The Axis Bank ACE Credit Card, in partnership with Google Pay and Visa, presents a unique opportunity to embrace the digital landscape and enjoy cashback rewards on your everyday transactions. This credit card is designed to cater to the needs of young professionals who are looking to tap into the world of credit and benefit from the surge in online transactions. With cashback rewards, exclusive offers, and a range of benefits, the ACE Credit Card is your gateway to a rewarding digital lifestyle.
Credit Card Details:
| Axis Bank ACE Credit Card | |
|---|---|
| Key Features | |
| Cashback Rewards | – 5% Cashback on electricity, gas, water, and internet bill payments via Google Pay. – 4% Cashback on transactions at Swiggy, Zomato, and Ola. |
| Additional Benefits | – Complimentary domestic airport lounge access (4 visits per year). – Up to 20% discount on dining at 4000+ partner restaurants. – Fee waiver on meeting spending criteria. |
| Cashback Breakdown | |
| Utility Bill Payments | 5% cashback on payments via Google Pay (up to ₹500 cashback per month). |
| Swiggy, Zomato, Ola | 4% cashback (up to ₹500 cashback per month). |
| Other Transactions | 2% cashback (no monthly capping). |
| Fees & Charges | |
| Joining Fee | ₹499 + applicable taxes |
| Renewal Fee | ₹499 + taxes |
| Interest Rate | 3.6% per month (52.86% annually) on outstanding amount. |
| Cash Advance Fee | 2.5% of withdrawn amount (minimum ₹500). |
| Foreign Currency Mark-up | 3.5% on foreign currency transactions. |
| Card Replacement Fee | Free card replacement in case of loss/misplacement. |
| Eligibility Criteria | |
| Age | 18 – 70 years |
| Residence | Indian resident |
| Additional Benefits | |
| Spends-Based Fee Waiver | Joining fee waived on spending ₹10,000 within 45 days of card setup.<br>Annual membership fee waived on annual spend of ₹2,00,000 in the previous year. |
| Fuel Surcharge Waiver | 1% fuel surcharge waived on fuel transactions worth ₹400 to ₹4,000. |
| Zero Liability Protection | Protection against unauthorized/fraudulent transactions if reported within 3 days. |
| Travel Benefits | |
| Airport Lounge Access | 4 complimentary domestic airport lounge visits per year. |
| Dining Benefits | |
| Dining Delights | Up to 20% off at 4000+ partner restaurants. |
| Reward Redemption | |
| Cashback Redemption | Automatically credited to the cardholder’s account. |
| How to Apply | |
| Application Process | Apply through the official Axis Bank website with required documents and information. |
| Customer Care | |
| Contact | 18604195555 / 18605005555 (24×7)<br>SMS ‘BLOCK XXXX’ to 5676782 to block the card. |
| Conclusion | |
| Summary | The Axis Bank ACE Credit Card offers attractive cashback rewards on utility bill payments, dining, and popular merchants. It comes with additional benefits such as lounge access and fee waivers, making it a great choice for young professionals embracing digital transactions. |
| Disclaimer | Please verify details through official sources before applying. Terms and conditions may apply. |
Eligibility Criteria
- Age between 18 and 70 years.
- Indian resident.
How to Apply
You can apply for the Axis Bank ACE Credit Card through the official Axis Bank website. Simply provide the necessary documents and information, and your application will be processed.
Frequently Asked Questions (FAQs)
1. What is the cashback structure for the ACE Credit Card?
Earn 5% cashback on utility bill payments and mobile recharges via Google Pay.
Earn 4% cashback on transactions at Zomato, Swiggy, and Ola.
Combined capping of ₹500 cashback per month for the above categories.
Earn 2% cashback on all other transactions with no monthly capping.
2. Is there an annual fee for the ACE Credit Card?
Yes, the annual fee for the ACE Credit Card is ₹499 plus applicable taxes.
3. Can the annual fee be waived?
Yes, the annual fee can be waived off if you achieve an annual spend of ₹2,00,000 in the previous year.
4. How do I access domestic airport lounges with this card?
You are entitled to 4 complimentary visits to domestic airport lounges per year.
5. Is there a fuel surcharge waiver on this card?
Yes, a 1% fuel surcharge is waived off on fuel transactions worth ₹400 to ₹4,000 at all fuel stations in India.
6. Can I earn cashback on all transactions?
No, cashback is not applicable on certain categories such as fuel spends, wallet reloads, EMI purchases, cash withdrawals, and more.
7. Is the ACE Credit Card suited for those who frequently use Google Pay?
Yes, the ACE Credit Card offers significant cashback benefits on utility bill payments and mobile recharges made through the Google Pay Android application.
8. Are there any alternatives to the ACE Credit Card?
For those who are looking for similar rewards and benefits, HDFC Millennia Credit Card and HDFC MoneyBack+ Credit Card are worth considering.