Axis BankGold

Axis Bank ACE Credit Card

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Quick facts

Axis Bank ACE Credit Card

Top reward5%

Annual fee₹499

Min income₹20,000/mo

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💰Cashback Kings

Axis Bank · Gold tier

Axis Bank ACE Credit Card

Bill pay champion

Excellent for utilities and food delivery spends.

Key Benefits

💳

5% on bill payments via Google Pay

🎁

4% on Swiggy/Zomato/Ola

⛽

2% on other spends

Annual fee

₹499

Top rate

Min income

₹20,000/mo

Eff. return

1.08%

Realistic net value (moderate user): ₹5,171/year

After ₹499 fee & ₹630 forex. Based on ₹40,000/mo spend.

12,400 users matched · Verified 2026-06-12

We earn commission if approved — at no cost to you. Zero sales calls.

Our transparency promise

✓ Reward caps shown in absolute ₹ — not just "5% cashback"

✓ Exclusions listed upfront — fuel, EMI, rent, wallet

✓ Point conversions with conservative ₹/point rates

What You Actually Earn (in ₹)

Absolute INR estimates based on your spends. Caps and exclusions applied — no marketing fluff.

Gross rewards / year

₹6,300

Before fees & forex

Costs / year

₹1,129

Fee ₹499 + forex ₹630

Net value / year

₹5,171

1.08% effective return on spend

Category-wise breakdown

Utilities & bills

Spend ₹4,000/mo · 5% cashback

₹300/year

₹25/mo

₹500 × 5% = ₹25/moCap hit at ₹500/mo — extra spend earns less

Dining & food delivery

Spend ₹4,000/mo · 4% cashback

₹240/year

₹20/mo

₹500 × 4% = ₹20/moCap hit at ₹500/mo — extra spend earns less

All other eligible spends

Spend ₹32,000/mo · 1.5% cashback

₹5,760/year

₹480/mo

₹32,000 × 1.5% = ₹480/mo

Fee waiver likely: Your ₹4,80,000/yr spend exceeds the ₹2,00,000 waiver threshold.

Estimates assume eligible spends only (exclusions per issuer T&Cs apply). Point values use typical redemption rates — actual value varies by redemption choice. Bank approval and reward crediting is at issuer discretion.

💰Cashback Kings

Flat cashback on spends — no points math

Reward Structure

Source: Axis Bank ACE T&Cs (Jun 2025 revision)

GPay utilities & recharge

Cap: ₹500/mo combined with 4% tier

Example: ₹5,004/mo spend → ≈ ₹250.20/mo (max at cap)

Swiggy, Zomato, Ola

Cap: Shared ₹500/mo cap with 5% tier

Example: ₹5,005/mo spend → ≈ ₹200.20/mo (max at cap)

All other spends

Unlimited

1.5%

Example: ₹10,000/mo spend → ≈ ₹150/mo

Domestic lounge

Select airports

4 visits/year

Excluded categories (no rewards)

FuelNon-GPay utilitiesEMIRentWallet loadJewelleryInsuranceEducation

Fee waiver at

₹2,00,000 annual spend

Best for

→ GPay bill payers
→ Swiggy/Zomato users
→ Utility-heavy households

Fees & Charges — Full Disclosure

All amounts in INR. Everything that can reduce your net value.

Joining fee

Charged in first year

₹499

Annual / renewal fee

Waived on ₹2,00,000 annual spend

₹499

Forex markup

3.5% on international transactions

Finance charges

≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid

Late payment fee

₹400–₹1,300 depending on statement balance — always pay on time

Reward redemption fee

Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee

Example: moderate user net math

Gross rewards+ ₹6,300

Annual fee− ₹499

Forex cost− ₹630

Net annual value₹5,171

Eligibility Snapshot

Public criteria from Axis Bank ACE T&Cs (Jun 2025 revision). Bank makes final decision.

Minimum age21–60 years

Min income (salaried)₹20,000/mo

Min income (self-employed)₹4,80,000/year

Employment acceptedsalaried, self employed

Credit historyNo minimum stated

CIBIL checkBank checks at application — CardHungry never pulls your score

Secured optionUnsecured card only

Card tierGold — mid-tier mass premium

Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.

FAQ

How much can I actually earn with Axis Bank ACE Credit Card?+

At moderate spend (₹40,000/mo), gross rewards are about ₹6,300/year. After the ₹499 annual fee, net value is approximately ₹5,171/year. Use the calculator above to model your own spends.

What is the minimum income for Axis Bank ACE Credit Card?+

₹20,000/month for salaried applicants (indicative — bank decides).

What spends do NOT earn rewards?+

Fuel, Non-GPay utilities, EMI, Rent, Wallet load, Jewellery, Insurance, Education.

Does CardHungry pull my CIBIL score?+

No. We use public eligibility criteria only. The bank will check CIBIL when you apply.

How do I get the annual fee waived?+

Spend ₹2,00,000 in a calendar year to get the ₹499 renewal fee reversed.