By:OurMoneyGuide|| Last updated on: July 18, 2024

Axis Ace Credit Card is a good credit card for bill payments and other day-to-day expenses. You earn 5% special cashback on various utility payments on the Google Pay App, 4% special cashback on specific dining 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

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).

Pros & Cons of Axis Bank Ace Credit Card


  • 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


  • 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

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

You earn ₹5 as cashback, on every ₹100 you spend on monthly bill payments (electricity, water, gas, LPG, broadband), DTH and mobile recharges through Google Pay. This benefit is available only for Android users on Google Pay App.

You earn ₹4 as cashback, on every ₹100 you spend at Swiggy, Zomato & Ola. This is valid on the website as well as mobile application of Swiggy, Zomato and Ola.

The maximum cashback that you can earn in the 5% & 4% cashback categories, is limited to ₹500 per month. So you can spend between ₹10,000 – ₹12,250 per month in the these 2 cashback categories and get special cashback benefits. For example, if you use your card to make only utility bill payments on Google Pay, then you will get 5% cashback on maximum bill payments of ₹10000 per month, since the maximum cashback is restricted to ₹500 per monthly card statement cycle in this category.

Cashback will be paid towards your next monthly credit card bill, 3 days before the next monthly card bill is generated

Rewards on particular purchase categories is governed by MCC codes, meaning how the merchants are registered with various payment networks like Visa, Mastercard etc . Cashback for transactions in the 5% and 4% categories will be calculated based on Merchant IDs (MIDs) shared by the merchants.

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.

Please click here for full details – Axis Ace terms and conditions

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

You get free visits to domestic airport lounges, 4 times per year. For list of lounges and more details, please click here – Axis Ace Airport Lounges List

To access complimentary lounge from 1st May 2024 onwards, you need to have spent a minimum of ₹50,000 on your credit card in the previous 3 months. 

In case of a newly issued card, the minimum spend criteria is waived for the month of card issuance as well as for the following three months. For example, if card issuance date is 20th March 2024, you will be able to access lounge for the period 20th March to 30th June 2024, without any minimum spend requirement. But if you want to avail lounge access after this period (in this case July 2024), then you will be able to do so only by spending ₹50,000 from 1st April to 30th June 2024 (preceding 3 months).

Dining Delights Program : Dining discounts at restaurants through EazyDiner, upto ₹500 per month

  • 15% discount on restaurant transactions between ₹2500 and ₹3333 (maximum discount of ₹500 per transaction, minimum transaction amount of ₹2500). On transactions above ₹3333, your discount percentage will fall below 15%. On transactions below ₹2500, no discount is given.
  • For example, if your order amount is ₹5000, you will get a maximum discount of ₹500 and your discount percentage would be 10%. And if your order amount is ₹1800, you get no discount since the minimum order value to avail the discount is ₹2500.
  • Offer valid 1 time per month
  • Restaurant bill need to be paid through the EazyDiner app (PayEazy)

For more details, including how to avail the offer, please click here.

Partner offers from Axis Bank – cashback & discount offers at partners || discount offers on gift vouchers

Axis Bank has exclusive partnerships with a variety of partners, and offers cashback and discount offers. Please find below details-

Type of dealDetails
Cashback offers (upto ₹1000 per month) at a variety of partners – on Axis Grab Deals platform 

Grab Deals is Axis Bank’s shopping portal that allows you to shop from your favourite brands and save while doing so. Grab Deals provides the list of partners where you can avail exclusive offers / cashbacks for purchases through your Axis Bank Credit and Debit Cards.

✓ Please click here for latest offers.

✓ Limits & restrictions : You can earn a maximum cashack of ₹1000 per month, and will be paid within 90-120 days of the transaction

✓ Important points to note-
– Only cashback (CB) offers given on this page are applicable. Reward point (RP) offers are applicable on other Axis cards which offer EDGE reward points
– You will be redirected to the respective merchant, after you click on the respective merchant offer. You need to authenticate your Axis Bank Credit Card, and use the same card for payment at the merchant.
- Cashback will NOT be applicable on items that were already in your shopping cart (added during a previous online session). Items need to be added to your shopping cart after landing from the Axis Bank Grab Deals platform only
Cashback and discount offers

✓ Please click here for latest offers.

✓ Limits & restrictions : Please note the offers conditions mentioned against each offer
Voucher discounts on select gift vouchers

✓ Please click here for latest offers.

✓ Limits & restrictions : Please note the offers conditions mentioned against each gift voucher offer, some gift vouchers can have a maximum monthly purchase restriction. Please click here for more details.

✓ Important points to note-
– Only discounts on vouchers given on this page are applicable.
– Reward point multiplier offers are applicable on other Axis cards which offer EDGE reward points.

Fuel surcharge waiver, upto ₹500 per month

You get a 1% fuel surcharge waiver, only on fuel transactions between ₹400 and ₹4000. And on fuel purchases upto ₹50,000 per month, since the maximum waiver amount is restricted to ₹500 per monthly card statement cycle.

Axis Bank 24/7 customer care support

Please click here for all the options to contact the bank for various issues and escalations.

Axis Bank Ace Credit 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 amount
Late fee
Less than ₹500
₹501 to ₹5000
₹5001 to ₹10,000
₹10,001 and above

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 age
18 years
Maximum age
70 years
Minimum income
Not 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.


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.