Axis ACE
Annual Fee
₹499
Rewards/₹100 ⓘ
₹1.50 - ₹5.00
Interest Rate
40.80%
Credit Score
750+
At a Glance
Key Benefits
5% bills via GPay, 4% Swiggy/Zomato/Ola, 1.5% all. Rs 500/month cap.
Lounge Access
4 domestic visits/year (Rs 50K/quarter spend required). No international.
Eligibility
Age 18-70. Indian resident. Good credit score.
Quick Details
Reward Structure
Bills via Google Pay
Swiggy, Zomato, Ola
All Spends
Reward Calculator
Milestone Benefits
Rs.500 welcome bonus on spending Rs.10,000 within 45 days
Spend ₹10,000 within 45 days
value
5% cashback (up to Rs.1000) on first EMI transaction within 3 months
Spend ₹0 within 90 days
value
Airport Lounge Access
visits
Requires Rs 50,000 spend in previous 3 months. First 3 months waived for new cards.
Insurance Coverage
Fraud
₹0
Zero liability for unauthorized transactions if reported within 3 days
Lifestyle Perks
Dining
20.00% off
Up to 20% off at 4000+ partner restaurants via Dining Delights
Fuel Surcharge
1.00% off
1% fuel surcharge waiver on Rs.400-4000 transactions (max Rs.500/statement)
Category Rankings
See how this card performs in different spending categories compared to other cards.
Quick Analysis
Best card for utility bill payments and food delivery. Excellent for Android users who can maximize GPay bills.
Pros
- 5% on bills via GPay, 4% Swiggy/Zomato/Ola, 1.5% everywhere else, Low annual fee Rs 499, 4 domestic lounges
Cons
- Rs 500/month cap on 5%+4% categories, GPay bills only on Android, Lounge needs Rs 50K/quarter spend, No international lounge
Best For
Bill payment maximizers, food delivery users, cashback seekers
Not Ideal For
Frequent international travelers (high forex markup), fuel spenders (no cashback on fuel)
The Axis Bank ACE Credit Card is designed for bill payment maximizers and food delivery enthusiasts. With 5% cashback on utility bills via Google Pay and 4% on Swiggy/Zomato/Ola, it offers excellent returns for everyday expenses with a low annual fee that's easily waived.
What is Axis ACE?
Axis ACE is a Visa cashback card offering 5% on utility bills via Google Pay (DTH, electricity, gas, internet), 4% on Swiggy/Zomato/Ola, and 1.5% on all other spends. Rs 499 annual fee waived on Rs 2L spend. Includes 4 domestic lounge visits on Rs 50K quarterly spend.
Benefits
- Bill Payment Cashback: 5% on utility bills (electricity, gas, DTH, internet) via Google Pay
- Food & Travel: 4% on Swiggy, Zomato, and Ola transactions
- Universal Cashback: 1.5% on all other eligible transactions (unlimited)
- Domestic Lounges: 4 complimentary visits/year (requires Rs 50K quarterly spend)
- Dining Discounts: Up to 20% off at 4,000+ partner restaurants
- Fuel Surcharge Waiver: 1% waiver (Rs 400-4,000 transactions, max Rs 500/month)
- EMI Conversion: Convert transactions above Rs 2,500 to EMI
Welcome & Milestone Benefits
- Joining Fee Reversal: Rs 499 joining fee reversed on spending Rs 10,000 in first 45 days
- No Milestone Rewards: Card focuses on everyday cashback rather than milestone benefits
Airport Lounge Access
Axis ACE offers 4 complimentary domestic airport lounge visits per year.
Important Conditions:
- Requires minimum Rs 50,000 spend in previous 3 months to activate lounge access
- New cardholders get first 3 months access without spend requirement
- No international lounge access available
- Note: Dreamfolks lounge access discontinued from July 2025
Rewards Program
Axis ACE uses direct statement cashback:
- Utility Bills via GPay: 5% cashback (electricity, gas, DTH, internet)
- Swiggy/Zomato/Ola: 4% cashback
- All Other Spends: 1.5% cashback (unlimited)
- Combined Cap: Rs 500/month on 5% + 4% categories combined
- Credit: Directly to statement
Exclusions: No cashback on fuel, EMI purchases, education payments.
Note: GPay bill payment feature only available on Android, not iOS.
Fees & Charges
- Joining Fee: Rs 499 (reversed on Rs 10K spend in 45 days)
- Annual Fee: Rs 499 (waived on Rs 2L annual spend)
- Interest Rate: ~3.4% per month (~40.8% p.a.)
- Forex Markup: 3.5% on international transactions
- Cash Advance: 2.5% (min Rs 500)
- Late Payment: Rs 500-1,200 based on outstanding
Eligibility Criteria
- Indian resident
- Age: 18-70 years
- Steady income with decent credit score
- No specific income requirement publicly disclosed
Documents Required
- Identity Proof: PAN Card, Aadhaar
- Address Proof: Aadhaar, Passport, Utility bill
- Income Proof: Salary slips or ITR (if requested)
- Photograph: Recent passport-size photo
Frequently Asked Questions
What is the cashback rate on Axis ACE for bill payments?
Does Axis ACE work with Google Pay on iPhone?
What is the cashback cap on Axis ACE?
Does Axis ACE have airport lounge access?
How can I get the annual fee waived on Axis ACE?
What transactions are excluded from cashback?
What is the minimum income required for Axis ACE?
Is there fuel surcharge waiver on Axis ACE?
User Reviews
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