Axis Bank Privilege Credit Card vs Axis Ace Credit Card both offer amazing offers to customers. However, several factors distinguish them. The Axis Bank Privilege Credit Card is designed for those who want a premium experience, travel benefits, and shopping vouchers. You will also receive benefits such as exclusive weekends, dining delights, milestone benefits, welcome bonuses, reward points, and many more. The Axis Ace Credit Card, on the other hand, is one of the least expensive credit cards available. Furthermore, the bank has created it for those seeking high-value back rewards at a low annual fee. Dive deeper into this article to understand the difference between Axis Bank Privilege Credit Card vs Axis Ace Credit Card.
Axis Bank Privilege Credit Card vs Axis Ace Credit Card: Benefits and Features
Axis Bank Credit Card is creating hype in the market by offering an end number of offers to customers. Moreover, you can find a credit card that will fully fill all your needs. Axis Bank Privilege Credit Card offers 12,500 Edge Reward Points on joining, insurance, and other benefits. However, the Axis Ace Credit Card offers lounge airport visits, cashback, etc.
Here you can find in detail the basic difference between the Axis Bank Privilege Credit Card vs Axis Ace Credit Card:
|Points of Difference||Axis Privilege Credit Card||Axis ACE Credit Card|
|Welcome Benefits||As a welcome gift, you will get 12,500 Edge Reward Points. However, you can use those reward points after completing 3 transactions of INR 200 within 30 days of card issuance to get multi-brand vouchers worth INR 5000|
Axis Bank offers Edge reward points up to 6250 for priority banking customers. The reward points are vouchers for INR 2500. Further, to enjoy it you have to make 3 translations within 90 days worth INR 90 days.
|Milestone Benefits||Get a chance to double reward into big brand vouchers by spending INR 2.5 lakhs or above.||NA|
|Dining Benefits||Get 20% off on more than 4000 restaurants in India.||Enjoy 20% off at more than 4000 restaurants in India.|
|Reward Points||Avail 10 Axis Edge Reward Points by spending INR 200 on domestic and international uses.||Cashback Rewards|
|Airport Lounge Access||Complimentary domestic lounge visits up to 2 per calendar quarter.||Avail 4 per calendar year at domestic airports.|
|Additional Benefits||- When you renew your Axis Bank Privilege Credit Card, you will receive 3000 Edge Reward Points.|
- By spending INR 2.5 lakhs per year, you can avoid paying annual fees.
- Take advantage of exclusive weekend programs with your loved ones.
- Waiver of the 1% fuel surcharge.
- Convert transactions exceeding INR 2500 into simple and flexible EMIs.
|- 5% cashback on paying utility bills.|
- 4% cashback on paying on Swiggy, Zomato, and Ola.
- Enjoy 2% on all other expenses.
- Fuel surcharge waiver of 1%.
- Convert purchases of more than 2500 into EMI.
Axis Privilege Credit Card vs Axis Ace Credit Card: Fees and Charges
When comparing these two Axis Bank Credit Cards, you will notice several differences between them. Privilege Axis Card is classified as a premium credit card. The Ace Axis Credit Card, on the other hand, is one of the best Axis credit cards for people with low income.
Check out the fee and charges for the credit cards:
|Particulars||Privilege Credit Card||Myzone Credit Card|
|Joining Fee||INR 1500|
Priority customers, on the other hand, are exempt from the joining fee.
Joining fee could be reversed by spending INR 10,000 within 45 days of card issuance.
|Annual Charges||INR 1500|
By spending INR 2.5 lakhs per year, you can avoid paying the annual fees for the Privilege Card.
Annual fee waived on annual spend of more than INR 2 lakh.
|Add-on Card Joining Fee||NIL||No Add-on Card Facility|
|Add-on Card Annual Fee||NIL||Ace card didn’t offer Add-on card feature|
|Finance Charges||3.40% per month||3.6% per month|
|Cash Withdrawal Fees||2.5%||2.5%|
|Cash Payment||INR 100||INR 100|
|Duplicate Statement Fee||Waived||Waived|
|Late Payment Fee||- For payments of less than INR 500, there is no late fee.|
- You must pay INR 500 for amounts ranging from INR 501 to INR 5000.
- A fee of up to INR 750 would be charged for amounts ranging from INR 5001 to INR 10,000.
- If the amount exceeds INR 10,000, you must pay up to INR 1200.
|- You didn't have to pay anything if your total was less than INR 500.|
- Pay INR 500 for amounts between INR 501 and INR 5000.
- For amounts ranging from INR 5001 to INR 10,000 you have to pay INR 750.
- You must pay INR 1200 to any amount greater than INR 10,000.
|Over Limit Penalty||2.5%||2.5%|
|Outstation Cheque Fee||Waived||Waived|
|Foreign Currency Transaction Fee||3.50%||3.5%|
|Reward Redemption Fee||YES||NO|
Which is better: Axis Bank Privilege Credit Card or the Axis Ace Credit Card?
We all need financial assistance in our life to meet all our needs. Furthermore, there are numerous methods available today. A credit card, on the other hand, is one of the most practical and simple options. Today, many banks offer credit cards to their customers. It is because they are the most convenient way for us to obtain immediate financial assistance. Moreover, they are well-equipped to provide us with a variety of other advantages.
Axis Bank has been competing by offering the best credit cards. Now you must be skeptical while thinking about which card you should opt for the Axis Privilege Credit Card vs Axis Ace Credit Card. Both are exceptional in their fields, and a large number of people rely on them. Furthermore, if you enjoy traveling, shopping vouchers, and welcome bonuses, the Privilege Credit Card is for you. It is because it is a luxurious credit card with an endless list of benefits.
Consequently, various people are more inclined towards cashback. Therefore, those customers should go for the Ace credit card as it offers 5% cashback on paying utility bills. In addition, it can be obtained by just paying INR 499. Furthermore, both these Axis Credit cards offer amazing benefits. However, the Privilege credit card includes insurance and welcome benefits that the Ace card does not. Besides this, if you travel frequently, both credit cards are viable options.
A credit card is an excellent choice. However, to reap the majority of the benefits, you should maintain a good CIBIL Score. Both the Axis Privilege Credit Card vs Axis Ace Credit Card are excellent choices. As a result, you should first assess your basic requirements. However, after that, you should buy a card. It is required unless you want to end up paying a fee for a credit card you didn’t need. As a result, evaluate all of your needs first, and then choose between the two cards.
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