- Joining fee
₹499 + GST
- Annual fee
₹499 + GST
- Best suited for
Travel, Utility Bills
- Reward type
Cashback
Rewards
- Rewards rate
5% cashback on paying bills & on mobile recharges via GPay and 4% cashback on Swiggy, Ola, and Zomato, with a combined capping of Rs. 500 cashback per month. 1.5% cashback elsewhere on other merchants.
- Reward redemption
Your earned cashback is automatically credited to the cardholders’ accounts.
Benefits
- Domestic lounge
4 complimentary airport lounge visits to domestic airport lounges per year
Fees & charges
- Spend-based waiver
Annual Charges Waived on Spends of ₹2 Lakh or More
- Rewards redemption fee
Nil
- Foreign currency markup
3.5% of the transaction amount
- Interest rates
3.75% Per Month or 55.55% Annualized
- Fuel surcharge waiver
1% Surcharge Waiver for Purchases Worth Between ₹400 and ₹4,000 (Maximum Waiver of ₹500/Statement Cycle)
- Cash advance charges
2.5% of the withdrawn amount, subject to a minimum amount of Rs. 500.
Product highlights
- 5% cashback on bill payments and mobile recharges on Google Pay.
- 4% cashback on Swiggy, Zomato, and Ola.
- 1.5% cashback on all other purchases (with a few exceptions).
- 4 free domestic lounge visits every year.
- 1% fuel surcharge waiver with a maximum cap of Rs. 500 each statement cycle.
- Spend-based joining & annual fee waiver.
FAQs
What is the maximum cap on cashback that can be earned in a given month?
The 5% cashback on recharge and bill payment via Google Pay and 4% cashback on Swiggy, Zomato, and Ola, has a combined capping of Rs. 500 per month. There is no capping on the 2% cashback on other merchant spends.
Will I earn cashback on making payments via the Google Pay iOS app?
You won’t get accelerated (5%) cashback on Google Pay iOS app (only Android app supported). However, you will earn the regular 2% cashback.
Do I also earn cashback on fuel spends?
No. Fuel spends don’t earn you any cashback. However, you do get a waiver of 1% on the fuel surcharge for transactions between Rs. 400 and Rs. 4,000 (max cap of Rs. 500/month).
Do I get 5% cashback on all transactions made via Google Pay?
No. You earn 5% cashback only on bill payments (electricity, gas, internet, etc.) and mobile and DTH recharges processed via the Google Pay Android app.
Do I get any International lounge access with this card?
No. You get only domestic lounge access with the ACE credit card.
Does Axis Bank ACE Credit Card offer reward points?
No, Axis Bank ACE Credit Card doesn’t offer reward points, but it offers cashback on all your spends. Cashback is automatically credited to the cardholders’ account.
What is Axis Bank ACE Credit Card billing cycle?
The billing cycle is the time period between two consecutive statement generation dates. The billing cycle of the Axis Bank ACE Credit Card can be different for different cardholders.