Axis Bank Neo Credit Card
Axis Bank · Mastercard
Why this card?
- Earns reward points — the issuer does not clearly publish their rupee value
- ₹250 joining and annual fee
Card details
- Issuer
- Axis Bank
- Network
- Mastercard
- Annual Fee
- ₹250
- Joining Fee
- ₹250
- Reward Type
- points
- Best Reward Rate
- 10% on Amazon, Myntra, Zomato, and BigBasket purchases
- Forex Markup
- 3.5%
- Domestic Lounge
- None
- Min. Monthly Income
- ₹10,000
- Rates verified
- 2026-10-06
Our verdict
Axis Neo is Axis Bank's low-cost entry card — ₹250 a year (the joining fee may be waived through select channels, and the first-year annual fee is shown as nil on the product page) with merchant offers such as ₹120 off Zomato, 10% off Blinkit up to ₹250 and 5% off Paytm utility bills up to ₹150 a month. It earns EDGE Reward points rather than cashback, and the rate is not stated on the product page, so it works best as a secondary card.
Pros
- Flat ₹120 off Zomato (min ₹499 order, twice a month) and 10% off Blinkit up to ₹250 (min ₹750, once a month)
- 5% off Paytm utility bills up to ₹150 a month, plus ₹300 activation cashback on the first utility bill
- Just ₹250 a year, with the first-year annual fee shown as nil
- Low income eligibility (₹10,000/month) — highly accessible
- Good entry point into Axis Bank credit card upgrade path
Cons
- Offers are capped per month and carry minimum order values (₹499 for Zomato, ₹750 for Blinkit)
- The points earn rate is not stated on the Neo page, so everyday spends have unclear value
- No lounge, no fuel surcharge waiver, 3.5% forex markup — strictly digital lifestyle