Axis Bank ACE Credit Card
Axis Bank · Cashback card · ₹499 annual fee
Fees & benefits
| Annual fee | ₹499 + GST — waived at ₹2,00,000/yr spend |
| Welcome benefit | None |
| Airport lounges | 4 domestic · 0 international / year |
| No rewards on | fuel, rent, wallet, jewellery, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 5% GPay bills + 4% Swiggy/Zomato/Ola (shared ₹500/mo cap) | 5% | ₹500 | utility |
| 5% GPay bills + 4% Swiggy/Zomato/Ola (shared ₹500/mo cap) | 4% | ₹500 | swiggy, zomato, ola |
| 1.5% other cashback | 1.5% | Uncapped | all eligible spend |
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
The ₹500 monthly cashback cap is SHARED across the 5% (Google Pay bills/recharges) and 4% (Swiggy/Zomato/Ola) categories combined — not ₹500 each. Modeled here via a shared cap key.
The 5% Google Pay bill-pay/recharge category works only on Android; iPhone users cannot access it.
4 complimentary domestic lounge visits per calendar year at select airports.
1.5% base cashback is uncapped.
Verified 2026-07-13 against official issuer sources (agent verification pass; manual human review unavailable).
Confirmed 2026-07-13 against the live issuer page (JS-rendered via browser).
Quick answers
Is the Axis Bank ACE Credit Card lifetime free?
No, the annual fee is ₹499 (plus GST), waived on spending ₹2,00,000 a year.
What is the highest reward rate on the Axis Bank ACE Credit Card?
5% — 5% GPay bills + 4% Swiggy/Zomato/Ola (shared ₹500/mo cap). Effective value depends on monthly caps; see the caveats on this page.
Does the Axis Bank ACE Credit Card give airport lounge access?
Yes — 4 domestic visits/year.
Where the Axis Bank ACE Credit Card fits
Ranks in our: First credit cards for beginners (#3), Cashback credit cards in India (#5).
Compare it: Axis Bank ACE Credit Card vs Swiggy HDFC Bank Credit Card · Axis Bank ACE Credit Card vs Airtel Axis Bank Credit Card.
Best cards by spend: ₹15,000/month · ₹30,000/month · ₹60,000/month. Check if this card's fee is worth it.