Axis Bank Neo Credit Card

Charge

• Interest Rate: 55.55% p.a. (3.75% per month).
• Cash Withdrawal Fee: 2.5% of cash amount (Min ₹500).
• Cash Withdrawal Limit: 30% of Credit Limit.
• Late Payment Fee: Nil (<₹500).
• ₹500 (₹501-5000).
• ₹750 (₹5001-10,000).
• ₹1,200 (>₹10,000).
• Plus additional ₹100 on missing MAD payment for two consecutive cycles.
• Over-limit Fee: 2.5% of over-limit amount (Min ₹500).
• Cash Payment at Branches: ₹175.
• Cheque Return/Dishonour or Auto Debit Reversal: 2% of payment amount (min ₹500).
• Rent Transaction fee: 1% of each rental transaction amount.
• Education Transaction Fee: 1% on education payments via third party apps.
• Wallet Load Transaction Fee: 1% on cumulative spends of ₹10,000 or more per statement cycle.
• Fuel Transaction Fee: 1% on cumulative spends of ₹50,000 or more per statement cycle.
• Utility Transaction Fee: 1% on cumulative spends of ₹25,000 or more per statement cycle.
• Online Skill-Based Gaming Transaction Fee: 1% on cumulative spends of ₹10,000 or more per statement cycle.
• Fuel Transaction Surcharge: 1% of transaction amount (refund not applicable on NEO).
• All charges exclusive of GST.

Verified · Key Fact Statement (KFS / Schedule of Charges) – Axis Bank Credit Cards · 2026-08-03 · source

Interest-free period

Interest-free grace period ranging from 20 to 50 days, depending on the date of transaction.

Verified · Key Fact Statement (KFS / Schedule of Charges) – Axis Bank Credit Cards · 2026-08-03 · source

Fuel surcharge waiver

No fuel surcharge refund on NEO Credit Card (Fuel Transaction Surcharge is 1% of transaction amount; refund is explicitly not applicable on NEO Credit Card).

Verified · Key Fact Statement (KFS / Schedule of Charges) – Axis Bank Credit Cards · 2026-08-03 · source

Redemption value

• The Bank reserves the right to forfeit unredeemed EDGE REWARD Points / EDGE Miles 30 days post credit card closure, or if the minimum amount due is outstanding for more than 90 days (effective 1st October 2025).
• Cardholders are encouraged to redeem EDGE REWARD Points / EDGE Miles within 30 days of card closure.

Verified · Neo Credit Card – Terms & Conditions (Revision Notice) · 2026-08-03 · source

Reward exclusion

Verified · Neo Credit Card – Terms & Conditions (Revision Notice) · 2026-08-03 · source

Dining benefit

• Flat ₹120 off on Zomato, minimum order value of ₹499 (excludes GST, restaurant charges and Delivery Fee), applicable twice per month using coupon code AXISNEO (effective 1st July 2025).
• Can be clubbed with Restaurant coupons.
• Not eligible if payment is made via UPI-linked NEO RuPay Credit Card.

Verified · Neo Credit Card – Terms & Conditions (Revision Notice) · 2026-08-03 · source

Travel benefit

• Cleartrip (code CTAXISNEO): 7% off up to ₹2,000 on domestic and international flight bookings with no minimum value.
• 18% off up to ₹4,000 on hotel bookings with a minimum value of ₹4,000.
• Both benefits valid once per user per month.
• Offer applicable from 11-05-2026 till 30-11-2027.

Verified · Neo Credit Card product page · 2026-08-03 · source

Statement credit

• 5% off on utility bill payments (Mobile Recharge/Broadband Payment/DTH Recharge) via Paytm using code AXISNEO.
• Minimum transaction value ₹299.
• Maximum discount ₹150 per card per month.
• Valid once per card per month.
• Not eligible if payment is made via UPI using Neo RuPay Credit Card.

Verified · Neo Credit Card product page · 2026-08-03 · source