Axis Ace Credit Card (2026) Review

The Axis Bank ACE is a cashback card from Axis Bank on the Visa network, aimed at everyday spending: 5% cashback on bill payments and recharges made through Google Pay, 4% on Swiggy, Zomato and Ola, and an unlimited flat rate on everything else. We score it 2.6 out of 5, and it is the card we point at first among the best cashback credit cards.

At a glance

Joining fee	₹499
Annual fee	₹499 + GST
Fee waived at	₹2,00,000 annual spend
Effective return	2.2%
Forex markup	3.50%
Lounge access	4 domestic · 0 international
Minimum income	₹3,60,000/yr
Minimum credit score	720+
Best for	Everyday cashback on bills and food delivery

Updated 15 Aug 2026 · axisbank.com

Our verdict

The best flat-rate cashback card in India. The unlimited 2% base is what makes it work — you never have to think about categories, which is worth more in practice than a higher capped rate.

How we scored it

Credsir rating: 2.6 out of 5. Rewards 2.2, fees 4.9, perks 0.4, accessibility 4.3.

Rewards carry 40% of the weight, perks 25%, fees 20% and accessibility 15%. The score is computed from the fields above, not assigned. See the full method on our methodology page.

What works, what does not

What works

Unlimited 2% cashback on everything else — the highest flat base rate at this fee level
Cashback credited automatically, no redemption needed
Low fee, easily waived

What does not

The 5% category is capped per cycle
Bill payments must route through Google Pay to earn the top rate
Modest lounge allocation

The full cost

Charge	Amount
Joining fee	₹499
Annual fee	₹499
GST on annual fee (18%)	₹90
Total annual cost	₹589
Fee waiver threshold	₹2,00,000 annual spend
Forex markup	3.50% + GST on the markup
Fuel surcharge waiver	Yes, 1% (capped)
Finance charge if you revolve	Typically 3.5%/month — about 42% a year

Updated 15 Aug 2026 · axisbank.com

The 18% GST on the annual fee is the number most comparisons quietly omit. A ₹2,500 card actually costs ₹2,950 a year. Factor that in before deciding whether the rewards clear the bar. If you want to test that against your own spending, the credit card reward value calculator works out the net figure after the fee and its GST.

Compare with

Card	Issuer	Rating	Effective return	Annual fee
SBI Cashback Credit Card	SBI Card	3.2/5	4.2%	₹999
Tata Neu Infinity HDFC Bank Credit Card	HDFC Bank	3.2/5	2.8%	₹1,499
HDFC Bank Millennia Credit Card	HDFC Bank	2.8/5	2.4%	₹1,000

Effective reward rate is our own blended estimate for a typical spend mix — not the accelerated rate an issuer advertises on one category. Annual fees are shown before the 18% GST that is charged on top. Verify current terms on the issuer’s site before applying; card terms change without notice.

Eligibility

Age	21–60 years (typical)
Income	₹3,60,000/yr
Credit score	720+
Documents	PAN, Aadhaar, income proof
Welcome benefit	None

Since approval turns on a 720+ bureau score, it is worth reading where your credit score stands before you apply — a declined application is itself a hard enquiry.