If you are a looking for a credit card that’s going to give you some great perks, an Axis Bank Credit Card might be right for you. There are a ton of options our there on the credit card market, so the real choice comes down to you and not the credit card companies.
Before you apply for a credit card, sit yourself down with a notebook and pencil. Write down what your financial goals are and what you need help with. Now write out what help you would like from your next credit card. If you have the financial capacity to pay for all your purchase every month, then rewards and cash back might be what you are after.
If you are in a pinch, then you need low interest rates so you don’t get a major hit when you don’t pay back the full amount at the end of the month. There is no reason to settle for any kind of card unless you are sure it is going to meet your needs. Our editors have gone into the Axix Bank Neo Credit Card. The details provided will help you make a more informed choice on whether or not this card deserves a place in your wallet.
What are the Features of the Axis Bank Credit Card?
Axis Bank offers a variety of credit cards for different individuals’ needs and lifestyle. To understand what perks and benefits come with this card, we’re going to look closely at the Axis Bank Neo Credit Card.
Just like any other credit cards, you can do almost anything with the Neo Credit Card. Shop ‘til you drop here and abroad, dine in restaurants, book flights, stay at hotels, pay for fuel and groceries. Even without cash, you can still enjoy life with a swipe of a card.
What makes this card valuable is the perks that come with it. You can get a 10% cashback on move ticket purchases, online shopping and more. Get discounts on Amazon, BookMyShow and Jabong on spends on their websites. This is perfect if you’re always on the go for new products and gadgets online.
Got a pretty tough month? Don’t worry, you can convert your purchases to EMI and pay for small amounts for a specific time. May it be 3 months, 6 months or 12 months, you can definitely pay for the borrowed amount. Take note, expect a zero or minimum interest for these transactions. This credit card is also powered by Visa, giving you access to discounts on car rental, resorts, restaurants and more!
What are the Fees of an Axis Bank Neo Credit Card?
With the perks this credit card can give, you must still pay for your balances on time to avoid accumulating massive interest charge. Expect to pay Rs 250 for the joining fee and another Rs 250 for the annual fee.
For a cash advance, you are charged 3% of each advance and Rs 100 to 700 for the late payment fee. If you won’t pay your balances in full and on time, you will be charged 3.25% Hointerest. There are a benefits and things you need to be wary of when you tabulate whether this card is right for you. If you think the Axis Bank Neo Credit Card deserves your patronage then you can move on to the next section to discover how to apply and become a member.
How to Apply for an Axis Bank Neo Credit Card
To apply for this card, simply visit the website of Axis Bank and click on Apply Now. Fill out the form and provide your personal details and annual income. Note that for your application to be successful, you must be at least 18 years old and an Indian resident.
Key documents to provide include PAN card photocopy or Form 60, colour photograph, latest payslip, residence proof and passport. Note that approval will be communicated within 21 days.
Note that for the credit limit, the bank will set an amount that’s manageable for you. The limit will be between Rs 1,000 to Rs 10,000 or higher.
How to Contact
Wadia International Centre,
Mumbai, Maharashtra 400025
Telephone: 00 91 22 6798 7700
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.