Axis BankVisa • Entry Tier Source Verified
Axis Bank ACE Credit Card Fees & MITC Charges
Powerful everyday utility card offering 5% cashback on Google Pay bill payments and 1.5% uncapped offline cashback.
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AXIS BANKVISA
ACE
•••• •••• •••• 2026
Entry
Joining Fee
₹499
+ 18% GST on issuanceAnnual Renewal Fee
₹499
Total billed: ₹589 incl. GSTAnnual Fee Waiver Spend
₹2,00,000
Waived upon reaching annual spendForex Markup Fee
3.5%
Effective 4.13% incl. GSTAirport Lounge Access Policy (2026 Update)
Domestic Lounge Allowance:1 visit(s) per quarter
International Lounge Allowance:None
Quarterly Spend Condition:₹50,000 in prior quarter
Official Rule: 4 complimentary domestic lounge visits per year subject to ₹50k previous quarter spend.
Surcharges & Utility Caps
Fuel Surcharge:1% waiver on transactions between ₹400 and ₹4000 (up to ₹400/month).
Utility Spends:1% surcharge applies on cumulative monthly utility bill payments exceeding ₹50,000.
Key Strengths
- •5% cashback on bill payments via Google Pay
- •1.5% flat uncapped cashback on all other eligible spends
- •4% on Swiggy, Zomato, and Ola
Limitations & Drawbacks
- •Offline cashback revised down from earlier 2% to 1.5%
- •₹500 monthly cap on 5% Google Pay bill payments
- •Requires Android Google Pay for 5% bill payment route
Source Provenance
Primary Authority Document:Official Issuer Most Important Terms & Conditions (MITC)
Last Verified Date:2026-08-21
Regulatory Compliance:RBI Master Direction – Credit Card and Debit Card Issuance and Conduct Directions
Questions about Axis Bank ACE Credit Card charges
What is the annual fee for Axis Bank ACE Credit Card?
The annual fee for Axis Bank ACE Credit Card is ₹499 + 18% GST (total ₹589). It can be waived by spending ₹2,00,000 in the preceding card anniversary year.
What is the foreign currency (forex) markup on Axis Bank ACE Credit Card?
Axis Bank ACE Credit Card charges a 3.5% foreign currency markup fee + 18% GST on all non-INR currency transactions and foreign merchants.
Does Axis Bank ACE Credit Card offer airport lounge access in 2026?
Axis Bank ACE Credit Card provides 1 complimentary domestic lounge visit(s) per quarter. Under 2026 bank rules, you must spend at least ₹50,000 in the preceding calendar quarter to unlock complimentary access.