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Axis Bank ACE Credit Card vs Cashback SBI Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

Axis Bank ACE Credit Card
Axis Bank ACE Credit Card
Cashback SBI Credit Card
Cashback SBI Credit Card

Fees & Charges

Joining Fee
₹499 + GST
₹999 + GST
Renewal Fee
₹499 + GST
₹999 + GST
Spend Based Waiver
Annual fee waived on Rs. 2 Lakh spend/year. Joining fee reversed on Rs. 10,000 spend in 45 days.
Renewal Fee reversed on annual spends of Rs. 2,00,000 or more in the previous year.
Foreign Transaction Fees
3.5% of the transaction amount.
3.5% of the international transaction value.
Interest Rate (APR)
3.75% per month (55.55% annualized) on outstanding amount.
3.75% per month (45% per annum) on outstanding balance.

Rewards & Benefits

Welcome Bonus
Joining fee reversal on Rs. 10,000 spend within 45 days of card setup.
Not Applicable
Rewards Rate
Up to 5% cashback on utilities via GPay, 4% on Swiggy/Zomato/Ola, and 1.5% on other spends.
5% cashback on online spends & 1% on offline spends, max Rs. 5,000 per cycle.
Reward Type
Cashback
Cashback
Reward Redemption Fee
Nil
₹99 per redemption transaction.

Travel & Lifestyle

Domestic Lounge Access
4 complimentary lounge visits per calendar year at select domestic airports.
Complimentary lounge access has been discontinued on this card.
International Lounge Access
Not Applicable
Complimentary lounge access has been discontinued on this card.
Travel Benefits
4 complimentary domestic lounge visits annually & 4% cashback on Ola rides.
Not Applicable
Movie Benefits
Not Applicable
Not Applicable
Dining Benefits
Up to 15% off at 4000+ partner restaurants & 4% cashback on Swiggy/Zomato.
Not Applicable
Golf Benefits
Not Applicable
Not Applicable
Fuel Surcharge Waiver
1% waiver on fuel purchases (Rs. 400-4000), max Rs. 500/statement cycle.
1% waiver on fuel (Rs. 500-3000), max Rs. 100 per statement cycle.

Security & Other

Insurance Benefits
Not Applicable
Not Applicable
Cash Advance Charges
2.5% of withdrawn amount, minimum Rs. 500.
2.5% of amount withdrawn or min Rs. 500, whichever is higher.

Axis Bank ACE Credit Card

Cashback SBI Credit Card

Who is it for?

Who is it for?

Pros

Key benefits and features.

Excellent entry-level card for digital spends, offering high cashback rates.

High cashback rates on essential utility bills, food delivery, and ride-hailing services.

Provides 4 complimentary domestic airport lounge visits, a rare perk in this fee range.

Modest annual fee is easily waived, offering unlimited 1.5% cashback on general spending.

Pros

Key benefits and features.

Benefit from a straightforward 5% cashback on online spends and 1% on offline transactions.

Enjoy a generous monthly cashback cap of Rs. 5,000, offering substantial savings potential.

Excellent choice for online shoppers due to high cashback rates and no merchant restrictions.

Cons

Key drawbacks and limitations.

Accelerated cashback categories are subject to a monthly capping limit.

No cashback earned on fuel, wallet reloads, EMI conversions, and some other transactions.

High 5% cashback is restricted to Google Pay Android app; not available on iOS.

A relatively high foreign currency markup of 3.5% applies to international transactions.

Cons

Key drawbacks and limitations.

Cashback is not applicable on several common spending categories including utilities and fuel.

The Rs. 2 Lakh annual spend for fee waiver can be difficult for some, given many excluded categories.

The card no longer offers complimentary lounge access, a popular benefit for many users.

Lack of instant discounts during major online sales may be a drawback for certain shoppers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.