No capping on cashback
Recently, it was introduced by Axis Bank, Google Pay and Visa. The special thing is that there is no capping on the cashback received through this card. For example, if you make a recharge of one lakh rupees and bill payments in the month (a billing cycle), then you get a cashback of 5 thousand rupees. If you make a recharge of 10 lakh rupees and bill payments in a billing cycle, then you get a cashback of 50 thousand rupees. Cashback earned in the current billing cycle is credited to the credit card account 3 days before the next billing date.
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>> Through this card, mobile recharge, DTH recharge, bill payment (internet, electricity, gas etc.) get unlimited 5% cashback on Google Pay.
>> Paying on Swiggy, Zomato and Ola can earn 4 percent cashback.
>> Unlimited 2% cashback can be earned on all other online and offline transactions.
>> No cashback is available on fuel, EMI, e-wallet load etc.
>> 1 percent fuel surcharge waived on petrol pumps. (Fuel surcharge waived up to a maximum of Rs. 500 in a billing cycle)
>> Through this card you can access the Domestic Airport Lounge for free 4 times a year.
>> This card is equipped with NFC technology, which also provides ‘tap and pay’ facility to customers.
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ACE Credit Card Charges
>> The joining fee of this card is 499 rupees.
>> Annual fee of this card is 499 rupees. However, after touching 2 lakh rupees in a year, the annual fee will be reversed.