CheQ AU Credit Card VS Axis Bank ACE Credit Card
Both CheQ AU Credit Card and Axis Bank ACE Credit Card suit different spenders, but they earn and cost differently. CheQ AU Credit Card is lifetime-free and earns up to 12 percent on select brands; 5 percent on other online spends; 2.5 percent on CheQ UPI; 1 percent on all other transactions. Axis Bank ACE Credit Card costs Rs 499 + GST and earns up to 5 percent cashback on utilities via GPay; 4 percent on Swiggy/Zomato/Ola and 1.5 percent on other spends with 4 lounge visits per year. CheQ AU Credit Card also brings Indias first LED card with dual Visa + RuPay issuance, while Axis Bank ACE Credit Card counters with its own niche benefits. Compare the fee and reward differences above against your priority spend category - shopping, dining, fuel, or travel - to pick the right fit.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
CheQ AU Credit Card
Axis Bank ACE Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
India's first LED-enabled credit card offers a unique and visually engaging payment experience.
High reward rates up to 12% on popular brands and categories like shopping, travel, and utilities.
Lifetime free for the standard variant, making it an attractive option with no annual fees.
Receive both a Visa (LED) and RuPay card with a single application, offering great versatility.
Uncapped base rewards ensure continuous earning even after reaching accelerated rewards limits.
Pros
Key benefits and features.
High cashback rates: 5% on Google Pay bills/recharges and 4% on Swiggy, Zomato, Ola.
Includes 4 complimentary domestic airport lounge accesses, rare for entry-level cards.
No maximum capping on the regular 1.5% cashback earned on all other spends.
Annual fee of ₹499 is easily waived off on an annual expenditure of ₹2,00,000.
Cons
Key drawbacks and limitations.
Accelerated rewards are capped at 12,000 CheQ points per month, limiting high spenders.
Rewards are not applicable on several categories like fuel, education, gold, and rent payments.
Optional LED card incurs a one-time issuance fee of ₹999 + GST, which is an additional cost.
Interest rate on revolving credit is high at 3.75% per month (45% per annum), typical of the category.
No domestic or international airport lounge access on this card.
Applications for the LED card open only from April 28, 2026, indicating a future availability.
Cons
Key drawbacks and limitations.
No cashback on specific categories like fuel, wallet reloads, EMIs, gold items, and cash advances.
The accelerated 5% cashback on Google Pay is exclusively valid on the Android application.
Cashback earned at non-partner merchants (excluding key platforms) is a standard 1.5%.