Axis Bank Ace Credit Card

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(3.8/5)

Best For: Cashback,Offline Spend,Utility Bills

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Axis Bank’s Ace Credit Card is a widely popular cashback credit card in India, renowned for its strong cashback rates on utility bill payments and offline transactions. Despite recent devaluations, it remains a solid choice for cashback on both online and offline spending. While other cards may offer better cashback rates for online purchases, the Ace Credit Card still stands out as the top option for offline spending.

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

Welcome Benefits

Currently, the card is being offered first year free, but without any welcome benefits.

Cashback and Rewards

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
- 4% Cashback on Swiggy, Zomato and Ola
1.5% Cashback on Other Spend
Card is eligible for instant discount offers of Axis Bank on various brands during online and offline sale.

Lifestyle Benefits

15% Instant Discount upto Rs.500 on payment to restaurants through Eazydiner App for order above Rs.2,500 once in a month
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.
Longe 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)

Important Links

List of Airport Lounges: https://www.axisbank.com/docs/default-source/default-document-library/axis-bank-mastercard-airport-lounge-access_program.pdf

Upcoming Changes

Not applicable

Rating & Reviews

(3.8/5)

This is the truth, the whole truth, and nothing but the truth; brought to you SpendWisely backed by its expertise and expertise in the area of credit cards

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% cashback on offline spending.

If you’re seeking a card for utility bills and offline purchases, this one is an excellent choice.

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