Axis Bank ACE
Visa
Axis Bank ACE
Axis Bank · Visa
Quick answer
Axis Bank ACE by Axis Bank has an annual fee of ₹499 and APR of 45%. Best for cashback and first-card. Pay the full bill every month — carried balances cost far more than any reward.
Opens the issuer's site. MoneyRadar has no paid placement here.
Joining fee
₹499
Annual fee
₹499
Forex markup
4%
APR
45%/yr
Fee waiver: Annual fee waived on ₹2L spend a year
What you earn
- 5%5% on bill payments & recharges via Google Pay
- 4%4% on Swiggy, Zomato, Ola
- 2%1.5% unlimited on everything else
Lounge access
4 domestic visits/year
Who it's for
Minimum income ₹25,000/month · credit score 720+. For salaried, self-employed.
Income and score are screening estimates, not an approval promise. The issuer makes the final call.
Check the issuer's terms
Card rules change without much warning. We checked this snapshot on 26 July 2026. Open the issuer's current terms ↗
What's great
- Flat 1.5% cashback with no category games
- 5% on utility bills is rare
- Low annual fee, easy waiver
Watch out for
- Cashback capped on bonus categories
- Fee waiver needs steady spending
Compare head-to-head
One honest reminder: a card is only worth it if you clear the full bill every month. At 45% a year, carried balances cost far more than any reward here is worth.