If you apply through our link, we may earn a commission from the issuer at no extra cost to you. It never affects our ratings — how we make money.
Axis Bank
Axis Bank ACE Credit Card
4.5Best for bill payments
Lounge access
- Joining fee
- ₹499
- Annual fee
- ₹499
- Welcome bonus
- ₹499
- Forex markup
- 3.5%
- Interest p.a.
- 55.55%
- Min income
- ₹30,000/mo
How this card earns
Reward rates by category, with caps and an estimated yearly value.
| Spend category | Reward rate | Monthly cap | Est. value/yr |
|---|---|---|---|
Utilities & bills 5% cashback on utility bill payments and recharges made via Google Pay. Combined Rs.500/statement-cycle cap shared with the 4% dining/cab category. | 5% | ₹500 | ₹300 |
Dining 4% cashback on Swiggy, Zomato and Ola. Combined Rs.500/statement-cycle cap shared with the 5% utility-bills category (cap not per-category). | 4% | ₹500 | ₹240 |
Everything else 1.5% cashback on all other eligible spends, uncapped. | 1.5% | — | ₹1,800 |
| All other spends | 1.5% | — | ₹1,800 |
Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.
Fees & charges
Joining fee₹499
Annual fee₹499
Annual fee waiverAnnual fee waived on spends of Rs.2,00,000 in the preceding year
Foreign currency markup3.5%
Finance charge (p.a.)55.55%
Fuel surcharge waiver1%, up to ₹500/mo
Key benefits
- Airport lounge access — 1/quarter domestic (4 complimentary domestic airport lounge visits per year (subject to eligibility/spend criteria))
- 5% cashback on bill payments and recharges via Google Pay (combined Rs.500/cycle cap with 4% category)
- 4% cashback on Swiggy, Zomato and Ola (combined Rs.500/cycle cap)
- 1.5% cashback on all other spends (uncapped)
- Annual fee reversal on Rs.2,00,000 annual spends
- 1% fuel surcharge waiver (Rs.400-Rs.4,000 txns)
- Dining discounts via Axis Bank Dining Delights
What we like
- +High 5% cashback on utility bills via Google Pay
- +Low annual fee with achievable spend waiver
- +1.5% uncapped cashback on all other spends
What to watch
- −5%/4% cashback capped at Rs.500 combined per statement cycle
- −5% requires routing bills through Google Pay
- −High finance charge (3.75%/month)
Compare with similar cards
- Top reward
- 3%
- Annual fee
- ₹50,000
- Welcome bonus
- ₹3,000 value
- Top reward
- 4%
- Annual fee
- ₹5,000
- Welcome bonus
- ₹2,000 value
- Top reward
- 2%
- Annual fee
- ₹3,000
- Welcome bonus
- ₹2,000 value