SwipeYield Review
A straightforward, high-reward cashback card that excels in utility payments and everyday offline merchant spends.
CashbackUtilityEveryday Spends
Axis Bank Ace Credit Card
By Axis Bank
4.6SwipeYield Rating
Joining Fee₹499 + GST
Annual Fee₹499 + GST
Fee Waiver:
Waived on annual spends of ₹2 Lakh
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Reward TypeCashback
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NetworkVisa
Rewards
Base
2% Unlimited Cashback on general spends (among the highest in India)
Accelerated
5% on GPay (Bills and Recharges); 4% on Swiggy, Zomato, and Ola
Lounge Access
4 complimentary domestic airport lounge visits per year
Pros
- Industry-best base cashback rate
- High value on utility bill payments via GPay
Cons
- Spend-based lounge access (₹50,000 in previous 3 months)
- Limited international utility
Eligibility
- Age 18-70
- Minimum income varies by region but generally targets middle-income groups