Neo Credit Card
Rs 250Annual fee
0Domestic lounge
3.5%Forex markup
Best for
Zomato, Blinkit, Bookmyshow, Utility Bills
Top rewards
Eligible Spends: 1 EDGE REWARD Point / ₹200 spent
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 ₹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 | Neo Credit Card | ACE Credit Card |
|---|---|---|
| Issuer | Axis Bank | Axis Bank |
| Network | RuPay, Visa | Visa |
| Joining fee | Rs 250 | Rs 499 |
| Annual fee | Rs 250 | Rs 499 |
| Fee waiver spend | - | Rs 2,00,000 |
| Reward type | EDGE Reward Points And Merchant Discounts | Cashback |
| Best for | Zomato, Blinkit, Bookmyshow, Utility Bills | Cashback, Utility Bills, Food Delivery, Ola, Everyday Spends |
| Top reward categories | Eligible Spends: 1 EDGE REWARD Point / ₹200 spent | 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 | Not Listed | Not Listed |
| Redemption | Air miles: upto ₹ 0.1 per point; Statement credit: upto ₹ 0.2 per point | Statement credit: upto ₹ 1 per point |
| Key exclusions | Fuel transactions, Rent payments, E-wallet loading transactions, Insurance premium payments, Utilities and telecom spends, Government services spends | fuel spends, rental payments, wallet loading transactions, insurance premium payments, educational services, government services |