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COFFERCards. Points. Value.
Axis Bank Ace Credit Card
Axis Bank

Axis Bank Ace Credit Card

Not rated yet - COFFER rates a card only after reading every document the bank publishes for it. How we rate

Open to new applications · Earns cashback

First-year fee

₹499 to join.

Annual fee

₹499 a year.

What it gives back

1.5% cashback · everyday spends

Read from 10 Axis Bank documents, last checked 19 Oct 2026.

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How it compares

Compared with the cards we have read

₹499 annual fee: of the 273 other open cards whose annual fee we have read, 100 state a lower one, 25 state the same and 148 state a higher one.

3.5% forex markup: of the 291 other open cards whose forex markup we have read, 103 state a lower one and 188 state the same.

Fees

  • Annual fee

    ₹499 a year.

  • Joining fee

    ₹499 to join.

  • Fee waiver rule

    Joining Fee 499 (Waived on spends of ₹10000 within 45 days of Card set-up); Annual Fee 499 (Waived on spends of ₹2,00,000 in the preceding card anniversary year)

  • Add-on card fee

    ₹0Nil

Rewards

  • Reward rate

    1.5% cashback · everyday spends1.5% cashback on all other spends.

  • Fuel earning

    No cashback is earned on fuel transactions.

  • Reward earning on dining spends

    4% cashback on swiggy, zomato & ola.

  • Utilities earning

    5% cashback on Utility bill payments (electricity, internet, gas, and more) & DTH and mobile recharges on google pay.

Card benefits

  • Domestic lounge access

    Enjoy 4 complimentary lounge visits per calendar year at select domestic airports with your ACE credit card.

  • Dining programme

    Up to 15% off on dining spends, upto ₹500 monthly

Also included

  • Fuel surcharge waiver

    1% fuel surcharge waiver on fuel purchases at all fuel stations across India.

  • Purchase to EMI conversion

    Transactions of ₹2,500 or more can be converted into EMI.

Charges

  • Forex markup

    3.5% on foreign currency transactions.

  • Dynamic currency conversion markup

    3.5%3.5% on each international transaction performed in Indian currency at an international location or with merchants located in India but registered in a foreign nation

  • Cash advance fee

    2.5% (min. ₹500) of the cash amount.

  • Cash advance interest

    3.75% per month (55.55% per annum) finance charges on cash and retail purchases.

  • Interest on unpaid balance

    3.75% per month (55.55% per annum)

  • Interest-free period

    20 to 50 days interest-free when you pay in full.

  • Late payment fee

    Nil if total payment due is up to ₹500; ₹500 if total payment due is between ₹501 - ₹5,000; ₹750 if total payment due is between ₹5,001 - ₹10,000; ₹1200 if total payment due is ₹10,001 to ₹50,000; ₹1300 if total payment due is ₹50,000 and above

  • Over-limit fee

    2.5% of the over limit amount (Min ₹500)

  • Payment return or dishonour fee

    2% of the payment amount subject to Min. ₹500 on cheque return, dishonour or auto-debit reversal

  • Statement or duplicate statement fee

    Waived for a duplicate statement.

  • Card replacement fee

    Nil

  • Cash payment / cash deposit fee

    ₹175 per cash payment

  • Cheque payment / dishonour fee

    Outstation cheque fee: Waived

  • Education / school fee charge

    1% fee per transaction on education payments made via third party apps, applicable from 20th Dec, 2024

  • Fee on online skill-based gaming spends

    1% fee on cumulative spends of ₹10,000 or more on online skill based gaming platforms per statement cycle, applicable from 20th Dec, 2024

  • Reward redemption fee

    No

  • Wallet load charge

    1% fee on cumulative wallet load spends of ₹10,000 or more per statement cycle, applicable from 20th Dec, 2024

  • What the card's fee or benefit year means

    Anniversary Year is the period of 12 months from the date of issuance of the card and every 12-month period thereafter

  • Fuel transaction fee

    1% fee on cumulative fuel spends of ₹50,000 or more per statement cycle, applicable from 20th Dec, 2024

  • Rent transaction fee

    1% fee per transaction on rental transactions, applicable from 5th March 2023; GST applicable

  • Utility transaction fee

    1% fee on cumulative utility spends of ₹25,000 or more per statement cycle, applicable from 20th Dec, 2024

  • GST note

    Taxes as per government norms apply on all fees and charges

  • Minimum amount due

    Sum of all instalments, all Fees, interest / finance charges, taxes, the amount utilized over the credit limit (if any) and 2% of remaining balance outstanding, subject to a minimum of ₹100

In the terms, not the brochure (2)

  • Whether carrying a balance ends the interest-free period

    The Free Credit Period is lost if the Total Amount Due of the previous month is not paid by the Payment Due Date.

  • Spends that do not count toward the fee waiver

    Rent transactions (MCC 6513) and wallet load transactions (MCC 6540) are not counted toward the annual fee waiver.

How we know - 10 documents from Axis Bank, checked 19 Oct 2026

10 documents from Axis Bank, checked 19 Oct 2026.

  • MITC Credit Cards29 Sep 2026Proof
  • Card pageProof
  • MITCProof
  • Card terms and conditionsProof
  • Airport Lounge Access Credit CardProof
  • Fees and charges pageProof
  • Reward points termsProof
  • Lounge access termsProof
  • Key Fact StatementProof
  • Terms and Conditions Axis Bank Ace Credit CardProof

On these lists

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