Axis Bank ACE Credit Card
Updated on September 9, 2026
🎖️Reward Rate
5% cashback on utility bill payments & recharges via Google Pay (capped at ₹500/month)
Overview
Axis Bank ACE Credit Card offers cashback on eligible utility bill payments and recharges through Google Pay, Swiggy, Zomato and Ola, along with cashback on other eligible spends. The card also provides domestic airport lounge access, a fuel surcharge waiver and the option to convert eligible purchases to EMI.
Rewards
Reward Type
Cashback
Reward Rate
- • 5% cashback on utility bill payments & recharges via Google Pay (capped at ₹500/month)
- • 4% on Swiggy, Zomato & Ola (capped at ₹500/month)
- • 1.5% unlimited flat cashback on all other eligible retail transactions.
Welcome Benefit
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Milestone Benefit
Annual fee waiver from the 2nd year onward on annual spends greater than ₹2,00,000, subject to Axis Bank's eligible-spend conditions.
Redemption
No fee charged for redemption.
Benefits
- 5% cashback on utility bill payments (electricity, internet, gas and more) and DTH/mobile recharges on Google Pay
- 4% cashback on Swiggy, Zomato and Ola
- 1.5% cashback on other spends
- 4 complimentary domestic airport lounge visits per calendar year at select airports
- 1% fuel surcharge waiver on eligible fuel transactions
- and purchase-to-EMI conversion for transactions of ₹2,500 or more.
Things to Know Before you apply
Axis Bank ACE Credit Card Eligibility Criteria
- Age: 18–70 years
- Salaried, Self-Employed Professional, Business Owner
- Resident Indian citizen
Axis Bank ACE Credit Card Customer Care
- Toll Free: 1860 419 5555 / 1860 500 5555
- Landline: +91 22 6798 7700
- Concierge Service: 1800 103 5577
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | ₹499 |
| Annual Fee | ₹499 |
| Foreign Currency Mark-up Fee | 3.5% |
| Cash Advance Fee | 2.5% of cash amount, minimum ₹500 |
Fee waiver: Annual fee waived from the 2nd year onward on annual spends greater than ₹2,00,000; rent and wallet-load transactions are excluded from the spend calculation for this waiver.
PaisaSimple Review
Overall Rating
4.8/5What do we like about this card?
Axis Bank ACE is widely considered the holy grail of entry-level cashback cards in India; With 5% cashback on bill payments via Google Pay, 4% on Swiggy/Zomato/Ola, and an uncapped 1.5% flat rate on all other spends credited straight to your statement with zero redemption fees, it easily recovers its ₹499 annual fee many times over.
Pros
- • 5% cashback on eligible utility bill payments and DTH/mobile recharges on Google Pay
- • 4% cashback on Swiggy, Zomato and Ola
- • 1.5% cashback on other eligible spends
- • 4 complimentary domestic airport lounge visits per calendar year at select airports
- • 1% fuel surcharge waiver on eligible fuel transactions
- • annual fee waiver on annual spends greater than ₹2,00,000, subject to eligible-spend conditions
Cons
- • ₹499 annual fee from the 2nd year if the annual-spend waiver condition is not met
- • cashback is not earned on excluded categories such as fuel, rent, education, wallet loads, government services, insurance, gold and jewellery, financial institutions, cash advances and repayments, EMI transactions and card fees
- • 5% utility and recharge cashback is restricted to eligible transactions through Google Pay
- • 4% cashback category is limited to Swiggy, Zomato and Ola
- • foreign currency transaction fee is 3.5%
- • cash withdrawal fee is 2.5% with a minimum of ₹500
Frequently Asked Questions
How is cashback credited on the Axis Bank ACE Credit Card?
Cashback earned during a billing cycle is automatically calculated and credited directly to your credit card statement in the following billing cycle; There is no redemption portal to log into and no redemption fee charged.
Are rent, fuel, and wallet loads eligible for cashback?
No; Fuel transactions, wallet load recharges, rent payments (MCC 6513), education fees, and EMI transactions are excluded from cashback; Additionally, rent payments incur a 1% processing fee, and high-volume utility spends (>₹25k) incur a 1% fee.
How do I get the ₹499 annual fee waived?
The annual fee of ₹499 is waived from the 2nd year onwards if your total eligible retail spends exceed ₹2,00,000 in the preceding 12 billing months; Note that rent payments and wallet loads do not count toward this ₹2,00,000 threshold.
What is the cap on 5% utility and 4% partner spends?
Both the 5% Google Pay utility category and the 4% Swiggy/Zomato/Ola category have independent monthly caps of ₹500 each; Beyond the cap, transactions continue to earn 1.5% unlimited cashback.
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- • null
- • 499 NeuCoins upon payment of membership fee and card activation within 30 days
- • Qualification Criteria: Fee realization
- • First spend on Tata Neu app within 30 days
- • Fulfillment Timeline: Credited within 30 days of spend condition fulfillment
- • ₹500 cashback upon retail spends of ₹10,000 or more within first 30 days of card setup
- • Qualification Criteria: Spend ₹10,000 within first 30 days
- • Fulfillment Timeline: 60 days post transaction qualification
- • 5% cashback on utility bill payments & recharges via Google Pay (capped at ₹500/month)
- • 4% on Swiggy, Zomato & Ola (capped at ₹500/month)
- • 1.5% unlimited flat cashback on all other eligible retail transactions.
- • Base Rewards: 1% NeuCoins per ₹100 (1% NeuCoins on all non-Tata brands and RuPay UPI merchant transactions)
- • Accelerated Rewards: 2% NeuCoins on Tata Neu app + 5% NeuPass benefits (total 7% value) across Tata brands
- • Excluded Categories: Fuel, Wallet load, Rent
- • Base Rewards: 2% Cashback per ₹100 (2% flat cashback on all online retail transactions (max cashback ₹1,000 per month))
- • 1% Cashback per ₹100 (1% flat cashback on all offline retail transactions (max cashback ₹500 per month))
- • Accelerated Rewards: 2% flat cashback on all online spends with no merchant lock-in (capped at ₹1,000/month). Extended 0.99% per month EMI interest rate for first 90 days.
- • Excluded Categories: Fuel, Rent, Wallet loads, Jewellery
- • 5% cashback on eligible utility bill payments and DTH/mobile recharges on Google Pay
- • 4% cashback on Swiggy, Zomato and Ola
- • 1.5% cashback on other eligible spends
- • 4 complimentary domestic airport lounge visits per calendar year at select airports
- • 1% fuel surcharge waiver on eligible fuel transactions
- • annual fee waiver on annual spends greater than ₹2,00,000, subject to eligible-spend conditions
- • Base Rewards: 1% NeuCoins per ₹100 (1% NeuCoins on all non-Tata brands and RuPay UPI merchant transactions)
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Base Rewards: 2% Cashback per ₹100 (2% flat cashback on all online retail transactions (max cashback ₹1,000 per month))
- • 1% Cashback per ₹100 (1% flat cashback on all offline retail transactions (max cashback ₹500 per month))
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • ₹499 annual fee from the 2nd year if the annual-spend waiver condition is not met
- • cashback is not earned on excluded categories such as fuel, rent, education, wallet loads, government services, insurance, gold and jewellery, financial institutions, cash advances and repayments, EMI transactions and card fees
- • 5% utility and recharge cashback is restricted to eligible transactions through Google Pay
- • 4% cashback category is limited to Swiggy, Zomato and Ola
- • foreign currency transaction fee is 3.5%
- • cash withdrawal fee is 2.5% with a minimum of ₹500
- • Annual renewal fee of ₹499
- • Reward exclusion on fuel purchases and wallet load transactions
- • Annual renewal fee of ₹499
- • Reward exclusion on fuel purchases and wallet load transactions