Axis Bank Ace Credit Card
Axis Bank
The Axis Bank Ace Credit Card is a standout lifetime-free card that has disrupted the Indian credit card market with its industry-first utility bill payment cashback. The card delivers 2% cashback on utility bill payments including electricity, water, gas, and mobile recharges — categories that are often neglected by other credit cards. For a household paying ₹5,000+ monthly in utility bills, this 2% cashback represents ₹100 per month or ₹1,200 annually, making the card exceptionally valuable despite its zero annual fee. The 1.5% cashback on dining and food delivery apps (Swiggy, Zomato) covers another high-frequency spending category. The flat 0.5% cashback on all other transactions ensures no spend category is completely left out. The ₹500 Amazon discount on first transaction is a generous welcome bonus for a free card. With no annual fee ever, the Axis Ace is one of the best value propositions in the Indian credit card market, particularly for bill payers and online food orderers. Source: Axis Bank official website, updated May 2026.
Key Facts
| Feature | Details |
|---|---|
| Joining Fee | Free |
| Annual Fee | Free |
| Reward Rate | [object Object]% |
| Cashback Rate | 0% |
| Lounge Access | Yes |
Features & Benefits
Pros & Cons
- Lifetime free
- High cashback on utility bills
- Simple cashback structure
- Good for bill payments
- No lounge access
- Low cashback rate on general spend
- No premium travel benefits
How to Apply
Review the eligibility criteria below and ensure you meet the income and credit score requirements.
Click "Apply Now" and fill in your personal, income, and KYC details online.
The bank reviews your application and approves within 2–5 working days. Card arrives in 3–7 days.