This article provides a concise overview of the prominent features, eligibility prerequisites, and the application procedure for Axis Bank’s NEO Credit Card.
Features of Axis Bank – NEO Credit Card:
Main features:
Activation Benefits:
- 100% cashback up to Rs. 300 on the first utility bill payment within the initial 30 days of card issuance.
Zomato Offer:
- Get a 40% discount on food delivery at Zomato* using your NEO Credit Card.
- *Excludes free delivery offers on specific restaurants.
- Use Coupon Code: AXISNEO to avail the discount.
- Maximum discount capped at Rs. 120 per order.
- Offer valid on minimum spends of Rs. 200.
- Customers can avail the discount up to twice a month.
Amazon Pay Utility Bill Payments Offer:
- Get a 5% discount on mobile recharges, broadband, and DTH payments made through Amazon Pay.
- Maximum discount capped at Rs. 150 per month.
- Customers can avail the discount once per month.
‘Power of 10’:
- Get a 10% discount on Blinkit, up to Rs. 250 off on minimum spends of Rs. 750, valid once a month.
- Avail a 10% discount every time you shop at Myntra on a minimum purchase value of Rs. 500.
- Obtain a 10% discount on every purchase of movie tickets on BookMyShow, with maximum monthly benefits up to Rs. 100.
Dining Delights:
- Savor delightful cuisines with Axis Bank Dining Delights, offering up to a 15% discount at partner restaurants in India.
- Offer Details: 15% off up to Rs. 500.
- Minimum Order Value: Rs. 1500.
- Valid twice per card per month for maximum benefits up to Rs. 1000.
Additional Features:
- Secure Spending
- All Axis Neo Credit Cards come with chip and PIN protection, utilizing an EMV certified chip for unparalleled security against counterfeiting and skimming fraud.
- Protection with Zero Lost Card Liability
- In case of a misplaced or stolen Axis Bank Neo Credit Card, promptly report it by contacting Axis Bank customer service at 18605005555 or 18604195555. Benefit from zero lost card liability, safeguarding against fraudulent usage post the loss report.
- Purchase Conversion to EMI
- Contact Axis Bank through various channels such as Internet Banking, Mobile App, or Customer Service to convert significant credit card purchases into Equated Monthly Installments (EMIs). This option applies to transactions over Rs. 2,500 made using the Neo Credit Card.
- Earn EDGE REWARDS Points
- Accumulate EDGE REWARDS points with each transaction made using the Neo Credit Card. Redeem these points from a diverse array of 500+ rewards and offers, earning 1 point for every Rs. 200 spent.
- Network Offers
- Mastercard Cardholders can access exclusive cashback offers on popular brands by visiting Mastercard Shop Perks.
Card Category: Reward + Cashback
Eligibility for Axis Bank – NEO Credit Card:
To discover if you qualify for this exceptional credit card, explore the eligibility criteria designed for both salaried individuals and self-employed professionals below.
For Salaried:
- Primary Cardholder’s Age Requirement
- The primary cardholder must fall within the age range of 18 to 70 years.
- Add-on Cardholder’s Age Requirement
- Add-on cardholders must be at least 15 years old.
- Residency Requirement
- Applicants must be either residents of India or non-resident Indians (NRIs).
For Self-employed:
- Primary Cardholder’s Age Requirement
- The primary cardholder must fall within the age range of 18 to 70 years.
- Add-on Cardholder’s Age Requirement
- Add-on cardholders must be at least 15 years old.
- Residency Requirement
- Applicants must be either residents of India or non-resident Indians (NRIs).
Fees for Axis Bank – NEO Credit Card:
- Joining Fee: Rs. 250
- Annual Fee (From Second Year): Rs. 250
- Add-on Card Joining Fee: Nil
- Add-on Card Annual Fee: Nil
- Card Replacement Fee: Nil
- Cash Payment Fee: Rs. 100
- Duplicate Statement Fee: Waived
- Charge Slip Retrieval Fee or Copy Request Fee: Waived
- Outstation Cheque Fee: Waived
- Mobile Transaction Alerts: Free
- Hotlisting Charges: Nil
- Balance Enquiry Charges: Waived
- Finance Charges (Retail Purchases & Cash): 3.6% per month (52.86% per annum)
- Cash Withdrawal Fees: 2.5% (Min. Rs. 500) Of The Cash Amount
- Overdue Penalty or Late Payment Fee:
- Nil if Total Payment Due is less than Rs. 500
- Rs. 500 if total payment due is between Rs. 501 – Rs. 5,000
- Rs. 750 if total payment due is between Rs. 5,001 – Rs. 10,000
- Rs. 1200 if total payment due is greater than Rs. 10,000
- Over Limit Penalty: 2.5% of the over-the-limit amount (Min. Rs. 500)
- Cheque Return or Dishonour Fee or Auto-debit Reversal: 2% of the payment amount subject to Min. Rs. 450, Max. Rs. 1,500
- Surcharge on Railway Tickets: As per IRCTC/Indian Railways regulations
- Foreign Currency Transaction Fee: 3.50% of the transaction value
- GST: As per prevailing Government norms
- Reward Redemption Fee: Yes
- Rent Transaction Fee: 1% capped at INR 1,500 per transaction. GST will apply as per Government notification. Rent transactions identified through Merchant Category Code 6513.
- Dynamic Currency Conversion Markup: 1% plus taxes on international transactions performed in Indian currency at international locations or with merchants registered in a foreign nation but located in India.
- Fuel Transaction Surcharge: 1% of the transaction amount
How to apply?
Click here to apply for the Axis Bank’s NEO Credit Card.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank.