The Axis Bank Ace Credit Card is a Visa Platinum cashback credit card issued by Axis Bank. It is designed for individuals who want to earn cashback on their everyday spending, particularly utility bill payments, food delivery, and cab rides.

• Card Network: Visa Platinum
• Card Type: Cashback
• Annual Fee: Rs. 499 (waivable on Rs. 2 lakh annual spend)
• Best For: Google Pay users, utility bill payers, Swiggy/Zomato/Ola users
• Issuer: Axis Bank

• 5% cashback on utility bill payments (electricity, water, gas, LPG, broadband) and DTH/mobile recharges made via Google Pay
• 4% cashback on Swiggy, Zomato, and Ola transactions
• 1.5% cashback on all other eligible spends (uncapped)
• Combined cap of Rs. 500 per statement cycle on the 5% and 4% cashback categories
• Cashback is automatically credited to your account

Airport Lounge Access

• 4 complimentary domestic airport lounge visits per calendar year
• Requires minimum spend of Rs. 50,000 in the previous 3 calendar months
• Spending requirement waived for the first 4 months for new cardholders

Fuel Surcharge Waiver

• 1% fuel surcharge waiver at all fuel stations across India
• Applicable on transactions between Rs. 400 and Rs. 4,000
• Maximum waiver of Rs. 500 per statement cycle
• GST on fuel surcharge is non-refundable

Dining Benefits

• Up to 15% discount on dining bills at 4,000+ partner restaurants
• Available through the Dining Delights program via EazyDiner

EMI Conversion

• Any transaction above Rs. 2,500 can be converted into easy EMIs
• EMI rate of 1.5% per month on monthly reducing balance

• The joining fee of Rs. 499 is reversed on spending Rs. 10,000 within 45 days of card setup
• Currently, the joining fee is waived entirely for select application channels as a limited-time offer

Annual Fee Waiver

• The annual fee of Rs. 499 (from the 2nd year onwards) is waived if you spend Rs. 2,00,000 or more in the preceding year
• Exclusions: Rent transactions (MCC 6513) and wallet load transactions (MCC 6540) do not count towards the fee waiver threshold

Lounge Access Milestone

• Spend Rs. 50,000 in the previous 3 calendar months to unlock 4 complimentary domestic lounge visits per year
• New cardholders are exempt from this spending requirement for the first 4 months

The Axis Bank Ace Credit Card provides complimentary access to domestic airport lounges across India.

• Visits: 4 complimentary domestic airport lounge visits per calendar year
• Spend Requirement: You must have spent at least Rs. 50,000 in the previous 3 calendar months to be eligible for lounge access
• New Card Exception: The spending requirement is waived for the month of card issuance plus the next 3 months
• Access Network: Available at select domestic airports through the Axis Bank lounge program

Note: This card does not offer international lounge access or Priority Pass membership. For international lounge access, consider premium Axis Bank cards like the Atlas or Magnus.

The Axis Bank Ace Credit Card uses a straightforward cashback system where rewards are automatically credited to your account.

• Google Pay Utility Bills (5%): Pay electricity, water, gas, LPG, broadband bills, and DTH/mobile recharges through Google Pay using the Ace card to earn 5% cashback. Only Android users can use this feature.
• Partner Merchants (4%): Earn 4% cashback on Swiggy, Zomato, and Ola transactions.
• All Other Spends (1.5%): Earn 1.5% cashback on all other eligible transactions with no monthly cap.

Cashback Cap

The 5% and 4% cashback categories share a combined cap of Rs. 500 per statement cycle. The 1.5% base cashback has no cap.

Excluded Categories

No cashback is earned on: fuel spends, EMI transactions, wallet loads, cash advances, rent payments, gold/jewellery purchases, insurance premiums, educational services, government services, and card fee payments.

Cashback Redemption

Cashback is automatically credited to your statement. No manual redemption required, and there is no redemption fee.

• Age: 18 to 70 years
• Residency: Indian resident only (NRIs not eligible)
• Employment: Salaried or self-employed with stable income
• Minimum Income: Rs. 50,000 per month (Rs. 6,00,000 per annum) for new customers
• CIBIL Score: 750 or above recommended (650+ may be considered with higher interest rates)

Other Factors

• Clean credit history with no major defaults
• Debt-to-income ratio should be manageable (below 50% of monthly salary)
• Existing Axis Bank customers may get easier approval

• PAN Card or Form 60
• Aadhaar Card
• Passport
• Voter ID
• Driving Licence

Address Proof (any one)

• Aadhaar Card
• Passport
• Driving Licence
• Voter ID
• Utility bill (not more than 3 months old)
• Bank account statement

Income Proof (any one)

• Latest pay slip (not more than 3 months old)
• Latest Form 16
• Last 3 months bank statements
• IT return copy

Other Documents

• Photocopy of PAN Card (mandatory)
• Recent colour photograph

1. Visit the Axis Bank website and navigate to the Credit Cards section
2. Select the Axis Bank Ace Credit Card
3. Click on "Apply Now" and fill in your personal and financial details
4. Upload required documents (PAN, Aadhaar, income proof)
5. Submit the application and wait for verification
6. If approved, receive your card within 7-10 working days

Through Branch

1. Visit the nearest Axis Bank branch
2. Request an application form for the Ace Credit Card
3. Fill in your details and attach the required documents
4. Submit the form to a bank representative
5. The bank will process your application and communicate the decision

Through Mobile App

1. Download the Axis Mobile app
2. Log in or register your account
3. Navigate to Credit Cards section
4. Check pre-approved offers or apply for the Ace Credit Card
5. Follow the on-screen instructions to complete the application

The Axis Bank Ace Credit Card stands out as one of the best entry-level cashback credit cards available in India. Its 5% cashback on utility bills via Google Pay is an industry-leading rate for this category, and the uncapped 1.5% base cashback ensures you earn rewards on every eligible transaction. The addition of 4 complimentary domestic airport lounge visits is a rare benefit for a card in this price range.

The card is best suited for Android users who regularly pay utility bills through Google Pay and frequently use food delivery and cab services. However, iPhone users should carefully evaluate whether the base 1.5% cashback alone justifies the card, as they cannot access the 5% Google Pay benefit. The Rs. 500 combined cap on accelerated cashback and the April 2024 devaluation (2% to 1.5% base rate) are notable drawbacks to consider.

Overall, for its modest Rs. 499 annual fee (easily waivable), the Axis Bank Ace Credit Card delivers exceptional value and remains a top recommendation for cashback seekers in the entry-level segment.