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Side-by-Side Comparison|Updated March 2026

Axis Bank Neo Credit Card vs SBI Card PRIME

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

Axis Bank

Axis Bank Neo Credit Card

7.2/10
Annual Fee₹250
Base Rewards0.2%
NetworkVisa
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SBI Card

SBI Card PRIME

7.2/10
Annual Fee₹2,999
Base Rewards0.125%
NetworkVisa
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Feature-by-Feature Comparison

FeatureAxis Bank Neo Credit CardSBI Card PRIME
Annual Fee₹250₹2,999
Joining Fee₹250₹2,999
Fee Waiver SpendN/A₹3,00,000
Base Reward Rate0.2%0.125%
Reward CurrencyEDGE Reward PointsReward Points
NetworkVisaVisa
Editor Rating7.2/107.2/10
Forex Markup3.5%3.5%

Accelerated Rewards

Axis Bank Neo Credit Card

No accelerated rewards listed

SBI Card PRIME

  • 0% on Dining
  • 0% on Groceries
  • 0% on Movies

Pros & Cons

Axis Bank Neo Credit Card

Pros

  • 40% off on Zomato up to ₹120 per order (twice monthly, min spend ₹499).
  • 5% off on utility bills via Paytm up to ₹150 per month.
  • 10% instant discount on Blinkit (up to ₹250) and BookMyShow (up to ₹100).
  • Flat ₹150 off on Myntra for select styles on minimum spend of ₹999.

Cons

  • Very low base reward rate of 0.1% (1 point per ₹200).
  • No complimentary airport lounge access.
  • Reward points excluded on fuel, rent, insurance, and utilities.

SBI Card PRIME

Pros

  • Accelerated 10 Reward Points per ₹100 on dining, groceries, and movies (2.5% value back).
  • Generous welcome benefit with a ₹3,000 e-gift voucher that offsets the joining fee.
  • Comprehensive lounge access with 8 domestic and 4 international visits annually.
  • Milestone vouchers worth up to ₹11,000 annually on reaching spend targets.

Cons

  • Low base reward rate of 0.5% (2 points per ₹100) on general spends.
  • High foreign currency markup of 3.5% compared to other premium cards.
  • Reward points on utility bills are capped and only applicable for standing instructions.

Our Verdict

Both Axis Bank Neo Credit Card and SBI Card PRIME are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.

Choose Axis Bank Neo Credit Card if

Low entry barrier and easy approval for those with basic income.

Choose SBI Card PRIME if

High rewards on everyday categories like dining, groceries, and movies.

Frequently Asked Questions

Which is better: Axis Bank Neo Credit Card or SBI Card PRIME?
Both Axis Bank Neo Credit Card and SBI Card PRIME are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.
What is the annual fee difference between Axis Bank Neo Credit Card and SBI Card PRIME?
Axis Bank Neo Credit Card has an annual fee of ₹250, while SBI Card PRIME has an annual fee of ₹2,999. SBI Card PRIME offers a fee waiver on ₹3,00,000 annual spend.
Which card has better rewards: Axis Bank Neo Credit Card or SBI Card PRIME?
Axis Bank Neo Credit Card offers a base reward rate of 0.2%. SBI Card PRIME offers 0.125% base rewards with bonuses on Dining and Groceries. The better choice depends on your primary spending categories.
Can I have both Axis Bank Neo Credit Card and SBI Card PRIME?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. Axis Bank Neo Credit Card and SBI Card PRIME can complement each other if they cover different reward categories.
Which card is better for beginners: Axis Bank Neo Credit Card or SBI Card PRIME?
For beginners, Axis Bank Neo Credit Card may be more approachable with a lower annual fee of ₹250. However, evaluate based on your expected spending pattern rather than fee alone.

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