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Credit CardsComparisons

Axis Bank ACE Credit Card vs HDFC MoneyBack+

A head-to-head comparison of Axis Bank ACE Credit Card and HDFC MoneyBack+ across fees, rewards, and spending categories to help you decide which card suits your wallet better.

Grocery & RetailCard A

Axis Bank ACE Credit Card

Retail & Groceries

Annual Fee
₹499
Reward Rate
1.5% Flat Cashback
Apply Now Read full review →
Grocery & RetailCard B

HDFC MoneyBack+

Entry-Level Online

Annual Fee
₹500
Reward Rate
10X CashPoints on partners
Apply Now Read full review →

Feature comparison

FeatureAxis BankHDFC MoneyBack+
Annual Fee₹499 (Waived on ₹2L spend)₹500 (Waived on ₹50K spend)
Reward Rate1.5% Flat Cashback10X CashPoints on partners
Best ForRetail & GroceriesEntry-Level Online
First-Card Friendly
Lounge Access
Zero Forex Markup

Spending category coverage

Which categories does each card reward?

CategoryAxis BankHDFC MoneyBack+
Online shopping
Groceries
Dining
Utility bills
Everyday spending

Quick verdict

Choose Axis Bank ACE Credit Card if:

  • Lower annual fee (₹499 vs ₹500)
  • You spend heavily on dining
  • You spend heavily on utility bills

Choose HDFC MoneyBack+ if:

  • You spend heavily on online shopping

Full pros & cons

Axis Bank ACE Credit Card

What's good
  • Uncapped 1.5% cashback on all online and offline spends
  • 5% cashback on utility bill payments via Google Pay, PhonePe, or any BBPS-enabled UPI app
  • 4% cashback on Swiggy, Zomato, and Ola
Watch out for
  • 5% and 4% cashback categories have a strict combined cap of ₹500 per month
  • Lounge access requires a heavy ₹50,000 spend in the previous quarter
  • Cashback credited only after statement generation

HDFC MoneyBack+

What's good
  • Quarterly milestone benefits on reaching spend targets
  • Low income eligibility criteria
  • Easy EMI conversion on purchases above ₹2,500
Watch out for
  • Points value is relatively low (1 Point = ₹0.25)
  • No complimentary lounge access