Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
After the launch of the Neo Credit Card, here’s yet another card from Axis Bank - the Axis Bank Instant Neo Credit Card. From a range of exciting benefits like multiple welcome gift vouchers and cashback offers to easy EMI options and reward points, the card is heavily loaded with attractive features. It can be used for any kind of domestic transaction and you get the privilege of enjoying year-long offers across various types of expenditures.
Welcome vouchers
Any sort of domestic transaction: The Axis Bank Instant Neo Credit Card can be used at every type of domestic Point of Sale (PoS) terminals or online shopping sites.
Cashback offer: Selected Axis Bank credit card users get Rs.500 cashback on their first transaction with the Axis Bank Instant Neo Credit Card. The minimum transaction amount should be Rs.500 and it should be carried out within the first 15 days of the card issuance.
This offers is only for selected customers who have received a formal communication regarding the same via SMS from Axis Bank.
eDGE Loyalty Rewards: For every Rs.200 spent on the Axis Bank Instant Neo Credit Card, you earn 8 reward points. The accumulated points can be redeemed against over 500 rewards and offers listed in Axis Bank's rewards catalogue.
Purchases to EMI conversion: Any transaction over Rs.2,500 can be converted into EMIs through options like customer service channel, mobile app, and internet banking. You can also enjoy interest rates that are lower than the usual rates. You get the liberty of converting your transactions into EMIs of 6, 9, 12, 18, or 24 months.
Enjoy 10% off whenever you:
| Type of Charge | Fee |
|---|---|
|
Joining fee |
Nil |
|
Annual fee |
Nil |
|
Credit card blocking charges |
Nil |
|
Mobile alerts fee |
Nil |
|
Balance enquiry charges |
Nil |
|
Over-limit penalty |
3% of the over-limit amount or Rs.500, whichever is higher. |
|
Late payment fee or overdue penalty |
If the outstanding amount is Up to Rs.100 – NIL From Rs.101 to Rs.300 – Rs.100 From Rs.301 to Rs.1,000 – Rs.300 From Rs.1,001 to Rs.5,000 – Rs.500 From Rs.5,001 to Rs.20,000 – Rs.600 Rs.20,001 and above – Rs.700 |
You are eligible to apply for Axis Instant Neo Credit card if you fulfil each of the following conditions.
Following is the usual list of necessary documents required to apply for a credit card. In certain cases, additional documents may be required by the bank.
The HELLO-EMI facility offered by Axis Bank allows you to easily convert every purchase of Rs.2,500 and above made through your Axis Bank Instant Neo Credit Card into EMI within 60 days of the purchase through any of the following ways.
The Axis Bank Instant Neo Credit Card offers the 6, 9, 12, 18, and 24 months EMI plans to you.
The EMI per Rs.1,000 for these tenures are
You will be charged Rs.150 or 1.5% of the amount (whichever is higher) as a one-time fee for EMI conversion.
Yes, you can use your Axis Bank Instant Neo Credit Card both in India as well as abroad. However, you wouldn’t be able to make foreign currency transactions in Bhutan and Nepal.
You can withdraw cash from ATMs in India or abroad using your Axis Bank Instant Neo Credit Card as per your usage selected preference while applying for the card. You will be charged a cash withdrawal fee which would reflect on your next statement.
No, if you avail the EMI facility, the reward points for that particular transaction will be reversed.
There are several methods available to Axis Bank Instant Neo Credit Card users to make payments towards their card account. These are cash, cheque or draft, internet payment, click to Pay/ VMT/ NEFT, AMTs, IMPs, and auto-debit.
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