AXIS

Axis Bank ACE Credit Card

Good for utility bills and everyday cashback.

Should you get this?

Conditional fit

Verified

Why this card

  • Up to 5% on Google Pay
  • You can comfortably spend ₹2,00,000 a year on the card.
  • You spend on google Pay.
Issuer evidence · 3 sources →

Trade-off

The annual fee (₹499) is waived only after ₹2,00,000 of eligible annual spend.

Annual fee ₹499 per year
Base cashback 1.5%
Lounge access 4 visits / year
Forex markup 3.5% high
Compare with HDFC Bank Tata Neu Plus RuPay →

Similar tier comparison

Rewards

Earning rules

Detail · from the summary above
ScopeRateEligibilityLimit
General spend1.5%—
Google Pay (domestic)5%₹500 per month; then 1.5% base
Ola (domestic)4%—₹500 per month; then 1.5% base
Swiggy (domestic)4%—₹500 per month; then 1.5% base
Show all 5 earning rules (1 more)
Zomato (domestic)4%—₹500 per month; then 1.5% base

Redemption value

What a Cashback is worth

  1. Cashback₹1 / pt

Annual fee break-even math

When does this card pay for itself
₹34K

Conservative yearly spend needed at base cashback rates.

Reward reality — the earning-rate detail behind the numbers above

Reward reality

Conclusion · what you actually get

Verified value

₹1 per point

Cashback

Base earn

1.5% base cashback

Caps

  • Google Pay (domestic)₹500 per month
    Why?

    then 1.5% base

  • Ola (domestic)₹500 per month
    Why?

    then 1.5% base

  • Swiggy (domestic)₹500 per month
    Why?

    then 1.5% base

View full earning rules →

No reward on

  • These spends do not earn cashback: Rent
  • Education
  • Government payments
  • Fuel
  • +6 more
See earning rules →

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds
RequirementAmountPeriodUnlocksRealismStrength
Annual fee waiver₹2,00,000yearAnnual fee waiverreasonablestrong
Lounge access spend gate₹50,000period not specifiedLounge eligibilitytrivialstrong

Watch outs

Before choosing this card
  • Forex markup is 3.5%, so frequent international spends may be costly.

Estimated usage

Example usage at this monthly spend

₹
  • At this monthly spend, you'd earn: ~₹750/month back (base earn · uses base/general earn rate; partner and category bonuses not included)
  • ~₹9,000/year back · net +₹8,500 after ₹499 fee
  • Fee waiver achievable at this spend
  • Forex cost ~₹1,750 per ₹50k international spend

Illustrative only, using current base rates and snapshot data.

Benefits & charges

Side-by-side facts
Benefits

Lounge Access

Domestic (cardholder)
4 per year — via Axis Bank lounge programme · verified 6 Jul 2026 Condition: ₹50,000 spend (issuer terms apply)

5 sources agree · verify issuer terms before applying

Where to verify
  • Axis ACE MITC Official Extract
  • Axis official page
  • CardInsider
  • PaisaBazaar
  • Operator-verified anchor
International (cardholder)
Not included International details not available.

5 sources agree · verify issuer terms before applying

Where to verify
  • Axis ACE MITC Official Extract
  • Axis official page
  • CardInsider
  • PaisaBazaar
  • Operator-verified anchor
Guest access
Guests: paid access
Axis domestic lounge access program , opens external site

Rewards

Base cashback
1.5% base cashback
Reward type
Cashback
Fees & charges

Fees

Monthly interest rate
3.75% / month
Annual fee
₹499
Joining fee
₹499 · verified 30 Jun 2026
Fee waiver spend
₹2,00,000 · verified 30 Jun 2026 Near catalog median waiver (₹2,00,000 vs ₹2,00,000).
Interest-free period
Up to 50 days · verified 7 Jul 2026

International Use

Forex markup
3.5%

3 sources agree · verify issuer terms before applying

Where to verify
Product tier
Entry-level

Travel & perks

Fuel Benefits

At the pump
  • 1% fuel surcharge waived on transactions ₹400–₹4,000.
  • Maximum waiver ₹500 per statement cycle.

Fine print & compare

Compare with similar cards

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The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

  • Monthly cap:₹500 per month.
  • After a category cap is reached, further spends earn the base rate.
Exclusions: 10

These spends do not earn cashback.

Payments

  • Rent
  • Education
  • Government payments

Financial

  • Fuel
  • EMI
  • Wallet loads
  • Insurance premiums
  • Cash advances

Shopping

  • Gold, silver & precious metals

Utilities

  • Utility spends outside the eligible platform / app

Redemption & expiry

  • Cashback redemption: Auto-credited to card account — Next billing cycle 3 days prior to the statement generation date

Latest update

  • Annual fee: ₹499.
  • Forex markup currently listed at 3.5%.
  • 4 per year domestic lounge.

Common questions

From verified card facts

Is this good for lounge access?

4 per year domestic lounge. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.

Is this good for international spends?

Forex markup is 3.5%, so frequent international spends may be costly.

Is the annual fee easy to recover?

Fee waiver applies at ₹2,00,000 annual spend. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

Issuer lists a welcome benefit Joining fee reversal on early spend. Included items: Joining fee waiver — Joining fee ₹499 waived on spends of ₹10,000 within 45 days of card set-up (MITC ACE row).. Timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.

Learn

Learn more

Guides matched to this card — not a random syllabus.

All guides →
Information updated 28 Jul 2026. moneymatters.cards Change look saved in this browser only
Important

Data compiled from issuer and public information. Details may change — verify with issuer. Reference data, not financial advice.