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AU Altura Credit Card

AU Altura Credit Card
(4.5) Reviews

AU Altura Credit Card: Features, Benefits, and Application Guide

Best suited for
  • Cash Back
  • Lounge Access
  • Shopping
  • Travel
Apply Now
  • Joining Fee: ₹499 + GST

AU Altura Credit Card is one of the most popular credit cards offered by AU Small Finance Bank. It offers a wide range of benefits, including reward points, cashback offers, travel benefits, and contactless payments. If you are looking for a credit card that offers convenience and affordability, this could be a great option.

Key Features and Benefits of the AU Altura Credit Card

  •   Cashback Offers:
    • 2% cashback on retail spends at grocery stores, departmental stores, and utility bill payments, capped at ₹50 per statement cycle.
    • 1% cashback on other retail spends, also capped at ₹50 per statement cycle.
    • Note: Fuel, rent, wallet, and cash transactions are excluded from cashback eligibility.
  • Milestone Benefit:
    • An additional ₹50 cashback upon achieving ₹10,000 in retail spends within a statement cycle.
  • Complimentary Railway Lounge Access:
    • Two complimentary lounge accesses per calendar quarter at select railway stations, available to both primary and add-on cardholders.
  • Fuel Surcharge Waiver:
    • 1% waiver on fuel surcharge for transactions between ₹400 and ₹5,000, with a maximum benefit of ₹100 per statement cycle.
  • Card Liability Cover:
    • Zero liability on fraudulent transactions post reporting card loss.
    • Protection against card counterfeit/skimming and online frauds.
  • Contactless Payments:
    • Facilitates quick, secure, and easy payments by tapping the card at participating merchants for amounts up to ₹5,000 without entering a PIN.
  • XpressEMI Facility:
    • Option to convert transactions of ₹2,000 or more into easy EMIs by contacting customer care.

Eligibility Criteria

  • Primary cardholder age group: Self Employed: 25 years to 65 years & Salaried: 21 years to 60 years
  • Add-on cardholder: Should be over 18 years
  • Resident Indian

How to Apply?

  • Online Application:

    • Visit the AU Small Finance Bank’s official website and navigate to the Altura Credit Card section.
    • Click on “Apply Now” and fill in the required details.
    • Submit necessary documents as per the bank’s requirements.

  • Offline Application:

    • Visit the nearest AU Small Finance Bank branch.
    • Fill out the credit card application form and submit the required documents.

Fees and Charges

Joining Fees₹ 199 + GST
Annual Fees₹ 199 + GST
Cash Advance Charges2.5% of the Cash withdrawal amount or ₹ 500, whichever is higher.
Fuel Surcharge WaiverMaximum of ₹ 100 per statement month.
Railway Ticket Purchase FeeAs prescribed by Indian Railways / IRCTC
Interest Free PeriodUp to 48 Days (Not applicable for cash withdrawal)
Interest Charges3.59% per month (43.08% per annum) + GST
Late Payment Charges (Basis Credit Card Bill Amount)Less than or equal to ₹ 100 : Nill
Above ₹ 100 and up to ₹ 500 : ₹ 100
Above ₹ 500 and up to ₹ 5,000 : ₹ 600
Above ₹ 5,000 and up to ₹ 10,000 : ₹ 700
Above ₹ 10,000 and up to ₹ 20,000 : ₹ 800
Above ₹ 20,000 and up to ₹ 50,000 : ₹ 1100
Above ₹ 50,000 : ₹ 1300
Overlimit Charges2.5% of overlimit amount, subject to a minimum of ₹ 500
Cash Advance LimitUp to 40% of the card limit
Billing StatementPeriodicity:Monthly on a pre-determined date.
Mode: As per customer's choice.
E-statement through SMS or E-mail & Physical statement through courier
Outstation Cheque Processing Charges₹ 25/-
Foreign Currency Transaction/ Dynamic & Static Conversion Transactions - Cross Currency Markup Charges3.49%
Payment Return Charges2% of Total Amount Due or Minimum of ₹ 500 whichever is higher on return/failure of Credit Card outstanding payment (Cheque, ECS/NACH, Autopay).
Duplicated Physical Statement Request Charges₹ 100/-

Pros and Cons of the AU Altura Credit Card

Pros

  • Attractive cashback rates on specific categories.
  • Complimentary railway lounge access enhances travel comfort.
  • Affordable annual fee with substantial benefits.

Cons

  • Cashback caps may limit earnings for high spenders.
  • Exclusion of certain transactions (e.g., fuel, rent) from cashback eligibility.

Conclusion

AU Credit Cards, particularly the Altura Credit Card, offer great financial benefits, making them an excellent choice for everyday purchases, online shopping, and travel. If you’re looking to apply for an AU credit card, ensure you understand the features, fees, and benefits before making a decision.

Stay financially savvy and choose the best AU Credit Card for your needs!

 

Frequently Asked Questions

You must be at least 18 years old, have a stable income, and possess a good credit score.

It typically takes 5-7 working days for approval after document verification.

Yes, you can apply online through the AU bank’s official website.

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