₹250
One-time upfront₹250
Waived on ₹1 lakh annual spend1 EDGE REWARD Point/₹200 on All Eligible Spends (Reward Rate 0.10%)
On eligible spends3.50% + GST
Cross-currency spendsLast verified 2 Oct 2026
Objective editorial assessment, ideal spender profile, and primary trade-offs
The Axis Bank Neo Credit Card is an entry-level lifestyle card engineered around instant merchant discounts rather than points accumulation. Its primary appeal lies in monthly merchant discount partnerships: 40% off on Zomato food delivery (up to ₹120 per order, twice monthly via coupon AXISNEO), 5% off on utility bills and mobile recharges via Amazon Pay (up to ₹150/month), 10% off on Blinkit, and 10% off on Myntra and BookMyShow. With a nominal ₹250 joining and annual fee (frequently offered Lifetime Free during digital campaigns), utilizing just one or two Zomato orders per month recovers the card's cost. However, its base reward rate is negligible at 1 EDGE point per ₹200 (0.10% value back), it offers no airport lounge benefits, and discount vouchers are subject to minimum order thresholds. Who it is best for: Students, first-time credit cardholders, and budget-conscious spenders who regularly order food from Zomato and pay utility bills online. Who should avoid it: Cardholders looking to accumulate substantial travel points or earn consistent cashback across non-partner merchants.
1 EDGE REWARD Point/₹200 on All Eligible Spends (Reward Rate 0.10%)
100% Cashback Up to ₹300 on First Utility Bill Payment
Base earning rates, partner merchant acceleration, redemption options, and exclusions
| Spend Category | Earn Rate | Reward Cap | Conditions |
|---|---|---|---|
| Zomato Food Delivery | 40% off on Zomato (up to ₹120/order, min order ₹200, twice per month) | 120 / per transaction | Standard terms apply |
| Amazon Pay Utility Bills | 5% off on mobile recharge & utility bills via Amazon Pay (up to ₹150/month) | 150 INR (₹)/mo | Standard terms apply |
| General Retail Spends | 1 EDGE Reward per ₹200 spent (1 ER = ₹0.20) | No Cap | Standard terms apply |
Calculate estimated net cashback and points across your actual spending pattern.
Estimate your rewards using the card's current reward rates, monthly caps and applicable fee-waiver rules.
Customize monthly spend in each category. Category amounts sum directly to your monthly spend.
| Category / Reward Bucket | Monthly Spend | Rate | Effective Rate | Cap Period | Eligible Reward | Cap Status |
|---|---|---|---|---|---|---|
| Zomato Food Delivery | ₹6,000 | 40% off on Zomato (up to ₹120/order, min order ₹200, twice per month) | — | ₹120/per_transaction | Calculating... | Under cap |
| Amazon Pay Utility Bills | ₹6,000 | 5% off on mobile recharge & utility bills via Amazon Pay (up to ₹150/month) | — | ₹150/monthly | Calculating... | Under cap |
| General Retail Spends | ₹18,000 | 1 EDGE Reward per ₹200 spent (1 ER = ₹0.20) | — | None | Calculating... | Under cap |
| Total Monthly Cashback | ₹30,000 | - | — | - | ₹0 / mo | Zero cap loss |
₹3.6 lakh
12 billing cycles₹0
0% blended return-₹250
Standard renewal+₹0 / yr
Rewards - FeeDomestic and international lounge privileges, spend hurdles, and participating terminals
This card is tailored primarily for shopping rewards, cashback, or specific co-branded spend and does not include complimentary airport lounge visits.
Complete breakdown of joining, renewal, forex, financing APR, and transaction charges
Partner Discounts: 40% off on Zomato (code AXISNEO, up to ₹120/order, min spend ₹200, twice/month). 5% off on utilities and mobile recharge via Amazon Pay (up to ₹150/month, min spend ₹299). 10% off on Blinkit (up to ₹250, min spend ₹750, once/month). Base Rewards: 1 EDGE REWARD Point per ₹200 spent on eligible transactions (approx 0.10% return at 1 EDGE Point = ₹0.20). Fees: Joining fee ₹250 + GST; annual renewal fee ₹250 + GST. Frequently issued Lifetime Free (LTF) under select promotional programs. Fuel Surcharge: 1% waiver on fuel purchases between ₹400 and ₹4,000 across petrol pumps (capped at ₹400 per statement cycle). Exclusions: Fuel, wallet reloads, rent payments, government transactions, education, and cash advances do not earn EDGE Reward points.
Evaluate whether this card's perks and waiver threshold justify its ₹250 renewal fee.
Income criteria, minimum age, CIBIL score benchmark, and verification checklist
Eligibility criteria not specified
Verified eligibility criteria are not currently available for this card. Check the issuer's latest terms before applying.
Common questions regarding Axis Bank Neo Credit Card application, fees, reward redemption, and eligibility
Alternative credit cards with comparable reward rates, annual fee waivers, and perks
Direct online application on the official Axis Bank portal with paperless verification.
Deep-dive comparisons, reward calculations, and editorial reviews from our research desk
Apple Pay launched in India on September 30, 2026. Axis Bank-issued Visa and Mastercard credit cards are supported at launch. Here's how it works and which cards are eligible.
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