Axis Bank Ace Credit Card | The Card with Unlimited Cashback Feature

Axis Bank Ace Credit Card

To boost the digital payments ecosystem further, Axis Bank launched a new Credit Card on Monday in collaboration with Google Pay. The Card comes powered with Visa Signature that includes perks above and beyond those offered to Visa cardholders. The new Credit Card has been named 'Ace Credit Card,' and it will enable its holders to earn a 5% reward in the form of cashback on bill payments via Google Pay. Additionally, cardholders will also get 4% to 5% cashback for spends made on daily use categories such as food ordering, online grocery delivery, cab rides for transactions made on partner merchant platforms. Details below:

    Launch Offer

    • 5% Cashback at Grofers.
    • 5% Cashback at Bigbasket.
    • The above is a limited time offer valid for transactions done till 31st December 2020.

    Unlimited Cashback

    • 5% Cashback on bill payments (electricity, internet, gas, and more), DTH and mobile recharges through Google Pay.
    • 4% Cashback at Ola.
    • 4% Cashback at Swiggy.
    • 4% Cashback at Zomato.
    • 2% Cashback on all other spendings.

    Cashback Restrictions

    - Cashback shall not be eligible for the following spends/transactions on the card:
    • Fuel Spends.
    • EMI transactions.
    • Purchases converted to EMI post facto.
    • Wallet loading transactions.
    • Cash advances.
    • Payment of outstanding balances.
    • Payment of card fees and other card charges.

    Airport Lounge Access Program

    • Cardholders can avail of 4 complimentary lounge access per year.
    • Refer to the chart below for the list of the eligible lounges as of today.
    Axis Ace Credit Card Airport Lounges

    Fuel Surcharge Waiver

    • Fuel Convenience fee waiver of 1% on all fuel transactions.
    • Applicable only for fuel transactions between Rs. 400 to Rs. 4000.
    • Maximum waiver of INR 500 per statement cycle.
    • Cashback not eligible for fuel transactions.

    Fee Structure

    • Joining Fee - Nil until 31st December 2020. Post that INR 499 + Taxes.
    • Joining Fee reversed upon spends of Rs. 10,000 within 45 days of card issuance.
    • Annual membership fee - INR 499 + Taxes.
    • Annual Fee waived off if annual spends cross Rs 2 Lakhs.


    This is a decent entry-level card with a couple of added features. The unlimited cashback feature is eye-catching and will definitely attract a good number of users. Ace card users will save 5% of bill payments transacted via Google Pay; however, Google has a very stringent set of rules that needs to be complied with for using Google Pay. A simple google search outlays this issue wherein many people got their account suspended for an activity that violated Google Pay's policy, but they are unaware of. In such an account suspension scenario, the user will lose the main feature of the card that is its center of attention.

    Should you require any further information, please do not hesitate to drop us a line in the comment section below. Alternatively, you can also write to us at

    Thanks for reading!
    Axis Bank Ace Credit Card | The Card with Unlimited Cashback Feature Axis Bank Ace Credit Card | The Card with Unlimited Cashback Feature Reviewed by Rahmat on October 12, 2020 Rating: 5

    No comments:

    Powered by Blogger.