Axis Neo Credit Card: Top Benefits and Savings
Axis Neo Credit Card offers a range of benefits including discounts on movies, online shopping, and utility bill payments. With its attractive offers, it is designed to provide maximum savings for its users.
Key Benefits
The Axis Neo Credit Card is packed with a variety of benefits that cater to different lifestyle needs. Here are some of the standout features:
Dining and Food Offers
Enjoy 40% off on Zomato food deliveries up to Rs. 120 per order, with a minimum spend of Rs. 200. This offer can be availed twice a month by using the coupon code AXISNEO.
Utility Bill Benefits
Get 5% off on utility bills like mobile recharges, broadband payments, and DTH recharges via Amazon Pay. This discount is capped at Rs. 150 monthly on a minimum spend of Rs. 299 and is available once per month.
Shopping Discounts
Avail Rs. 150 off on Myntra on a minimum purchase of Rs. 999 on select styles, as well as 10% off on Blinkit grocery shopping up to Rs. 250 on a minimum spend of Rs. 750, valid once a month.
Security Features
All Axis Neo Credit Cards come equipped with an EMV certified chip and PIN system, ensuring secure transactions. The EMV chip technology effectively reduces the risk of fraud.
Zero Lost Card Liability
If your Axis Neo Credit Card is reported lost or stolen, you are protected against any fraudulent use from the moment the loss is reported. This provides peace of mind and ensures your finances are secure.
Convert Purchases to EMIs
Convert significant purchases of over Rs. 2,500 into easy monthly installments (EMIs) using Axis Bank’s Internet Banking, Mobile App, or Customer Service.
EDGE REWARDS Points
Earn EDGE REWARDS points for every transaction made with the Neo Credit Card. Earn 1 point for every Rs. 200 spent and redeem these points for over 500 rewards and offers available in the EDGE REWARDS Catalogue.
OTHER AMAZING OFFERS
Upto 15% Off at partner restaurants under Dinning Delights program via EazyDiner
Get zero lost card liability waivers on fraudulent transactions and Credit Card loss, upon prompt reporting
Fees and Charges
The Axis Neo Credit Card provides excellent value with reasonable fees and charges. Here is a detailed breakdown:
| Fee Description | Charge |
|---|---|
| Joining Fee | Rs. 250 (Waived for select channels) |
| Annual Fee (2nd year onwards) | Rs. 250 (Waived for select channels) |
| Cash Payment Fee | Rs. 100 |
| Cash Withdrawal Fees | 2.5% (Min. Rs. 500) |
| Foreign Currency Transaction Fee | 3.5% of transaction value |
Eligibility and Documentation
To be eligible for the Axis Neo Credit Card, applicants need to meet the following criteria:
- Primary cardholder should be aged between 18-70 years.
- Add-on cardholder should be over 15 years.
- Must be a Resident of India or a Non-Resident Indian.
Required Documentation
- PAN Card photocopy or Form 60
- Proof of income: Latest payslip / Form 16 / IT Return
- Residence proof: Driving License / Electricity Bill / Landline Telephone Bill
Savings Overview
The Axis Neo Credit Card provides significant savings, allowing users to save up to Rs. 10,000 in a calendar year. Here’s an overview:
| Benefit Type | Monthly Benefits (Rs.) | Annual Benefits (Rs.) |
|---|---|---|
| Activation Benefit | 300 | 300 |
| Zomato Food Orders | 240 | 2880 |
| Utility Bill Payments | 150 | 1800 |
| Grocery Shopping via Blinkit | 250 | 3000 |
| Movie Spends on BookMyShow | 100 | 1200 |
| Online Shopping at Myntra | 100 | 1200 |
| Edge Rewards | 100 | 1200 |
| Total Savings (Year 1) | 10,560 | |
| Total Savings (Year 2 onwards) | 10,360 |
