Axis Bank Ace Credit Card

Lounge access

• 4 complimentary domestic airport lounge accesses per year (Set A lounges).
• Effective 1st May 2024, access requires minimum eligible spend of ₹50,000 in the previous 3 calendar months.
• For a newly issued card the spend criteria is waived for the month of issuance plus the next 3 calendar months.
• Swipe fee of ₹2 for Visa, ₹25 for Mastercard, ₹2 for Rupay at point of entry.

Verified · Axis Bank Ace Credit Card product page · 2026-08-04 · source

Forex markup

• Foreign Transaction Fee: 3.5% of transaction amount.
• Dynamic Currency Conversion markup: 1.5% of transaction amount.

Verified · Key Fact Sheet (KFS) / Schedule of Charges – Retail Credit Cards incl. ACE (axis.bank.in) · 2026-08-04 · source

Charge

• Interest Rate: 55.55% p.a. (3.75% per month).
• Cash Withdrawal Fee: 2.5% of cash amount (min ₹500).
• Cash Withdrawal Limit: 30% of Credit Limit.
• Dynamic Currency Conversion markup: 1.5% of Transaction Amount.
• Rent Transaction Fee: 1% of each Rental Transaction.
• Education Transaction Fee: 1% on education payments made via third party apps.
• Wallet Load Transaction Fee: 1% on cumulative spends of ₹10,000 or more per statement cycle.
• Fuel Transaction Fee: 1% on cumulative spends of ₹50,000 or more per statement cycle.
• Utility Transaction Fee: 1% on cumulative spends of ₹25,000 or more per statement cycle.
• Online Skill-Based Gaming Transaction Fee: 1% on cumulative spends of ₹10,000 or more per statement cycle.
• Late Payment Fee: Nil (<₹500), ₹500 (₹501-5,000), ₹750 (₹5,001-10,000), ₹1,200 (>₹10,000), plus additional ₹100 on missing MAD for two consecutive cycles.
• Over-limit Fee: 2.5% of Over-limit Amount (min ₹500).
• Fees for Cash Payment at Branches: ₹175.
• Cheque Return/Dishonour/Auto Debit Reversal: 2% of payment amount (min ₹500).
• All charges exclusive of GST.

Verified · Key Fact Sheet (KFS) / Schedule of Charges – Retail Credit Cards incl. ACE (axis.bank.in) · 2026-08-04 · source

Interest-free period

Interest-free grace period ranges from 20 to 50 days, depending on the date of transaction.

Verified · Key Fact Sheet (KFS) / Schedule of Charges – Retail Credit Cards incl. ACE (axis.bank.in) · 2026-08-04 · source

Redemption value

• Cashback is credited to the Credit Card account.
• Cashback earned in current billing cycle is credited in the next billing cycle 3 days prior to the statement generation date.
• Cashback rounded off to nearest rupee per individual transaction.

Verified · Axis Bank Ace Credit Card product page · 2026-08-04 · source

Reward cap

• 5% and 4% accelerated cashback categories combined capped at ₹500 per statement (w.e.f. 15th June 2023).
• 1.5% cashback on other eligible merchants is unlimited.

Verified · Axis Bank Ace Credit Card product page · 2026-08-04 · source

Reward exclusion

Verified · Axis Bank Ace Credit Card product page · 2026-08-04 · source

Eligibility

• The Credit Card is issued for personal expenses and purposes only.
• The Cardholder must not use the Credit Card to purchase anything for resale, for commercial or business purposes.

Verified · Axis Bank Ace Credit Card product page · 2026-08-04 · source