AU Bank Zenith+ Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
AU Bank Zenith+ Credit Card
Bank Name :
AU Small Finance Bank
Type :
Lifestyle Credit Card
Interest Rate :
1.99% per month (23.88% annually)
Eligibility :
Minimum monthly net income: Rs. 2.5 lakhs. This is the most important factor; if you don't meet this income threshold, you won't be eligible for the card.
Age: Primary cardholder: Between 21 and 60 years old.
Indian residency: You must be a resident of India to apply.
Pros
Welcome Benefit: Customers get to choose from a range of Luxury brand vouchers or reward points worth INR 5,000 on Zenith+ card activation.
Milestone Benefit: 1,000 reward points on a minimum retail spend of INR 75,000 per statement cycle, and complimentary Taj Epicure membership on a minimum net retail spend of INR 12 Lakh in a card anniversary year.
Reward System: Users will earn 2 reward points for every INR 100 spent on travel, dining, and international spending. 1 reward point per INR 100 on retail spending across all merchant categories. The value of 1 reward point is INR 1. Effective cashback rate: 2% (on travel, dining, and international spending), and 1% for other spending. Additional customers also get 5000 bonus reward points on paying annual/renewal membership fees from 2nd year onwards.
Other Benefits: Airport meal and assistance facilities available, and domestic and international lounge access facility available. Offers on movie tickets are available to the customers. Comprehensive protection cover.
Cons
Lower reward rates.
Pros & Cons
Welcome Benefits
Customers get to choose from a range of Luxury Brand Vouchers or Reward points worth INR 5,000 on Zenith+ card activation.
Rewards System
Users will earn 2 reward points for every INR 100 spent on travel, dining, and international spending. 1 reward point per INR 100 on retail spending across all merchant categories. The value of 1 reward point is INR 1. Effective cashback rate: 2% (on travel, dining, and international spending), and 1% for other spending. Additional customers also get 5000 bonus reward points on paying annual/renewal membership fees from 2nd year onwards.
International Forex Markup
0.99%
Welcome Benefits and Reward System
Special Features
8 complimentary golf games/lessons annually. (Up to 2 complimentary golf rounds/lessons per calendar quarter).
Eligibility Criteria
Minimum monthly net income: Rs. 2.5 lakhs. This is the most important factor; if you don't meet this income threshold, you won't be eligible for the card.
Age: Primary cardholder: Between 21 and 60 years old.
Indian residency: You must be a resident of India to apply.
Benefits
Lifetyle privileges.
Travel benefits.
Comprehensive insurance covers.
Milestone rewards.
Annual fees payment rewards.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Visit the AU Small Finance Bank website.
Navigate to the Credit Card section and find the Zenith+ Credit Card page [AU Bank Zenith Credit Card].
Click on "Apply Online" or a similar button.
Enter your mobile number and PAN details.
Accept the Terms & Conditions and generate a One-Time Password (OTP).
The online application will ask for your personal information, employment details, and income proof.
You may be required to upload scanned documents like PAN card, address proof, and income statements.
Submit the completed application form online.
Contact Details
Contact Number: 0141-6660645
Email ID: pno@aubank.in
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefit: Customers get to choose from a range of Luxury brand vouchers or reward points worth INR 5,000 on Zenith+ card activation.
Milestone Benefit: 1,000 reward points on a minimum retail spend of INR 75,000 per statement cycle, and complimentary Taj Epicure membership on a minimum net retail spend of INR 12 Lakh in a card anniversary year.
Reward System: Users will earn 2 reward points for every INR 100 spent on travel, dining, and international spending. 1 reward point per INR 100 on retail spending across all merchant categories. The value of 1 reward point is INR 1. Effective cashback rate: 2% (on travel, dining, and international spending), and 1% for other spending. Additional customers also get 5000 bonus reward points on paying annual/renewal membership fees from 2nd year onwards.
Other Benefits: Airport meal and assistance facilities available, and domestic and international lounge access facility available. Offers on movie tickets are available to the customers. Comprehensive protection cover.
Lower reward rates.
The AU Zenith Plus Credit Card is a good option for high-income individuals who travel often and value airport lounges, low forex fees, and bonus rewards on specific categories. However, the annual fee is a significant factor. If you don't travel frequently or can't maximize the reward program, the AU Bank Zenith Card might be a better choice due to its lower fee and higher cashback potential.
AU Bank Zenith+ Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Annual Membership Fee: INR 4,999 + applicable taxes.
Cash Advance Charges: 2.5% of the cash withdrawal amount or Rs. 500, whichever is higher.
Interest Rate: 1.99% per month (23.88% annually).
Late Payment Charges: Ranges from INR 100 to INR 1300.
Foreign Currency Mark-up Fees: 0.99%.
Reward Redemption Fees: Rs. 99 + GST
Fuel Surcharge
1% fuel surcharge refunded for all transactions (maximum of Rs. 1,000/- in a statement cycle).
Billing Cycle
30 Days