Axis Ace Credit Card Review

Axis Ace credit card is a darling of all cashback lovers with its best-in-class unlimited 2% cash back on offline spending and 5% on paying bills via Google Pay.



Here's an updated review of its benefits amid all the devaluations!

Charges and Welcome Benefits​

Joining Fees	₹499 + GST
Welcome Benefits	NIL
Annual Fees	₹499 + GST
Annual Fee Waiver	Spend ₹2L on your card in a year for an annual fee waiver*.
Add-on Fees	NIL
Card Category	Cashback

• *Rental and Wallet Transactions not included in annual fee waiver.

Reward Rate​

Spends Area	CashbackRate	Capping
Bill Payments on Google Pay (Electricity, Internet, Gas, DTH, and Mobile Recharges)	5%	Maximum cashback of ₹500 per statement cycle.
Swiggy, Zomato and Ola	4%	Same as above combined capping.
Other Spends*	2%	NIL

• *Cashback cannot be earned on transactions made on Educational Services, Fuel Spends, Rental Payments, Insurance Premium Payments, EMI transactions or purchases converted to EMI, Wallet loading transactions, Govt Payments and Gold/Jewelry Purchases
• Cashback earned for the purchases during the current billing cycle will be credited in the next billing cycle 3 days before the statement generation date
• No cash-back redemption fee is applicable

This card is still a leader for offline spending since it offers 2% unlimited flat statement credit at such a low fee point. This credit card has one of the most clean statements I have ever seen regarding cashback calculations.

Other Benefits​

Airport Lounge Access​

Domestic Airport Lounge Access
Complimentary Limit – 4 Visits/ Calendar year within India only for primary cardholders.
Access Via – Credit Card
Network – Visa Signature/ MasterCard World

Fuel Surcharge Waiver​

1% waiver for transactions between ₹400 to ₹4000. Maximum surcharge waiver of ₹500 per statement cycle.

Forex Markup​

Forex markup charges are applicable of 3.5%+GST.

TechnoFino Maximum​

Paying bills of ₹10,000 on the Google Pay app or using the card on select merchants ₹12,500 will maximize your savings of ₹500 per month. Rest the card can be used on all offline and online merchants for unlimited 2% cashback.

TechnoFino Recommends​

Amid all the devaluations this card still has some steam left especially the 2% unlimited cashback on offline spending. At such a low fee point, easy to achieve fee waiver, and reasonable cappings on a usually low rewarding category like bill payments this card is a showstopper as of now.

Currently, the Axis Bank credit card is being issued only by Google Pay on an invite-only basis. You can also apply it on the Axis Bank mobile app if you have a pre-qualified offer. I had used this card quite extensively along with Axis Flipkart since its launch but got rid of them in 2023 when I started transitioning to travel credit cards. A word of caution for Apple users since GPay doesn't support bill payments using a credit card on iOS.

Are you holding the Axis Ace Credit Card? Tell us in the comments below about your experience.

 

[hakunamatata]

*Reward rate - Other Spends - 2%

 

[James]

Axis Ace credit card is a darling of all cashback lovers with its best-in-class unlimited 2% cash back on offline spending and 5% on paying bills via Google Pay.



Here's an updated review of its benefits amid all the devaluations!

Charges and Welcome Benefits​

Joining Fees	₹499 + GST
Welcome Benefits	NIL
Annual Fees	₹499 + GST
Annual Fee Waiver	Spend ₹2L on your card in a year for an annual fee waiver*.
Add-on Fees	NIL
Card Category	Cashback

• *Rental and Wallet Transactions not included in annual fee waiver.

Reward Rate​

Spends Area	CashbackRate	Capping
Bill Payments on Google Pay (Electricity, Internet, Gas, DTH, and Mobile Recharges)	5%	Maximum cashback of ₹500 per statement cycle.
Swiggy, Zomato and Ola	4%	Same as above combined capping.
Other Spends*	1%	NIL

• *Cashback cannot be earned on transactions made on Educational Services, Fuel Spends, Rental Payments, Insurance Premium Payments, EMI transactions or purchases converted to EMI, Wallet loading transactions, Govt Payments and Gold/Jewelry Purchases
• Cashback earned for the purchases during the current billing cycle will be credited in the next billing cycle 3 days before the statement generation date
• No cash-back redemption fee is applicable

This card is still a leader for offline spending since it offers 2% unlimited flat statement credit at such a low fee point. This credit card has one of the most clean statements I have ever seen regarding cashback calculations.

Other Benefits​

Airport Lounge Access​

Domestic Airport Lounge Access
Complimentary Limit – 8 Visits/ Calendar year within India only for primary cardholders.
Access Via – Credit Card
Network – Visa Signature/ MasterCard World

Fuel Surcharge Waiver​

1% waiver for transactions between ₹400 to ₹4000. Maximum surcharge waiver of ₹500 per statement cycle.

Forex Markup​

Forex markup charges are applicable of 3.5%+GST.

TechnoFino Maximum​

Paying bills of ₹10,000 on the Google Pay app or using the card on select merchants ₹12,500 will maximize your savings of ₹500 per month. Rest the card can be used on all offline and online merchants for unlimited 2% cashback.

TechnoFino Recommends​

Amid all the devaluations this card still has some steam left especially the 2% unlimited cashback on offline spending. At such a low fee point, easy to achieve fee waiver, and reasonable cappings on a usually low rewarding category like bill payments this card is a showstopper as of now.

Currently, the Axis Bank credit card is being issued only by Google Pay on an invite-only basis. You can also apply it on the Axis Bank mobile app if you have a pre-qualified offer. I had used this card quite extensively along with Axis Flipkart since its launch but got rid of them in 2023 when I started transitioning to travel credit cards. A word of caution for Apple users since GPay doesn't support bill payments using a credit card on iOS.

Are you holding the Axis Ace Credit Card? Tell us in the comments below about your experience.

Yes, I have it. It's very useful for that 2% cashback. Now, I got airtel.

 

[the_dark_knight]

One axis bank credit card sales agent of my home branch told me this -- Axis is planning to discontinue this card soon and may provide other variant replacement card to existing cardholder.
Don't know if its true, just FYI

 

[codenerd]

Can anyone tell. Me if i apply this card using my sister's GPAY using her phone email and PAN, can I transfer the card to my number and PAN if possible? These axis people rejected dmy application 8 months back due to wrong address and since then I can't apply for this card.

 

[D₹V]

Can anyone tell. Me if i apply this card using my sister's GPAY using her phone email and PAN, can I transfer the card to my number and PAN if possible? These axis people rejected dmy application 8 months back due to wrong address and since then I can't apply for this card.

PAN can't be transferred bro 😂🤷.

No. & Email can be changed.

 

[codenerd]

PAN can't be transferred bro 😂🤷.

No. & Email can be changed.

Yeah i mean i know about PAN not being transferred but still wanted to know by hook or by crook if someway I am able to transfer. So if I transfer phone and email, will I be abel to use GPAY of my number or have to keep using my sister's number with the new axis ace card?

 

[D₹V]

Yeah i mean i know about PAN not being transferred but still wanted to know by hook or by crook if someway I am able to transfer. So if I transfer phone and email, will I be abel to use GPAY of my number or have to keep using my sister's number with the new axis ace card?

Use your PAN & her number.

Later get it changed to yours.

And for GPay, MCC matters. You can use it in any account.

 

[tec14]

No doubt the card is quite good, but the real issue is being able to get it.

 

[Slayer]

Yes, I have it. It's very useful for that 2% cashback. Now, I got airtel.

How did you get airtel card offer?

 

[James]

How did you get airtel card offer?

I have one Airtel number and jio number. I didn't get offer on my airtel number. I logged in to airtel thanks app from my jio number and applied and got it. So, as many people say, don't wait for offer. Apply from alternate number if you want the card

 

[rakkuvgd]

One axis bank credit card sales agent of my home branch told me this -- Axis is planning to discontinue this card soon and may provide other variant replacement card to existing cardholder.
Don't know if its true, just FYI

I got ace approved last day.

 

[Akash777]

Airport Lounge Access​

Domestic Airport Lounge Access
Complimentary Limit – 8 Visits/ Calendar year within India only for primary cardholders.

Is it 8 Airport Lounge access Or 4 access/ year? Because earlier it was 4 only.

 

[mechanism_chronically]

Is it 8 Airport Lounge access Or 4 access/ year? Because earlier it was 4 only.

Yes, for old users its still 4 per year, new users can check in dremfolks website.

 

[Calm Radiance]

ACE has lost its charm post devaluation, there is no cashback for education, govt. services, rent, insurance etc which was present previously, planning to close this card as the fees paid is not worth though will miss the 2% offline cashback.

 

[Farhad sekh]

If I pay West Bengal electricity bill payment on WBSEDCL website will I get 2% Cashback?
Or will it be counted under govt service?

CAN ANYONE CONFIRM THIS?

 

[4uziaul]

If I pay West Bengal electricity bill payment on WBSEDCL website will I get 2% Cashback?
Or will it be counted under govt service?

CAN ANYONE CONFIRM THIS?

Depends on the MCC.

 

[Sai Ganesh]

I have one Airtel number and jio number. I didn't get offer on my airtel number. I logged in to airtel thanks app from my jio number and applied and got it. So, as many people say, don't wait for offer. Apply from alternate number if you want the card

have u registered in airtel app using your jio number ?

If so how did u do bro ?

 

[James]

have u registered in airtel app using your jio number ?

If so how did u do bro ?

Have you tried?. Just login using your jio number and apply

 

[mayank_i]

I am getting KYC error on KYC screen of Axis bank after entering aadhar card number and OTP