Axis Bank ACE Credit Card

• 5% cashback on every bill payment, DTH recharge, and mobile recharge initiated via Google Pay
• 4% cashback on Swiggy, Ola, and Zomato
• 2% cashback on all other spends
• No upper limit or maximum cashback earned

Let’s understand how much you can save with Axis Ace Credit Card

Let us assume that you spend Rs. 30,000 in a billing cycle divided into the following categories:

• Recharge and utility bill payment of Rs.5,000 via Google Pay
• Swiggy, Zomato & Ola bookings worth Rs.5,000
• Miscellaneous spendings worth Rs.20,000 (including EMI – Rs.10,000)

Since EMI transactions are not eligible for cashback, spending worth Rs.10,000 will be excluded in cashback calculation. To view other transaction types that are not eligible for cashback, click here.

Total spending eligible for cashback: Rs.5,000 + Rs.5,000 + Rs.10,000 = Rs.20,000

Now, cashback calculation for the same billing cycle would be:

• 5% of Rs.5,000 = Rs.250
• 4% of Rs.5,000 = Rs.200
• 2% of Rs.10,000 = Rs.200

Total cashback earned = Rs.650

Other Features of Axis Ace Credit Card

Apart from the unlimited cashback feature, Axis Ace also offers the following benefits:

• 4 complimentary domestic lounge visits in a year
• Up to 20% off at 4,000+ participating restaurants 
• 1% fuel surcharge waiver across all fuel stations (maximum waiver of Rs. 500 in a month)

If you are looking for simple benefits and high cashback rates, Axis Bank Ace is an ideal card for you. With its 2% flat-rate cashback, you will earn good value back on all your purchases.

However, if you are loyal to a particular website say Amazon, Flipkart or Paytm, getting their co-branded credit cards would be better because the co-branded benefits are considerable. For example, Amazon Pay ICICI credit card offers 5% cashback on all purchases on Amazon to PRIME customers and 3% to non-prime customers. Similarly, Flipkart Axis Bank Credit Card gives 5% cashback on Flipkart, Myntra and 2GUD along with 4% cashback at select partners such as MakeMyTrip, Goibibo and Uber. So, if you would like to get extra benefits on any such platforms, these co-branded cards would be a better choice.

Also, Axis Bank may not be the best choice for travellers as it does not offer accelerated rewards on any travel/airline brand or on the category. Though you will get flat 2% cashback, you could do better on travel expenses with a travel credit card.

Must Read: 7 Credit Card Fees and Charges You Must Be Aware Of

Customers must meet the below given basic eligibility criteria in order to successfully avail the Axis Bank ACE Credit Card.

The eligibility criteria and acceptable documents are for indicative purposes only. Actual criteria and documents required may vary.

Axis Bank Ace Credit Card is not available on Paisabazaar.com. You can apply for the card through Axis Bank’s website or by visiting the nearest Axis Bank branch.

I have Indian citizenship but I travel a lot overseas, can I still apply for this credit card?
Yes, as long as you are a resident of India you may apply for this credit card.

Will I get 2% cashback on all transactions?
No. Some transactions are not eligible for cashback. These include:

• Fuel Spends
• EMI transactions
• Purchases converted to EMI post facto
• Wallet loading transactions
• Cash advances
• Payment of outstanding balances
• Payment of card fees and other card charges

Are all purchases on Google Pay rewarded with 5% cashback?
No, Bill Payments, mobile and DTH recharges are rewarded with 5% cashback only.

Which transactions can I convert into EMI?
Transactions that are over Rs. 2,500 can be converted into EMI post-purchase. To know more about the facility click here.

Does Axis Bank provide a discount on chain restaurants or franchises such as KFC?
Yes, the list of partner restaurants includes franchises such as KFC, TGI Fridays, Tossin Pizza, Chicago Pizza and so on. Moreover, Axis Bank constantly updates its offers. Know if your favourite eatery offers a discount or not by clicking here.

Which airport lounges can I visit for free via the Axis Bank ACE Credit Card?
The list of participating airport lounges and the names of cities are:

Note: The list of participating airport lounges is regularly updated. Be sure to check the list of participating lounges at Axis Bank website before visiting. You can find the up to date list here.