What Makes Axis Bank Neo Credit Card Unique?

November 6, 2017July 18, 2020 Olivia Rs

Axis Bank is a leading private sector bank which has made its special place in the banking sector. The smooth servicing along with unique product features have made it possible for the bank to reach such position.

One of the best products for which the bank is popular is Credit Cards and one unique card under this segment is Neo Credit Card. This card has many advantages that will help you enjoy more rewards points. If you have not yet checked the features of this card, read more. You can also check the eligibility required to apply for this card.

Features and Benefits of Neo Credit Card

• Unique voucher code will be sent separately via email/SMS
• Enter the voucher code while booking movie tickets through BookMyShow and avail discount of Rs. 300
• Welcome gift voucher from Jabong worth Rs. 500
• 10% off every time you shop at Myntra on a minimum purchase value of Rs 500
• 10% off on every purchase of a movie ticket on BookMyShow with maximum monthly benefits of upto Rs. 50
• 10% off on every reservation of bus tickets on redBus with maximum monthly benefits of upto Rs. 100
• 10% cashback on mobile recharge through Freecharge mobile app with monthly benefits of upto Rs. 30
• With an EMV certified chip credit card, all credit cards are chip and PIN protected for unrivalled protection
• EMV certified chip reduces the possibility of counterfeit and skimming fraud
• With an EMV certified chip credit card, all credit cards are chip and PIN protected for unrivalled protection
• EMV certified chip reduces the possibility of counterfeit and skimming fraud
• On any transaction over Rs. 2,500, contact the Bank to convert a big credit card purchase into EMIs through multiple options – Internet Banking, Mobile App or Customer Service channel.
• eDGE Loyalty Rewards points for transactions and 500+ rewards and offers to redeem points. Earn points for these transactions:
• 2 points on every Rs. 200 spent on the credit card

Eligibility Criteria for Axis Bank Neo Credit Card

If you want to enjoy the above-mentioned attractive features on your next Axis Credit Card, you have to match the criteria as shown below:

• Primary cardholder between the age of 18 and 70 years
• Add-on cardholder should be over 15 years
• Individual should either be a Resident of India or Non-Resident Indian

Documents Required

Just like any other banking product, there is a certain eligibility criteria based on which the bank approves the card application. So, if you want to get this amazing card, you must have to make sure that you have all the below-given documents at the time of applying or verification process.

• PAN card photocopy or Form 60
• Colour photograph
• Latest payslip/Form 16/IT return copy as proof of income
• Residence proof (any one of the following):
  • Passport
  • Ration Card
  • Electricity bill
  • Landline telephone bill
• Identity proof (any one of the following):
  • Passport
  • Driving License
  • PAN Card
  • Aadhaar card

Fees & Charges

There are certain charges related to credit cards which are subject to change from one card to another. Talking about Neo credit card, the fees and charges involved are minimal you can have a look below at some of the main charges.

• Joining Fee- Rs.250 Waived upon spends of Rs.2500 in 45 days
• Annual Fee- Nil for first year and Rs. 250 from second year onwards.
• Add-on card joining fee – Nil
• Add-on card annual fee- Nil
• Card Replacement Fee(lost or stolen or re -issue) – Waived
• Cash Payment Fee – Rs. 100/-
• Duplicate statement fee- Waived
• Chargeslip Retrieval Fee or Copy Request Fee – Waived
• Outstation Cheque Fee – Waived
• Mobile alerts for transactions- Free
• Balance enquiry charges- Waived
• Finance Charges (Retail Purchases & Cash)- 3.25% per month(46.78% per annum)
• Cash Withdrawal Fees- 2.5% (Min. Rs 250) of the Cash Amount
• Overdue Penalty or Late Payment Fee –
  • Nil if Total Payment Due is upto Rs. 100
  • Rs. 100 if Total Payment Due is between Rs. 101 – Rs. 300
  • Rs. 300 if Total Payment Due is between Rs. 301 – Rs. 1000
  • Rs. 500 if Total Payment Due is between Rs. 1001 – Rs. 5000
  • Rs. 600 if Total Payment Due is between Rs. 5001 – Rs. 20000
  • Rs. 700 if Total Payment Due is Rs. 20001 and above
• Over Limit Penalty – 3% of the over limit amount (Min. Rs 500)
• 18% GST

How to apply online for Neo Credit Card

The application process to apply for this credit card is simple. You just have to visit the official website of Axis Bank and go to the ‘Apply Now’ section where you have to choose credit cards. The list of all cards will appear out of which you have to choose Neo credit card. There will be a small tab wherein you have to mention your basic contact details so that the Axis Bank representative can contact you.