Is Axis ACE Credit Card worth the ₹499 annual fee?

Axis ACE Credit Card has an annual fee of ₹499. The fee can be waived if you spend ₹2l/year. With a base reward rate of 1.5% (up to 5%), 4 domestic lounge visits, and a CardTrail Score of 8.1/10, it offers good value for the price.

What is the reward rate on Axis ACE Credit Card?

Axis ACE Credit Card offers a base reward rate of 1.5% on regular spends, going up to 5% on select categories. Rewards are earned as Cashback. New cardholders also get a welcome bonus of None.

Does Axis ACE Credit Card have airport lounge access?

Yes, Axis ACE Credit Card provides 4 domestic and 0 international lounge visits per year.

What is the forex markup on Axis ACE Credit Card?

Axis ACE Credit Card charges a 3.5% forex markup on international transactions, plus 18% GST on the markup (effective rate: 4.13%). For international spends, consider zero-forex alternatives like Scapia or IDFC First Wealth.

Axis ACE Credit Card vs HDFC Tata Neu Infinity — which is better?

Axis ACE Credit Card (CardTrail Score: 8.1/10) and HDFC Tata Neu Infinity (Score: 9.1/10) are both cashback cards. Axis ACE Credit Card by Axis has a ₹499 fee with 1.5% base rewards, while HDFC Tata Neu Infinity by HDFC has a ₹1,499 fee with 1.5% base rewards. Use our comparison tool for a detailed side-by-side analysis.

Cashback

Axis ACE Credit Card

Axis

8.1

CardTrail Score

Very Good

out of 10

Net Value

9.7

Accessibility

8.5

Feature Depth

5.5

Bank Trust

8.0

How we score →

Compare This Card Full Details

Annual Fee

₹499

Spend ₹2L/year

Forex Markup

3.5%

Reward Rate

1.5%

Up to 5%

Lounge Access

domestic | 0 intl

About This Card

The Axis ACE is India's best card for bill payments — 5% cashback on utility payments through Google Pay, CRED, and PhonePe. The 2% base cashback on all other spends (above ₹200) is also among the highest in India. Zero joining fee makes it a no-brainer for everyday spending.

Pros & Cons

Pros

5% on utility bill payments — unique in India
Zero joining fee
High 2% base cashback on everything
4 domestic lounges

Cons

₹200 minimum transaction for 2% cashback
3.5% forex markup
Cashback caps apply monthly

Fee Details

Annual Fee

₹499

Joining Fee

₹499

Fee Waiver Condition

Spend ₹2L/year

Fuel Surcharge Waiver

Yes

EMI Conversion

Yes

Reward Structure

Base Rate

1.5%

Max Rate

Currency

Cashback

Welcome Bonus

None

Lounge Access

Domestic Lounges

per year

International Lounges

Key Highlights

5% on bill payments (Google Pay, CRED, PhonePe)
4% on Swiggy, Zomato, Ola
2% on everything else (above ₹200)

Compare With...

See how Axis ACE Credit Card stacks up against top alternatives

HDFC Diners Club Black

HDFC

9.1

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HDFC Tata Neu Infinity

HDFC

9.1

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IDFC FIRST Diamond Reserve Credit Card

IDFC FIRST

9.0

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