All credit cardsRates verified 15 Jun 2026Apply on Axis Bank
Axis Bank
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 43%. Best for cashback and first-card. Pay the full bill every month — carried balances cost far more than any reward.
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Joining fee
₹499
Annual fee
₹499
Forex markup
4%
APR
43%/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.
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 43% a year, carried balances cost far more than any reward here is worth.