AU Bank Zenith+ Credit Card
Au Bank Zenith+ Credit Card is a premium credit card offered by AU Bank. This credit card is for those who travel a lot and make International spends because of low foreign markup fee 0.99%. This card comes with joining and annual fee of ₹4999+GST which is little high but if you look other side it seems like it is free because everytime you renew your card you will get 5000 reward point which is equivalent to ₹5000. The card offer 16 complimentary domestic and International lounge access, 16 Buy 1 Get 1 movie Ticket every year on Bookmyshow, Taj Epicure Membership and many more. Please read the below article to know more about the card.
JOINING FEE
Rs. 4999+GST
RENEWAL FEE
Rs. 4999+GST
BENEFITS
4 Domestic Lounge per quarter & 16 International Lounge access in year.
REWARDS &CASHBACK
2 RP Per Rs 100 on dining, International & Travel spends.
Features & Benefits of AU Zenith+ Credit Card
Welcome Benefits
- Get ₹5000 worth of voucher from luxury brand or you can also opt for 5000 reward point as welcome benefits.
- Welcome Benefits is available for primary cardholder only and can be availed within 2 months from card activation date.
Zenith+ Reward Program
- Earn 1 Reward point on every ₹100 spent with this card.
- Earn 2 Reward points on every ₹100 spent on travel, dining and International spends.
- The value of 1 Reward point = ₹1.
- No Reward Points on wallet, Insurance, Utility, rent, Govt. Institutions, fuel.
Airport Lounge Access
- Get complimentary 16 domestic lounge access per annum (max 4 per quarter) only for primary cardholder.
- Get complimentary 16 International lounge access per annum ( max 4 per quarter) only for primary cardholder and you will receive your priority pass membership with your welcome kit.
- Get complimentary meet and greet at Airport with end to end VIP Checkin 4 times in a year once per quarter.
Golf Privileges
- Get upto 8 complimentary golf round/lesson per year and maxium 2 per quarter.
- Cardholders needs to call on concierge desk 1800 210 0298 (toll free) or 022- 42320298 to place the request. Cardholders will receive the booking confirmation on email.
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 ₹4999+GST will be waived off on spending ₹10 lakh in previous year. If you do not meet the spending criteria then also don't worry because you will get 5000 reward point which is equivalent to the annual fee.
Membership Benefits
- Taj Epicure Membership : You will get complimentary Taj Epicure Membership on spending ₹12 lakh in card anniversary year.
Milestone Benefits
- Get a 1000 Reward points on spending ₹75,000 in a month.
- Monthly milestone of ₹75k is difficult to achieve since it has not included rent, education, government, Insurance, Utility and Fuel.
Movie & Dining Benefits
- Get 16 complimentary Buy1 Get 1 Movie Ticket on Bookmyshow that is 4 per quarter. Maxium discount is ₹500 when you book two ticket.
- Get almost 30% discount at partner restaurant with AU Bank Zenith+ Credit Card.
Fees & Charges
Foreign Currency Markup
- The card come with marginal foreign currency markup fee that is 0.99% 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 1.99% per month that is approx 24% per annum. This is also very low compared to other credit card which is 3.5%.
- 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.
- The applicant salary must be ₹2.5 lakh per month.
- Final Thoughts
AU Bank Zenith+ credit card is a decent credit card for traveller who frequently travel abroad and having good amount of International spends. Despite having such a high Joining/Annual fee it is having very low reward rate, But here is twist because everytime when you pay annual fee you get 5000 reward points which is equivalent to ₹5000 so its almost free and you get 16 complimentary domestic and International lounge access. The card is excellent choice for dining and movie benefit. To get this card you should have monthly Income ₹2.5 lakh per month which is not easy for everybody but still if you get chance to get this card please 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 16 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 ₹10lakh in previous year to get waived off the fees.