Axis Bank Neo vs Flipkart Axis Bank Credit Card

The Axis Bank Neo Credit Card is an introductory-level credit card designed for customers who regularly use their credit cards for shopping. It caters to individuals who frequently make purchases and offers various discounts and benefits when shopping on platforms like Zomato, Grofers, and Myntra. Apart from the advantages for shopping, this credit card offers additional benefits related to entertainment.

Featuring substantial discounts in both entertainment and shopping categories, this card is an ideal choice for avid online shoppers. On a different note, the Flipkart Axis Bank Credit Card is a collaborative effort between Axis Bank and Flipkart, presenting a competitive alternative to the Amazon Pay ICICI Credit Card. This co-branded card offers attractive cashback incentives for online shopping on Flipkart and Myntra, with decent cashback opportunities for other online and offline expenditures. It specifically targets individuals who frequently make purchases on Myntra, providing them with cashback benefits.

Features and Benefits of Axis Bank Neo Credit Card and Flipkart Axis Bank Credit Card

Axis Bank Neo Credit Card:

1. Rewards and Discounts:
   • Offers exclusive rewards and discounts, making it a preferred choice for online shoppers.
   • Earn EDGE REWARDS for every Rs. 200 spent, redeemable on the Edge Rewards Website.
2. Joining Fee and Welcome Gift:
   • Nominal joining fee of Rs. 250.
   • Receive a welcome gift of an Amazon voucher worth Rs. 250.
3. Complimentary Subscriptions:
   • 6 months subscription to 1mg.
   • 6 months complimentary Grofers membership.
   • Complimentary 3-month Zomato Pro membership.
4. Additional Benefits:
   • 40% discount on Zomato orders above Rs. 200 (twice a month, max Rs. 120 per order).
   • 15% off on dining bills at partner restaurants.
   • 10% off on Grofers (once a month, min. Rs. 750 purchase, max discount Rs. 250).
   • 10% off on Myntra (min. Rs. 500 purchase).
   • 10% off on BookMyShow for movie tickets (max Rs. 100 per month).
5. Fuel Surcharge Waiver:
   • 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000 (max Rs. 400 per month).
6. Cashback:
   • 1% cashback on utility bills and mobile/DTH recharge via Paytm (max Rs. 150 per month).
7. EDGE REWARDS Redemption:
   • RRedeem your accrued EDGE REWARDS points for a wide array of products and vouchers available on the Edge Rewards Website.

Flipkart Axis Bank Credit Card:

1. Cashback and Welcome Benefits:
   • Designed to compete with Amazon Pay ICICI Credit Card.
   • Joining fee of Rs. 500 with welcome benefits worth Rs. 1,100.
   • Enjoy exclusive perks such as Gaana Plus membership, cashback on Myntra, and special discounts on Plum Goodness and The Phy Life products.
2. Shopping Cashback:
   • 5% cashback on Flipkart and Myntra.
3. Preferred Partnered Brands:
   • 4% cashback on partnered brands like Swiggy, Uber, PVR, and cure.fit.
4. General Cashback:
   • 1.5% cashback on all other online and offline spends (excluding fuel, EMI, wallet, and gift vouchers).
5. Dining Discounts:
   • Up to 20% off on dining bills through the Axis Bank dining delights program at partner restaurants.
6. Accelerated Cashback:
   • 4% cashback on PVR Tickets and Uber Rides.
7. Lounge Access:
   • Enjoy four annual opportunities for complimentary access to domestic lounges at specified airports across India.
8. Fuel Surcharge Waiver:
   • 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000 at all fuel stations (max Rs. 400 per month).

Comparison between Axis Bank Neo Credit Card and Flipkart Axis Bank Credit Card

Axis Bank Neo Credit Card:

1. Reward Rate:
   • 1 EDGE REWARD for every Rs. 200 spent
   • 1% cashback on utility bill payments and mobile/DTH recharge through Paytm application
   • 5% cashback on Flipkart and Myntra
   • 4% cashback on Swiggy, Uber, PVR, and cure.fit
   • 1.5% cashback on all other online and offline spends
2. Reward Redemption:
   • Exchange your credits for merchandise and vouchers on the Edge Rewards Website, where 1 Edge Reward equals Rs. 0.20.
3. Fuel Surcharge Waiver:
   • 1%, capped at Rs. 400 per month
4. Welcome Benefits:
   • Amazon vouchers and subscriptions of Zomato Pro, Grofers, and 1mg
5. Lounge Visits:
   • Not applicable
6. Dining Benefits:
   • Up to 15% off at partnered restaurants
7. Membership Fee:
   • Rs. 250 + GST
8. Renewal Fees:
   • Rs. 250 + GST
9. Eligibility:
   • Given to either an employee receiving a regular salary or a person working for themselves.
   • Applicant age: 18 to 70 years
   • Stable source of income required

Flipkart Axis Bank Credit Card:

1. Reward Rate:
   • 1% cashback on utility bill payments and mobile/DTH recharge through Paytm application
   • 5% cashback on Flipkart and Myntra
   • 4% cashback on Swiggy, Uber, PVR, and cure.fit
   • 1.5% cashback on all other online and offline spends
2. Reward Redemption:
   • Not applicable
3. Fuel Surcharge Waiver:
   • 1%, limited to Rs. 400 per month
4. Welcome Benefits:
   • Welcome benefits worth Rs. 1,100 from Gaana, Myntra, Plum Goodness, and The Phy Life
5. Lounge Visits:
   • You’ll receive four annual passes granting access to domestic lounges at specified airports across India.
6. Dining Benefits:
   • Up to 20% off at partnered restaurants
7. Membership Fee:
   • Rs. 500 + Taxes
8. Renewal Fees:
   • Rs. 500 + Taxes
9. Eligibility:
   • Provided to individuals who are either employed on a salary basis or work for themselves.
   • Applicant age: Above 18 years
   • Minimum salary of Rs. 15,000 per month (salaried) or minimum income of Rs. 30,000 per month (self-employed)

Which credit card suits you best?

• Card Types:
  • The Axis Bank Neo Credit Card and the Flipkart Axis Bank Credit Card stand out as notable credit card options.
• Fees:
  • Both cards have reasonable joining and renewal fees.
  • Axis Bank Neo Credit Card has a joining fee of Rs. 250, while Flipkart Axis Bank Credit Card’s joining fee is Rs. 500.
• Cashback and Offers:
  • Despite the fees, both cards offer attractive cashback and benefits.
• Axis Bank Neo Credit Card Features:
  • Earn EDGE REWARDS with every transaction, which can be redeemed through the dedicated Edge Rewards Website.
  • Discounts available for dining, movies, online food orders, groceries, etc.
• Flipkart Axis Bank Credit Card Features:
  • Offers welcome benefits and discounts for shopping on Flipkart and Myntra.
  • Grants entry to domestic lounges, advantageous for those who frequently travel within the country.
• Conclusion:
  • Both cards are decent within their respective ranges.
  • Decisions should stem from the unique requirements and expenditure habits of each person.

Frequently Asked Questions (FAQs)

1. What are the key differences between Axis Bank Neo Credit Card and Flipkart Axis Bank Credit Card?
   • The primary differences can be found in their characteristics, advantages, and the fees they entail.
2. How much is the joining fee for Axis Bank Neo Credit Card and Flipkart Axis Bank Credit Card?
   • Axis Bank Neo Credit Card has a joining fee of Rs. 250, while Flipkart Axis Bank Credit Card’s joining fee is Rs. 500.
3. What rewards does Axis Bank Neo Credit Card offer?
   • The Axis Bank Neo Credit Card offers Edge Rewards for every transaction made, which can be redeemed through the Edge Rewards Website.
4. What benefits come with Flipkart Axis Bank Credit Card for online shoppers?
   • Flipkart Axis Bank Credit Card offers welcome benefits and exclusive discounts for shopping on Flipkart and Myntra.
5. Do both cards have renewal fees, and if so, how much are they?
   • Certainly! Both cards require renewal fees, though the exact amounts might differ. It’s advisable to review the most up-to-date terms and conditions to confirm the current fees.
6. Are there any additional discounts provided by Axis Bank Neo Credit Card?
   • Yes, Axis Bank Neo Credit Card offers discounts across various categories such as dining, movies, online food orders, and groceries.
7. What is the advantage of Flipkart Axis Bank Credit Card for frequent domestic travelers?
   • Flipkart Axis Bank Credit Card provides access to domestic lounges, making it beneficial for those who frequently travel within the country.
8. Can the EDGE REWARDS from Axis Bank Neo Credit Card be used for any purpose?
   • EDGE REWARDS earned from Axis Bank Neo Credit Card can be redeemed on the Edge Rewards Website for a variety of options.
9. Which card is more suitable for someone with a specific spending pattern?
   • The choice between the two cards depends on individual needs and spending habits, as each card offers unique benefits.
10. How can one apply for Axis Bank Neo Credit Card or Flipkart Axis Bank Credit Card?
    • You have two options to submit your application: either online via the official Axis Bank website or by visiting a nearby Axis Bank branch. Make sure to check and meet the eligibility requirements before you apply.