Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
If you are looking for a credit card that offers cashback on your spends, then you can opt for the Axis Bank ACE Credit Card. This credit card provides you with a host of benefits including 5% cashback on the payment of bills and phone, DTH, or other recharges through Google Pay and 2-4% cashback on other types of spends. You can apply for this credit card by visiting Axis Bank’s official website.
Some of the reasons why it is a good option to apply for Axis Bank ACE Credit Card are:
Given below are the features and benefits of Axis Bank ACE Credit Card:
You will be able to enjoy cashback as per the scheme where on paying your bills or getting a recharge done, a certain sum of money will be credited to your credit card account.
You will also be able to enjoy the privilege of up to 4 complimentary accesses to domestic airport lounges in a calendar year upon using the Axis Bank ACE Credit Card.
Save big with 1% fuel surcharge waiver if you pay through your ACE Credit Card in any fuel station in India. The fuel surcharge waiver will be applicable for transaction amounts between Rs.400 and Rs.4,000 where the maximum benefit you will be able to avail on a monthly basis is up to Rs.500.
Unlock up to 20% discount on your dining bills if paid through the ACE Credit Card, applicable at more than 4,000 partner restaurants in India.
Transactions of Rs.2,500 and above done from the ACE Credit Card can be converted into equated monthly instalments (EMI).
The eligibility criteria for the application of Axis Bank ACE Credit Card are given below:
Given below are the documents you will have to submit while applying for Axis Bank ACE Credit Card:
| Category | Documents to be submitted |
|---|---|
| Proof of residence | You can submit any one of the following documents:
|
| Proof of address | You can submit any one of the following documents:
|
| Other documents |
|
| Description | Charges |
|---|---|
| Joining Fee |
|
| Annual Fee |
|
| Add-on Card- Joining and Annual | NIL |
| Fee charged for replacement of card | Waived off |
| Cash payment fee | Rs.100 |
| Fee for duplicate statement | Waived off |
| Copy request fee | Waived off |
| Outstation cheque fee | Waived off |
| Mobile alerts for transactions made | Free |
| Charges for balance enquiry | Waived off |
| Finance charges | 3.4% per month |
| Fee for withdrawal of cash | 2.5% of the cash amount subject to a minimum amount of Rs.500 |
| Late payment fees |
|
| Over limit penalty | 3% of the over limit amount subject to a minimum amount of Rs.500 |
| Cheque dishonor or return, or auto-debit reversal | 2% of the amount subject to a minimum of Rs.450 |
| Surcharge on purchase or cancellation of railway tickets | As prescribed by IRCTC |
| Fee for foreign currency transaction | 3.5% of the total amount transacted |
| Details | Annual spends (in Rs.) | Cashback (in Rs.) | Discount or benefits (in Rs.) |
|---|---|---|---|
| Payment of utility bills and recharge through Google Pay | 30,000 | 1,500 | Nil |
| Online food delivery through Swiggy and Zomato | 36,000 | 1,440 | Nil |
| Ride sharing through Ola | 24,000 | 960 | Nil |
| Other spends made using ACE Credit Card | 66,000 | 1,320 | Nil |
| Visits to airport lounge | Nil | Nil | 4,000 |
| Spends on purchasing fuel | 24,000 | Nil | 240 |
| Dining spends | 24,000 | 480 | 6,000 |
| Reversal of the joining fee | Nil | Nil | 499 |
| Waiver of the annual fee | Nil | Nil | 499 |
| Total annual spends | 2,04,000 | 5,700 | 11,238 |
| Total annual benefits | - | - | 16,938 at 8.3% |
Online
Given below are the steps you will have to follow to apply for Axis Bank ACE Credit Card
Offline
You can visit the nearest Axis Bank branch along with all the necessary documents. A representative from the bank will help you with the process of applying for the Axis Bank ACE Credit Card.
This credit card is for those who are residents of India. If you are not a resident of India then you are not eligible for Ace Credit Card.
In case you lose your credit card, you must immediately contact the Axis credit card customer care and ask for your card to be blocked.
You can get your credit card replaced via net banking. You can also contact the bank’s customer care executive and request for a replacement of your credit card. You can also visit the nearest Axis Bank to get your credit card replaced.
There will be no joining fee charged for applications received until 28 February 2021. However, applications received after the aforementioned date, a joining fee of Rs.499 will be chargeable.
You will receive 5% cashback on paying bills through Google Pay using your Ace Credit Card.
Yes. With the Axis Bank ACE Credit Card, you get a 1% fuel surcharge waiver at fuel stations all over India.
Yes. The transactions of Rs.2,500 and above can be converted into EMI.
Yes. You can apply for an Axis Bank ACE Credit Card online.
You can get a 20% discount at over 4,000 restaurants all over India with your Axis Bank ACE Credit Card.
For a foreign currency transaction, you will be charged 3.5% of the transaction value.
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