Axis Bank Neo Credit Card: rewards, caps and exclusions

What it earns

≈ marks a rate paid in points, converted at ₹0.2 a point: the lowest redemption value Axis Bank documents. Some redemptions are worth more; we price at the floor, because that is what the points are worth whichever way you spend them.

What earns nothing

Spend in these categories earns no rewards on this card, however it is paid for:

• Utility bills
• Education fees
• Insurance premiums
• Government payments
• Wallet loads
• Rent
• Fuel
• Gift cards
• Tolls (since 28 August 2026)
• Telecom bills (since 20 June 2025)
• Jewellery (since 20 June 2025)
• Cash withdrawals and fees
• EMI conversions

Fees

• Annual fee: ₹250, plus 18% GST
• Joining fee: ₹250
• Foreign-currency markup: 3.5%

Welcome benefit: 100% cashback up to ₹300 on the first utility bill on reaching the bank's spend condition.

Eligibility: aged 18–70.

Where this comes from

Transcribed from Axis Bank's own documents and checked against them on 30 September 2026:

• axis.bank.in
• axis.bank.in (PDF)
• axis.bank.in (PDF)
• campaign.axis.bank.in (PDF)
• axis.bank.in (PDF)
• axis.bank.in (PDF)
• axis.bank.in (PDF)

Banks change these terms, sometimes with a month's notice. If a figure here disagrees with Axis Bank's current document, the bank's document is right. Tell us at support@zenidhi.com and we'll fix the rule, here and in the app.

Hold this card?

Zenidhi reads your Axis Bank transaction alerts in Gmail, replays every swipe against the rules on this page, and shows you what you missed, and which card in your wallet to use next time. Get my audit · How the audit works

Other Axis Bank cards

Every card we have rules for