Our Money Guide

Axis Ace Credit Card is a good entry level credit card. You earn 5% special cashback on various utility payments on the Google Pay App, 4% special cashback on specific food delivery partners (Zomato and Swiggy) and local transportation (Ola) purchases, and 1.50% cashback on all other purchases,

Cashback credit cards are popular since the benefits are easy to understand, they pay you back ₹, which are credited to your credit card statement.

Brief Summary

Our Rating
4.0 / 5

Our View :

Best for paying various kinds of bill payments , you get 5% cashback on utility bill payments, DTH & mobile recharge – on Google Pay App. You also get 4% cashback on Swiggy, Zomato & Ola. Maximum cashback in these 2 categories (5% & 4% cashback categories) is capped at ₹500 per month.

The card offers complimentary lounge access in India (4 times per year).

Axis Bank Ace Credit Card

on Axis Bank secure site

Axis Bank Ace Credit Card

Special Benefits

5% cashback on utility bill payments, DTH & mobile recharge – on Google Pay App

Other Benefits

4% cashback at Swiggy, Zomato & Ola

Minimum Income

Not specified

Annual Fee

₹ 499

Annual Fee Offers

Welcome offer worth ₹ 499

Renewal fee waived off at ₹2 lakhs annual card spend

Pros and Cons of Ace Credit Card

Pros

  • Good cashback rate of 5% on a variety of bill payments through Google Pay App (electricity, water, gas, LPG, broadband, DTH and mobile recharges)
  • 4% special cashback rate on specific food delivery & ridesharing purchases (Swiggy, Zomato and Ola).
  • Upto 4 free visits per calendar year, to airport lounges in India – which is not very common for entry level cards with similar low annual fee
  • Attractive dining program in partnership with EazyDiner

Cons

  • You would need to consider other cards to get higher rewards on your other large purchases like travel and shopping
  • The annual credit card spend requirement (₹2 lakhs)  to get waiver of renewal fees is high

Comparing with Competitor Fuel Credit Cards

Features
Axis Bank Ace Credit Card
Our Rating
       
APPLY NOW
Amazon Pay ICICI Bank Credit Card
Our Rating
       
APPLY NOW
Flipkart Axis Bank Credit Card
Our Rating
       
APPLY NOW
HDFC Millennia Credit Card
Our Rating
       
APPLY NOW
Cashback Rates 2% – 5%

1% – 3%

1.5% – 5%

1% – 5%

Other benefits Fuel Surcharge Waiver Fuel Surcharge Waiver Fuel Surcharge Waiver Fuel Surcharge Waiver
Annual Fee ₹499

No Annual Fees

₹500

₹1,000 + Applicable Taxes

Annual Fee Offers Annual Fee waived off on annual spends greater than ₹. 2,00,000 Annual Fee waived off on annual spends greater than ₹. 2,00,000 Annual Fee Reversal on meeting ₹1,00,000 spends
Minimum Income Not Specified

Not Specified

Not Specified

Not Specified

Axis Bank Ace Credit Card

Features & Benefits of the Axis Bank Ace Credit Card

5% cashback on various utility bill payments (through Google Pay app) || 4% cashback on Swiggy, Zomato & Ola payments – upto ₹500 cashback per month

1.50% cashback on all other purchases

You earn ₹1.50 as cashback, on every ₹100 you spend on all other card purchases. For example, if you make a purchase of ₹1000 on Amazon, you will get cashback of ₹15.

There are no monthly spending limits to earn this 1.50% cashback. Cashback will be paid towards your next monthly card bill , 3 days before the next monthly card bill is generated

Exceptions : No cashback is given on the following spends – fuel, rent, gold/jewelry, insurance, all EMI transactions including purchases converted to EMI post facto, wallet loads, cash advances, educational services, government services, payment to financial institutes, payment of outstanding balances, payment of card fees and other card charges.

Complimentary access to airport lounges in India – 4 times per year

Dining offers in partnership with EazyDiner (Dining Delights Program) : 15% discount (upto ₹500) once a month, at participating restaurants

Fuel surcharge waiver, upto ₹500 per month

Axis Bank 24/7 customer care support

Card Fees and Charges

Annual fee & annual fee related offers

Annual feeAnnual fee related offers
1st year joining fee₹499Welcome offer : Joining fee is reversed once you spend ₹10,000, within 45 days of card issuance date
Renewal fee from 2nd year onwards₹499Renewal fee offer : Renewal fee is not charged from the second year onwards, if you spend ₹2 lakhs or more in the previous year
(Rent transactions and wallet load transactions will not be considered as eligible spends , towards availing this annual fee waiver)

Hence the card is virtually free if you spend ₹2 lakhs or more each year.

Late payment fee

Please see below table

Pending card statement amountLate fee
Less than ₹500Nil
₹501 to ₹5000₹500
₹5001 to ₹10,000₹750
₹10,001 and above₹1200

Foreign currency markup fee : 3.5% of the transaction value.
Finance charges : 3.6% per month

Please note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – Axis Bank Ace Card Fees & Charges

Eligibility Criteria

Although your credit card eligibility is based on multiple parameters which can be assessed once you apply for an Axis Bank Ace Credit Card, there are certain basic criteria that all applicants must fulfil.

Minimum age18 years
Maximum age70 years
Minimum incomeNot specified, should have stable income
Other criteria– Good credit score, preferably over 750
– The individual should be a resident of India

Application Process

Step-by-step guide to applying for the card

Online application process 
The easiest way is to click here – APPLY NOW , you shall be taken to the card application page on the Axis Bank website. You can also visit official website of the bank and fill out the application form.

The bank’s website and mobile app offer a user-friendly interface that makes the application process quick and easy
To apply, simply provide your personal details such as your mobile phone number, income, PAN number, along with the required documents
If you are a new customer, the card limit will be fixed based on your income.
Offline (face to face)  application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process. To find the branch nearest to you, visit here.

Necessary documents and verification

Required documents 
– PAN card photocopy
– Colour photograph
– Income proof : Latest payslip/Form 16/IT return copy
– Residence proof (any one of the following) : Passport , ration card, electricity bill, landline telephone bill
– Identity proof (any one of the following) : Passport, driving license, PAN card, Aadhaar card

Please note that this list is only indicative. Documents required may vary on a case-to-case basis.

Conclusion

As you can see, your personal circumstances would dictate the best credit card for you. Axis Bank Ace Credit card is a great all round cashback card option, which also offers attractive rewards on bill payments on Google Pay App, and certain food delivery & local transport purchases.

Apply Now

on Axis Bank secure site

Frequently Asked Questions

What are the bonus rewards offered by the Axis Bank Ace Credit Card?

Axis Ace Credit Card offers bonus rewards (5% cashback) on various types of bill payments, DTH & mobile recharges on Google Pay App. It also offers bonus rewards (4% cashback) on certain food delivery (Zomato & Swiggy) & local transport purchases (Ola). Total cashback is however capped at ₹500 per month.

Can I use the Axis Bank Ace Credit Card for international transactions?

Yes, you can use your Axis Ace Credit Card for international transactions. However, please note that their is a foreign currency transaction fees of 3.5% on transaction value.

What are the fees and charges associated with the Axis Bank Ace Credit Card?

Important fees and charges associated with the Axis Ace Credit Card are – annual fee, interest charges on outstanding balances, late payment fees, cash withdrawal fees, and foreign currency transaction fees, if applicable. To know more about specific fees and charges for Axis Bank Ace Credit Card, please check out the above mentioned post or visit the Axis Bank website.

What are the cashback rewards offered by the Axis Bank Ace Credit Card?

The Axis Ace Credit Card offers a range of cashback rewards – 5% cashback on various types of bill payments, DTH & mobile recharges on Google Pay App, 4% cashback on certain food delivery & local transport purchases (Zomato, Swiggy & Ola), and 2% unlimited cashback on all other purchase transactions.