Axis Neo

Low-fee Axis card for merchant discounts.

Apply on Axis BankAXIS

You'll apply on Axis Bank

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

Blinkit and BookMyShow offers; expired Myntra offer excluded

Rewards

1 EDGE RP per Rs 200, worth 20p per point

Low fee

Rs 120 Zomato

5% utilities

Low annual fee

The standard fee is Rs 250, while lifetime-free pricing is available only through selected application channels.

Zomato discount

Get flat Rs 120 off on Zomato food-delivery orders of Rs 499 or more, valid twice per month.

Utility bills

Paytm utility bills get 5% off up to Rs 150 once per month, with a Rs 299 minimum order.

Shopping partners

10% off up to Rs 250, minimum order Rs 750, usable once per month

BookMyShow

BookMyShow gets 10% off up to Rs 100 per month, useful as a small recurring entertainment perk.

Fuel waiver

A 1% fuel surcharge waiver applies on Rs 400 to Rs 5,000 fuel transactions, capped at Rs 400 per statement cycle.

Axis Neo: fees & key facts

Axis Neo credit card fees and 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	The issuer-listed ₹150 off ₹999 selected-style offer has expired 2026 validity; no active Myntra benefit is claimed without renewed terms
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, insurance, wallet loads, gift cards and tolls, according to Axis's dedicated Neo merchant-code exclusions

Public issuer terms checked 3 October 2026.

Axis Neo product and merchant offers

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, eligible 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.

Reward exclusions

Transactions that do not earn EDGE Reward points

Eligibility follows the merchant category code and transaction data received by the issuer, so the merchant name alone may not determine whether a transaction earns rewards.

Utilities, education, insurance and government payments
Wallets, rent, fuel and gift cards
Bridge fees, road fees and tolls

Merchant discounts, such as a utility-bill offer, are separate from EDGE Reward earning. This summary follows Axis’s dedicated Neo merchant-code exclusions.

Checked 3 October 2026Axis Neo rewards exclusions

Axis Neo FAQs

Is Axis Neo lifetime free?

Only through eligible new-to-Axis campaigns and selected channels; check the acquisition offer. 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 eligible 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?

Axis's dedicated Neo exclusions list fuel, rent, utilities, education, government, insurance, wallet loads, gift cards and tolls. Merchant discounts are separate from EDGE Reward earning.

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