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Side-by-Side Comparison|Updated March 2026

Paytm SBI Card SELECT vs Axis Bank ACE Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

SBI Card

Paytm SBI Card SELECT

7.2/10
Annual Fee₹1,499
Base Rewards1%
NetworkVisa
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Axis Bank

Axis Bank ACE Credit Card

8.5/10
Annual Fee₹499
Base Rewards1%
NetworkVisa
View Full Details

Feature-by-Feature Comparison

FeaturePaytm SBI Card SELECTAxis Bank ACE Credit Card
Annual Fee₹1,499₹499
Joining Fee₹1,499₹499
Fee Waiver Spend₹2,00,000₹2,00,000
Base Reward Rate1%1%
Reward CurrencyReward PointsCashback
NetworkVisaVisa
Editor Rating7.2/108.5/10
Forex Markup3.5%3.5%

Accelerated Rewards

Paytm SBI Card SELECT

  • 0% on Paytm Travel
  • 0% on Paytm Movies
  • 0% on Paytm Mall
  • 0% on Paytm App Spends

Axis Bank ACE Credit Card

No accelerated rewards listed

Pros & Cons

Paytm SBI Card SELECT

Pros

  • High 5% reward rate on Paytm Travel, Movies, and Mall purchases.
  • Direct 1:1 redemption value where 1 Reward Point equals ₹1.
  • Complimentary 1-year Paytm First Membership worth ₹750.
  • Milestone vouchers worth up to ₹6,000 annually on high spends.

Cons

  • International lounge visits via Priority Pass are fully chargeable.
  • High foreign currency markup of 3.5% plus GST.
  • Reward points are not earned on wallet loads, fuel, or rent.

Axis Bank ACE Credit Card

Pros

  • 5% cashback on utility bills and recharges via Google Pay (Android only)
  • 4% cashback on Swiggy, Zomato, and Ola with no individual merchant capping
  • Flat 1.5% uncapped cashback on all other eligible spends
  • Complimentary domestic lounge access (4 visits per year)

Cons

  • Combined monthly capping of ₹500 on 5% and 4% cashback categories
  • Lounge access requires a minimum spend of ₹50,000 in the previous 3 months
  • 5% utility cashback is restricted to Google Pay on Android devices

Our Verdict

Axis Bank ACE Credit Card edges ahead overall with a stronger combination of rewards and value. However, Paytm SBI Card SELECT could be the better pick if its specific category strengths match your spending habits.

Choose Paytm SBI Card SELECT if

Maximizes value through 5% rewards on travel and movies booked via the Paytm app.

Choose Axis Bank ACE Credit Card if

Highest cashback rate in the market for electricity, gas, and internet bills via GPay.

Frequently Asked Questions

Which is better: Paytm SBI Card SELECT or Axis Bank ACE Credit Card?
Axis Bank ACE Credit Card edges ahead overall with a stronger combination of rewards and value. However, Paytm SBI Card SELECT could be the better pick if its specific category strengths match your spending habits.
What is the annual fee difference between Paytm SBI Card SELECT and Axis Bank ACE Credit Card?
Paytm SBI Card SELECT has an annual fee of ₹1,499, while Axis Bank ACE Credit Card has an annual fee of ₹499. Paytm SBI Card SELECT offers a fee waiver on ₹2,00,000 annual spend. Axis Bank ACE Credit Card offers a fee waiver on ₹2,00,000 annual spend.
Which card has better rewards: Paytm SBI Card SELECT or Axis Bank ACE Credit Card?
Paytm SBI Card SELECT offers a base reward rate of 1% with accelerated rewards on Paytm Travel and Paytm Movies. Axis Bank ACE Credit Card offers 1% base rewards. The better choice depends on your primary spending categories.
Can I have both Paytm SBI Card SELECT and Axis Bank ACE Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. Paytm SBI Card SELECT and Axis Bank ACE Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: Paytm SBI Card SELECT or Axis Bank ACE Credit Card?
For beginners, Axis Bank ACE Credit Card may be more approachable with a lower annual fee of ₹499. However, evaluate based on your expected spending pattern rather than fee alone.

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