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
  • 5% on eligible Google Pay, subject to caps.
  • 4% cashback on eligible Ola, Swiggy, and Zomato, subject to caps.
Issuer evidence · 3 sources →

Trade-off

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

Annual fee ₹499 per year
Base cashback 1.5%
Lounge access 4 visits / year · ₹50,000 spend in the previous 3 calendar months
Forex markup 3.5% high
Compare with HDFC Bank Tata Neu Plus RuPay →

Similar tier comparison

What it costs to get, and to keep

Joining vs renewal

First year

₹499joining fee

From year 2

₹499renewal fee

Waived above ₹2,00,000 eligible annual spend

Welcome offer

Joining fee reversal on early spend

Joining fee waiver

Qualification and fulfilment conditions apply

Rewards

Earning rules

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

One shared ceiling applies across 4 of these categories — they draw from the same cap pool.

Redemption value

What a Cashback is worth

  1. Cashback₹1 / pt

When does this card pay for itself?

Rewards break-even estimate
₹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 statement cycle — shared across Google Pay (domestic), Ola (domestic), Swiggy (domestic) & Zomato (domestic)
    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 →

Reported reward terms

Evidence · not used in rates or comparisons

Reported category terms

Shopping
1.5% cashbackDomestic spend
Shopping
4% cashbackDomestic spend

Stated by a source whose tier is not recorded · verify with issuer1 source of unrecorded tier

Evidence only · excluded from decisions

Costs & fees

Spending requirements

Spend gates · caps · milestone thresholds
RequirementAmountPeriodUnlocks
Annual fee waiver₹2,00,000yearAnnual fee waiver
Domestic lounge spend gate₹50,000quarterLounge eligibility

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: Up to ₹750 base cashback if the entire ₹50,000 qualifies for the general-spend lane · uses base/general earn rate; partner and category bonuses not included
  • ~₹9,000/year base cashback · renewal annual fee waived at this spend (joining fee may still apply in year 1)
  • 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 in the previous 3 calendar months

Issuer documented · corroborating sources · 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 on base card No international lounge access.

Issuer documented · corroborating sources · 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 earn
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
Above ₹2,00,000 · verified 30 Jun 2026 Annual fee waived on eligible anniversary-year spend above ₹2,00,000.
Interest-free period
Up to 50 days · verified 7 Jul 2026

International Use

Forex markup
3.5%

Issuer documented · corroborating sources · 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 month.

Fine print & compare

Compare with similar cards

Similar tier · similar benefits
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Axis Bank ACE
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The fine print

Caps · exclusions · earning · redemption · last refresh

Caps & limits

  • Statement-cycle cap: ₹500 per statement cycle — shared across Google Pay (domestic), Ola (domestic), Swiggy (domestic) & Zomato (domestic).
  • After the shared cashback 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

Latest update

  • Annual fee: ₹499.
  • Forex markup currently listed at 3.5%.
  • 4 per year domestic lounge · ₹50,000 spend in the previous 3 calendar months.

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 above ₹2,00,000 annual spend. Verify eligible spend exclusions before counting on it.

When do welcome benefits arrive?

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 →
Last refreshed 5 Sept 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.

Money Matters is an independent comparison and information service. It is not affiliated with, sponsored by, or endorsed by any bank or card issuer. Card and issuer names are trademarks of their respective owners and are used here only to identify the products being compared.