Axis Bank ACE Credit Card
The Axis Bank ACE Credit Card works with Google Pay and Visa to give you 5% cashback when you pay utility bills such as electricity, gas, water, and internet using the Google Pay app. You also get 4% cashback when you use apps like Swiggy, Zomato, and Ola for your spending. This card is ideal for young professionals new to credit cards and comes with extra perks like free access to domestic airport lounges and a 20% discount at over 4,000 partner restaurants.
The Axis Bank ACE Credit Card is a great choice for those who want cashback on everyday spending. You get 5% cashback when you pay bills and 4% on services like Swiggy and Zomato. For all other purchases, you earn 1.5% cashback. The card comes with a joining fee of ₹499, but this fee is not charged if you spend more than ₹10,000 within the first 45 days. Check out our full review for complete details!
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
Axis Bank ACE Credit Card: Features & Benefits, Fees, and Review
The Axis Bank ACE Credit Card is one of the most popular cashback credit cards in India, mainly because it offers strong value on daily expenses such as bill payments, food deliveries, ride bookings, and more. Its cashback structure is simple, the annual fee is affordable, and the rewards are useful for most households. Whether you are a first-time credit card user or someone looking for a rewarding second card, the ACE Credit Card fits well in both cases.
Overview of the Axis Bank ACE Credit Card
The ACE Credit Card is designed for people who want guaranteed cashback rather than complex reward points. It gives 5 percent cashback on bill payments through Google Pay, 4 percent cashback on food delivery and ride bookings, and 1.5 percent cashback on all other eligible spends. Users also get complimentary domestic airport lounge access, dining discounts, and fuel surcharge waiver, making it a value-packed credit card for everyday use.
Cashback Benefits
Cashback is the main reason why most users choose the Axis Bank ACE Credit Card. The cashback program is all-utility focused, simple to understand, and relevant for regular monthly expenses.
- You earn 5 percent cashback on utility bill payments, DTH and mobile recharges, gas bills, broadband bills, and water bills, but only when the transaction is made through Google Pay using the ACE card.
- You get 4 percent cashback on Swiggy, Zomato, and Ola spends.
- These two categories have a maximum combined cashback limit of Rs. 500 per month.
- On all other transactions (except excluded categories), you receive 1.5 percent unlimited cashback.
Travel Benefits
One of the most valuable travel perks offered by the Axis Bank ACE Credit Card is four complimentary domestic airport lounge accesses per year. This benefit is uncommon among entry-level cards with similar fees. Lounge access can make travel much more comfortable, especially for frequent or occasional flyers. Along with this, users also enjoy 4 percent cashback on Ola rides, which helps reduce daily commute costs.
Dining Benefits
Dining is another strong benefit for ACE cardholders. Under Axis Bank’s Dining Delights program, you get up to 15 percent discount at more than 4,000 restaurants across India. For users who frequently order food online, the 4 percent cashback on Swiggy and Zomato also contributes to noticeable savings every month.
Fuel Surcharge Waiver
This card does not give cashback on fuel purchases, but you get a 1 percent fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000 at any fuel station in India. The maximum waiver available per billing cycle is Rs. 500. This benefit ensures that fuel expenses become slightly lighter, even without cashback.
Fee Waivers Based on Spend
The Axis Bank ACE Credit Card comes with a joining fee of Rs. 499, but this fee is reversed if you spend Rs. 10,000 within 45 days of issuing your card. From the second year onwards, the annual fee is waived if you spend Rs. 2,00,000 in the previous year. These spend conditions are realistic for many users, making the card practically free for regular spenders.
Fees and Charges
The ACE card is simple in terms of charges. The joining and annual fee is Rs. 499. If you do not clear your outstanding amount on time, an interest rate of 3.75 percent per month (55.55 percent annually) applies. Cash withdrawals from ATMs attract a fee of 2.5 percent of the withdrawn amount, subject to a minimum of Rs. 500. A 3.5 percent forex mark-up fee is charged on international transactions. Card replacement is free of charge in case you lose or misplace your card.
Axis Bank ACE Credit Card Eligibility Criteria
To apply for the Axis Bank ACE Credit Card, you must be between 18 and 70 years of age. You must also be a resident of India and have a stable income. While Axis Bank does not disclose a fixed income requirement, having a good credit score and steady earnings improves your chances of approval.
Who Should Apply for the ACE Credit Card
The ACE Credit Card is ideal for individuals who want a simple cashback card without confusing reward points. You should consider applying if:
- You regularly pay bills through Google Pay.
- You frequently order food through Swiggy or Zomato.
- You travel occasionally and need domestic lounge access.
- You want a low-cost credit card with practical, everyday value.
- You prefer unlimited cashback on general spending.
For users who are new to credit cards, the ACE Credit Card also works well as a first card because of its simple structure.
Who Should Avoid This Card
This card may not be suitable if:
- You do not use Google Pay for bill payments.
- You rely on an iPhone only, as cashback benefits work best with Google Pay.
- You make frequent EMI-based purchases, as EMI transactions do not earn cashback.
- You want high fuel cashback, which this card does not offer.
Credit Limit
The credit limit offered on the ACE card varies based on your income, credit score, relationship with Axis Bank, and repayment ability. Users with higher credit scores and stable income usually receive higher limits. You can also request a credit limit increase after a few months of responsible usage.
How to Apply
You can easily apply for the Axis Bank ACE Credit Card online. Select the card, fill out the application form, and upload identity proof, address proof, and income proof such as salary slips or ITR documents. Existing Axis Bank customers usually experience quicker approvals.
Axis Bank ACE Credit Card Review
The Axis Bank ACE Credit Card is one of the best cashback cards in India for everyday use. Its 5 percent and 4 percent cashback categories cover essential services, the unlimited 1.5 percent cashback adds consistent value, and the airport lounge access and dining discounts make it even more rewarding. For users looking for a simple, affordable, and high-value credit card, the ACE Credit Card is a strong and reliable choice.
What should I do to get a new ACE credit card if my current one is damaged?
You can replace your card by using net banking, calling customer service, or visiting the nearest Axis Bank branch.
Is there a fuel cost waiver available with the Axis Bank ACE Credit Card?
Yes, you get 1% off on fuel charges at petrol pumps across India.
How can I get in touch with Axis ACE credit card customer care?
You can reach customer care at:
- 1860-419-5555 for retail banking
- 1860-500-5555 for corporate banking
Does the Axis Bank ACE Credit Card offer a fuel surcharge waiver?
Yes, you get 1% of the fuel surcharge back when you buy fuel in India.
Does Axis Bank offer discounts at restaurants like KFC?
Yes, you get discounts at partner restaurants including franchises like KFC, TGI Fridays, Tossin Pizza, and others.
Do you get cashback on everything you buy with the Axis ACE Credit Card?
No, some transactions like fuel purchases, EMI transactions, and wallet loading do not qualify for cashback.
What dining benefits does the Axis Bank ACE Credit Card provide?
You can get up to 20% off on dining bills at over 4,000 partner restaurants in India and discounts on food delivery apps.
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