Axis Bank Neo Credit Card - Review

I was holding an Axis Bank My Choice Credit Card, and out of nowhere, I received an SMS stating that my new Axis Bank Credit Card has been dispatched. I had made no calls or requests for any such new credit card or any replacement or upgrades. Anyway, I ignored it as I would know about it when it arrives. Today I received the envelope, and it is the Axis Bank's Neo Credit Card. Not sure why 'Neo' replaced 'My Choice,' but it hardly matters as I wasn't a fan of my Axis Bank My Choice Credit Card either. Nowadays, I' busy using Axis Bank Flipkart Credit Card & and Axis Bank Privilege Credit Card.

Here's what Axis Bank Neo CC has to offer:

⦁ Welcome gift
⧿ Get Amazon EGV worth INR 250
- EGV will be sent through SMS/Email once you have made the first transaction
- 1st purchase transaction to be done within 30 days of card issuance/setup date
⧿ Get BookMyShow voucher worth INR 300
-Will be delivered to you within 60 days of the card issuance through Email/SMS

⧿ Though not mentioned in the Axis Bank website, as on 14th September'19, the welcome kit also contains a Jabong Voucher worth INR 500

⦁ Discounts at selected merchants

Myntra

- 10% off on a min spend of Rs 500 on select styles on Myntra
- Use code AXISNEOTEN and checkout with your Axis Neo CC to avail the discount
- Maximum discounts, i.e., product discount and coupon discount, are subjected to product level cap enforced by seller

BookMyShow

- Get10% off every time you book movie tickets through BookMyShow
- Each customer can get a maximum discount of Rs 50 per month

RedBus

- 10% off every time you book bus tickets through redBus
- Maximum discount capped at Rs 100

Freecharge

- Get 10% cashback on mobile recharge/bill payments through Freecharge Mobile App
- Maximum cashback of Rs.30 will be given out per transaction per month
- Cashback will be in the form of freecharge Balance post successful transaction


⦁ Reward Points
- Get 2 eDGE Reward Point per Rs 200 spent on the card
- You can redeem the RPs from a host of options by clicking here


⦁ Other Benefits
- Zero card lost liability
- EMI conversion on amount > INR 2500
- 15% discount on partner restaurants listed here

⦁ Card Fee
- Joining Fee - Rs 250 + Applicable Taxes
(Waived off upon spends of Rs 2500 in 45 days)
- ⦁ Annual Fee - Rs 250 + Applicable Taxes

The Axis Bank Neo Credit Card is best suited for the beginners and is almost at par with other entry-level credit cards. What it lacks is that it won't facilitate one's entry to airport lounges. I suppose Axis Bank could have kept the annual fee near about Rs 599 and added some lounge accesses to it. However, Considering the activation benefits and a meagre yearly fee, the card doesn't disappoint.

Thanks for reading!