This is the same product on a different payment network. Everything on this page applies to both rails — the differences are below. Pick the rail you want; you apply for it directly with the bank.
Same lifetime-free offers and base earn, on RuPay - so it can be linked to UPI apps.
In-depth review
Axis Bank Neo Credit Card
Built for someone at the very start of their credit journey — a fresh graduate or first-time earner wanting a cheap card with a few genuinely useful everyday perks, from a bank that publishes no income criterion for it. It won't scale with your income, and isn't supposed to: its job is to be a good first card and hand you off to something bigger in a year or two. On that narrow brief, one of the better options around.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹300 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
0.1% on Other
1 EDGE point per ₹200 (~0.1%) on all spends — the card's value is in fixed merchant offers, not the reward rate
Movie Ticket Benefit
10% off on BookMyShow movie tickets, capped ₹100 a month
🎬 ENTERTAINMENT BENEFITS
Movies, OTT subscriptions and entertainment perks.
- 10% off on BookMyShow movie tickets, capped ₹100 a month
For first-time card users who will use the specific Zomato/Blinkit/BookMyShow/Paytm offers, not for anyone wanting a real cashback rate.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026. Rates assume 1 pt = ₹0.20. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Other | reward points | 0.1%0.5 pts/₹100 × ₹0.20 | — |
Other: 1 EDGE point per ₹200 (~0.1%) on all spends — the card's value is in fixed merchant offers, not the reward rate
Earns nothing on: Rent · Wallet Loads · Fuel · Utility Bills · Government & Tax · Insurance · Education · Cash Advances · EMI Conversions · Tolls & Road Fees · Gift Cards & Vouchers
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹295 |
| Joining fee (incl. 18% GST) | ₹295 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.5% |
Perks & benefits
Estimated annual value beyond rewards — ~₹1,200/yr in total.
10% off on BookMyShow movie tickets, capped ₹100 a month
Should you get it?
- Best for: First-time card user who will use the Zomato/Blinkit/BookMyShow offers, Someone wanting a low-fee second card for fixed monthly discounts, Axis Bank account holder wanting a cheap starter card, Student or young professional starting their credit journey
- Entry tier — great for first-time and lower-spend users.
- Strongest value if you spend heavily on everyday spends (0.1% back).
Pros & cons
✓ Pros
- Fixed monthly merchant offers — ₹120 off Zomato twice a month and 10% off Blinkit
- 5% off utility bills paid through Paytm, up to ₹150 a month
- Flat 7% off flights and 18% off hotels on Cleartrip, once each a month
- 100% cashback up to ₹300 on your first utility bill payment
- 10% off BookMyShow movie tickets, capped at ₹100 a month
- Low ₹250 fee, and lifetime-free through some sourcing channels
✕ Cons
- Merchant offers are fixed and periodically revised by Axis — verify current structure before relying on them
- No lounge access
- Base earn is just 1 EDGE point per ₹200 (~0.1%) — negligible outside the promo offers
- No fuel surcharge waiver — Axis names the Neo among the cards where the refund does not apply
- Best suited as a secondary offers card alongside a primary credit card
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Statement credit / cashback adjustment
- 🎁Online rewards catalogue (vouchers, merchandise)
- 🎁Flight & hotel bookings via the issuer rewards portal
What your Axis EDGE Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Standard EDGE Reward Points
Gift-voucher catalogue
Flights & hotels
Earn rates outside the promo categories are negligible, and Axis's own pages disagree on the fee — the marketing title says lifetime-free, the Key Fact Sheet says ₹250 a year from year two.
Frequently asked questions
What is the annual fee for the Axis Bank Neo Credit Card?
What is the foreign currency markup?
Is there a fuel surcharge waiver?
What is the minimum age and income to apply?
How will Axis apply my payment across the outstanding balance from 28 August 2026?
How has the Axis Bank Neo Credit Card changed over time?
Has the Axis Bank Neo Credit Card been devalued recently?
When did the Axis Bank Neo Credit Card's fees last change?
How did the Axis Bank Neo Credit Card change in 2026?
The bottom line
Neo is an offers card dressed as a rewards card: the ~0.1% base earns almost nothing, so its worth is entirely in whether you'll use the fixed monthly discounts. Use two or three of them and the ₹250 is covered several times over; ignore them and you are paying ₹250 for a 0.1% card.
How this page was built
Counted from this card’s own record: 1 earn rule, the spends listed as earning nothing and 1 recorded perk.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the Axis Bank Neo Credit Card are taken from Axis Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Axis Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Read more
Guides and reviews related to this card.
Axis Bank Neo Credit Card
Built for someone at the very start of their credit journey — a fresh graduate or first-time earner wanting a cheap card with a few genuinely useful everyday perks, from a bank that publishes no income criterion for it. It won't scale with your income, and isn't supposed to: its job is to be a good first card and hand you off to something bigger in a year or two. On that narrow brief, one of the better options around.
RBL Bank Fun+ Credit Card
A movie-led entry card whose real benefit is a ₹500 BookMyShow voucher each month you spend ₹5,000, plus 10% off (max ₹100) on movie bookings — worth up to ₹6,000+ a year for a moviegoer who clears the spend. It's a ₹499 card (waived at ₹1.5 lakh), not lifetime-free, and its base earn is thin reward points, not the '3% online cashback' often quoted. Hold it for the movie benefit and pair it with a proper cashback card.
Axis Bank Airtel Credit Card
Once a near-no-brainer for Airtel households — 25% on Airtel bills, 10% on Swiggy and groceries, lounge access, and a ₹500 fee that the ₹2 lakh waiver usually cancelled. The April 2026 devaluation removed the lounge access, tied the bill cashback to your retail spend (so bills-only users now earn almost nothing), and swapped the Swiggy perk for capped Zomato/Blinkit value-back. Still worth holding for an active Airtel household; the brilliance has been clipped.
Axis Bank MyZone Credit Card
An entry-level lifestyle card whose value is its perks, not its earn rate (a flat ~0.4%): a complimentary SonyLIV Premium membership worth ₹1,499 that alone outvalues the ₹500 fee, plus movie buy-one-get-one and dining/shopping offers. For pure everyday cashback the Axis ACE out-earns it for a rupee less — ₹499 against MyZone's ₹500, except the ACE's fee waives at ₹2 lakh of annual spend and MyZone's waives at nothing (the ACE is now closed to new applicants; if you're applying fresh, the still-open Axis SUPERMONEY is the closest everyday earner) — so the MyZone is a lifestyle pick, best for someone who'll actually use the OTT membership and entertainment offers.
Axis Bank SUPERMONEY RuPay Credit Card
A lifetime-free RuPay/UPI card built with the super.money app that pays 3% cashback on QR scan-and-pay through the app and 1% on everything else. A January 2026 revamp removed the flat ₹500-per-statement-cycle cap — the 1% base is now uncapped — but the 3% is now capped at the cashback you earn from your other spends, so it stays a strong secondary UPI card rather than a primary one.
Fibe Axis Bank Credit Card
A lifetime-free RuPay 'numberless' card that pays 3% cashback on food delivery, entertainment and local commute (combined ₹1,500/cycle cap) and 1% on everything else. It is sold as a UPI card, but credit-card-on-UPI under ₹2,000 and UPI to small merchants earn nothing — so read that before you plan around it. Lounge visits and a fuel-surcharge waiver at zero cost still make it a tidy secondary card, as long as you can get it, because it's gated to Fibe app customers.
Standard Chartered DigiSmart Credit Card
The DigiSmart has one of the smartest fee models in Indian credit cards — no annual fee, just ₹49/month, reversed the moment you spend ₹5,000 — wrapped around sharp partner discounts on delivery, groceries, movies and rides. There are no reward points at all, so it lives or dies on whether you actually use Blinkit, Zomato, Ola and INOX.
Axis Bank Aura Credit Card
A wellness-first card that sold health services rather than rewards — complimentary doctor consultations, video fitness sessions, discounted health check-ups and a Decathlon welcome voucher, for a ₹749 fee. The reward rate was always thin at ~0.4%, and Axis has since closed it to new applicants; existing holders who use the health perks can keep it.
Samsung Axis Bank Signature Credit Card
The entry tier of Axis Bank's Samsung co-brand: 10% cashback on Samsung purchases (capped ₹2,500/month, ₹10,000/year) plus EDGE Reward Points on everyday spend, for a ₹500 fee that waives at ₹2 lakh. A device-buyer's card that earns its keep the year you buy a Samsung, and an ordinary 1% points card the rest of the time.
IKEA Family Axis Bank Credit Card
Withdrawn: Axis has removed the IKEA Family card from its line-up — the product page is gone and there is no way to apply, so this is now a guide for existing holders. It was a lifetime-free IKEA co-brand earning Axis EDGE Reward Points — 3 per ₹100 at IKEA, 2 per ₹100 on dining, 1 per ₹100 elsewhere — plus IKEA Family perks and low-cost EMI. The earn was always modest (EDGE points are worth ₹0.20), but with no fee it was all upside for a regular IKEA shopper.
Axis Bank Shoppers Stop Credit Card
A single-store loyalty card built on the Shoppers Stop First Citizen programme — 20 First Citizen points per ₹200 on Exclusive brands (5% at Axis's published ₹0.50/point), 12 per ₹200 on every other brand in store, 2 per ₹200 elsewhere, plus a ₹2,250 welcome voucher stack. The points redeem only at Shoppers Stop, so it's a companion card for genuine regulars, not a daily driver.
Samsung Axis Bank Infinite Credit Card
The premium tier of Axis Bank's Samsung co-brand: 10% cashback on Samsung purchases capped at ₹20,000/year, 3% on five partners, a large 30,000-point welcome benefit and full domestic-plus-international lounge access — for a ₹5,000 fee that waives at ₹7 lakh. Strong the year you buy heavily into Samsung; overkill if you don't.
Flipkart Axis Bank Super Elite Credit Card
The Super Elite is the SuperCoins sibling of the Flipkart Axis card — 12 SuperCoins per ₹100 on Flipkart for Plus members (6 for non-Plus), 2 per ₹100 elsewhere, and welcome SuperCoins plus Lenskart/Gaana/YouTube trials. But the rewards are store credit, not cashback, there is no lounge access, and the top rate needs a paid Flipkart Plus membership.
Google Pay Flex Axis Bank Credit Card
A lifetime-free RuPay/UPI co-brand between Axis Bank and Google Pay: earn 'stars' worth ₹1 each, redeemable straight into UPI payments in Google Pay. Axis's contractual rate is 0.2%, doubling to 0.4% once you've spent ₹100 in the prior cycle, hard-capped at 1,500 stars a cycle. The 4X and 8X rates the card is marketed on are a Google Pay promotion on current-period spend that Axis explicitly disclaims. A convenient free secondary card for Google Pay natives, not a rewards engine.
Axis Bank Freecharge Credit Card
An entry-level, invite-only EDGE Reward Points card built around Axis Bank's own Freecharge app for recharges and bill payments, with spend-based monthly bonus points. A light ₹250 digital card for Freecharge regulars — not a cashback earner, and outshone by its own Plus sibling if cashback is what you want.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2021 · last change Nov 2026
2026
- ▼ BenefitObserved 29 Jul 2026 · Effective 1 Nov 2026
Movie offer now needs Rs 25,000 of spend in the previous 3 months
Movie offer available to every cardholder, no spend condition→Rs 25,000 of eligible spend in the preceding 3 calendar months
From 1 November 2026 the card's movie benefit becomes spend-gated: you need Rs 25,000 of eligible spend in the previous three calendar months to qualify. A newly issued card is exempt for its issuance month plus the following three calendar months — but an upgrade between variants does not count as a new card. Only settled transactions count, settlement can lag the transaction by up to five working days, and interest, fees, charges, reversals and refunds are all excluded. EMI transactions count only at the monthly instalment billed, not the full purchase value.
Verification: Axis Bank ↗ · Confidence: High
- ▼ FeeObserved 29 Jul 2026 · Effective 28 Aug 2026
Dynamic currency conversion markup more than doubles to 3.5%
1.5% + GST→3.5% + GST
Axis Bank raised the dynamic currency conversion mark-up from 1.5% to 3.5% plus GST. DCC applies when an overseas merchant offers to bill you in rupees instead of the local currency, and it stacks on top of the usual foreign-currency mark-up. Declining the rupee option at the terminal and paying in the local currency avoids the charge entirely.
Verification: Axis Bank ↗ · Confidence: High
- ▼ FeeObserved 29 Jul 2026 · Effective 28 Aug 2026
New top late-payment slab of Rs 1,300 above Rs 50,000
Rs 1,200 on any total payment due above Rs 10,000→Rs 1,200 from Rs 10,001 to Rs 50,000; Rs 1,300 above Rs 50,000
Axis Bank added a fifth late-payment slab. Everything up to Rs 50,000 is unchanged, but a total payment due of more than Rs 50,000 now attracts Rs 1,300 instead of Rs 1,200. The same notice fixes the order in which a payment is applied to the outstanding: fees and charges including taxes first, then EMIs, interest, purchases and cash advances.
Verification: Axis Bank ↗ · Confidence: High
- ▼ RewardObserved 29 Jul 2026 · Effective 28 Aug 2026
Tolls and road fees stop earning rewards; gift cards split into their own category
Bridge fees, road fees and tolls earned at the normal rate→No rewards or cashback on bridge fees, road fees and tolls
Axis Bank added bridge fees, road fees and tolls to the spends that earn nothing. Separately, gift card purchases move out of the Wallet spend category into a new Gift Card category; they already earned no rewards, and they continue to be excluded from spend-based fee waivers and milestone thresholds.
Verification: Axis Bank ↗ · Confidence: High
2025
- ▼ RedemptionEffective 1 Oct 2025
EDGE points forfeited on card closure or long overdue
Axis reserves the right to forfeit unredeemed EDGE Reward Points / EDGE Miles 30 days after credit-card closure, or if the minimum amount due stays outstanding for more than 90 days — tightening how long earned points survive.
Verification: Axis Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/axis-neo#value-timeline">Axis Bank Neo Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).
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