Axis Bank

Axis Bank Ace Credit Card

4.50/5
Regular
Cashback

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Axis Bank

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The Axis Bank Ace Credit Card is a good option for earning rewards on various spending categories, including utility bills, food delivery, and transportation. It offers a flat 1.5% cashback rate on all online and offline transactions, with no maximum cap. The card also provides a 5% cashback rate on bill payments through Google Pay and 4% cashback on Ola, Zomato, and Swiggy.

Axis Bank Ace Credit Card

Key Benefits

The Axis Bank Ace Credit Card offers a range of features that cater to the needs of discerning individuals.

welcome bonus
  • N/A
fuel surcharge waiver
  • A 1% fuel surcharge is waived at all fuel stations throughout the nation.
  • The maximum waiver amount is ₹500 per month.
  • Valid on transactions between ₹400 to ₹4000.
dining benefit
  • 15% discount on dining bills under the Dining Delight Program, at over 4000 restaurants.
  • 4% cashback on Swiggy and Zomato.
zero lost card liability
  • N/A
interest free credit period
  • Up to 50 days of interest free period
revolving credit
  • Available at a nominal interest rate
travel benefit
  • 4 airport lounge visits every year at certain domestic airports.
  • 4% cashback on Ola rides.
insurance benefit
  • N/A
golf
  • N/A

Key Rewards

The Axis Bank Ace Credit Card offers a range of rewards.

reward points

  • 5% cashback on bill payments via Google Pay towards DTH, internet, electricity, gas, etc max ₹500
  • 1.5% cashback on other spends

reward redemption

  • Cashback in your card statement

reward validity

  • Cashback in your card statement

other spend includes

  • N/A

other spend excludes

  • Insurance
  • Govt Related transactions
  • Cash Advances
  • Gold
  • Fuel
  • EMI
  • Wallet transactions

Fees and Charges

The Axis Bank Ace Credit Card comes with a range of fees and charges that you should be aware of.

joining fee
₹499
annual fee
₹499
joining fee waiver
N/A
annual fee waiver
Spend ₹2,00,000 or more in a year and get your renewal fee waived off excluding rent and wallet loading.
annual interest rate
52.86%
add on card fee
Free
minimum repayment amount
5%
cash withdrawal fee
2.50%
cash advance limit
40%
card replacement fee
Free
foreign transaction fee
3.50%
over limit penalty
2.50%
Loundge

The Axis Bank Ace Credit Card offers below loundge benefit.

domestic lounge
4 per year, when you spend minimum ₹50000 in last three months only then you get lounge access
international lounge
N/A
railway lounge
N/A
Eligibility and Documents Required

To apply for the Axis Bank Ace Credit Card, you need to meet the following eligibility criteria and you will need following documents.

Eligibility Criteria

Resident: Indian
Age: 18 to 70 years
Occupation: Steady source of income
Income: steady income along with a decent credit score

Documents Required

proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
proof of address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
proof of income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.

Axis Bank Ace Credit Card Rating

Charges
4.5/5
Rewards
4.5/5
Customer Service
4.5/5

Our Review For Axis Bank Ace Credit Card

The Axis Bank Ace Credit Card's main benefits are 5% cashback on utility bills and base reward rate of 1.5%. It also 4% cashback on Ola, Zomato, and Swiggy.
However, the cashback is capped at ₹500 per month for the 4% and 5% cashback categories. Also there are other better cards like SBI Cashback Credit Card, HDFC Millennia Credit Card which offeres better cashback. you can take this card only if you want higher base reward rate of 1.5%
Pros
  • 5% cash back on Google Pay bill payments.
  • 1.5% cash back on other spends
  • A discount of up to 20% on dining at over 4000+ restaurants.
    • Cons
  • No incentives for petrol, insurance, or wallet spending.
  • No welcome benefits.
  • No cashback on EMI transactions, fuel spends and cash advances.
  • Charges annual fee from second year onwards.
  • 4% and 5% cashback have a very low cap of ₹500 per statement cycle.

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