Benefites of SBI Credit Card Total Benefits...
Axis Bank Neo Credit Card
- Joining Fee: Rs. 250 + GST
- Renewal Fee: Rs. 250 + GST
- Best Suited For: Shopping
- Reward Type: Reward Points
- Welcome Benefites: Get 100% cashback up to Rs. 300 on your first utility bill payment within 30 days of getting the card.
In this new era of influencers who love to shop, Axis Bank offers an entry-level credit card that fits their needs. Axis Bank Neo Credit Card is the one that is provided by the bank, which offers various discounts, cash-back, and reward points on shopping. It is considered one of the best credit cards for millennials to go for. The joining fee for this card is Rs. 250 only. Other than the regular Edge Reward Points on all your spends, you get exciting discounts on partner brands, including Zomato, Myntra, and Paytm. Talking about the entertainment benefits, you get 10% off with BookMyShow while booking movies with this card. The additional benefits of this card include a 1% fuel surcharge waiver, exciting discount offers or partner brands, and many more. To know more about the features of the Axis Bank Neo credit card, read the detailed information given below.
New Features
Spend Based Waiver
NA
Interest Rates
3.6% per month (52.86 per annum)
Add-on Card Fee
Nil
Rewards Redemption Fee
Nil
Fuel Surcharge
1% fuel surcharge waived at all petrol pumps across India on transactions between Rs. 400 – Rs. 4000.
Foreign Currency Markup
3.5% on all foreign currency transactions
Cash Advance Charges
2.50% or a minimum of Rs. 500
Movie & Dining
You get 10% off on booking movie tickets on BookMyShow and 40% off food delivery while ordering with Zomato.
Travel
NA
International Lounge Access
NA
Rewards Rate
Earn 1 EDGE REWARD point on every Rs. 200 spent.
Golf
NA
Insurance Benefits
NA
Reward Redemption
The Edge Rewards can be redeemed against an array of categories at the Edge Rewards Website at a rate of 1 Edge RP = Re. 0.20.
Domestic Lounge Access
NA
Zero Liability Protection
It provides protection against any misuse of the card or the loss of the card if the card is reported lost/stolen to the bank in a timely manner.
Pros
On a spend of Rs. 200, you would earn 1 Edge Point Reward, which can be later redeemed. Get 10% off while booking movies with BookMyShow.
Cons
There are no insurance benefits provided with this card. You can’t access international or domestic lounges at airports in India with the Axis Bank Neo Credit Card.