Axis ACE
Axis Bank · Visa — Cashback on utilities, fuel and select spends with low fee.
Last Updated: 2026-07-14
Annual Fee
₹499
Joining Fee
₹499
Forex Markup
3.5%
Reward Type
cashback
Overview
Cashback on utilities, fuel and select spends with low fee.
Utility + bill cashback
Features & Benefits
- Welcome: Welcome cashback offer-led
- Milestones: Fee waiver
- Lounge: No
- Railway lounge: No
- Golf: No
- Insurance: Standard
- Concierge: No
- Fuel: Fuel surcharge waiver
- Dining: Partner dining
- Movies: Partner offers
- Travel: Standard
- EMI: Yes
Reward Structure
| Category | Reward % | Notes |
|---|---|---|
| Online Shopping | 1.5% | — |
| Grocery | 1.5% | — |
| Dining | 1.5% | — |
| Fuel | 1% | — |
| Travel | 1.5% | — |
| Utility Bills | 5% | Monthly cap |
| Entertainment | 1.5% | — |
| UPI | Excluded | — |
| Insurance | 1.5% | — |
| Rent (Optional) | Excluded | — |
Excluded: Rent, Wallet loads
Fees & Charges
- Renewal waiver: Waived on spend criteria
- Interest: ~3.6% per month
- Cash advance: 2.5%
- Late fee: As per Axis
- Over-limit: As per Axis
Eligibility
- Credit score: 700+
- Min income: ₹25,000/mo
- Employment: both
- Age: 21–65
Pros
- ✓ Utility cashback
- ✓ Low fee
- ✓ Simple for bills
Cons
- • Not a travel card
- • Caps apply
- • Average forex
About Axis ACE
Credit-card detail or category comparison to match rewards with your spending.
How it works
Scan fees, rewards and eligibility, then compare against alternatives on the cards hub.
Practical tips
Check milestone and welcome benefit timelines before you switch.
Important to know
Issuer terms change — verify on the bank site.
Frequently Asked Questions
- What are the key benefits of Axis ACE?
- Cashback on utilities, fuel and select spends with low fee. Highlights: Utility + bill cashback. Lounge: No.
- What is the annual fee for Axis ACE?
- Joining fee ₹499 and annual fee ₹499. Waiver: Waived on spend criteria.
- Who is eligible for Axis ACE?
- Typical guide: credit score 700+, income from ₹25,000/mo, age 21–65, employment: both. Final approval is with the issuer.
- Does Axis ACE have forex markup?
- Indicative forex markup is 3.5%. Always confirm current markup on the issuer site.
- How do I apply for Axis ACE?
- Use the official apply link on this page and complete KYC with the issuer. EnrichReturns does not process applications.