Axis Bank has become one of the premier banking institutions, along with a big credit card issuer. Axis Bank offers many varied products and services, one of which is “Credit Cards”. One can look for the credit card that best suits their need and offers benefits like dining and shopping discounts, free access to domestic and international airport lounges, fuel surcharge waivers, complimentary movie tickets, and many more. Some of the Axis Bank Credit Cards include the Flipkart Axis Bank Credit Card, Axis Bank Vistara Credit Card, Axis Bank My Zone Credit Card, Axis Bank Magnus Credit Card, and many more. In this article, we will be discussing the Axis Bank Neo Credit Card.
Features and Benefits
Mentioned below are the features and benefits of Axis Bank Neo Credit Card:
- Get 100% cashback up to INR 300 on the first utility bill payment within the first 30 days of issuance of a credit card.
- Get a 40% discount on food delivery through Zomato using code “AXISNEO” for a maximum of up to INR 120 per order. This offer is applicable on a minimum order of INR 200.
- Get a discount of 5% on mobile recharges/ DTH recharges/ broadband via Amazon Pay, a maximum of up to INR 150, on a minimum transaction value of INR 299.
- Get a 10% discount up to INR 250 on a minimum spend of INR 750 once a month.
- Get a discount of 10% at Myntra on a minimum spend of INR 500.
- Get a discount of 10% on booking a movie ticket via Book My Show, a maximum of up to INR 100.
- Get a discount of up to 15% at partner restaurants in India, a maximum of up to INR 500. The minimum order value should be INR 1500 with a validity of 2 times a month, maximum up to INR 1000.
- These cards are EMV-certified chip credit cards that help reduce the chances of counterfeiting and skimming fraud.
- In case of a stolen or lost card, call the customer care number, i.e. 1860 500 5555 or 1860 419 5555. This card comes with zero lost card liability, which ensures protection against any fraudulent use of the card in case the loss is reported.
- Convert big purchases above INR 2500 made via credit card into EMIs via internet banking, mobile banking or customer service.
- Get Edge Rewards points for transactions and use them to redeem 500+ rewards and offers.
Should You Apply for an Axis Neo Credit Card?
One can consider opting for Axis Bank Neo Credit Card if:
- If you are an online shopper.
- If you prefer direct discounts and do not want to put in much effort.
- If you want a card with a minimal annual fee.
- If you consider getting co-branded discounts.
Fees and Charges
Mentioned below are the processing fees and charges to apply for Axis Bank Neo Credit Card:
| Particulars | Fees and Charges |
| Joining Fee | INR 250 |
| Annual Fee | INR 250 |
| Add-on Card Fee | Nil |
| Cash Withdrawal Fees | 2.5% of the amount (Minimum fee of INR 500) |
| Duplicate Statement Fee | Waived |
| Cash Payment Fee | INR 100 |
| Card Replacement Fee | Nil |
| Late Payment Fee | ● Nil, if the payment due below INR 500
● INR 500, if payment is due between INR 501- INR 5,000 ● INR 750, if payment is due between INR 5,001-INR 10,000 ● INR 1,200 if the payment due is greater than INR 10,000 |
| Penalty on Over Limit | 2.5% of over the limit amount (Minimum INR 500) |
| Foreign Currency Transaction Fee | 3.50% of the transaction value |
| Balance Inquiry Fee | Waived |
| Cheque Return Fee | 2% of the payment amount (Min. INR 450 and max. INR 1,500) |
Eligibility Criteria
Mentioned below are the eligibility criteria in order to apply for the Axis Bank Neo Credit Card:
- The minimum age of the primary cardholder should be 18 years.
- The maximum age of the primary cardholder should be 70 years.
- The applicant should be either a resident of India or a non-resident of India.
The eligibility criteria for an add-on cardholder are as mentioned below:
- It can only be issued to parents, spouses, siblings, and kids.
- The minimum age of the Add-on cardholders should be above 15 years.
- There is no maximum age limit.
- The applicant should be a Resident of India.
Documents Required
Mentioned below is the list of documents required to apply for Axis Bank Neo Credit Card:
- Proof of identity: Aadhaar card, PAN card, voter ID, driver’s licence
- Proof of residence: Passport, ration card, utility bills
- Proof of income: ITR copy, Form 16, or your latest pay slips
- Passport-sized coloured photographs
How to Apply for Axis Bank Neo Card
Let us go through the steps to apply for the Axis Bank Neo Card:
Step 1: Visit the website www.axisbank.com.
Step 2: Under the tab “Explore Products”, click “Cards” and then click “Credit Cards”.
Step 3: Select the “Axis Neo Credit Card” card.
Step 4: Click on “Apply Now”.
Step 5: A pop-up will appear, i.e., “Are you an existing customer?”
Step 6: Select “Yes” or “No”.
Step 7: Fill out the details like PAN card number along with the income details.
Step 8: Now click “Call Me”.
Step 9: The credit card application status can then be tracked with the help of the Application Reference Number, PAN Number, and Mobile Number.
Step 10: Then click “Submit”.
Different Modes of Credit Card Bill Payment
Mentioned below are the different payment modes for credit card bills:
1. Online Mode:
- Auto Debit Option
- NEFT
- Internet Banking
- Visa-Money Transfer
2. Offline Mode:
- By visiting ATM
- By visiting the nearest branch
Steps to Convert a Credit Card Transaction into EMI
Mentioned below are the steps to convert the big purchases made through your credit card into EMI:
- Under the tab “Accounts”, select your credit card.
- Then click on “Convert to EMI”.
- Then, choose the transaction to be converted from the statement and enter the details of the EMI.
- Click on “Agree to the terms and conditions”.
- Enter the Net secure code.
- Also, the other way to convert is by calling the customer care number, i.e. 1800 500 5555 or 1860 419 5555, and speaking to the customer care executive to know the process.