The Google Pay ACE Credit Card, offered in partnership with Axis Bank, is a unique credit card designed for individuals who rely heavily on digital payments and transactions through Google Pay. It provides substantial cashback, seamless integration with the Google Pay app, and other exciting benefits. Let’s explore the key features, benefits, eligibility criteria, and the application process for this card.

Key Features of the Google Pay ACE Credit Card

1. Cashback on Digital Payments:
   • 5% cashback on bill payments, DTH recharges, and mobile recharges made via the Google Pay app. (upto 500 INR)
   • 3% cashback on transactions with food delivery services, including Swiggy and Zomato.
   • 2% cashback on all other purchases.
2. No Capping on Cashback:
   • Unlimited cashback with some terms and conditions.
3. Annual Fee:
   • Nominal annual fee of Rs. 500, waived upon achieving specific spending thresholds.
4. Integration with Google Pay:
   • Seamless integration with the Google Pay app for payments, cashback tracking, and card management.
5. Welcome Benefits:
   • Complimentary vouchers and offers upon activation.
6. Fuel Surcharge Waiver:
   • 1% waiver on fuel surcharges for transactions between Rs. 400 and Rs. 4,000.
7. Contactless Payments:
   • Tap-and-pay functionality for secure and fast transactions.

Benefits of the Google Pay ACE Credit Card

1. Enhanced Savings:
   • High cashback rates for everyday digital transactions and online spending.
2. Ease of Use:
   • Card management and cashback tracking directly through the Google Pay app.
3. Fuel Savings:
   • Fuel surcharge waivers add to overall savings.
4. Unlimited Rewards:
   • No cap on cashback ensures greater benefits for high spenders.
5. Wide Acceptance:
   • Accepted globally at Visa-enabled merchant outlets and online platforms.

Eligibility Criteria

1. Age:
   • Primary cardholder: 18 to 70 years.
   • Add-on cardholder: Minimum 15 years.
2. Income:
   • A stable income source; specific thresholds depend on Axis Bank’s policies.
3. Credit Score:
   • A good credit score (typically 700 or above) enhances approval chances.
4. Existing Relationship with Axis Bank:
   • Axis Bank account holders may experience a smoother application process.

Required Documents

1. Identity Proof:
   • Aadhaar card, PAN card, passport, or voter ID.
2. Address Proof:
   • Utility bills, Aadhaar card, or rental agreement.
3. Income Proof:
   • Salary slips, bank statements, or Income Tax Return (ITR).

How to Apply for the Google Pay ACE Credit Card

1. Online Application:
   • Visit the Axis Bank website or apply directly through the Google Pay app.
   • Fill out the application form and upload required documents.
2. Offline Application:
   • Visit the nearest Axis Bank branch with necessary documents to apply in person.

Apply Now on official website of Axis Bank

Fees and Charges

1. Joining Fee: Rs. 500.
2. Annual Fee: Rs. 500, waived if annual spending exceeds Rs. 2,00,000.
3. Interest Rate: Typically 3.6% per month (43.2% annually).
4. Late Payment Fee: Up to Rs. 1,000, depending on the outstanding amount.
5. Cash Withdrawal Fee: 2.5% of the amount, subject to a minimum of Rs. 500.

Tips for Maximizing Benefits

1. Leverage Google Pay:
   • Use the Google Pay app for bill payments, recharges, and transactions to maximize cashback.
2. Track Spending:
   • Ensure you meet the annual spending threshold to waive the annual fee.
3. Use for Everyday Purchases:
   • Make the most of the 1.5% cashback on general spending.
4. Pay Bills Promptly:
   • Avoid interest charges and late payment fees by clearing your dues on time.

Pros and Cons

Pros:

• High cashback on Google Pay transactions and online spending.
• Unlimited cashback with no restrictions.
• Seamless integration with the Google Pay app for tracking and management.
• Nominal annual fee with potential waiver.
• Fuel surcharge waiver.

Cons:

• Cashback benefits are centered around digital and online transactions.
• Limited lifestyle or travel perks compared to premium cards.
• High-interest rates on overdue payments.

Final Thoughts

The Google Pay ACE Credit Card is an excellent choice for tech-savvy individuals who frequently use Google Pay and value high cashback rewards on digital payments. Its integration with the Google Pay app enhances usability and convenience. However, if you’re looking for a card with broader lifestyle or travel rewards, you might want to explore other options. Evaluate your spending habits and financial goals to decide if this card aligns with your needs.

Disclaimer: Banks keep changing the rules of cashback and charges from time to time. Therefore, do check the official bank website for information.

Check here : https://www.axisbank.com/retail/cards/credit-card/axis-bank-ace-credit-card