Axis Bank Neo Credit Card
Axis Bank · Points/miles card · ₹250 annual fee
Fees & benefits
| Annual fee | ₹250 + GST |
| Welcome benefit | ~₹300 value |
| Airport lounges | None |
| No rewards on | rent, wallet, fuel, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| Base EDGE points (1 per Rs.200) | 0.1% | Uncapped | all eligible spend |
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
Value is mainly capped partner offers (Zomato, Blinkit, bill pay) which are merchant discounts, not reward earn; base earn is nominal.
Welcome: 100% cashback up to Rs.300 on first utility bill payment.
Verified 2026-07-16 against independent official-source verification; reward-point rupee values are modeled (see est. tags).
Quick answers
Is the Axis Bank Neo Credit Card lifetime free?
No, the annual fee is ₹250 (plus GST) with no spend-based waiver.
What is the highest reward rate on the Axis Bank Neo Credit Card?
0.1% — Base EDGE points (1 per Rs.200). Effective value depends on monthly caps; see the caveats on this page.
Does the Axis Bank Neo Credit Card give airport lounge access?
No, the Axis Bank Neo Credit Card does not include airport lounge access.