Axis Bank ACE Credit Card Review

20.06.2025 03:44 PM - Comment(s)

Axis Bank ACE Credit Card

Financial Expert Advice

Choose Your First (or Next) Credit Card Wisely

"Limit yourself to holding two credit cards A/C—one for daily expenses and auto-debits, and another reserved for emergencies.

Avoid chasing cashback, miles, rewards or Investments, as this can distract from sound financial management;

and lead to unnecessary debt. Focus on stability & discipline."

Axis Bank ACE Credit Card Review
"Rewarding and seamless"

Introduction

The Axis Bank ACE Credit Card has established itself as one of India’s most popular cashback credit cards, targeting digital-first users who want to maximize value on everyday expenses. With high cashback rates on utility bill payments, food delivery, and ride-hailing, plus complimentary lounge access and dining discounts, the ACE Card is an attractive option for those seeking tangible savings on routine spends.

Key Features and Benefits

Reward Structure

Utility Bills, DTH, Mobile Recharges: 5% cashback (capped at ₹500/statement cycle) – Only via Google Pay (Android)
Swiggy, Zomato, Ola: 4% cashback (capped at ₹500/statement cycle).
All Other Eligible Spends: 1.5% cashback (uncapped).

*No cashback on fuel, EMIs, wallet loads, rent, gold/jewellery, insurance, education, government services, or utility spends outside Google Pay.

Dining Benefits

Up to 15% off at over 4,000 partner restaurants in India through the Dining Delights program..

Milestone Benefits

No specific milestone rewards, but annual fee is waived on spends above ₹2 lakh per year.

Fuel Surcharge Waiver

1% waiver on fuel transactions between ₹400–₹4,000 (max ₹500 per statement cycle).
No cashback earned on fuel spends.

Annual Fee

Annual Fee: ₹499 + GST.

Struggling to keep up with mounting credit card bills?

click here See how CDMS can guide you toward relief and a fresh financial start.

Card Essential

Type	Cashback
Welcome Benefits	--------
Annual Fee	₹499 + GST
Reward Structure	Cashback on online shopping
Renewal Benefit	Spend ₹2 Lakh+ annually, get your renewal fee waived.

Rewards and Benefits Analysis

The ACE Card stands out for its high 5% cashback on utility bills and mobile/DTH recharges via Google Pay—a category most cards ignore. The 4% cashback on food delivery and Ola rides is also market-leading. The base 1.5% cashback on all other spends is uncapped and among the best for a low-fee card. However, the cap of ₹500 per statement cycle on 5% and 4% cashback categories means high spenders may hit limits quickly.

Practical Considerations

5% cashback on bills is only available for Android users via Google Pay; iPhone users cannot maximize this benefit.
No cashback on wallet loads, EMIs, fuel, rent, or certain other categories.
Lounge access requires minimum spends in the prior 3 months.
Cashback is automatically credited to your card statement, simplifying redemption.

Redemption Options

Cashback is auto-credited to your card statement each month.

Ideal User Profile

Urban professionals and families with regular utility bills and food delivery spends.
Users comfortable using Google Pay (Android) for bill payments.
Cardholders seeking a low-fee, high-reward cashback card.

Final Thoughts

The Axis Bank ACE Credit Card remains one of the best cashback cards for everyday digital spends in India. Its high rewards on bill payments and food delivery, uncapped base cashback, and valuable lifestyle perks make it a top pick for most households. However, Android users benefit the most, and those with large utility bills should be mindful of monthly caps. For the annual fee, the value delivered is exceptional for regular spenders.

Additional Tips for Potential Applicants

Use Google Pay (Android) for all bill payments to maximize 5% cashback.
Track monthly caps on 5% and 4% cashback categories to optimize rewards.
Use the card for travel, dining, and daily spends, but avoid fuel, wallet loads, and EMI conversions for maximum benefit.

This review provides a balanced view of the card's strengths and weaknesses, helping readers make informed decisions about whether The Axis Bank ACE Credit Card aligns with their

spending habits and financial goals.

! Disclaimer - We strive for accuracy, but this content is for informational purposes only. For the latest product details and offers, please check the official site directly.

Author And Publisher: Gyro 3.o

Financial Insights Engine Cashon.Cards

https://www.cashon.cards/

Gyro - Your Financial Compass Is A Constantly Updating Financial Insights Engine That Aggregates Data From Various Sources To Provide Up-To-Date insights On Banking Products. Cashon.cards Offers Blogs, Videos, And Podcasts To Help Users Make Informed Financial Decisions.