Credit Cards · Honest Review

Axis Bank ACE Credit Card

Axis Bank · Visa

₹499Annual fee
2.00%Base rate
3.5%Forex markup
15KMin income/mo

Your Verdict

Axis Bank ACE Credit Card
Axis Bank · Visa
  • 2% flat cashback on all spends via Google Pay / PhonePe
  • 4% cashback on Swiggy, Zomato, and Ola
  • 5% cashback on utility bill payments via Google Pay
  • 1% fuel surcharge waiver
  • Fee waived on ?2L annual spend
₹499/yrAnnual fee
₹499
Annual fee
2.00%
Base reward rate
None
Lounge access
700+
CIBIL score
Axis ACE is the best flat-rate cashback card in India � 2% back on everything (via UPI) with 4�5% on food delivery and utility bills, and a fee that vanishes at ?2L spend.

What Axis Bank ACE Credit Card costs you

Axis Bank ACE Credit Card carries a ₹499 annual fee and a ₹499 one-time joining fee. The annual fee is waivable: Spend ?2L in a year.

FeeAmount
Annual fee (year 2+)₹499
Joining fee (one-time)₹499
Fee waiver conditionSpend ?2L in a year
Spend required for waiver2,00,000 / year
Foreign transaction fee (forex markup)3.5% per transaction

What you earn on every rupee spent

Axis Bank ACE Credit Card earns 2.00% on all eligible spends as a base reward rate, with accelerated rates on dining & food, groceries and other bonus categories listed below.

CategoryReward rate
All other spends (base rate)2.00%
🍽️ Dining & Food4%
🛒 Groceries4%
4%
Dining & Food
4%
Groceries
Welcome bonus

500 EDGE reward points on first transaction

Reward types: Cashback

Beyond the reward rate

The non-reward benefits on Axis Bank ACE Credit Card are meaningful for frequent users. Here is what you get with the card.

🛫
No lounge access
This card does not include airport lounge access.
Fuel surcharge waiver
1% fuel surcharge waiver on petrol pump transactions (standard terms apply).

Who can apply for Axis Bank ACE Credit Card

Axis Bank ACE Credit Card requires a minimum net monthly income of ₹15,000 for salaried applicants and a CIBIL score of 700 or above. It is open to salaried employees and self-employed professionals.

₹15,000
Min monthly income
700+
CIBIL score
1870
Age (years)
RequirementDetail
Minimum monthly income₹15,000
CIBIL score700+ (good to excellent)
Age range1870 years
Employment typeSalaried, Self-employed
Typical approval time3�5 working days

Who should (and shouldn't) get Axis Bank ACE Credit Card

✅ Best for
  • Heavy spenders on dining & food who want 4% back
  • Heavy spenders on groceries who want 4% back
  • Moderate spenders who can clear the fee waiver condition
⚠️ Not ideal for
  • Frequent flyers who need airport lounge access
  • International travelers — the 3.5% forex markup adds up quickly

Axis Bank ACE Credit Card — Questions answered

What is the annual fee for Axis Bank ACE Credit Card?
The annual fee is ₹499 from year 2 onwards, with a one-time joining fee of ₹499. The fee is waivable: Spend ?2L in a year.
What is the minimum income required for Axis Bank ACE Credit Card?
Salaried applicants need a minimum net monthly income of ₹15,000 and a CIBIL score of at least 700. Self-employed applicants typically need equivalent annual income proof.
What is the reward rate on Axis Bank ACE Credit Card for dining & food?
Axis Bank ACE Credit Card earns 4% on dining & food with no monthly cap. On all other spends, the base reward rate is 2.00%.
Does Axis Bank ACE Credit Card provide airport lounge access?
Axis Bank ACE Credit Card does not include airport lounge access as a standard benefit. If lounge access is a priority, consider upgrading to a premium variant or a dedicated travel card.
How do I get the annual fee waived on Axis Bank ACE Credit Card?
The annual fee on Axis Bank ACE Credit Card is automatically waived when you meet the spend threshold: Spend ?2L in a year. You do not need to call the bank — the waiver is applied to the next billing cycle once the condition is met.
How long does it take to get Axis Bank ACE Credit Card approved?
Most applications for Axis Bank ACE Credit Card are processed within 3�5 working days. Pre-approved customers may receive instant digital approval. Physical card delivery typically takes 3–5 business days after approval.
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Information on this page is gathered from public sources and the card issuer's official website. Fees and reward rates may change — verify the current terms on the issuer's website before applying. SingleVerdict may earn a referral fee if you apply through our links, which does not affect our scoring or editorial decisions.