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getACE Metal Credit card

  • Thread starter Thread starter Deekay
  • Start date Start date
  • Replies Replies 3
  • Views Views 808
I tried to find some more details.
Website : http://getace.cc
USP:- instead of rewards you get stocks of companies where you made transection.
Idea: nice.
Naming: very bad there is already axis ace card why name it ace or maybe they started working before axis launched.
Availablity: not available their twitter page started in March 2022 so extremely new.
Design: not sure any physical card exist yet all photos are of renders but atleast 1 variant will be of metal.
Cashback: as per their reward calculator it should be up to 4% but than come problem that not all companies where we transect are listed so will we get reward for all companies?what will happen when we transect with India companies?

Red flags: 1.chances are this will be BNPL card since only 2 NBFC in india can issue credit card (sbi cards and Bob financial).
2. What about taxes when selling stock if you need to pay 30% than considerable gain will be lost.
3. Either they'll tie up with vested or INDmoney or they'll have own app for us stocks so we have to share lot more details than we need.
 
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