Axis Bank Ace Credit Card is one of the best cashback credit cards in India offering the highest flat-rate cashback of 2% across all transactions. It is best suited for those who are looking for good value-back for a low annual fee. What makes this card stand out is its 5% cashback feature on bill payments and recharges via Google Pay, as most cards offer low or no benefits on bill payments. Read on to know about the features and benefits of Axis Ace Credit Card in detail.
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Key Highlights of Axis Bank ACE Credit Card | |
 | |
| Best Suited for | For Cashback |
| Joining Fee | Rs. 499 (reversed on spending Rs. 10,000 within 45 days of card issuance) |
| Renewal Fee | Rs. 499 (waived off on spending Rs. 2 lakh in a year) |
| Best Feature | 5% cashback on bill payment, DTH and mobile recharge* |
| Paisabazaar’s Rating | ★★★★ (4/5) |
*Terms and conditions applicable.
| On this page |
This credit card offers unlimited cashback on your transactions. Some of the top features and benefits of Axis Bank ACE Credit Card are mentioned below:
Earn cashback on your transactions as per the below details:
Apart from cashback, you can also avail below benefits via this credit card:
Joining Fee Reversal: Spend Rs. 10,000 within 45 days of card issuance to avail joining fee reversal.
Annual Fee Waiver: Spend Rs. 2 lakh or above in a year and avail annual fee waiver.
Complimentary Lounge Access: 4 complimentary domestic lounge visits in a year.
Fuel Surcharge Waiver: 1% fuel surcharge waiver (maximum Rs. 500 in a month) across all fuel stations on transactions between Rs. 400 to Rs. 4,000.
Dining Benefits: Up to 20% off at 4,000+ participating restaurants.
Convert Purchases into EMIs: Convert your purchases of Rs. 2,500 and above into EMIs.
Below we have compared Axis Bank ACE Credit Card with the other two popular cashback credit cards available in the market. Let us understand with the help of the comparison as to why you should go for an Axis ACE Credit Card.
| Basis of Difference | Axis Bank Ace Credit Card | Flipkart Axis Bank Credit Card | ICICI Amazon Pay Credit Card |
| Annual Fee | Rs. 400 | Rs. 500 | Nil |
| Base Cashback Rate | 2% | 1.5% | 1% |
| Accelerated Cashback | 5% cashback on Bill Payments and mobile recharges on Google Pay 4% cashback on Swiggy, Zomato and Ola 2% cashback on all other spends | 5% cashback on Flipkart, Myntra & 2GUD 4% cashback on MakeMyTrip, PVR, Uber & more 1.5% cashback on all other spends | 5% cashback on Amazon for PRIME customers 3% cashback on Amazon for Non-Prime Customers 2% cashback on Amazon Pay Partner Merchants |
| Lounge Access | 4 domestic lounge visits in a year | 4 domestic lounge visits in a year | Nil |
| Minimum Savings on Rs. 1 lakh | Rs. 2,000 | Rs. 1,500 | Rs. 1,000 |
It is quite evident from the above comparison that Axis Bank ACE Credit Card excels in the majority of the categories except for Amazon and Flipkart, where the other two cards offer higher cashback and Axis ACE only offers 2%. However, depending on your spending pattern, the preferred choice would be different.
Axis Ace credit card is a good choice for those who want to get high value-back for a low annual fee. While most cards offer low or no rewards on utility bill payments, Axis Ace offers a 5% cashback on making such transactions via Google Pay, which is an excellent offer. Moreover, it covers other popular spending categories such as cabs and dining as well. Flat cashback rate of 2% across all online and offline transactions adds to its advantages. What makes the card even more special is that it is available for first-time card users as well. Where most basic entry level cards offer limited benefits, Axis Ace’s benefits on cashback are unmatched.
Axis ACE is not only a great entry card for beginners but also can be of great value to premium and super premium consumers who prefer cashback over rewards or find redeeming reward points challenging.
You should get this card if:
Planning to apply for this credit card? Read detailed Axis Bank ACE Credit Card review.
A few of the similar cashback credit cards are mentioned in the table below:
| Credit Card | Annual Fees | Comparative Feature |
| Cashback SBI Card | Rs. 999 | 5% cashback across all online transactions without any merchant restriction |
| Amazon Pay ICICI Bank Credit Card | Nil | Up to 5% cashback on Amazon spends |
| HDFC Bank Millennia Credit Card | Rs. 1,000 | 5% cashback on Amazon and Flipkart |
| HSBC Cashback Credit Card | Rs. 750 | 1.5% cashback on all online spends |
| Standard Chartered Manhattan Platinum Credit Card | Rs. 999 | 5% cashback on your spends at supermarket |
Below mentioned are the fees and charges associated with this credit card:
| Particulars | Charges |
| Joining Fee | Rs. 499 (reversed on spending of Rs. 10,000 within 45 days of card issuance) |
| Annual Fee | Rs. 499 (waived off on annual spend of Rs. 2 lakh or more) |
| Finance Charges | 3.6% p.m. | 52.86% p.a. |
| Late Payment Fee | For Outstanding Amount-
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Must read: 7 Credit Card Fees and Charges You Must Know
Customers must meet the below given eligibility criteria in order to apply for Axis Bank Ace Credit Card:
| Criteria | Details |
| Occupation | Salaried or Self-employed |
| Age | 18-70 years |
| Serviceable Cities | Click here for the list of eligible cities |
| Documents Required | Click here for the list of acceptable documents |
Note: The eligibility criteria and acceptable documents are indicative. Actual criteria and documents required may vary.
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, wallet loading transactions, cash advances, payment of outstanding balances and 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.
Which transactions can I convert into EMI?
Transactions that are over Rs. 2,500 can be converted into EMI post-purchase.
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.
Which airport lounges can I visit for free via the Axis Bank ACE Credit Card?
You can avail free visits to domestic airport lounges. Click here to view the list.
