Axis Bank Neo Credit Card
The card that fits your lifestyle with instant discounts on top brands.
Annual Fee
₹250
Base Rewards
0.1%
Forex Fee
3.5%
Expert Verdict
The Axis Bank Neo Credit Card is a solid entry-level choice that prioritizes instant gratification through merchant discounts over long-term reward accumulation. It is particularly strong for urban users who rely on Zomato, Blinkit, and Amazon Pay for utilities.
Quick Match
Is this card right for you?
This card could work well for you
Your Estimated Value
Year 1
+₹650
Includes ₹300 bonus
Year 2+
+₹350
Why get this card
Significant 40% discount on Zomato orders up to ₹120 twice a month.
10% instant discount on Blinkit for grocery needs once a month.
5% discount on utility bill payments via Amazon Pay (capped at ₹100/month).
Low annual fee of ₹250 makes it highly accessible for beginners.
Watch out for
Extremely low base reward rate of 1 point per ₹200 (0.1% value).
No complimentary domestic or international airport lounge access.
High interest rate (APR) of 52.86% per annum if balance is not cleared.
Who is this card for?
Best for
Beginners & Students
Perfect for first-time cardholders looking for immediate value through brand discounts rather than complex reward points.
Min: ₹5,000/mo
Food & Grocery Spenders
Ideal for those who frequently use Zomato and Blinkit for daily essentials and meals.
Min: ₹3,000/mo
Skip if you're
High Spenders
The low base reward rate and lack of milestone benefits make it unsuitable for large non-partner spends.
Frequent Travelers
Lacks lounge access, travel insurance, and has a standard forex markup fee.
Base Earning
1 EDGE Reward Points
per ₹200 spent
0.1%
effective rate
Point value: ₹0.20/point
Welcome Offer
100% cashback up to ₹300 on the first utility bill payment made within 30 days of card issuance.
₹300
value
Spend ₹1 within 30 days
No rewards on:
Fuel, rent payments, utility bills, government payments, wallet loads, insurance premiums, EMI transactions
Upgrade Path
Move up or down within this bank