Axis Bank ACE Credit Card launched in partnership with Google Pay & Visa — 5% cashback on essential bills, unlimited 2% cashback and more

Axis Bank has announced a partnership with both Google Pay and Visa to launch their new ACE Credit Card for Indian users. With it, Google Pay users can avail a multitude of offers such as cashbacks for bill payments of essentials like electricity, internet, gas, etc. and also cashbacks for daily use categories such as food ordering, online grocery delivery, cab rides, etc.

The reward structure offered by the ACE credit card are as follows:

Joining Fees Rs. 499 – Waived for all applicants in 2020
In 2021, joining fee reversed if spends exceed Rs 10,000 within 45 days of issuance
Annual Fees Rs. 499 (applicable from second year of use)
Annual fee waiver at Rs 2 lakh spends in the year
Cashback Unlimited 5% cashback on Recharges & Bill Pay transactions (electricity, internet, gas, DTH, mobile recharge, and more) through Google Pay
Unlimited 4% cashback on online food delivery – Zomato, Swiggy, and cab rides – Ola
Unlimited 2% on all other transactions (exclusion of EMI, wallet load, cash withdrawal and fuel transactions)
Fuel Surcharge waiver 1% fuel surcharge waiver (valid for transactions between Rs 400 and Rs 4,000. Max benefit up to Rs 500 per month)
Limited Time Offers ● Joining fee of Rs 499 waived for users who apply in 2020
● Unlimited 5% cashback on Grofers & BigBasket
● Rs 500 cashback after 3 transactions (min Rs 500 each) within 45 days of card issuance
Lounge Benefit Complimentary lounge access 4 times a year at participating domestic airports

Google recently announced a Tap-to-pay feature for Axis bank and SBI Visa card holders which used a tokenization feature to keep secure the payments. This is the same technology that Google will use for the ACE Credit Card when payments are made via Google Pay.

More details on how to apply and avail the ACE Credit Card can be found on the Google Pay app.

Commenting on the launch, Sanjeev Moghe, EVP & Head, Axis Bank Cards & Payments said:

We have been continuously working on innovation-led partnership models to offer digital banking solutions to customers. In this effort, we are delighted to have collaborated with Google Pay and Visa to launch the ACE Credit Card, one of the most rewarding credit cards in its segment, that not only offers exclusive benefits and rewards, but is also designed to suit the needs of the users who want to participate in the digital economy, offering frictionless onboarding and usage experience. This collaboration and product construct will help us widen our footprint through Google Pay and broaden credit card penetration, contributing to our commitment towards the vision of Digital India and the country’s evolution to a less-cash society.

Ambarish Kenghe, Senior Director – Product Management, Google Pay added:

We are excited to work with Axis Bank and Visa, to build on our efforts to bring helpful new features and products to our users. With ACE Credit Card, we are bringing a seamless application experience that is designed keeping the needs of users in mind. We’re hopeful that this simplicity will bring even more users into the fold of digital payments, and help more users get access to credit. Users will start seeing the ‘Credit Card’ option in their Google Pay app as we start rolling this offering out across India. We will continue to refine the product as we get inputs from the users.


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