AU Altura Plus Credit Card
The AU Small Finance Bank Altura Plus Credit Card is a better version of the Altura Credit Card, offering more rewards and benefits. It gives 1.5% cashback on retail shopping and extra reward points for online purchases. There is no limit to how many points you can collect, making it a great option for regular spenders. If you reach a specific spending amount, you can also earn 500 bonus reward points every month. This card is designed to provide both savings and extra benefits on everyday expenses.
For those who travel, the card includes free railway lounge access at selected stations and a 1% fuel surcharge waiver to help save on fuel costs. You can also get your joining and annual fee waived if you spend enough in a year. It comes with security features that protect against unauthorized transactions, ensuring safe usage. The card has an annual fee of ₹499, but you can receive a ₹500 welcome voucher by spending ₹10,000 within 60 days. Overall, it’s a good choice for anyone looking for an affordable credit card with cashback, rewards, and travel perks.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
Is it possible to get the annual fee waived for the Altura Plus card?
Yes, the first-year annual fee can be waived if you spend ₹20,000 on retail purchases within 90 days of card activation. From the second year onward, the fee waiver is applicable if you spend ₹80,000 on retail transactions in the previous card anniversary year.
What is the interest-free period for the AU Bank Altura Plus Credit Card?
The interest-free period can be up to 50 days.
What is the GST rate applicable to my AU Altura Plus Credit Card?
An 18% GST is applied to all fees, charges, and interest rates associated with your card.
How can I claim the insurance benefits linked to the credit card?
To claim insurance benefits, call AU Bank customer care at 180012001500.
What is the minimum age requirement for an Add-on Credit Card Holder?
The minimum age should be 18 or the same as the primary cardholder.
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