AU Small Finance Bank Zenith Credit Card
Product Details
Credit Card Name :
AU Small Finance Bank Zenith Credit Card
Bank Name :
AU Small Finance Bank
Type :
Rewards Credit Card
Interest Rate :
1.99% per month (23.88% annually)
Eligibility :
Primary cardholder between the age of 21 years and 60 years.
Add-on cardholder should be over 18 years.
Resident Indian.
Pros
Welcome Benefit: Vouchers worth INR 1000 on 1st POS retail transaction
Reward System: - 20 Reward Points per INR 100 retail spends done on Dining at standalone restaurants. Resturant cashback rate: 5%. 10 Reward Points per INR 100 retail spends done on International transactions, Grocery and Departmental stores. Grocery cashback rate: 2.5%. 5 Reward Points per INR 100 retail spends done across other merchant categories. General cashback rate: 1.25%. 1 Reward Points per INR 100 retail spends done on BBPS and Utility & Telecom categories. Utility cashback rate 0.25%.
Quarterly Milestone: INR 1,000 vouchers on minimum INR 2 lakh retail spends done per calendar quarter. Choose your vouchers from a bouquet of top brands.
Yearly Milestone: Complimentary Epicure Membership on minimum of INR 8 lakh retail spends in a card anniversary year. Subject to terms and Conditions.
Airport Lounge Access: 2 complimentary lounge access per calendar quarter, using Priority Pass at all participating lounges. 4 complimentary lounge access per calendar quarter within India, using your VISA Card.
Railway Lounge Access: 2 complimentary lounge access per calendar quarter, using VISA Card at railway stations in these cities – New Delhi, Kolkata (Sealdah), Jaipur, Ahmedabad and Agra.
Cons
Low cashback rate.
Most of the benefits are capped at a low threshold.
Pros & Cons
Welcome Benefits
Welcome Benefit: Vouchers worth INR 1000 on 1st POS retail transaction
Rewards System
Reward System: 20 Reward Points per INR 100 retail spends done on Dining at standalone restaurants. Resturant cashback rate: 5%. 10 Reward Points per INR 100 retail spends done on International transactions, Grocery and Departmental stores. Grocery cashback rate: 2.5%. 5 Reward Points per INR 100 retail spends done across other merchant categories. General cashback rate: 1.25%. 1 Reward Points per INR 100 retail spends done on BBPS and Utility & Telecom categories. Utility cashback rate 0.25%.
International Forex Markup
3.49%
Welcome Benefits and Reward System
Special Features
Special Feature: Vouchers worth INR 1000 on 1st POS retail transaction.
Eligibility Criteria
Primary cardholder between the age of 21 years and 60 years.
Add-on cardholder should be over 18 years.
Resident Indian.
Benefits
Comprehensive protection
Travel benefits
Milestone Benefits
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for the AU Finance Bank Zenith Credit Card:
Go to the AU Bank website and click on the "Credit Cards" tab.
Click on the "Apply Now" button for the Zenith Credit Card.
You will be asked to provide your personal information, such as your name, address, date of birth, and contact details.
You will also be asked to provide your income and employment details.
You will need to upload a copy of your PAN card and recent salary slip.
You will need to provide your CIBIL score.
Once you have submitted your application, you will be contacted by AU Bank for further processing.
Contact Details
Toll Free No: 1800 1200 1200
1800 26 66677
Email: customercare@aubank.in
Account Opening and Procedure
AU Small Finance Bank Zenith Credit Card
AU Bank Zenith Credit Card has limited number of value add benefits. Even the cashback rate is very low. If you are looking for a premium credit card, Zenith may not satisfy all your expectations.
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: Rs 7999 +taxes. For 1st year fee waiver – Rs.1,50,000 retail spends done within 90 days of card set up. For 2nd year onwards fee waiver – Rs. 5,00,000 retail spends done in previous card anniversary year.
Cash Advance Charges 2.5% of amount withdrawn, subject to a minimum of INR 100.
Fuel Surcharge: 1% fuel surcharge refunded for all transactions (maximum of INR 1,000/- in a statement cycle).
Late Payment Fees: INR 0 to INR 1100 for outstanding amount ranging from Rs 0 to INR 50,000 + amount.
Interest Rate: 1.99% per month (23.88% annually)+ GST.
Foreign Currency Mark up Fees: 1.99%
Fuel Surcharge
Fuel Surcharge: 1% fuel surcharge refunded for all transactions (maximum of INR 1,000/- in a statement cycle).
Billing Cycle
30 Days