Axis Ace Credit Card
Axis Bank · Visa
Why this card?
- 5% cashback on bills and recharges at Google Pay, up to ₹500 a month; 1.5% on other spends
- ₹499 joining and annual fee; renewal fee waived on ₹2 lakh yearly spend
- 4 domestic airport lounge visits a year
- 1% fuel surcharge waiver
Card details
- Issuer
- Axis Bank
- Network
- Visa
- Annual Fee
- ₹499
- Joining Fee
- ₹499
- Reward Type
- cashback
- Best Reward Rate
- 5% on bills and recharges at googlepay (capped at ₹500/month)
- Forex Markup
- 3.5%
- Domestic Lounge
- 4/yr
- Min. Monthly Income
- ₹15,000
- Rates verified
- 2026-10-06
Our verdict
Axis Ace is the best entry-level cashback card for Android users who pay bills via Google Pay — but the ₹500/month combined cap on the 5% and 4% tiers meaningfully limits peak monthly savings. At ₹499/year (waived at ₹2L spend), the 1.5% uncapped base rate makes it a solid everyday card even after the April 2024 rate cut.
Pros
- 5% on Google Pay bill payments + 4% on Swiggy/Zomato/Ola — best in the entry-level segment
- 1.5% uncapped cashback on all other spends — no category tracking needed
- 4 domestic airport lounge visits per year
- Annual fee waived at ₹2L spend — effectively free for most users
Cons
- 5% tier is Android-only — requires Google Pay app, iOS users earn only 1.5%
- ₹500/month combined cap across the 5% and 4% tiers — max ₹6,000/year on elevated rates
- Base cashback cut from 2% to 1.5% in April 2024
- 3.5% forex markup — not suitable for international use
Frequently Asked Questions
Does Axis Ace give 5% cashback on iPhone?
No. The 5% is specific to bill payments made through the Google Pay app, which only works on Android. iPhone users earn the standard 1.5% base rate on the same transactions.
Is the ₹500 cap on each tier separately?
No — the ₹500/month cap is shared across both the 5% (Google Pay bills) and 4% (Swiggy/Zomato/Ola) tiers combined. Earning ₹300 from bills in a month leaves only ₹200 more from food delivery apps.
Is the annual fee always waived at ₹2L spend?
Yes. Spend ₹2,00,000 in a card anniversary year and the ₹499 fee is fully reversed. Most regular users cross this threshold within 6–8 months.