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Value-back Comparison: Cashback SBI Card Vs. Axis Ace
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Value-back Comparison: Cashback SBI Card Vs. Axis Ace
The table below shows a comparison of value-back that Axis Ace would offer for a given set of transactions compared with that offered by Cashback SBI Card on the same set of transactions.
| Transaction | Amount | Cashback SBI Card | Axis Ace |
| Spends on Big Basket | Rs. 7,000 | Rs. 350 | Rs. 140 |
| Electricity Bill Payment via Google Pay | Rs. 4,000 | Rs. 0 | Rs. 200 |
| Apparel Purchase on Myntra | Rs. 3,500 | Rs. 175 | Rs. 70 |
| Fuel Spends | Rs. 5,000 | Rs. 0 | Rs. 0 |
| Food Ordering via Zomato | Rs. 2,000 | Rs. 100 | Rs. 80 |
| Spends at Ola Cabs | Rs. 3,000 | Rs. 150 | Rs. 120 |
| Spends on FirstCry | Rs. 4,000 | Rs. 200 | Rs. 80 |
| Spends at Uber | Rs. 2,000 | Rs. 100 | Rs. 40 |
| Flight booking via MakeMyTrip | Rs. 8,000 | Rs. 400 | Rs. 160 |
| Hotel Booking via Cleartrip | Rs. 6,500 | Rs. 325 | Rs. 130 |
| Misc. Offline Spends | Rs. 5,000 | Rs. 50 | Rs. 100 |
| Total | Rs. 50,000 | Rs. 1,850 | Rs. 1,120 |
Axis Ace is one of the best cashback cards in the market but the extra earnings are restricted to certain merchants. Even if you spend online, there is no extra benefit for general online spends. On the other hand, Cashback SBI Card offers 5% cashback on all online transactions except some excluded categories. The total cashback earned would be higher for Cashback SBI Card as even the brands/merchants that are not covered by Axis Ace will earn 5% cashback.
Source - Paisabazaar
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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https://www.desidime.com/comments/permalink/10091003
CASHBACK - ₹5K PER MONTH vs ₹500 PER MONTH
https://www.desidime.com/comments/permalink/10091097
Another couple of factors -
a) Annual fees of Rs 1000 + GST for SBI CB v/s Rs 500 + GST for Axis Ace
b) As per that table, the online spends are 9 times the offline spends. You need to sit down with your past 3 month's statements to understand what benefits you more.
https://www.desidime.com/comments/permalink/10092017
correct.. source is PaisaBazzar and upon checking this article was published on 11-Apr and ACE devaluation was from 20-Apr and moreover article was to compare the devaluation effects of SBI CB card 😃 so no idea why this article now
https://www.paisabazaar.com/sbi-bank/cashback-s....
https://www.paisabazaar.com/sbi-bank/cashback-s....
https://www.desidime.com/comments/permalink/10094270
Summary:
I have SBI cashback CC and closed my axis flipkart and ace credit card after devaluation. 😌
https://www.desidime.com/comments/permalink/10101457
How to get 5% cashback on utility bills and insurance payment using SBI Cashback CC?
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