Axis Bank ACE Credit Card

The Axis Bank ACE Credit Card is the ideal choice for value-conscious spenders who want to maximise cashback on everyday expenses. Whether you're paying utility bills, ordering food online, or commuting via Ola, this card rewards your routine spending with industry-leading cashback rates. With its low annual fee and easily achievable waiver criteria, it's perfect for both first-time credit card users and experienced cardholders looking for a dedicated cashback card that delivers real savings on everyday transactions. 

Overview 

Accelerated Cashback Programme: The card offers a tiered cashback structure with up to 5% on Google Pay bill payments, 4% on food delivery and ride-sharing, and a generous 1.5% base rate on all other spends—significantly higher than most entry-level cards. 

Google Pay Integration: Seamlessly link your ACE Credit Card with Google Pay (available on Android) to earn 5% cashback on utility bill payments including electricity, water, gas, broadband, and recharges for mobile and DTH services. 

Food & Travel Benefits: Enjoy 4% cashback on popular platforms like Swiggy and Zomato for food delivery, and Ola for your daily commute. Note that combined cashback from the 5% and 4% categories is capped at ₹500 per month. 

Uncapped Base Rewards: The 1.5% cashback on all other eligible spends comes with no monthly capping, allowing unlimited savings on shopping, entertainment, and other retail transactions. 

Complimentary Lounge Access: Cardholders who spend ₹50,000 in the preceding 3 calendar months can avail up to 4 complimentary domestic airport lounge visits per year. 

Fuel Benefits: Save money at petrol pumps with a 1% fuel surcharge waiver on transactions between ₹400-₹4,000, with a monthly cap of ₹500. Note that fuel spends don't earn cashback. 

Dining Privileges: Enjoy 15% discount at over 4,000 partner restaurants across India, making dining out more affordable. 

Flexible EMI Options: Convert purchases above ₹2,500 into easy EMIs to manage your cash flow better. 

Low Entry Barrier: With affordable fees and relaxed eligibility criteria, the ACE Credit Card is accessible to both salaried and self-employed individuals, including first-time credit card applicants. 

Rewards and Benefits 

Earning Cashback 

5% Cashback on Google Pay Bill Payments & Recharges 

• Earn 5% cashback on bill payments for electricity, gas, water, internet/broadband made through Google Pay (Android only) 

• Applicable on mobile and DTH recharges via Google Pay 

• Maximum combined cashback of ₹500 per month on both 5% and 4% categories together 

• Minimum transaction amount: ₹100 

4% Cashback on Swiggy, Zomato & Ola 

• Get 4% cashback on food orders placed through Swiggy and Zomato 

• Earn 4% cashback on Ola ride bookings 

• Combined with 5% category, total monthly cap is ₹500 

• Applicable across all transactions on these platforms 

1.5% Cashback on All Other Spends 

• Earn 1.5% cashback on all other retail purchases 

• Unlimited cashback with no monthly capping 

• Applicable on online and offline transactions 

• Minimum transaction amount: ₹100 

Note: Cashback is credited directly to your credit card statement in the subsequent billing cycle. 

Fuel Surcharge Waiver 

1% Fuel Surcharge Waiver: 

• Applicable on fuel transactions between ₹400 and ₹4,000 

• Maximum benefit of ₹500 per month 

• Valid at all petrol pumps across India 

• GST charged on fuel surcharge is non-refundable 

Airport Lounge Access 

Complimentary Domestic Lounge Visits: 

• Up to 4 free domestic airport lounge visits per calendar year 

• Spend-based eligibility: Minimum ₹50,000 spent in the previous 3 calendar months 

• Access to participating lounges across Indian airports 

• Additional guests not covered; only primary cardholder eligible 

Note: For new cardholders, the spend criteria is waived for the month of issuance followed by the next 3 months. 

Dining Benefits 

Restaurant Discounts: 

• 15% discount at over 4,000 partner restaurants across India 

• Includes popular chains and local restaurants 

• Advance reservation may be required 

• Check Axis Bank website for updated restaurant list 

Welcome Benefits 

Joining Fee Reversal: 

• Joining fee of ₹499 + GST will be reversed on spends of ₹10,000 within 45 days of card issuance 

• Effectively making the first year free if spend criteria is met 

Annual Fee Waiver 

Fee Waiver Criteria: 

• Annual fee waived from 2nd year onwards on annual spends of ₹2,00,000 or more 

• Spend calculated from previous year's anniversary date 

• Automatic waiver applied if criteria met 

EMI Conversion Facility 

Flexible Payment Options: 

• Convert purchases above ₹2,500 into EMIs 

• Available for both online and offline transactions 

• Flexible tenure options available 

• Interest charges applicable as per bank's rates 

Additional Benefits 

Purchase Protection: Enhanced security on card transactions with chip and PIN technology 

Contactless Payments: Tap and pay for transactions up to ₹5,000 without entering PIN 

Online Security: Secure online transactions with OTP authentication 

Transaction Alerts: Instant SMS and email alerts for all card transactions 

Interest-Free Credit Period: Enjoy up to 50 days of interest-free credit from the date of purchase 

Exclusions for Cashback 

Cashback is not available on the following transactions: 

• Fuel purchases 

• EMI transactions (both upfront and post-facto) 

• Wallet loads and prepaid card reloads 

• Cash advances 

• Rental payments 

• Purchase of gold and jewellery 

• Insurance premium payments 

• Educational services and fees 

• Government-related payments 

• Payment of outstanding balances 

• Card fees and charges 

• Utility spends made on platforms other than Google Pay (for 5% category) 

Disclaimer: The card features, benefits, application process, and other details mentioned above are accurate at the time of writing but may change without prior notice. Please check the official Axis Bank website for the most current information.