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Axis Bank ACE Credit Card VS Paytm HDFC Bank 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
Paytm HDFC Bank Credit Card
Paytm HDFC Bank Credit Card

Fees & Charges

Joining Fee
₹499 + GST
₹500 + GST
Renewal Fee
₹499 + GST
₹500 + GST
Spend Based Waiver
Annual fee waived on Rs. 2 Lakh spend/year. Joining fee reversed on Rs. 10,000 spend in 45 days.
Waiver on first year fee with Rs. 30k spend (90 days) & renewal fee with Rs. 50k annual spend.
Foreign Transaction Fees
3.5% of the transaction amount.
3.5%
Interest Rate (APR)
3.75% per month (55.55% annualized) on outstanding amount.
3.6% per month (43.2% per annum)

Rewards & Benefits

Welcome Bonus
Joining fee reversal on Rs. 10,000 spend within 45 days of card setup.
Paytm First Membership, offering exclusive benefits from partnered brands and additional offers.
Rewards Rate
Up to 5% cashback on utilities via GPay, 4% on Swiggy/Zomato/Ola, and 1.5% on other spends.
Earn up to 3% on Paytm, 2% on select Paytm, 1% on other retail spends.
Reward Type
Cashback
Cashback
Reward Redemption Fee
Nil
Nil

Travel & Lifestyle

Domestic Lounge Access
4 complimentary lounge visits per calendar year at select domestic airports.
Not Applicable
International Lounge Access
Not Applicable
Not Applicable
Travel Benefits
4 complimentary domestic lounge visits annually & 4% cashback on Ola rides.
Not Applicable
Movie Benefits
Not Applicable
Up to 3% cashback on Paytm movie ticket purchases.
Dining Benefits
Up to 15% off at 4000+ partner restaurants & 4% cashback on Swiggy/Zomato.
Up to 20% discount in partner restaurants via Dineout.
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 (₹400-₹5000 trans.), max ₹250/month.

Security & Other

Insurance Benefits
Not Applicable
Not Applicable
Cash Advance Charges
2.5% of withdrawn amount, minimum Rs. 500.
2.5% of amount or Rs. 500 (whichever is higher)
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

Axis Bank ACE Credit Card

Paytm HDFC Bank Credit Card

Who is it for?

The Axis Bank ACE Credit Card is an outstanding entry-level cashback card, ideal for young professionals and digital spenders. It offers accelerated cashback on utility payments via Google Pay, popular food delivery, and ride-hailing services. Key benefits include 4 complimentary domestic lounge access visits and an easily waivable annual fee. This card provides substantial value for everyday digital transactions and occasional travel.

Who is it for?

The Paytm HDFC Bank Credit Card is a co-branded card offering significant cashback on Paytm spends. It includes a Paytm First Membership as a welcome benefit and provides up to ₹1,200 in annual cashback on spending milestones. With an annual fee waiver option, it's ideal for frequent Paytm users seeking maximum benefits for their digital transactions.

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.

This credit card is highly beneficial for everyday users of the Paytm application.

Offers decent cashback and exclusive promotional offers on transactions made via Paytm.

Cardholders receive a valuable Paytm First membership as an exclusive welcome benefit.

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.

Unfortunately, this credit card does not provide any complimentary airport lounge access.

The standard cashback rate of 1% on general retail spending outside Paytm is relatively low.

International transactions incur a notable foreign currency markup fee of 3.5%.

Ready to Choose?

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