit, debit, prepaid cards, travel cards, commercial cards, etc. Amongst all, credit cards are exclusively focused on shopping, travel, rewards, cashback, etc. Some of the Axis Bank cards include the Axis Bank My Zone Credit Card, Flipkart Axis Bank Credit Card, Axis Bank IndianOil Credit Card, Axis Bank Magnus Credit Card, and many more.
Axis Neo Card is designed for online shopaholics to provide discounts on top brands like Amazon, BookMyShow, Myntra, Paytm, and many more. Also, it offers many privileges on movie tickets, groceries, and food orders. Axis Neo is a good option for those who are new to credit cards and want to save on online expenses.
|Key Highlights of Axis Bank Neo Credit Card|
|Best Suited for||Online Shopping|
|Joining Fee||INR 250|
|Renewal Fee||INR 250|
|Welcome Benefits||Amazon gift voucher worth INR 250 after the first transaction*|
|Best Feature||10% off on shopping and grocery purchases|
Mentioned below are the eligibility criteria to apply for the Axis Bank Neo Credit Card:
- The age of the primary cardholder should be between 18 and 70 years.
- The age of the add-on cardholder should be over 15 years.
- An applicant should be either an Indian Resident or a Non-Resident.
Processing Fees & Charges of Axis Bank Neo Credit Card
Mentioned below are the processing fees and charges of Axis Bank Neo Credit Cards:
|Joining Fee||INR 250|
|Annual Fee (Second year onwards)||INR 250|
|Add-on Card Joining Fee||Nil|
|Add-on Card Annual Fee||Nil|
|Card Replacement Fee||Nil|
|Cash Payment Fee||INR 100|
|Duplicate Statement Fee||Waived|
|Charge Slip Retrieval Fee or Copy Request Fee||Waived|
|Outstation Cheque Fee||Waived|
|Mobile Alerts for Transactions||Free|
|Balance Enquiry Charges||Waived|
|Finance Charges (Retail Purchases & Cash)||3.6% per month (52.86% per annum)|
|Cash Withdrawal Fees||2.5% (Min. INR 500) Of The Cash Amount|
|Overdue Penalty or Late Payment Fee||Nil if Total Payment Due is less than INR 500
INR 500 if the total payment due is between INR 501 – INR 5,000
INR 750 if the total payment due is between INR 5,001 – INR 10,000
INR 1200 if the total payment due is greater than INR10,000
|Over Limit Penalty||2.5% of over the limit amount (Min. INR 500)|
|Cheque return or dishonour Fee or Auto-debit Reversal||2% of the payment amount subject to Min. INR450, Max. INR 1,500|
|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% capped at INR 1,500 per transaction will be applicable on each rental transaction done on Axis Bank Credit Cards. GST will be applicable as notified by the Government of India. The Rent transactions will be identified through Merchant Category Code 6513|
|Dynamic Currency Conversion markup||1% plus taxes will be applicable on Axis Bank Credit Cards 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 Transaction||1% of the transaction amount|
Mentioned below is the list of documents required to apply for Axis Bank Neo Credit Card:
- PAN card photocopy or Form 60
- Color photograph
- Latest pay slip/Form 16/IT return copy as proof of income
- Residence proof (any one of the following):
- Ration Card
- Electricity bill
- Landline telephone bill
- Identity proof (any one of the following):
- Driving license
- PAN card
- Aadhaar card
Mentioned below is the value chart of the Axis Bank Neo Credit Card:
|Details||Monthly Benefits (INR)||Annual Benefits(INR)|
|Activation Benefit: 100% Cashback up to INR 300 on the first Utility bill payment within the first 30 days of card issuance||300|
|Food ordering at Zomato||240||2880|
|Utility Bill Payments via Amazon Pay||150||1880|
|Grocery shopping at Blinkit||250||3000|
|Movie spends on Bookmyshow||100||1200|
|Online shopping at Myntra||100||1200|
|Total Benefit (Year 1)||10,560|
|Total Benefit (Year 2 onwards)||10,360|
|Annual Benefit as a % of spends||10%|
Benefits of Axis Bank Neo Credit Card
Mentioned below are the benefits of the Axis Bank Neo Credit Card:
- Activation Benefit
100% cashback up to INR 300 on the first utility bill payment within the first 30 days of card issuance.
- 40% off on Zomato
- Get 40% off on food delivery at Zomato.
- Use Coupon Code: AXISNEO
- Maximum Discount: INR 120 per order
- Offer applicable on minimum spend of INR 200.
- Can be availed twice a month.
- 5% off on utility bill payments via Amazon Pay
- Get 5% off on mobile recharges, broadband bill payment, or DTH recharge done via Amazon Pay.
- Maximum Discount: INR 150 per month
- Can be availed once a month.
- Enjoy the ‘Power of 10’
- 10% off on Blinkit- Up to INR 250 off on minimum spends of INR 750, valid once a month.
- 10% off on Myntra on a minimum purchase of INR 500.
- 10% off on every purchase of a ticket on BookMyShow with monthly benefits of up to INR 100.
- Dining Delights
- Get a discount of 15% at the partner restaurants in India up to INR 500.
- Minimum order value: INR 1500
- Valid twice a month for max benefits of up to INR 1000.
- Spend Securely
These cards are chip and Pin-protected with an EMV-certified chip credit card for unrivaled protection.
- Stay Protected with Zero Lost Card Liability
In case the card is stolen or misplaced, call the customer care number i.e. 18605005555 or 18604195555.
- Convert Purchases to EMI
Convert the credit card purchases into EMI via net banking, mobile app, or customer care on any transaction over INR 2500.
- Earn Edge Rewards Points
Receive Edge Rewards points for transactions and use them to redeem 500+ rewards and offers. Earn 1 point on every 200 spent.
- Network Offers
Log in to Mastercard shop for exciting cashback on popular brands in case of MasterCard holders