Axis Bank Ace Credit Card

(3.8/5)
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Axis Bank’s Ace Credit Card is one of the most popular cashback credit cards in India, known for attractive cashback rates on utility bill payments and offline transactions. While there are many credit cards which provide better cashback rates on online spend as compared to the Axis Bank’s Ace Credit Card, there are hardly any other real cashback based credit card which can match the cashback rate of Axis Ace Credit Card for offline spend. Therefore, despite recent devaluations, it remains a solid choice for cashback on utility bill payments and offline spend. Furthermore, the cashback is directly credited into the credit card statement without any manual efforts. This makes this credit card very simple to understand and manage.

Features and Benefits

Features and benefits available in this credit card

Cashback
Reward Points
Airmiles
Airport Lounge
Utility Bills
Insurance
NPS
Education
Government Payment
Fuel
Rent
Giftcards
Jewellery
Wallet Load
Rewards on EMI
Welcome Bonus
Travel
Dining
Shopping
Interest

Joining and Renewal Benefits

Joining Benefits

  • Currently, the card is being offered first year free, but without any welcome benefits. It’s a limited time offer. So, check your “Joining Fee” post entering your mobile number and OTP on card application page.

Renewal Benefits

  • No renewal benefits

Cashback and Rewards

  • Accelerated Cashback: Upto Rs.500 Cashback per Monthly Statement Cycle on following
    • 5% Cashback on bill payments (electricity, water, gas, LPG and broadband), DTH and mobile recharges through Google Pay App
    • 4% Cashback on Swiggy, Zomato and Ola
  • Other Spend: 1.5% Unlimited Cashback on Other Spend
  • Payment to Restaurants using EasyDiner App: 15% Instant Discount upto Rs.500 on payment to restaurants through Eazydiner App for order above Rs.2,500 once in a month
  • Instant Discount Offers: Card is eligible for instant discount offers of Axis Bank on various brands during online and offline sale.

Lifestyle Benefits

  • 4 Domestic Lounge Access in a year (1 Domestic Lounge Access per Quarter a minimum eligible spend of Rs.50,000 in the previous 3 calendar months.)

Fuel Surcharge Waiver

  • 1% Fuel Surcharge Waiver on transactions between Rs.400 and Rs.4,000. Maximum Fuel Surcharge Waiver upto Rs.500 per Statement Cycle.

Forex Mark-up Fee

3.5% plus GST (4.13% including GST)

Joining and Renewal Benefits

Joining Benefits

  • Currently, the card is being offered first year free, but without any welcome benefits. It’s a limited time offer. So, check your “Joining Fee” post entering your mobile number and OTP on card application page.

Renewal Benefits

  • No renewal benefits

Cashback and Rewards

  • Accelerated Cashback: Upto Rs.500 Cashback per Monthly Statement Cycle on following
    • 5% Cashback on bill payments (electricity, water, gas, LPG and broadband), DTH and mobile recharges through Google Pay App
    • 4% Cashback on Swiggy, Zomato and Ola
  • Other Spend: 1.5% Unlimited Cashback on Other Spend
  • Payment to Restaurants using EasyDiner App: 15% Instant Discount upto Rs.500 on payment to restaurants through Eazydiner App for order above Rs.2,500 once in a month
  • Instant Discount Offers: Card is eligible for instant discount offers of Axis Bank on various brands during online and offline sale.

Lifestyle Benefits

  • 4 Domestic Lounge Access in a year (1 Domestic Lounge Access per Quarter a minimum eligible spend of Rs.50,000 in the previous 3 calendar months.)

Fuel Surcharge Waiver

  • 1% Fuel Surcharge Waiver on transactions between Rs.400 and Rs.4,000. Maximum Fuel Surcharge Waiver upto Rs.500 per Statement Cycle.

Forex Mark-up Fee

3.5% plus GST (4.13% including GST)

Reward Redemption

This credit card gives real cashback which is automatically credited in credit card statement. No manual efforts required.

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Annual Spend Target
for Renewal Fee Waiver (INR)
₹ 200000

Pros

Aspects that make this credit card amazing.

  • Best credit card for offline payment with 1.50% on all other spend including offline spend. While there are many cards which give more than 1.50% cashback on online spend, but there is no credit card which gives more than 1.50% cashback on offline spend. Therefore, this is the best credit card for offline spend.
  • Best credit card for utility bills as it gives 5% cashback on electricity, water, gas (piped gas bill and LPG Cyllinder), broadband, DTH and mobile recharges through Google Pay
  • No limit on base cashback rate of 1.50% across online and offline spend

Cons

Aspects this credit card lacks.

  • Low limit for cashback on utility bill payment. Maximum Rs.500 cashback on all utility bills, Swiggy, Tomato and OLA.
  • No cashback on insurance, fuel,EMI, Wallet Load, Jewellery, Rent, Government, Insurance, Education related payments, Cash Advances, Card fees and charges. Nowadays, these categories are excluded for cashback and rewards with most of the credit card.
  • Spend condition for Lounge Access. You need to spend Rs.50,000 in last 3 months to be eligible for 1 lounge access in a quarter. Although, this is an entry level credit card and mainly for utility bill payment. This should not be a major drawback.
  • Lounge network limited to metro city airports.

Spend Categories with No Cashback / Rewards

No cashback on following spend categories

  • Utility spends done on any platform other than Google Pay
  • Fuel spends
  • EMI transactions and purchases converted to EMI post facto
  • Wallet loading transactions
  • Rental payment
  • Purchase of gold/jewelry items
  • Insurance premium payments
  • Educational services
  • Payment of outstanding balances
  • Payment of card fees and other card charges
  • Cash advances

Add-on Cards

  • Upto 3 Add-on credit cards are issued. But for long time, Axis Back is not issuing Add-on credit card to new credit card users.

Eligibility Criteria

  • Age: Minimum 18 years, Maximum 70 years
  • Income: Rs.30,000 net-in-hand salary per month for salaried customer. For others, ITR of Rs.4 Lacs in a year (This is basis the card approval experience, official income criteria has not been shared by the bank)

Upcoming Changes

N/A

Rating & Leave your comment here about this credit card

Rating & Leave your comment here about this credit card

(3.8/5)

SpendWisely’s Rating for this Credit Card

(3.8/5)

Ratings you can trust: honest, unbiased, and backed by SpendWisely’s expertise.

Reward Value
(4)
Lifestyle Benefits
(3)
Ease of Reward Redemption
(5)
Value for Money
(4)
Customer Service
(3)

Axis Bank’s Ace Credit Card is a solid option for cashback on utility bill payments, online, and offline spending. The best feature is the real cashback credited directly to your credit card statement, eliminating any manual effort. It also offers cashback on mobile recharges, bills, broadband, and DTH recharges across all brands. With 1.5% cashback on both online and offline transactions, it stands out, especially since no other card offers more than 1.5% real cashback on offline spending.

If you’re seeking a simple to manage credit card for utility bills and offline spend, this one is an excellent choice.

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(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ Rs.590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
12%
Accelerated Reward Rate
12%
(3.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ Rs.590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
12%
Accelerated Reward Rate
12%
Full Details
(3.8/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
1%
Accelerated Reward Rate
7%
(3.8/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 589
Renewal fee
(INR including GST)
₹ 589
Base Reward Rate
1%
Accelerated Reward Rate
7%
Full Details
(4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
5%
(4/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
5%
Full Details
(4/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 1770
Renewal fee
(INR including GST)
₹ 1770
Base Reward Rate
1%
Accelerated Reward Rate
7.5%
(4/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 1770
Renewal fee
(INR including GST)
₹ 1770
Base Reward Rate
1%
Accelerated Reward Rate
7.5%
Full Details
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
(2.6/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.5%
Accelerated Reward Rate
6%
Full Details
(3.2/5)
Cashback
Reward Points
Airmiles
Airport Lounge
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.2%
Accelerated Reward Rate
4%
(3.2/5)
Categories:
Cashback
Reward Points
Airmiles
Airport Lounge
Additional Details...
Joining fee
(INR including GST)
₹ 590
Renewal fee
(INR including GST)
₹ 590
Base Reward Rate
0.2%
Accelerated Reward Rate
4%
Full Details

Domestic Airport Lounge Access

4 Lounges Access in a year (1 per quarter)

International Airport Lounge Access

Not Available

Airport Spa Access

Not Available

Airport Meet & Greet Service

Not Available

Railway Lounge

Not Available

Movie Tickets

Not Available

Dining Benefit

10% Instant Discount upto Rs.500 on Eazydiner App on order of Rs.2000 or above, once in a month

Golf

Not Available

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Axis Ace Credit Card

Axis Bank Ace Credit Card

(3.8/5)