Axis Bank • A starter Axis card that pays through app offers, not reward points.
By Deepak • Co-founder, Credwiser
Figures checked against the issuer's official MITC • Last verified 21 October 2026 • How we score
Some apply links are referral links. They never change our scores or rankings. Read our editorial independence promise.
Neo is Axis Bank's youth focused starter card. Its reward rate is tiny at 1 EDGE Reward Point per ₹200, so the card only makes sense if you actually use its offer sheet: flat ₹120 off on Zomato twice a month, 10% off on Blinkit and BookMyShow, and 5% off utility payments through Paytm. One caution before you apply: Axis Bank's MITC lists a joining and annual fee of ₹250 each for Neo, while the bank's card listing shows the fee as Nil and the card is widely issued lifetime free through select channels. The fee printed on your own application and approval letter is the one that will apply to you.
As per Axis Bank's MITC, joining fee ₹250 and annual fee ₹250 plus GST, with no spend based waiver. The bank's online card listing currently shows joining and annual fee as Nil, and the card is marketed as lifetime free through select channels. Foreign currency markup is 3.5% plus GST as per the MITC.
Last verified against MITC: 21 October 2026 • View official MITC →
It depends on the channel. Axis Bank's MITC lists a ₹250 joining fee and a ₹250 annual fee, but the bank's card listing shows the fee as Nil and many applicants get the card lifetime free. Check the fee on your application before you accept.
Flat ₹120 off on Zomato twice a month, 10% off on Blinkit (up to ₹250 a month) and BookMyShow (up to ₹100 a month), and 5% off utility bill payments made through Paytm, each with its own terms.
Yes, if you choose the RuPay variant. It can be linked to UPI apps for merchant payments like other RuPay credit cards.
Was this page helpful?