AU Bank Zenith Credit Card
Zenith Credit Card is most premium card offered by AU Bank and it comes with wide range of benefits. It comes with joining/annual fees of ₹7999 which is little bit high but if you are working in top MNC or government employee then you can get this card as lifetime free. The reward rate is 1.5% on regular spends and 4% on Dining at standalone, Grocery and International spends. The card also have multiple benefits like railway lounge for primary and add-on card, domestic & international lounge, milestone benefits and many more. Let’s read in details about this credit card and find out whether you should apply it or not.
JOINING FEE
Rs. 7,999+GST
RENEWAL FEE
Rs. 7,999+GST
BENEFITS
2 Domestic & International Lounge per Calendar quarter.
REWARDS &CASHBACK
20 RP on every 100 spent in dining, 10 RP on every 100 spent on international, Grocery, departmental & 5 RP on others.
Features & Benefits of AU Zenith+ Credit Card
Welcome Benefits
- Get shopping voucher worth of ₹1000 on making first POS Transaction within 60 days of card issuance.
- Get 10,000 Reward points on making ₹1 lakh transaction within 60 day of card issuance.
Zenith Reward Program
- Earn 20 Reward point for every ₹100 spent on dining at standalone restaurant and maximum you can earn 5000 RP in a statement cycle.
- Earn 10 Reward point for every ₹100 spent on Departmental store, Grocery purchase and International spends.
- 5 Reward point for every ₹100 spent on all online and offline transaction except fuel.
- Earn 1 Reward point on every ₹100 on Insurance, Utilities & Telecom categories. Cardholder can earn 100 Reward point per transaction on utility and telecom spends.
- No Reward Points on wallet, Cash, Rent, Education, Govt. Institutions, fuel.
Travel Benefits
- Get complimentary 8 domestic lounge access per annum (max 2 per quarter) only for primary cardholder and benefit is unlocked after spending ₹20,000 in previous quarter.
- Get complimentary 8 International lounge access per annum ( max 2 per quarter) only for primary cardholder and you will receive your priority pass membership with your welcome kit.
- Get 2 complimentary IRCTC lounge every quarter at kolkata, New delhi, Jaipur, Agra, Ahemdabad railway station.
Fuel Surcharge Waiver
- Get 1% Fuel surcharge waiver on all fuel transaction and maximum waiver is Rs.1000 per month. Note that you will not get any reward point on fuel spends.
Annual Benefits
- Annual fee that is ₹7999+GST will be waived off on spending ₹5 lakh in previous year.
- Joining fee will be reversed after spending ₹1.25 lakh in 90 days of card activation.
Milestone Benefits
- Get a ₹1000 gift voucher on spending ₹2 lakh in per quarter.
- You will get complimentary Taj Epicure Membership on spending ₹8 lakh in card anniversary year.
Fees & Charges
Foreign Currency Markup
- The card come with marginal foreign currency markup fee that is 1.99% of total transaction amount which is lower compared to other credit card in the market. This is plus point for this credit card which become good choice for International spends.
Finance Charges & Cash withdrawal Fee
- Interest rate is 3.75% per month that is approx 45% per annum.
- Cash withdrawal fee is 2.5% of withdrawal or min of ₹100.
Eligibility Criteria
- The applicant age must be 21-60 years for salaried employee and 25-65 years for self employed and he/she should be resident of India.
- AU Bank has not mentioned the salary but it is premium credit card you need salary atleast more than ₹1 lakh per month
- Final Thoughts
AU Bank Zenith credit card is for those who wants some travel benefits including rewards benefits. But it comes with high joining and annual fees ₹7999+GST and at this price you can get better credit card. Since it offered for LTF for those working in top MNC or government employee these people should definitely go for it.
- Frequently Asked Questions
What is the validity of Reward Point in AU Bank Zenith Credit Card?
The validity of Reward point is 2 years from the date of credit.
Do I get both complimentary Domestic & International lounge access?
Yes, You will get 8 complimentary domestic and International lounges access for primary cardholder.
Does AU Bank Zenith Credit Card have spend based annual fee waiver?
Yes, You need to spend ₹5 lakh in previous year to get waived off the fees.