Axis Bank Neo Credit Card Review

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Axis Bank has some good entry-level credit cards like Neo and MY Zone. These are easy to get approved for and come with low annual fees making them ideal for someone new to credit cards. In this post, we review the Axis Bank Neo credit card and the features, rewards, and benefits offered by it.

Fees and Charges

Joining/Annual Fee Rs 250
Welcome Benefit Rs 250 Amazon Gift Voucher
3 months Zomato Pro subscription
Rs 250 Grofers Gift Voucher
6 months 1mg care subscription
Joining Fee Waiver None
Annual Fee Waiver None


Neo’s rewards and benefits are more for select merchants like Zomato/Paytm/Grofers. The rate for ‘EDGE’ rewards is a bit low. This makes this card worth it only if you can maximize the merchant offers

Rewards 1 EDGE Reward Point / Rs 200
EDGE Reward Points Value 20 paise / point


Effective 15th November 2022, Axis Bank Neo credit card will not earn any EDGE Rewards for the below categories:

x   Fuel

x   Rent

x   Utilities

x   Educational Services

x   Government Institutions

Merchant Benefits

Zomato 40% off Rs 120 / order Rs 200 2 times / month
Paytm – Utility Bills 5% off Rs 150 / month None Once / month
Myntra – Select Styles 10% off No Cap Rs 500 No Cap
Grofers 10% off Rs 250 Rs 750 Once / month
BookMyShow 10% off Rs 100 / month None None


  • Zomato, Paytm and Grofers are the only ones where I see some benefit.
  • We can get a better discount on the others even without the Neo card.

Dining Delights

Neo card is also eligible for the Axis Bank Dining Delights program. In this, we get a minimum of 15% off on partner restaurants when dining in.

Refer to the official Axis Bank Dining Delights website for a list of restaurants and applicable offers.

My View

Axis Neo is not meant for someone who spends at a variety of places and expects consistent rewards. It is for someone who wants to get their first Axis Bank credit card or someone starting off with credit cards. For the second case, we have a lot of entry-level credit cards that are easy to get for salaried people. These include Ace, Flipkart Axis card, and Amazon Pay ICICI card. These are very easy to get and provide good rewards as well.

So, should one get the Axis Neo credit card? If, this is the only card you are able to get then yes. Or, if you are getting this LTF. For all other cases, we have many better options.

I am passionate blogger and youtuber since 2018 and self study Programmer.

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