In this new era of “Gen Z,” the Axis Bank Neo Credit Card can be an absolute treat for satisfying shopping needs. This credit card offers numerous discounts, cash-back, and reward points when shopping. Indeed, it is the best credit card available for the targeted millennials. This card has a low joining fee of Rs. 250 and offers exclusive welcome perks that are more valuable than the joining fee itself, such as a gift card to Amazon, a free Zomato Pro membership, a free Grofers membership, etc.
You receive great discounts on partner brands like Zomato, Myntra, Paytm, 1mg, etc., in addition to the standard Edge reward points on all purchases. Speaking of entertainment benefits, Paytm Movies offers movie tickets with a Buy One Get One Free deal. Moreover, there are plenty of advantages that you can get with this card. We have curated this article to give you a detailed overview of the Axis Bank Neo Credit Card and how you can get one!
Key Features of the Axis Bank Credit Card
Top features and benefits of Axis Bank Neo Credit Card
Listed below is a detailed overview of the benefits and features of the Axis Bank Neo Credit Card:
Welcome Benefits
You will get Amazon gift vouchers worth Rs. 250.
You will get 3 months complimentary subscription to Zomato Pro.
You will get 6 months complimentary subscription to Grofers.
You will get 6 months free subscription to 1mg.
You can avail of these welcome benefits by making the first transaction within the first 30 days from the card set-up date.
The voucher codes will be sent to the cardholders within 45-60 days after making the eligible transaction with the card.
Movie and Dining Benefits
You can enjoy 15% off on dining at partner restaurants.
This card entitles you to enjoy 40% off when your order food worth Rs. 200 and above from Zomato twice a month. The maximum discount per order is Rs. 120. Moreover, you have to use the coupon code AXISNEO to avail of the discount.
You will also get 10% off on booking movie tickets from the BookMyShow app. The maximum benefit you can earn on movies is capped at Rs. 100 per month.
Shopping Benefits on Partnered Brands
Enjoy up to 10% off (up to Rs. 250) on a minimum spend of Rs. 750 on Grofers monthly.
You will get 10% off on a minimum shopping of Rs. 500 on Myntra.
Fuel Surcharge Waiver Benefits
Get a 1% fuel surcharge waiver at all authorized fuel stations for all fuel transactions between Rs. 400 and Rs. 4,000.
The maximum benefit through the fuel surcharge waiver is capped at Rs. 400 per month.
Additional Benefits
Axis Bank Neo Credit Card users receive one reward point for every Rs. 200 spent as EDGE reward points.
Turn large purchases into simple EMIs using internet banking or a mobile application for a minimum of Rs. 2,500.
After the loss has been reported, you can benefit from lost credit card liability and continue to be guarded against any illegal use of your card.
Fees & Charges on the Axis Bank Neo Credit Card
The fees and charges applicable to the Axis Bank Neo Credit Card are mentioned below:
Eligibility Criteria & Documents Required for Getting an Axis Bank Neo Credit Card
Every credit card has different eligibility requirements that applicants must meet in order to be eligible for that specific credit card. A few parameters, such as age, income, credit history, etc., define your fundamental eligibility for any credit card. The card issuer may, however, also have some internal standards. The following are the primary requirements for obtaining an Axis Bank Neo Credit Card:
The applicant should be between 18 and 70.
The candidate should be employed.
The applicant must be an Indian citizen, either a resident or a non-resident.
You will need to keep the following documents handy for getting the Axis Bank Neo Credit Card:
Identity Proof – Aadhar Card, PAN Card, Passport, Driving Licence, Photograph, etc.
Residential Proof – Aadhar Card, Utility bills, Passport, etc.
Income Proof – Form 16, latest salary slip, latest ITR, etc.
How to Redeem Reward Points Earned on Axis Bank Neo Credit Card?
The points you earn with your Neo credit card are valid for three years before they automatically expire. In order to redeem reward points, it is advised to keep a regular check on them.
You can redeem the reward points by following the steps below:
Login to your net banking account.
Choose “Account Summary.”
Select “Axis eDGE Rewards” from the menu.
Check the box to accept the terms and conditions, and click on ‘Redeem Now’ to view your rewards.
From the drop-down menu, choose the reward category and add them.
Once you are done, click on confirm to redeem the points.
What is the credit limit on the Axis Bank Neo Credit Card?
The Axis Bank Neo Credit Card is a basic card, so the credit limit won’t be high. Additionally, the credit limit varies depending on each cardholder’s income, credit history, and a few other characteristics rather than being the same for all of them. Although the Axis Bank Neo Credit Card’s initial credit limit won’t be too high, you may always increase it by upholding a positive credit history. You can ask your card provider for a higher credit limit if you have good credit.
How to apply for the Axis Bank Neo Credit Card?
Both online and offline applications are accepted for the Axis Bank Neo Credit Card. You can complete a physical application form at your nearby Axis Bank branch with all the necessary documentation. You must follow the following basic steps to apply online:
Visit Axis Bank’s official website.
Click on the “Credit Cards” option.
Scroll down to discover about the Axis Bank New Credit Card.
Now click on the option”Apply Now.”
Complete and submit the online application form.
Alternatively, you can apply for the Axis Bank Neo Credit Card by visiting the website of ReferLoan. You can easily apply for a credit card from our website without any hassles.
End Note
The Axis Bank Neo Credit Card is a very cost-effective credit card for young people. It is comparable to the My Zone Credit Card, which has a higher annual cost and a few extra benefits. The Neo card offers a variety of discounts on purchases made on Zomato, Myntra, Grofers, movies, and dining, all while considering young people’s spending preferences. Moreover, the Axis Bank Neo Credit Card is a good option because it has many fascinating features, especially for young people.
FAQs
Your credit card application will either be approved or denied by Axis Bank in at least 21 days.
You can set up automatic payments from your bank account to ensure that your Axis Bank credit card bills are paid on time.
Yes, you can convert your edge reward points into AirMiles. Your 5 edge reward points are equivalent to 1AirMile (InterMile/Club Vistara).