AU Small Finance Bank LIT Credit Card
MyRupaya Ratings
Product Details
Credit Card Name :
AU Small Finance Bank LIT Credit Card
Bank Name :
AU Small Finance Bank
Type :
Rewards Credit Card
Interest Rate :
3.49% per month (41.88% annually).
Eligibility :
Primary cardholder between the age of 21 years and 60 years
Add-on cardholder should be over 18 years.
Resident Indian.
Pros
Reward System: 10X or 5X Reward Points on all online domestic & international retail transactions, and 10X or 5X Reward Points on all POS & Contactless offline domestic & international transactions.
Milestone Cashback: 5% cashback 3 times over 90 days for retail spending in addition to 1 Reward Point per INR 100 spent. Minimum retail spends of INR 7,500 & max. cashback of INR 500 over 30 days. Additional 2% cashback 3 times over 90 days for retail spends in addition to 1 Reward Point per INR 100 spent.
Other Benefits: 4 Complimentary airport lounge access, food delivery, fitness & entertainment memberships.
Cons
An average user may find this card benefit package confusing.
No welcome benefit is provided.
Pros & Cons
Welcome Benefits
None.
Rewards System
Reward System: 10X or 5X Reward Points on all online domestic & international retail transactions, and 10X or 5X Reward Points on all POS & Contactless offline domestic & international transactions.
1 Point = Rs. 0.25.
Effective Cashback Rate: 3.75%
International Forex Markup
3.49%.
Welcome Benefits and Reward System
Special Features
Special Feature: You can choose your benefit package and thereafter pay accordingly.
Eligibility Criteria
Primary cardholder between the age of 21 years and 60 years
Add-on cardholder should be over 18 years.
Resident Indian.
Benefits
Lifetime free
5% or 2% cashback on retail spends
Additional 5% cashback on travel, dining, grocery, electronics, & apparel expenses
Milestone cashback up to INR 1,000 in each 30 days
Shopping Reward
Fun & Fitness Memberships
Airport Lounge Access
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for an AU Bank LIT Credit Card:
Visit the AU Bank website or download the AU 0101 app.
Click on the "Apply for Credit Card" tab.
Select the LIT Credit Card.
Enter your personal details, such as your name, address, and contact information.
Enter your income and employment details.
Select the features and benefits that you want on your card.
Submit your application.
You will need to provide the following documents to complete your application:
A copy of your PAN card
A copy of your latest bank statement
A copy of your latest salary slip (if applicable)
AU Bank will review your application and let you know the status within a few days. If your application is approved, you will receive your card in the mail within a few weeks.
Contact Details
Toll Free No: 1800 1200 1200
1800 26 66677
Email: customercare@aubank.in
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Reward System: 10X or 5X Reward Points on all online domestic & international retail transactions, and 10X or 5X Reward Points on all POS & Contactless offline domestic & international transactions.
Milestone Cashback: 5% cashback 3 times over 90 days for retail spending in addition to 1 Reward Point per INR 100 spent. Minimum retail spends of INR 7,500 & max. cashback of INR 500 over 30 days. Additional 2% cashback 3 times over 90 days for retail spends in addition to 1 Reward Point per INR 100 spent.
Other Benefits: 4 Complimentary airport lounge access, food delivery, fitness & entertainment memberships.
An average user may find this card benefit package confusing.
No welcome benefit is provided.
HDFC Bank Biz Power Credit Card
The card is a premium credit card with a number of value add features. This card offers cashback on even tax and GST payment. Overall it is a must have card for small business owners/ freelancers.
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/Joining fee : Nil.
Cash Advance Charges 2.5% of amount withdrawn, subject to a minimum of ₹ 100.
Late Payment fees: Rs 0 to Rs 1100 for outstanding amount ranging from Rs 0 to Rs 50,000 + amount.
Interest Rate: 3.49% per month (41.88% annually).
Foreign Currency Mark up Fees: 3.49%.
Over Limit Charges: 2.5% of overlimit amount, subject to a minimum of `500.
EMI Conversion charges: 1% of the transaction value, subject to min Rs 99+GST.
Fuel Surcharge
1%, waived upto INR 50 per month.
Billing Cycle
30 Days