CheQ Credit Card
Rs 499Annual fee
Rs 3,00,000Fee waiver spend
0Domestic lounge
3.49%Forex markup
Best for
Cashback, Cheq, Travel, UPI, Utility Bills, Amazon
Top rewards
Select Brands On CheQ (Amazon, Flipkart, Zomato, BigBasket, Apple Via Unicorn): 24 CheQ Points per ₹200 spent; CheQ Travel Bookings And Utility Bill Payments On CheQ App: 24 CheQ Points per ₹200 spent; Other Eligible Shopping, Dining, Food Delivery, And Online Grocery Spends: 10 CheQ Points per ₹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 | CheQ Credit Card | ACE Credit Card |
|---|---|---|
| Issuer | AU Small Finance Bank | Axis Bank |
| Network | Visa, RuPay | Visa |
| Joining fee | Rs 499 | Rs 499 |
| Annual fee | Rs 499 | Rs 499 |
| Fee waiver spend | Rs 3,00,000 | Rs 2,00,000 |
| Reward type | Cashback And CheQ Points | Cashback |
| Best for | Cashback, Cheq, Travel, UPI, Utility Bills, Amazon | Cashback, Utility Bills, Food Delivery, Ola, Everyday Spends |
| Top reward categories | Select Brands On CheQ (Amazon, Flipkart, Zomato, BigBasket, Apple Via Unicorn): 24 CheQ Points per ₹200 spent; CheQ Travel Bookings And Utility Bill Payments On CheQ App: 24 CheQ Points per ₹200 spent; Other Eligible Shopping, Dining, Food Delivery, And Online Grocery Spends: 10 CheQ Points per ₹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 | 3.49% | 3.5% |
| Milestone benefits | Not Listed | Not Listed |
| Redemption | Statement credit: upto ₹ 0.25 per point | Statement credit: upto ₹ 1 per point |
| Key exclusions | Fuel purchases, Education spends, Gold purchases, Gambling transactions, Insurance payments, Utility payments made outside the CheQ app | fuel spends, rental payments, wallet loading transactions, insurance premium payments, educational services, government services |