ACE Credit Card

Welcome to the world of cashback! This card becomes your everyday companion with accelerated cashback on all your spends.

Features & Benefits
Fees & Charges
Value Chart
Services

Features & Benefits

Cashback on every spend*

5% cashback* on Utility bill payments (electricity, internet, gas, and more) &DTH and mobile recharges on google pay

Lounge access

Enjoy 4 complimentary lounge visits per calendar year at select domestic airports with your ACE credit card. For list of airports and detailed terms and conditions, click here

Fuel surcharge waiver

1% fuel surcharge waiver on fuel purchases at all fuel stations across India
Valid on transactions between ₹400 to ₹4000; Maximum benefit of up to ₹500 per statement

Convert purchases to EMI

No matter how big your next credit card purchase, go right ahead. Just contact us and convert your transaction of ₹2,500 or more into EMI. To know more, click here.

Fees & Charges

Description	Charges
Joining Fee	₹499
Annual Fee;	Annual Fee: ₹499 2nd year onward 2^nd year onward: Annual fee waived off on annual spends greater than ₹2,00,000/- {Rent transactions ( MCC 6513 ) and wallet load transactions ( MCC 6540 ) will not be eligible for spends counted in availing annual fee waiver}
Card Replacement fee	Nil
Cash Payment fee	₹175
Duplicate Statement Fee	Waived
Charge slip retrieval fee or copy request fee	Waived
Outstation cheque fee	Waived
Mobile alerts for transactions	Free
Balance enquiry charges	Waived
Finance charges (retail purchases and cash)	3.75% per month (55.55% per annum)
Cash withdrawal Fee	2.5% (min. ₹500) of the cash amount
Overdue penalty or Late payment fees	Nil if total payment due is upto ₹500 ₹500 if total payment due is between ₹501 - ₹5000 ₹750 if total payment due is between ₹5,001 - ₹10,000 ₹1200 if total payment due is ₹10,001 and above Additional ₹100 on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles. This charge will continue to be applicable for every payment cycle until the MAD is cleared.
Over limit penalty	2.5% of the over limit amount (Min ₹500)
Cheque return or dishonor fee or auto-debit reversal	2% of the payment amount subject to Min. ₹500
Surcharge on purchase or cancellation of railway tickets	As prescribed by IRCTC/Indian Railways
Foreign currency transaction fee	3.5% of the transaction value
Reward redemption fee	No
Rent transaction fee (applicable from 5th March 2023)	1% fee per transaction will be applicable on rental transactions. GST will be applicable.
Dynamic currency conversion markup	1.5% will be applicable on each International transaction performed in Indian currency at International location or transactions performed in Indian currency with merchants located in Indian but registered in a foreign nation.
Education transaction fee (applicable from 20th Dec, 2024)	1% fee per transaction will be applicable on education payments made via third party apps.
Utility transaction fee (applicable from 20th Dec, 2024)	1% fee will be applicable on cumulative spends of ₹25,000 or more on utilities per statement cycle
Wallet load transaction fee (applicable from 20th Dec, 2024)	1% fee will be applicable on cumulative spends of ₹10,000 or more on wallet loads per statement cycle
Fuel transaction fee (Applicable from 20th Dec, 2024)	1% fee will be applicable on cumulative spends of ₹50,000 or more on fuel transactions per statement cycle
Online skill based gaming transaction fee (Applicable from 20th Dec, 2024)	1% fee will be applicable on cumulative spends of ₹10,000 or more on online skill based gaming platforms per statement cycle

For all above fees and charges, taxes as per government norms shall be applicable

Value Chart

Details	Annual Spends (₹)	Cashback (₹)	Discount/Benefits (₹)
Utility bill pay & recharge on google pay (5%)	1,50,000 (min. ₹12,500 per month)	6,000
Online food delivery (swiggy & zomato) (4%)
Ride sharing (Ola) (4%)
Other spends (1.5%)	66,000	990
Lounge visits (4 per year)	-	-	4,000
Fuel spends (1% surcharge waiver)	24,000	-	240
Dining spends (up to 15% off upto ₹500 monthly)	40,000	600 (1.5% CB)	6,000
Joining fee reversal			499
Annual fee waiver			499
Total annual spends	2,80,000	7,590	11,238
Total annual benefits			18,828 (~6.72%)