Axis Bank · RuPay / Visa / Mastercard
Axis Neo
A low-fee entry-level Axis card built for merchant discounts on Zomato, Paytm utility bills, Myntra, Blinkit and BookMyShow.
- Low fee
- Zomato
- Utilities
- Get flat Rs 120 off on Zomato orders of Rs 499 or more twice a month, plus Paytm utility, Myntra, Blinkit and BookMyShow offers.
- The base reward rate is low at 1 EDGE RP per Rs 200, so Neo works best as a discount and first-Axis-card option rather than a rewards card.
- Fee
- Rs 250 Select-channel LTF
- Zomato
- Rs 120 off
- Utilities
- 5% Paytm
At a glance
Axis Neo highlights
- Fee
- Rs 250; LTF on select channels
- Zomato
- Flat Rs 120 off on Rs 499+, twice/month
- Utilities
- 5% off Paytm utility bills up to Rs 150 per order, once/month
- Partners
- Myntra, Blinkit and BookMyShow offers
- Rewards
- 1 EDGE RP per Rs 200, worth 20p per point
Axis Neo: fees & key facts
| Card type | Entry-level, low-fee credit card |
|---|---|
| Joining fee | Rs 250; lifetime free only through selected application channels |
| Annual fee | First year nil, then Rs 250; lifetime free only through selected application channels |
| Welcome benefit | 100% cashback up to Rs 300 on the first eligible utility bill payment within 30 days of card issuance |
| Payment networks | RuPay, Visa and Mastercard variants |
| Base rewards | 1 EDGE Reward Point per Rs 200 |
| Reward value | 1 EDGE RP is worth 20 paise for EDGE Rewards Portal options such as Amazon and Flipkart vouchers |
| Effective reward rate | Around 0.1% before merchant offers or Axis Grab Deals |
| Zomato offer | Flat Rs 120 off per order, minimum order Rs 499, usable 2 times per month |
| Paytm utility offer | 5% off up to Rs 150 per order, minimum order Rs 299, usable once per month |
| Myntra offer | 10% off selected styles on a minimum order of Rs 500, with no stated cap |
| Blinkit offer | 10% off up to Rs 250, minimum order Rs 750, usable once per month |
| BookMyShow offer | 10% off up to Rs 100 per month |
| Fuel surcharge waiver | 1% waiver on fuel transactions between Rs 400 and Rs 5,000, capped at Rs 400 per statement cycle |
| Dining | Eligible for Axis Bank Dining Delights with at least 15% off at partner restaurants, subject to current programme terms |
| Eligibility | Axis does not specify a minimum income on the reviewed page; salaried and self-employed applicants are eligible, and age eligibility is 18-70 years |
| Reward exclusions | No EDGE Rewards on fuel, rent, utilities, education, government institutions, insurance, jewellery and wallet spends |
Last verified 4 July 2026. Issuer terms and offers can change; confirm them before applying.
Who should get it
Axis Neo is best understood as a low-fee discount card, not a high-reward credit card. Lifetime-free pricing is available only through selected application channels.
The main practical hooks are flat Rs 120 off on Zomato orders of Rs 499 or more twice a month, 5% off Paytm utility bills, selected Myntra and Blinkit discounts, BookMyShow savings, Dining Delights access and occasional Axis instant-discount offers.
It can work as a first Axis card or a low-maintenance companion card when its merchant offers fit. It is not a strong primary card for broad spending because EDGE Rewards earn only 1 point per Rs 200 and several everyday categories do not earn rewards.
Axis Neo FAQs
Is Axis Neo lifetime free?
Only through selected application channels. The standard joining fee is Rs 250; the first-year annual fee is nil and the annual fee from the second year is Rs 250.
What is the main benefit of Axis Neo?
The strongest benefits are merchant discounts: flat Rs 120 off Zomato orders of Rs 499 or more twice a month, 5% off Paytm utility bills, and selected Myntra, Blinkit and BookMyShow offers.
What reward rate does Axis Neo offer?
Axis Neo earns 1 EDGE Reward Point per Rs 200. At 20 paise per point, the base reward rate is around 0.1% before merchant offers.
Does Axis Neo have a welcome benefit?
Yes. Get 100% cashback up to Rs 300 on the first eligible utility bill payment within 30 days of card issuance.
Who should get Axis Neo?
It is best for someone who wants a low-fee first Axis Bank credit card or access to Axis merchant discounts. Applicants using an eligible selected channel may receive it lifetime free. It is not ideal as a primary rewards card.
Which spends do not earn EDGE Rewards on Axis Neo?
EDGE Rewards are not earned on fuel, rent, utilities, education, government institutions, insurance, jewellery and wallet spends.
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