Clarification on Axis Ace Credit Card Annual Fees

Maitri Maniya

KF Expert
I recently received the Axis Ace credit card, and the kit mentions a ₹0 joining fee and ₹499 annual fee. My question is: will the annual fee of ₹499 apply starting from the second year, or is there any fee for the first year as well? Just want to clarify if the first year is fee-free.
 

Channakya

KF Ace
I recently received the Axis Ace credit card, and the kit mentions a ₹0 joining fee and ₹499 annual fee. My question is: will the annual fee of ₹499 apply starting from the second year, or is there any fee for the first year as well? Just want to clarify if the first year is fee-free.
The fees will be posted in the second year, first month statement
 
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