AU Bank Altura Plus Credit Card
AU Bank Altura Plus Credit Card is an entry level credit card that offer decent reward rate. It comes with joining fee of ₹499+GST and 1.5% cashback on POS Retail transaction and 2X reward points on online transaction. There is no maximum capping on reward points. You will algo get bonus reward point on milestone achievement, there is 2 complimentary railway lounge access per quarter. There is also other benefits like spend based annual fee waiver, 1% Fuel surcharge waiver etc. Let’s read in details about this credit card.
JOINING FEE
Rs.499+GST
RENEWAL FEE
Rs.499+GST
BENEFITS
Complimentary 4 Domestic Airport Lounge in Year
REWARDS &CASHBACK
1.5% cashback on POS Retail Transaction.
Key Features of AU Bank Altura Plus Credit Card
Cashback/Reward
- Get 1.5% cashback on all POS retail transaction at merchant outlet. Maximum you can earn ₹100 in a statement cycle and after that you will earn 1 Reward point on every ₹100 on POS except fuel.
- Get 2X Reward Points on online transaction on every ₹100 spend.
- There is no limit on Reward Points except 1.5% cashback on POS Transaction.
- You will also going to earn Reward points on Utility and Telecom spends and maxium you can earn 100 Reward points per Transaction.
- No Reward Points on transaction done on Fuel, Wallet, Rent, Govt. Transaction, EMI, Cash Advances,BBPS.
Fuel Surcharge Waiver
- Get 1% Fuel surcharge waiver on all fuel station on transaction between ₹400 & ₹5000. Maximum waiver of Rs.150 per month.
Spend Based Waiver
- Joining fee will be waived off if you spend ₹20,000 in first 90 days of card issuance.
- The annual fee of Rs.499+GST is waived off if you had spent Rs. 80,000 in previous year and this is very much achievable.
Travel Benefits
- You will get 2 complimentary Railway lounge access per quarter.
- The Railway lounge access will be available on major cities railway station like Kolkata, New Delhi, Ahmedabad, Jaipur, Varanasi, Madurai.
Reward Redemption
- The Reward Points you have earned can be redeemed for Flight and hotel booking, DTH or Mobile Recharge, Merchandise , Gift voucher and value of 1 Reward Point = ₹0.25.
Fees & Charges
Foreign Currency Markup
- The card come with high foreign currency markup fee that is 3.5% of total transaction amount. So if you are looking of any international travel & transaction credit card you can choose other cards that have zero or very less markup fee.
Finance Charges & Cash withdrawal Fee
- Interest rate is 3.75% per month that is 55.55% per annum.
- Cash withdawal fee is min Rs.500 upto 2.5% of cash withdrawal amount.
Eligibility Criteria
- AU Bank has mentioned the Income criteria but you should have good range of Income atleast 20-25k and if you self employed your ITR should be between 5 to 6 lakh.
| Criteria | Salaried Individuals | Self Employed Individuals |
|---|---|---|
|
Age |
21-60 Years |
21-65 Years |
|
Income |
₹25000 Per month |
ITR should be 6 lakh or more |
- Final Thoughts
AU Bank Altura Plus Credit Card is a good choice one who is starting their credit card journey. At this affordable joining and annual fee you are getting multiple benefits like complimentary railway lounge, reward points, milestone benefits. AU Bank credit card offer great discount on flight ticket booking on different website like goibibo, cleartrip so you can keep this credit card for that purpose also. overall if you are starting your credit card journey and want to earn reward and discount then you should definitely go for it.
- Frequently Asked Questions
What is maximum reward point can be earned in a month?
There is no limit on earning reward point, you can earn unlimited reward points.
Does AU Bank Altura Plus credit card have spend based annual fee waiver?
Yes the annual fee is waived off on spending Rs. 80,000 in previous year.
What is validity of Reward points on Au Bank Altura Plus Credit Card?
The Reward points is valid for 2 Year.