Axis ACE Credit Card Review

Axis Ace Credit Card Review
Axis Ace Credit Card Review

Paying bills every month is an expensive affair that we cannot avoid. Not to mention the late payment charges and steep interest rates that come with it. But what if you get a great deal of cashback and rewards every time you pay your bills? It can be quite fruitful. Well, that’s what the Axis ACE credit card offers.

The Axis ACE credit card comes with exclusive privileges and rewards for its users; something the industry has never seen before in this segment. If you are in search of a credit card that rewards you for paying your bills timely, then let’s see if the Axis ACE credit card is worth your time or not in this review. Here you can also check the Review of Flipkart axis bank credit card with cashback and HDFC Millennia credit card benefits & charges.

Axis ACE Credit Card
Axis ACE Credit Card

Fees and Charges

LabelFees
Joining Fees Rs.499 (reversed upon spending of Rs.10,000 within 45 days of card issuance.
Annual Fees Rs.499 (Can be waived off of yearly expenditure of more than Rs.2,00,000).

Pros and Cons

Axis Bank has partnered with Google Pay for the Axis ACE credit card. So every time you pay your bills and recharge your gadgets, you will receive cashback. It is a great entry-level card for anyone who wants to enter the world of credit cards but doesn’t know which one to choose.

Axis ACE credit card is hosted on the Visa Signature platform network and has contactless payments for easy accessibility. Apart from its benefits, the card looks classic with chic abstract art.

Pros
  • Axis ACE credit card offers the highest cashback in the industry —5% on utility spending.
  • It covers almost every utility category such as electricity, gas, internet, DTH, and mobile recharge.
  • Apart from the rewards on utility bills, it offers complimentary domestic lounge access.
  • You can get a 1% fuel surcharge waiver on fuel transactions across India.
Cons
  • The exclusive cashback is only applicable on Google Pay on Android devices.
  • Absence of welcome benefits.
  • High international transaction fees
  • You won’t get any complimentary international lounge access.
  • No cashback on EMI transactions.

Rewards and Cashback

Axis ACE credit card offers you a considerable amount of cashback and other rewards as well.

1. Cashback

If you are tired of paying your bills and want to earn something out of it, the Axis ACE credit card is the ideal choice for you. It offers 5% cashback on every bill payment via Google Pay (on Android).

Also, if you love food delivery, then you can expect 4% cashback from Swiggy and Zomato along with the same amount on Ola for your cab bookings.

If you are shopping from any other vendor, you will earn 2% on all additional spending. The best thing is that the Axis ACE credit card comes with no limit on cash back earned during a billing period.

2. Fuel Surcharge Waiver

Axis ACE credit card allows you to save money on fuel transactions with a 1% fuel surcharge waiver from any fuel station across India. You can avail the fuel surcharge waiver for transaction amounts between Rs.400-4000. The maximum benefit you can get is up to Rs. 500 per month.

3. Complimentary Access To Domestic Airport Lounges

Travelling is an expensive affair, but Axis ACE credit card helps you in making that easier. You will get 4 complimentary lounge access in domestic airports.

Who Should Get the Axis ACE Credit Card?

If you are in search of a card that offers you a good number of benefits and crazy high cashback rates, then the Axis ACE is the right option for you in the entry-level credit card segment. However, if you are a frequent international traveler, this might not be the best option for you. You will earn a 2% flat cashback on all transactions credit card, and it would make sense to go for a premium travel credit card.

Eligibility Criteria

There are certain conditions that you must fulfill if you want an Axis ACE credit card. They are as follows:

1. Age

18-70 years

2. Nationality

The individual should be a resident of India.

3. Documents

  • Photocopy of PAN card.
  • Color photograph
  • Latest payslip/Bank statement/Form 16/IT return copy as proof of income

Residence proof (Any one of the following)

  • Passport
  • Driving License
  • Voter ID Card
  • Aadhaar Card

Identity Proof

  • Passport
  • Driving License
  • Voter ID Card
  • Aadhaar Card
  • PAN Card

Ratings

Source: Axis Bank

Cashback and Rewards: 4/5

Fees and charges: 4/5

Eligibility: 3/5

Overall: 4/5

Conclusion

The Axis ACE is the best credit card you can get in the entry-level segment. There are not a lot of options that offer 2% cashback as their base reward rate. If we consider the joining and renewal fees, it is nominal for everyone. However, the process of acceptability can be a hassle. Overall this is the best credit card for anyone looking for a sound beginner-level credit card. Also, check SBI simply click credit card review.

FAQs

Has Axis ACE card been discontinued?

Is the Axis Bank ACE credit card good?

What is the minimum salary for Axis ACE credit card?

I am a Non-Resident Indian (NRI). Can I apply for Axis ACE Credit Card?

Is there any joining fee I will have to pay on applying for Axis ACE Credit Card?

Yes, the Axis ACE credit card has a joining fee of Rs 500 + GST.

Does the Axis Bank ACE Credit Card offer a fuel surcharge waiver?

Yes, the Axis Bank ACE credit card offers a 1% fuel surcharge waiver on all fuel purchases across stations in India.

Can I apply for an Axis Bank ACE Credit Card online?

Yes, you can apply via BankKaro by visiting the Axis Bank card page.

How can I increase my Axis Bank ACE credit card limit?

To request for a credit card limit upgrade on your Axis Bank ACE credit card, you can use the following ways:

  1. Axis Mobile App: Login > Credit Card > Select Card > Total Controls > Check for Limit increase
  2. Internet Banking: Login > Accounts > My Credit Cards > Limit Enhancement > Check for Limit increase
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