Cashback Credit Card
Rs 1,000Annual fee
Rs 4,00,000Fee waiver spend
0Domestic lounge
3.5%Forex markup
Best for
cashback, online spends, retail, travel, utility bills
Top rewards
Online spends (tiered up to 7%): 7% cashback on online spends (2% under Rs 5k, 5% up to Rs 40k, 7% above Rs 40k); Offline retail spends: 0.75% cashback on offline spends; Travel spends (online and offline): 0.75% cashback on travel spends
Axis Bank ACE Credit Card
Rs 499Annual fee
Rs 2,00,000Fee waiver spend
4Domestic lounge
Domestic lounge conditions
- Complimentary domestic lounge access is subject to a spend threshold of Rs 50,000 in the previous three calendar months (effective 1st May 2024). Spend criteria is waived for the month of card issuance and the next three months.
3.5%Forex markup
Best for
cashback, utility bills, food delivery, ola, everyday spends
Top rewards
Utility bill payments and recharges on Google Pay: 5% cashback; Swiggy, Zomato, and Ola: 4% cashback; Other eligible spends: 1.5% cashback
| Feature | Cashback Credit Card | Axis Bank ACE Credit Card |
|---|---|---|
| Issuer | Axis Bank | Axis Bank |
| Network | Visa | Visa |
| Joining fee | Rs 1,000 | Rs 499 |
| Annual fee | Rs 1,000 | Rs 499 |
| Fee waiver spend | Rs 4,00,000 | Rs 2,00,000 |
| Reward type | cashback | cashback |
| Best for | cashback, online spends, retail, travel, utility bills | cashback, utility bills, food delivery, ola, everyday spends |
| Top reward categories | Online spends (tiered up to 7%): 7% cashback on online spends (2% under Rs 5k, 5% up to Rs 40k, 7% above Rs 40k); Offline retail spends: 0.75% cashback on offline spends; Travel spends (online and offline): 0.75% cashback on travel spends | Utility bill payments and recharges on Google Pay: 5% cashback; Swiggy, Zomato, and Ola: 4% cashback; Other eligible spends: 1.5% cashback |
| SmartBuy / accelerated caps | Not listed | Not listed |
| Domestic lounge | 0 | 4 |
| International lounge | 0 | 0 |
| Forex markup | 3.5% | 3.5% |
| Milestone benefits | Annual fee waived on spends of Rs 4 lakh or more in a card anniversary year | Not listed |
| Redemption | Statement credit: upto Rs 1 per point | Statement credit: upto Rs 1 per point |
| Key exclusions | Fuel transactions, Rent payments, E-wallet loading transactions, Insurance premium payments, Educational institution payments, Purchase of gold or jewellery | fuel spends, rental payments, wallet loading transactions, insurance premium payments, educational services, government services |