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Amex Membership Rewards CC vs Axis Bank ACE Credit Card

Honest side-by-side comparison of Amex Membership Rewards CC, Axis Bank ACE Credit Card — annual fees, reward rates, income eligibility, and estimated net annual value on the same spend profile.

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Spend assumptions

All cards use the same monthly spend profile. Saved spends from the quiz or a card page load automatically.

Amex Membership Rewards CC

American Express

Axis Bank ACE Credit Card

Axis Bank

Your adjusted comparison

Feature
Amex Membership Rewards CC credit card

Amex Membership Rewards CC

American Express

Axis Bank ACE Credit Card

Axis Bank ACE Credit Card

Axis Bank

Fees & eligibility
Annual fee₹4,500₹499
Fee waiver thresholdNo waiver publishedWaived at ₹2,00,000/yr spend
Min income₹60,000/mo₹20,000/mo
Secured / FD-backedStandardStandard
Rewards
Net annual value (moderate)-₹4,194/yr₹5,475/yr
Dining & delivery—₹3,500 × 4% = ₹140/mo (₹1,680/yr) · issuer max ₹500/mo
Utilities & bills—₹1,925.00 × 5% = ₹96.25/mo (₹1,155/yr) · issuer max ₹500/mo
Top reward rate2 RP/₹1505%
Primary reward capNo monthly cap published₹500 rewards/mo cap
Perks & restrictions
Lounge accessNone4 domestic visits/year · ₹50,000 spend in previous 3 calendar months (waived for first 4 months on new cards)
UPI rewardsNot supported (Visa/MC)Not supported (Visa/MC)
Key exclusionsEMI · Fuel · Rent · Some small merchantsFuel · Non-GPay utilities · EMI · Rent · Wallet load
Bonuses
Signup bonus₹4,000—

Stack mode (hold both)

Holding both may not beat using only the better solo card on this spend.

Amex Membership Rewards CC details →Axis Bank ACE Credit Card details →

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Reference summary

At a glance (moderate spend)

Quick verdict: On moderate spend, Axis Bank ACE Credit Card leads Amex Membership Rewards CC by about ₹9,669/yr in estimated net value.

Spend assumptions for this table

Moderate user spend profile · ₹31,000/mo

₹31,000/month total spend — typical India user

Online ₹8,000 · Groceries ₹5,000 · Other ₹4,000 · Dining ₹3,500 · Bills ₹3,500

Amex Membership Rewards CC vs Axis Bank ACE Credit Card comparison table
FeatureAmex Membership Rewards CC

American Express

Axis Bank ACE Credit Card

Axis Bank

Fees & eligibility
Annual fee₹4,500₹499
Fee waiver thresholdNo waiver publishedWaived at ₹2,00,000/yr spend
Min income₹60,000/mo₹20,000/mo
Secured / FD-backedStandardStandard
Rewards
Net annual value (moderate)-₹4,194/yr₹5,475/yr
Dining & delivery—₹3,500 × 4% = ₹140/mo (₹1,680/yr) · issuer max ₹500/mo
Utilities & bills—₹1,925.00 × 5% = ₹96.25/mo (₹1,155/yr) · issuer max ₹500/mo
Top reward rate2 RP/₹1505%
Primary reward capNo monthly cap published₹500 rewards/mo cap
Perks & restrictions
Lounge accessNone4 domestic visits/year · ₹50,000 spend in previous 3 calendar months (waived for first 4 months on new cards)
UPI rewardsNot supported (Visa/MC)Not supported (Visa/MC)
Key exclusionsEMI · Fuel · Rent · Some small merchantsFuel · Non-GPay utilities · EMI · Rent · Wallet load
Bonuses
Signup bonus₹4,000—

Frequently asked questions

Which card has the lower annual fee?
Axis Bank ACE Credit Card has the lowest annual fee at ₹499.
Which card earns more on moderate spend?
Axis Bank ACE Credit Card leads with an estimated ₹5,475/yr net annual value on moderate spend.
Which card has the lower income requirement?
Axis Bank ACE Credit Card lists a minimum monthly income of ₹20,000.
Does this comparison pull my credit score?
No. CardHungry estimates net value from public fee and reward rules only — no bureau check.

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