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Axis Bank Ace Credit Card

★★★★☆(4.6)

If you're a regular user of Swiggy, Zomato, and Ola and prefer a cashback credit card over rewards, then you're going to love the Axis Bank Ace Credit Card! It offers 5% cashback on bill payments and 4% cashback on Swiggy, Zomato, and Ola. And that's not all – it comes with a nominal joining fee of ₹499, which is waived off if you spend more than ₹10,000 within 45 days of the card issuance. So why wait? Check out our Axis Bank Ace Credit Card review to learn more about this card and start earning cashback today!

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Axis Bank Ace Credit CardFromSBI Bank
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Features and Benefits

Aspects that make spending using this card lit as the sun!

✘Welcome Bonus
✔Travel
✔Fuel
✘Rewards
✘Shopping
✔Cashback
✔Dining
✘Insurance
✘Interest
Cashback Benefit
Cashback Benefit
  • 5% cashback on bill payments via Google pay towards DTH, internet, electricity, gas, etc.
  • 1.5% cashback on other spends.
Travel Benefit
Travel Benefit
  • 4 airport lounge visits every year at certain domestic airports.
  • 4% cashback on Ola rides.
Dining Benefit
Dining Benefit
  • 20% discount on dining bills under the Dining Delight Program, at over 4000 restaurants.
  • 4% cashback on Swiggy and Zomato.
Fuel Surcharge
Fuel Surcharge
  • 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.
EMI Benefit
EMI Benefit
  • Any transaction above ₹2500 on the Axis Bank Ace Credit Card can be converted into EMI easily.
Fee and Charges

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

Charges

Joining Fee

₹499

Annual Fee

₹499

Annual Percentage Rate

52.86%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.50%

Cash Advance Limit

NA

Card Replacement Fee

Nil

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

Nil

Reward Point Value

NA
Pros

Aspects that make this credit card amazing.

  1. ⮚5% cash back on Google Pay bill payments.
  2. ⮚4 free domestic lounge visits every year.
  3. ⮚A discount of up to 20% on dining at over 4000+ restaurants.
Cons

Aspects this credit card lacks.

  1. ⮚iOS users lose out on the 5% cashback offered by Google Pay.
  2. ⮚No incentives for petrol, insurance, or wallet spending.
  3. ⮚No welcome benefits.
  4. ⮚No cashback on EMI transactions, fuel spends and cash advances.
  5. ⮚Charges annual fee from second year onwards.
  6. ⮚4% and 5% cashback have a very low cap of ₹500 per statement cycle.
  7. ⮚2% cash back on everyday purchases has been reduced to 1.5%.

Axis Bank Ace Credit Card Review

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

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 2% 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.

However, the cashback is capped at ₹500 per month for the 4% and 5% cashback categories. Therefore, it is important to consider your spending habits before deciding if this card is right for you.

Overview

Best ForCashback and Google Pay users
Joining Fee₹499 (reversed on spending ₹10,000 within 45 days of card issuance)
Renewal Fee₹499 (waived off on a spend of ₹2,00,000 the previous year)
Welcome BonusNone
Best Feature5% cashback on bill payment, DTH, and mobile recharge via Google Pay

Who should get an Axis Bank Ace Credit Card?

The Axis Bank Ace Credit Card is a good choice for a wide range of people, including:

How to Apply for an Axis Bank Ace Credit Card?

1. Apply for an Axis Bank Ace Credit Card Online

  • Visit the Axis Bank website and go to the Credit Cards page.
  • Click on the "Apply Now" button for the Axis Bank Ace Credit Card.
  • Fill in the application form with your personal and financial details.
  • Upload the required documents, such as your PAN card, Aadhaar card, and income proof.
  • Submit the application form.
  • Visit the nearest Axis Bank branch.
  • Request an application form for the Axis Bank Ace Credit Card.
  • Fill in the application form with your personal and financial details.
  • Attach the required documents, such as your PAN card, Aadhaar card, and income proof.
  • Submit the application form to a bank representative.

Axis Bank Ace Credit Card Eligibility

Applicants must be at least 18 to 70 years of age and have a steady source of income to be eligible for a credit card.

    Documents Required

    • Proof of identity: 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: 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: 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.