Axis Neo cashback rate, cap and annual fee
Axis Neo pays 0.1% on everything, as a base rate. The card costs INR 250 a year.
Axis Bank · India · catalogue v101
Read from Axis Bank's own published terms on 20 Sep 2026.
INR 250Annual fee
0.1%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| everything else | 0.10% | —One EDGE REWARD Point per ₹200 on everything. That is the entire earn rate on this card. |
Read the value chart on Axis's own page before this card goes in a wallet. It totals ₹9,000 a year of benefit, and ₹120 of that is the reward rate — one EDGE REWARD Point per ₹200, worth 0.1% once the point is priced at Axis's own ₹0.20. The other ₹8,880 is coupon codes: AXISNEO on Zomato, AXISNEO on Paytm bill payments, CTAXISNEO on Cleartrip, and capped discounts on Blinkit, BookMyShow and Myntra, each with a minimum order and most usable once or twice a month. Those are real money for somebody who will type a code every time and nothing at all for somebody who will not, so none of them is recorded as an earn rate here. Free in year one, ₹250 after, and free for life through some channels. Source: axisbank.com product page, checked 20 Sep 2026.
Questions people ask
What cashback does the Axis Neo pay?
0.1% on everything, as a base rate.
Is there a cap on the Axis Neo?
No monthly cap is published on the rates shown here.
What is the annual fee on the Axis Neo?
INR 250 a year.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. It works offline and never connects to a bank.
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