Axis Bank
Axis Bank Neo Credit Card
Data last verified: 11 October 2026
- Joining fee₹250 + GST
- Annual fee₹250 + GST
- Reward rate0.1% on most spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹250 + GST
- Annual fee₹250 + GST
- Forex markup3.5%
- Interest (APR)3.75% a month, 45% a year
Neo is a discount card more than a rewards card. You get 10% off movie tickets on BookMyShow, 15% off at partner restaurants, 5% off utility bills paid through Paytm, and Rs 150 off a Myntra order of Rs 999 or more. It works on UPI.
The joining and annual fee is ₹250 plus GST. The regular reward points are worth about 0.1% of what you spend, so the value comes almost entirely from the offers. Use a couple of them each year and the fee is covered.
It suits young earners and first-time users who watch movies and eat out. The catch is the very low base reward, no lounge access and a 3.5% forex fee. If you do not use the partner offers, the card gives back very little.
Best for: First-time card users, Young earners who eat out and watch movies, People who pay bills through Paytm.
01Axis Bank Neo Credit Card Rewards and Benefits
02Axis Bank Neo Credit Card Annual Fee and Charges
- Joining fee
- ₹250 + GST
- Annual fee
- ₹250 + GST
- Spend-based waiver
- None
- Rewards redemption fee
- Nil
- Forex markup
- 3.5%
- Interest rate
- 3.75% a month (45% a year)
- Fuel surcharge waiver
- No
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹20,000 on everything else, earning 0.1%₹20
- Back each month, ₹240 a year₹20
- Annual fee with 18% GST−₹295
- It costs you each year₹55
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Skip it if…
- you spend less than ₹24,500 a month: below that the ₹295 fee costs more than the rewards
- most of your spending is fuel, utility bills, rent or insurance: those earn nothing on this card
- you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
- you often pay in foreign currency: 3.5% is added to every foreign spend
- you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward
04Product Details
- 10% off movie tickets on BookMyShow
- 15% off at partner restaurants
- 5% off utility bills paid on Paytm
- ₹150 off Myntra orders of ₹999 or more
- ₹250 joining and annual fee
- Works on UPI
05Pros and Cons
Pros
- Low fee
- Useful offers on movies, dining and bills
- Easy eligibility for an entry card
Cons
- Base rewards are only about 0.1%
- No lounge access
- 3.5% forex fee
06How Axis Bank Neo Credit Card earns Rewards
0.1% on most spends.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| Online shopping | 0.1% | No cap | The card's normal rate |
| Dining and food delivery | 0.1% | No cap | The card's normal rate |
| Groceries | 0.1% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.1% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | Earns nothing | - | earns nothing on this card |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | Earns nothing | - | earns nothing on this card |
| School and college fees | Earns nothing | - | earns nothing on this card |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 0.1% | No cap | The card's normal rate |
| Everything else | 0.1% | No cap | The card's normal rate |
Terms on the base rate. 1 EDGE point per ₹200 (~0.1%) on all spends, the card's value is in fixed merchant offers, not the reward rate
Point value. 1 point is worth about ₹0.2 at the bank's stated value.
07Axis Bank Neo Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.1% back (the normal rate). See what it costs on your trip
Also on the card. movie ticket offers.
- Movie ticket offers: 10% off on BookMyShow movie tickets, capped ₹100 a month
08Axis Bank Neo Credit Card Eligibility and Documents
- Age
- 18 to 70 years
- Employment
- Salaried or self-employed
Documents. PAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
09Recent Changes
What Axis Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 1 Nov 2026 | Reduced: Movie offer now needs Rs 25,000 of spend in the previous 3 monthsSource: Axis Bank | Movie offer available to every cardholder, no spend condition | ₹25,000 of eligible spend in the preceding 3 calendar months |
| 28 Aug 2026 | Reduced: Dynamic currency conversion markup more than doubles to 3.5%Source: Axis Bank | 1.5% + GST | 3.5% + GST |
| 28 Aug 2026 | Reduced: New top late-payment slab of Rs 1,300 above Rs 50,000Source: Axis Bank | ₹1,200 on any total payment due above ₹10,000 | ₹1,200 from ₹10,001 to ₹50,000; ₹1,300 above ₹50,000 |
| 28 Aug 2026 | Reduced: Tolls and road fees stop earning rewards; gift cards split into their own categorySource: Axis Bank | Bridge fees, road fees and tolls earned at the normal rate | No rewards or cashback on bridge fees, road fees and tolls |
| 1 Oct 2025 | Reduced: EDGE points forfeited on card closure or long overdueSource: Axis Bank | - | - |
See this card's change history → · All card changes in November 2026 →
10Cards Similar to Axis Bank Neo Credit Card
Axis Bank Neo Credit Card is a rewards card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | Axis Bank Neo Credit Card |  Federal Scapia Credit card |  SBI BPCL Credit Card |
|---|---|---|---|
| Joining fee | ₹250 + GST | Lifetime free | ₹499 + GST |
| Annual fee | ₹250 + GST | Lifetime free | ₹499 + GST |
| Rewards | 0.1% on most spends | 2% on most spends; 4% only at partner merchants | 0.25% base, up to 1.25% on dining; 3.25% only at partner merchants |
| Domestic lounge | Not included | Unlimited | Not included |
| Forex markup | 3.5% | 0% | 3.5% |
| Type | Rewards | Travel | Fuel |
11Explore More
Card facts last verified 11 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Already Have a Credit Card?
Track your card spending with SkyloFin - Expense Tracker. Statements, due dates and every spend, read from your bank SMS on your own phone.
Common Questions
What is the fee?
₹250 plus GST as joining fee and the same each year.
Does the card earn rewards?
Yes, but only about 0.1% of spend. Most of the value is in the discounts.
What is the joining fee for the Axis Bank Neo Credit Card?
The joining fee is ₹250 + GST. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the Axis Bank Neo Credit Card?
The annual fee is ₹250 + GST.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with Axis Bank. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
Other options worth a look
See all credit cards
Guides in Plain Words
Short reads that explain how it works before you decide.
- GuidesBest Credit Cards Under ₹500 a Year in India (2026)Credit cards with an annual fee of ₹500 or less (before GST) in 2026, ranked by the reward rate each bank states, with fee waivers.Read the guide →
GuidesNo-Cost EMI: What It Really Costs You, With a Worked ExampleNo-cost EMI is not a trick, but it is rarely free. Here is where the money goes: the discount you give up, the processing fee, and GST on the interest, worked out on a Rs 30,000 phone.Read the guide →- GuidesBest Online Shopping Credit Cards in India (2026)The credit cards that pay the most back on online shopping in 2026, which sites count, the monthly cap and the annual fee.Read the guide →
