Axis Bank Neo Credit Card

Renewal fee

₹250 a year.₹250 Lifetime Free for select* channels

Joining fee

₹250 to join.₹250 Lifetime Free for select* channels

Add-on card fee

₹0Nil

Welcome benefit

100% cashback up to ₹300 on first utility bill payment within first 30 days of card issuance

Reward rate

1 point per ₹200 · everyday spends1 point for every ₹200 spent on the Neo Credit Card.

Catalogue redemption

Redeem EDGE REWARDS points for 500+ rewards and offers.

Hotel or travel programme

Enjoy Flat 7% discount (up to ₹2,000) on domestic and international flight bookings and flat 18% discount (up to ₹4,000) on hotel bookings. Both benefits are applicable once per use per month

Dining programme

Flat ₹120 off on Zomato · Offer applicable on minimum spends of ₹499 · Discount valid two times per month

Movie or entertainment ticket benefit

10% off on every purchase of movie ticket on BookMyShow with maximum monthly benefits up to ₹100

Fuel surcharge waiver

Fuel Transaction Surcharge 1% of transaction amount · Refund not applicable on NEO Credit Card

Lost card liability

With zero lost card liability, you are protected against any fraudulent use of your card from the moment the loss is reported.

Add-on card eligibility

Add-on cardholder should be over 18 years.

Purchase to EMI conversion

Convert purchases to EMI via Internet Banking, the Mobile App or Customer Service, for transactions exceeding ₹1,500 on the Neo Credit Card.

Forex markup

3.5% on foreign currency transactions.

Dynamic currency conversion markup

3.5% + GST3.50% plus taxes on each international transaction performed in Indian currency

Cash advance fee

2.5% (Min. ₹500) of the cash amount.

Interest on unpaid balance

3.75% per month (55.55% per annum)

Interest-free period

20 to 50 days interest-free when you pay in full.

Late payment fee

Nil if total payment due is up to ₹500; ₹500 if total payment due is between ₹501 and ₹5,000; ₹750 if total payment due is between ₹5,001 and ₹10,000; ₹1,200 if total payment due is between ₹10,001 and ₹50,000; ₹1,300 if total payment due is greater than ₹50,000

Over-limit fee

2.5% of over the limit amount (Min. ₹500)

Payment return or dishonour fee

2% of the payment amount subject to Min. ₹500 on a cheque return, dishonour or auto-debit reversal

Statement or duplicate statement fee

Duplicate statement fee: Waived

Card replacement fee

Replacement fee: Waived

Cash payment / cash deposit fee

₹175 per payment transaction for cash payment at branches (daily limit for cash payment is ₹50,000)

Cheque payment / dishonour fee

Outstation cheque fee: Waived

Education / school fee charge

1% fee per transaction on education payments made via third party apps.

Fee on online skill-based gaming spends

1% fee on cumulative spends of ₹10,000 or more on online skill-based gaming platforms in a statement cycle.

Reward redemption fee

Yes

Wallet load charge

1% fee on cumulative wallet load spends of ₹10,000 or more per statement cycle.

What the card's fee or benefit year means

Anniversary Year is the period of 12 months from the date of issuance of the card and every 12-month period thereafter

Fuel transaction fee

1% fee on cumulative fuel spends of ₹50,000 or more per statement cycle.

Rent transaction fee

1% fee per transaction on each rental transaction, taxes as notified by Government of India

Utility transaction fee

1% fee on cumulative spends of ₹25,000 or more on utilities per statement cycle.

GST note

GST as per existing Government norms

Minimum amount due

Sum of all instalments, all Fees, interest / finance charges, taxes, the amount utilized over the credit limit (if any) and 2% of remaining balance outstanding, subject to a minimum of ₹100

Minimum age

Primary Cardholder should be 18-70 years of age.

Documents required

Photocopy of your PAN card or Form 16, proof of income and proof of residence.

Residency

Resident of India or Non-Resident Indian.