Axis Bank Neo
Annual Fee
₹250
Rewards/₹100 ⓘ
₹0.10 - ₹6.50
Interest Rate
45.00%
Quick Details
Reward Structure
Zomato (40% off up to Rs.120 twice/month)
BookMyShow (10% off)
Mobile Recharges via Paytm (5% cashback)
All Other Spends
Reward Calculator
Insurance Coverage
Lost Card
₹0
Zero liability for lost card transactions when reported within 3 days of loss/theft.
Fraud
₹0
Zero liability for unauthorized transactions when reported immediately to the bank.
Category Rankings
See how this card performs in different spending categories compared to other cards.
Quick Analysis
The Axis Bank Neo stands out with its impressive reward structure offering up to ₹8.00 per ₹100. The ₹250 annual fee is justified if you spend enough to maximize rewards. Recommended for those who can align their spending with bonus categories.
Pros
- Low annual fee of just ₹250
- Good reward rate of up to ₹8.00 per ₹100
- Contactless payment enabled for quick transactions
- Easy EMI conversion facility available
- Add-on cards available for family members
Cons
- Reward rates vary significantly across categories
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
- High interest rate of 45.00% on revolving credit
- High income requirement of ₹180K per month
Best For
First-time cardholders and young professionals seeking lifestyle discounts
Frequently Asked Questions
What are the fees for Axis Bank Neo Credit Card?
What is the eligibility criteria for Axis Bank Neo Credit Card?
What rewards does Axis Bank Neo Credit Card offer?
Does Axis Bank Neo Credit Card offer airport lounge access?
How can I apply for Axis Bank Neo Credit Card?
User Reviews
Ready to Apply for Axis Bank Neo?
Get started with your application today and enjoy premium benefits, rewards, and exclusive privileges.