vs
In short: Axis Ace has the lower annual fee (₹499 vs ₹500); Axis Ace includes 4 airport lounge visits a year, ICICI Coral 1 airport lounge visit a quarter; both charge a 3.5% forex markup.
| Key facts | Axis Ace | ICICI Coral |
|---|---|---|
| Annual fee | ₹499 | ₹500 |
| Joining fee | ₹499 | ₹500 |
| Annual fee waived | On ₹2 lakh annual spend | On ₹1.5 lakh annual spend |
| Top reward rate | 5% Cashback on Bill Payments Through Google Pay | 2 Reward Points per ₹100 |
| Base rewards | 1.5% Cashback on Other Eligible Merchants | 2 Reward Points per ₹100 |
| Lounge access | 4 airport lounge visits a year | 1 airport lounge visit a quarter |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 7 Nov 2026. Milestones, welcome benefits and caps are in the full table below.
On ₹20,000 a month with ₹5,000 at each card's top rate, Axis Ace returns about ₹4,501 more a year after annual fees (₹5,700 vs ₹1,200 in rewards).
| Spend profile | Axis Ace | ICICI Coral |
|---|---|---|
| Reward value: top rate / base rate | 5% / 1.5% | 0.5% / 0.5% |
| ₹20,000 a month, all general spends | ₹3,600 | ₹1,200 |
| ₹20,000 a month, ₹5,000 of it at each card's top rate | ₹5,700 | ₹1,200 |
| Annual fee | ₹499 | ₹500 |
Estimates from the earn rates above, with stated cashback caps applied, before exclusions. Reward points are valued at the card's best listed redemption (often travel or vouchers via the bank's portal); cash-back on the statement is usually worth less. Annual fees may be waived on spend (see the table below).
The Axis Bank Ace Visa Signature Credit Card and the ICICI Bank Coral Credit Card Visa both offer annual fee waivers based on spending thresholds and provide fuel surcharge waivers. Axis Bank Ace focuses on cashback rewards with accelerated rates on digital payments and food delivery, while ICICI Coral offers reward points with milestone bonuses and category-specific accruals. Lounge access benefits are limited to domestic lounges for both cards, with no international lounge access listed in our data.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
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| Feature | Axis Bank Ace Visa Signature Credit Card | ICICI Bank Coral Credit Card Visa |
|---|---|---|
| Bank | Axis Bank | ICICI Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.499 | Joining Fee of Rs.500 |
| Annual / renewal fee | Second Year Onwards Annual Fee of Rs.499 | Annual Fee of Rs.500 |
| Annual fee waiver | Spend Rs.2 Lakhs For Annual Fee Waiver | Spend Rs.150000 For Waiver of Annual Fee |
| Top reward rate | 5% Cashback on Bill Payments Through Google Pay | Earn 2 Reward Points per Rs.100 |
| Base rate (other spends) | 1.5% Cashback on Other Eligible Merchants | — |
| Lounge — domestic | Enjoy 4 Complimentary Lounge Per Calendar Year | 1 Complimentary Airport Lounge Access Per Quarter |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver |
| Milestone benefit | — | Earn 2000 Reward Points on Spend of Rs.2 Lakhs |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 3.50% - Foreign Currency Transactions |
For rewards, the Axis Bank Ace Visa Signature Credit Card delivers a stronger proposition with a top cashback rate of 5% on bill payments via Google Pay and 4% on Ola, Swiggy, and Zomato, alongside a base cashback of 1.5% on other eligible merchants. In contrast, the ICICI Bank Coral Credit Card Visa offers a flat 2 reward points per Rs.100 spent, which translates to a lower effective reward rate when redeemed at Rs.0.25 per point. At Rs.20,000 monthly spend, Axis Bank Ace yields about Rs.5,700 annually in rewards compared to Rs.1,200 with ICICI Coral. Therefore, Axis Bank Ace is better suited for users seeking higher cashback on digital and food-related spends.
Both cards provide complimentary domestic airport lounge access, with Axis Bank Ace offering 4 free visits per calendar year and ICICI Coral providing 1 complimentary lounge access per quarter (totaling 4 annually). Neither card lists international lounge access in our data. For foreign currency transactions, both cards charge a 3.5% forex markup fee. Overall, their travel benefits are comparable, with a slight edge to Axis Bank Ace for more lounge visits.
The annual fees for both cards are similar, with Axis Bank Ace charging Rs.499 and ICICI Coral Rs.500. Fee waivers require Rs.2 lakhs spend for Axis Bank Ace and Rs.1.5 lakhs for ICICI Coral, making the latter slightly easier to waive. Both cards offer a 1% fuel surcharge waiver but with different conditions: Axis Bank Ace's waiver applies generally on fuel transactions, while ICICI Coral's waiver is valid on Rs.4,000 spent at HPCL pumps. Other fees such as cash advance and card replacement are either waived or nominal on both cards. Effective cost depends on your spending pattern and ability to meet waiver criteria.
Axis Bank Ace offers cashback rewards with a top rate of 5% on select digital payments, while ICICI Coral provides reward points redeemable at Rs.0.25 per point. Axis Bank Ace's cashback model is simpler and more immediate, whereas ICICI Coral's points system requires redemption but includes milestone rewards.
Both cards waive 1% fuel surcharge but under different terms. Axis Bank Ace offers a general 1% waiver on fuel surcharge, while ICICI Coral's waiver applies specifically to Rs.4,000 spent at HPCL fuel pumps, which may influence fuel spenders' choice.
Consider Axis Bank Ace Visa Signature Credit Card if you prioritize higher cashback rewards on digital bill payments and food delivery platforms, and want multiple complimentary domestic lounge visits. This card suits users who frequently transact via Google Pay and spend on Ola, Swiggy, or Zomato, aiming to maximize cashback benefits.
Consider ICICI Bank Coral Credit Card Visa if you prefer a straightforward reward points system with category-specific points on groceries, insurance, and utilities, along with a milestone bonus on annual spends. This card may appeal to users who want consistent reward points accumulation and a slightly lower spend requirement for annual fee waiver.
Axis Bank Ace Visa Signature Credit Card charges Rs.499 annual fee with waiver on spending Rs.2 lakhs, whereas ICICI Bank Coral Credit Card Visa charges Rs.500 annual fee with waiver on spending Rs.1.5 lakhs.
International lounge access is not listed in our data for either card; please check with the issuer for updates.
Both cards charge a 3.5% forex markup fee on foreign currency transactions.
Axis Bank Ace Visa Signature Credit Card offers 5% cashback on bill payments through Google Pay, which is higher than ICICI Coral's flat reward points rate.
Axis Bank Ace offers 4 complimentary domestic lounge visits per calendar year, and ICICI Coral provides 1 complimentary lounge access per quarter, totaling 4 annually.