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IDFC FIRST Millennia vs Axis Bank ACE

Quick answer

IDFC FIRST Millennia wins this comparison on 3 of 6 measures — fees, rewards, lounge, forex and APR. But pick based on how you actually spend; the card that wins on your top category beats the overall winner.

Axis Bank

Axis Bank ACE

Visa

Rates verified 15 Jun 2026

Our pick

IDFC FIRST Millennia edges it for most people.

It wins on 3 of 6 measures. But if you spend heavily on cashback, the other one may still be the smarter call — check the row that matters most to you.

FeatureIDFC FIRST MillenniaAxis Bank ACE
Annual feeFree₹499
Top reward rate3%5%
Lounge visits/yr44
Forex markup4%4%
APR (per year)42%43%
Min income/mo₹20,000₹25,000