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ACE Credit Card Review

Everything you need to know about the ACE Credit Card. Fees, rewards, and hidden benefits.

Vyaya Team · Aug 2026
5 min read
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Value Score
N/A
Annual Fee
₹499
Best For
General Spends
Network
Visa
AXIS BANKVisa
ACE Credit Card
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REWARD SUMMARY
1.5% Base Rewards
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The Bottom Line

The ACE Credit Card is built for general spends. With a ₹499 annual fee that is waived on ₹2,00,000 yearly spend, it offers 5% rewards on google pay (utility) and airport lounge access. It makes the most sense if your spending matches general spends.

It earns a base reward rate of 1.5% and stacks best when your spending lines up with General Spends. The renewal fee gets easier to justify once you can hit ₹2,00,000 in yearly spend.

What we like
What we don't

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal

This card works best for users who can fully use its strongest recurring benefits.

Probably not for

Skip

If the rewards categories do not match your spending, a lower-fee alternative may fit better.

Is It Worth It For You?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Annual fee-₹499
Net Value (Year 1)-499
Net Value (Year 2+)-499
Progress to fee waiver0%

Spend ₹2,00,000 more to waive annual fee

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Reward Rates

ACE Credit Card offers 1.5% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

Google Pay (Utility)
5%
Swiggy (Dining)
4%
Zomato (Dining)
4%
Ola (Travel)
4%

Welcome Offer

Welcome Benefit

Milestone Benefits

Spend ₹2,00,000

Annual/renewal fee of Rs. 499 (+GST) is waived if the cardholder spends Rs. 2,00,000 or more in the preceding one-year membership period.

Fees & Charges

Joining fee₹499
Annual fee₹499
Fee waiverSpend > ₹2,00,000

Eligibility

  • Min Income: ₹3 Lakhs
  • Min Credit Score: 750
  • Age 18-70, resident Indian; min monthly income ~Rs 50,000; CIBIL 750+ preferred; 5% cashback on bill payments via GPay.

Exclusions & Terms

Forex markup

  • Foreign currency markup

EMI

  • EMI transactions and purchases converted to EMI do not earn cashback.

Cash Advance

  • Cash withdrawals/advances do not earn cashback and incur a cash advance fee of 2.5% (min Rs. 500).

Gold/Jewellery Purchases

  • Purchases of gold, jewellery, or bullion do not earn cashback.

Card Fees and Outstanding Balance Payments

  • Payment of card fees, other card charges, or outstanding balance does not earn cashback.

Ready to apply?

₹499 annual fee. Apply on the Axis Bank website.

Apply on Axis Bank

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